NVR (NVR) E10: $ (As of Jun. 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.
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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.

NVR NVR Inc NVR
88 GF Score
Price $6,150.47
GF Value $7,571.46
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is NVR E10?

NVR NVR -1.47% 88 E10 is $ as of Jun. 2026. GuruFocus rates NVR with a GF Score™ of 88/100 and a GF Value™ of $7,571.46 (Modestly Undervalued). 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 Jun. 2026 was $83.961. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $ for the trailing ten years ended in Jun. 2026.

During the past 12 months, NVR's average E10 Growth Rate was 11.30% 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 (2026-09-20), NVR's current stock price is $6150.47. NVR's E10 for the quarter that ended in Jun. 2026 was $. NVR's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of NVR was 60.83. The lowest was 15.39. And the median was 31.39.


NVR  (NYSE:NVR) 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.

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 31.39.


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
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NVR Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

NVR 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.


NVR
88GF Score
NVR Inc NVR
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 Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=83.9607/333.9520*333.9520
=83.961

Current CPI (Jun. 2026) = 333.9520.

NVR Quarterly Data

per share eps CPI Adj_EPS
201609 28.460 241.428 39.367
201612 37.800 241.432 52.285
201703 25.120 243.801 34.409
201706 35.190 244.955 47.975
201709 38.025 246.819 51.449
201712 28.880 246.524 39.122
201803 39.348 249.554 52.655
201806 49.050 251.989 65.004
201809 48.280 252.439 63.870
201812 58.567 251.233 77.850
201903 47.637 254.202 62.583
201906 53.097 256.143 69.226
201909 56.115 256.759 72.986
201912 64.405 256.974 83.697
202003 44.960 258.115 58.169
202006 42.496 257.797 55.049
202009 65.109 260.280 83.539
202012 76.924 260.474 98.624
202103 63.218 264.877 79.704
202106 82.447 271.696 101.338
202109 86.434 274.310 105.227
202112 89.103 278.802 106.728
202203 116.564 287.504 135.395
202206 123.652 296.311 139.360
202209 118.510 296.808 133.341
202212 133.441 296.797 150.146
202303 99.885 301.836 110.513
202306 116.537 305.109 127.554
202309 125.257 307.789 135.904
202312 121.576 306.746 132.359
202403 116.408 312.332 124.466
202406 120.694 314.175 128.292
202409 130.496 315.301 138.216
202412 139.930 315.605 148.065
202503 94.832 319.799 99.029
202506 108.537 322.561 112.370
202509 112.330 324.800 115.495
202512 121.555 324.054 125.268
202603 67.755 330.213 68.522
202606 83.961 333.952 83.961

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 $ mean?
NVR (NVR) has a E10 of $ as of Jun. 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 $. Overall, NVR has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NVR's E10 compare to TOL and LEN?
NVR's E10 of $ 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 $. 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?
Based on GuruFocus' analysis, NVR (NVR) is currently considered Modestly Undervalued. The stock's GF Value™ is $7,571.46, compared to a current price of $6,150.47 — trading 18.8% below its estimated fair value. The current E10 is $. 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 (NVR), the current E10 is $ as of Jun. 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 (NVR) Overvalued in 2026?

Based on GuruFocus' analysis, NVR stock appears to be undervalued. The current stock price of $6,150.47 is trading 18.8% below its estimated GF Value™ of $7,571.46. GuruFocus considers NVR to be Modestly Undervalued.

Key valuation signals for NVR:

  • E10: $
  • GF Value™: $7,571.46 vs. price of $6,150.47 (18.8% below fair value)
  • GF Score™: 88/100 with 2 warning signs

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


NVR Business Description

Other Exchanges N1VR34: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 NVR

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

$6,150.47
Price
$7,571.46
GF Value