Alexandria Real Estate Equities (MEX:ARE) E10: MXN40.26 (As of Mar. 2026)


MEX:ARE Alexandria Real Estate Equities Inc MEX:ARE
50 GF Score
Price MXN899.49
GF Value MXN1,571.58
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Alexandria Real Estate Equities E10?

Alexandria Real Estate Equities MEX:ARE 50 E10 is MXN40.26 as of Mar. 2026. GuruFocus rates MEX:ARE with a GF Score™ of 50/100 and a GF Value™ of MXN1,571.58 (Possible Value Trap). 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.

Alexandria Real Estate Equities's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN37.869. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN40.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alexandria Real Estate Equities's average E10 Growth Rate was -27.50% per year. During the past 3 years, the average E10 Growth Rate was -13.60% per year. During the past 5 years, the average E10 Growth Rate was -1.20% per year. During the past 10 years, the average E10 Growth Rate was 3.20% 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 Alexandria Real Estate Equities was 16.70% per year. The lowest was -13.60% per year. And the median was 0.10% per year.

As of today (2026-06-27), Alexandria Real Estate Equities's current stock price is MXN899.49. Alexandria Real Estate Equities's E10 for the quarter that ended in Mar. 2026 was MXN40.26. Alexandria Real Estate Equities's Shiller PE Ratio of today is 22.34.

During the past 13 years, the highest Shiller PE Ratio of Alexandria Real Estate Equities was 105.53. The lowest was 18.87. And the median was 69.16.


Alexandria Real Estate Equities  (MEX:ARE) 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.

Alexandria Real Estate Equities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=899.49/40.26
=22.34

* 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 Alexandria Real Estate Equities was 105.53. The lowest was 18.87. And the median was 69.16.


Be Aware

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


Alexandria Real Estate Equities E10 Related Terms


Alexandria Real Estate Equities E10 Historical Data

* Premium members only.

The historical data trend for Alexandria Real Estate Equities'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.

Alexandria Real Estate Equities E10 Chart

Alexandria Real Estate Equities 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 30.49 55.64 36.23 65.04 29.39

Alexandria Real Estate Equities 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 60.61 48.68 46.23 29.39 40.26

MEX:ARE vs BXP, VNO, CUZ: E10 Comparison

For the REIT - Office subindustry, Alexandria Real Estate Equities'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.


Alexandria Real Estate Equities Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Alexandria Real Estate Equities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alexandria Real Estate Equities's Shiller PE Ratio falls into.


MEX:ARE
50GF Score
Alexandria Real Estate Equities Inc MEX:ARE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexandria Real Estate Equities 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, Alexandria Real Estate Equities'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)
=37.869/330.2130*330.2130
=37.869

Current CPI (Mar. 2026) = 330.2130.

Alexandria Real Estate Equities Quarterly Data

per share eps CPI Adj_EPS
201606 -31.809 241.018 -43.581
201609 1.353 241.428 1.851
201612 -6.185 241.432 -8.459
201703 5.460 243.801 7.395
201706 6.327 244.955 8.529
201709 9.981 246.819 13.353
201712 7.463 246.524 9.997
201803 23.981 249.554 31.732
201806 10.021 251.989 13.132
201809 37.223 252.439 48.691
201812 -5.890 251.233 -7.742
201903 21.532 254.202 27.970
201906 13.062 256.143 16.839
201909 -8.686 256.759 -11.171
201912 32.816 256.974 42.169
202003 3.283 258.115 4.200
202006 42.009 257.797 53.809
202009 13.917 260.280 17.656
202012 64.848 260.474 82.210
202103 0.818 264.877 1.020
202106 51.955 271.696 63.145
202109 13.777 274.310 16.585
202112 9.642 278.802 11.420
202203 -19.115 287.504 -21.955
202206 33.597 296.311 37.441
202209 42.443 296.808 47.220
202212 6.044 296.797 6.724
202303 7.931 301.836 8.677
202306 8.743 305.109 9.462
202309 2.264 307.789 2.429
202312 -9.166 306.746 -9.867
202403 16.098 312.332 17.020
202406 4.580 314.175 4.814
202409 18.903 315.301 19.797
202412 -7.925 315.605 -8.292
202503 -1.432 319.799 -1.479
202506 -12.051 322.561 -12.337
202509 -25.315 324.800 -25.737
202512 -114.336 324.054 -116.509
202603 37.869 330.213 37.869

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 MXN40.26 mean?
Alexandria Real Estate Equities (MEX:ARE) has a E10 of MXN40.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Alexandria Real Estate Equities and its competitors.
Is Alexandria Real Estate Equities' E10 too high?
Alexandria Real Estate Equities' current E10 is MXN40.26. Overall, Alexandria Real Estate Equities has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexandria Real Estate Equities' E10 compare to BXP and VNO?
Alexandria Real Estate Equities' E10 of MXN40.26 can be compared against companies in the REITs 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 REITs company?
A good E10 depends on the REITs 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 Alexandria Real Estate Equities and its competitors. Alexandria Real Estate Equities's current E10 is MXN40.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexandria Real Estate Equities stock overvalued right now?
Based on GuruFocus' analysis, Alexandria Real Estate Equities (MEX:ARE) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,571.58, compared to a current price of MXN899.49 — trading 42.8% below its estimated fair value. The current E10 is MXN40.26. Alexandria Real Estate Equities' overall GF Score™ is 50/100 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 Alexandria Real Estate Equities (MEX:ARE), the current E10 is MXN40.26 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 Alexandria Real Estate Equities (MEX:ARE) Overvalued in 2026?

Based on GuruFocus' analysis, Alexandria Real Estate Equities stock appears to be undervalued. The current stock price of MXN899.49 is trading 42.8% below its estimated GF Value™ of MXN1,571.58. GuruFocus considers Alexandria Real Estate Equities to be Possible Value Trap.

Key valuation signals for MEX:ARE:

  • E10: MXN40.26
  • GF Value™: MXN1,571.58 vs. price of MXN899.49 (42.8% below fair value)
  • GF Score™: 50/100 with 9 warning signs

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


Alexandria Real Estate Equities Business Description

Industry Real EstateREITs
Address 26 North Euclid Avenue, Pasadena, CA, USA, 91101
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle, Texas, and Canada. The Company is a life science real estate investment trust focused on developing, redeveloping, and operating properties that provide space for lease to tenants in the life science industry.
50GF Score

Get the complete analysis for MEX:ARE

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

MXN899.49
Price
MXN1,571.58
GF Value