The Home Depot (MIL:1HD) E10: €12.19 (As of Apr. 2026)


MIL:1HD The Home Depot Inc MIL:1HD
22 GF Score
Price €303.50
GF Value €335.43
Valuation Modestly Undervalued
! 3 Warning Signs
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What is The Home Depot E10?

The Home Depot MIL:1HD +5.84% 22 E10 is €12.19 as of Apr. 2026. GuruFocus rates MIL:1HD with a GF Score™ of 22/100 and a GF Value™ of €335.43 (Modestly Undervalued). 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.

The Home Depot's adjusted earnings per share data for the three months ended in Apr. 2026 was €2.821. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €12.19 for the trailing ten years ended in Apr. 2026.

During the past 12 months, The Home Depot's average E10 Growth Rate was 8.60% per year. During the past 3 years, the average E10 Growth Rate was 10.20% per year. During the past 5 years, the average E10 Growth Rate was 15.20% per year. During the past 10 years, the average E10 Growth Rate was 17.90% 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 The Home Depot was 27.60% per year. The lowest was 3.40% per year. And the median was 18.20% per year.

As of today (2026-06-26), The Home Depot's current stock price is €303.50. The Home Depot's E10 for the quarter that ended in Apr. 2026 was €12.19. The Home Depot's Shiller PE Ratio of today is 24.90.

During the past 13 years, the highest Shiller PE Ratio of The Home Depot was 53.27. The lowest was 20.38. And the median was 38.22.


The Home Depot  (MIL:1HD) 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.

The Home Depot's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=303.50/12.19
=24.90

* 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 The Home Depot was 53.27. The lowest was 20.38. And the median was 38.22.


Be Aware

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


The Home Depot E10 Related Terms


The Home Depot E10 Historical Data

* Premium members only.

The historical data trend for The Home Depot'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.

The Home Depot E10 Chart

The Home Depot 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 0.00 0.00 11.11 12.73 11.79

The Home Depot Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 11.72 12.27 12.18 11.79 12.19

MIL:1HD vs LOW, FND, HVT: E10 Comparison

For the Home Improvement Retail subindustry, The Home Depot'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.


The Home Depot Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's Shiller PE Ratio distribution charts can be found below:

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


MIL:1HD
22GF Score
The Home Depot Inc MIL:1HD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Home Depot 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, The Home Depot's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.821/333.0200*333.0200
=2.821

Current CPI (Apr. 2026) = 333.0200.

The Home Depot Quarterly Data

per share eps CPI Adj_EPS
201607 1.783 240.628 2.468
201610 1.453 241.729 2.002
201701 1.354 242.839 1.857
201704 1.558 244.524 2.122
201707 1.951 244.786 2.654
201710 1.566 246.663 2.114
201801 1.246 247.867 1.674
201804 1.695 250.546 2.253
201807 2.611 252.006 3.450
201810 2.184 252.885 2.876
201901 1.831 251.712 2.422
201904 2.020 255.548 2.632
201907 2.828 256.571 3.671
201910 2.287 257.346 2.960
202001 2.054 257.971 2.652
202004 1.914 256.389 2.486
202007 3.497 259.101 4.495
202010 2.703 260.388 3.457
202101 2.176 261.582 2.770
202104 3.227 267.054 4.024
202107 3.832 273.003 4.674
202110 3.379 276.589 4.068
202201 2.838 281.148 3.362
202204 3.787 289.109 4.362
202207 4.964 296.276 5.580
202210 4.304 298.012 4.810
202301 3.062 299.170 3.408
202304 3.484 303.363 3.825
202307 4.204 305.691 4.580
202310 3.608 307.671 3.905
202401 2.589 308.417 2.796
202404 3.383 313.548 3.593
202407 4.241 314.540 4.490
202410 3.369 315.664 3.554
202501 2.917 317.671 3.058
202504 3.071 320.795 3.188
202507 3.925 323.048 4.046
202510 3.110 0.000
202601 2.196 325.252 2.248
202604 2.821 333.020 2.821

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 €12.19 mean?
The Home Depot (MIL:1HD) has a E10 of €12.19 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on The Home Depot and its competitors.
Is The Home Depot's E10 too high?
The Home Depot's current E10 is €12.19. Overall, The Home Depot has a GF Score™ of 22/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Home Depot's E10 compare to LOW and FND?
The Home Depot's E10 of €12.19 can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 The Home Depot and its competitors. The Home Depot's current E10 is €12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Home Depot stock overvalued right now?
Based on GuruFocus' analysis, The Home Depot (MIL:1HD) is currently considered Modestly Undervalued. The stock's GF Value™ is €335.43, compared to a current price of €303.50 — trading 9.5% below its estimated fair value. The current E10 is €12.19. The Home Depot's overall GF Score™ is 22/100 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 The Home Depot (MIL:1HD), the current E10 is €12.19 as of Apr. 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 The Home Depot (MIL:1HD) Overvalued in 2026?

Based on GuruFocus' analysis, The Home Depot stock appears to be undervalued. The current stock price of €303.50 is trading 9.5% below its estimated GF Value™ of €335.43. GuruFocus considers The Home Depot to be Modestly Undervalued.

Key valuation signals for MIL:1HD:

  • E10: €12.19
  • GF Value™: €335.43 vs. price of €303.50 (9.5% below fair value)
  • GF Score™: 22/100 with 3 warning signs

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


The Home Depot Business Description

Address 2455 Paces Ferry Road, Atlanta, GA, USA, 30339
Home Depot is the world's largest home improvement specialty retailer, operating 2,361 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The 2024 tie-up with SRS will help grow professional demand in roofing, pool, and landscaping projects, while the 2025 purchase of GMS will lift building product sales through 1,250 distribution locations.
22GF Score

Get the complete analysis for MIL:1HD

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

€303.50
Price
€335.43
GF Value