Vertex Pharmaceuticals (WBO:VRTX) E10: €8.23 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:VRTX Vertex Pharmaceuticals Inc WBO:VRTX
88 GF Score
Price €423.55
GF Value €442.85
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Vertex Pharmaceuticals E10?

Vertex Pharmaceuticals WBO:VRTX +0.95% 88 E10 is €8.23 as of Jun. 2026. GuruFocus rates WBO:VRTX with a GF Score™ of 88/100 and a GF Value™ of €442.85 (Fairly Valued). 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.

Vertex Pharmaceuticals's adjusted earnings per share data for the three months ended in Jun. 2026 was €3.741. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €8.23 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Vertex Pharmaceuticals's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 26.60% per year. During the past 5 years, the average E10 Growth Rate was 38.90% 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 Vertex Pharmaceuticals was 413.40% per year. The lowest was -23.60% per year. And the median was -3.30% per year.

As of today (2026-08-08), Vertex Pharmaceuticals's current stock price is €423.55. Vertex Pharmaceuticals's E10 for the quarter that ended in Jun. 2026 was €8.23. Vertex Pharmaceuticals's Shiller PE Ratio of today is 51.46.

During the past 13 years, the highest Shiller PE Ratio of Vertex Pharmaceuticals was 8209.67. The lowest was 48.01. And the median was 80.09.


Vertex Pharmaceuticals  (WBO:VRTX) 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.

Vertex Pharmaceuticals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=423.55/8.23
=51.46

* 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 Vertex Pharmaceuticals was 8209.67. The lowest was 48.01. And the median was 80.09.


Be Aware

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


Vertex Pharmaceuticals E10 Related Terms


Vertex Pharmaceuticals E10 Historical Data

* Premium members only.

The historical data trend for Vertex Pharmaceuticals'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.

Vertex Pharmaceuticals E10 Chart

Vertex Pharmaceuticals 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 2.28 3.79 5.35 6.05 7.11

Vertex Pharmaceuticals 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 6.15 6.54 7.11 7.62 8.23

WBO:VRTX vs REGN, RVMD, ALNY: E10 Comparison

For the Biotechnology subindustry, Vertex Pharmaceuticals'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.


Vertex Pharmaceuticals Shiller PE Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vertex Pharmaceuticals's Shiller PE Ratio distribution charts can be found below:

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


WBO:VRTX
88GF Score
Vertex Pharmaceuticals Inc WBO:VRTX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vertex Pharmaceuticals 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, Vertex Pharmaceuticals'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)
=3.741/333.9520*333.9520
=3.741

Current CPI (Jun. 2026) = 333.9520.

Vertex Pharmaceuticals Quarterly Data

per share eps CPI Adj_EPS
201609 -0.143 241.428 -0.198
201612 0.123 241.432 0.170
201703 0.926 243.801 1.268
201706 0.062 244.955 0.085
201709 -0.344 246.819 -0.465
201712 0.330 246.524 0.447
201803 0.657 249.554 0.879
201806 0.685 251.989 0.908
201809 0.429 252.439 0.568
201812 5.248 251.233 6.976
201903 0.912 254.202 1.198
201906 0.912 256.143 1.189
201909 0.200 256.759 0.260
201912 2.007 256.974 2.608
202003 2.072 258.115 2.681
202006 2.824 257.797 3.658
202009 2.148 260.280 2.756
202012 1.891 260.474 2.424
202103 2.092 264.877 2.638
202106 0.216 271.696 0.265
202109 2.788 274.310 3.394
202112 2.655 278.802 3.180
202203 2.688 287.504 3.122
202206 2.961 296.311 3.337
202209 3.626 296.808 4.080
202212 2.974 296.797 3.346
202303 2.512 301.836 2.779
202306 3.249 305.109 3.556
202309 3.720 307.789 4.036
202312 3.402 306.746 3.704
202403 3.873 312.332 4.141
202406 -12.932 314.175 -13.746
202409 3.613 315.301 3.827
202412 3.343 315.605 3.537
202503 2.303 319.799 2.405
202506 3.459 322.561 3.581
202509 3.578 324.800 3.679
202512 3.971 324.054 4.092
202603 3.477 330.213 3.516
202606 3.741 333.952 3.741

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 €8.23 mean?
Vertex Pharmaceuticals (WBO:VRTX) has a E10 of €8.23 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vertex Pharmaceuticals and its competitors.
Is Vertex Pharmaceuticals' E10 too high?
Vertex Pharmaceuticals' current E10 is €8.23. Overall, Vertex Pharmaceuticals has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vertex Pharmaceuticals' E10 compare to REGN and RVMD?
Vertex Pharmaceuticals' E10 of €8.23 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good E10 depends on the Biotechnology 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 Vertex Pharmaceuticals and its competitors. Vertex Pharmaceuticals's current E10 is €8.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertex Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Vertex Pharmaceuticals (WBO:VRTX) is currently considered Fairly Valued. The stock's GF Value™ is €442.85, compared to a current price of €423.55 — trading 4.4% below its estimated fair value. The current E10 is €8.23. Vertex Pharmaceuticals' overall GF Score™ is 88/100 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 Vertex Pharmaceuticals (WBO:VRTX), the current E10 is €8.23 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 Vertex Pharmaceuticals (WBO:VRTX) Overvalued in 2026?

Based on GuruFocus' analysis, Vertex Pharmaceuticals stock appears to be undervalued. The current stock price of €423.55 is trading 4.4% below its estimated GF Value™ of €442.85. GuruFocus considers Vertex Pharmaceuticals to be Fairly Valued.

Key valuation signals for WBO:VRTX:

  • E10: €8.23
  • GF Value™: €442.85 vs. price of €423.55 (4.4% below fair value)
  • GF Score™: 88/100 with 4 warning signs

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


Vertex Pharmaceuticals Business Description

Address 50 Northern Avenue, Boston, MA, USA, 02210
Vertex Pharmaceuticals is a global biotechnology company that discovers and develops small-molecule drugs for the treatment of serious diseases. Its key drugs are Kalydeco, Orkambi, Symdeko, and Trikafta/Kaftrio, and Alyftrek for cystic fibrosis, where Vertex therapies remain the standard of care globally. Vertex has diversified its portfolio through Casgevy, a gene-editing therapy for beta thalassemia and sickle-cell disease, and Journavx, a non-opioid pain medication approved for the treatment of moderate-to-severe acute pain in adults. Additionally, Vertex is evaluating small-molecule inhibitors of APOL1-mediated kidney diseases. Vertex is also investigating cell therapies to deliver a potential functional cure for type 1 diabetes.
88GF Score

Get the complete analysis for WBO:VRTX

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

€423.55
Price
€442.85
GF Value