Bayerische Motoren Werke AG (WAR:BMW) E10: zł67.13 (As of Mar. 2026)

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WAR:BMW Bayerische Motoren Werke AG WAR:BMW
82 GF Score
Price zł256.20
GF Value zł353.86
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Bayerische Motoren Werke AG E10?

Bayerische Motoren Werke AG WAR:BMW 82 E10 is zł67.13 as of Mar. 2026. GuruFocus rates WAR:BMW with a GF Score™ of 82/100 and a GF Value™ of zł353.86 (Modestly Undervalued). The stock has 3 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.

Bayerische Motoren Werke AG's adjusted earnings per share data for the three months ended in Mar. 2026 was zł11.744. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł67.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bayerische Motoren Werke AG's average E10 Growth Rate was 1.60% per year. During the past 3 years, the average E10 Growth Rate was 4.50% per year. During the past 5 years, the average E10 Growth Rate was 11.00% 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 Bayerische Motoren Werke AG was 16.70% per year. The lowest was 4.50% per year. And the median was 10.30% per year.

As of today (2026-07-21), Bayerische Motoren Werke AG's current stock price is zł256.20. Bayerische Motoren Werke AG's E10 for the quarter that ended in Mar. 2026 was zł67.13. Bayerische Motoren Werke AG's Shiller PE Ratio of today is 3.82.

During the past 13 years, the highest Shiller PE Ratio of Bayerische Motoren Werke AG was 11.71. The lowest was 3.72. And the median was 7.05.


Bayerische Motoren Werke AG  (WAR:BMW) 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.

Bayerische Motoren Werke AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=256.20/67.13
=3.82

* 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 Bayerische Motoren Werke AG was 11.71. The lowest was 3.72. And the median was 7.05.


Be Aware

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


Bayerische Motoren Werke AG E10 Related Terms


Bayerische Motoren Werke AG E10 Historical Data

* Premium members only.

The historical data trend for Bayerische Motoren Werke 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.

Bayerische Motoren Werke AG E10 Chart

Bayerische Motoren Werke 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 0.00 0.00 65.06 62.91 65.68

Bayerische Motoren Werke AG 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 64.63 63.33 66.84 65.68 67.13

WAR:BMW vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, Bayerische Motoren Werke 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.


Bayerische Motoren Werke AG Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bayerische Motoren Werke AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bayerische Motoren Werke AG's Shiller PE Ratio falls into.


WAR:BMW
82GF Score
Bayerische Motoren Werke AG WAR:BMW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bayerische Motoren Werke 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, Bayerische Motoren Werke AG'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)
=11.744/131.2583*131.2583
=11.744

Current CPI (Mar. 2026) = 131.2583.

Bayerische Motoren Werke AG Quarterly Data

per share eps CPI Adj_EPS
201606 12.565 100.717 16.375
201609 11.700 101.017 15.203
201612 9.037 101.217 11.719
201703 13.987 101.417 18.103
201706 14.226 102.117 18.286
201709 12.470 102.717 15.935
201712 15.791 102.617 20.198
201803 16.079 102.917 20.507
201806 13.816 104.017 17.434
201809 9.156 104.718 11.477
201812 8.539 104.217 10.755
201903 3.641 104.217 4.586
201906 9.466 105.718 11.753
201909 9.644 106.018 11.940
201912 8.845 105.818 10.972
202003 3.518 105.718 4.368
202006 -1.494 106.618 -1.839
202009 12.100 105.818 15.009
202012 11.667 105.518 14.513
202103 19.224 107.518 23.469
202106 33.020 108.486 39.951
202109 17.348 109.435 20.808
202112 14.520 110.384 17.266
202203 63.999 113.968 73.708
202206 17.230 115.760 19.537
202209 15.951 118.818 17.621
202212 13.773 119.345 15.148
202303 21.551 122.402 23.110
202306 18.029 123.140 19.218
202309 16.991 124.195 17.957
202312 15.584 123.773 16.526
202403 18.212 125.038 19.118
202406 16.934 125.882 17.657
202409 2.693 126.198 2.801
202412 9.566 127.041 9.884
202503 13.851 127.779 14.228
202506 12.461 128.412 12.737
202509 12.191 129.255 12.380
202512 12.961 129.361 13.151
202603 11.744 131.258 11.744

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 zł67.13 mean?
Bayerische Motoren Werke AG (WAR:BMW) has a E10 of zł67.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bayerische Motoren Werke AG and its competitors.
Is Bayerische Motoren Werke AG's E10 too high?
Bayerische Motoren Werke AG's current E10 is zł67.13. Overall, Bayerische Motoren Werke AG has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bayerische Motoren Werke AG's E10 compare to TSLA and GM?
Bayerische Motoren Werke AG's E10 of zł67.13 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Bayerische Motoren Werke AG and its competitors. Bayerische Motoren Werke AG's current E10 is zł67.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayerische Motoren Werke AG stock overvalued right now?
Based on GuruFocus' analysis, Bayerische Motoren Werke AG (WAR:BMW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł353.86, compared to a current price of zł256.20 — trading 27.6% below its estimated fair value. The current E10 is zł67.13. Bayerische Motoren Werke AG's overall GF Score™ is 82/100 with 3 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 Bayerische Motoren Werke AG (WAR:BMW), the current E10 is zł67.13 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 Bayerische Motoren Werke AG (WAR:BMW) Overvalued in 2026?

Based on GuruFocus' analysis, Bayerische Motoren Werke AG stock appears to be undervalued. The current stock price of zł256.20 is trading 27.6% below its estimated GF Value™ of zł353.86. GuruFocus considers Bayerische Motoren Werke AG to be Modestly Undervalued.

Key valuation signals for WAR:BMW:

  • E10: zł67.13
  • GF Value™: zł353.86 vs. price of zł256.20 (27.6% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Bayerische Motoren Werke AG Business Description

Address Petuelring 130, Munich, BY, DEU, 80809
BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.7 million vehicles in 2025, or which 2.5 million were passenger cars. In terms of sales volume, Europe and Asia are BMW's largest regions, contributing 43% and 33%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end vehicles.
82GF Score

Get the complete analysis for WAR:BMW

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

zł256.20
Price
zł353.86
GF Value