TPI Composites (MEX:TPIC) E10: MXN-20,314.29 (As of Dec. 2025)


MEX:TPIC TPI Composites Inc MEX:TPIC
16 GF Score
Price MXN99.00
GF Value MXN38,457.69
! 7 Warning Signs
View Full Analysis

What is TPI Composites E10?

TPI Composites MEX:TPIC 16 E10 is MXN-20,314.29 as of Dec. 2025. GuruFocus rates MEX:TPIC with a GF Score™ of 16/100 and a GF Value™ of MXN38,457.69. 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.

TPI Composites's adjusted earnings per share data for the three months ended in Dec. 2025 was MXN0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-20,314.29 for the trailing ten years ended in Dec. 2025.

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 (2026-06-24), TPI Composites's current stock price is MXN99.00. TPI Composites's E10 for the quarter that ended in Dec. 2025 was MXN-20,314.29. TPI Composites's Shiller PE Ratio of today is .


TPI Composites  (MEX:TPIC) 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.


TPI Composites E10 Related Terms


TPI Composites E10 Historical Data

* Premium members only.

The historical data trend for TPI Composites'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.

TPI Composites E10 Chart

TPI Composites 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 -87.48 -20,314.29

TPI Composites Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -87.48 -214.95 -221.20 -6,930.00 -20,314.29

MEX:TPIC vs EXROF, OZSC, ADNH: E10 Comparison

For the Specialty Industrial Machinery subindustry, TPI Composites'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.


TPI Composites Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TPI Composites's Shiller PE Ratio distribution charts can be found below:

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


MEX:TPIC
16GF Score
TPI Composites Inc MEX:TPIC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPI Composites 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, TPI Composites's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/324.0540*324.0540
=0.000

Current CPI (Dec. 2025) = 324.0540.

TPI Composites Quarterly Data

per share eps CPI Adj_EPS
201603 -0.448 238.132 -0.610
201606 5.143 241.018 6.915
201609 1.547 241.428 2.076
201612 -1.443 241.432 -1.937
201703 2.824 243.801 3.754
201706 5.061 244.955 6.695
201709 11.252 246.819 14.773
201712 3.339 246.524 4.389
201803 4.360 249.554 5.662
201806 -2.358 251.989 -3.032
201809 4.863 252.439 6.243
201812 -5.105 251.233 -6.585
201903 -6.789 254.202 -8.655
201906 0.960 256.143 1.215
201909 -2.566 256.759 -3.239
201912 -0.377 256.974 -0.475
202003 -0.234 258.115 -0.294
202006 -43.164 257.797 -54.258
202009 24.963 260.280 31.079
202012 2.785 260.474 3.465
202103 -1.022 264.877 -1.250
202106 -21.498 271.696 -25.641
202109 -17.066 274.310 -20.161
202112 -49.028 278.802 -56.986
202203 -14.137 287.504 -15.934
202206 -12.071 296.311 -13.201
202209 -7.845 296.808 -8.565
202212 -26.904 296.797 -29.375
202303 -15.862 301.836 -17.030
202306 -32.573 305.109 -34.596
202309 -29.786 307.789 -31.360
202312 5.771 306.746 6.097
202403 -21.575 312.332 -22.385
202406 -35.175 314.175 -36.281
202409 -16.540 315.301 -16.999
202412 -21.064 315.605 -21.628
202503 -20.663 319.799 -20.938
202506 -26.361 322.561 -26.483
202509 -48.245 324.800 -48.134
202512 0.000 324.054 0.000

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-20,314.29 mean?
TPI Composites (MEX:TPIC) has a E10 of MXN-20,314.29 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TPI Composites and its competitors.
Is TPI Composites' E10 too high?
TPI Composites' current E10 is MXN-20,314.29. Overall, TPI Composites has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TPI Composites' E10 compare to EXROF and OZSC?
TPI Composites' E10 of MXN-20,314.29 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 TPI Composites and its competitors. TPI Composites's current E10 is MXN-20,314.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
TPI Composites (MEX:TPIC) has a current E10 of MXN-20,314.29. The stock's GF Value™ is MXN38,457.69, compared to a current price of MXN99.00 — trading 99.7% below its estimated fair value. The current E10 is MXN-20,314.29. TPI Composites' overall GF Score™ is 16/100 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 TPI Composites (MEX:TPIC), the current E10 is MXN-20,314.29 as of Dec. 2025. 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 TPI Composites (MEX:TPIC) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Composites stock appears to be undervalued. The current stock price of MXN99.00 is trading 99.7% below its estimated GF Value™ of MXN38,457.69.

Key valuation signals for MEX:TPIC:

  • E10: MXN-20,314.29
  • GF Value™: MXN38,457.69 vs. price of MXN99.00 (99.7% below fair value)
  • GF Score™: 16/100 with 7 warning signs

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


TPI Composites Business Description

Other Exchanges TPICQ:USA
Address 9200 E Pima Center Parkway, Suite 250, Scottsdale, AZ, USA, 85258
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
16GF Score

Get the complete analysis for MEX:TPIC

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

MXN99.00
Price
MXN38,457.69
GF Value