Uniper SE (MIL:1UN) E10: €-314.54 (As of Mar. 2026)


MIL:1UN Uniper SE MIL:1UN
53 GF Score
Price €46.80
GF Value €31.91
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Uniper SE E10?

Uniper SE MIL:1UN 53 E10 is €-314.54 as of Mar. 2026. GuruFocus rates MIL:1UN with a GF Score™ of 53/100 and a GF Value™ of €31.91 (Significantly Overvalued). The stock has 4 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.

Uniper SE's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-314.54 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-28), Uniper SE's current stock price is €46.80. Uniper SE's E10 for the quarter that ended in Mar. 2026 was €-314.54. Uniper SE's Shiller PE Ratio of today is .


Uniper SE  (MIL:1UN) 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.


Be Aware

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


Uniper SE E10 Related Terms


Uniper SE E10 Historical Data

* Premium members only.

The historical data trend for Uniper 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.

Uniper SE E10 Chart

Uniper 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 0.00 0.00 -342.13 -317.35

Uniper SE 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 -318.06 -326.09 -287.52 -317.35 -314.54

MIL:1UN vs ATO, NI, UGI: E10 Comparison

For the Utilities - Regulated Gas subindustry, Uniper 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.


Uniper SE Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Uniper SE's Shiller PE Ratio distribution charts can be found below:

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


MIL:1UN
53GF Score
Uniper SE MIL:1UN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Uniper 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, Uniper SE'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)
=0.8/131.2583*131.2583
=0.800

Current CPI (Mar. 2026) = 131.2583.

Uniper SE Quarterly Data

per share eps CPI Adj_EPS
201606 -247.185 100.717 -322.142
201609 -19.800 101.017 -25.728
201612 55.400 101.217 71.843
201703 40.000 101.417 51.770
201706 12.800 102.117 16.453
201709 -15.600 102.717 -19.935
201712 -73.200 102.617 -93.631
201803 6.200 102.917 7.907
201806 -36.000 104.017 -45.428
201809 -0.200 104.718 -0.251
201812 8.000 104.217 10.076
201903 40.200 104.217 50.631
201906 7.800 105.718 9.684
201909 3.000 106.018 3.714
201912 -17.600 105.818 -21.831
202003 26.600 105.718 33.026
202006 8.400 106.618 10.341
202009 -13.800 105.818 -17.118
202012 0.400 105.518 0.498
202103 44.800 107.518 54.692
202106 -48.400 108.486 -58.560
202109 -260.200 109.435 -312.089
202112 36.200 110.384 43.046
202203 -169.400 113.968 -195.100
202206 -505.200 115.760 -572.836
202209 -1,528.200 118.818 -1,688.206
202212 51.163 119.345 56.270
202303 16.180 122.402 17.351
202306 6.470 123.140 6.897
202309 0.820 124.195 0.867
202312 -8.320 123.773 -8.823
202403 1.110 125.038 1.165
202406 1.000 125.882 1.043
202409 -0.190 126.198 -0.198
202412 -1.210 127.041 -1.250
202503 0.200 127.779 0.205
202506 0.420 128.412 0.429
202509 0.720 129.255 0.731
202512 2.000 129.361 2.029
202603 0.800 131.258 0.800

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 €-314.54 mean?
Uniper SE (MIL:1UN) has a E10 of €-314.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Uniper SE and its competitors.
Is Uniper SE's E10 too high?
Uniper SE's current E10 is €-314.54. Overall, Uniper SE has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Uniper SE's E10 compare to ATO and NI?
Uniper SE's E10 of €-314.54 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Uniper SE and its competitors. Uniper SE's current E10 is €-314.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uniper SE stock overvalued right now?
Based on GuruFocus' analysis, Uniper SE (MIL:1UN) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.91, compared to a current price of €46.80 — trading 46.7% above its estimated fair value. The current E10 is €-314.54. Uniper SE's overall GF Score™ is 53/100 with 4 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 Uniper SE (MIL:1UN), the current E10 is €-314.54 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 Uniper SE (MIL:1UN) Overvalued in 2026?

Based on GuruFocus' analysis, Uniper SE stock appears to be overvalued. The current stock price of €46.80 is trading 46.7% above its estimated GF Value™ of €31.91. GuruFocus considers Uniper SE to be Significantly Overvalued.

Key valuation signals for MIL:1UN:

  • E10: €-314.54
  • GF Value™: €31.91 vs. price of €46.80 (46.7% above fair value)
  • GF Score™: 53/100 with 4 warning signs

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


Uniper SE Business Description

Address Holzstrasse 6, Dusseldorf, DEU, 40221
Uniper SE is a Germany-based energy generation and energy trading company. The firm operates through three segments: Flexible Generation, Greener commodities, and Green Generation. The Green Generation segment comprises emission-free power generation plants that the Uniper Group operates in Europe. The Flexible Generation segment comprises the power and heat generation plants that the Uniper Group operates in Europe to flexibly meet grid operators' requirements. The Greener Commodities segment bundles the energy trading and optimization activities and forms the commercial interface between the Uniper Group and the globally traded markets for energy and the major customers. The majority of revenue is derived from the Greener Commodities segment.
53GF Score

Get the complete analysis for MIL:1UN

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

€46.80
Price
€31.91
GF Value