VF (XBUL:VFP) E10: лв1.11 (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.

XBUL:VFP VF Corp XBUL:VFP
72 GF Score
Price лв12.47
GF Value лв13.64
! 4 Warning Signs
View Full Analysis

What is VF E10?

VF XBUL:VFP 72 E10 is лв1.11 as of Jun. 2026. GuruFocus rates XBUL:VFP with a GF Score™ of 72/100 and a GF Value™ of лв13.64. 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.

VF's adjusted earnings per share data for the three months ended in Jun. 2026 was лв-0.424. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв1.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, VF's average E10 Growth Rate was -12.90% per year. During the past 3 years, the average E10 Growth Rate was -16.80% per year. During the past 5 years, the average E10 Growth Rate was -10.90% per year. During the past 10 years, the average E10 Growth Rate was -2.00% 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 VF was 18.40% per year. The lowest was -16.80% per year. And the median was 6.60% per year.

As of today (2026-08-20), VF's current stock price is лв12.468. VF's E10 for the quarter that ended in Jun. 2026 was лв1.11. VF's Shiller PE Ratio of today is 11.23.

During the past 13 years, the highest Shiller PE Ratio of VF was 40.61. The lowest was 5.79. And the median was 23.73.


VF  (XBUL:VFP) 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.

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

Shiller PE Ratio=Share Price/E10
=12.468/1.11
=11.23

* 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 VF was 40.61. The lowest was 5.79. And the median was 23.73.


Be Aware

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


VF E10 Related Terms


VF E10 Historical Data

* Premium members only.

The historical data trend for VF'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.

VF E10 Chart

VF Annual Data
Trend Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.11

VF 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 1.29 0.99 1.10 1.11 1.11

XBUL:VFP vs KTB, LEVI, ZGN: E10 Comparison

For the Apparel Manufacturing subindustry, VF'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.


VF Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VF's Shiller PE Ratio distribution charts can be found below:

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


XBUL:VFP
72GF Score
VF Corp XBUL:VFP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VF 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, VF'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)
=-0.424/333.9520*333.9520
=-0.424

Current CPI (Jun. 2026) = 333.9520.

VF Quarterly Data

per share eps CPI Adj_EPS
201609 1.968 241.428 2.722
201612 1.069 241.432 1.479
201703 0.882 243.801 1.208
201706 0.458 244.955 0.624
201709 1.645 246.819 2.226
201712 -0.390 246.524 -0.528
201803 1.069 249.554 1.431
201806 0.679 251.989 0.900
201809 2.137 252.439 2.827
201812 1.968 251.233 2.616
201903 0.543 254.202 0.713
201906 0.204 256.143 0.266
201909 2.731 256.759 3.552
201912 1.968 256.974 2.558
202003 -2.103 258.115 -2.721
202006 -1.238 257.797 -1.604
202009 1.120 260.280 1.437
202012 1.493 260.474 1.914
202103 0.390 264.877 0.492
202106 1.391 271.696 1.710
202109 2.002 274.310 2.437
202112 2.239 278.802 2.682
202203 0.356 287.504 0.414
202206 -0.237 296.311 -0.267
202209 -0.526 296.808 -0.592
202212 2.222 296.797 2.500
202303 -0.933 301.836 -1.032
202306 -0.254 305.109 -0.278
202309 -1.968 307.789 -2.135
202312 -0.187 306.746 -0.204
202403 -1.832 312.332 -1.959
202406 -1.137 314.175 -1.209
202409 0.221 315.301 0.234
202412 0.729 315.605 0.771
202503 -0.662 319.799 -0.691
202506 -0.509 322.561 -0.527
202509 0.814 324.800 0.837
202512 1.289 324.054 1.328
202603 -0.526 330.213 -0.532
202606 -0.424 333.952 -0.424

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 лв1.11 mean?
VF (XBUL:VFP) has a E10 of лв1.11 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on VF and its competitors.
Is VF's E10 too high?
VF's current E10 is лв1.11. Overall, VF has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does VF's E10 compare to KTB and LEVI?
VF's E10 of лв1.11 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 VF and its competitors. VF's current E10 is лв1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VF stock overvalued right now?
VF (XBUL:VFP) has a current E10 of лв1.11. The stock's GF Value™ is лв13.64, compared to a current price of лв12.47 — trading 8.6% below its estimated fair value. The current E10 is лв1.11. VF's overall GF Score™ is 72/100 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 VF (XBUL:VFP), the current E10 is лв1.11 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 VF (XBUL:VFP) Overvalued in 2026?

Based on GuruFocus' analysis, VF stock appears to be undervalued. The current stock price of лв12.47 is trading 8.6% below its estimated GF Value™ of лв13.64.

Key valuation signals for XBUL:VFP:

  • E10: лв1.11
  • GF Value™: лв13.64 vs. price of лв12.47 (8.6% below fair value)
  • GF Score™: 72/100 with 4 warning signs

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


VF Business Description

Address 1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of 10 brands includes Vans, The North Face, Timberland, and Altra. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and divestitures.
72GF Score

Get the complete analysis for XBUL:VFP

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

лв12.47
Price
лв13.64
GF Value