Target (LIM:TGT) E10: $0.00 (As of Jul. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LIM:TGT Target Corp LIM:TGT
64 GF Score
Price $147.00
GF Value $121.09
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Target E10?

Target LIM:TGT 64 E10 is $0.00 as of Jul. 2026. GuruFocus rates LIM:TGT with a GF Score™ of 64/100 and a GF Value™ of $121.09 (Modestly Overvalued). The stock has 7 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.

Target's adjusted earnings per share data for the three months ended in Jul. 2026 was $4.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Jul. 2026.

During the past 12 months, Target's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 12.90% per year. During the past 10 years, the average E10 Growth Rate was 11.30% 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 Target was 21.40% per year. The lowest was -2.70% per year. And the median was 12.40% per year.

As of today (2026-08-20), Target's current stock price is $147.00. Target's E10 for the quarter that ended in Jul. 2026 was $0.00. Target's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Target was 50.01. The lowest was 9.56. And the median was 20.24.


Target  (LIM:TGT) 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.

During the past 13 years, the highest Shiller P/E Ratio of Target was 50.01. The lowest was 9.56. And the median was 20.24.


Be Aware

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


Target E10 Related Terms


Target E10 Historical Data

* Premium members only.

The historical data trend for Target'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.

Target E10 Chart

Target Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 5.91 7.26 8.82 9.36

Target Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 9.47 9.17 9.36 9.21 0.00

LIM:TGT vs DG, DLTR, BJ: E10 Comparison

For the Discount Stores subindustry, Target'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.


Target Shiller PE Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Target's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Target's Shiller PE Ratio falls into.


LIM:TGT
64GF Score
Target Corp LIM:TGT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Target 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, Target's adjusted earnings per share data for the three months ended in Jul. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=4.11/333.9180*333.9180
=4.110

Current CPI (Jul. 2026) = 333.9180.

Target Quarterly Data

per share eps CPI Adj_EPS
201610 1.060 241.729 1.464
201701 1.450 242.839 1.994
201704 1.220 244.524 1.666
201707 1.220 244.786 1.664
201710 0.870 246.663 1.178
201801 2.020 247.867 2.721
201804 1.330 250.546 1.773
201807 1.490 252.006 1.974
201810 1.170 252.885 1.545
201901 1.520 251.712 2.016
201904 1.530 255.548 1.999
201907 1.820 256.571 2.369
201910 1.390 257.346 1.804
202001 1.630 257.971 2.110
202004 0.560 256.389 0.729
202007 3.350 259.101 4.317
202010 2.010 260.388 2.578
202101 2.730 261.582 3.485
202104 4.170 267.054 5.214
202107 3.650 273.003 4.464
202110 3.040 276.589 3.670
202201 3.210 281.148 3.813
202204 2.160 289.109 2.495
202207 0.390 296.276 0.440
202210 1.540 298.012 1.726
202301 1.890 299.170 2.110
202304 2.050 303.363 2.256
202307 1.800 305.691 1.966
202310 2.100 307.671 2.279
202401 2.980 308.417 3.226
202404 2.030 313.548 2.162
202407 2.570 314.540 2.728
202410 1.850 315.664 1.957
202501 2.410 317.671 2.533
202504 2.270 320.795 2.363
202507 2.050 323.048 2.119
202510 1.510 0.000
202601 2.300 325.252 2.361
202604 1.710 333.020 1.715
202607 4.110 333.918 4.110

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 $0.00 mean?
Target (LIM:TGT) has a E10 of $0.00 as of Jul. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Target and its competitors.
Is Target's E10 too high?
Target's current E10 is $0.00. Overall, Target has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Target's E10 compare to DG and DLTR?
Target's E10 of $0.00 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good E10 depends on the Retail - Defensive 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 Target and its competitors. Target's current E10 is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Target stock overvalued right now?
Based on GuruFocus' analysis, Target (LIM:TGT) is currently considered Modestly Overvalued. The stock's GF Value™ is $121.09, compared to a current price of $147.00 — trading 21.4% above its estimated fair value. The current E10 is $0.00. Target's overall GF Score™ is 64/100 with 7 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 Target (LIM:TGT), the current E10 is $0.00 as of Jul. 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 Target (LIM:TGT) Overvalued in 2026?

Based on GuruFocus' analysis, Target stock appears to be overvalued. The current stock price of $147.00 is trading 21.4% above its estimated GF Value™ of $121.09. GuruFocus considers Target to be Modestly Overvalued.

Key valuation signals for LIM:TGT:

  • E10: $0.00
  • GF Value™: $121.09 vs. price of $147.00 (21.4% above fair value)
  • GF Score™: 64/100 with 7 warning signs

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


Target Business Description

Address 1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target's start dates back to 1962, but now it is one of the largest discount retailers in the United States (where it derives all of its sales), operating just under 2,000 stores and generating over $104 billion in fiscal 2025 sales. The company offers a broad assortment of merchandise across categories including apparel and accessories (16% of fiscal 2025 revenue), beauty and household essentials (30%), food and beverage (24%), hardlines (15%), as well as home furnishings (15%). Target's model is anchored in its physical store base, which fulfills more than 97% of sales. Around 30% of sales are derived from its own private-label brands.
64GF Score

Get the complete analysis for LIM:TGT

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

$147.00
Price
$121.09
GF Value