CVCO (Cavco Industries) E10: $16.60 (As of Mar. 2026)


CVCO Cavco Industries Inc CVCO
95 GF Score
Price $618.30
GF Value $534.00
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Cavco Industries E10?

Cavco Industries CVCO +1.61% 95 E10 is $16.60 as of Mar. 2026. GuruFocus rates CVCO with a GF Score™ of 95/100 and a GF Value™ of $534.00 (Modestly Overvalued). 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.

Cavco Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was $5.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $16.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cavco Industries's average E10 Growth Rate was 17.40% per year. During the past 3 years, the average E10 Growth Rate was 17.90% per year. During the past 5 years, the average E10 Growth Rate was 27.20% per year. During the past 10 years, the average E10 Growth Rate was 29.90% 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 Cavco Industries was 36.00% per year. The lowest was 7.60% per year. And the median was 28.30% per year.

As of today (2026-06-26), Cavco Industries's current stock price is $618.30. Cavco Industries's E10 for the quarter that ended in Mar. 2026 was $16.60. Cavco Industries's Shiller PE Ratio of today is 37.25.

During the past 13 years, the highest Shiller PE Ratio of Cavco Industries was 102.37. The lowest was 22.38. And the median was 42.29.


Cavco Industries  (NAS:CVCO) 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.

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

Shiller PE Ratio=Share Price/E10
=618.30/16.60
=37.25

* 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 Cavco Industries was 102.37. The lowest was 22.38. And the median was 42.29.


Be Aware

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


Cavco Industries E10 Related Terms


Cavco Industries E10 Historical Data

* Premium members only.

The historical data trend for Cavco Industries'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.

Cavco Industries E10 Chart

Cavco Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.15 10.14 12.11 14.14 16.60

Cavco Industries 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 14.14 14.82 15.46 15.86 16.60

CVCO vs SKY, MTH, MHO: E10 Comparison

For the Residential Construction subindustry, Cavco Industries'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.


Cavco Industries Shiller PE Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cavco Industries's Shiller PE Ratio distribution charts can be found below:

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


CVCO
95GF Score
Cavco Industries Inc CVCO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Cavco Industries 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, Cavco Industries'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)
=5.42/330.2130*330.2130
=5.420

Current CPI (Mar. 2026) = 330.2130.

Cavco Industries Quarterly Data

per share eps CPI Adj_EPS
201606 0.600 241.018 0.822
201609 1.030 241.428 1.409
201612 1.350 241.432 1.846
201703 1.190 243.801 1.612
201706 1.280 244.955 1.726
201709 0.670 246.819 0.896
201712 2.330 246.524 3.121
201803 2.400 249.554 3.176
201806 2.120 251.989 2.778
201809 1.670 252.439 2.185
201812 1.440 251.233 1.893
201903 2.170 254.202 2.819
201906 2.310 256.143 2.978
201909 2.250 256.759 2.894
201912 2.250 256.974 2.891
202003 1.290 258.115 1.650
202006 1.800 257.797 2.306
202009 1.620 260.280 2.055
202012 2.120 260.474 2.688
202103 2.710 264.877 3.378
202106 2.920 271.696 3.549
202109 4.060 274.310 4.887
202112 8.570 278.802 10.150
202203 5.800 287.504 6.662
202206 6.630 296.311 7.389
202209 8.250 296.808 9.179
202212 6.660 296.797 7.410
202303 5.390 301.836 5.897
202306 5.290 305.109 5.725
202309 4.760 307.789 5.107
202312 4.270 306.746 4.597
202403 4.030 312.332 4.261
202406 4.110 314.175 4.320
202409 5.280 315.301 5.530
202412 6.900 315.605 7.219
202503 4.470 319.799 4.616
202506 6.420 322.561 6.572
202509 6.550 324.800 6.659
202512 5.580 324.054 5.686
202603 5.420 330.213 5.420

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 $16.60 mean?
Cavco Industries (CVCO) has a E10 of $16.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cavco Industries and its competitors.
Is Cavco Industries' E10 too high?
Cavco Industries' current E10 is $16.60. Overall, Cavco Industries has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cavco Industries' E10 compare to SKY and MTH?
Cavco Industries' E10 of $16.60 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good E10 depends on the Homebuilding & Construction 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 Cavco Industries and its competitors. Cavco Industries's current E10 is $16.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cavco Industries stock overvalued right now?
Based on GuruFocus' analysis, Cavco Industries (CVCO) is currently considered Modestly Overvalued. The stock's GF Value™ is $534.00, compared to a current price of $618.30 — trading 15.8% above its estimated fair value. The current E10 is $16.60. Cavco Industries' overall GF Score™ is 95/100 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 Cavco Industries (CVCO), the current E10 is $16.60 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 Cavco Industries (CVCO) Overvalued in 2026?

Based on GuruFocus' analysis, Cavco Industries stock appears to be overvalued. The current stock price of $618.30 is trading 15.8% above its estimated GF Value™ of $534.00. GuruFocus considers Cavco Industries to be Modestly Overvalued.

Key valuation signals for CVCO:

  • E10: $16.60
  • GF Value™: $534.00 vs. price of $618.30 (15.8% above fair value)
  • GF Score™: 95/100 with 1 warning sign

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


Cavco Industries Business Description

Address 3636 North Central Avenue, Suite 1200, Phoenix, AZ, USA, 85012
Cavco Industries Inc designs and produces factory-built homes distributed through a network of independent and company-owned retailers, planned community operators and residential developers. It is also a producer of park model RVs, vacation cabins and Factory-built commercial structures. It operates principally in two segments: factory-built housing, which includes wholesale and retail factory-built housing operations and Financial services, which include manufactured housing consumer finance and insurance. The factory-built housing segment generates the majority of revenue from building and selling manufactured and modular homes to both wholesale customers and end consumers through company owned retail stores.
95GF Score

Get the complete analysis for CVCO

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

$618.30
Price
$534.00
GF Value