WAB (Westinghouse Air Brake Technologies) E10: $4.36 (As of Mar. 2026)


WAB Westinghouse Air Brake Technologies Corp WAB
89 GF Score
Price $272.48
GF Value $212.55
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Westinghouse Air Brake Technologies E10?

Westinghouse Air Brake Technologies WAB +0.82% 89 E10 is $4.36 as of Mar. 2026. GuruFocus rates WAB with a GF Score™ of 89/100 and a GF Value™ of $212.55 (Modestly Overvalued). The stock has 8 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.

Westinghouse Air Brake Technologies's adjusted earnings per share data for the three months ended in Mar. 2026 was $2.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Westinghouse Air Brake Technologies's average E10 Growth Rate was 6.90% per year. During the past 3 years, the average E10 Growth Rate was 5.70% per year. During the past 5 years, the average E10 Growth Rate was 6.50% per year. During the past 10 years, the average E10 Growth Rate was 6.50% 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 Westinghouse Air Brake Technologies was 24.20% per year. The lowest was -1.30% per year. And the median was 7.20% per year.

As of today (2026-06-24), Westinghouse Air Brake Technologies's current stock price is $272.48. Westinghouse Air Brake Technologies's E10 for the quarter that ended in Mar. 2026 was $4.36. Westinghouse Air Brake Technologies's Shiller PE Ratio of today is 62.50.

During the past 13 years, the highest Shiller PE Ratio of Westinghouse Air Brake Technologies was 63.10. The lowest was 13.86. And the median was 29.28.


Westinghouse Air Brake Technologies  (NYSE:WAB) 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.

Westinghouse Air Brake Technologies's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=272.48/4.36
=62.50

* 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 Westinghouse Air Brake Technologies was 63.10. The lowest was 13.86. And the median was 29.28.


Be Aware

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


Westinghouse Air Brake Technologies E10 Related Terms


Westinghouse Air Brake Technologies E10 Historical Data

* Premium members only.

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies E10 Chart

Westinghouse Air Brake Technologies 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 3.34 3.57 3.75 3.98 4.21

Westinghouse Air Brake Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.08 4.17 4.24 4.21 4.36

WAB vs NSC, CSX, TRN: E10 Comparison

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


Westinghouse Air Brake Technologies Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Shiller PE Ratio falls into.


WAB
89GF Score
Westinghouse Air Brake Technologies Corp WAB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Westinghouse Air Brake Technologies 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, Westinghouse Air Brake Technologies's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.12/330.2130*330.2130
=2.120

Current CPI (Mar. 2026) = 330.2130.

Westinghouse Air Brake Technologies Quarterly Data

per share eps CPI Adj_EPS
201606 1.000 241.018 1.370
201609 0.910 241.428 1.245
201612 0.420 241.432 0.574
201703 0.770 243.801 1.043
201706 0.750 244.955 1.011
201709 0.700 246.819 0.937
201712 0.510 246.524 0.683
201803 0.920 249.554 1.217
201806 0.870 251.989 1.140
201809 0.910 252.439 1.190
201812 0.360 251.233 0.473
201903 -0.040 254.202 -0.052
201906 0.540 256.143 0.696
201909 0.480 256.759 0.617
201912 0.710 256.974 0.912
202003 0.580 258.115 0.742
202006 0.460 257.797 0.589
202009 0.670 260.280 0.850
202012 0.460 260.474 0.583
202103 0.590 264.877 0.736
202106 0.660 271.696 0.802
202109 0.690 274.310 0.831
202112 1.020 278.802 1.208
202203 0.800 287.504 0.919
202206 0.910 296.311 1.014
202209 0.880 296.808 0.979
202212 0.860 296.797 0.957
202303 0.930 301.836 1.017
202306 1.060 305.109 1.147
202309 1.330 307.789 1.427
202312 1.200 306.746 1.292
202403 1.530 312.332 1.618
202406 1.640 314.175 1.724
202409 1.630 315.301 1.707
202412 1.230 315.605 1.287
202503 1.880 319.799 1.941
202506 1.960 322.561 2.006
202509 1.810 324.800 1.840
202512 1.180 324.054 1.202
202603 2.120 330.213 2.120

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 $4.36 mean?
Westinghouse Air Brake Technologies (WAB) has a E10 of $4.36 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Westinghouse Air Brake Technologies and its competitors.
Is Westinghouse Air Brake Technologies' E10 too high?
Westinghouse Air Brake Technologies' current E10 is $4.36. Overall, Westinghouse Air Brake Technologies has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westinghouse Air Brake Technologies' E10 compare to NSC and CSX?
Westinghouse Air Brake Technologies' E10 of $4.36 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Westinghouse Air Brake Technologies and its competitors. Westinghouse Air Brake Technologies's current E10 is $4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westinghouse Air Brake Technologies stock overvalued right now?
Based on GuruFocus' analysis, Westinghouse Air Brake Technologies (WAB) is currently considered Modestly Overvalued. The stock's GF Value™ is $212.55, compared to a current price of $272.48 — trading 28.2% above its estimated fair value. The current E10 is $4.36. Westinghouse Air Brake Technologies' overall GF Score™ is 89/100 with 8 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 Westinghouse Air Brake Technologies (WAB), the current E10 is $4.36 as of Mar. 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 Westinghouse Air Brake Technologies (WAB) Overvalued in 2026?

Based on GuruFocus' analysis, Westinghouse Air Brake Technologies stock appears to be overvalued. The current stock price of $272.48 is trading 28.2% above its estimated GF Value™ of $212.55. GuruFocus considers Westinghouse Air Brake Technologies to be Modestly Overvalued.

Key valuation signals for WAB:

  • E10: $4.36
  • GF Value™: $212.55 vs. price of $272.48 (28.2% above fair value)
  • GF Score™: 89/100 with 8 warning signs

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


Westinghouse Air Brake Technologies Business Description

Address 30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.
89GF Score

Get the complete analysis for WAB

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

$272.48
Price
$212.55
GF Value