Arista Networks (MEX:ANET) E10: MXN21.96 (As of Mar. 2026)


MEX:ANET Arista Networks Inc MEX:ANET
96 GF Score
Price MXN2,853.01
GF Value MXN2,416.45
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Arista Networks E10?

Arista Networks MEX:ANET +3.78% 96 E10 is MXN21.96 as of Mar. 2026. GuruFocus rates MEX:ANET with a GF Score™ of 96/100 and a GF Value™ of MXN2,416.45 (Modestly 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.

Arista Networks's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN14.426. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN21.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Arista Networks's average E10 Growth Rate was 34.10% per year. During the past 3 years, the average E10 Growth Rate was 37.60% 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 Arista Networks was 37.60% per year. The lowest was 37.60% per year. And the median was 37.60% per year.

As of today (2026-06-30), Arista Networks's current stock price is MXN2853.01. Arista Networks's E10 for the quarter that ended in Mar. 2026 was MXN21.96. Arista Networks's Shiller PE Ratio of today is 129.92.

During the past 13 years, the highest Shiller PE Ratio of Arista Networks was 155.63. The lowest was 62.73. And the median was 110.84.


Arista Networks  (MEX:ANET) 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.

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

Shiller PE Ratio=Share Price/E10
=2853.01/21.96
=129.92

* 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 Arista Networks was 155.63. The lowest was 62.73. And the median was 110.84.


Be Aware

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


Arista Networks E10 Related Terms


Arista Networks E10 Historical Data

* Premium members only.

The historical data trend for Arista Networks'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.

Arista Networks E10 Chart

Arista Networks 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 9.26 9.46 17.43 20.38

Arista Networks 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 18.57 18.37 19.18 20.38 21.96

MEX:ANET vs WDC, STX, DELL: E10 Comparison

For the Computer Hardware subindustry, Arista Networks'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.


Arista Networks Shiller PE Ratio vs Hardware Industry

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

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


MEX:ANET
96GF Score
Arista Networks Inc MEX:ANET
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arista Networks 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, Arista Networks'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)
=14.426/330.2130*330.2130
=14.426

Current CPI (Mar. 2026) = 330.2130.

Arista Networks Quarterly Data

per share eps CPI Adj_EPS
201606 0.613 241.018 0.840
201609 0.834 241.428 1.141
201612 1.018 241.432 1.392
201703 1.259 243.801 1.705
201706 1.469 244.955 1.980
201709 1.906 246.819 2.550
201712 1.583 246.524 2.120
201803 2.033 249.554 2.690
201806 -2.554 251.989 -3.347
201809 2.432 252.439 3.181
201812 2.577 251.233 3.387
201903 2.995 254.202 3.891
201906 2.797 256.143 3.606
201909 3.196 256.759 4.110
201912 3.831 256.974 4.923
202003 2.535 258.115 3.243
202006 2.640 257.797 3.382
202009 2.927 260.280 3.713
202012 2.872 260.474 3.641
202103 2.913 264.877 3.632
202106 3.085 271.696 3.749
202109 3.598 274.310 4.331
202112 3.846 278.802 4.555
202203 4.231 287.504 4.860
202206 4.728 296.311 5.269
202209 5.682 296.808 6.321
202212 6.580 296.797 7.321
202303 6.219 301.836 6.804
202306 6.643 305.109 7.190
202309 7.490 307.789 8.036
202312 8.148 306.746 8.771
202403 8.298 312.332 8.773
202406 9.526 314.175 10.012
202409 11.420 315.301 11.960
202412 12.931 315.605 13.530
202503 13.093 319.799 13.519
202506 13.180 322.561 13.493
202509 12.291 324.800 12.496
202512 13.504 324.054 13.761
202603 14.426 330.213 14.426

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 MXN21.96 mean?
Arista Networks (MEX:ANET) has a E10 of MXN21.96 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Arista Networks and its competitors.
Is Arista Networks' E10 too high?
Arista Networks' current E10 is MXN21.96. Overall, Arista Networks has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arista Networks' E10 compare to WDC and STX?
Arista Networks' E10 of MXN21.96 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 Arista Networks and its competitors. Arista Networks's current E10 is MXN21.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arista Networks stock overvalued right now?
Based on GuruFocus' analysis, Arista Networks (MEX:ANET) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,416.45, compared to a current price of MXN2,853.01 — trading 18.1% above its estimated fair value. The current E10 is MXN21.96. Arista Networks' overall GF Score™ is 96/100 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 Arista Networks (MEX:ANET), the current E10 is MXN21.96 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 Arista Networks (MEX:ANET) Overvalued in 2026?

Based on GuruFocus' analysis, Arista Networks stock appears to be overvalued. The current stock price of MXN2,853.01 is trading 18.1% above its estimated GF Value™ of MXN2,416.45. GuruFocus considers Arista Networks to be Modestly Overvalued.

Key valuation signals for MEX:ANET:

  • E10: MXN21.96
  • GF Value™: MXN2,416.45 vs. price of MXN2,853.01 (18.1% above fair value)
  • GF Score™: 96/100 with 4 warning signs

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


Arista Networks Business Description

Address 5453 Great America Parkway, Santa Clara, CA, USA, 95054
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.
96GF Score

Get the complete analysis for MEX:ANET

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

MXN2,853.01
Price
MXN2,416.45
GF Value