Aritzia (TSX:ATZ) E10: C$1.10 (As of Feb. 2026)


TSX:ATZ Aritzia Inc TSX:ATZ
86 GF Score
Price C$158.22
GF Value C$72.27
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Aritzia E10?

Aritzia TSX:ATZ +0.96% 86 E10 is C$1.10 as of Feb. 2026. GuruFocus rates TSX:ATZ with a GF Score™ of 86/100 and a GF Value™ of C$72.27 (Significantly Overvalued). The stock has 4 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.

Aritzia's adjusted earnings per share data for the three months ended in Feb. 2026 was C$1.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.10 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Aritzia's average E10 Growth Rate was 35.80% 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 (2026-06-27), Aritzia's current stock price is C$158.22. Aritzia's E10 for the quarter that ended in Feb. 2026 was C$1.10. Aritzia's Shiller PE Ratio of today is 143.84.

During the past 13 years, the highest Shiller PE Ratio of Aritzia was 153.20. The lowest was 51.74. And the median was 95.56.


Aritzia  (TSX:ATZ) 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.

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

Shiller PE Ratio=Share Price/E10
=158.22/1.10
=143.84

* 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 Aritzia was 153.20. The lowest was 51.74. And the median was 95.56.


Be Aware

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


Aritzia E10 Related Terms


Aritzia E10 Historical Data

* Premium members only.

The historical data trend for Aritzia'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.

Aritzia E10 Chart

Aritzia Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.81 1.10

Aritzia Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.81 0.85 0.90 1.00 1.10

TSX:ATZ vs TJX, ROST, BURL: E10 Comparison

For the Apparel Retail subindustry, Aritzia'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.


Aritzia Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aritzia's Shiller PE Ratio distribution charts can be found below:

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


TSX:ATZ
86GF Score
Aritzia Inc TSX:ATZ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aritzia 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, Aritzia's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1.12/131.0772*131.0772
=1.120

Current CPI (Feb. 2026) = 131.0772.

Aritzia Quarterly Data

per share eps CPI Adj_EPS
201605 0.072 101.765 0.093
201608 -0.629 101.686 -0.811
201611 -0.080 101.607 -0.103
201702 0.110 102.476 0.141
201705 0.070 103.108 0.089
201708 0.040 103.108 0.051
201711 0.240 103.740 0.303
201802 0.140 104.688 0.175
201805 0.110 105.399 0.137
201808 0.130 106.031 0.161
201811 0.280 105.478 0.348
201902 0.160 106.268 0.197
201905 0.140 107.927 0.170
201908 0.160 108.085 0.194
201911 0.310 107.769 0.377
202002 0.190 108.559 0.229
202005 -0.240 107.532 -0.293
202008 -0.010 108.243 -0.012
202011 0.270 108.796 0.325
202102 0.140 109.745 0.167
202105 0.160 111.404 0.188
202108 0.350 112.668 0.407
202111 0.560 113.932 0.644
202202 0.300 115.986 0.339
202205 0.290 120.016 0.317
202208 0.400 120.569 0.435
202211 0.610 121.675 0.657
202302 0.330 122.070 0.354
202305 0.150 124.045 0.159
202308 -0.050 125.389 -0.052
202311 0.380 125.468 0.397
202402 0.210 125.468 0.219
202405 0.140 127.601 0.144
202408 0.160 127.838 0.164
202411 0.630 127.838 0.646
202502 0.840 128.786 0.855
202505 0.360 129.813 0.364
202508 0.560 130.208 0.564
202511 1.160 130.682 1.164
202602 1.120 131.077 1.120

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 C$1.10 mean?
Aritzia (TSX:ATZ) has a E10 of C$1.10 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aritzia and its competitors.
Is Aritzia's E10 too high?
Aritzia's current E10 is C$1.10. Overall, Aritzia has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aritzia's E10 compare to TJX and ROST?
Aritzia's E10 of C$1.10 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Aritzia and its competitors. Aritzia's current E10 is C$1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aritzia stock overvalued right now?
Based on GuruFocus' analysis, Aritzia (TSX:ATZ) is currently considered Significantly Overvalued. The stock's GF Value™ is C$72.27, compared to a current price of C$158.22 — trading 118.9% above its estimated fair value. The current E10 is C$1.10. Aritzia's overall GF Score™ is 86/100 with 4 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 Aritzia (TSX:ATZ), the current E10 is C$1.10 as of Feb. 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 Aritzia (TSX:ATZ) Overvalued in 2026?

Based on GuruFocus' analysis, Aritzia stock appears to be overvalued. The current stock price of C$158.22 is trading 118.9% above its estimated GF Value™ of C$72.27. GuruFocus considers Aritzia to be Significantly Overvalued.

Key valuation signals for TSX:ATZ:

  • E10: C$1.10
  • GF Value™: C$72.27 vs. price of C$158.22 (118.9% above fair value)
  • GF Score™: 86/100 with 4 warning signs

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


Aritzia Business Description

Other Exchanges ATZAF:USA280:Germany
Address 611 Alexander Street, Suite 118, Vancouver, BC, CAN, V6A 1E1
Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories. The company reports as a single segment and includes all sales channels accessed by the company's clients, including sales through the company's eCommerce website and sales at the company's boutiques. Its geographical segments include Canada and the United States, of which it generates the majority of its revenue from the United States.
86GF Score

Get the complete analysis for TSX:ATZ

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

C$158.22
Price
C$72.27
GF Value