NVR (MIL:1NVR) E10: €386.71 (As of Mar. 2026)


MIL:1NVR NVR Inc MIL:1NVR
88 GF Score
Price €5,515.00
GF Value €6,037.88
! 2 Warning Signs
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What is NVR E10?

NVR MIL:1NVR 88 E10 is €386.71 as of Mar. 2026. GuruFocus rates MIL:1NVR with a GF Score™ of 88/100 and a GF Value™ of €6,037.88. The stock has 2 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.

NVR's adjusted earnings per share data for the three months ended in Mar. 2026 was €58.612. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €386.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NVR's average E10 Growth Rate was 12.00% per year. During the past 3 years, the average E10 Growth Rate was 17.80% per year. During the past 5 years, the average E10 Growth Rate was 24.10% per year. During the past 10 years, the average E10 Growth Rate was 23.60% 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 NVR was 40.20% per year. The lowest was -1.60% per year. And the median was 15.35% per year.

As of today (2026-06-27), NVR's current stock price is €5515.00. NVR's E10 for the quarter that ended in Mar. 2026 was €386.71. NVR's Shiller PE Ratio of today is 14.26.

During the past 13 years, the highest Shiller PE Ratio of NVR was 60.83. The lowest was 15.39. And the median was 31.77.


NVR  (MIL:1NVR) 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.

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

Shiller PE Ratio=Share Price/E10
=5515.00/386.71
=14.26

* 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 NVR was 60.83. The lowest was 15.39. And the median was 31.77.


Be Aware

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


NVR E10 Related Terms


NVR E10 Historical Data

* Premium members only.

The historical data trend for NVR'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.

NVR E10 Chart

NVR 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 0.00 338.57

NVR 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 0.00 0.00 301.17 338.57 386.71

MIL:1NVR vs TOL, LEN, PHM: E10 Comparison

For the Residential Construction subindustry, NVR'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.


NVR Shiller PE Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, NVR's Shiller PE Ratio distribution charts can be found below:

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


MIL:1NVR
88GF Score
NVR Inc MIL:1NVR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NVR 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, NVR'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)
=58.612/330.2130*330.2130
=58.612

Current CPI (Mar. 2026) = 330.2130.

NVR Quarterly Data

per share eps CPI Adj_EPS
201606 19.589 241.018 26.838
201609 25.358 241.428 34.683
201612 35.834 241.432 49.011
201703 23.487 243.801 31.812
201706 31.319 244.955 42.220
201709 31.899 246.819 42.677
201712 24.404 246.524 32.689
201803 31.905 249.554 42.217
201806 41.987 251.989 55.021
201809 41.376 252.439 54.124
201812 51.483 251.233 67.668
201903 42.161 254.202 54.768
201906 46.985 256.143 60.572
201909 50.948 256.759 65.523
201912 57.969 256.974 74.490
202003 40.689 258.115 52.054
202006 37.740 257.797 48.341
202009 55.278 260.280 70.130
202012 63.236 260.474 80.167
202103 53.096 264.877 66.193
202106 68.434 271.696 83.173
202109 73.474 274.310 88.448
202112 78.845 278.802 93.384
202203 105.836 287.504 121.558
202206 116.973 296.311 130.356
202209 119.695 296.808 133.166
202212 125.967 296.797 140.149
202303 93.297 301.836 102.068
202306 107.566 305.109 116.416
202309 117.369 307.789 125.920
202312 111.471 306.746 119.999
202403 107.097 312.332 113.228
202406 112.121 314.175 117.845
202409 117.581 315.301 123.142
202412 133.633 315.605 139.818
202503 87.718 319.799 90.574
202506 94.104 322.561 96.336
202509 95.705 324.800 97.300
202512 103.795 324.054 105.768
202603 58.612 330.213 58.612

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 €386.71 mean?
NVR (MIL:1NVR) has a E10 of €386.71 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NVR and its competitors.
Is NVR's E10 too high?
NVR's current E10 is €386.71. Overall, NVR has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does NVR's E10 compare to TOL and LEN?
NVR's E10 of €386.71 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good E10 depends on the Homebuilding & Construction 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 NVR and its competitors. NVR's current E10 is €386.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NVR stock overvalued right now?
NVR (MIL:1NVR) has a current E10 of €386.71. The stock's GF Value™ is €6,037.88, compared to a current price of €5,515.00 — trading 8.7% below its estimated fair value. The current E10 is €386.71. NVR's overall GF Score™ is 88/100 with 2 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 NVR (MIL:1NVR), the current E10 is €386.71 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 NVR (MIL:1NVR) Overvalued in 2026?

Based on GuruFocus' analysis, NVR stock appears to be undervalued. The current stock price of €5,515.00 is trading 8.7% below its estimated GF Value™ of €6,037.88.

Key valuation signals for MIL:1NVR:

  • E10: €386.71
  • GF Value™: €6,037.88 vs. price of €5,515.00 (8.7% below fair value)
  • GF Score™: 88/100 with 2 warning signs

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


NVR Business Description

Other Exchanges NVR:USAN1VR34:Brazil
Address 11700 Plaza America Drive, Suite 500, Reston, VA, USA, 20190
NVR Inc is engaged in the construction and sale of residential properties, including single-family detached homes, townhomes, and condominium buildings, all of which are built on a pre-sold basis. Additionally, the company provides related services through its mortgage banking and title services businesses. Its business segments are Homebuilding and Mortgage Banking. Its geographical segments include the Mid Atlantic, the North East, the Mid East, and the South East regions of America. The majority of the company's revenue is derived from the Homebuilding Mid Atlantic segment, which includes homebuilding operations that construct and sell single-family detached homes, townhomes and condominiums in Maryland, Virginia, West Virginia, Delaware and Washington, D.C. regions.
88GF Score

Get the complete analysis for MIL:1NVR

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

€5,515.00
Price
€6,037.88
GF Value