Natera (MEX:NTRA) E10: MXN-64.95 (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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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:NTRA Natera Inc MEX:NTRA
60 GF Score
Price MXN3,905.00
GF Value MXN2,983.49
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Natera E10?

Natera MEX:NTRA 60 E10 is MXN-64.95 as of Mar. 2026. GuruFocus rates MEX:NTRA with a GF Score™ of 60/100 and a GF Value™ of MXN2,983.49 (Significantly 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.

Natera's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN-10.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-64.95 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.

As of today (2026-07-22), Natera's current stock price is MXN3905.00. Natera's E10 for the quarter that ended in Mar. 2026 was MXN-64.95. Natera's Shiller PE Ratio of today is .


Natera  (MEX:NTRA) 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.


Natera E10 Related Terms


Natera E10 Historical Data

* Premium members only.

The historical data trend for Natera'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.

Natera E10 Chart

Natera 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 -52.43

Natera 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 0.00 0.00 0.00 -52.43 -64.95

MEX:NTRA vs WAT, A, IQV: E10 Comparison

For the Diagnostics & Research subindustry, Natera'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.


Natera Shiller PE Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Natera's Shiller PE Ratio distribution charts can be found below:

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


MEX:NTRA
60GF Score
Natera Inc MEX:NTRA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Natera 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, Natera'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)
=-10.82/330.2130*330.2130
=-10.820

Current CPI (Mar. 2026) = 330.2130.

Natera Quarterly Data

per share eps CPI Adj_EPS
201606 -8.507 241.018 -11.655
201609 -9.668 241.428 -13.223
201612 -16.906 241.432 -23.123
201703 -12.239 243.801 -16.577
201706 -9.942 244.955 -13.402
201709 -9.437 246.819 -12.626
201712 -17.479 246.524 -23.413
201803 -11.082 249.554 -14.664
201806 -12.183 251.989 -15.965
201809 -9.165 252.439 -11.989
201812 -10.014 251.233 -13.162
201903 -10.475 254.202 -13.607
201906 -9.220 256.143 -11.886
201909 -6.515 256.759 -8.379
201912 -8.676 256.974 -11.149
202003 -10.552 258.115 -13.499
202006 -17.312 257.797 -22.175
202009 -15.906 260.280 -20.180
202012 -18.102 260.474 -22.949
202103 -15.126 264.877 -18.857
202106 -26.276 271.696 -31.935
202109 -33.516 274.310 -40.346
202112 -30.566 278.802 -36.202
202203 -28.871 287.504 -33.160
202206 -30.177 296.311 -33.630
202209 -25.144 296.808 -27.974
202212 -26.710 296.797 -29.717
202303 -22.171 301.836 -24.255
202306 -16.630 305.109 -17.998
202309 -16.548 307.789 -17.754
202312 -10.864 306.746 -11.695
202403 -9.294 312.332 -9.826
202406 -5.496 314.175 -5.777
202409 -5.119 315.301 -5.361
202412 -8.551 315.605 -8.947
202503 -10.229 319.799 -10.562
202506 -13.934 322.561 -14.265
202509 -11.740 324.800 -11.936
202512 6.482 324.054 6.605
202603 -10.820 330.213 -10.820

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-64.95 mean?
Natera (MEX:NTRA) has a E10 of MXN-64.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Natera and its competitors.
Is Natera's E10 too high?
Natera's current E10 is MXN-64.95. Overall, Natera has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natera's E10 compare to WAT and A?
Natera's E10 of MXN-64.95 can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good E10 depends on the Medical Diagnostics & Research 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 Natera and its competitors. Natera's current E10 is MXN-64.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natera stock overvalued right now?
Based on GuruFocus' analysis, Natera (MEX:NTRA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,983.49, compared to a current price of MXN3,905.00 — trading 30.9% above its estimated fair value. The current E10 is MXN-64.95. Natera's overall GF Score™ is 60/100 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 Natera (MEX:NTRA), the current E10 is MXN-64.95 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 Natera (MEX:NTRA) Overvalued in 2026?

Based on GuruFocus' analysis, Natera stock appears to be overvalued. The current stock price of MXN3,905.00 is trading 30.9% above its estimated GF Value™ of MXN2,983.49. GuruFocus considers Natera to be Significantly Overvalued.

Key valuation signals for MEX:NTRA:

  • E10: MXN-64.95
  • GF Value™: MXN2,983.49 vs. price of MXN3,905.00 (30.9% above fair value)
  • GF Score™: 60/100 with 5 warning signs

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


Natera Business Description

Other Exchanges NTRA:USA45E:Germany
Address 13011 McCallen Pass, Building A Suite 100, Austin, TX, USA, 78753
Natera Inc is a diagnostic and research company with proprietary molecular and bioinformatics technology. The company's key product offerings include its Panorama Non-Invasive Prenatal Test (NIPT) which screens for chromosomal abnormalities of a fetus as well as in twin pregnancies, typically with a blood draw from the mother, Horizon Carrier Screening (HCS) to determine carrier status for a large number of severe genetic diseases that could be passed on to the carrier's children, Signatera molecular residual disease (MRD) test, which detects circulating tumor DNA in patients previously diagnosed with cancer to assess molecular residual disease and monitor for recurrence; and Prospera, to assess organ transplant rejection.
60GF Score

Get the complete analysis for MEX:NTRA

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

MXN3,905.00
Price
MXN2,983.49
GF Value