TJX (MEX:TJX) E10: MXN56.87 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:TJX TJX Companies Inc MEX:TJX
85 GF Score
Price MXN2,647.00
GF Value MXN2,398.53
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is TJX E10?

TJX MEX:TJX 85 E10 is MXN56.87 as of Apr. 2026. GuruFocus rates MEX:TJX with a GF Score™ of 85/100 and a GF Value™ of MXN2,398.53 (Fairly Valued). 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.

TJX's adjusted earnings per share data for the three months ended in Apr. 2026 was MXN20.844. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN56.87 for the trailing ten years ended in Apr. 2026.

During the past 12 months, TJX's average E10 Growth Rate was 13.50% per year. During the past 3 years, the average E10 Growth Rate was 11.60% per year. During the past 5 years, the average E10 Growth Rate was 12.70% per year. During the past 10 years, the average E10 Growth Rate was 11.40% 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 TJX was 65.10% per year. The lowest was 8.20% per year. And the median was 15.30% per year.

As of today (2026-07-14), TJX's current stock price is MXN2647.00. TJX's E10 for the quarter that ended in Apr. 2026 was MXN56.87. TJX's Shiller PE Ratio of today is 46.54.

During the past 13 years, the highest Shiller PE Ratio of TJX was 51.74. The lowest was 20.99. And the median was 35.30.


TJX  (MEX:TJX) 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.

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

Shiller PE Ratio=Share Price/E10
=2647.00/56.87
=46.54

* 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 TJX was 51.74. The lowest was 20.99. And the median was 35.30.


Be Aware

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


TJX E10 Related Terms


TJX E10 Historical Data

* Premium members only.

The historical data trend for TJX'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.

TJX E10 Chart

TJX Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.39 42.34 43.96 58.32 53.55

TJX Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 54.86 55.95 57.46 53.55 56.87

MEX:TJX vs ROST, BURL, LULU: E10 Comparison

For the Apparel Retail subindustry, TJX'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.


TJX Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's Shiller PE Ratio distribution charts can be found below:

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


MEX:TJX
85GF Score
TJX Companies Inc MEX:TJX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TJX 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, TJX's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=20.844/333.0200*333.0200
=20.844

Current CPI (Apr. 2026) = 333.0200.

TJX Quarterly Data

per share eps CPI Adj_EPS
201607 7.880 240.628 10.906
201610 7.798 241.729 10.743
201701 10.730 242.839 14.715
201704 7.763 244.524 10.573
201707 7.590 244.786 10.326
201710 9.565 246.663 12.914
201801 12.756 247.867 17.138
201804 10.512 250.546 13.972
201807 10.787 252.006 14.255
201810 12.356 252.885 16.271
201901 12.956 251.712 17.141
201904 10.827 255.548 14.109
201907 11.776 256.571 15.285
201910 13.038 257.346 16.872
202001 15.301 257.971 19.752
202004 -17.744 256.389 -23.047
202007 -4.001 259.101 -5.142
202010 15.106 260.388 19.320
202101 5.469 261.582 6.963
202104 8.874 267.054 11.066
202107 12.701 273.003 15.493
202110 17.263 276.589 20.785
202201 16.097 281.148 19.067
202204 9.976 289.109 11.491
202207 14.050 296.276 15.792
202210 18.062 298.012 20.184
202301 16.730 299.170 18.623
202304 13.671 303.363 15.007
202307 14.211 305.691 15.481
202310 18.595 307.671 20.127
202401 20.955 308.417 22.627
202404 15.870 313.548 16.856
202407 17.854 314.540 18.903
202410 22.836 315.664 24.092
202501 25.374 317.671 26.600
202504 18.024 320.795 18.711
202507 20.677 323.048 21.315
202510 23.740 0.000
202601 27.412 325.252 28.067
202604 20.844 333.020 20.844

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 MXN56.87 mean?
TJX (MEX:TJX) has a E10 of MXN56.87 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TJX and its competitors.
Is TJX's E10 too high?
TJX's current E10 is MXN56.87. Overall, TJX has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TJX's E10 compare to ROST and BURL?
TJX's E10 of MXN56.87 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 TJX and its competitors. TJX's current E10 is MXN56.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TJX stock overvalued right now?
Based on GuruFocus' analysis, TJX (MEX:TJX) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,398.53, compared to a current price of MXN2,647.00 — trading 10.4% above its estimated fair value. The current E10 is MXN56.87. TJX's overall GF Score™ is 85/100 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 TJX (MEX:TJX), the current E10 is MXN56.87 as of Apr. 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 TJX (MEX:TJX) Overvalued in 2026?

Based on GuruFocus' analysis, TJX stock appears to be overvalued. The current stock price of MXN2,647.00 is trading 10.4% above its estimated GF Value™ of MXN2,398.53. GuruFocus considers TJX to be Fairly Valued.

Key valuation signals for MEX:TJX:

  • E10: MXN56.87
  • GF Value™: MXN2,398.53 vs. price of MXN2,647.00 (10.4% above fair value)
  • GF Score™: 85/100 with 1 warning sign

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


TJX Business Description

Address 770 Cochituate Road, Framingham, MA, USA, 01701
Founded in 1987, TJX Companies is the world's largest off-price apparel and home fashions retailer, operating more than 5,000 stores across nine countries. In fiscal 2026, the company generated roughly $60 billion in sales. TJX operates through four segments: Marmaxx (61% of sales), HomeGoods (17%), TJX Canada (9%), and TJX international (13%). Its off-price model emphasizes branded merchandise at meaningful discounts, driving high traffic and rapid inventory turnover.
85GF Score

Get the complete analysis for MEX:TJX

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

MXN2,647.00
Price
MXN2,398.53
GF Value