GDS Holdings (MEX:GDSN) E10: MXN-7.20 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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:GDSN GDS Holdings Ltd MEX:GDSN
66 GF Score
Price MXN596.00
GF Value MXN464.01
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is GDS Holdings E10?

GDS Holdings MEX:GDSN 66 E10 is MXN-7.20 as of Jun. 2026. GuruFocus rates MEX:GDSN with a GF Score™ of 66/100 and a GF Value™ of MXN464.01 (Modestly Overvalued). The stock has 5 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.

GDS Holdings's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN9.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-7.20 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.

As of today (2026-08-17), GDS Holdings's current stock price is MXN596.00. GDS Holdings's E10 for the quarter that ended in Jun. 2026 was MXN-7.20. GDS Holdings's Shiller PE Ratio of today is .


GDS Holdings  (MEX:GDSN) 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.


GDS Holdings E10 Related Terms


GDS Holdings E10 Historical Data

* Premium members only.

The historical data trend for GDS Holdings'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.

GDS Holdings E10 Chart

GDS Holdings 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 0.00 -9.14

GDS Holdings 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 -8.65 -8.71 -9.14 -8.17 -7.20

MEX:GDSN vs PSN, INGM, G: E10 Comparison

For the Information Technology Services subindustry, GDS Holdings'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.


GDS Holdings Shiller PE Ratio vs Software Industry

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

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


MEX:GDSN
66GF Score
GDS Holdings Ltd MEX:GDSN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GDS Holdings 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, GDS Holdings'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)
=9.065/116.0564*116.0564
=9.065

Current CPI (Jun. 2026) = 116.0564.

GDS Holdings Quarterly Data

per share eps CPI Adj_EPS
201609 -2.610 102.400 -2.958
201612 -4.529 102.600 -5.123
201703 -1.311 103.200 -1.474
201706 -2.125 103.100 -2.392
201709 -2.652 104.100 -2.957
201712 -3.336 104.500 -3.705
201803 -2.071 105.300 -2.283
201806 -2.431 104.900 -2.690
201809 -2.619 106.600 -2.851
201812 -2.738 106.500 -2.984
201903 -3.468 107.700 -3.737
201906 -2.228 107.700 -2.401
201909 -2.442 109.800 -2.581
201912 -2.151 111.200 -2.245
202003 -2.405 112.300 -2.485
202006 -2.608 110.400 -2.742
202009 -4.671 111.700 -4.853
202012 -5.110 111.500 -5.319
202103 -5.274 112.662 -5.433
202106 -5.453 111.769 -5.662
202109 -5.860 112.215 -6.061
202112 -6.184 113.108 -6.345
202203 -9.791 114.335 -9.938
202206 -6.490 114.558 -6.575
202209 -5.502 115.339 -5.536
202212 -2.908 115.116 -2.932
202303 -6.906 115.116 -6.962
202306 -3.064 114.558 -3.104
202309 -5.728 115.339 -5.764
202312 -41.079 114.781 -41.535
202403 -4.425 115.227 -4.457
202406 -3.232 114.781 -3.268
202409 -3.117 115.785 -3.124
202412 64.394 114.893 65.046
202503 9.708 115.116 9.787
202506 -1.259 114.907 -1.272
202509 8.241 115.471 8.283
202512 -6.340 115.832 -6.352
202603 27.630 116.303 27.571
202606 9.065 116.056 9.065

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-7.20 mean?
GDS Holdings (MEX:GDSN) has a E10 of MXN-7.20 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GDS Holdings and its competitors.
Is GDS Holdings' E10 too high?
GDS Holdings' current E10 is MXN-7.20. Overall, GDS Holdings has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GDS Holdings' E10 compare to PSN and INGM?
GDS Holdings' E10 of MXN-7.20 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 GDS Holdings and its competitors. GDS Holdings's current E10 is MXN-7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDS Holdings stock overvalued right now?
Based on GuruFocus' analysis, GDS Holdings (MEX:GDSN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN464.01, compared to a current price of MXN596.00 — trading 28.4% above its estimated fair value. The current E10 is MXN-7.20. GDS Holdings' overall GF Score™ is 66/100 with 5 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 GDS Holdings (MEX:GDSN), the current E10 is MXN-7.20 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 GDS Holdings (MEX:GDSN) Overvalued in 2026?

Based on GuruFocus' analysis, GDS Holdings stock appears to be overvalued. The current stock price of MXN596.00 is trading 28.4% above its estimated GF Value™ of MXN464.01. GuruFocus considers GDS Holdings to be Modestly Overvalued.

Key valuation signals for MEX:GDSN:

  • E10: MXN-7.20
  • GF Value™: MXN464.01 vs. price of MXN596.00 (28.4% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


GDS Holdings Business Description

Address No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137
GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China, and it has also started expanding into Southeast Asia via the now 23% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.
66GF Score

Get the complete analysis for MEX:GDSN

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

MXN596.00
Price
MXN464.01
GF Value