Franklin Templeton (MIL:1BEN) E10: €2.19 (As of Jun. 2026)

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MIL:1BEN Franklin Templeton Inc MIL:1BEN
51 GF Score
Price €28.88
GF Value €18.28
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Franklin Templeton E10?

Franklin Templeton MIL:1BEN 51 E10 is €2.19 as of Jun. 2026. GuruFocus rates MIL:1BEN with a GF Score™ of 51/100 and a GF Value™ of €18.28 (Significantly Overvalued). The stock has 9 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.

Franklin Templeton's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.267. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.19 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Franklin Templeton's average E10 Growth Rate was -5.00% per year. During the past 3 years, the average E10 Growth Rate was -8.40% per year. During the past 5 years, the average E10 Growth Rate was -3.40% 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 Franklin Templeton was 16.30% per year. The lowest was -8.40% per year. And the median was 10.10% per year.

As of today (2026-09-17), Franklin Templeton's current stock price is €28.88. Franklin Templeton's E10 for the quarter that ended in Jun. 2026 was €2.19. Franklin Templeton's Shiller PE Ratio of today is 13.20.

During the past 13 years, the highest Shiller PE Ratio of Franklin Templeton was 16.44. The lowest was 5.12. And the median was 9.32.


Franklin Templeton  (MIL:1BEN) 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.

Franklin Templeton's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.88/2.188
=13.20

* 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 Franklin Templeton was 16.44. The lowest was 5.12. And the median was 9.32.


Be Aware

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


Franklin Templeton E10 Related Terms


Franklin Templeton E10 Historical Data

* Premium members only.

The historical data trend for Franklin Templeton'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.

Franklin Templeton E10 Chart

Franklin Templeton Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 2.78 2.71 2.49 2.25

Franklin Templeton 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 2.32 2.28 2.22 2.23 2.19

MIL:1BEN vs CG, PS, CRBG: E10 Comparison

For the Asset Management subindustry, Franklin Templeton'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.


Franklin Templeton Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Templeton's Shiller PE Ratio distribution charts can be found below:

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


MIL:1BEN
51GF Score
Franklin Templeton Inc MIL:1BEN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin Templeton 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, Franklin Templeton'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)
=0.2673/333.9520*333.9520
=0.267

Current CPI (Jun. 2026) = 333.9520.

Franklin Templeton Quarterly Data

per share eps CPI Adj_EPS
201609 0.735 241.428 1.016
201612 0.714 241.432 0.988
201703 0.694 243.801 0.951
201706 0.663 244.955 0.904
201709 0.648 246.819 0.876
201712 -0.900 246.524 -1.220
201803 0.635 249.554 0.849
201806 0.630 251.989 0.834
201809 0.825 252.439 1.092
201812 0.473 251.233 0.629
201903 0.634 254.202 0.833
201906 0.427 256.143 0.557
201909 0.549 256.759 0.714
201912 0.632 256.974 0.821
202003 0.143 258.115 0.185
202006 0.530 257.797 0.686
202009 0.128 260.280 0.164
202012 0.564 260.474 0.723
202103 0.617 264.877 0.778
202106 0.710 271.696 0.873
202109 1.106 274.310 1.347
202112 0.774 278.802 0.927
202203 0.608 287.504 0.706
202206 0.472 296.311 0.532
202209 0.456 296.808 0.513
202212 0.316 296.797 0.356
202303 0.351 301.836 0.389
202306 0.406 305.109 0.445
202309 0.534 307.789 0.579
202312 0.461 306.746 0.501
202403 0.208 312.332 0.222
202406 0.299 314.175 0.318
202409 -0.165 315.301 -0.175
202412 0.268 315.605 0.284
202503 0.251 319.799 0.262
202506 0.135 322.561 0.140
202509 0.178 324.800 0.183
202512 0.397 324.054 0.409
202603 0.416 330.213 0.420
202606 0.267 333.952 0.267

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 €2.19 mean?
Franklin Templeton (MIL:1BEN) has a E10 of €2.19 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Franklin Templeton and its competitors.
Is Franklin Templeton's E10 too high?
Franklin Templeton's current E10 is €2.19. Overall, Franklin Templeton has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Franklin Templeton's E10 compare to CG and PS?
Franklin Templeton's E10 of €2.19 can be compared against companies in the Asset Management 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 an Asset Management company?
A good E10 depends on the Asset Management 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 Franklin Templeton and its competitors. Franklin Templeton's current E10 is €2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Templeton stock overvalued right now?
Based on GuruFocus' analysis, Franklin Templeton (MIL:1BEN) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.28, compared to a current price of €28.88 — trading 58% above its estimated fair value. The current E10 is €2.19. Franklin Templeton's overall GF Score™ is 51/100 with 9 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 Franklin Templeton (MIL:1BEN), the current E10 is €2.19 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 Franklin Templeton (MIL:1BEN) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Templeton stock appears to be overvalued. The current stock price of €28.88 is trading 58% above its estimated GF Value™ of €18.28. GuruFocus considers Franklin Templeton to be Significantly Overvalued.

Key valuation signals for MIL:1BEN:

  • E10: €2.19
  • GF Value™: €18.28 vs. price of €28.88 (58% above fair value)
  • GF Score™: 51/100 with 9 warning signs

No single metric tells the full story. See the MIL:1BEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franklin Templeton Business Description

Other Exchanges BEN:USA0RT6:UKFRK:Germany
Address One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of May 2026, Franklin had $1.780 trillion in managed assets, composed primarily of equity (40%), fixed-income (26%), multi-asset/balanced (12%) funds, alternatives (17%), and money market funds (5%). Distribution tends to be weighted between retail investors (57% of assets under management) and institutional accounts (40%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its AUM invested in global/international strategies and 29% sourced from clients domiciled outside the United States.
51GF Score

Get the complete analysis for MIL:1BEN

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

€28.88
Price
€18.28
GF Value