JEF (Jefferies Financial Group) E10: $3.08 (As of Feb. 2026)


JEF Jefferies Financial Group Inc JEF
86 GF Score
Price $52.64
GF Value $57.93
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Jefferies Financial Group E10?

Jefferies Financial Group JEF -9.15% 86 E10 is $3.08 as of Feb. 2026. GuruFocus rates JEF with a GF Score™ of 86/100 and a GF Value™ of $57.93 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Jefferies Financial Group's adjusted earnings per share data for the three months ended in Feb. 2026 was $0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.08 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Jefferies Financial Group's average E10 Growth Rate was 9.60% per year. During the past 3 years, the average E10 Growth Rate was 4.50% per year. During the past 5 years, the average E10 Growth Rate was 3.70% per year. During the past 10 years, the average E10 Growth Rate was 14.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Jefferies Financial Group was 65.10% per year. The lowest was -36.30% per year. And the median was 5.90% per year.

As of today (2026-06-26), Jefferies Financial Group's current stock price is $52.64. Jefferies Financial Group's E10 for the quarter that ended in Feb. 2026 was $3.08. Jefferies Financial Group's Shiller PE Ratio of today is 17.09.

During the past 13 years, the highest Shiller PE Ratio of Jefferies Financial Group was 46.40. The lowest was 4.99. And the median was 16.87.


Jefferies Financial Group  (NYSE:JEF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Jefferies Financial Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=52.64/3.08
=17.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Jefferies Financial Group was 46.40. The lowest was 4.99. And the median was 16.87.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Jefferies Financial Group E10 Related Terms


Jefferies Financial Group E10 Historical Data

* Premium members only.

The historical data trend for Jefferies Financial Group's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jefferies Financial Group E10 Chart

Jefferies Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 2.64 2.43 2.72 3.01

Jefferies Financial Group Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 2.86 3.01 3.08 0.00

JEF vs SF, BMNR, RIOT: E10 Comparison

For the Capital Markets subindustry, Jefferies Financial Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jefferies Financial Group Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jefferies Financial Group's Shiller PE Ratio falls into.


JEF
86GF Score
Jefferies Financial Group Inc JEF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jefferies Financial Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Jefferies Financial Group's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.7/326.7850*326.7850
=0.700

Current CPI (Feb. 2026) = 326.7850.

Jefferies Financial Group Quarterly Data

per share eps CPI Adj_EPS
201603 -0.600 238.132 -0.823
201606 0.150 241.018 0.203
201609 0.410 241.428 0.555
201612 0.370 241.432 0.501
201703 0.750 243.801 1.005
201706 0.160 244.955 0.213
201709 0.270 246.819 0.357
201712 -0.740 246.524 -0.981
201803 0.340 249.554 0.445
201806 2.030 251.989 2.633
201809 0.550 252.439 0.712
201902 0.140 252.776 0.181
201905 2.140 256.092 2.731
201908 0.150 256.558 0.191
201911 0.620 257.208 0.788
202002 0.370 258.678 0.467
202005 0.160 256.394 0.204
202008 1.070 259.918 1.345
202011 1.110 260.229 1.394
202102 2.130 263.014 2.646
202105 1.300 269.195 1.578
202108 1.500 273.567 1.792
202111 1.200 277.948 1.411
202202 1.230 283.716 1.417
202205 0.450 292.296 0.503
202208 0.780 296.171 0.861
202211 0.580 297.711 0.637
202302 0.540 300.840 0.587
202305 0.050 304.127 0.054
202308 0.220 307.026 0.234
202311 0.290 307.051 0.309
202402 0.660 310.326 0.695
202405 0.640 314.069 0.666
202408 0.750 314.796 0.779
202411 0.930 315.493 0.963
202502 0.570 319.082 0.584
202505 0.400 321.465 0.407
202508 1.010 323.976 1.019
202511 0.850 324.122 0.857
202602 0.700 326.785 0.700

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $3.08 mean?
Jefferies Financial Group (JEF) has a E10 of $3.08 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Jefferies Financial Group and its competitors.
Is Jefferies Financial Group's E10 too high?
Jefferies Financial Group's current E10 is $3.08. Overall, Jefferies Financial Group has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jefferies Financial Group's E10 compare to SF and BMNR?
Jefferies Financial Group's E10 of $3.08 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Capital Markets company?
A good E10 depends on the Capital Markets industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Jefferies Financial Group and its competitors. Jefferies Financial Group's current E10 is $3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jefferies Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Jefferies Financial Group (JEF) is currently considered Fairly Valued. The stock's GF Value™ is $57.93, compared to a current price of $52.64 — trading 9.1% below its estimated fair value. The current E10 is $3.08. Jefferies Financial Group's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Jefferies Financial Group (JEF), the current E10 is $3.08 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jefferies Financial Group (JEF) Overvalued in 2026?

Based on GuruFocus' analysis, Jefferies Financial Group stock appears to be undervalued. The current stock price of $52.64 is trading 9.1% below its estimated GF Value™ of $57.93. GuruFocus considers Jefferies Financial Group to be Fairly Valued.

Key valuation signals for JEF:

  • E10: $3.08
  • GF Value™: $57.93 vs. price of $52.64 (9.1% below fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the JEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jefferies Financial Group Business Description

Other Exchanges LN3:Germany
Address 520 Madison Avenue, New York, NY, USA, 10022
Jefferies Financial Group is a full-service investment banking and capital markets firm that was founded in 1962. After nearly 30 years of focusing on institutional trading services, it entered the investment banking industry in the early 1990s, which ultimately grew into the core business. In 2013, Jefferies merged with Leucadia, a manufacturing-focused holding company. Since merging, Jefferies became the core of the combined business as the bulk of the legacy portfolio was sold off and the parent company was renamed to match the subsidiary. Within the investment banking landscape, Jefferies predominately serves the North American middle market and has captured considerable market share over the past decade.
86GF Score

Get the complete analysis for JEF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$52.64
Price
$57.93
GF Value