CEVA (MEX:CEVA) E10: MXN-2.28 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CEVA CEVA Inc MEX:CEVA
60 GF Score
Price MXN665.00
GF Value MXN393.94
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is CEVA E10?

CEVA MEX:CEVA 60 E10 is MXN-2.28 as of Jun. 2026. GuruFocus rates MEX:CEVA with a GF Score™ of 60/100 and a GF Value™ of MXN393.94 (Significantly Overvalued). The stock has 1 warning sign 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.

CEVA's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN-1.745. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-2.28 for the trailing ten years ended in Jun. 2026.

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 CEVA was 21.60% per year. The lowest was -67.10% per year. And the median was -6.00% per year.

As of today (2026-08-13), CEVA's current stock price is MXN665.00. CEVA's E10 for the quarter that ended in Jun. 2026 was MXN-2.28. CEVA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of CEVA was 3467.00. The lowest was 45.20. And the median was 107.97.


CEVA  (MEX:CEVA) 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.

During the past 13 years, the highest Shiller P/E Ratio of CEVA was 3467.00. The lowest was 45.20. And the median was 107.97.


Be Aware

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


CEVA E10 Related Terms


CEVA E10 Historical Data

* Premium members only.

The historical data trend for CEVA'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.

CEVA E10 Chart

CEVA 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 6.03 3.14 0.63 0.18 -1.36

CEVA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.39 -0.81 -1.36 -2.24 -2.28

MEX:CEVA vs AOSL, POET, WOLF: E10 Comparison

For the Semiconductors subindustry, CEVA'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.


CEVA Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, CEVA's Shiller PE Ratio distribution charts can be found below:

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


MEX:CEVA
60GF Score
CEVA Inc MEX:CEVA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEVA 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, CEVA's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.745/333.9520*333.9520
=-1.745

Current CPI (Jun. 2026) = 333.9520.

CEVA Quarterly Data

per share eps CPI Adj_EPS
201609 2.900 241.428 4.011
201612 4.948 241.432 6.844
201703 3.578 243.801 4.901
201706 3.073 244.955 4.189
201709 4.718 246.819 6.384
201712 2.750 246.524 3.725
201803 -1.817 249.554 -2.432
201806 -1.768 251.989 -2.343
201809 2.058 252.439 2.723
201812 1.963 251.233 2.609
201903 -1.940 254.202 -2.549
201906 -1.345 256.143 -1.754
201909 0.592 256.759 0.770
201912 2.640 256.974 3.431
202003 -1.172 258.115 -1.516
202006 -1.154 257.797 -1.495
202009 -0.663 260.280 -0.851
202012 0.597 260.474 0.765
202103 -3.271 264.877 -4.124
202106 0.199 271.696 0.245
202109 -0.206 274.310 -0.251
202112 3.487 278.802 4.177
202203 -1.394 287.504 -1.619
202206 -1.006 296.311 -1.134
202209 -19.310 296.808 -21.727
202212 1.560 296.797 1.755
202303 -3.785 301.836 -4.188
202306 -4.286 305.109 -4.691
202309 -3.658 307.789 -3.969
202312 2.716 306.746 2.957
202403 -3.817 312.332 -4.081
202406 -0.183 314.175 -0.195
202409 -1.181 315.301 -1.251
202412 -1.460 315.605 -1.545
202503 -2.864 319.799 -2.991
202506 -2.824 322.561 -2.924
202509 -1.834 324.800 -1.886
202512 -0.720 324.054 -0.742
202603 -2.885 330.213 -2.918
202606 -1.745 333.952 -1.745

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 MXN-2.28 mean?
CEVA (MEX:CEVA) has a E10 of MXN-2.28 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CEVA and its competitors.
Is CEVA's E10 too high?
CEVA's current E10 is MXN-2.28. Overall, CEVA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEVA's E10 compare to AOSL and POET?
CEVA's E10 of MXN-2.28 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 CEVA and its competitors. CEVA's current E10 is MXN-2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEVA stock overvalued right now?
Based on GuruFocus' analysis, CEVA (MEX:CEVA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN393.94, compared to a current price of MXN665.00 — trading 68.8% above its estimated fair value. The current E10 is MXN-2.28. CEVA's overall GF Score™ is 60/100 with 1 warning sign 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 CEVA (MEX:CEVA), the current E10 is MXN-2.28 as of Jun. 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 CEVA (MEX:CEVA) Overvalued in 2026?

Based on GuruFocus' analysis, CEVA stock appears to be overvalued. The current stock price of MXN665.00 is trading 68.8% above its estimated GF Value™ of MXN393.94. GuruFocus considers CEVA to be Significantly Overvalued.

Key valuation signals for MEX:CEVA:

  • E10: MXN-2.28
  • GF Value™: MXN393.94 vs. price of MXN665.00 (68.8% above fair value)
  • GF Score™: 60/100 with 1 warning sign

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


CEVA Business Description

Other Exchanges CEVA:USA0Q19:UKPVJA:Germany
Address 15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850
CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived mainly from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems. The company operates in one reportable segment: the licensing of IP to semiconductor companies and electronic equipment manufacturers.
60GF Score

Get the complete analysis for MEX:CEVA

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

MXN665.00
Price
MXN393.94
GF Value