Elastic NV (MEX:ESTCN) E10: MXN-32.95 (As of Apr. 2026)


MEX:ESTCN Elastic NV MEX:ESTCN
72 GF Score
Price MXN1,021.21
GF Value MXN1,970.78
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Elastic NV E10?

Elastic NV MEX:ESTCN 72 E10 is MXN-32.95 as of Apr. 2026. GuruFocus rates MEX:ESTCN with a GF Score™ of 72/100 and a GF Value™ of MXN1,970.78 (Significantly Undervalued). The stock has 3 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.

Elastic NV's adjusted earnings per share data for the fiscal year that ended in Apr. 2026 was MXN60.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-32.95 for the trailing ten years ended in Apr. 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.

As of today (2026-06-26), Elastic NV's current stock price is MXN 1021.21. Elastic NV's E10 for the fiscal year that ended in Apr. 2026 was MXN-32.95. Elastic NV's Shiller PE Ratio of today is .


Elastic NV  (MEX:ESTCN) 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.


Be Aware

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


Elastic NV E10 Related Terms


Elastic NV E10 Historical Data

* Premium members only.

The historical data trend for Elastic NV'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.

Elastic NV E10 Chart

Elastic NV Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -32.95

Elastic NV Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 -32.95

MEX:ESTCN vs TTAN, IDCC, PAYC: E10 Comparison

For the Software - Application subindustry, Elastic NV'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.


Elastic NV Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Elastic NV's Shiller PE Ratio distribution charts can be found below:

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


MEX:ESTCN
72GF Score
Elastic NV MEX:ESTCN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elastic NV 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, Elastic NV's adjusted earnings per share data for the fiscal year that ended in Apr. 2026 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=60.08/135.2700*135.2700
=60.080

Current CPI (Apr. 2026) = 135.2700.

Elastic NV Annual Data

per_share_eps CPI Adj_EPS
201704 -15.891 101.980 -21.078
201804 -15.985 103.110 -20.971
201904 -35.330 106.080 -45.052
202004 -50.835 107.340 -64.062
202104 -29.850 109.360 -36.922
202204 -44.790 119.810 -50.570
202304 -44.429 126.010 -47.694
202404 10.068 129.420 10.523
202504 -20.375 134.720 -20.458
202604 60.080 135.270 60.080

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-32.95 mean?
Elastic NV (MEX:ESTCN) has a E10 of MXN-32.95 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Elastic NV and its competitors.
Is Elastic NV's E10 too high?
Elastic NV's current E10 is MXN-32.95. Overall, Elastic NV has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elastic NV's E10 compare to TTAN and IDCC?
Elastic NV's E10 of MXN-32.95 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Elastic NV and its competitors. Elastic NV's current E10 is MXN-32.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastic NV stock overvalued right now?
Based on GuruFocus' analysis, Elastic NV (MEX:ESTCN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,970.78, compared to a current price of MXN1,021.21 — trading 48.2% below its estimated fair value. The current E10 is MXN-32.95. Elastic NV's overall GF Score™ is 72/100 with 3 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 Elastic NV (MEX:ESTCN), the current E10 is MXN-32.95 as of Apr. 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 Elastic NV (MEX:ESTCN) Overvalued in 2026?

Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued. The current stock price of MXN1,021.21 is trading 48.2% below its estimated GF Value™ of MXN1,970.78. GuruFocus considers Elastic NV to be Significantly Undervalued.

Key valuation signals for MEX:ESTCN:

  • E10: MXN-32.95
  • GF Value™: MXN1,970.78 vs. price of MXN1,021.21 (48.2% below fair value)
  • GF Score™: 72/100 with 3 warning signs

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


Elastic NV Business Description

Address Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED
Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
72GF Score

Get the complete analysis for MEX:ESTCN

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

MXN1,021.21
Price
MXN1,970.78
GF Value