Capex (BUE:CAPX) E10: ARS20.94 (As of Jan. 2026)


BUE:CAPX Capex SA BUE:CAPX
69 GF Score
Price ARS4,135.00
GF Value ARS5,274.45
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Capex E10?

Capex BUE:CAPX +1.10% 69 E10 is ARS20.94 as of Jan. 2026. GuruFocus rates BUE:CAPX with a GF Score™ of 69/100 and a GF Value™ of ARS5,274.45 (Modestly Undervalued). 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.

Capex's adjusted earnings per share data for the three months ended in Jan. 2026 was ARS94.513. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS20.94 for the trailing ten years ended in Jan. 2026.

During the past 12 months, Capex's average E10 Growth Rate was -58.80% per year. During the past 3 years, the average E10 Growth Rate was 73.50% per year. During the past 5 years, the average E10 Growth Rate was 92.70% 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 Capex was 178.30% per year. The lowest was 53.30% per year. And the median was 73.50% per year.

As of today (2026-06-28), Capex's current stock price is ARS4135.00. Capex's E10 for the quarter that ended in Jan. 2026 was ARS20.94. Capex's Shiller PE Ratio of today is 197.47.

During the past 13 years, the highest Shiller PE Ratio of Capex was 1318.75. The lowest was 13.04. And the median was 68.94.


Capex  (BUE:CAPX) 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.

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

Shiller PE Ratio=Share Price/E10
=4135.00/20.94
=197.47

* 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 Capex was 1318.75. The lowest was 13.04. And the median was 68.94.


Be Aware

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


Capex E10 Related Terms


Capex E10 Historical Data

* Premium members only.

The historical data trend for Capex'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.

Capex E10 Chart

Capex Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 6.51 49.99 21.90 34.01

Capex Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 50.82 34.01 22.50 11.16 20.94

BUE:CAPX vs COP, EOG, OXY: E10 Comparison

For the Oil & Gas E&P subindustry, Capex'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.


Capex Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Capex's Shiller PE Ratio distribution charts can be found below:

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


BUE:CAPX
69GF Score
Capex SA BUE:CAPX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capex 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, Capex's adjusted earnings per share data for the three months ended in Jan. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=94.513/325.2520*325.2520
=94.513

Current CPI (Jan. 2026) = 325.2520.

Capex Quarterly Data

per share eps CPI Adj_EPS
201604 0.491 239.261 0.667
201607 0.389 240.628 0.526
201610 0.951 241.729 1.280
201701 0.528 242.839 0.707
201704 1.266 244.524 1.684
201707 -0.104 244.786 -0.138
201710 1.505 246.663 1.985
201801 1.612 247.867 2.115
201804 2.225 250.546 2.888
201807 -1.226 252.006 -1.582
201810 0.217 252.885 0.279
201901 6.745 251.712 8.716
201904 5.758 255.548 7.329
201907 8.232 256.571 10.436
201910 -1.578 257.346 -1.994
202001 9.685 257.971 12.211
202004 -10.396 256.389 -13.188
202007 -2.978 259.101 -3.738
202010 3.589 260.388 4.483
202101 -14.278 261.582 -17.753
202104 8.353 267.054 10.173
202107 11.415 273.003 13.600
202110 25.376 276.589 29.841
202201 -10.865 281.148 -12.569
202204 18.160 289.109 20.430
202207 68.736 296.276 75.458
202210 -30.574 298.012 -33.369
202301 -5.385 299.170 -5.854
202304 397.087 303.363 425.739
202307 8.596 305.691 9.146
202310 -38.862 307.671 -41.083
202401 -566.170 308.417 -597.074
202404 306.985 313.548 318.444
202407 98.842 314.540 102.208
202410 209.564 315.664 215.929
202501 -23.778 317.671 -24.345
202504 -173.694 320.795 -176.107
202507 -117.132 323.048 -117.931
202510 -114.486 0.000
202601 94.513 325.252 94.513

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 ARS20.94 mean?
Capex (BUE:CAPX) has a E10 of ARS20.94 as of Jan. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Capex and its competitors.
Is Capex's E10 too high?
Capex's current E10 is ARS20.94. Overall, Capex has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Capex's E10 compare to COP and EOG?
Capex's E10 of ARS20.94 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Capex and its competitors. Capex's current E10 is ARS20.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capex stock overvalued right now?
Based on GuruFocus' analysis, Capex (BUE:CAPX) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS5,274.45, compared to a current price of ARS4,135.00 — trading 21.6% below its estimated fair value. The current E10 is ARS20.94. Capex's overall GF Score™ is 69/100 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 Capex (BUE:CAPX), the current E10 is ARS20.94 as of Jan. 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 Capex (BUE:CAPX) Overvalued in 2026?

Based on GuruFocus' analysis, Capex stock appears to be undervalued. The current stock price of ARS4,135.00 is trading 21.6% below its estimated GF Value™ of ARS5,274.45. GuruFocus considers Capex to be Modestly Undervalued.

Key valuation signals for BUE:CAPX:

  • E10: ARS20.94
  • GF Value™: ARS5,274.45 vs. price of ARS4,135.00 (21.6% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Capex Business Description

Industry EnergyOil & Gas
Address Carlos F. Melo 630, Vicente Lopez, Buenos Aires, ARG, 1638
Capex SA is an Argentina based company predominantly engaged in generation of electricity. It operates in the business segments of Oil and Gas which consists the exploration, production and sale of oil and gas, Energy which is engaged in electric power generation, LPG which involves the production and sale of gas derived liquid fuel, and Renewable energies segment which consists of wind electric power generation activities, Hydrogen Energy which involves generation of electric power with hydrogen activities, and Oxygen which includes the oxygen production and sale operations. It derives a majority of the revenue from the Oil and Gas segment.
69GF Score

Get the complete analysis for BUE:CAPX

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

ARS4,135.00
Price
ARS5,274.45
GF Value