MLP SE (WBO:MLP) E10: €0.49 (As of Mar. 2026)


WBO:MLP MLP SE WBO:MLP
79 GF Score
Price €7.90
GF Value €6.78
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is MLP SE E10?

MLP SE WBO:MLP 79 E10 is €0.49 as of Mar. 2026. GuruFocus rates WBO:MLP with a GF Score™ of 79/100 and a GF Value™ of €6.78 (Modestly Overvalued). The stock has 6 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.

MLP SE's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MLP SE's average E10 Growth Rate was 8.90% per year. During the past 3 years, the average E10 Growth Rate was 8.50% per year. During the past 5 years, the average E10 Growth Rate was 9.80% 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 MLP SE was 11.70% per year. The lowest was 2.50% per year. And the median was 8.30% per year.

As of today (2026-06-26), MLP SE's current stock price is €7.90. MLP SE's E10 for the quarter that ended in Mar. 2026 was €0.49. MLP SE's Shiller PE Ratio of today is 16.12.

During the past 13 years, the highest Shiller PE Ratio of MLP SE was 27.25. The lowest was 11.51. And the median was 16.50.


MLP SE  (WBO:MLP) 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.

MLP SE's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.90/0.49
=16.12

* 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 MLP SE was 27.25. The lowest was 11.51. And the median was 16.50.


Be Aware

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


MLP SE E10 Related Terms


MLP SE E10 Historical Data

* Premium members only.

The historical data trend for MLP 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.

MLP SE E10 Chart

MLP SE 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 0.34 0.35 0.39 0.43 0.46

MLP SE 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 0.45 0.45 0.47 0.46 0.49

WBO:MLP vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, MLP 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.


MLP SE Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, MLP SE's Shiller PE Ratio distribution charts can be found below:

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


WBO:MLP
79GF Score
MLP SE WBO:MLP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MLP 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, MLP SE'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)
=0.27/131.2583*131.2583
=0.270

Current CPI (Mar. 2026) = 131.2583.

MLP SE Quarterly Data

per share eps CPI Adj_EPS
201606 -0.010 100.717 -0.013
201609 0.040 101.017 0.052
201612 0.040 101.217 0.052
201703 0.080 101.417 0.104
201706 0.020 102.117 0.026
201709 0.010 102.717 0.013
201712 0.150 102.617 0.192
201803 0.090 102.917 0.115
201806 0.004 104.017 0.005
201809 0.070 104.718 0.088
201812 0.160 104.217 0.202
201903 0.080 104.217 0.101
201906 -0.001 105.718 -0.001
201909 0.060 106.018 0.074
201912 0.200 105.818 0.248
202003 0.070 105.718 0.087
202006 0.050 106.618 0.062
202009 0.050 105.818 0.062
202012 0.230 105.518 0.286
202103 0.150 107.518 0.183
202106 0.050 108.486 0.060
202109 0.090 109.435 0.108
202112 0.280 110.384 0.333
202203 0.230 113.968 0.265
202206 0.050 115.760 0.057
202209 0.040 118.818 0.044
202212 0.150 119.345 0.165
202303 0.220 122.402 0.236
202306 0.020 123.140 0.021
202309 0.060 124.195 0.063
202312 0.140 123.773 0.148
202403 0.250 125.038 0.262
202406 0.090 125.882 0.094
202409 0.090 126.198 0.094
202412 0.190 127.041 0.196
202503 0.250 127.779 0.257
202506 0.010 128.412 0.010
202509 0.140 129.255 0.142
202512 0.100 129.361 0.101
202603 0.270 131.258 0.270

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 €0.49 mean?
MLP SE (WBO:MLP) has a E10 of €0.49 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MLP SE and its competitors.
Is MLP SE's E10 too high?
MLP SE's current E10 is €0.49. Overall, MLP SE has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MLP SE's E10 compare to BLK and BX?
MLP SE's E10 of €0.49 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 MLP SE and its competitors. MLP SE's current E10 is €0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLP SE stock overvalued right now?
Based on GuruFocus' analysis, MLP SE (WBO:MLP) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.78, compared to a current price of €7.90 — trading 16.5% above its estimated fair value. The current E10 is €0.49. MLP SE's overall GF Score™ is 79/100 with 6 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 MLP SE (WBO:MLP), the current E10 is €0.49 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 MLP SE (WBO:MLP) Overvalued in 2026?

Based on GuruFocus' analysis, MLP SE stock appears to be overvalued. The current stock price of €7.90 is trading 16.5% above its estimated GF Value™ of €6.78. GuruFocus considers MLP SE to be Modestly Overvalued.

Key valuation signals for WBO:MLP:

  • E10: €0.49
  • GF Value™: €6.78 vs. price of €7.90 (16.5% above fair value)
  • GF Score™: 79/100 with 6 warning signs

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


MLP SE Business Description

Other Exchanges MLPd:UK0NDP:UKMLP:Germany
Address Alte Heerstrasse 40, Wiesloch, BW, DEU, 69168
MLP SE is a holding company providing financial and economic consulting services to private, corporate, and institutional clients, covering retirement provision, wealth management, insurance, loans, and banking. It operates through segments, including the Financial Consulting segment, which generates the majority of revenue, driven by retirement planning, health and non-life insurance, loans and mortgages, and wealth management. The Banking segment includes services such as accounts, cards, and interest rate business, while the FERI segment contributes through wealth management consulting. The DOMCURA and Industrial Broker segments mainly generate revenue from insurance brokerage and administration, particularly in non-life insurance for private and commercial clients.
79GF Score

Get the complete analysis for WBO:MLP

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

€7.90
Price
€6.78
GF Value