Zimmer Biomet Holdings (MEX:ZBH) E10: MXN64.52 (As of Mar. 2026)


MEX:ZBH Zimmer Biomet Holdings Inc MEX:ZBH
59 GF Score
Price MXN1,502.00
GF Value MXN2,166.88
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zimmer Biomet Holdings E10?

Zimmer Biomet Holdings MEX:ZBH 59 E10 is MXN64.52 as of Mar. 2026. GuruFocus rates MEX:ZBH with a GF Score™ of 59/100 and a GF Value™ of MXN2,166.88 (Significantly 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.

Zimmer Biomet Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN22.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN64.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zimmer Biomet Holdings's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 3.30% per year. During the past 5 years, the average E10 Growth Rate was -0.50% per year. During the past 10 years, the average E10 Growth Rate was -1.80% 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 Zimmer Biomet Holdings was 10.10% per year. The lowest was -6.30% per year. And the median was -1.30% per year.

As of today (2026-07-04), Zimmer Biomet Holdings's current stock price is MXN1502.00. Zimmer Biomet Holdings's E10 for the quarter that ended in Mar. 2026 was MXN64.52. Zimmer Biomet Holdings's Shiller PE Ratio of today is 23.28.

During the past 13 years, the highest Shiller PE Ratio of Zimmer Biomet Holdings was 50.38. The lowest was 22.07. And the median was 34.55.


Zimmer Biomet Holdings  (MEX:ZBH) 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.

Zimmer Biomet Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1502.00/64.52
=23.28

* 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 Zimmer Biomet Holdings was 50.38. The lowest was 22.07. And the median was 34.55.


Be Aware

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


Zimmer Biomet Holdings E10 Related Terms


Zimmer Biomet Holdings E10 Historical Data

* Premium members only.

The historical data trend for Zimmer Biomet Holdings'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.

Zimmer Biomet Holdings E10 Chart

Zimmer Biomet Holdings 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 69.29 60.61 47.43 63.86 62.86

Zimmer Biomet Holdings 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 59.60 79.70 76.69 62.86 64.52

MEX:ZBH vs STE, PEN, GMED: E10 Comparison

For the Medical Devices subindustry, Zimmer Biomet Holdings'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.


Zimmer Biomet Holdings Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zimmer Biomet Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zimmer Biomet Holdings's Shiller PE Ratio falls into.


MEX:ZBH
59GF Score
Zimmer Biomet Holdings Inc MEX:ZBH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zimmer Biomet Holdings 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, Zimmer Biomet Holdings'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)
=22/330.2130*330.2130
=22.000

Current CPI (Mar. 2026) = 330.2130.

Zimmer Biomet Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 -2.959 241.018 -4.054
201609 15.082 241.428 20.628
201612 6.804 241.432 9.306
201703 27.679 243.801 37.489
201706 16.268 244.955 21.930
201709 8.711 246.819 11.654
201712 120.979 246.524 162.048
201803 15.442 249.554 20.433
201806 17.685 251.989 23.175
201809 14.777 252.439 19.330
201812 -86.983 251.233 -114.328
201903 23.278 254.202 30.239
201906 12.486 256.143 16.097
201909 41.063 256.759 52.810
201912 29.044 256.974 37.322
202003 -57.682 258.115 -73.794
202006 -23.082 257.797 -29.566
202009 25.626 260.280 32.511
202012 31.628 260.474 40.096
202103 19.215 264.877 23.955
202106 13.337 271.696 16.209
202109 14.188 274.310 17.079
202112 -8.206 278.802 -9.719
202203 1.394 287.504 1.601
202206 14.686 296.311 16.366
202209 18.506 296.808 20.589
202212 -12.088 296.797 -13.449
202303 20.008 301.836 21.889
202306 17.144 305.109 18.555
202309 13.413 307.789 14.390
202312 34.118 306.746 36.728
202403 13.941 312.332 14.739
202406 21.618 314.175 22.722
202409 24.219 315.301 25.364
202412 25.027 315.605 26.185
202503 18.617 319.799 19.223
202506 14.498 322.561 14.842
202509 21.279 324.800 21.634
202512 12.784 324.054 13.027
202603 22.000 330.213 22.000

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 MXN64.52 mean?
Zimmer Biomet Holdings (MEX:ZBH) has a E10 of MXN64.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zimmer Biomet Holdings and its competitors.
Is Zimmer Biomet Holdings' E10 too high?
Zimmer Biomet Holdings' current E10 is MXN64.52. Overall, Zimmer Biomet Holdings has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zimmer Biomet Holdings' E10 compare to STE and PEN?
Zimmer Biomet Holdings' E10 of MXN64.52 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Zimmer Biomet Holdings and its competitors. Zimmer Biomet Holdings's current E10 is MXN64.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zimmer Biomet Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zimmer Biomet Holdings (MEX:ZBH) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN2,166.88, compared to a current price of MXN1,502.00 — trading 30.7% below its estimated fair value. The current E10 is MXN64.52. Zimmer Biomet Holdings' overall GF Score™ is 59/100 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 Zimmer Biomet Holdings (MEX:ZBH), the current E10 is MXN64.52 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 Zimmer Biomet Holdings (MEX:ZBH) Overvalued in 2026?

Based on GuruFocus' analysis, Zimmer Biomet Holdings stock appears to be undervalued. The current stock price of MXN1,502.00 is trading 30.7% below its estimated GF Value™ of MXN2,166.88. GuruFocus considers Zimmer Biomet Holdings to be Significantly Undervalued.

Key valuation signals for MEX:ZBH:

  • E10: MXN64.52
  • GF Value™: MXN2,166.88 vs. price of MXN1,502.00 (30.7% below fair value)
  • GF Score™: 59/100 with 3 warning signs

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


Zimmer Biomet Holdings Business Description

Address 345 East Main Street, Warsaw, IN, USA, 46580
Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly two-thirds of total revenue is derived from sales of large joints; another fourth comes from extremities, trauma, sports medicine, and related surgical products. The firm spun out its dental and spine businesses in 2022.
59GF Score

Get the complete analysis for MEX:ZBH

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

MXN1,502.00
Price
MXN2,166.88
GF Value