Ternium Argentina (BUE:TXAR) E10: ARS17.93 (As of Mar. 2026)

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BUE:TXAR Ternium Argentina SA BUE:TXAR
82 GF Score
Price ARS664.50
GF Value ARS1,420.58
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ternium Argentina E10?

Ternium Argentina BUE:TXAR -0.97% 82 E10 is ARS17.93 as of Mar. 2026. GuruFocus rates BUE:TXAR with a GF Score™ of 82/100 and a GF Value™ of ARS1,420.58 (Significantly Undervalued). 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.

Ternium Argentina's adjusted earnings per share data for the three months ended in Mar. 2026 was ARS45.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS17.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ternium Argentina's average E10 Growth Rate was 49.30% per year. During the past 3 years, the average E10 Growth Rate was 24.10% per year. During the past 5 years, the average E10 Growth Rate was 45.10% 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 Ternium Argentina was 73.10% per year. The lowest was 24.10% per year. And the median was 52.10% per year.

As of today (2026-07-14), Ternium Argentina's current stock price is ARS664.50. Ternium Argentina's E10 for the quarter that ended in Mar. 2026 was ARS17.93. Ternium Argentina's Shiller PE Ratio of today is 37.06.

During the past 13 years, the highest Shiller PE Ratio of Ternium Argentina was 125.32. The lowest was 8.73. And the median was 36.00.


Ternium Argentina  (BUE:TXAR) 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.

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

Shiller PE Ratio=Share Price/E10
=664.50/17.93
=37.06

* 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 Ternium Argentina was 125.32. The lowest was 8.73. And the median was 36.00.


Be Aware

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


Ternium Argentina E10 Related Terms


Ternium Argentina E10 Historical Data

* Premium members only.

The historical data trend for Ternium Argentina'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.

Ternium Argentina E10 Chart

Ternium Argentina 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 4.74 6.90 8.51 11.09 13.19

Ternium Argentina 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 12.01 12.61 11.37 13.19 17.93

BUE:TXAR vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Ternium Argentina'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.


Ternium Argentina Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ternium Argentina's Shiller PE Ratio distribution charts can be found below:

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


BUE:TXAR
82GF Score
Ternium Argentina SA BUE:TXAR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ternium Argentina 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, Ternium Argentina'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)
=45.05/330.2130*330.2130
=45.050

Current CPI (Mar. 2026) = 330.2130.

Ternium Argentina Quarterly Data

per share eps CPI Adj_EPS
201606 0.180 241.018 0.247
201609 0.290 241.428 0.397
201612 0.210 241.432 0.287
201703 0.410 243.801 0.555
201706 0.280 244.955 0.377
201709 0.360 246.819 0.482
201712 0.890 246.524 1.192
201803 0.710 249.554 0.939
201806 -0.160 251.989 -0.210
201809 0.880 252.439 1.151
201812 2.940 251.233 3.864
201903 0.330 254.202 0.429
201906 0.920 256.143 1.186
201909 0.600 256.759 0.772
201912 0.620 256.974 0.797
202003 -0.140 258.115 -0.179
202006 -0.001 257.797 -0.001
202009 1.190 260.280 1.510
202012 3.130 260.474 3.968
202103 4.900 264.877 6.109
202106 7.330 271.696 8.909
202109 9.590 274.310 11.544
202112 8.060 278.802 9.546
202203 6.320 287.504 7.259
202206 9.950 296.311 11.088
202209 4.510 296.808 5.018
202212 -2.340 296.797 -2.603
202303 11.150 301.836 12.198
202306 13.400 305.109 14.503
202309 5.360 307.789 5.751
202312 -15.730 306.746 -16.933
202403 47.950 312.332 50.695
202406 -30.540 314.175 -32.099
202409 2.470 315.301 2.587
202412 3.740 315.605 3.913
202503 8.040 319.799 8.302
202506 5.070 322.561 5.190
202509 -13.210 324.800 -13.430
202512 18.570 324.054 18.923
202603 45.050 330.213 45.050

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 ARS17.93 mean?
Ternium Argentina (BUE:TXAR) has a E10 of ARS17.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ternium Argentina and its competitors.
Is Ternium Argentina's E10 too high?
Ternium Argentina's current E10 is ARS17.93. Overall, Ternium Argentina has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ternium Argentina's E10 compare to NUE and STLD?
Ternium Argentina's E10 of ARS17.93 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Ternium Argentina and its competitors. Ternium Argentina's current E10 is ARS17.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ternium Argentina stock overvalued right now?
Based on GuruFocus' analysis, Ternium Argentina (BUE:TXAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ARS1,420.58, compared to a current price of ARS664.50 — trading 53.2% below its estimated fair value. The current E10 is ARS17.93. Ternium Argentina's overall GF Score™ is 82/100 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 Ternium Argentina (BUE:TXAR), the current E10 is ARS17.93 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 Ternium Argentina (BUE:TXAR) Overvalued in 2026?

Based on GuruFocus' analysis, Ternium Argentina stock appears to be undervalued. The current stock price of ARS664.50 is trading 53.2% below its estimated GF Value™ of ARS1,420.58. GuruFocus considers Ternium Argentina to be Significantly Undervalued.

Key valuation signals for BUE:TXAR:

  • E10: ARS17.93
  • GF Value™: ARS1,420.58 vs. price of ARS664.50 (53.2% below fair value)
  • GF Score™: 82/100 with 5 warning signs

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


Ternium Argentina Business Description

Address Avenida Leandro N. Alem 1067, Building AAF, Buenos Aires, ARG, C1001
Ternium Argentina SA manufactures and processes a broad range of steel products. Its products include hot and cold rolled, hot-dip galvanized & electro-galvanized and pre-painted steel sheets and tinplate. Geographically the group is based in Argentina.
82GF Score

Get the complete analysis for BUE:TXAR

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

ARS664.50
Price
ARS1,420.58
GF Value