H&R Block (MEX:HRB) E10: MXN64.34 (As of Mar. 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:HRB H&R Block Inc MEX:HRB
75 GF Score
Price MXN687.11
GF Value MXN982.21
! 1 Warning Sign
View Full Analysis

What is H&R Block E10?

H&R Block MEX:HRB 75 E10 is MXN64.34 as of Mar. 2026. GuruFocus rates MEX:HRB with a GF Score™ of 75/100 and a GF Value™ of MXN982.21. 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.

H&R Block's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN119.016. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN64.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, H&R Block's average E10 Growth Rate was 14.10% per year. During the past 3 years, the average E10 Growth Rate was 10.00% per year. During the past 5 years, the average E10 Growth Rate was 13.30% per year. During the past 10 years, the average E10 Growth Rate was 12.40% 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 H&R Block was 24.00% per year. The lowest was -6.80% per year. And the median was 7.90% per year.

As of today (2026-08-01), H&R Block's current stock price is MXN687.11. H&R Block's E10 for the quarter that ended in Mar. 2026 was MXN64.34. H&R Block's Shiller PE Ratio of today is 10.68.

During the past 13 years, the highest Shiller PE Ratio of H&R Block was 26.37. The lowest was 6.98. And the median was 15.32.


H&R Block  (MEX:HRB) 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.

H&R Block's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=687.11/64.34
=10.68

* 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 H&R Block was 26.37. The lowest was 6.98. And the median was 15.32.


Be Aware

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


H&R Block E10 Related Terms


H&R Block E10 Historical Data

* Premium members only.

The historical data trend for H&R Block'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.

H&R Block E10 Chart

H&R Block Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.80 27.73 33.60 21.81 71.83

H&R Block Quarterly Data
Apr21 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 74.55 71.83 57.25 63.85 64.34

MEX:HRB vs FTDR, ANDG, BFAM: E10 Comparison

For the Personal Services subindustry, H&R Block'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.


H&R Block Shiller PE Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where H&R Block's Shiller PE Ratio falls into.


MEX:HRB
75GF Score
H&R Block Inc MEX:HRB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H&R Block 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, H&R Block'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)
=119.016/330.2130*330.2130
=119.016

Current CPI (Mar. 2026) = 330.2130.

H&R Block Quarterly Data

per share eps CPI Adj_EPS
201604 53.805 239.261 74.258
201607 -10.506 240.628 -14.417
201610 -12.777 241.729 -17.454
201701 -10.476 242.839 -14.245
201704 71.003 244.524 95.885
201707 -11.251 244.786 -15.177
201710 -14.155 246.663 -18.950
201801 -21.973 247.867 -29.273
201804 101.742 250.546 134.093
201807 -13.763 252.006 -18.034
201810 -17.419 252.885 -22.745
201901 -11.813 251.712 -15.497
201904 81.486 255.548 105.294
201907 -14.055 256.571 -18.089
201910 -18.215 257.346 -23.373
202001 -12.656 257.971 -16.200
202004 56.830 256.389 73.193
202007 10.446 259.101 13.313
202010 -25.106 260.388 -31.838
202101 -25.724 261.582 -32.473
202104 103.467 267.054 127.937
202109 -17.478 274.310 -21.040
202112 -22.565 278.802 -26.726
202203 80.640 287.504 92.619
202206 27.360 296.311 30.490
202209 -21.322 296.808 -23.722
202212 -28.269 296.797 -31.452
202303 74.263 301.836 81.245
202306 33.602 305.109 36.367
202309 -19.509 307.789 -20.930
202312 -22.576 306.746 -24.303
202403 80.658 312.332 85.276
202406 33.159 314.175 34.852
202409 -24.416 315.301 -25.571
202412 -37.540 315.605 -39.278
202503 108.633 319.799 112.171
202506 41.424 322.561 42.407
202509 -23.114 324.800 -23.499
202512 -34.571 324.054 -35.228
202603 119.016 330.213 119.016

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 MXN64.34 mean?
H&R Block (MEX:HRB) has a E10 of MXN64.34 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on H&R Block and its competitors.
Is H&R Block's E10 too high?
H&R Block's current E10 is MXN64.34. Overall, H&R Block has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does H&R Block's E10 compare to FTDR and ANDG?
H&R Block's E10 of MXN64.34 can be compared against companies in the Personal Services 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 Personal Services company?
A good E10 depends on the Personal Services 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 H&R Block and its competitors. H&R Block's current E10 is MXN64.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H&R Block stock overvalued right now?
H&R Block (MEX:HRB) has a current E10 of MXN64.34. The stock's GF Value™ is MXN982.21, compared to a current price of MXN687.11 — trading 30% below its estimated fair value. The current E10 is MXN64.34. H&R Block's overall GF Score™ is 75/100 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 H&R Block (MEX:HRB), the current E10 is MXN64.34 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 H&R Block (MEX:HRB) Overvalued in 2026?

Based on GuruFocus' analysis, H&R Block stock appears to be undervalued. The current stock price of MXN687.11 is trading 30% below its estimated GF Value™ of MXN982.21.

Key valuation signals for MEX:HRB:

  • E10: MXN64.34
  • GF Value™: MXN982.21 vs. price of MXN687.11 (30% below fair value)
  • GF Score™: 75/100 with 1 warning sign

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


H&R Block Business Description

Address One H&R Block Way, Kansas City, MO, USA, 64105
H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives the majority of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively.
75GF Score

Get the complete analysis for MEX:HRB

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

MXN687.11
Price
MXN982.21
GF Value