Victory Capital Holdings (STU:3PK) E10: €2.59 (As of Mar. 2026)


STU:3PK Victory Capital Holdings Inc STU:3PK
96 GF Score
Price €73.00
GF Value €78.33
! 6 Warning Signs
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What is Victory Capital Holdings E10?

Victory Capital Holdings STU:3PK +1.39% 96 E10 is €2.59 as of Mar. 2026. GuruFocus rates STU:3PK with a GF Score™ of 96/100 and a GF Value™ of €78.33. 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.

Victory Capital Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.150. 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.

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 (2026-07-01), Victory Capital Holdings's current stock price is €73.00. Victory Capital Holdings's E10 for the quarter that ended in Mar. 2026 was €2.59. Victory Capital Holdings's Shiller PE Ratio of today is 28.19.

During the past 11 years, the highest Shiller PE Ratio of Victory Capital Holdings was 29.17. The lowest was 20.98. And the median was 28.10.


Victory Capital Holdings  (STU:3PK) 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.

Victory Capital Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=73.00/2.59
=28.19

* 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 11 years, the highest Shiller P/E Ratio of Victory Capital Holdings was 29.17. The lowest was 20.98. And the median was 28.10.


Be Aware

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


Victory Capital Holdings E10 Related Terms


Victory Capital Holdings E10 Historical Data

* Premium members only.

The historical data trend for Victory Capital Holdings'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.

Victory Capital Holdings E10 Chart

Victory Capital Holdings 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 0.00

Victory Capital Holdings 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 0.00 0.00 0.00 2.59

STU:3PK vs OBDC, HASI, OTF: E10 Comparison

For the Asset Management subindustry, Victory Capital Holdings'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.


Victory Capital Holdings Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Victory Capital Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Victory Capital Holdings's Shiller PE Ratio falls into.


STU:3PK
96GF Score
Victory Capital Holdings Inc STU:3PK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Victory Capital Holdings 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, Victory Capital Holdings'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)
=1.15/330.2130*330.2130
=1.150

Current CPI (Mar. 2026) = 330.2130.

Victory Capital Holdings Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 236.525 0.000
201609 -0.050 241.428 -0.068
201612 -0.038 241.432 -0.052
201703 0.058 243.801 0.079
201706 0.029 244.955 0.039
201709 0.119 246.819 0.159
201712 0.172 246.524 0.230
201803 0.130 249.554 0.172
201806 0.223 251.989 0.292
201809 0.249 252.439 0.326
201812 0.167 251.233 0.219
201903 0.177 254.202 0.230
201906 0.177 256.143 0.228
201909 0.318 256.759 0.409
201912 0.459 256.974 0.590
202003 0.697 258.115 0.892
202006 0.542 257.797 0.694
202009 0.645 260.280 0.818
202012 0.616 260.474 0.781
202103 0.739 264.877 0.921
202106 0.772 271.696 0.938
202109 0.850 274.310 1.023
202112 0.832 278.802 0.985
202203 0.881 287.504 1.012
202206 1.031 296.311 1.149
202209 1.020 296.808 1.135
202212 0.699 296.797 0.778
202303 0.663 301.836 0.725
202306 0.766 305.109 0.829
202309 0.721 307.789 0.774
202312 0.752 306.746 0.810
202403 0.773 312.332 0.817
202406 1.040 314.175 1.093
202409 1.117 315.301 1.170
202412 1.117 315.605 1.169
202503 0.888 319.799 0.917
202506 0.590 322.561 0.604
202509 0.946 324.800 0.962
202512 1.127 324.054 1.148
202603 1.150 330.213 1.150

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?
Victory Capital Holdings (STU:3PK) 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 Victory Capital Holdings and its competitors.
Is Victory Capital Holdings' E10 too high?
Victory Capital Holdings' current E10 is €2.59. Overall, Victory Capital Holdings has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Victory Capital Holdings' E10 compare to OBDC and HASI?
Victory Capital Holdings' E10 of €2.59 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Victory Capital Holdings and its competitors. Victory Capital Holdings'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 Victory Capital Holdings stock overvalued right now?
Victory Capital Holdings (STU:3PK) has a current E10 of €2.59. The stock's GF Value™ is €78.33, compared to a current price of €73.00 — trading 6.8% below its estimated fair value. The current E10 is €2.59. Victory Capital Holdings' overall GF Score™ is 96/100 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 Victory Capital Holdings (STU:3PK), 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 Victory Capital Holdings (STU:3PK) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Capital Holdings stock appears to be undervalued. The current stock price of €73.00 is trading 6.8% below its estimated GF Value™ of €78.33.

Key valuation signals for STU:3PK:

  • E10: €2.59
  • GF Value™: €78.33 vs. price of €73.00 (6.8% below fair value)
  • GF Score™: 96/100 with 6 warning signs

No single metric tells the full story. See the STU:3PK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Victory Capital Holdings Business Description

Other Exchanges VCTR:USA
Address 15935 La Cantera Parkway, San Antonio, TX, USA, 78256
Victory Capital Holdings Inc is a diversified investment management firm. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. Its offerings include actively and passively managed mutual funds, rules-based and active exchange traded funds (ETFs), institutional separate accounts, variable insurance products (VIPs), alternative investments, private closed end funds, and a 529 Education Savings Plan. The company operates in one operating and reportable segment that provides investment management services and products to institutional, intermediary, retirement platforms and individual investors. The majority of the company's revenue consists of Investment management fees.
96GF Score

Get the complete analysis for STU:3PK

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

€73.00
Price
€78.33
GF Value