UniCredit SpA (XSWX:UCG) E10: CHF1.64 (As of Jun. 2026)

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XSWX:UCG UniCredit SpA XSWX:UCG
62 GF Score
Price CHF76.28
GF Value CHF40.67
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is UniCredit SpA E10?

UniCredit SpA XSWX:UCG 62 E10 is CHF1.64 as of Jun. 2026. GuruFocus rates XSWX:UCG with a GF Score™ of 62/100 and a GF Value™ of CHF40.67 (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.

UniCredit SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was CHF1.785. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF1.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, UniCredit SpA's average E10 Growth Rate was 40.10% 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 UniCredit SpA was 41.80% per year. The lowest was -3.50% per year. And the median was 33.60% per year.

As of today (2026-08-16), UniCredit SpA's current stock price is CHF76.28. UniCredit SpA's E10 for the quarter that ended in Jun. 2026 was CHF1.64. UniCredit SpA's Shiller PE Ratio of today is 46.51.

During the past 13 years, the highest Shiller PE Ratio of UniCredit SpA was 48.73. The lowest was 33.69. And the median was 41.19.


UniCredit SpA  (XSWX:UCG) 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.

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

Shiller PE Ratio=Share Price/E10
=76.28/1.64
=46.51

* 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 UniCredit SpA was 48.73. The lowest was 33.69. And the median was 41.19.


Be Aware

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


UniCredit SpA E10 Related Terms


UniCredit SpA E10 Historical Data

* Premium members only.

The historical data trend for UniCredit SpA'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.

UniCredit SpA E10 Chart

UniCredit SpA 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 0.00 0.00 0.00 0.00 0.00

UniCredit SpA 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 0.00 0.00 0.00 0.00 1.64

XSWX:UCG vs PNC: E10 Comparison

For the Banks - Regional subindustry, UniCredit SpA'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.


UniCredit SpA Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, UniCredit SpA's Shiller PE Ratio distribution charts can be found below:

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


XSWX:UCG
62GF Score
UniCredit SpA XSWX:UCG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UniCredit SpA 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, UniCredit SpA'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)
=1.785/126.4000*126.4000
=1.785

Current CPI (Jun. 2026) = 126.4000.

UniCredit SpA Quarterly Data

per share eps CPI Adj_EPS
201609 0.396 100.100 0.500
201612 -11.933 100.300 -15.038
201703 0.788 101.000 0.986
201706 0.462 101.100 0.578
201709 1.453 101.200 1.815
201712 0.403 101.200 0.503
201803 0.584 101.800 0.725
201806 0.531 102.400 0.655
201809 0.015 102.600 0.018
201812 0.936 102.300 1.157
201903 0.596 102.800 0.733
201906 0.899 103.100 1.102
201909 0.576 102.900 0.708
201912 -0.469 102.800 -0.577
202003 -1.282 102.900 -1.575
202006 0.172 102.900 0.211
202009 0.328 102.300 0.405
202012 -0.570 102.600 -0.702
202103 0.438 103.700 0.534
202106 0.493 104.200 0.598
202109 0.516 104.900 0.622
202112 -0.416 106.600 -0.493
202203 0.128 110.400 0.147
202206 0.991 112.500 1.113
202209 0.825 114.200 0.913
202212 1.256 119.000 1.334
202303 1.059 118.800 1.127
202306 1.241 119.700 1.310
202309 1.266 120.300 1.330
202312 1.548 119.700 1.635
202403 1.469 120.200 1.545
202406 1.581 120.700 1.656
202409 1.502 121.200 1.566
202412 0.962 121.200 1.003
202503 1.710 122.500 1.764
202506 2.026 122.700 2.087
202509 1.618 123.100 1.661
202512 1.138 122.600 1.173
202603 1.957 124.560 1.986
202606 1.785 126.400 1.785

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 CHF1.64 mean?
UniCredit SpA (XSWX:UCG) has a E10 of CHF1.64 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on UniCredit SpA and its competitors.
Is UniCredit SpA's E10 too high?
UniCredit SpA's current E10 is CHF1.64. Overall, UniCredit SpA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UniCredit SpA's E10 compare to PNC?
UniCredit SpA's E10 of CHF1.64 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 UniCredit SpA and its competitors. UniCredit SpA's current E10 is CHF1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UniCredit SpA stock overvalued right now?
Based on GuruFocus' analysis, UniCredit SpA (XSWX:UCG) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF40.67, compared to a current price of CHF76.28 — trading 87.6% above its estimated fair value. The current E10 is CHF1.64. UniCredit SpA's overall GF Score™ is 62/100 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 UniCredit SpA (XSWX:UCG), the current E10 is CHF1.64 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 UniCredit SpA (XSWX:UCG) Overvalued in 2026?

Based on GuruFocus' analysis, UniCredit SpA stock appears to be overvalued. The current stock price of CHF76.28 is trading 87.6% above its estimated GF Value™ of CHF40.67. GuruFocus considers UniCredit SpA to be Significantly Overvalued.

Key valuation signals for XSWX:UCG:

  • E10: CHF1.64
  • GF Value™: CHF40.67 vs. price of CHF76.28 (87.6% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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


UniCredit SpA Business Description

Address Piazza Gae Aulenti 3, Tower A, Milan, ITA, 20154
UniCredit is one of the two largest Italian retail and commercial banks, but roughly half of its operations are outside Italy. UniCredit has a strong presence in Germany, Austria, and Central and Eastern Europe. It generates most of its revenue from retail banking but also maintains a sizable corporate and investment bank. It is is expanding its reach into asset management and insurance.
62GF Score

Get the complete analysis for XSWX:UCG

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

CHF76.28
Price
CHF40.67
GF Value