GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Valneva SE (NAS:VALN) » Definitions » E10

VALN (Valneva SE) E10 : $-1.20 (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Valneva SE E10?

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.

Valneva SE's adjusted earnings per share data for the three months ended in Mar. 2025 was $-0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.20 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was -4.90% per year. During the past 5 years, the average E10 Growth Rate was -9.70% 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 Valneva SE was -4.90% per year. The lowest was -15.60% per year. And the median was -12.80% per year.

As of today (2025-07-18), Valneva SE's current stock price is $6.55. Valneva SE's E10 for the quarter that ended in Mar. 2025 was $-1.20. Valneva SE's Shiller PE Ratio of today is .


Valneva SE E10 Historical Data

The historical data trend for Valneva SE'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.

* Premium members only.

Valneva SE E10 Chart

Valneva SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.02 -1.10 -1.23 -1.05

Valneva SE Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -1.11 -1.14 -1.18 -1.05 -1.20

Competitive Comparison of Valneva SE's E10

For the Biotechnology subindustry, Valneva SE'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.


Valneva SE's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Valneva SE's Shiller PE Ratio distribution charts can be found below:

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


;
;

Valneva SE 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, Valneva SE's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.13/120.3800*120.3800
=-0.130

Current CPI (Mar. 2025) = 120.3800.

Valneva SE Quarterly Data

per share eps CPI Adj_EPS
201506 -0.269 100.440 -0.322
201509 -0.157 99.950 -0.189
201512 -0.478 100.040 -0.575
201603 -0.156 100.020 -0.188
201606 -1.034 100.630 -1.237
201609 -0.202 100.340 -0.242
201612 -0.084 100.650 -0.100
201703 -0.043 101.170 -0.051
201706 -0.067 101.320 -0.080
201709 -0.095 101.330 -0.113
201712 -0.118 101.850 -0.139
201803 0.049 102.750 0.057
201806 -0.047 103.370 -0.055
201809 -0.093 103.560 -0.108
201812 0.182 103.470 0.212
201903 0.113 103.890 0.131
201906 -0.181 104.580 -0.208
201909 0.000 104.500 0.000
201912 0.022 104.980 0.025
202003 -0.022 104.590 -0.025
202006 -0.605 104.790 -0.695
202009 -0.966 104.550 -1.112
202012 -0.049 104.960 -0.056
202103 -0.714 105.750 -0.813
202106 -1.470 106.340 -1.664
202109 -3.765 106.810 -4.243
202112 3.977 107.850 4.439
202203 -0.529 110.490 -0.576
202206 -2.833 112.550 -3.030
202209 1.307 112.740 1.396
202212 -0.678 114.160 -0.715
202303 -0.278 116.790 -0.287
202306 -0.260 117.650 -0.266
202309 -0.534 118.260 -0.544
202312 -0.502 118.390 -0.510
202403 0.891 119.470 0.898
202406 -0.366 120.200 -0.367
202409 -0.155 119.560 -0.156
202412 -0.545 119.950 -0.547
202503 -0.130 120.380 -0.130

Add all the adjusted EPS together and divide 10 will get our e10.


Valneva SE  (NAS:VALN) 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.


Be Aware

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


Valneva SE E10 Related Terms

Thank you for viewing the detailed overview of Valneva SE's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Valneva SE Business Description

Address
6 Rue Alain Bombard, Saint-Herblain, FRA, 44800
Valneva SE is a vaccine company focused on developing life-saving vaccines. Its portfolio includes three vaccines for travelers. The segments of the group are Commercialized vaccines which relate to marketed vaccines, the group's vaccines IXIARO/JESPECT, DUKORAL, IXCHIQ; Covid includes development, manufacturing, & distribution related to the COVID-19 vaccine, Vaccine candidates which relate to research and development programs to generate new approvable products to generate future cash flows from product sales through partnering with pharmaceutical companies; & Technologies and services which relate to services and inventions at a commercialization stage. The company generates majority of its revenue from product sales.