Ameren (MEX:AEE) E10: MXN78.17 (As of Mar. 2026)


MEX:AEE Ameren Corp MEX:AEE
81 GF Score
Price MXN1,930.93
GF Value MXN1,730.97
! 9 Warning Signs
View Full Analysis

What is Ameren E10?

Ameren MEX:AEE 81 E10 is MXN78.17 as of Mar. 2026. GuruFocus rates MEX:AEE with a GF Score™ of 81/100 and a GF Value™ of MXN1,730.97. The stock has 9 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.

Ameren's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN23.082. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN78.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ameren's average E10 Growth Rate was 8.30% per year. During the past 3 years, the average E10 Growth Rate was 8.40% per year. During the past 5 years, the average E10 Growth Rate was 17.20% per year. During the past 10 years, the average E10 Growth Rate was 11.50% 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 Ameren was 25.30% per year. The lowest was -13.70% per year. And the median was -1.50% per year.

As of today (2026-07-09), Ameren's current stock price is MXN1930.93. Ameren's E10 for the quarter that ended in Mar. 2026 was MXN78.17. Ameren's Shiller PE Ratio of today is 24.70.

During the past 13 years, the highest Shiller PE Ratio of Ameren was 50.46. The lowest was 17.93. And the median was 32.99.


Ameren  (MEX:AEE) 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.

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

Shiller PE Ratio=Share Price/E10
=1930.93/78.17
=24.70

* 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 Ameren was 50.46. The lowest was 17.93. And the median was 32.99.


Be Aware

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


Ameren E10 Related Terms


Ameren E10 Historical Data

* Premium members only.

The historical data trend for Ameren'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.

Ameren E10 Chart

Ameren 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 0.00 0.00 0.00 0.00 83.15

Ameren 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 79.05 83.84 78.44 83.15 78.17

MEX:AEE vs DTE, CNP, EIX: E10 Comparison

For the Utilities - Regulated Electric subindustry, Ameren'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.


Ameren Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ameren's Shiller PE Ratio distribution charts can be found below:

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


MEX:AEE
81GF Score
Ameren Corp MEX:AEE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ameren 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, Ameren'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)
=23.082/330.2130*330.2130
=23.082

Current CPI (Mar. 2026) = 330.2130.

Ameren Quarterly Data

per share eps CPI Adj_EPS
201606 11.281 241.018 15.456
201609 29.390 241.428 40.198
201612 2.680 241.432 3.666
201703 7.908 243.801 10.711
201706 14.280 244.955 19.250
201709 21.415 246.819 28.651
201712 -4.713 246.524 -6.313
201803 11.264 249.554 14.905
201806 19.060 251.989 24.977
201809 27.122 252.439 35.478
201812 5.498 251.233 7.226
201903 15.130 254.202 19.654
201906 13.830 256.143 17.829
201909 29.021 256.759 37.323
201912 7.167 256.974 9.210
202003 13.834 258.115 17.698
202006 22.620 257.797 28.974
202009 32.474 260.280 41.199
202012 9.150 260.474 11.600
202103 18.601 264.877 23.189
202106 15.925 271.696 19.355
202109 33.927 274.310 40.841
202112 9.847 278.802 11.663
202203 19.314 287.504 22.183
202206 16.094 296.311 17.935
202209 35.000 296.808 38.939
202212 12.282 296.797 13.665
202303 18.025 301.836 19.720
202306 15.430 305.109 16.700
202309 32.573 307.789 34.946
202312 10.185 306.746 10.964
202403 16.264 312.332 17.195
202406 17.770 314.175 18.677
202409 33.474 315.301 35.057
202412 16.059 315.605 16.802
202503 21.890 319.799 22.603
202506 19.017 322.561 19.468
202509 43.109 324.800 43.827
202512 16.565 324.054 16.880
202603 23.082 330.213 23.082

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 MXN78.17 mean?
Ameren (MEX:AEE) has a E10 of MXN78.17 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ameren and its competitors.
Is Ameren's E10 too high?
Ameren's current E10 is MXN78.17. Overall, Ameren has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Ameren's E10 compare to DTE and CNP?
Ameren's E10 of MXN78.17 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Ameren and its competitors. Ameren's current E10 is MXN78.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ameren stock overvalued right now?
Ameren (MEX:AEE) has a current E10 of MXN78.17. The stock's GF Value™ is MXN1,730.97, compared to a current price of MXN1,930.93 — trading 11.6% above its estimated fair value. The current E10 is MXN78.17. Ameren's overall GF Score™ is 81/100 with 9 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 Ameren (MEX:AEE), the current E10 is MXN78.17 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 Ameren (MEX:AEE) Overvalued in 2026?

Based on GuruFocus' analysis, Ameren stock appears to be overvalued. The current stock price of MXN1,930.93 is trading 11.6% above its estimated GF Value™ of MXN1,730.97.

Key valuation signals for MEX:AEE:

  • E10: MXN78.17
  • GF Value™: MXN1,730.97 vs. price of MXN1,930.93 (11.6% above fair value)
  • GF Score™: 81/100 with 9 warning signs

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


Ameren Business Description

Address 1901 Chouteau Avenue, St. Louis, MO, USA, 63103
Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas through the company's two main subsidiaries, Ameren Missouri and Ameren Illinois. It serves 2.5 million electricity customers and 900,000 natural gas customers across its two service territories.
81GF Score

Get the complete analysis for MEX:AEE

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

MXN1,930.93
Price
MXN1,730.97
GF Value