WR Berkley (MIL:1WRB) E10: €2.59 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1WRB WR Berkley Corp MIL:1WRB
55 GF Score
Price €62.10
GF Value €58.04
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is WR Berkley E10?

WR Berkley MIL:1WRB 55 E10 is €2.59 as of Mar. 2026. GuruFocus rates MIL:1WRB with a GF Score™ of 55/100 and a GF Value™ of €58.04 (Fairly Valued). 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.

WR Berkley's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.133. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.59 for the trailing ten years ended in Mar. 2026.

During the past 12 months, WR Berkley's average E10 Growth Rate was 15.60% per year. During the past 3 years, the average E10 Growth Rate was 14.30% per year. During the past 5 years, the average E10 Growth Rate was 15.90% per year. During the past 10 years, the average E10 Growth Rate was 11.30% 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 WR Berkley was 44.20% per year. The lowest was -14.90% per year. And the median was 11.70% per year.

As of today (2026-07-14), WR Berkley's current stock price is €62.10. WR Berkley's E10 for the quarter that ended in Mar. 2026 was €2.59. WR Berkley's Shiller PE Ratio of today is 23.98.

During the past 13 years, the highest Shiller PE Ratio of WR Berkley was 29.18. The lowest was 15.76. And the median was 22.76.


WR Berkley  (MIL:1WRB) 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.

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

Shiller PE Ratio=Share Price/E10
=62.10/2.59
=23.98

* 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 WR Berkley was 29.18. The lowest was 15.76. And the median was 22.76.


Be Aware

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


WR Berkley E10 Related Terms


WR Berkley E10 Historical Data

* Premium members only.

The historical data trend for WR Berkley'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.

WR Berkley E10 Chart

WR Berkley 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 2.60

WR Berkley 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 2.27 2.20 2.60 2.59

MIL:1WRB vs CINF, MKL, L: E10 Comparison

For the Insurance - Property & Casualty subindustry, WR Berkley'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.


WR Berkley Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, WR Berkley's Shiller PE Ratio distribution charts can be found below:

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


MIL:1WRB
55GF Score
WR Berkley Corp MIL:1WRB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WR Berkley 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, WR Berkley'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)
=1.133/330.2130*330.2130
=1.133

Current CPI (Mar. 2026) = 330.2130.

WR Berkley Quarterly Data

per share eps CPI Adj_EPS
201606 0.224 241.018 0.307
201609 0.454 241.428 0.621
201612 0.337 241.432 0.461
201703 0.266 243.801 0.360
201706 0.224 244.955 0.302
201709 0.313 246.819 0.419
201712 0.303 246.524 0.406
201803 0.314 249.554 0.415
201806 0.354 251.989 0.464
201809 0.320 252.439 0.419
201812 0.268 251.233 0.352
201903 0.374 254.202 0.486
201906 0.441 256.143 0.569
201909 0.343 256.759 0.441
201912 0.248 256.974 0.319
202003 -0.008 258.115 -0.010
202006 0.150 257.797 0.192
202009 0.306 260.280 0.388
202012 0.610 260.474 0.773
202103 0.459 264.877 0.572
202106 0.470 271.696 0.571
202109 0.527 274.310 0.634
202112 0.625 278.802 0.740
202203 1.283 287.504 1.474
202206 0.404 296.311 0.450
202209 0.552 296.808 0.614
202212 0.862 296.797 0.959
202303 0.660 301.836 0.722
202306 0.803 305.109 0.869
202309 0.768 307.789 0.824
202312 0.899 306.746 0.968
202403 1.003 312.332 1.060
202406 0.855 314.175 0.899
202409 0.820 315.301 0.859
202412 1.375 315.605 1.439
202503 0.962 319.799 0.993
202506 0.867 322.561 0.888
202509 1.091 324.800 1.109
202512 0.965 324.054 0.983
202603 1.133 330.213 1.133

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 €2.59 mean?
WR Berkley (MIL:1WRB) has a E10 of €2.59 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on WR Berkley and its competitors.
Is WR Berkley's E10 too high?
WR Berkley's current E10 is €2.59. Overall, WR Berkley has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WR Berkley's E10 compare to CINF and MKL?
WR Berkley's E10 of €2.59 can be compared against companies in the Insurance 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 Insurance company?
A good E10 depends on the Insurance 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 WR Berkley and its competitors. WR Berkley's current E10 is €2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WR Berkley stock overvalued right now?
Based on GuruFocus' analysis, WR Berkley (MIL:1WRB) is currently considered Fairly Valued. The stock's GF Value™ is €58.04, compared to a current price of €62.10 — trading 7% above its estimated fair value. The current E10 is €2.59. WR Berkley's overall GF Score™ is 55/100 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 WR Berkley (MIL:1WRB), the current E10 is €2.59 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 WR Berkley (MIL:1WRB) Overvalued in 2026?

Based on GuruFocus' analysis, WR Berkley stock appears to be overvalued. The current stock price of €62.10 is trading 7% above its estimated GF Value™ of €58.04. GuruFocus considers WR Berkley to be Fairly Valued.

Key valuation signals for MIL:1WRB:

  • E10: €2.59
  • GF Value™: €58.04 vs. price of €62.10 (7% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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


WR Berkley Business Description

Address 475 Steamboat Road, Greenwich, CT, USA, 06830
W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.
55GF Score

Get the complete analysis for MIL:1WRB

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

€62.10
Price
€58.04
GF Value