RGA (Reinsurance Group of America) E10: $15.87 (As of Mar. 2026)

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RGA Reinsurance Group of America Inc RGA
85 GF Score
Price $241.79
GF Value $238.48
Valuation Fairly Valued
! 6 Warning Signs
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What is Reinsurance Group of America E10?

Reinsurance Group of America RGA +0.78% 85 E10 is $15.87 as of Mar. 2026. GuruFocus rates RGA with a GF Score™ of 85/100 and a GF Value™ of $238.48 (Fairly Valued). The stock has 6 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.

Reinsurance Group of America's adjusted earnings per share data for the three months ended in Mar. 2026 was $4.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $15.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Reinsurance Group of America's average E10 Growth Rate was 9.60% per year. During the past 3 years, the average E10 Growth Rate was 5.70% per year. During the past 5 years, the average E10 Growth Rate was 5.40% per year. During the past 10 years, the average E10 Growth Rate was 7.80% 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 Reinsurance Group of America was 17.70% per year. The lowest was 3.40% per year. And the median was 11.70% per year.

As of today (2026-07-18), Reinsurance Group of America's current stock price is $241.79. Reinsurance Group of America's E10 for the quarter that ended in Mar. 2026 was $15.87. Reinsurance Group of America's Shiller PE Ratio of today is 15.24.

During the past 13 years, the highest Shiller PE Ratio of Reinsurance Group of America was 20.16. The lowest was 5.19. And the median was 13.23.


Reinsurance Group of America  (NYSE:RGA) 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.

Reinsurance Group of America's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=241.79/15.87
=15.24

* 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 Reinsurance Group of America was 20.16. The lowest was 5.19. And the median was 13.23.


Be Aware

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


Reinsurance Group of America E10 Related Terms


Reinsurance Group of America E10 Historical Data

* Premium members only.

The historical data trend for Reinsurance Group of America'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.

Reinsurance Group of America E10 Chart

Reinsurance Group of America 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 12.43 12.91 13.93 14.11 15.25

Reinsurance Group of America 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 14.48 14.61 14.92 15.25 15.87

RGA vs EG, RNR, HG: E10 Comparison

For the Insurance - Reinsurance subindustry, Reinsurance Group of America'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.


Reinsurance Group of America Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Reinsurance Group of America's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Reinsurance Group of America's Shiller PE Ratio falls into.


RGA
85GF Score
Reinsurance Group of America Inc RGA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Reinsurance Group of America 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, Reinsurance Group of America'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)
=4.98/330.2130*330.2130
=4.980

Current CPI (Mar. 2026) = 330.2130.

Reinsurance Group of America Quarterly Data

per share eps CPI Adj_EPS
201606 3.640 241.018 4.987
201609 3.070 241.428 4.199
201612 2.920 241.432 3.994
201703 2.220 243.801 3.007
201706 3.540 244.955 4.772
201709 3.470 246.819 4.642
201712 18.490 246.524 24.767
201803 1.520 249.554 2.011
201806 3.130 251.989 4.102
201809 4.680 252.439 6.122
201812 1.720 251.233 2.261
201903 2.650 254.202 3.442
201906 3.180 256.143 4.100
201909 4.120 256.759 5.299
201912 3.680 256.974 4.729
202003 -1.410 258.115 -1.804
202006 2.480 257.797 3.177
202009 3.120 260.280 3.958
202012 1.940 260.474 2.459
202103 2.030 264.877 2.531
202106 5.020 271.696 6.101
202109 -0.320 274.310 -0.385
202112 2.300 278.802 2.724
202203 2.910 287.504 3.342
202206 1.550 296.311 1.727
202209 -1.130 296.808 -1.257
202212 4.300 296.797 4.784
202303 3.720 301.836 4.070
202306 3.050 305.109 3.301
202309 4.290 307.789 4.603
202312 2.370 306.746 2.551
202403 3.160 312.332 3.341
202406 3.030 314.175 3.185
202409 2.330 315.301 2.440
202412 2.220 315.605 2.323
202503 4.270 319.799 4.409
202506 2.700 322.561 2.764
202509 3.810 324.800 3.873
202512 6.970 324.054 7.102
202603 4.980 330.213 4.980

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 $15.87 mean?
Reinsurance Group of America (RGA) has a E10 of $15.87 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Reinsurance Group of America and its competitors.
Is Reinsurance Group of America's E10 too high?
Reinsurance Group of America's current E10 is $15.87. Overall, Reinsurance Group of America has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Reinsurance Group of America's E10 compare to EG and RNR?
Reinsurance Group of America's E10 of $15.87 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 Reinsurance Group of America and its competitors. Reinsurance Group of America's current E10 is $15.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reinsurance Group of America stock overvalued right now?
Based on GuruFocus' analysis, Reinsurance Group of America (RGA) is currently considered Fairly Valued. The stock's GF Value™ is $238.48, compared to a current price of $241.79 — trading 1.4% above its estimated fair value. The current E10 is $15.87. Reinsurance Group of America's overall GF Score™ is 85/100 with 6 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 Reinsurance Group of America (RGA), the current E10 is $15.87 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 Reinsurance Group of America (RGA) Overvalued in 2026?

Based on GuruFocus' analysis, Reinsurance Group of America stock appears to be overvalued. The current stock price of $241.79 is trading 1.4% above its estimated GF Value™ of $238.48. GuruFocus considers Reinsurance Group of America to be Fairly Valued.

Key valuation signals for RGA:

  • E10: $15.87
  • GF Value™: $238.48 vs. price of $241.79 (1.4% above fair value)
  • GF Score™: 85/100 with 6 warning signs

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


Reinsurance Group of America Business Description

Address 16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia, and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
85GF Score

Get the complete analysis for RGA

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

$241.79
Price
$238.48
GF Value