VALIF (Valiant Holding AG) E10: $6.48 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VALIF Valiant Holding AG VALIF
64 GF Score
Price $118.35
GF Value $90.99
! 2 Warning Signs
View Full Analysis

What is Valiant Holding AG E10?

Valiant Holding AG VALIF 64 E10 is $6.48 as of Jun. 2026. GuruFocus rates VALIF with a GF Score™ of 64/100 and a GF Value™ of $90.99. 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.

Valiant Holding AG's adjusted earnings per share data for the three months ended in Jun. 2026 was $3.382. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $6.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Valiant Holding AG's average E10 Growth Rate was 3.00% per year. During the past 3 years, the average E10 Growth Rate was 2.40% 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 Valiant Holding AG was 3.00% per year. The lowest was 2.40% per year. And the median was 2.70% per year.

As of today (2026-08-18), Valiant Holding AG's current stock price is $118.353. Valiant Holding AG's E10 for the quarter that ended in Jun. 2026 was $6.48. Valiant Holding AG's Shiller PE Ratio of today is 18.26.

During the past 13 years, the highest Shiller PE Ratio of Valiant Holding AG was 20.92. The lowest was 10.53. And the median was 12.45.


Valiant Holding AG  (OTCPK:VALIF) 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.

Valiant Holding AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=118.353/6.48
=18.26

* 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 Valiant Holding AG was 20.92. The lowest was 10.53. And the median was 12.45.


Be Aware

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


Valiant Holding AG E10 Related Terms


Valiant Holding AG E10 Historical Data

* Premium members only.

The historical data trend for Valiant Holding AG'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.

Valiant Holding AG E10 Chart

Valiant Holding AG 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 8.44 7.97 9.54 8.93 6.71

Valiant Holding AG 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 8.37 7.84 6.71 5.81 6.48

Valiant Holding AG E10 Competitor Comparison

For the Banks - Regional subindustry, Valiant Holding AG'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.


Valiant Holding AG Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Valiant Holding AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Valiant Holding AG's Shiller PE Ratio falls into.


VALIF
64GF Score
Valiant Holding AG VALIF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valiant Holding AG 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, Valiant Holding AG'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)
=3.382/108.5600*108.5600
=3.382

Current CPI (Jun. 2026) = 108.5600.

Valiant Holding AG Quarterly Data

per share eps CPI Adj_EPS
201609 1.942 99.604 2.117
201612 2.245 99.380 2.452
201703 1.503 100.040 1.631
201706 1.858 100.285 2.011
201709 2.079 100.254 2.251
201712 2.272 100.213 2.461
201803 1.734 100.836 1.867
201806 2.162 101.435 2.314
201809 1.663 101.246 1.783
201812 2.243 100.906 2.413
201903 1.787 101.571 1.910
201906 2.131 102.044 2.267
201909 1.598 101.396 1.711
201912 2.228 101.063 2.393
202003 1.726 101.048 1.854
202006 2.261 100.743 2.436
202009 1.905 100.585 2.056
202012 2.440 100.241 2.643
202103 1.808 100.800 1.947
202106 2.418 101.352 2.590
202109 1.877 101.533 2.007
202112 2.376 101.776 2.534
202203 1.877 103.205 1.974
202206 2.250 104.783 2.331
202209 1.982 104.835 2.052
202212 2.517 104.666 2.611
202303 2.031 106.245 2.075
202306 2.641 106.576 2.690
202309 2.282 106.570 2.325
202312 3.265 106.461 3.329
202403 2.262 107.355 2.287
202406 2.800 107.991 2.815
202409 2.521 107.468 2.547
202412 3.224 107.128 3.267
202503 2.347 107.722 2.365
202506 3.164 108.075 3.178
202509 2.776 107.710 2.798
202512 3.696 107.200 3.743
202603 2.679 108.060 2.691
202606 3.382 108.560 3.382

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 $6.48 mean?
Valiant Holding AG (VALIF) has a E10 of $6.48 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Valiant Holding AG and its competitors.
Is Valiant Holding AG's E10 too high?
Valiant Holding AG's current E10 is $6.48. Overall, Valiant Holding AG has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Valiant Holding AG's E10 compare to competitors?
Valiant Holding AG's E10 of $6.48 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Valiant Holding AG and its competitors. Valiant Holding AG's current E10 is $6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valiant Holding AG stock overvalued right now?
Valiant Holding AG (VALIF) has a current E10 of $6.48. The stock's GF Value™ is $90.99, compared to a current price of $118.35 — trading 30.1% above its estimated fair value. The current E10 is $6.48. Valiant Holding AG's overall GF Score™ is 64/100 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 Valiant Holding AG (VALIF), the current E10 is $6.48 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 Valiant Holding AG (VALIF) Overvalued in 2026?

Based on GuruFocus' analysis, Valiant Holding AG stock appears to be overvalued. The current stock price of $118.35 is trading 30.1% above its estimated GF Value™ of $90.99.

Key valuation signals for VALIF:

  • E10: $6.48
  • GF Value™: $90.99 vs. price of $118.35 (30.1% above fair value)
  • GF Score™: 64/100 with 2 warning signs

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


Valiant Holding AG Business Description

Address c/o Valiant Bank AG, Pilatusstrasse 39, Lucerne, CHE, 6003
Valiant Holding AG is an independent retail and SME bank that offers banking and financial services to clients. It caters to the following client segments: private clients, affluent private clients, self-employed individuals and small companies, and medium-sized companies. The products and services of the Group encompass mobile banking, payment solution Twint, savings accounts, retirement planning solutions, payments, investing, financing products, advisory services, and customized investment solutions.
64GF Score

Get the complete analysis for VALIF

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

$118.35
Price
$90.99
GF Value