Baxter International (MEX:BAX) E10: MXN27.31 (As of Mar. 2026)


MEX:BAX Baxter International Inc MEX:BAX
44 GF Score
Price MXN368.89
GF Value MXN624.41
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Baxter International E10?

Baxter International MEX:BAX +8.70% 44 E10 is MXN27.31 as of Mar. 2026. GuruFocus rates MEX:BAX with a GF Score™ of 44/100 and a GF Value™ of MXN624.41 (Possible Value Trap). 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.

Baxter International's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN-0.541. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN27.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Baxter International's average E10 Growth Rate was -43.10% per year. During the past 3 years, the average E10 Growth Rate was -10.00% per year. During the past 5 years, the average E10 Growth Rate was -10.10% per year. During the past 10 years, the average E10 Growth Rate was -4.30% 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 Baxter International was 15.70% per year. The lowest was -12.30% per year. And the median was 7.40% per year.

As of today (2026-06-26), Baxter International's current stock price is MXN368.89. Baxter International's E10 for the quarter that ended in Mar. 2026 was MXN27.31. Baxter International's Shiller PE Ratio of today is 13.51.

During the past 13 years, the highest Shiller PE Ratio of Baxter International was 24.01. The lowest was 6.97. And the median was 15.55.


Baxter International  (MEX:BAX) 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.

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

Shiller PE Ratio=Share Price/E10
=368.89/27.31
=13.51

* 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 Baxter International was 24.01. The lowest was 6.97. And the median was 15.55.


Be Aware

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


Baxter International E10 Related Terms


Baxter International E10 Historical Data

* Premium members only.

The historical data trend for Baxter International'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.

Baxter International E10 Chart

Baxter International 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 80.40 60.60 63.83 53.29 40.22

Baxter International 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 54.69 51.11 52.41 40.22 27.31

MEX:BAX vs COO, ATR, RGEN: E10 Comparison

For the Medical Instruments & Supplies subindustry, Baxter International'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.


Baxter International Shiller PE Ratio vs Medical Devices & Instruments Industry

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

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


MEX:BAX
44GF Score
Baxter International Inc MEX:BAX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baxter International 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, Baxter International'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)
=-0.541/330.2130*330.2130
=-0.541

Current CPI (Mar. 2026) = 330.2130.

Baxter International Quarterly Data

per share eps CPI Adj_EPS
201606 40.501 241.018 55.489
201609 4.641 241.428 6.348
201612 9.484 241.432 12.972
201703 9.226 243.801 12.496
201706 8.676 244.955 11.696
201709 8.167 246.819 10.926
201712 -2.553 246.524 -3.420
201803 12.899 249.554 17.068
201806 12.379 251.989 16.222
201809 17.770 252.439 23.245
201812 12.763 251.233 16.775
201903 12.803 254.202 16.631
201906 11.525 256.143 14.858
201909 14.017 256.759 18.027
201912 -0.754 256.974 -0.969
202003 15.007 258.115 19.199
202006 11.079 257.797 14.191
202009 15.243 260.280 19.339
202012 6.564 260.474 8.321
202103 11.856 264.877 14.780
202106 11.745 271.696 14.275
202109 18.300 274.310 22.029
202112 9.642 278.802 11.420
202203 2.788 287.504 3.202
202206 10.059 296.311 11.210
202209 -117.270 296.808 -130.468
202212 7.019 296.797 7.809
202303 1.622 301.836 1.774
202306 -4.800 305.109 -5.195
202309 85.875 307.789 92.131
202312 8.148 306.746 8.771
202403 1.162 312.332 1.229
202406 -11.358 314.175 -11.938
202409 5.316 315.301 5.567
202412 -20.856 315.605 -21.821
202503 5.115 319.799 5.282
202506 3.389 322.561 3.469
202509 -1.651 324.800 -1.679
202512 -39.432 324.054 -40.181
202603 -0.541 330.213 -0.541

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 MXN27.31 mean?
Baxter International (MEX:BAX) has a E10 of MXN27.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Baxter International and its competitors.
Is Baxter International's E10 too high?
Baxter International's current E10 is MXN27.31. Overall, Baxter International has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Baxter International's E10 compare to COO and ATR?
Baxter International's E10 of MXN27.31 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 Baxter International and its competitors. Baxter International's current E10 is MXN27.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baxter International stock overvalued right now?
Based on GuruFocus' analysis, Baxter International (MEX:BAX) is currently considered Possible Value Trap. The stock's GF Value™ is MXN624.41, compared to a current price of MXN368.89 — trading 40.9% below its estimated fair value. The current E10 is MXN27.31. Baxter International's overall GF Score™ is 44/100 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 Baxter International (MEX:BAX), the current E10 is MXN27.31 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 Baxter International (MEX:BAX) Overvalued in 2026?

Based on GuruFocus' analysis, Baxter International stock appears to be undervalued. The current stock price of MXN368.89 is trading 40.9% below its estimated GF Value™ of MXN624.41. GuruFocus considers Baxter International to be Possible Value Trap.

Key valuation signals for MEX:BAX:

  • E10: MXN27.31
  • GF Value™: MXN624.41 vs. price of MXN368.89 (40.9% below fair value)
  • GF Score™: 44/100 with 6 warning signs

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


Baxter International Business Description

Address One Baxter Parkway, Deerfield, IL, USA, 60015
Baxter offers a variety of medical supplies and equipment to providers. From its legacy operations, Baxter sells injectable therapies for use in care settings, including IV pumps, administrative sets, and solutions; nutritional products; and surgical sealants and hemostatic agents. Baxter expanded its portfolio of hospital-focused offerings by acquiring Hillrom in late 2021, which added basic equipment like hospital beds, operating room equipment, and patient monitoring tools to the portfolio. Baxter also sold its kidney care tools in early 2025.
44GF Score

Get the complete analysis for MEX:BAX

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

MXN368.89
Price
MXN624.41
GF Value