RLI (STU:RL1) E10: €2.77 (As of Mar. 2026)


STU:RL1 RLI Corp STU:RL1
82 GF Score
Price €53.15
GF Value €67.58
Valuation Modestly Undervalued
! 2 Warning Signs
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What is RLI E10?

RLI STU:RL1 -2.57% 82 E10 is €2.77 as of Mar. 2026. GuruFocus rates STU:RL1 with a GF Score™ of 82/100 and a GF Value™ of €67.58 (Modestly Undervalued). The stock has 2 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.

RLI's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.519. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, RLI's average E10 Growth Rate was 10.70% per year. During the past 3 years, the average E10 Growth Rate was 9.80% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 9.00% 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 RLI was 23.10% per year. The lowest was -1.60% per year. And the median was 10.50% per year.

As of today (2026-07-09), RLI's current stock price is €53.15. RLI's E10 for the quarter that ended in Mar. 2026 was €2.77. RLI's Shiller PE Ratio of today is 19.19.

During the past 13 years, the highest Shiller PE Ratio of RLI was 38.32. The lowest was 15.28. And the median was 26.65.


RLI  (STU:RL1) 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.

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

Shiller PE Ratio=Share Price/E10
=53.15/2.77
=19.19

* 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 13 years, the highest Shiller P/E Ratio of RLI was 38.32. The lowest was 15.28. And the median was 26.65.


Be Aware

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


RLI E10 Related Terms


RLI E10 Historical Data

* Premium members only.

The historical data trend for RLI'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.

RLI E10 Chart

RLI 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 2.32 2.72 2.70

RLI 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 2.67 2.53 2.59 2.70 2.77

STU:RL1 vs WTM, SIGI, MCY: E10 Comparison

For the Insurance - Property & Casualty subindustry, RLI'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.


RLI Shiller PE Ratio vs Insurance Industry

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

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


STU:RL1
82GF Score
RLI Corp STU:RL1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RLI 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, RLI'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)
=0.519/330.2130*330.2130
=0.519

Current CPI (Mar. 2026) = 330.2130.

RLI Quarterly Data

per share eps CPI Adj_EPS
201606 0.289 241.018 0.396
201609 0.223 241.428 0.305
201612 0.341 241.432 0.466
201703 0.210 243.801 0.284
201706 0.263 244.955 0.355
201709 0.017 246.819 0.023
201712 0.545 246.524 0.730
201803 0.109 249.554 0.144
201806 0.317 251.989 0.415
201809 0.377 252.439 0.493
201812 -0.204 251.233 -0.268
201903 0.646 254.202 0.839
201906 0.394 256.143 0.508
201909 0.322 256.759 0.414
201912 0.531 256.974 0.682
202003 -0.615 258.115 -0.787
202006 0.906 257.797 1.160
202009 0.395 260.280 0.501
202012 0.756 260.474 0.958
202103 0.672 264.877 0.838
202106 0.743 271.696 0.903
202109 0.272 274.310 0.327
202112 0.920 278.802 1.090
202203 0.477 287.504 0.548
202206 -0.024 296.311 -0.027
202209 4.853 296.808 5.399
202212 1.005 296.797 1.118
202303 1.004 301.836 1.098
202306 0.780 305.109 0.844
202309 0.136 307.789 0.146
202312 1.142 306.746 1.229
202403 1.279 312.332 1.352
202406 0.827 314.175 0.869
202409 0.928 315.301 0.972
202412 0.420 315.605 0.439
202503 0.629 319.799 0.649
202506 1.162 322.561 1.190
202509 1.150 324.800 1.169
202512 0.845 324.054 0.861
202603 0.519 330.213 0.519

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 €2.77 mean?
RLI (STU:RL1) has a E10 of €2.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on RLI and its competitors.
Is RLI's E10 too high?
RLI's current E10 is €2.77. Overall, RLI has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RLI's E10 compare to WTM and SIGI?
RLI's E10 of €2.77 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 RLI and its competitors. RLI's current E10 is €2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RLI stock overvalued right now?
Based on GuruFocus' analysis, RLI (STU:RL1) is currently considered Modestly Undervalued. The stock's GF Value™ is €67.58, compared to a current price of €53.15 — trading 21.4% below its estimated fair value. The current E10 is €2.77. RLI's overall GF Score™ is 82/100 with 2 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 RLI (STU:RL1), the current E10 is €2.77 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 RLI (STU:RL1) Overvalued in 2026?

Based on GuruFocus' analysis, RLI stock appears to be undervalued. The current stock price of €53.15 is trading 21.4% below its estimated GF Value™ of €67.58. GuruFocus considers RLI to be Modestly Undervalued.

Key valuation signals for STU:RL1:

  • E10: €2.77
  • GF Value™: €67.58 vs. price of €53.15 (21.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the STU:RL1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RLI Business Description

Other Exchanges RLI:USA
Address 9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include Casualty, Property, and Surety, and it derives a majority of its revenue from the Casualty segment.
82GF Score

Get the complete analysis for STU:RL1

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

€53.15
Price
€67.58
GF Value