AutoZone (STU:AZ5) E10: €97.30 (As of May. 2026)


STU:AZ5 AutoZone Inc STU:AZ5
28 GF Score
Price €2,828.00
GF Value €3,260.57
Valuation Modestly Undervalued
! 3 Warning Signs
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What is AutoZone E10?

AutoZone STU:AZ5 +1.29% 28 E10 is €97.30 as of May. 2026. GuruFocus rates STU:AZ5 with a GF Score™ of 28/100 and a GF Value™ of €3,260.57 (Modestly Undervalued). The stock has 3 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.

AutoZone's adjusted earnings per share data for the three months ended in May. 2026 was €32.588. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €97.30 for the trailing ten years ended in May. 2026.

During the past 12 months, AutoZone's average E10 Growth Rate was 13.60% per year. During the past 3 years, the average E10 Growth Rate was 16.10% per year. During the past 5 years, the average E10 Growth Rate was 19.30% per year. During the past 10 years, the average E10 Growth Rate was 18.40% 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 AutoZone was 29.00% per year. The lowest was 16.10% per year. And the median was 19.70% per year.

As of today (2026-07-02), AutoZone's current stock price is €2828.00. AutoZone's E10 for the quarter that ended in May. 2026 was €97.30. AutoZone's Shiller PE Ratio of today is 29.06.

During the past 13 years, the highest Shiller PE Ratio of AutoZone was 42.07. The lowest was 18.35. And the median was 31.84.


AutoZone  (STU:AZ5) 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.

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

Shiller PE Ratio=Share Price/E10
=2828.00/97.30
=29.06

* 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 AutoZone was 42.07. The lowest was 18.35. And the median was 31.84.


Be Aware

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


AutoZone E10 Related Terms


AutoZone E10 Historical Data

* Premium members only.

The historical data trend for AutoZone'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.

AutoZone E10 Chart

AutoZone Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.48 65.67 72.18 81.91 89.77

AutoZone Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 85.87 89.77 92.66 91.66 97.30

STU:AZ5 vs ORLY, GPC, BWA: E10 Comparison

For the Auto Parts subindustry, AutoZone'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.


AutoZone Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AutoZone's Shiller PE Ratio distribution charts can be found below:

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


STU:AZ5
28GF Score
AutoZone Inc STU:AZ5
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AutoZone 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, AutoZone's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=32.588/335.1230*335.1230
=32.588

Current CPI (May. 2026) = 335.1230.

AutoZone Quarterly Data

per share eps CPI Adj_EPS
201608 12.756 240.849 17.749
201611 8.677 241.353 12.048
201702 7.587 243.603 10.437
201705 10.353 244.733 14.177
201708 12.934 245.519 17.654
201711 8.520 246.669 11.575
201802 8.408 248.991 11.317
201805 11.353 251.588 15.123
201808 13.007 252.146 17.287
201811 11.854 252.038 15.762
201902 10.123 252.776 13.421
201905 14.295 256.092 18.706
201908 18.834 256.558 24.601
201911 12.941 257.208 16.861
202002 11.362 258.678 14.720
202005 13.196 256.394 17.248
202008 26.136 259.918 33.698
202011 15.744 260.229 20.275
202102 12.347 263.014 15.732
202105 21.793 269.195 27.130
202108 30.362 273.567 37.194
202111 22.504 277.948 27.133
202202 19.646 283.716 23.206
202205 27.462 292.296 31.486
202208 39.983 296.171 45.242
202211 26.928 297.711 30.312
202302 23.014 300.840 25.637
202305 31.390 304.127 34.589
202308 42.604 307.026 46.503
202311 30.076 307.051 32.826
202402 26.781 310.326 28.921
202405 33.938 314.069 36.213
202408 46.656 314.796 49.669
202411 30.634 315.493 32.540
202502 27.158 319.082 28.523
202505 31.364 321.465 32.697
202508 41.842 323.976 43.282
202511 26.850 324.122 27.761
202602 23.375 326.785 23.971
202605 32.588 335.123 32.588

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 €97.30 mean?
AutoZone (STU:AZ5) has a E10 of €97.30 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AutoZone and its competitors.
Is AutoZone's E10 too high?
AutoZone's current E10 is €97.30. Overall, AutoZone has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AutoZone's E10 compare to ORLY and GPC?
AutoZone's E10 of €97.30 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 AutoZone and its competitors. AutoZone's current E10 is €97.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AutoZone stock overvalued right now?
Based on GuruFocus' analysis, AutoZone (STU:AZ5) is currently considered Modestly Undervalued. The stock's GF Value™ is €3,260.57, compared to a current price of €2,828.00 — trading 13.3% below its estimated fair value. The current E10 is €97.30. AutoZone's overall GF Score™ is 28/100 with 3 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 AutoZone (STU:AZ5), the current E10 is €97.30 as of May. 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 AutoZone (STU:AZ5) Overvalued in 2026?

Based on GuruFocus' analysis, AutoZone stock appears to be undervalued. The current stock price of €2,828.00 is trading 13.3% below its estimated GF Value™ of €3,260.57. GuruFocus considers AutoZone to be Modestly Undervalued.

Key valuation signals for STU:AZ5:

  • E10: €97.30
  • GF Value™: €3,260.57 vs. price of €2,828.00 (13.3% below fair value)
  • GF Score™: 28/100 with 3 warning signs

No single metric tells the full story. See the STU:AZ5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AutoZone Business Description

Address 123 South Front Street, Memphis, TN, USA, 38103
Founded in 1979, AutoZone is the largest US-based retailer of aftermarket automotive parts and accessories, operating over 7,600 stores and generating roughly $18.9 billion in fiscal 2025 sales. Beyond its primary home market (88% of total revenue), the company also maintains a growing presence in Mexico and Brazil. AutoZone caters to two core customer segments: do-it-yourself, which account for about 69% of its domestic sales, and commercial do-it-for-me customers, which represent the remaining 31%.
28GF Score

Get the complete analysis for STU:AZ5

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

€2,828.00
Price
€3,260.57
GF Value