Grupo TelevisaB (FRA:TLV) E10: €-8.63 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:TLV Grupo Televisa SAB FRA:TLV
58 GF Score
Price €2.34
GF Value €2.18
! 6 Warning Signs
View Full Analysis

What is Grupo TelevisaB E10?

Grupo TelevisaB FRA:TLV +1.74% 58 E10 is €-8.63 as of Mar. 2026. GuruFocus rates FRA:TLV with a GF Score™ of 58/100 and a GF Value™ of €2.18. The stock has 6 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.

Grupo TelevisaB's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.094. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-8.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Grupo TelevisaB's average E10 Growth Rate was -1337.20% 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 Grupo TelevisaB was 12.50% per year. The lowest was -45.70% per year. And the median was -1.90% per year.

As of today (2026-07-14), Grupo TelevisaB's current stock price is €2.34. Grupo TelevisaB's E10 for the quarter that ended in Mar. 2026 was €-8.63. Grupo TelevisaB's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Grupo TelevisaB was 33.77. The lowest was 1.95. And the median was 10.43.


Grupo TelevisaB  (FRA:TLV) 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 Grupo TelevisaB was 33.77. The lowest was 1.95. And the median was 10.43.


Be Aware

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


Grupo TelevisaB E10 Related Terms


Grupo TelevisaB E10 Historical Data

* Premium members only.

The historical data trend for Grupo TelevisaB'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.

Grupo TelevisaB E10 Chart

Grupo TelevisaB 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 0.57 1.05 0.95 0.74 -8.59

Grupo TelevisaB 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 0.67 0.67 0.55 -8.59 -8.63

FRA:TLV vs TMUS, VZ, T: E10 Comparison

For the Telecom Services subindustry, Grupo TelevisaB'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.


Grupo TelevisaB Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Grupo TelevisaB's Shiller PE Ratio distribution charts can be found below:

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


FRA:TLV
58GF Score
Grupo Televisa SAB FRA:TLV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo TelevisaB 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, Grupo TelevisaB'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)
=0.094/166.0400*166.0400
=0.094

Current CPI (Mar. 2026) = 166.0400.

Grupo TelevisaB Quarterly Data

per share eps CPI Adj_EPS
201606 0.116 101.905 0.189
201609 0.084 103.084 0.135
201612 0.051 105.002 0.081
201703 0.000 108.063 0.000
201706 0.118 108.339 0.181
201709 0.080 109.628 0.121
201712 0.041 112.114 0.061
201803 0.000 113.505 0.000
201806 0.321 113.373 0.470
201809 0.077 115.130 0.111
201812 0.004 117.530 0.006
201903 0.000 118.050 0.000
201906 0.073 117.848 0.103
201909 0.060 118.581 0.084
201912 0.207 120.854 0.284
202003 -0.677 121.885 -0.922
202006 0.119 121.777 0.162
202009 0.228 123.341 0.307
202012 0.246 124.661 0.328
202103 0.000 127.574 0.000
202106 0.163 128.936 0.210
202109 0.056 130.742 0.071
202112 0.232 133.830 0.288
202203 4.268 137.082 5.170
202206 0.260 139.233 0.310
202209 0.099 142.116 0.116
202212 -1.048 144.291 -1.206
202303 -0.073 146.472 -0.083
202306 0.013 146.272 0.015
202309 -0.089 148.446 -0.100
202312 -0.845 151.017 -0.929
202403 0.095 152.947 0.103
202406 -0.002 153.551 -0.002
202409 0.057 155.246 0.061
202412 -0.835 157.378 -0.881
202503 0.027 158.761 0.028
202506 0.041 160.180 0.042
202509 -0.168 161.030 -0.173
202512 -83.239 163.190 -84.693
202603 0.094 166.040 0.094

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 €-8.63 mean?
Grupo TelevisaB (FRA:TLV) has a E10 of €-8.63 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grupo TelevisaB and its competitors.
Is Grupo TelevisaB's E10 too high?
Grupo TelevisaB's current E10 is €-8.63. Overall, Grupo TelevisaB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Grupo TelevisaB's E10 compare to TMUS and VZ?
Grupo TelevisaB's E10 of €-8.63 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good E10 depends on the Telecommunication Services 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 Grupo TelevisaB and its competitors. Grupo TelevisaB's current E10 is €-8.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo TelevisaB stock overvalued right now?
Grupo TelevisaB (FRA:TLV) has a current E10 of €-8.63. The stock's GF Value™ is €2.18, compared to a current price of €2.34 — trading 7.3% above its estimated fair value. The current E10 is €-8.63. Grupo TelevisaB's overall GF Score™ is 58/100 with 6 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 Grupo TelevisaB (FRA:TLV), the current E10 is €-8.63 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 Grupo TelevisaB (FRA:TLV) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo TelevisaB stock appears to be overvalued. The current stock price of €2.34 is trading 7.3% above its estimated GF Value™ of €2.18.

Key valuation signals for FRA:TLV:

  • E10: €-8.63
  • GF Value™: €2.18 vs. price of €2.34 (7.3% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Grupo TelevisaB Business Description

Address Avenida Vasco de Quiroga, No. 2000, Colonia Santa Fe, Mexico, MEX, 01210
Televisa is one of the leading telecom firms in Mexico. Its cable arm, Izzi, holds networks that pass 20 million Mexican homes and provide broadband service to nearly 6 million customers. The firm is also one of the largest pay-television providers in Mexico, with nearly 4 million customers. Televisa owns Sky Mexico, the country's only satellite-TV provider, serving about 4 million customers. After merging its traditional media business into Univision, Grupo Televisa owns a 43% stake in the combined entity TelevisaUnivision. Grupo Televisa spun off several smaller businesses, including magazine publishing, three of Mexico's professional soccer teams, and Azteca Stadium in February 2024, under the name Ollamani.
58GF Score

Get the complete analysis for FRA:TLV

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

€2.34
Price
€2.18
GF Value