Exponent (MEX:EXPO) E10: MXN59.65 (As of Jun. 2026)

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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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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:EXPO Exponent Inc MEX:EXPO
80 GF Score
Price MXN1,779.10
GF Value MXN2,400.24
! 4 Warning Signs
View Full Analysis

What is Exponent E10?

Exponent MEX:EXPO 80 E10 is MXN59.65 as of Jun. 2026. GuruFocus rates MEX:EXPO with a GF Score™ of 80/100 and a GF Value™ of MXN2,400.24. 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.

Exponent's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN10.469. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN59.65 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Exponent's average E10 Growth Rate was 9.40% per year. During the past 3 years, the average E10 Growth Rate was 9.90% per year. During the past 5 years, the average E10 Growth Rate was 12.70% per year. During the past 10 years, the average E10 Growth Rate was 13.90% 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 Exponent was 22.90% per year. The lowest was 5.30% per year. And the median was 14.90% per year.

As of today (2026-08-12), Exponent's current stock price is MXN1779.10. Exponent's E10 for the quarter that ended in Jun. 2026 was MXN59.65. Exponent's Shiller PE Ratio of today is 29.83.

During the past 13 years, the highest Shiller PE Ratio of Exponent was 106.95. The lowest was 28.17. And the median was 64.56.


Exponent  (MEX:EXPO) 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.

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

Shiller PE Ratio=Share Price/E10
=1779.10/59.65
=29.83

* 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 Exponent was 106.95. The lowest was 28.17. And the median was 64.56.


Be Aware

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


Exponent E10 Related Terms


Exponent E10 Historical Data

* Premium members only.

The historical data trend for Exponent'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.

Exponent E10 Chart

Exponent 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 25.14 31.32 34.14 47.64

Exponent 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 42.86 47.11 47.64 52.08 59.65

MEX:EXPO vs TPC, KBR, PRIM: E10 Comparison

For the Engineering & Construction subindustry, Exponent'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.


Exponent Shiller PE Ratio vs Construction Industry

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

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


MEX:EXPO
80GF Score
Exponent Inc MEX:EXPO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exponent 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, Exponent'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)
=10.469/333.9520*333.9520
=10.469

Current CPI (Jun. 2026) = 333.9520.

Exponent Quarterly Data

per share eps CPI Adj_EPS
201609 4.060 241.428 5.616
201612 4.020 241.432 5.561
201703 5.743 243.801 7.867
201706 4.700 244.955 6.408
201709 4.900 246.819 6.630
201712 -1.375 246.524 -1.863
201803 6.904 249.554 9.239
201806 6.681 251.989 8.854
201809 5.986 252.439 7.919
201812 5.890 251.233 7.829
201903 8.147 254.202 10.703
201906 7.491 256.143 9.767
201909 7.107 256.759 9.244
201912 6.790 256.974 8.824
202003 11.490 258.115 14.866
202006 7.155 257.797 9.269
202009 7.511 260.280 9.637
202012 8.156 260.474 10.457
202103 11.856 264.877 14.948
202106 9.555 271.696 11.744
202109 9.459 274.310 11.516
202112 7.795 278.802 9.337
202203 11.150 287.504 12.951
202206 9.858 296.311 11.110
202209 9.454 296.808 10.637
202212 8.578 296.797 9.652
202303 10.094 301.836 11.168
202306 8.572 305.109 9.382
202309 8.361 307.789 9.072
202312 6.959 306.746 7.576
202403 9.792 312.332 10.470
202406 10.442 314.175 11.099
202409 9.845 315.301 10.427
202412 9.594 315.605 10.152
202503 10.638 319.799 11.109
202506 9.791 322.561 10.137
202509 10.089 324.800 10.373
202512 8.823 324.054 9.092
202603 10.639 330.213 10.759
202606 10.469 333.952 10.469

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 MXN59.65 mean?
Exponent (MEX:EXPO) has a E10 of MXN59.65 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Exponent and its competitors.
Is Exponent's E10 too high?
Exponent's current E10 is MXN59.65. Overall, Exponent has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Exponent's E10 compare to TPC and KBR?
Exponent's E10 of MXN59.65 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Exponent and its competitors. Exponent's current E10 is MXN59.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exponent stock overvalued right now?
Exponent (MEX:EXPO) has a current E10 of MXN59.65. The stock's GF Value™ is MXN2,400.24, compared to a current price of MXN1,779.10 — trading 25.9% below its estimated fair value. The current E10 is MXN59.65. Exponent's overall GF Score™ is 80/100 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 Exponent (MEX:EXPO), the current E10 is MXN59.65 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 Exponent (MEX:EXPO) Overvalued in 2026?

Based on GuruFocus' analysis, Exponent stock appears to be undervalued. The current stock price of MXN1,779.10 is trading 25.9% below its estimated GF Value™ of MXN2,400.24.

Key valuation signals for MEX:EXPO:

  • E10: MXN59.65
  • GF Value™: MXN2,400.24 vs. price of MXN1,779.10 (25.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs

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


Exponent Business Description

Other Exchanges EXPO:USAEP5:Germany
Address 149 Commonwealth Drive, Menlo Park, CA, USA, 94025
Exponent Inc is a science and engineering consulting firm that provides solutions to complex problems. The company's consultant team is composed of scientists, physicians, engineers, as well as business and regulatory consultants. The company currently operates through two segments. The engineering and other scientific segments, which account for the majority of revenue, provide servicing encompassing biomechanics, biomedical engineering, buildings and structures, civil engineering, construction consulting, etc. The environmental and health segment covers chemical regulation and food safety, ecological and biological sciences, environmental and earth sciences and others. The company generates almost all of its revenues from America.
80GF Score

Get the complete analysis for MEX:EXPO

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

MXN1,779.10
Price
MXN2,400.24
GF Value