EXP (Eagle Materials) E10: $9.69 (As of Jun. 2026)

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EXP Eagle Materials Inc EXP
94 GF Score
Price $204.94
GF Value $244.24
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Eagle Materials E10?

Eagle Materials EXP -0.26% 94 E10 is $9.69 as of Jun. 2026. GuruFocus rates EXP with a GF Score™ of 94/100 and a GF Value™ of $244.24 (Modestly Undervalued). The stock has 2 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.

Eagle Materials's adjusted earnings per share data for the three months ended in Jun. 2026 was $3.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $9.69 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Eagle Materials's average E10 Growth Rate was 13.20% per year. During the past 3 years, the average E10 Growth Rate was 16.80% per year. During the past 5 years, the average E10 Growth Rate was 22.40% per year. During the past 10 years, the average E10 Growth Rate was 18.80% 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 Eagle Materials was 32.50% per year. The lowest was -4.40% per year. And the median was 8.00% per year.

As of today (2026-08-01), Eagle Materials's current stock price is $204.94. Eagle Materials's E10 for the quarter that ended in Jun. 2026 was $9.69. Eagle Materials's Shiller PE Ratio of today is 21.15.

During the past 13 years, the highest Shiller PE Ratio of Eagle Materials was 55.31. The lowest was 18.96. And the median was 32.53.


Eagle Materials  (NYSE:EXP) 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.

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

Shiller PE Ratio=Share Price/E10
=204.94/9.69
=21.15

* 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 Eagle Materials was 55.31. The lowest was 18.96. And the median was 32.53.


Be Aware

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


Eagle Materials E10 Related Terms


Eagle Materials E10 Historical Data

* Premium members only.

The historical data trend for Eagle Materials'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.

Eagle Materials E10 Chart

Eagle Materials 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 4.56 5.89 7.15 8.21 9.39

Eagle Materials 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 8.56 8.96 9.13 9.39 9.69

EXP vs KNF, USLM, TTAM: E10 Comparison

For the Building Materials subindustry, Eagle Materials'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.


Eagle Materials Shiller PE Ratio vs Building Materials Industry

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

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


EXP
94GF Score
Eagle Materials Inc EXP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eagle Materials 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, Eagle Materials'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)
=3.29/333.9520*333.9520
=3.290

Current CPI (Jun. 2026) = 333.9520.

Eagle Materials Quarterly Data

per share eps CPI Adj_EPS
201609 1.250 241.428 1.729
201612 1.170 241.432 1.618
201703 0.750 243.801 1.027
201706 1.130 244.955 1.541
201709 1.310 246.819 1.772
201712 2.080 246.524 2.818
201803 0.760 249.554 1.017
201806 1.380 251.989 1.829
201809 1.530 252.439 2.024
201812 1.240 251.233 1.648
201903 -2.820 254.202 -3.705
201906 0.940 256.143 1.226
201909 1.720 256.759 2.237
201912 -2.780 256.974 -3.613
202003 1.740 258.115 2.251
202006 2.310 257.797 2.992
202009 2.310 260.280 2.964
202012 1.940 260.474 2.487
202103 1.560 264.877 1.967
202106 2.250 271.696 2.766
202109 2.460 274.310 2.995
202112 2.530 278.802 3.030
202203 1.900 287.504 2.207
202206 2.750 296.311 3.099
202209 3.720 296.808 4.186
202212 3.200 296.797 3.601
202303 2.790 301.836 3.087
202306 3.400 305.109 3.721
202309 4.260 307.789 4.622
202312 3.720 306.746 4.050
202403 2.240 312.332 2.395
202406 3.940 314.175 4.188
202409 4.260 315.301 4.512
202412 3.560 315.605 3.767
202503 2.000 319.799 2.089
202506 3.760 322.561 3.893
202509 4.230 324.800 4.349
202512 3.220 324.054 3.318
202603 1.910 330.213 1.932
202606 3.290 333.952 3.290

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 $9.69 mean?
Eagle Materials (EXP) has a E10 of $9.69 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Eagle Materials and its competitors.
Is Eagle Materials' E10 too high?
Eagle Materials' current E10 is $9.69. Overall, Eagle Materials has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eagle Materials' E10 compare to KNF and USLM?
Eagle Materials' E10 of $9.69 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Eagle Materials and its competitors. Eagle Materials's current E10 is $9.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eagle Materials stock overvalued right now?
Based on GuruFocus' analysis, Eagle Materials (EXP) is currently considered Modestly Undervalued. The stock's GF Value™ is $244.24, compared to a current price of $204.94 — trading 16.1% below its estimated fair value. The current E10 is $9.69. Eagle Materials' overall GF Score™ is 94/100 with 2 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 Eagle Materials (EXP), the current E10 is $9.69 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 Eagle Materials (EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Materials stock appears to be undervalued. The current stock price of $204.94 is trading 16.1% below its estimated GF Value™ of $244.24. GuruFocus considers Eagle Materials to be Modestly Undervalued.

Key valuation signals for EXP:

  • E10: $9.69
  • GF Value™: $244.24 vs. price of $204.94 (16.1% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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


Eagle Materials Business Description

Address 5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225
Eagle Materials Inc is engaged in the manufacture of heavy construction products and light building materials. Its primary products, Cement and Gypsum Wallboard, are essential for building, expanding, and repairing roads, highways, and residential, commercial, and industrial structures across America. The business is organized into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. The primary end market for the Cement and Concrete and Aggregates segments is infrastructure, while the primary end market for the Gypsum Wallboard and Recycled Paperboard segments is residential construction.
94GF Score

Get the complete analysis for EXP

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

$204.94
Price
$244.24
GF Value