UniCredit SpA (STU:CRIP) E10: €0.93 (As of Mar. 2026)


STU:CRIP UniCredit SpA STU:CRIP
62 GF Score
Price €38.20
GF Value €23.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is UniCredit SpA E10?

UniCredit SpA STU:CRIP -1.55% 62 E10 is €0.93 as of Mar. 2026. GuruFocus rates STU:CRIP with a GF Score™ of 62/100 and a GF Value™ of €23.00 (Significantly Overvalued). The stock has 5 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.

UniCredit SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.075. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, UniCredit SpA's average E10 Growth Rate was 46.40% 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 UniCredit SpA was 41.80% per year. The lowest was -3.50% per year. And the median was 33.60% per year.

As of today (2026-06-27), UniCredit SpA's current stock price is €38.20. UniCredit SpA's E10 for the quarter that ended in Mar. 2026 was €0.93. UniCredit SpA's Shiller PE Ratio of today is 41.08.

During the past 13 years, the highest Shiller PE Ratio of UniCredit SpA was 48.73. The lowest was 34.24. And the median was 40.90.


UniCredit SpA  (STU:CRIP) 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.

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

Shiller PE Ratio=Share Price/E10
=38.20/0.93
=41.08

* 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 UniCredit SpA was 48.73. The lowest was 34.24. And the median was 40.90.


Be Aware

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


UniCredit SpA E10 Related Terms


UniCredit SpA E10 Historical Data

* Premium members only.

The historical data trend for UniCredit SpA'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.

UniCredit SpA E10 Chart

UniCredit SpA 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 -0.35 -0.55 0.36 0.55 0.79

UniCredit SpA 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 0.62 0.69 0.76 0.79 0.93

STU:CRIP vs PNC: E10 Comparison

For the Banks - Regional subindustry, UniCredit SpA'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.


UniCredit SpA Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, UniCredit SpA's Shiller PE Ratio distribution charts can be found below:

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


STU:CRIP
62GF Score
UniCredit SpA STU:CRIP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UniCredit SpA 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, UniCredit SpA'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)
=1.075/122.6000*122.6000
=1.075

Current CPI (Mar. 2026) = 122.6000.

UniCredit SpA Quarterly Data

per share eps CPI Adj_EPS
201606 0.345 99.900 0.423
201609 0.181 100.100 0.222
201612 -5.549 100.300 -6.783
201703 0.368 101.000 0.447
201706 0.212 101.100 0.257
201709 0.633 101.200 0.767
201712 0.173 101.200 0.210
201803 0.250 101.800 0.301
201806 0.230 102.400 0.275
201809 0.007 102.600 0.008
201812 0.415 102.300 0.497
201903 0.263 102.800 0.314
201906 0.403 103.100 0.479
201909 0.264 102.900 0.315
201912 -0.215 102.800 -0.256
202003 -0.605 102.900 -0.721
202006 0.080 102.900 0.095
202009 0.152 102.300 0.182
202012 -0.263 102.600 -0.314
202103 0.198 103.700 0.234
202106 0.225 104.200 0.265
202109 0.238 104.900 0.278
202112 -0.200 106.600 -0.230
202203 0.063 110.400 0.070
202206 0.483 112.500 0.526
202209 0.428 114.200 0.459
202212 0.637 119.000 0.656
202303 0.534 118.800 0.551
202306 0.636 119.700 0.651
202309 0.659 120.300 0.672
202312 0.820 119.700 0.840
202403 0.760 120.200 0.775
202406 0.822 120.700 0.835
202409 0.799 121.200 0.808
202412 0.515 121.200 0.521
202503 0.895 122.500 0.896
202506 1.080 122.700 1.079
202509 0.866 123.100 0.862
202512 0.610 122.600 0.610
202603 1.075 122.600 1.075

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 €0.93 mean?
UniCredit SpA (STU:CRIP) has a E10 of €0.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on UniCredit SpA and its competitors.
Is UniCredit SpA's E10 too high?
UniCredit SpA's current E10 is €0.93. Overall, UniCredit SpA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UniCredit SpA's E10 compare to PNC?
UniCredit SpA's E10 of €0.93 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 UniCredit SpA and its competitors. UniCredit SpA's current E10 is €0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UniCredit SpA stock overvalued right now?
Based on GuruFocus' analysis, UniCredit SpA (STU:CRIP) is currently considered Significantly Overvalued. The stock's GF Value™ is €23.00, compared to a current price of €38.20 — trading 66.1% above its estimated fair value. The current E10 is €0.93. UniCredit SpA's overall GF Score™ is 62/100 with 5 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 UniCredit SpA (STU:CRIP), the current E10 is €0.93 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 UniCredit SpA (STU:CRIP) Overvalued in 2026?

Based on GuruFocus' analysis, UniCredit SpA stock appears to be overvalued. The current stock price of €38.20 is trading 66.1% above its estimated GF Value™ of €23.00. GuruFocus considers UniCredit SpA to be Significantly Overvalued.

Key valuation signals for STU:CRIP:

  • E10: €0.93
  • GF Value™: €23.00 vs. price of €38.20 (66.1% above fair value)
  • GF Score™: 62/100 with 5 warning signs

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


UniCredit SpA Business Description

Address Piazza Gae Aulenti 3, Tower A, Milan, ITA, 20154
UniCredit is one of the two largest Italian retail and commercial banks, but roughly half of its operations are outside Italy. UniCredit has a strong presence in Germany, Austria, and Central and Eastern Europe. It generates most of its revenue from retail banking but also maintains a sizable corporate and investment bank. It is is expanding its reach into asset management and insurance.
62GF Score

Get the complete analysis for STU:CRIP

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

€38.20
Price
€23.00
GF Value