TPB (Turning Point Brands) E10: $2.02 (As of Jun. 2026)

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TPB Turning Point Brands Inc TPB
88 GF Score
Price $86.74
GF Value $87.20
Valuation Fairly Valued
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What is Turning Point Brands E10?

Turning Point Brands TPB -1.72% 88 E10 is $2.02 as of Jun. 2026. GuruFocus rates TPB with a GF Score™ of 88/100 and a GF Value™ of $87.20 (Fairly Valued).

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.

Turning Point Brands's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.02 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Turning Point Brands's average E10 Growth Rate was 12.20% 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.

As of today (2026-08-20), Turning Point Brands's current stock price is $86.74. Turning Point Brands's E10 for the quarter that ended in Jun. 2026 was $2.02. Turning Point Brands's Shiller PE Ratio of today is 42.94.

During the past 13 years, the highest Shiller PE Ratio of Turning Point Brands was 71.72. The lowest was 20.66. And the median was 42.83.


Turning Point Brands  (NYSE:TPB) 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.

Turning Point Brands's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=86.74/2.02
=42.94

* 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 Turning Point Brands was 71.72. The lowest was 20.66. And the median was 42.83.


Be Aware

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


Turning Point Brands E10 Related Terms


Turning Point Brands E10 Historical Data

* Premium members only.

The historical data trend for Turning Point Brands'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.

Turning Point Brands E10 Chart

Turning Point Brands 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 0.00 1.62 1.91

Turning Point Brands Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.80 1.89 1.91 1.99 2.02

TPB vs UVV, AIIR, ISPR: E10 Comparison

For the Tobacco subindustry, Turning Point Brands'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.


Turning Point Brands Shiller PE Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Turning Point Brands's Shiller PE Ratio falls into.


TPB
88GF Score
Turning Point Brands Inc TPB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turning Point Brands 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, Turning Point Brands's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.18/333.9520*333.9520
=0.180

Current CPI (Jun. 2026) = 333.9520.

Turning Point Brands Quarterly Data

per share eps CPI Adj_EPS
201609 0.340 241.428 0.470
201612 0.870 241.432 1.203
201703 0.100 243.801 0.137
201706 0.380 244.955 0.518
201709 0.380 246.819 0.514
201712 0.180 246.524 0.244
201803 0.150 249.554 0.201
201806 0.470 251.989 0.623
201809 0.400 252.439 0.529
201812 0.250 251.233 0.332
201903 0.330 254.202 0.434
201906 0.660 256.143 0.860
201909 0.310 256.759 0.403
201912 -0.620 256.974 -0.806
202003 0.220 258.115 0.285
202006 0.490 257.797 0.635
202009 0.440 260.280 0.565
202012 0.650 260.474 0.833
202103 0.570 264.877 0.719
202106 0.730 271.696 0.897
202109 0.650 274.310 0.791
202112 0.570 278.802 0.683
202203 0.550 287.504 0.639
202206 0.300 296.311 0.338
202209 0.600 296.808 0.675
202212 -0.930 296.797 -1.046
202303 0.410 301.836 0.454
202306 0.530 305.109 0.580
202309 0.580 307.789 0.629
202312 0.530 306.746 0.577
202403 0.630 312.332 0.674
202406 0.680 314.175 0.723
202409 0.680 315.301 0.720
202412 0.130 315.605 0.138
202503 0.790 319.799 0.825
202506 0.790 322.561 0.818
202509 1.130 324.800 1.162
202512 0.420 324.054 0.433
202603 0.600 330.213 0.607
202606 0.180 333.952 0.180

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 $2.02 mean?
Turning Point Brands (TPB) has a E10 of $2.02 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Turning Point Brands and its competitors.
Is Turning Point Brands' E10 too high?
Turning Point Brands' current E10 is $2.02. Overall, Turning Point Brands has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turning Point Brands' E10 compare to UVV and AIIR?
Turning Point Brands' E10 of $2.02 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good E10 depends on the Tobacco Products 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 Turning Point Brands and its competitors. Turning Point Brands's current E10 is $2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turning Point Brands stock overvalued right now?
Based on GuruFocus' analysis, Turning Point Brands (TPB) is currently considered Fairly Valued. The stock's GF Value™ is $87.20, compared to a current price of $86.74 — trading 0.5% below its estimated fair value. The current E10 is $2.02. Turning Point Brands' overall GF Score™ is 88/100. 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 Turning Point Brands (TPB), the current E10 is $2.02 as of Jun. 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 Turning Point Brands (TPB) Overvalued in 2026?

Based on GuruFocus' analysis, Turning Point Brands stock appears to be undervalued. The current stock price of $86.74 is trading 0.5% below its estimated GF Value™ of $87.20. GuruFocus considers Turning Point Brands to be Fairly Valued.

Key valuation signals for TPB:

  • E10: $2.02
  • GF Value™: $87.20 vs. price of $86.74 (0.5% below fair value)
  • GF Score™: 88/100

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


Turning Point Brands Business Description

Other Exchanges 0T5:Germany
Address 5201 Interchange Way, Louisville, KY, USA, 40229
Turning Point Brands Inc operates as a manufacturer, marketer, and provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum, including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in two segments, namely Zig-Zag products and Stoker's products segment. The company generates maximum revenue from the Zig-Zag products segment.
88GF Score

Get the complete analysis for TPB

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

$86.74
Price
$87.20
GF Value