ASML Holding NV (WAR:ASML) E10: zł61.78 (As of Mar. 2026)


WAR:ASML ASML Holding NV WAR:ASML
28 GF Score
Price zł6,759.00
GF Value zł4,208.72
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is ASML Holding NV E10?

ASML Holding NV WAR:ASML -2.75% 28 E10 is zł61.78 as of Mar. 2026. GuruFocus rates WAR:ASML with a GF Score™ of 28/100 and a GF Value™ of zł4,208.72 (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.

ASML Holding NV's adjusted earnings per share data for the three months ended in Mar. 2026 was zł30.374. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł61.78 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ASML Holding NV's average E10 Growth Rate was 20.90% per year. During the past 3 years, the average E10 Growth Rate was 22.10% per year. During the past 5 years, the average E10 Growth Rate was 24.00% per year. During the past 10 years, the average E10 Growth Rate was 20.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of ASML Holding NV was 101.40% per year. The lowest was 9.00% per year. And the median was 21.00% per year.

As of today (2026-06-26), ASML Holding NV's current stock price is zł6759.00. ASML Holding NV's E10 for the quarter that ended in Mar. 2026 was zł61.78. ASML Holding NV's Shiller PE Ratio of today is 109.40.

During the past 13 years, the highest Shiller PE Ratio of ASML Holding NV was 145.84. The lowest was 35.78. And the median was 65.96.


ASML Holding NV  (WAR:ASML) 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.

ASML Holding NV's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6759.00/61.78
=109.40

* 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 ASML Holding NV was 145.84. The lowest was 35.78. And the median was 65.96.


Be Aware

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


ASML Holding NV E10 Related Terms


ASML Holding NV E10 Historical Data

* Premium members only.

The historical data trend for ASML Holding NV'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.

ASML Holding NV E10 Chart

ASML Holding NV 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 40.76 49.11 56.86

ASML Holding NV 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 50.97 53.08 56.49 56.86 61.78

WAR:ASML vs LRCX, AMAT, KLAC: E10 Comparison

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.


ASML Holding NV Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASML Holding NV's Shiller PE Ratio distribution charts can be found below:

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


WAR:ASML
28GF Score
ASML Holding NV WAR:ASML
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASML Holding NV 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, ASML Holding NV'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)
=30.374/135.2700*135.2700
=30.374

Current CPI (Mar. 2026) = 135.2700.

ASML Holding NV Quarterly Data

per share eps CPI Adj_EPS
201606 3.427 100.260 4.624
201609 3.835 100.570 5.158
201612 4.729 100.710 6.352
201703 4.127 101.440 5.503
201706 4.459 101.370 5.950
201709 5.650 102.030 7.491
201712 6.480 101.970 8.596
201803 5.709 102.470 7.536
201806 5.881 103.100 7.716
201809 6.860 103.950 8.927
201812 7.776 103.970 10.117
201903 3.488 105.370 4.478
201906 4.692 105.840 5.997
201909 6.030 106.700 7.645
201912 10.983 106.800 13.911
202003 3.776 106.850 4.780
202006 7.407 107.510 9.320
202009 10.950 107.880 13.730
202012 14.439 107.850 18.110
202103 13.999 108.870 17.394
202106 11.157 109.670 13.761
202109 18.416 110.790 22.485
202112 18.186 114.010 21.577
202203 7.001 119.460 7.928
202206 13.751 119.050 15.625
202209 15.608 126.890 16.639
202212 17.906 124.940 19.386
202303 19.475 124.720 21.122
202306 19.627 125.830 21.099
202309 18.863 127.160 20.066
202312 20.838 126.450 22.291
202403 12.422 128.580 13.068
202406 15.861 129.910 16.515
202409 21.534 131.610 22.133
202412 26.319 131.630 27.047
202503 23.835 133.330 24.182
202506 29.202 133.960 29.488
202509 23.635 135.920 23.522
202512 31.583 135.270 31.583
202603 30.374 135.270 30.374

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 zł61.78 mean?
ASML Holding NV (WAR:ASML) has a E10 of zł61.78 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ASML Holding NV and its competitors.
Is ASML Holding NV's E10 too high?
ASML Holding NV's current E10 is zł61.78. Overall, ASML Holding NV has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's E10 compare to LRCX and AMAT?
ASML Holding NV's E10 of zł61.78 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 ASML Holding NV and its competitors. ASML Holding NV's current E10 is zł61.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASML Holding NV stock overvalued right now?
Based on GuruFocus' analysis, ASML Holding NV (WAR:ASML) is currently considered Significantly Overvalued. The stock's GF Value™ is zł4,208.72, compared to a current price of zł6,759.00 — trading 60.6% above its estimated fair value. The current E10 is zł61.78. ASML Holding NV's overall GF Score™ is 28/100 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 ASML Holding NV (WAR:ASML), the current E10 is zł61.78 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 ASML Holding NV (WAR:ASML) Overvalued in 2026?

Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued. The current stock price of zł6,759.00 is trading 60.6% above its estimated GF Value™ of zł4,208.72. GuruFocus considers ASML Holding NV to be Significantly Overvalued.

Key valuation signals for WAR:ASML:

  • E10: zł61.78
  • GF Value™: zł4,208.72 vs. price of zł6,759.00 (60.6% above fair value)
  • GF Score™: 28/100 with 4 warning signs

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


ASML Holding NV Business Description

Address De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in lithography systems for manufacturing semiconductors with 90% market share. Lithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. Lithography allows chipmakers to increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's largest clients are TSMC, Samsung, Intel, SK Hynix, and Micron.
28GF Score

Get the complete analysis for WAR:ASML

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

zł6,759.00
Price
zł4,208.72
GF Value