MBB SE (STU:MBB) E10: €3.42 (As of Mar. 2026)


STU:MBB MBB SE STU:MBB
93 GF Score
Price €172.40
GF Value €132.47
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is MBB SE E10?

MBB SE STU:MBB -4.22% 93 E10 is €3.42 as of Mar. 2026. GuruFocus rates STU:MBB with a GF Score™ of 93/100 and a GF Value™ of €132.47 (Modestly Overvalued). The stock has 1 warning sign 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.

MBB SE's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MBB SE's average E10 Growth Rate was 31.70% per year. During the past 3 years, the average E10 Growth Rate was 17.60% per year. During the past 5 years, the average E10 Growth Rate was 9.30% 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 MBB SE was 17.60% per year. The lowest was -0.60% per year. And the median was 9.70% per year.

As of today (2026-06-26), MBB SE's current stock price is €172.40. MBB SE's E10 for the quarter that ended in Mar. 2026 was €3.42. MBB SE's Shiller PE Ratio of today is 50.41.

During the past 13 years, the highest Shiller PE Ratio of MBB SE was 77.21. The lowest was 26.78. And the median was 51.08.


MBB SE  (STU:MBB) 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.

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

Shiller PE Ratio=Share Price/E10
=172.40/3.42
=50.41

* 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 MBB SE was 77.21. The lowest was 26.78. And the median was 51.08.


Be Aware

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


MBB SE E10 Related Terms


MBB SE E10 Historical Data

* Premium members only.

The historical data trend for MBB SE'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.

MBB SE E10 Chart

MBB SE 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 1.96 2.06 2.07 2.59 3.36

MBB SE 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 2.63 2.74 3.10 3.36 3.42

STU:MBB vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, MBB SE'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.


MBB SE Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBB SE's Shiller PE Ratio distribution charts can be found below:

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


STU:MBB
93GF Score
MBB SE STU:MBB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MBB SE 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, MBB SE'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)
=1.45/131.2583*131.2583
=1.450

Current CPI (Mar. 2026) = 131.2583.

MBB SE Quarterly Data

per share eps CPI Adj_EPS
201606 0.530 100.717 0.691
201609 0.600 101.017 0.780
201612 0.470 101.217 0.609
201703 0.770 101.417 0.997
201706 0.490 102.117 0.630
201709 0.250 102.717 0.319
201712 -0.806 102.617 -1.031
201803 0.510 102.917 0.650
201806 0.460 104.017 0.580
201809 0.540 104.718 0.677
201812 0.830 104.217 1.045
201903 0.430 104.217 0.542
201906 0.370 105.718 0.459
201909 2.400 106.018 2.971
201912 1.300 105.818 1.613
202003 0.470 105.718 0.584
202006 0.120 106.618 0.148
202009 0.250 105.818 0.310
202012 1.298 105.518 1.615
202103 -3.350 107.518 -4.090
202106 0.970 108.486 1.174
202109 0.120 109.435 0.144
202112 0.300 110.384 0.357
202203 -0.020 113.968 -0.023
202206 0.620 115.760 0.703
202209 1.190 118.818 1.315
202212 0.210 119.345 0.231
202303 -0.100 122.402 -0.107
202306 0.310 123.140 0.330
202309 0.240 124.195 0.254
202312 1.660 123.773 1.760
202403 1.010 125.038 1.060
202406 1.380 125.882 1.439
202409 0.760 126.198 0.790
202412 3.750 127.041 3.874
202503 1.010 127.779 1.037
202506 1.740 128.412 1.779
202509 3.580 129.255 3.635
202512 3.190 129.361 3.237
202603 1.450 131.258 1.450

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 €3.42 mean?
MBB SE (STU:MBB) has a E10 of €3.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MBB SE and its competitors.
Is MBB SE's E10 too high?
MBB SE's current E10 is €3.42. Overall, MBB SE has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MBB SE's E10 compare to HON and MMM?
MBB SE's E10 of €3.42 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 MBB SE and its competitors. MBB SE's current E10 is €3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBB SE stock overvalued right now?
Based on GuruFocus' analysis, MBB SE (STU:MBB) is currently considered Modestly Overvalued. The stock's GF Value™ is €132.47, compared to a current price of €172.40 — trading 30.1% above its estimated fair value. The current E10 is €3.42. MBB SE's overall GF Score™ is 93/100 with 1 warning sign 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 MBB SE (STU:MBB), the current E10 is €3.42 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 MBB SE (STU:MBB) Overvalued in 2026?

Based on GuruFocus' analysis, MBB SE stock appears to be overvalued. The current stock price of €172.40 is trading 30.1% above its estimated GF Value™ of €132.47. GuruFocus considers MBB SE to be Modestly Overvalued.

Key valuation signals for STU:MBB:

  • E10: €3.42
  • GF Value™: €132.47 vs. price of €172.40 (30.1% above fair value)
  • GF Score™: 93/100 with 1 warning sign

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


MBB SE Business Description

Other Exchanges MBBd:UK0J7X:UKMBB:Germany
Address Kurfurstendamm 188, Berlin, BB, DEU, 10707
MBB SE is a medium-sized, family-owned company specializing in the acquisition and management of medium-sized industrial companies with considerable technology and engineering expertise. It concentrates on energy transition, e-mobility, cybersecurity, and ecological materials through its subsidiaries. The MBB Group comprises the following reportable segments: Friedrich Vorwerk, Aumann, DTS, Delignit. Aumann AG: Specialized in e-mobility and automation, Friedrich Vorwerk: Focused on energy infrastructure, including gas, power grids, and hydrogen. DTS IT AG: Provides cybersecurity and cloud computing services. Delignit AG: Produces ecological hardwood-based materials and Hanke Tissue: Produces consumer goods like mattresses and tissue paper.
93GF Score

Get the complete analysis for STU:MBB

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

€172.40
Price
€132.47
GF Value