Transportadora de Gas del Norte (BUE:TGNO4) E10: ARS118.34 (As of Jun. 2026)

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BUE:TGNO4 Transportadora de Gas del Norte SA BUE:TGNO4
74 GF Score
Price ARS3,262.50
GF Value ARS4,862.62
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Transportadora de Gas del Norte E10?

Transportadora de Gas del Norte BUE:TGNO4 +0.38% 74 E10 is ARS118.34 as of Jun. 2026. GuruFocus rates BUE:TGNO4 with a GF Score™ of 74/100 and a GF Value™ of ARS4,862.62 (Significantly Undervalued). The stock has 1 warning sign 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.

Transportadora de Gas del Norte's adjusted earnings per share data for the three months ended in Jun. 2026 was ARS148.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS118.34 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Transportadora de Gas del Norte's average E10 Growth Rate was 82.20% 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 Transportadora de Gas del Norte was 315.70% per year. The lowest was -31.90% per year. And the median was 111.45% per year.

As of today (2026-09-14), Transportadora de Gas del Norte's current stock price is ARS3262.50. Transportadora de Gas del Norte's E10 for the quarter that ended in Jun. 2026 was ARS118.34. Transportadora de Gas del Norte's Shiller PE Ratio of today is 27.57.

During the past 13 years, the highest Shiller PE Ratio of Transportadora de Gas del Norte was 288.89. The lowest was 7.06. And the median was 52.57.


Transportadora de Gas del Norte  (BUE:TGNO4) 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.

Transportadora de Gas del Norte's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3262.50/118.34
=27.57

* 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 Transportadora de Gas del Norte was 288.89. The lowest was 7.06. And the median was 52.57.


Be Aware

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


Transportadora de Gas del Norte E10 Related Terms


Transportadora de Gas del Norte E10 Historical Data

* Premium members only.

The historical data trend for Transportadora de Gas del Norte'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.

Transportadora de Gas del Norte E10 Chart

Transportadora de Gas del Norte 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 0.49 -3.97 22.57 35.21 91.33

Transportadora de Gas del Norte 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 64.96 78.09 91.33 102.33 118.34

BUE:TGNO4 vs WMB, EPD, ET: E10 Comparison

For the Oil & Gas Midstream subindustry, Transportadora de Gas del Norte'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.


Transportadora de Gas del Norte Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Transportadora de Gas del Norte's Shiller PE Ratio falls into.


BUE:TGNO4
74GF Score
Transportadora de Gas del Norte SA BUE:TGNO4
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transportadora de Gas del Norte 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, Transportadora de Gas del Norte'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)
=148.91/333.9520*333.9520
=148.910

Current CPI (Jun. 2026) = 333.9520.

Transportadora de Gas del Norte Quarterly Data

per share eps CPI Adj_EPS
201609 -0.266 241.428 -0.368
201612 0.040 241.432 0.055
201703 0.461 243.801 0.631
201706 0.228 244.955 0.311
201709 0.684 246.819 0.925
201712 3.544 246.524 4.801
201803 0.643 249.554 0.860
201806 1.255 251.989 1.663
201809 1.804 252.439 2.387
201812 9.023 251.233 11.994
201903 2.049 254.202 2.692
201906 1.817 256.143 2.369
201909 4.232 256.759 5.504
201912 4.672 256.974 6.072
202003 2.601 258.115 3.365
202006 4.428 257.797 5.736
202009 1.883 260.280 2.416
202012 0.755 260.474 0.968
202103 -2.481 264.877 -3.128
202106 -16.826 271.696 -20.681
202109 -3.693 274.310 -4.496
202112 -13.350 278.802 -15.991
202203 -7.028 287.504 -8.163
202206 -6.090 296.311 -6.864
202209 -9.984 296.808 -11.233
202212 -20.927 296.797 -23.547
202303 96.551 301.836 106.824
202306 24.490 305.109 26.805
202309 -11.330 307.789 -12.293
202312 155.340 306.746 169.117
202403 -109.940 312.332 -117.550
202406 69.510 314.175 73.886
202409 71.810 315.301 76.058
202412 88.480 315.605 93.624
202503 196.680 319.799 205.384
202506 91.070 322.561 94.286
202509 126.580 324.800 130.147
202512 133.060 324.054 137.124
202603 91.750 330.213 92.789
202606 148.910 333.952 148.910

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 ARS118.34 mean?
Transportadora de Gas del Norte (BUE:TGNO4) has a E10 of ARS118.34 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Transportadora de Gas del Norte and its competitors.
Is Transportadora de Gas del Norte's E10 too high?
Transportadora de Gas del Norte's current E10 is ARS118.34. Overall, Transportadora de Gas del Norte has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transportadora de Gas del Norte's E10 compare to WMB and EPD?
Transportadora de Gas del Norte's E10 of ARS118.34 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 Transportadora de Gas del Norte and its competitors. Transportadora de Gas del Norte's current E10 is ARS118.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transportadora de Gas del Norte stock overvalued right now?
Based on GuruFocus' analysis, Transportadora de Gas del Norte (BUE:TGNO4) is currently considered Significantly Undervalued. The stock's GF Value™ is ARS4,862.62, compared to a current price of ARS3,262.50 — trading 32.9% below its estimated fair value. The current E10 is ARS118.34. Transportadora de Gas del Norte's overall GF Score™ is 74/100 with 1 warning sign 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 Transportadora de Gas del Norte (BUE:TGNO4), the current E10 is ARS118.34 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 Transportadora de Gas del Norte (BUE:TGNO4) Overvalued in 2026?

Based on GuruFocus' analysis, Transportadora de Gas del Norte stock appears to be undervalued. The current stock price of ARS3,262.50 is trading 32.9% below its estimated GF Value™ of ARS4,862.62. GuruFocus considers Transportadora de Gas del Norte to be Significantly Undervalued.

Key valuation signals for BUE:TGNO4:

  • E10: ARS118.34
  • GF Value™: ARS4,862.62 vs. price of ARS3,262.50 (32.9% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the BUE:TGNO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transportadora de Gas del Norte Business Description

Industry EnergyOil & Gas
Address Avenida del Libertador, 22nd floor, Buenos Aires, ARG, 7208
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance, and technical assistance of third-party pipelines.
74GF Score

Get the complete analysis for BUE:TGNO4

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

ARS3,262.50
Price
ARS4,862.62
GF Value