Recordati SpA (MEX:RECN) E10: MXN36.99 (As of Mar. 2026)


MEX:RECN Recordati SpA MEX:RECN
71 GF Score
Price MXN1,019.79
GF Value MXN1,150.23
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Recordati SpA E10?

Recordati SpA MEX:RECN 71 E10 is MXN36.99 as of Mar. 2026. GuruFocus rates MEX:RECN with a GF Score™ of 71/100 and a GF Value™ of MXN1,150.23 (Modestly Undervalued). The stock has 3 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.

Recordati SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN15.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN36.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Recordati SpA's average E10 Growth Rate was 6.10% per year. During the past 3 years, the average E10 Growth Rate was 7.30% per year. During the past 5 years, the average E10 Growth Rate was 11.10% 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 Recordati SpA was 15.00% per year. The lowest was 7.30% per year. And the median was 12.35% per year.

As of today (2026-06-25), Recordati SpA's current stock price is MXN1019.79. Recordati SpA's E10 for the quarter that ended in Mar. 2026 was MXN36.99. Recordati SpA's Shiller PE Ratio of today is 27.57.

During the past 13 years, the highest Shiller PE Ratio of Recordati SpA was 51.39. The lowest was 23.77. And the median was 34.32.


Recordati SpA  (MEX:RECN) 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.

Recordati SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1019.79/36.99
=27.57

* 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 Recordati SpA was 51.39. The lowest was 23.77. And the median was 34.32.


Be Aware

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


Recordati SpA E10 Related Terms


Recordati SpA E10 Historical Data

* Premium members only.

The historical data trend for Recordati SpA'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.

Recordati SpA E10 Chart

Recordati SpA 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 46.04

Recordati SpA 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 41.14 40.74 42.77 46.04 36.99

MEX:RECN vs LLY, JNJ, ABBV: E10 Comparison

For the Drug Manufacturers - General subindustry, Recordati SpA'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.


Recordati SpA Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Recordati SpA's Shiller PE Ratio distribution charts can be found below:

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


MEX:RECN
71GF Score
Recordati SpA MEX:RECN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Recordati SpA 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, Recordati SpA'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)
=15.26/122.6000*122.6000
=15.260

Current CPI (Mar. 2026) = 122.6000.

Recordati SpA Quarterly Data

per share eps CPI Adj_EPS
201606 5.694 99.900 6.988
201609 6.185 100.100 7.575
201612 5.720 100.300 6.992
201703 7.552 101.000 9.167
201706 6.775 101.100 8.216
201709 7.527 101.200 9.119
201712 7.670 101.200 9.292
201803 9.274 101.800 11.169
201806 8.551 102.400 10.238
201809 7.683 102.600 9.181
201812 7.975 102.300 9.558
201903 9.644 102.800 11.502
201906 8.530 103.100 10.143
201909 8.262 102.900 9.844
201912 11.547 102.800 13.771
202003 13.784 102.900 16.423
202006 10.657 102.900 12.697
202009 9.601 102.300 11.506
202012 9.365 102.600 11.191
202103 10.464 103.700 12.371
202106 13.431 104.200 15.803
202109 10.329 104.900 12.072
202112 9.944 106.600 11.437
202203 10.131 110.400 11.251
202206 5.572 112.500 6.072
202209 8.584 114.200 9.215
202212 7.001 119.000 7.213
202303 11.444 118.800 11.810
202306 9.194 119.700 9.417
202309 6.841 120.300 6.972
202312 7.497 119.700 7.679
202403 10.661 120.200 10.874
202406 9.604 120.700 9.755
202409 11.801 121.200 11.937
202412 8.168 121.200 8.262
202503 13.226 122.500 13.237
202506 9.447 122.700 9.439
202509 11.347 123.100 11.301
202512 11.828 122.600 11.828
202603 15.260 122.600 15.260

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 MXN36.99 mean?
Recordati SpA (MEX:RECN) has a E10 of MXN36.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Recordati SpA and its competitors.
Is Recordati SpA's E10 too high?
Recordati SpA's current E10 is MXN36.99. Overall, Recordati SpA has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Recordati SpA's E10 compare to LLY and JNJ?
Recordati SpA's E10 of MXN36.99 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Recordati SpA and its competitors. Recordati SpA's current E10 is MXN36.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Recordati SpA stock overvalued right now?
Based on GuruFocus' analysis, Recordati SpA (MEX:RECN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,150.23, compared to a current price of MXN1,019.79 — trading 11.3% below its estimated fair value. The current E10 is MXN36.99. Recordati SpA's overall GF Score™ is 71/100 with 3 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 Recordati SpA (MEX:RECN), the current E10 is MXN36.99 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 Recordati SpA (MEX:RECN) Overvalued in 2026?

Based on GuruFocus' analysis, Recordati SpA stock appears to be undervalued. The current stock price of MXN1,019.79 is trading 11.3% below its estimated GF Value™ of MXN1,150.23. GuruFocus considers Recordati SpA to be Modestly Undervalued.

Key valuation signals for MEX:RECN:

  • E10: MXN36.99
  • GF Value™: MXN1,150.23 vs. price of MXN1,019.79 (11.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs

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


Recordati SpA Business Description

Address Via Matteo Civitali 1, MIlan, ITA, 20148
Recordati SpA is engaged in the development, production, and marketing of pharmaceutical products or of pharmaceutical chemicals. The Company operates in a broad and diverse context, which includes general medicine, specialist medicine, self-medication, and rare diseases. In addition, it is also active in the field of urology, with treatments for benign prostatic hyperplasia and male functional disorders, and in psychiatry. The Company's only operating segment is the Specialty & Primary Care segment. Its geographic areas are Europe, Australasia, America, and Africa.
71GF Score

Get the complete analysis for MEX:RECN

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

MXN1,019.79
Price
MXN1,150.23
GF Value