Tanger (STU:T6O) E10: €0.75 (As of Mar. 2026)

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STU:T6O Tanger Inc STU:T6O
78 GF Score
Price €36.06
GF Value €29.43
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Tanger E10?

Tanger STU:T6O -0.50% 78 E10 is €0.75 as of Mar. 2026. GuruFocus rates STU:T6O with a GF Score™ of 78/100 and a GF Value™ of €29.43 (Modestly Overvalued). The stock has 9 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.

Tanger's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.208. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tanger's average E10 Growth Rate was -15.50% per year. During the past 3 years, the average E10 Growth Rate was -6.10% per year. During the past 5 years, the average E10 Growth Rate was -1.10% per year. During the past 10 years, the average E10 Growth Rate was 1.10% 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 Tanger was 23.00% per year. The lowest was -6.10% per year. And the median was 2.20% per year.

As of today (2026-07-24), Tanger's current stock price is €36.06. Tanger's E10 for the quarter that ended in Mar. 2026 was €0.75. Tanger's Shiller PE Ratio of today is 48.08.

During the past 13 years, the highest Shiller PE Ratio of Tanger was 48.53. The lowest was 4.22. And the median was 22.06.


Tanger  (STU:T6O) 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.

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

Shiller PE Ratio=Share Price/E10
=36.06/0.75
=48.08

* 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 Tanger was 48.53. The lowest was 4.22. And the median was 22.06.


Be Aware

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


Tanger E10 Related Terms


Tanger E10 Historical Data

* Premium members only.

The historical data trend for Tanger'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.

Tanger E10 Chart

Tanger 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 0.87 0.97 0.93 0.98 0.74

Tanger 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 0.95 0.87 0.83 0.74 0.75

STU:T6O vs PECO, KRG, CURB: E10 Comparison

For the REIT - Retail subindustry, Tanger'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.


Tanger Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Tanger's Shiller PE Ratio distribution charts can be found below:

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


STU:T6O
78GF Score
Tanger Inc STU:T6O
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tanger 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, Tanger'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)
=0.208/330.2130*330.2130
=0.208

Current CPI (Mar. 2026) = 330.2130.

Tanger Quarterly Data

per share eps CPI Adj_EPS
201606 0.676 241.018 0.926
201609 0.642 241.428 0.878
201612 0.237 241.432 0.324
201703 0.215 243.801 0.291
201706 0.276 244.955 0.372
201709 -0.143 246.819 -0.191
201712 0.279 246.524 0.374
201803 0.195 249.554 0.258
201806 0.205 251.989 0.269
201809 -0.206 252.439 -0.269
201812 0.185 251.233 0.243
201903 0.584 254.202 0.759
201906 0.133 256.143 0.171
201909 0.227 256.759 0.292
201912 -0.117 256.974 -0.150
202003 -0.271 258.115 -0.347
202006 -0.222 257.797 -0.284
202009 0.119 260.280 0.151
202012 0.002 260.474 0.003
202103 0.034 264.877 0.042
202106 0.017 271.696 0.021
202109 -0.094 274.310 -0.113
202112 0.106 278.802 0.126
202203 0.173 287.504 0.199
202206 0.180 296.311 0.201
202209 0.222 296.808 0.247
202212 0.160 296.797 0.178
202303 0.205 301.836 0.224
202306 0.212 305.109 0.229
202309 0.244 307.789 0.262
202312 0.202 306.746 0.217
202403 0.184 312.332 0.195
202406 0.204 314.175 0.214
202409 0.198 315.301 0.207
202412 0.220 315.605 0.230
202503 0.157 319.799 0.162
202506 0.225 322.561 0.230
202509 0.239 324.800 0.243
202512 0.248 324.054 0.253
202603 0.208 330.213 0.208

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 €0.75 mean?
Tanger (STU:T6O) has a E10 of €0.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tanger and its competitors.
Is Tanger's E10 too high?
Tanger's current E10 is €0.75. Overall, Tanger has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tanger's E10 compare to PECO and KRG?
Tanger's E10 of €0.75 can be compared against companies in the REITs 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 REITs company?
A good E10 depends on the REITs 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 Tanger and its competitors. Tanger's current E10 is €0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanger stock overvalued right now?
Based on GuruFocus' analysis, Tanger (STU:T6O) is currently considered Modestly Overvalued. The stock's GF Value™ is €29.43, compared to a current price of €36.06 — trading 22.5% above its estimated fair value. The current E10 is €0.75. Tanger's overall GF Score™ is 78/100 with 9 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 Tanger (STU:T6O), the current E10 is €0.75 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 Tanger (STU:T6O) Overvalued in 2026?

Based on GuruFocus' analysis, Tanger stock appears to be overvalued. The current stock price of €36.06 is trading 22.5% above its estimated GF Value™ of €29.43. GuruFocus considers Tanger to be Modestly Overvalued.

Key valuation signals for STU:T6O:

  • E10: €0.75
  • GF Value™: €29.43 vs. price of €36.06 (22.5% above fair value)
  • GF Score™: 78/100 with 9 warning signs

No single metric tells the full story. See the STU:T6O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tanger Business Description

Industry Real EstateREITs
Other Exchanges SKT:USA0LD4:UK
Address 3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc is an owner and operator of outlet and open-air centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet and open-air shopping centers. Its consolidated portfolio consisted of 31 outlet centers and 2 open-air lifestyle centers.
78GF Score

Get the complete analysis for STU:T6O

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

€36.06
Price
€29.43
GF Value