Euroseas (MEX:ESEAN) E10: MXN46.81 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:ESEAN Euroseas Ltd MEX:ESEAN
50 GF Score
Price MXN1,174.50
GF Value MXN615.69
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Euroseas E10?

Euroseas MEX:ESEAN 50 E10 is MXN46.81 as of Mar. 2026. GuruFocus rates MEX:ESEAN with a GF Score™ of 50/100 and a GF Value™ of MXN615.69 (Significantly Overvalued). The stock has 10 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.

Euroseas's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN83.852. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN46.81 for the trailing ten years ended in Mar. 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 Euroseas was 55.40% per year. The lowest was -34.80% per year. And the median was 5.35% per year.

As of today (2026-07-21), Euroseas's current stock price is MXN1174.50. Euroseas's E10 for the quarter that ended in Mar. 2026 was MXN46.81. Euroseas's Shiller PE Ratio of today is 25.09.

During the past 13 years, the highest Shiller PE Ratio of Euroseas was 3230.00. The lowest was 23.59. And the median was 36.19.


Euroseas  (MEX:ESEAN) 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.

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

Shiller PE Ratio=Share Price/E10
=1174.50/46.81
=25.09

* 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 Euroseas was 3230.00. The lowest was 23.59. And the median was 36.19.


Be Aware

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


Euroseas E10 Related Terms


Euroseas E10 Historical Data

* Premium members only.

The historical data trend for Euroseas'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.

Euroseas E10 Chart

Euroseas 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 0.00 0.00 -55.14 34.92

Euroseas 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 -17.89 0.37 13.94 34.92 46.81

MEX:ESEAN vs PANL, CMDB, ASC: E10 Comparison

For the Marine Shipping subindustry, Euroseas'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.


Euroseas Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Euroseas's Shiller PE Ratio distribution charts can be found below:

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


MEX:ESEAN
50GF Score
Euroseas Ltd MEX:ESEAN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euroseas 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, Euroseas'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)
=83.852/124.8200*124.8200
=83.852

Current CPI (Mar. 2026) = 124.8200.

Euroseas Quarterly Data

per share eps CPI Adj_EPS
201606 -358.034 100.121 -446.359
201609 -94.357 99.878 -117.920
201612 -357.911 100.110 -446.256
201703 -36.152 100.770 -44.780
201706 -18.799 101.138 -23.201
201709 -76.948 100.882 -95.207
201712 20.425 100.762 25.302
201803 -24.708 100.534 -30.677
201806 29.867 102.121 36.506
201809 79.309 101.982 97.070
201812 -10.996 101.330 -13.545
201903 -6.207 101.482 -7.634
201906 -21.514 101.837 -26.369
201909 -1.974 101.906 -2.418
201912 -3.395 102.120 -4.150
202003 7.503 101.479 9.229
202006 4.616 100.239 5.748
202009 0.221 99.886 0.276
202012 1.392 99.751 1.742
202103 10.834 99.817 13.548
202106 22.096 101.270 27.234
202109 24.058 102.095 29.413
202112 64.209 104.853 76.436
202203 82.232 108.651 94.469
202206 85.300 113.517 93.793
202209 70.402 114.371 76.834
202212 55.759 112.428 61.905
202303 73.902 113.620 81.187
202306 71.147 115.515 76.878
202309 80.998 116.234 86.981
202312 60.428 116.364 64.819
202403 47.631 117.285 50.691
202406 106.989 118.129 113.049
202409 77.777 119.650 81.138
202412 72.786 119.360 76.116
202503 108.224 120.133 112.447
202506 80.777 121.399 83.054
202509 77.963 121.950 79.798
202512 104.253 122.450 106.271
202603 83.852 124.820 83.852

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 MXN46.81 mean?
Euroseas (MEX:ESEAN) has a E10 of MXN46.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Euroseas and its competitors.
Is Euroseas' E10 too high?
Euroseas' current E10 is MXN46.81. Overall, Euroseas has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Euroseas' E10 compare to PANL and CMDB?
Euroseas' E10 of MXN46.81 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Euroseas and its competitors. Euroseas's current E10 is MXN46.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euroseas stock overvalued right now?
Based on GuruFocus' analysis, Euroseas (MEX:ESEAN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN615.69, compared to a current price of MXN1,174.50 — trading 90.8% above its estimated fair value. The current E10 is MXN46.81. Euroseas' overall GF Score™ is 50/100 with 10 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 Euroseas (MEX:ESEAN), the current E10 is MXN46.81 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 Euroseas (MEX:ESEAN) Overvalued in 2026?

Based on GuruFocus' analysis, Euroseas stock appears to be overvalued. The current stock price of MXN1,174.50 is trading 90.8% above its estimated GF Value™ of MXN615.69. GuruFocus considers Euroseas to be Significantly Overvalued.

Key valuation signals for MEX:ESEAN:

  • E10: MXN46.81
  • GF Value™: MXN615.69 vs. price of MXN1,174.50 (90.8% above fair value)
  • GF Score™: 50/100 with 10 warning signs

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


Euroseas Business Description

Other Exchanges ESEA:USA2LE1:Germany
Address 4 Messogiou and Evropis Street, Maroussi, GRC, 15124
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes, providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.
50GF Score

Get the complete analysis for MEX:ESEAN

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

MXN1,174.50
Price
MXN615.69
GF Value