Repsol (MIL:1REP) E10: €1.26 (As of Mar. 2026)


MIL:1REP Repsol SA MIL:1REP
43 GF Score
Price €21.41
GF Value €14.24
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Repsol E10?

Repsol MIL:1REP +1.66% 43 E10 is €1.26 as of Mar. 2026. GuruFocus rates MIL:1REP with a GF Score™ of 43/100 and a GF Value™ of €14.24 (Significantly Overvalued). 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.

Repsol's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Repsol's average E10 Growth Rate was 51.80% per year. During the past 3 years, the average E10 Growth Rate was 38.40% per year. During the past 5 years, the average E10 Growth Rate was 37.00% per year. During the past 10 years, the average E10 Growth Rate was -7.00% 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 Repsol was 43.70% per year. The lowest was -40.70% per year. And the median was 6.30% per year.

As of today (2026-06-25), Repsol's current stock price is €21.41. Repsol's E10 for the quarter that ended in Mar. 2026 was €1.26. Repsol's Shiller PE Ratio of today is 16.99.

During the past 13 years, the highest Shiller PE Ratio of Repsol was 48.39. The lowest was 6.70. And the median was 14.08.


Repsol  (MIL:1REP) 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.

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

Shiller PE Ratio=Share Price/E10
=21.41/1.26
=16.99

* 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 Repsol was 48.39. The lowest was 6.70. And the median was 14.08.


Be Aware

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


Repsol E10 Related Terms


Repsol E10 Historical Data

* Premium members only.

The historical data trend for Repsol'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.

Repsol E10 Chart

Repsol 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 0.85 1.23

Repsol 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 0.83 0.84 0.90 1.23 1.26

MIL:1REP vs XOM, CVX: E10 Comparison

For the Oil & Gas Integrated subindustry, Repsol'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.


Repsol Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Repsol's Shiller PE Ratio distribution charts can be found below:

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


MIL:1REP
43GF Score
Repsol SA MIL:1REP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Repsol 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, Repsol'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)
=0.82/128.4016*128.4016
=0.820

Current CPI (Mar. 2026) = 128.4016.

Repsol Quarterly Data

per share eps CPI Adj_EPS
201606 0.130 100.333 0.166
201609 0.320 99.737 0.412
201612 0.380 101.842 0.479
201703 0.440 100.896 0.560
201706 0.230 101.848 0.290
201709 0.330 101.524 0.417
201712 0.310 102.975 0.387
201803 0.380 102.122 0.478
201806 0.570 104.165 0.703
201809 0.370 103.818 0.458
201812 0.070 104.193 0.086
201903 0.380 103.488 0.471
201906 0.340 104.612 0.417
201909 0.200 103.905 0.247
201912 -3.550 105.015 -4.341
202003 -0.310 103.469 -0.385
202006 -1.280 104.254 -1.576
202009 -0.070 103.521 -0.087
202012 -0.470 104.456 -0.578
202103 0.410 104.857 0.502
202106 0.390 107.102 0.468
202109 0.460 107.669 0.549
202112 0.370 111.298 0.427
202203 0.940 115.153 1.048
202206 0.800 118.044 0.870
202209 0.470 117.221 0.515
202212 1.220 117.650 1.331
202303 0.850 118.948 0.918
202306 0.230 120.278 0.246
202309 1.070 121.343 1.132
202312 1.380 121.300 1.461
202403 0.790 122.762 0.826
202406 0.540 124.409 0.557
202409 0.130 123.121 0.136
202412 0.100 124.753 0.103
202503 0.300 125.531 0.307
202506 0.200 127.251 0.202
202509 0.490 126.842 0.496
202512 1.120 128.402 1.120
202603 0.820 128.402 0.820

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 €1.26 mean?
Repsol (MIL:1REP) has a E10 of €1.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Repsol and its competitors.
Is Repsol's E10 too high?
Repsol's current E10 is €1.26. Overall, Repsol has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Repsol's E10 compare to XOM and CVX?
Repsol's E10 of €1.26 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Repsol and its competitors. Repsol's current E10 is €1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Repsol stock overvalued right now?
Based on GuruFocus' analysis, Repsol (MIL:1REP) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.24, compared to a current price of €21.41 — trading 50.4% above its estimated fair value. The current E10 is €1.26. Repsol's overall GF Score™ is 43/100 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 Repsol (MIL:1REP), the current E10 is €1.26 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 Repsol (MIL:1REP) Overvalued in 2026?

Based on GuruFocus' analysis, Repsol stock appears to be overvalued. The current stock price of €21.41 is trading 50.4% above its estimated GF Value™ of €14.24. GuruFocus considers Repsol to be Significantly Overvalued.

Key valuation signals for MIL:1REP:

  • E10: €1.26
  • GF Value™: €14.24 vs. price of €21.41 (50.4% above fair value)
  • GF Score™: 43/100 with 2 warning signs

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


Repsol Business Description

Industry EnergyOil & Gas
Address Calle Mendez Alvaro, 44, Madrid, ESP, 28045
Repsol is a Spanish integrated oil and gas firm. In 2025, production was 548,000 barrels of oil equivalent a day (34% liquids), and proven reserves stood at 1.75 billion barrels of oil equivalent (36% oil). It also operates a downstream segment with refining capacity of 1.0 million barrels a day and holds 6 GW of installed renewable power generation capacity.
43GF Score

Get the complete analysis for MIL:1REP

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

€21.41
Price
€14.24
GF Value