Blackstone Mortgage Trust (MEX:BXMT) E10: MXN38.82 (As of Mar. 2026)


MEX:BXMT Blackstone Mortgage Trust Inc MEX:BXMT
60 GF Score
Price MXN381.20
GF Value MXN403.08
! 4 Warning Signs
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What is Blackstone Mortgage Trust E10?

Blackstone Mortgage Trust MEX:BXMT 60 E10 is MXN38.82 as of Mar. 2026. GuruFocus rates MEX:BXMT with a GF Score™ of 60/100 and a GF Value™ of MXN403.08. 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.

Blackstone Mortgage Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN-0.721. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN38.82 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -3.00% per year. During the past 5 years, the average E10 Growth Rate was -38.30% 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 Blackstone Mortgage Trust was 68.30% per year. The lowest was -66.10% per year. And the median was 5.60% per year.

As of today (2026-06-30), Blackstone Mortgage Trust's current stock price is MXN381.20. Blackstone Mortgage Trust's E10 for the quarter that ended in Mar. 2026 was MXN38.82. Blackstone Mortgage Trust's Shiller PE Ratio of today is 9.82.

During the past 13 years, the highest Shiller PE Ratio of Blackstone Mortgage Trust was 11.18. The lowest was 0.93. And the median was 7.29.


Blackstone Mortgage Trust  (MEX:BXMT) 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.

Blackstone Mortgage Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=381.20/38.82
=9.82

* 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 Blackstone Mortgage Trust was 11.18. The lowest was 0.93. And the median was 7.29.


Be Aware

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


Blackstone Mortgage Trust E10 Related Terms


Blackstone Mortgage Trust E10 Historical Data

* Premium members only.

The historical data trend for Blackstone Mortgage Trust'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.

Blackstone Mortgage Trust E10 Chart

Blackstone Mortgage Trust 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 236.74 60.43 42.01 45.24 40.05

Blackstone Mortgage Trust 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 0.00 42.38 43.28 40.05 38.82

MEX:BXMT vs DX, ARR, EFC: E10 Comparison

For the REIT - Mortgage subindustry, Blackstone Mortgage Trust'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.


Blackstone Mortgage Trust Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Blackstone Mortgage Trust's Shiller PE Ratio falls into.


MEX:BXMT
60GF Score
Blackstone Mortgage Trust Inc MEX:BXMT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackstone Mortgage Trust 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, Blackstone Mortgage Trust'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)
=-0.721/330.2130*330.2130
=-0.721

Current CPI (Mar. 2026) = 330.2130.

Blackstone Mortgage Trust Quarterly Data

per share eps CPI Adj_EPS
201606 12.391 241.018 16.977
201609 13.341 241.428 18.247
201612 11.546 241.432 15.792
201703 10.168 243.801 13.772
201706 9.580 244.955 12.914
201709 11.070 246.819 14.810
201712 11.587 246.524 15.521
201803 10.174 249.554 13.462
201806 12.969 251.989 16.995
201809 12.532 252.439 16.393
201812 11.781 251.233 15.485
201903 12.027 254.202 15.623
201906 11.333 256.143 14.610
201909 11.056 256.759 14.219
201912 11.127 256.974 14.298
202003 -9.145 258.115 -11.699
202006 3.001 257.797 3.844
202009 13.476 260.280 17.097
202012 11.537 260.474 14.626
202103 11.038 264.877 13.761
202106 17.716 271.696 21.532
202109 11.515 274.310 13.862
202112 15.796 278.802 18.709
202203 11.548 287.504 13.263
202206 10.864 296.311 12.107
202209 11.868 296.808 13.204
202212 -5.459 296.797 -6.074
202303 12.077 301.836 13.212
202306 9.943 305.109 10.761
202309 2.961 307.789 3.177
202312 -0.170 306.746 -0.183
202403 -11.783 312.332 -12.458
202406 -6.412 314.175 -6.739
202409 -6.301 315.301 -6.599
202412 4.588 315.605 4.800
202503 0.000 319.799 0.000
202506 0.753 322.561 0.771
202509 6.787 324.800 6.900
202512 4.141 324.054 4.220
202603 -0.721 330.213 -0.721

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 MXN38.82 mean?
Blackstone Mortgage Trust (MEX:BXMT) has a E10 of MXN38.82 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Blackstone Mortgage Trust and its competitors.
Is Blackstone Mortgage Trust's E10 too high?
Blackstone Mortgage Trust's current E10 is MXN38.82. Overall, Blackstone Mortgage Trust has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Blackstone Mortgage Trust's E10 compare to DX and ARR?
Blackstone Mortgage Trust's E10 of MXN38.82 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 Blackstone Mortgage Trust and its competitors. Blackstone Mortgage Trust's current E10 is MXN38.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Mortgage Trust stock overvalued right now?
Blackstone Mortgage Trust (MEX:BXMT) has a current E10 of MXN38.82. The stock's GF Value™ is MXN403.08, compared to a current price of MXN381.20 — trading 5.4% below its estimated fair value. The current E10 is MXN38.82. Blackstone Mortgage Trust's overall GF Score™ is 60/100 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 Blackstone Mortgage Trust (MEX:BXMT), the current E10 is MXN38.82 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 Blackstone Mortgage Trust (MEX:BXMT) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Mortgage Trust stock appears to be undervalued. The current stock price of MXN381.20 is trading 5.4% below its estimated GF Value™ of MXN403.08.

Key valuation signals for MEX:BXMT:

  • E10: MXN38.82
  • GF Value™: MXN403.08 vs. price of MXN381.20 (5.4% below fair value)
  • GF Score™: 60/100 with 4 warning signs

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


Blackstone Mortgage Trust Business Description

Industry Real EstateREITs
Other Exchanges BXMT:USA079A:Germany
Address 345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is an externally managed real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Its portfolio is composed of senior loans secured by high-quality, institutional assets located in main markets, and sponsored by experienced, well-capitalized real estate investment owners and operators. The group finances its investments in a variety of ways, including borrowing under secured credit facilities, issuing collateralized loan obligations, or CLOs, other securitization transactions, syndicating senior loans and/or participations, and other forms of asset-level financing.
60GF Score

Get the complete analysis for MEX:BXMT

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

MXN381.20
Price
MXN403.08
GF Value