Zoetis (MEX:ZTS) E10: MXN79.33 (As of Mar. 2026)


MEX:ZTS Zoetis Inc MEX:ZTS
71 GF Score
Price MXN1,371.70
GF Value MXN3,418.50
Valuation Significantly Undervalued
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What is Zoetis E10?

Zoetis MEX:ZTS 71 E10 is MXN79.33 as of Mar. 2026. GuruFocus rates MEX:ZTS with a GF Score™ of 71/100 and a GF Value™ of MXN3,418.50 (Significantly Undervalued).

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.

Zoetis's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN25.606. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN79.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zoetis's average E10 Growth Rate was 16.50% per year. During the past 3 years, the average E10 Growth Rate was 16.00% per year. During the past 5 years, the average E10 Growth Rate was 18.70% 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 Zoetis was 21.70% per year. The lowest was 16.00% per year. And the median was 17.50% per year.

As of today (2026-06-26), Zoetis's current stock price is MXN1371.70. Zoetis's E10 for the quarter that ended in Mar. 2026 was MXN79.33. Zoetis's Shiller PE Ratio of today is 17.29.

During the past 13 years, the highest Shiller PE Ratio of Zoetis was 110.74. The lowest was 16.38. And the median was 56.99.


Zoetis  (MEX:ZTS) 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.

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

Shiller PE Ratio=Share Price/E10
=1371.70/79.33
=17.29

* 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 Zoetis was 110.74. The lowest was 16.38. And the median was 56.99.


Be Aware

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


Zoetis E10 Related Terms


Zoetis E10 Historical Data

* Premium members only.

The historical data trend for Zoetis'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.

Zoetis E10 Chart

Zoetis 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 46.99 53.12 54.66 77.57 78.49

Zoetis 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 78.11 77.37 77.60 78.49 79.33

MEX:ZTS vs UTHR, VTRS, NBIX: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zoetis'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.


Zoetis Shiller PE Ratio vs Drug Manufacturers Industry

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

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


MEX:ZTS
71GF Score
Zoetis Inc MEX:ZTS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zoetis 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, Zoetis'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)
=25.606/330.2130*330.2130
=25.606

Current CPI (Mar. 2026) = 330.2130.

Zoetis Quarterly Data

per share eps CPI Adj_EPS
201606 8.322 241.018 11.402
201609 9.281 241.428 12.694
201612 6.391 241.432 8.741
201703 9.038 243.801 12.241
201706 9.038 244.955 12.184
201709 11.070 246.819 14.810
201712 3.142 246.524 4.209
201803 13.081 249.554 17.309
201806 15.523 251.989 20.342
201809 13.281 252.439 17.373
201812 13.941 251.233 18.324
201903 12.609 254.202 16.379
201906 14.791 256.143 19.068
201909 17.768 256.759 22.851
201912 15.088 256.974 19.388
202003 20.634 258.115 26.398
202006 18.235 257.797 23.357
202009 22.091 260.280 28.026
202012 14.919 260.474 18.913
202103 23.916 264.877 29.815
202106 21.299 271.696 25.886
202109 23.852 274.310 28.713
202112 17.847 278.802 21.138
202203 25.088 287.504 28.815
202206 22.532 296.311 25.110
202209 22.730 296.808 25.288
202212 19.301 296.797 21.474
202303 21.450 301.836 23.467
202306 24.859 305.109 26.904
202309 22.470 307.789 24.107
202312 19.351 306.746 20.831
202403 21.741 312.332 22.986
202406 25.099 314.175 26.380
202409 29.535 315.301 30.932
202412 26.904 315.605 28.149
202503 27.414 319.799 28.307
202506 30.315 322.561 31.034
202509 29.901 324.800 30.399
202512 24.668 324.054 25.137
202603 25.606 330.213 25.606

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 MXN79.33 mean?
Zoetis (MEX:ZTS) has a E10 of MXN79.33 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zoetis and its competitors.
Is Zoetis' E10 too high?
Zoetis' current E10 is MXN79.33. Overall, Zoetis has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoetis' E10 compare to UTHR and VTRS?
Zoetis' E10 of MXN79.33 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 Zoetis and its competitors. Zoetis's current E10 is MXN79.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoetis stock overvalued right now?
Based on GuruFocus' analysis, Zoetis (MEX:ZTS) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,418.50, compared to a current price of MXN1,371.70 — trading 59.9% below its estimated fair value. The current E10 is MXN79.33. Zoetis' overall GF Score™ is 71/100. 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 Zoetis (MEX:ZTS), the current E10 is MXN79.33 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 Zoetis (MEX:ZTS) Overvalued in 2026?

Based on GuruFocus' analysis, Zoetis stock appears to be undervalued. The current stock price of MXN1,371.70 is trading 59.9% below its estimated GF Value™ of MXN3,418.50. GuruFocus considers Zoetis to be Significantly Undervalued.

Key valuation signals for MEX:ZTS:

  • E10: MXN79.33
  • GF Value™: MXN3,418.50 vs. price of MXN1,371.70 (59.9% below fair value)
  • GF Score™: 71/100

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


Zoetis Business Description

Address 10 Sylvan Way, Parsippany, NJ, USA, 07054
Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns roughly 35% of total revenue from production animals (cattle, pigs, poultry, and so on) and nearly 65% from companion animal (dogs, horses, cats) products. Its US business is skewed even more heavily toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer's animal health unit.
71GF Score

Get the complete analysis for MEX:ZTS

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

MXN1,371.70
Price
MXN3,418.50
GF Value