Thor Industries (STU:TIV) E10: €7.72 (As of Apr. 2026)


STU:TIV Thor Industries Inc STU:TIV
73 GF Score
Price €68.75
GF Value €83.99
! 3 Warning Signs
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What is Thor Industries E10?

Thor Industries STU:TIV +0.66% 73 E10 is €7.72 as of Apr. 2026. GuruFocus rates STU:TIV with a GF Score™ of 73/100 and a GF Value™ of €83.99. 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.

Thor Industries's adjusted earnings per share data for the three months ended in Apr. 2026 was €1.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €7.72 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Thor Industries's average E10 Growth Rate was 2.30% per year. During the past 3 years, the average E10 Growth Rate was 4.40% per year. During the past 5 years, the average E10 Growth Rate was 15.50% per year. During the past 10 years, the average E10 Growth Rate was 15.40% 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 Thor Industries was 47.90% per year. The lowest was 4.40% per year. And the median was 15.50% per year.

As of today (2026-06-29), Thor Industries's current stock price is €68.75. Thor Industries's E10 for the quarter that ended in Apr. 2026 was €7.72. Thor Industries's Shiller PE Ratio of today is 8.91.

During the past 13 years, the highest Shiller PE Ratio of Thor Industries was 46.72. The lowest was 7.96. And the median was 14.58.


Thor Industries  (STU:TIV) 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.

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

Shiller PE Ratio=Share Price/E10
=68.75/7.72
=8.91

* 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 Thor Industries was 46.72. The lowest was 7.96. And the median was 14.58.


Be Aware

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


Thor Industries E10 Related Terms


Thor Industries E10 Historical Data

* Premium members only.

The historical data trend for Thor Industries'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.

Thor Industries E10 Chart

Thor Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.68 7.69 7.57 8.15 8.08

Thor Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 7.77 8.08 7.74 7.47 7.72

STU:TIV vs PII, PATK, HOG: E10 Comparison

For the Recreational Vehicles subindustry, Thor Industries'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.


Thor Industries Shiller PE Ratio vs Vehicles & Parts Industry

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

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


STU:TIV
73GF Score
Thor Industries Inc STU:TIV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thor Industries 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, Thor Industries's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.59/333.0200*333.0200
=1.590

Current CPI (Apr. 2026) = 333.0200.

Thor Industries Quarterly Data

per share eps CPI Adj_EPS
201607 1.421 240.628 1.967
201610 1.353 241.729 1.864
201701 1.156 242.839 1.585
201704 1.969 244.524 2.682
201707 1.959 244.786 2.665
201710 2.068 246.663 2.792
201801 1.238 247.867 1.663
201804 2.062 250.546 2.741
201807 1.430 252.006 1.890
201810 0.226 252.885 0.298
201901 -0.088 251.712 -0.116
201904 0.525 255.548 0.684
201907 1.490 256.571 1.934
201910 0.832 257.346 1.077
202001 0.469 257.971 0.605
202004 0.396 256.389 0.514
202007 1.862 259.101 2.393
202010 1.743 260.388 2.229
202101 1.954 261.582 2.488
202104 2.750 267.054 3.429
202107 3.486 273.003 4.252
202110 3.741 276.589 4.504
202201 4.234 281.148 5.015
202204 5.852 289.109 6.741
202207 5.062 296.276 5.690
202210 2.568 298.012 2.870
202301 0.464 299.170 0.516
202304 2.043 303.363 2.243
202307 1.519 305.691 1.655
202310 0.938 307.671 1.015
202401 0.119 308.417 0.128
202404 1.985 313.548 2.108
202407 1.549 314.540 1.640
202410 -0.028 315.664 -0.030
202501 -0.010 317.671 -0.010
202504 2.252 320.795 2.338
202507 2.023 323.048 2.085
202510 0.352 0.000
202601 0.289 325.252 0.296
202604 1.590 333.020 1.590

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 €7.72 mean?
Thor Industries (STU:TIV) has a E10 of €7.72 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Thor Industries and its competitors.
Is Thor Industries' E10 too high?
Thor Industries' current E10 is €7.72. Overall, Thor Industries has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Thor Industries' E10 compare to PII and PATK?
Thor Industries' E10 of €7.72 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 Thor Industries and its competitors. Thor Industries's current E10 is €7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Industries stock overvalued right now?
Thor Industries (STU:TIV) has a current E10 of €7.72. The stock's GF Value™ is €83.99, compared to a current price of €68.75 — trading 18.1% below its estimated fair value. The current E10 is €7.72. Thor Industries' overall GF Score™ is 73/100 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 Thor Industries (STU:TIV), the current E10 is €7.72 as of Apr. 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 Thor Industries (STU:TIV) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Industries stock appears to be undervalued. The current stock price of €68.75 is trading 18.1% below its estimated GF Value™ of €83.99.

Key valuation signals for STU:TIV:

  • E10: €7.72
  • GF Value™: €83.99 vs. price of €68.75 (18.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Thor Industries Business Description

Other Exchanges THO:USA0LF8:UKTIV:Germany
Address 52700 Independence Court, Elkhart, IN, USA, 46514-8155
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business, as it accounted for less than 10% of fiscal 2025 total sales. In fiscal 2025, the company wholesaled 181,388 units and generated $9.6 billion in revenue.
73GF Score

Get the complete analysis for STU:TIV

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

€68.75
Price
€83.99
GF Value