ProCredit Holding AG (LTS:0RL9) E10: €1.30 (As of Mar. 2026)


LTS:0RL9 ProCredit Holding AG LTS:0RL9
64 GF Score
Price €8.21
GF Value €8.99
Valuation Fairly Valued
! 3 Warning Signs
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What is ProCredit Holding AG E10?

ProCredit Holding AG LTS:0RL9 +0.86% 64 E10 is €1.30 as of Mar. 2026. GuruFocus rates LTS:0RL9 with a GF Score™ of 64/100 and a GF Value™ of €8.99 (Fairly Valued). The stock has 3 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.

ProCredit Holding AG's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ProCredit Holding AG's average E10 Growth Rate was 3.20% 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.

As of today (2026-06-29), ProCredit Holding AG's current stock price is €8.21. ProCredit Holding AG's E10 for the quarter that ended in Mar. 2026 was €1.30. ProCredit Holding AG's Shiller PE Ratio of today is 6.32.

During the past 13 years, the highest Shiller PE Ratio of ProCredit Holding AG was 8.67. The lowest was 5.67. And the median was 6.74.


ProCredit Holding AG  (LTS:0RL9) 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.

ProCredit Holding AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.21/1.30
=6.32

* 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 ProCredit Holding AG was 8.67. The lowest was 5.67. And the median was 6.74.


Be Aware

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


ProCredit Holding AG E10 Related Terms


ProCredit Holding AG E10 Historical Data

* Premium members only.

The historical data trend for ProCredit Holding AG'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.

ProCredit Holding AG E10 Chart

ProCredit Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.25 1.27

ProCredit Holding AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.27 1.27 1.24 1.27 1.30

LTS:0RL9 vs JPM, BAC, WFC: E10 Comparison

For the Banks - Diversified subindustry, ProCredit Holding AG'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.


ProCredit Holding AG Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, ProCredit Holding AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ProCredit Holding AG's Shiller PE Ratio falls into.


LTS:0RL9
64GF Score
ProCredit Holding AG LTS:0RL9
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ProCredit Holding AG 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, ProCredit Holding AG's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.37/131.2583*131.2583
=0.370

Current CPI (Mar. 2026) = 131.2583.

ProCredit Holding AG Quarterly Data

per share eps CPI Adj_EPS
201606 0.335 100.717 0.437
201609 0.108 101.017 0.140
201612 0.468 101.217 0.607
201703 0.210 101.417 0.272
201706 0.210 102.117 0.270
201709 0.230 102.717 0.294
201712 0.210 102.617 0.269
201803 0.240 102.917 0.306
201806 0.200 104.017 0.252
201809 0.230 104.718 0.288
201812 0.230 104.217 0.290
201903 0.180 104.217 0.227
201906 0.190 105.718 0.236
201909 0.350 106.018 0.433
201912 0.170 105.818 0.211
202003 0.230 105.718 0.286
202006 0.140 106.618 0.172
202009 0.200 105.818 0.248
202012 0.130 105.518 0.162
202103 0.270 107.518 0.330
202106 0.350 108.486 0.423
202109 0.430 109.435 0.516
202112 0.300 110.384 0.357
202203 -0.030 113.968 -0.035
202206 0.160 115.760 0.181
202209 0.160 118.818 0.177
202212 -0.014 119.345 -0.015
202303 0.500 122.402 0.536
202306 0.590 123.140 0.629
202309 0.510 124.195 0.539
202312 0.320 123.773 0.339
202403 0.570 125.038 0.598
202406 0.410 125.882 0.428
202409 0.460 126.198 0.478
202412 0.330 127.041 0.341
202503 0.430 127.779 0.442
202506 0.370 128.412 0.378
202509 0.190 129.255 0.193
202512 0.430 129.361 0.436
202603 0.370 131.258 0.370

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 €1.30 mean?
ProCredit Holding AG (LTS:0RL9) has a E10 of €1.30 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ProCredit Holding AG and its competitors.
Is ProCredit Holding AG's E10 too high?
ProCredit Holding AG's current E10 is €1.30. Overall, ProCredit Holding AG has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ProCredit Holding AG's E10 compare to JPM and BAC?
ProCredit Holding AG's E10 of €1.30 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 ProCredit Holding AG and its competitors. ProCredit Holding AG's current E10 is €1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProCredit Holding AG stock overvalued right now?
Based on GuruFocus' analysis, ProCredit Holding AG (LTS:0RL9) is currently considered Fairly Valued. The stock's GF Value™ is €8.99, compared to a current price of €8.21 — trading 8.7% below its estimated fair value. The current E10 is €1.30. ProCredit Holding AG's overall GF Score™ is 64/100 with 3 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 ProCredit Holding AG (LTS:0RL9), the current E10 is €1.30 as of Mar. 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 ProCredit Holding AG (LTS:0RL9) Overvalued in 2026?

Based on GuruFocus' analysis, ProCredit Holding AG stock appears to be undervalued. The current stock price of €8.21 is trading 8.7% below its estimated GF Value™ of €8.99. GuruFocus considers ProCredit Holding AG to be Fairly Valued.

Key valuation signals for LTS:0RL9:

  • E10: €1.30
  • GF Value™: €8.99 vs. price of €8.21 (8.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the LTS:0RL9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ProCredit Holding AG Business Description

Address Rohmerplatz 33-37, Frankfurt, DEU, 60486
ProCredit Holding AG provides financial products and services. It performs general banking functions like accepting deposits, providing loans, current and savings accounts, and other banking services. The company's geographical segments are South-Eastern Europe, consisting of seven banks in the following countries: Albania, Bosnia and Herzegovina, Bulgaria (including branch operations in Greece), Kosovo, North Macedonia, Romania, and Serbia; Eastern Europe, with three banks located in the following countries, Georgia, Moldova, and Ukraine; South America, consisting of one bank in Ecuador; and Germany, consisting of the ProCredit Bank in Germany, ProCredit Holding, Quipu and the ProCredit Academy in Furth.
64GF Score

Get the complete analysis for LTS:0RL9

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

€8.21
Price
€8.99
GF Value