Hoya (MEX:7741N) E10: MXN38.13 (As of Mar. 2026)


MEX:7741N Hoya Corp MEX:7741N
93 GF Score
Price MXN2,750.59
GF Value MXN2,048.30
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hoya E10?

Hoya MEX:7741N 93 E10 is MXN38.13 as of Mar. 2026. GuruFocus rates MEX:7741N with a GF Score™ of 93/100 and a GF Value™ of MXN2,048.30 (Significantly Overvalued). The stock has 4 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.

Hoya's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN18.301. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN38.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hoya's average E10 Growth Rate was 13.70% per year. During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 14.20% per year. During the past 10 years, the average E10 Growth Rate was 12.10% 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 Hoya was 14.80% per year. The lowest was 5.80% per year. And the median was 11.70% per year.

As of today (2026-06-24), Hoya's current stock price is MXN2750.59. Hoya's E10 for the quarter that ended in Mar. 2026 was MXN38.13. Hoya's Shiller PE Ratio of today is 72.14.

During the past 13 years, the highest Shiller PE Ratio of Hoya was 78.02. The lowest was 23.25. And the median was 47.71.


Hoya  (MEX:7741N) 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.

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

Shiller PE Ratio=Share Price/E10
=2750.59/38.13
=72.14

* 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 Hoya was 78.02. The lowest was 23.25. And the median was 47.71.


Be Aware

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


Hoya E10 Related Terms


Hoya E10 Historical Data

* Premium members only.

The historical data trend for Hoya'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.

Hoya E10 Chart

Hoya 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 44.39 44.32 41.85 53.08 38.13

Hoya 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 53.08 53.36 45.79 41.85 38.13

MEX:7741N vs ISRG, BDX, MDLN: E10 Comparison

For the Medical Instruments & Supplies subindustry, Hoya'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.


Hoya Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hoya's Shiller PE Ratio distribution charts can be found below:

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


MEX:7741N
93GF Score
Hoya Corp MEX:7741N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoya 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, Hoya'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)
=18.301/112.7000*112.7000
=18.301

Current CPI (Mar. 2026) = 112.7000.

Hoya Quarterly Data

per share eps CPI Adj_EPS
201606 7.934 98.100 9.115
201609 12.027 98.000 13.831
201612 11.457 98.400 13.122
201703 8.121 98.100 9.330
201706 10.522 98.500 12.039
201709 11.455 98.800 13.067
201712 12.571 99.400 14.253
201803 8.765 99.200 9.958
201806 13.382 99.200 15.203
201809 13.745 99.900 15.506
201812 15.251 99.700 17.240
201903 13.346 99.700 15.086
201906 14.054 99.800 15.871
201909 16.942 100.100 19.075
201912 13.537 100.500 15.180
202003 11.560 100.300 12.989
202006 14.794 99.900 16.690
202009 17.748 99.900 20.022
202012 18.785 99.300 21.320
202103 15.702 99.900 17.714
202106 20.192 99.500 22.871
202109 21.712 100.100 24.445
202112 19.935 100.100 22.444
202203 18.017 101.100 20.084
202206 19.933 101.800 22.067
202209 18.371 103.100 20.082
202212 12.404 104.100 13.429
202303 16.122 104.400 17.404
202306 13.099 105.200 14.033
202309 15.831 106.200 16.800
202312 12.994 106.800 13.712
202403 18.017 107.200 18.941
202406 15.623 108.200 16.273
202409 20.925 108.900 21.655
202412 19.701 110.700 20.057
202503 20.508 111.100 20.803
202506 19.707 111.700 19.883
202509 20.088 112.000 20.214
202512 31.139 113.000 31.056
202603 18.301 112.700 18.301

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 MXN38.13 mean?
Hoya (MEX:7741N) has a E10 of MXN38.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hoya and its competitors.
Is Hoya's E10 too high?
Hoya's current E10 is MXN38.13. Overall, Hoya has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hoya's E10 compare to ISRG and BDX?
Hoya's E10 of MXN38.13 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Hoya and its competitors. Hoya's current E10 is MXN38.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya stock overvalued right now?
Based on GuruFocus' analysis, Hoya (MEX:7741N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,048.30, compared to a current price of MXN2,750.59 — trading 34.3% above its estimated fair value. The current E10 is MXN38.13. Hoya's overall GF Score™ is 93/100 with 4 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 Hoya (MEX:7741N), the current E10 is MXN38.13 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 Hoya (MEX:7741N) Overvalued in 2026?

Based on GuruFocus' analysis, Hoya stock appears to be overvalued. The current stock price of MXN2,750.59 is trading 34.3% above its estimated GF Value™ of MXN2,048.30. GuruFocus considers Hoya to be Significantly Overvalued.

Key valuation signals for MEX:7741N:

  • E10: MXN38.13
  • GF Value™: MXN2,048.30 vs. price of MXN2,750.59 (34.3% above fair value)
  • GF Score™: 93/100 with 4 warning signs

No single metric tells the full story. See the MEX:7741N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoya Business Description

Address 6-10-1, Nishi-Shinjuku, 20th Floor, Nittochi Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-8347
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for more than 60% of its total revenue, majority of its profit before tax comes from its higher-margin IT business.
93GF Score

Get the complete analysis for MEX:7741N

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

MXN2,750.59
Price
MXN2,048.30
GF Value