Vonovia SE (MEX:VNAN) E10: MXN68.52 (As of Jun. 2026)

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MEX:VNAN Vonovia SE MEX:VNAN
59 GF Score
Price MXN621.61
GF Value MXN749.50
! 6 Warning Signs
View Full Analysis

What is Vonovia SE E10?

Vonovia SE MEX:VNAN 59 E10 is MXN68.52 as of Jun. 2026. GuruFocus rates MEX:VNAN with a GF Score™ of 59/100 and a GF Value™ of MXN749.50. The stock has 6 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.

Vonovia SE's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN16.283. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN68.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Vonovia SE's average E10 Growth Rate was 11.70% per year. During the past 3 years, the average E10 Growth Rate was -9.70% per year. During the past 5 years, the average E10 Growth Rate was -6.10% 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 Vonovia SE was -5.40% per year. The lowest was -11.90% per year. And the median was -9.70% per year.

As of today (2026-09-15), Vonovia SE's current stock price is MXN621.61. Vonovia SE's E10 for the quarter that ended in Jun. 2026 was MXN68.52. Vonovia SE's Shiller PE Ratio of today is 9.07.

During the past 13 years, the highest Shiller PE Ratio of Vonovia SE was 19.24. The lowest was 5.40. And the median was 12.55.


Vonovia SE  (MEX:VNAN) 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.

Vonovia SE's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=621.61/68.52
=9.07

* 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 Vonovia SE was 19.24. The lowest was 5.40. And the median was 12.55.


Be Aware

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


Vonovia SE E10 Related Terms


Vonovia SE E10 Historical Data

* Premium members only.

The historical data trend for Vonovia SE'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.

Vonovia SE E10 Chart

Vonovia SE 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 60.40 42.25 40.50 57.25

Vonovia SE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 45.73 56.19 57.25 66.60 68.52

MEX:VNAN vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Vonovia SE'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.


Vonovia SE Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vonovia SE's Shiller PE Ratio distribution charts can be found below:

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


MEX:VNAN
59GF Score
Vonovia SE MEX:VNAN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vonovia SE 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, Vonovia SE's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=16.283/131.3638*131.3638
=16.283

Current CPI (Jun. 2026) = 131.3638.

Vonovia SE Quarterly Data

per share eps CPI Adj_EPS
201609 2.581 101.017 3.356
201612 78.456 101.217 101.824
201703 3.992 101.417 5.171
201706 30.113 102.117 38.738
201709 4.459 102.717 5.703
201712 49.755 102.617 63.693
201803 4.263 102.917 5.441
201806 37.310 104.017 47.119
201809 6.576 104.718 8.249
201812 32.588 104.217 41.076
201903 6.256 104.217 7.886
201906 -2.753 105.718 -3.421
201909 -2.241 106.018 -2.777
201912 34.891 105.818 43.314
202003 7.395 105.718 9.189
202006 51.729 106.618 63.735
202009 9.696 105.818 12.037
202012 48.677 105.518 60.600
202103 8.027 107.518 9.807
202106 92.977 108.486 112.584
202109 46.169 109.435 55.421
202112 -28.804 110.384 -34.279
202203 1.744 113.968 2.010
202206 49.338 115.760 55.988
202209 8.365 118.818 9.248
202212 -70.531 119.345 -77.634
202303 -47.668 122.402 -51.158
202306 -43.463 123.140 -46.365
202309 8.180 124.195 8.652
202312 -63.491 123.773 -67.385
202403 6.855 125.038 7.202
202406 -18.734 125.882 -19.550
202409 -1.967 126.198 -2.048
202412 -9.172 127.041 -9.484
202503 13.270 127.779 13.642
202506 8.253 128.412 8.443
202509 60.286 129.255 61.269
202512 11.174 129.361 11.347
202603 5.212 131.258 5.216
202606 16.283 131.364 16.283

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 MXN68.52 mean?
Vonovia SE (MEX:VNAN) has a E10 of MXN68.52 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vonovia SE and its competitors.
Is Vonovia SE's E10 too high?
Vonovia SE's current E10 is MXN68.52. Overall, Vonovia SE has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Vonovia SE's E10 compare to CBRE and BEKE?
Vonovia SE's E10 of MXN68.52 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Vonovia SE and its competitors. Vonovia SE's current E10 is MXN68.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vonovia SE stock overvalued right now?
Vonovia SE (MEX:VNAN) has a current E10 of MXN68.52. The stock's GF Value™ is MXN749.50, compared to a current price of MXN621.61 — trading 17.1% below its estimated fair value. The current E10 is MXN68.52. Vonovia SE's overall GF Score™ is 59/100 with 6 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 Vonovia SE (MEX:VNAN), the current E10 is MXN68.52 as of Jun. 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 Vonovia SE (MEX:VNAN) Overvalued in 2026?

Based on GuruFocus' analysis, Vonovia SE stock appears to be undervalued. The current stock price of MXN621.61 is trading 17.1% below its estimated GF Value™ of MXN749.50.

Key valuation signals for MEX:VNAN:

  • E10: MXN68.52
  • GF Value™: MXN749.50 vs. price of MXN621.61 (17.1% below fair value)
  • GF Score™: 59/100 with 6 warning signs

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


Vonovia SE Business Description

Address Universitatsstrasse 133, Bochum, DEU, 44803
Vonovia SE is a residential real estate company based out of Germany. It owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. The company manages its operations through four business segments; Rental, Value-add, Recurring Sales, and Development. Maximum revenue is generated from the Rental segment, which combines all of the business activities that are aimed at the value-enhancing management of its residential real estate. It includes the company's property management activities in Germany, Austria, and Sweden.
59GF Score

Get the complete analysis for MEX:VNAN

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

MXN621.61
Price
MXN749.50
GF Value