ON Semiconductor (MEX:ON) E10: MXN41.07 (As of Mar. 2026)


MEX:ON ON Semiconductor Corp MEX:ON
64 GF Score
Price MXN2,037.51
GF Value MXN1,038.83
Valuation Significantly Overvalued
! 7 Warning Signs
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What is ON Semiconductor E10?

ON Semiconductor MEX:ON +2.65% 64 E10 is MXN41.07 as of Mar. 2026. GuruFocus rates MEX:ON with a GF Score™ of 64/100 and a GF Value™ of MXN1,038.83 (Significantly Overvalued). The stock has 7 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.

ON Semiconductor's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN-1.443. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN41.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ON Semiconductor's average E10 Growth Rate was 6.90% per year. During the past 3 years, the average E10 Growth Rate was 17.40% per year. During the past 5 years, the average E10 Growth Rate was 31.60% per year. During the past 10 years, the average E10 Growth Rate was 29.80% 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 ON Semiconductor was 62.20% per year. The lowest was 9.60% per year. And the median was 30.80% per year.

As of today (2026-06-26), ON Semiconductor's current stock price is MXN2037.51. ON Semiconductor's E10 for the quarter that ended in Mar. 2026 was MXN41.07. ON Semiconductor's Shiller PE Ratio of today is 49.61.

During the past 13 years, the highest Shiller PE Ratio of ON Semiconductor was 108.25. The lowest was 15.60. And the median was 48.23.


ON Semiconductor  (MEX:ON) 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.

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

Shiller PE Ratio=Share Price/E10
=2037.51/41.07
=49.61

* 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 ON Semiconductor was 108.25. The lowest was 15.60. And the median was 48.23.


Be Aware

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


ON Semiconductor E10 Related Terms


ON Semiconductor E10 Historical Data

* Premium members only.

The historical data trend for ON Semiconductor'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.

ON Semiconductor E10 Chart

ON Semiconductor 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 18.63 27.02 32.28 46.78 42.27

ON Semiconductor 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 45.81 41.35 43.63 42.27 41.07

MEX:ON vs GFS, CRDO, MCHP: E10 Comparison

For the Semiconductors subindustry, ON Semiconductor'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.


ON Semiconductor Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ON Semiconductor's Shiller PE Ratio distribution charts can be found below:

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


MEX:ON
64GF Score
ON Semiconductor Corp MEX:ON
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ON Semiconductor 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, ON Semiconductor'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)
=-1.443/330.2130*330.2130
=-1.443

Current CPI (Mar. 2026) = 330.2130.

ON Semiconductor Quarterly Data

per share eps CPI Adj_EPS
201606 1.110 241.018 1.521
201609 0.387 241.428 0.529
201612 5.360 241.432 7.331
201703 3.389 243.801 4.590
201706 3.977 244.955 5.361
201709 4.537 246.819 6.070
201712 23.960 246.524 32.094
201803 5.632 249.554 7.452
201806 6.877 251.989 9.012
201809 7.108 252.439 9.298
201812 7.658 251.233 10.065
201903 5.237 254.202 6.803
201906 4.610 256.143 5.943
201909 -2.961 256.759 -3.808
201912 2.640 256.974 3.392
202003 -0.703 258.115 -0.899
202006 -0.079 257.797 -0.101
202009 8.395 260.280 10.651
202012 4.177 260.474 5.295
202103 4.088 264.877 5.096
202106 8.361 271.696 10.162
202109 14.393 274.310 17.326
202112 19.693 278.802 23.324
202203 23.495 287.504 26.985
202206 20.520 296.311 22.868
202209 14.080 296.808 15.665
202212 26.320 296.797 29.283
202303 18.566 301.836 20.311
202306 22.116 305.109 23.936
202309 22.470 307.789 24.107
202312 21.727 306.746 23.389
202403 17.260 312.332 18.248
202406 14.290 314.175 15.019
202409 18.312 315.301 19.178
202412 18.353 315.605 19.202
202503 -23.527 319.799 -24.293
202506 7.720 322.561 7.903
202509 11.557 324.800 11.750
202512 8.103 324.054 8.257
202603 -1.443 330.213 -1.443

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 MXN41.07 mean?
ON Semiconductor (MEX:ON) has a E10 of MXN41.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ON Semiconductor and its competitors.
Is ON Semiconductor's E10 too high?
ON Semiconductor's current E10 is MXN41.07. Overall, ON Semiconductor has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ON Semiconductor's E10 compare to GFS and CRDO?
ON Semiconductor's E10 of MXN41.07 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 ON Semiconductor and its competitors. ON Semiconductor's current E10 is MXN41.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ON Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, ON Semiconductor (MEX:ON) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,038.83, compared to a current price of MXN2,037.51 — trading 96.1% above its estimated fair value. The current E10 is MXN41.07. ON Semiconductor's overall GF Score™ is 64/100 with 7 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 ON Semiconductor (MEX:ON), the current E10 is MXN41.07 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 ON Semiconductor (MEX:ON) Overvalued in 2026?

Based on GuruFocus' analysis, ON Semiconductor stock appears to be overvalued. The current stock price of MXN2,037.51 is trading 96.1% above its estimated GF Value™ of MXN1,038.83. GuruFocus considers ON Semiconductor to be Significantly Overvalued.

Key valuation signals for MEX:ON:

  • E10: MXN41.07
  • GF Value™: MXN1,038.83 vs. price of MXN2,037.51 (96.1% above fair value)
  • GF Score™: 64/100 with 7 warning signs

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


ON Semiconductor Business Description

Address 5701 North Pima Road, Scottsdale, AZ, USA, 85250
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
64GF Score

Get the complete analysis for MEX:ON

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

MXN2,037.51
Price
MXN1,038.83
GF Value