Aon (WBO:AON) E10: €0.00 (As of Jun. 2026)

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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.
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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.

WBO:AON Aon PLC WBO:AON
94 GF Score
Price €269.10
GF Value €341.63
! 1 Warning Sign
View Full Analysis

What is Aon E10?

Aon WBO:AON +0.41% 94 E10 is €0.00 as of Jun. 2026. GuruFocus rates WBO:AON with a GF Score™ of 94/100 and a GF Value™ of €341.63. The stock has 1 warning sign investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Aon's adjusted earnings per share data for the three months ended in Jun. 2026 was €2.239. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aon's average E10 Growth Rate was 15.60% per year. During the past 3 years, the average E10 Growth Rate was 14.20% per year. During the past 5 years, the average E10 Growth Rate was 16.10% per year. During the past 10 years, the average E10 Growth Rate was 11.80% 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 Aon was 17.50% per year. The lowest was 2.90% per year. And the median was 6.50% per year.

As of today (2026-09-16), Aon's current stock price is €269.10. Aon's E10 for the quarter that ended in Jun. 2026 was €0.00. Aon's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Aon was 64.16. The lowest was 28.05. And the median was 41.79.


Aon  (WBO:AON) 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.

During the past 13 years, the highest Shiller P/E Ratio of Aon was 64.16. The lowest was 28.05. And the median was 41.79.


Be Aware

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


Aon E10 Related Terms


Aon E10 Historical Data

* Premium members only.

The historical data trend for Aon'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.

Aon E10 Chart

Aon 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 0.00 0.00 0.00

Aon 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 0.00 0.00 0.00 0.00 0.00

WBO:AON vs : E10 Comparison

For the Insurance Brokers subindustry, Aon'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.


Aon Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Aon's Shiller PE Ratio distribution charts can be found below:

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


WBO:AON
94GF Score
Aon PLC WBO:AON
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aon 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, Aon'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)
=2.239/333.9520*333.9520
=2.239

Current CPI (Jun. 2026) = 333.9520.

Aon Quarterly Data

per share eps CPI Adj_EPS
201609 1.051 241.428 1.454
201612 1.773 241.432 2.452
201703 1.019 243.801 1.396
201706 2.608 244.955 3.556
201709 0.604 246.819 0.817
201712 -0.068 246.524 -0.092
201803 1.922 249.554 2.572
201806 0.163 251.989 0.216
201809 0.514 252.439 0.680
201812 1.239 251.233 1.647
201903 2.390 254.202 3.140
201906 1.009 256.143 1.316
201909 0.844 256.759 1.098
201912 1.422 256.974 1.848
202003 2.977 258.115 3.852
202006 1.510 257.797 1.956
202009 1.002 260.280 1.286
202012 1.866 260.474 2.392
202103 3.360 264.877 4.236
202106 1.378 271.696 1.694
202109 -3.392 274.310 -4.130
202112 3.452 278.802 4.135
202203 4.295 287.504 4.989
202206 2.204 296.311 2.484
202209 1.939 296.808 2.182
202212 2.964 296.797 3.335
202303 4.735 301.836 5.239
202306 2.501 305.109 2.737
202309 2.090 307.789 2.268
202312 2.265 306.746 2.466
202403 4.922 312.332 5.263
202406 2.285 314.175 2.429
202409 1.415 315.301 1.499
202412 3.132 315.605 3.314
202503 4.098 319.799 4.279
202506 2.306 322.561 2.387
202509 1.798 324.800 1.849
202512 6.678 324.054 6.882
202603 4.870 330.213 4.925
202606 2.239 333.952 2.239

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 €0.00 mean?
Aon (WBO:AON) has a E10 of €0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aon and its competitors.
Is Aon's E10 too high?
Aon's current E10 is €0.00. Overall, Aon has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Aon's E10 compare to ?
Aon's E10 of €0.00 can be compared against companies in the Insurance 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 an Insurance company?
A good E10 depends on the Insurance 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 Aon and its competitors. Aon's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aon stock overvalued right now?
Aon (WBO:AON) has a current E10 of €0.00. The stock's GF Value™ is €341.63, compared to a current price of €269.10 — trading 21.2% below its estimated fair value. The current E10 is €0.00. Aon's overall GF Score™ is 94/100 with 1 warning sign 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 Aon (WBO:AON), the current E10 is €0.00 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 Aon (WBO:AON) Overvalued in 2026?

Based on GuruFocus' analysis, Aon stock appears to be undervalued. The current stock price of €269.10 is trading 21.2% below its estimated GF Value™ of €341.63.

Key valuation signals for WBO:AON:

  • E10: €0.00
  • GF Value™: €341.63 vs. price of €269.10 (21.2% below fair value)
  • GF Score™: 94/100 with 1 warning sign

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


Aon Business Description

Comparable Companies
Address 15 George\'s Quay, Dublin 2, Dublin, IRL, D02 VR98
Aon is a leading global provider of insurance and reinsurance brokerage and human resources solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 60,000 employees and operations in over 120 countries.
94GF Score

Get the complete analysis for WBO:AON

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

€269.10
Price
€341.63
GF Value