Deutsche Boerse AG (XSWX:DB1) E10: CHF7.56 (As of Mar. 2026)


XSWX:DB1 Deutsche Boerse AG XSWX:DB1
94 GF Score
Price CHF225.40
GF Value CHF217.37
! 3 Warning Signs
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What is Deutsche Boerse AG E10?

Deutsche Boerse AG XSWX:DB1 -0.97% 94 E10 is CHF7.56 as of Mar. 2026. GuruFocus rates XSWX:DB1 with a GF Score™ of 94/100 and a GF Value™ of CHF217.37. The stock has 3 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.

Deutsche Boerse AG's adjusted earnings per share data for the three months ended in Mar. 2026 was CHF2.922. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF7.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Deutsche Boerse AG's average E10 Growth Rate was 11.60% per year. During the past 3 years, the average E10 Growth Rate was 11.60% per year. During the past 5 years, the average E10 Growth Rate was 12.20% 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 Deutsche Boerse AG was 13.60% per year. The lowest was 4.50% per year. And the median was 10.20% per year.

As of today (2026-06-29), Deutsche Boerse AG's current stock price is CHF225.40. Deutsche Boerse AG's E10 for the quarter that ended in Mar. 2026 was CHF7.56. Deutsche Boerse AG's Shiller PE Ratio of today is 29.81.

During the past 13 years, the highest Shiller PE Ratio of Deutsche Boerse AG was 37.73. The lowest was 17.02. And the median was 28.34.


Deutsche Boerse AG  (XSWX:DB1) 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.

Deutsche Boerse AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=225.40/7.56
=29.81

* 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 Deutsche Boerse AG was 37.73. The lowest was 17.02. And the median was 28.34.


Be Aware

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


Deutsche Boerse AG E10 Related Terms


Deutsche Boerse AG E10 Historical Data

* Premium members only.

The historical data trend for Deutsche Boerse AG'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.

Deutsche Boerse AG E10 Chart

Deutsche Boerse AG 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 4.94 5.24 0.00 0.00 0.00

Deutsche Boerse AG 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 0.00 0.00 0.00 0.00 7.56

XSWX:DB1 vs SPGI, CME, MCO: E10 Comparison

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG'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.


Deutsche Boerse AG Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Deutsche Boerse AG's Shiller PE Ratio falls into.


XSWX:DB1
94GF Score
Deutsche Boerse AG XSWX:DB1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Deutsche Boerse AG 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, Deutsche Boerse AG'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)
=2.922/131.2583*131.2583
=2.922

Current CPI (Mar. 2026) = 131.2583.

Deutsche Boerse AG Quarterly Data

per share eps CPI Adj_EPS
201606 4.357 100.717 5.678
201609 0.874 101.017 1.136
201612 0.968 101.217 1.255
201703 1.607 101.417 2.080
201706 1.022 102.117 1.314
201709 1.250 102.717 1.597
201712 1.343 102.617 1.718
201803 1.566 102.917 1.997
201806 1.307 104.017 1.649
201809 1.378 104.718 1.727
201812 0.869 104.217 1.094
201903 1.696 104.217 2.136
201906 1.630 105.718 2.024
201909 1.473 106.018 1.824
201912 1.266 105.818 1.570
202003 2.120 105.718 2.632
202006 1.500 106.618 1.847
202009 1.336 105.818 1.657
202012 1.348 105.518 1.677
202103 1.915 107.518 2.338
202106 1.848 108.486 2.236
202109 1.780 109.435 2.135
202112 1.592 110.384 1.893
202203 2.344 113.968 2.700
202206 1.905 115.760 2.160
202209 1.956 118.818 2.161
202212 1.929 119.345 2.122
202303 2.557 122.402 2.742
202306 2.351 123.140 2.506
202309 2.074 124.195 2.192
202312 2.075 123.773 2.200
202403 2.608 125.038 2.738
202406 2.612 125.882 2.724
202409 2.275 126.198 2.366
202412 2.576 127.041 2.662
202503 2.732 127.779 2.806
202506 2.598 128.412 2.656
202509 2.420 129.255 2.458
202512 2.501 129.361 2.538
202603 2.922 131.258 2.922

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 CHF7.56 mean?
Deutsche Boerse AG (XSWX:DB1) has a E10 of CHF7.56 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Deutsche Boerse AG and its competitors.
Is Deutsche Boerse AG's E10 too high?
Deutsche Boerse AG's current E10 is CHF7.56. Overall, Deutsche Boerse AG has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Deutsche Boerse AG's E10 compare to SPGI and CME?
Deutsche Boerse AG's E10 of CHF7.56 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Deutsche Boerse AG and its competitors. Deutsche Boerse AG's current E10 is CHF7.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Boerse AG stock overvalued right now?
Deutsche Boerse AG (XSWX:DB1) has a current E10 of CHF7.56. The stock's GF Value™ is CHF217.37, compared to a current price of CHF225.40 — trading 3.7% above its estimated fair value. The current E10 is CHF7.56. Deutsche Boerse AG's overall GF Score™ is 94/100 with 3 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 Deutsche Boerse AG (XSWX:DB1), the current E10 is CHF7.56 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 Deutsche Boerse AG (XSWX:DB1) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Boerse AG stock appears to be overvalued. The current stock price of CHF225.40 is trading 3.7% above its estimated GF Value™ of CHF217.37.

Key valuation signals for XSWX:DB1:

  • E10: CHF7.56
  • GF Value™: CHF217.37 vs. price of CHF225.40 (3.7% above fair value)
  • GF Score™: 94/100 with 3 warning signs

No single metric tells the full story. See the XSWX:DB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deutsche Boerse AG Business Description

Address Mergenthalerallee 61, The Cube, Eschborn, Frankfurt, HE, DEU, 65760
Deutsche Börse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments are Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.
94GF Score

Get the complete analysis for XSWX:DB1

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

CHF225.40
Price
CHF217.37
GF Value