MRV Engenharia e Participacoes (BSP:MRVE3) E10: R$0.86 (As of Mar. 2026)


BSP:MRVE3 MRV Engenharia e Participacoes SA BSP:MRVE3
66 GF Score
Price R$5.24
GF Value R$9.62
Valuation Possible Value Trap
! 5 Warning Signs
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What is MRV Engenharia e Participacoes E10?

MRV Engenharia e Participacoes BSP:MRVE3 +1.16% 66 E10 is R$0.86 as of Mar. 2026. GuruFocus rates BSP:MRVE3 with a GF Score™ of 66/100 and a GF Value™ of R$9.62 (Possible Value Trap). The stock has 5 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.

MRV Engenharia e Participacoes's adjusted earnings per share data for the three months ended in Mar. 2026 was R$-0.138. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MRV Engenharia e Participacoes's average E10 Growth Rate was -26.50% per year. During the past 3 years, the average E10 Growth Rate was -17.70% per year. During the past 5 years, the average E10 Growth Rate was -11.40% 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 MRV Engenharia e Participacoes was 1.40% per year. The lowest was -17.70% per year. And the median was -3.20% per year.

As of today (2026-06-29), MRV Engenharia e Participacoes's current stock price is R$5.24. MRV Engenharia e Participacoes's E10 for the quarter that ended in Mar. 2026 was R$0.86. MRV Engenharia e Participacoes's Shiller PE Ratio of today is 6.09.

During the past 13 years, the highest Shiller PE Ratio of MRV Engenharia e Participacoes was 12.81. The lowest was 3.39. And the median was 7.07.


MRV Engenharia e Participacoes  (BSP:MRVE3) 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.

MRV Engenharia e Participacoes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.24/0.86
=6.09

* 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 MRV Engenharia e Participacoes was 12.81. The lowest was 3.39. And the median was 7.07.


Be Aware

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


MRV Engenharia e Participacoes E10 Related Terms


MRV Engenharia e Participacoes E10 Historical Data

* Premium members only.

The historical data trend for MRV Engenharia e Participacoes'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.

MRV Engenharia e Participacoes E10 Chart

MRV Engenharia e Participacoes 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 1.77 1.63 1.55 1.25 0.91

MRV Engenharia e Participacoes 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 1.17 0.98 0.95 0.91 0.86

MRV Engenharia e Participacoes E10 Competitor Comparison

For the Real Estate - Development subindustry, MRV Engenharia e Participacoes'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.


MRV Engenharia e Participacoes Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MRV Engenharia e Participacoes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MRV Engenharia e Participacoes's Shiller PE Ratio falls into.


BSP:MRVE3
66GF Score
MRV Engenharia e Participacoes SA BSP:MRVE3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MRV Engenharia e Participacoes 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, MRV Engenharia e Participacoes'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)
=-0.138/175.0655*175.0655
=-0.138

Current CPI (Mar. 2026) = 175.0655.

MRV Engenharia e Participacoes Quarterly Data

per share eps CPI Adj_EPS
201606 0.311 108.851 0.500
201609 0.337 109.986 0.536
201612 0.321 110.802 0.507
201703 0.294 111.869 0.460
201706 0.317 112.115 0.495
201709 0.455 112.777 0.706
201712 0.406 114.068 0.623
201803 0.358 114.868 0.546
201806 0.373 117.038 0.558
201809 0.391 117.881 0.581
201812 0.429 118.340 0.635
201903 0.426 120.124 0.621
201906 0.428 120.977 0.619
201909 0.359 121.292 0.518
201912 0.341 123.436 0.484
202003 0.221 124.092 0.312
202006 0.226 123.557 0.320
202009 0.290 125.095 0.406
202012 0.406 129.012 0.551
202103 0.282 131.660 0.375
202106 0.418 133.871 0.547
202109 0.341 137.913 0.433
202112 0.619 141.992 0.763
202203 0.150 146.537 0.179
202206 0.119 149.784 0.139
202209 0.005 147.800 0.006
202212 -0.648 150.207 -0.755
202303 0.063 153.352 0.072
202306 0.374 154.519 0.424
202309 -0.247 155.464 -0.278
202312 -0.206 157.148 -0.229
202403 -0.301 159.372 -0.331
202406 -0.127 161.052 -0.138
202409 -0.023 162.342 -0.025
202412 -0.444 164.740 -0.472
202503 -0.638 168.102 -0.664
202506 -1.442 169.670 -1.488
202509 0.154 170.739 0.158
202512 0.074 171.765 0.075
202603 -0.138 175.066 -0.138

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 R$0.86 mean?
MRV Engenharia e Participacoes (BSP:MRVE3) has a E10 of R$0.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MRV Engenharia e Participacoes and its competitors.
Is MRV Engenharia e Participacoes' E10 too high?
MRV Engenharia e Participacoes' current E10 is R$0.86. Overall, MRV Engenharia e Participacoes has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MRV Engenharia e Participacoes' E10 compare to competitors?
MRV Engenharia e Participacoes' E10 of R$0.86 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 MRV Engenharia e Participacoes and its competitors. MRV Engenharia e Participacoes's current E10 is R$0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRV Engenharia e Participacoes stock overvalued right now?
Based on GuruFocus' analysis, MRV Engenharia e Participacoes (BSP:MRVE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.62, compared to a current price of R$5.24 — trading 45.5% below its estimated fair value. The current E10 is R$0.86. MRV Engenharia e Participacoes' overall GF Score™ is 66/100 with 5 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 MRV Engenharia e Participacoes (BSP:MRVE3), the current E10 is R$0.86 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 MRV Engenharia e Participacoes (BSP:MRVE3) Overvalued in 2026?

Based on GuruFocus' analysis, MRV Engenharia e Participacoes stock appears to be undervalued. The current stock price of R$5.24 is trading 45.5% below its estimated GF Value™ of R$9.62. GuruFocus considers MRV Engenharia e Participacoes to be Possible Value Trap.

Key valuation signals for BSP:MRVE3:

  • E10: R$0.86
  • GF Value™: R$9.62 vs. price of R$5.24 (45.5% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the BSP:MRVE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRV Engenharia e Participacoes Business Description

Address 621 Professor Mario Werneck Avenida, Estoril, 1st Floor, Belo Horizonte, MG, BRA, 30455-610
MRV Engenharia e Participacoes SA is engaged in the management of own and third-party assets, development, construction and sale of Company-owned or third-party real estate, the provision of technical engineering services related to the functions of the technicians in charge, real estate consultancy services, dealing service of goods and services supply in residential real estate segment and holding equity interests in other companies as a shareholder. Real estate development and the construction of real estate are performed directly by the Company or other business partners. The operating segments of the company are Real estate development, Luggo, Resia and Land development. With the majority of revenue is from Real estate development.
66GF Score

Get the complete analysis for BSP:MRVE3

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

R$5.24
Price
R$9.62
GF Value