The Travelers (WBO:TRV) E10: € (As of Jun. 2026)

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WBO:TRV The Travelers Companies Inc WBO:TRV
68 GF Score
Price €326.80
GF Value €242.65
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is The Travelers E10?

The Travelers WBO:TRV -0.76% 68 E10 is € as of Jun. 2026. GuruFocus rates WBO:TRV with a GF Score™ of 68/100 and a GF Value™ of €242.65 (Significantly Overvalued). The stock has 7 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.

The Travelers's adjusted earnings per share data for the three months ended in Jun. 2026 was €8.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, The Travelers's average E10 Growth Rate was 20.00% per year. During the past 3 years, the average E10 Growth Rate was 7.90% per year. During the past 5 years, the average E10 Growth Rate was 9.30% per year. During the past 10 years, the average E10 Growth Rate was 7.50% 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 The Travelers was 19.50% per year. The lowest was -7.00% per year. And the median was 7.20% per year.

As of today (2026-09-22), The Travelers's current stock price is €326.80. The Travelers's E10 for the quarter that ended in Jun. 2026 was . The Travelers's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of The Travelers was 22.67. The lowest was 9.83. And the median was 15.45.


The Travelers  (WBO:TRV) 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 The Travelers was 22.67. The lowest was 9.83. And the median was 15.45.


Be Aware

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


The Travelers E10 Related Terms


The Travelers E10 Historical Data

* Premium members only.

The historical data trend for The Travelers'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.

The Travelers E10 Chart

The Travelers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
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The Travelers Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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WBO:TRV vs ALL, PGR, CINF: E10 Comparison

For the Insurance - Property & Casualty subindustry, The Travelers'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.


The Travelers Shiller PE Ratio vs Insurance Industry

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

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


WBO:TRV
68GF Score
The Travelers Companies Inc WBO:TRV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Travelers 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, The Travelers'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)
=8.8301/333.9520*333.9520
=8.830

Current CPI (Jun. 2026) = 333.9520.

The Travelers Quarterly Data

per share eps CPI Adj_EPS
201609 2.195 241.428 3.037
201612 3.048 241.432 4.216
201703 2.037 243.801 2.790
201706 1.915 244.955 2.610
201709 0.896 246.819 1.213
201712 1.685 246.524 2.283
201803 1.973 249.554 2.640
201806 1.610 251.989 2.134
201809 2.255 252.439 2.983
201812 2.030 251.233 2.698
201903 2.631 254.202 3.456
201906 1.866 256.143 2.433
201909 1.350 256.759 1.756
201912 3.020 256.974 3.925
202003 2.111 258.115 2.731
202006 -0.148 257.797 -0.192
202009 2.764 260.280 3.546
202012 4.313 260.474 5.529
202103 2.379 264.877 2.999
202106 3.040 271.696 3.737
202109 2.228 274.310 2.713
202112 4.698 278.802 5.627
202203 3.698 287.504 4.295
202206 2.144 296.311 2.417
202209 1.878 296.808 2.113
202212 3.379 296.797 3.802
202303 3.849 301.836 4.258
202306 -0.060 305.109 -0.066
202309 1.595 307.789 1.731
202312 6.496 306.746 7.072
202403 4.428 312.332 4.735
202406 2.123 314.175 2.256
202409 4.934 315.301 5.226
202412 8.400 315.605 8.888
202503 1.617 319.799 1.688
202506 5.764 322.561 5.967
202509 7.053 324.800 7.251
202512 9.501 324.054 9.791
202603 6.649 330.213 6.725
202606 8.830 333.952 8.830

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 € mean?
The Travelers (WBO:TRV) has a E10 of € as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on The Travelers and its competitors.
Is The Travelers' E10 too high?
The Travelers' current E10 is €. Overall, The Travelers has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Travelers' E10 compare to ALL and PGR?
The Travelers' E10 of € 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 The Travelers and its competitors. The Travelers's current E10 is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Travelers stock overvalued right now?
Based on GuruFocus' analysis, The Travelers (WBO:TRV) is currently considered Significantly Overvalued. The stock's GF Value™ is €242.65, compared to a current price of €326.80 — trading 34.7% above its estimated fair value. The current E10 is €. The Travelers' overall GF Score™ is 68/100 with 7 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 The Travelers (WBO:TRV), the current E10 is € 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 The Travelers (WBO:TRV) Overvalued in 2026?

Based on GuruFocus' analysis, The Travelers stock appears to be overvalued. The current stock price of €326.80 is trading 34.7% above its estimated GF Value™ of €242.65. GuruFocus considers The Travelers to be Significantly Overvalued.

Key valuation signals for WBO:TRV:

  • E10:
  • GF Value™: €242.65 vs. price of €326.80 (34.7% above fair value)
  • GF Score™: 68/100 with 7 warning signs

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


The Travelers Business Description

Address 485 Lexington Avenue, New York, NY, USA, 10017
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance.
68GF Score

Get the complete analysis for WBO:TRV

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

€326.80
Price
€242.65
GF Value