ONE Gas (MEX:OGS) E10: MXN54.89 (As of Mar. 2026)


MEX:OGS ONE Gas Inc MEX:OGS
79 GF Score
Price MXN1,072.02
GF Value MXN977.66
! 4 Warning Signs
View Full Analysis

What is ONE Gas E10?

ONE Gas MEX:OGS 79 E10 is MXN54.89 as of Mar. 2026. GuruFocus rates MEX:OGS with a GF Score™ of 79/100 and a GF Value™ of MXN977.66. 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.

ONE Gas's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN36.787. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN54.89 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ONE Gas's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was 6.60% 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 ONE Gas was 6.60% per year. The lowest was 6.60% per year. And the median was 6.60% per year.

As of today (2026-06-28), ONE Gas's current stock price is MXN1072.02. ONE Gas's E10 for the quarter that ended in Mar. 2026 was MXN54.89. ONE Gas's Shiller PE Ratio of today is 19.53.

During the past 13 years, the highest Shiller PE Ratio of ONE Gas was 27.10. The lowest was 15.34. And the median was 18.69.


ONE Gas  (MEX:OGS) 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.

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

Shiller PE Ratio=Share Price/E10
=1072.02/54.89
=19.53

* 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 ONE Gas was 27.10. The lowest was 15.34. And the median was 18.69.


Be Aware

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


ONE Gas E10 Related Terms


ONE Gas E10 Historical Data

* Premium members only.

The historical data trend for ONE Gas'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.

ONE Gas E10 Chart

ONE Gas 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 64.27 62.70 59.53

ONE Gas 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 58.86 62.66 56.42 59.53 54.89

MEX:OGS vs SR, MDU, BKH: E10 Comparison

For the Utilities - Regulated Gas subindustry, ONE Gas'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.


ONE Gas Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ONE Gas's Shiller PE Ratio distribution charts can be found below:

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


MEX:OGS
79GF Score
ONE Gas Inc MEX:OGS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ONE Gas 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, ONE Gas'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)
=36.787/330.2130*330.2130
=36.787

Current CPI (Mar. 2026) = 330.2130.

ONE Gas Quarterly Data

per share eps CPI Adj_EPS
201606 7.028 241.018 9.629
201609 4.641 241.428 6.348
201612 16.494 241.432 22.559
201703 27.114 243.801 36.724
201706 7.050 244.955 9.504
201709 6.533 246.819 8.740
201712 17.479 246.524 23.413
201803 31.248 249.554 41.348
201806 7.663 251.989 10.042
201809 5.799 252.439 7.586
201812 16.493 251.233 21.678
201903 34.140 254.202 44.348
201906 8.836 256.143 11.391
201909 6.515 256.759 8.379
201912 18.106 256.974 23.266
202003 40.331 258.115 51.596
202006 11.079 257.797 14.191
202009 8.615 260.280 10.930
202012 21.682 260.474 27.487
202103 36.589 264.877 45.614
202106 11.147 271.696 13.548
202109 7.814 274.310 9.406
202112 22.976 278.802 27.213
202203 36.437 287.504 41.850
202206 11.870 296.311 13.228
202209 8.851 296.808 9.847
202212 23.980 296.797 26.680
202303 33.166 301.836 36.284
202306 9.943 305.109 10.761
202309 7.839 307.789 8.410
202312 21.557 306.746 23.206
202403 29.043 312.332 30.706
202406 8.794 314.175 9.243
202409 6.695 315.301 7.012
202412 27.947 315.605 29.241
202503 40.507 319.799 41.826
202506 9.979 322.561 10.216
202509 8.071 324.800 8.206
202512 25.568 324.054 26.054
202603 36.787 330.213 36.787

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 MXN54.89 mean?
ONE Gas (MEX:OGS) has a E10 of MXN54.89 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ONE Gas and its competitors.
Is ONE Gas' E10 too high?
ONE Gas' current E10 is MXN54.89. Overall, ONE Gas has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does ONE Gas' E10 compare to SR and MDU?
ONE Gas' E10 of MXN54.89 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 ONE Gas and its competitors. ONE Gas's current E10 is MXN54.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ONE Gas stock overvalued right now?
ONE Gas (MEX:OGS) has a current E10 of MXN54.89. The stock's GF Value™ is MXN977.66, compared to a current price of MXN1,072.02 — trading 9.7% above its estimated fair value. The current E10 is MXN54.89. ONE Gas' overall GF Score™ is 79/100 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 ONE Gas (MEX:OGS), the current E10 is MXN54.89 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 ONE Gas (MEX:OGS) Overvalued in 2026?

Based on GuruFocus' analysis, ONE Gas stock appears to be overvalued. The current stock price of MXN1,072.02 is trading 9.7% above its estimated GF Value™ of MXN977.66.

Key valuation signals for MEX:OGS:

  • E10: MXN54.89
  • GF Value™: MXN977.66 vs. price of MXN1,072.02 (9.7% above fair value)
  • GF Score™: 79/100 with 4 warning signs

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


ONE Gas Business Description

Other Exchanges OGS:USA
Address 15 East Fifth Street, Tulsa, OK, USA, 74103
ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. It operates in one reportable business segment: regulated public utilities that deliver natural gas to residential, commercial, and transportation customers.
79GF Score

Get the complete analysis for MEX:OGS

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

MXN1,072.02
Price
MXN977.66
GF Value