MKS (FRA:MKT) E10: € (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MKT MKS Inc FRA:MKT
79 GF Score
Price €208.60
GF Value €124.00
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is MKS E10?

MKS FRA:MKT -1.60% 79 E10 is € as of Jun. 2026. GuruFocus rates FRA:MKT with a GF Score™ of 79/100 and a GF Value™ of €124.00 (Significantly Overvalued). 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.

MKS's adjusted earnings per share data for the three months ended in Jun. 2026 was €2.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, MKS's average E10 Growth Rate was 19.70% per year. During the past 3 years, the average E10 Growth Rate was -19.20% per year. During the past 5 years, the average E10 Growth Rate was -9.70% per year. During the past 10 years, the average E10 Growth Rate was 10.40% 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 MKS was 58.20% per year. The lowest was -19.20% per year. And the median was 18.40% per year.

As of today (2026-09-21), MKS's current stock price is €208.60. MKS's E10 for the quarter that ended in Jun. 2026 was . MKS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of MKS was 142.59. The lowest was 13.23. And the median was 40.78.


MKS  (FRA:MKT) 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.

During the past 13 years, the highest Shiller P/E Ratio of MKS was 142.59. The lowest was 13.23. And the median was 40.78.


Be Aware

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


MKS E10 Related Terms


MKS E10 Historical Data

* Premium members only.

The historical data trend for MKS'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.

MKS E10 Chart

MKS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
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MKS 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 - - - - -

FRA:MKT vs FTV, TRMB, CGNX: E10 Comparison

For the Scientific & Technical Instruments subindustry, MKS'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.


MKS Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, MKS's Shiller PE Ratio distribution charts can be found below:

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


FRA:MKT
79GF Score
MKS Inc FRA:MKT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MKS 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, MKS'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)
=2.0703/333.9520*333.9520
=2.070

Current CPI (Jun. 2026) = 333.9520.

MKS Quarterly Data

per share eps CPI Adj_EPS
201609 0.538 241.428 0.744
201612 0.770 241.432 1.065
201703 1.107 243.801 1.516
201706 1.990 244.955 2.713
201709 1.175 246.819 1.590
201712 1.213 246.524 1.644
201803 1.546 249.554 2.069
201806 1.863 251.989 2.469
201809 1.459 252.439 1.931
201812 1.153 251.233 1.532
201903 0.200 254.202 0.263
201906 0.610 256.143 0.795
201909 0.773 256.759 1.005
201912 0.696 256.974 0.905
202003 1.136 258.115 1.469
202006 1.211 257.797 1.569
202009 1.417 260.280 1.818
202012 1.747 260.474 2.240
202103 1.826 264.877 2.302
202106 2.183 271.696 2.684
202109 2.016 274.310 2.455
202112 2.359 278.802 2.826
202203 2.284 287.504 2.653
202206 2.186 296.311 2.464
202209 0.098 296.808 0.110
202212 0.794 296.797 0.894
202303 -0.587 301.836 -0.649
202306 -24.332 305.109 -26.632
202309 0.534 307.789 0.580
202312 -0.945 306.746 -1.029
202403 0.205 312.332 0.219
202406 0.317 314.175 0.336
202409 0.835 315.301 0.884
202412 1.246 315.605 1.319
202503 0.730 319.799 0.762
202506 0.812 322.561 0.840
202509 0.937 324.800 0.963
202512 1.365 324.054 1.406
202603 1.010 330.213 1.021
202606 2.070 333.952 2.070

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 € mean?
MKS (FRA:MKT) has a E10 of € as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MKS and its competitors.
Is MKS's E10 too high?
MKS's current E10 is €. Overall, MKS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKS's E10 compare to FTV and TRMB?
MKS's E10 of € can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 MKS and its competitors. MKS's current E10 is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKS stock overvalued right now?
Based on GuruFocus' analysis, MKS (FRA:MKT) is currently considered Significantly Overvalued. The stock's GF Value™ is €124.00, compared to a current price of €208.60 — trading 68.2% above its estimated fair value. The current E10 is €. MKS's overall GF Score™ is 79/100 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 MKS (FRA:MKT), the current E10 is € 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 MKS (FRA:MKT) Overvalued in 2026?

Based on GuruFocus' analysis, MKS stock appears to be overvalued. The current stock price of €208.60 is trading 68.2% above its estimated GF Value™ of €124.00. GuruFocus considers MKS to be Significantly Overvalued.

Key valuation signals for FRA:MKT:

  • E10:
  • GF Value™: €124.00 vs. price of €208.60 (68.2% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


MKS Business Description

Address 2 Tech Drive, Suite 201, Andover, MA, USA, 01810
MKS Inc delivers foundational technology solutions for leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. The company provides instruments, components, subsystems, systems, process control solutions, and specialty chemicals technology that improve process performance and optimize productivity. Its solutions address challenges of miniaturization and complexity in device manufacturing, enabling increased power, speed, and feature enhancement. MKS Inc operates through three divisions: Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Materials Solutions Division (MSD). The company operates in the United States, which generates maximum revenue, as well as China and other countries.
79GF Score

Get the complete analysis for FRA:MKT

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

€208.60
Price
€124.00
GF Value