Grupo Argos (BOG:GRUPOARGOS) E10: COP1,715.05 (As of Mar. 2026)


BOG:GRUPOARGOS Grupo Argos SA BOG:GRUPOARGOS
40 GF Score
Price COP17,560.00
GF Value COP11,962.05
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Grupo Argos E10?

Grupo Argos BOG:GRUPOARGOS +0.92% 40 E10 is COP1,715.05 as of Mar. 2026. GuruFocus rates BOG:GRUPOARGOS with a GF Score™ of 40/100 and a GF Value™ of COP11,962.05 (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.

Grupo Argos's adjusted earnings per share data for the three months ended in Mar. 2026 was COP126.836. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is COP1,715.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Grupo Argos's average E10 Growth Rate was 16.30% per year. During the past 3 years, the average E10 Growth Rate was 33.00% per year. During the past 5 years, the average E10 Growth Rate was 24.90% 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 Grupo Argos was 33.00% per year. The lowest was 13.90% per year. And the median was 28.30% per year.

As of today (2026-07-04), Grupo Argos's current stock price is COP17560.00. Grupo Argos's E10 for the quarter that ended in Mar. 2026 was COP1,715.05. Grupo Argos's Shiller PE Ratio of today is 10.24.

During the past 13 years, the highest Shiller PE Ratio of Grupo Argos was 14.83. The lowest was 5.39. And the median was 9.48.


Grupo Argos  (BOG:GRUPOARGOS) 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.

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

Shiller PE Ratio=Share Price/E10
=17560.00/1715.05
=10.24

* 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 Grupo Argos was 14.83. The lowest was 5.39. And the median was 9.48.


Be Aware

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


Grupo Argos E10 Related Terms


Grupo Argos E10 Historical Data

* Premium members only.

The historical data trend for Grupo Argos'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.

Grupo Argos E10 Chart

Grupo Argos 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 626.27 718.40 854.19 1,324.07 1,688.23

Grupo Argos 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 1,474.13 1,450.29 1,650.97 1,688.23 1,715.05

BOG:GRUPOARGOS vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Grupo Argos'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.


Grupo Argos Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grupo Argos's Shiller PE Ratio distribution charts can be found below:

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


BOG:GRUPOARGOS
40GF Score
Grupo Argos SA BOG:GRUPOARGOS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Argos 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, Grupo Argos'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)
=126.836/330.2130*330.2130
=126.836

Current CPI (Mar. 2026) = 330.2130.

Grupo Argos Quarterly Data

per share eps CPI Adj_EPS
201606 178.655 241.018 244.771
201609 192.516 241.428 263.314
201612 244.858 241.432 334.899
201703 147.449 243.801 199.710
201706 129.285 244.955 174.283
201709 415.291 246.819 555.607
201712 51.640 246.524 69.171
201803 127.697 249.554 168.970
201806 138.948 251.989 182.081
201809 309.976 252.439 405.477
201812 206.519 251.233 271.442
201903 168.255 254.202 218.566
201906 140.663 256.143 181.339
201909 351.600 256.759 452.186
201912 143.893 256.974 184.903
202003 -37.550 258.115 -48.039
202006 11.207 257.797 14.355
202009 7.998 260.280 10.147
202012 -98.325 260.474 -124.650
202103 86.195 264.877 107.456
202106 243.246 271.696 295.636
202109 243.116 274.310 292.662
202112 107.008 278.802 126.740
202203 185.642 287.504 213.219
202206 263.881 296.311 294.073
202209 154.296 296.808 171.662
202212 473.934 296.797 527.294
202303 1,006.857 301.836 1,101.516
202306 359.780 305.109 389.382
202309 218.830 307.789 234.773
202312 8.900 306.746 9.581
202403 4,376.557 312.332 4,627.115
202406 220.380 314.175 231.630
202409 387.790 315.301 406.130
202412 299.350 315.605 313.206
202503 1,412.795 319.799 1,458.802
202506 46.450 322.561 47.552
202509 2,048.630 324.800 2,082.772
202512 327.740 324.054 333.969
202603 126.836 330.213 126.836

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 COP1,715.05 mean?
Grupo Argos (BOG:GRUPOARGOS) has a E10 of COP1,715.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grupo Argos and its competitors.
Is Grupo Argos' E10 too high?
Grupo Argos' current E10 is COP1,715.05. Overall, Grupo Argos has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Argos' E10 compare to CRH and VMC?
Grupo Argos' E10 of COP1,715.05 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Grupo Argos and its competitors. Grupo Argos's current E10 is COP1,715.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Argos stock overvalued right now?
Based on GuruFocus' analysis, Grupo Argos (BOG:GRUPOARGOS) is currently considered Significantly Overvalued. The stock's GF Value™ is COP11,962.05, compared to a current price of COP17,560.00 — trading 46.8% above its estimated fair value. The current E10 is COP1,715.05. Grupo Argos' overall GF Score™ is 40/100 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 Grupo Argos (BOG:GRUPOARGOS), the current E10 is COP1,715.05 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 Grupo Argos (BOG:GRUPOARGOS) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Argos stock appears to be overvalued. The current stock price of COP17,560.00 is trading 46.8% above its estimated GF Value™ of COP11,962.05. GuruFocus considers Grupo Argos to be Significantly Overvalued.

Key valuation signals for BOG:GRUPOARGOS:

  • E10: COP1,715.05
  • GF Value™: COP11,962.05 vs. price of COP17,560.00 (46.8% above fair value)
  • GF Score™: 40/100 with 7 warning signs

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


Grupo Argos Business Description

Other Exchanges PFGRUPOARG:Colombia
Address Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL
Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.
40GF Score

Get the complete analysis for BOG:GRUPOARGOS

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

COP17,560.00
Price
COP11,962.05
GF Value