Motorola Solutions (MIL:1MSI) E10: €6.95 (As of Mar. 2026)


MIL:1MSI Motorola Solutions Inc MIL:1MSI
23 GF Score
Price €345.30
GF Value €405.75
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Motorola Solutions E10?

Motorola Solutions MIL:1MSI -2.57% 23 E10 is €6.95 as of Mar. 2026. GuruFocus rates MIL:1MSI with a GF Score™ of 23/100 and a GF Value™ of €405.75 (Modestly Undervalued). 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.

Motorola Solutions's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.886. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Motorola Solutions's average E10 Growth Rate was 16.20% 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 12.60% per year. During the past 10 years, the average E10 Growth Rate was 21.40% 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 Motorola Solutions was 64.00% per year. The lowest was -33.70% per year. And the median was 7.30% per year.

As of today (2026-06-24), Motorola Solutions's current stock price is €345.30. Motorola Solutions's E10 for the quarter that ended in Mar. 2026 was €6.95. Motorola Solutions's Shiller PE Ratio of today is 49.68.

During the past 13 years, the highest Shiller PE Ratio of Motorola Solutions was 121.21. The lowest was 34.22. And the median was 54.79.


Motorola Solutions  (MIL:1MSI) 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.

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

Shiller PE Ratio=Share Price/E10
=345.30/6.95
=49.68

* 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 Motorola Solutions was 121.21. The lowest was 34.22. And the median was 54.79.


Be Aware

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


Motorola Solutions E10 Related Terms


Motorola Solutions E10 Historical Data

* Premium members only.

The historical data trend for Motorola Solutions'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.

Motorola Solutions E10 Chart

Motorola Solutions 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 5.75 6.05 6.12

Motorola Solutions 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 5.88 5.77 6.34 6.12 6.95

MIL:1MSI vs LITE, HPE, CIEN: E10 Comparison

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Motorola Solutions's Shiller PE Ratio distribution charts can be found below:

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


MIL:1MSI
23GF Score
Motorola Solutions Inc MIL:1MSI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Motorola Solutions 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, Motorola Solutions'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)
=1.886/330.2130*330.2130
=1.886

Current CPI (Mar. 2026) = 330.2130.

Motorola Solutions Quarterly Data

per share eps CPI Adj_EPS
201606 0.543 241.018 0.744
201609 1.007 241.428 1.377
201612 1.356 241.432 1.855
201703 0.421 243.801 0.570
201706 0.694 244.955 0.936
201709 1.049 246.819 1.403
201712 -3.008 246.524 -4.029
201803 0.560 249.554 0.741
201806 0.899 251.989 1.178
201809 1.226 252.439 1.604
201812 2.145 251.233 2.819
201903 0.761 254.202 0.989
201906 1.044 256.143 1.346
201909 1.371 256.759 1.763
201912 1.251 256.974 1.608
202003 1.014 258.115 1.297
202006 0.693 257.797 0.888
202009 1.002 260.280 1.271
202012 1.948 260.474 2.470
202103 1.184 264.877 1.476
202106 1.403 271.696 1.705
202109 1.496 274.310 1.801
202112 2.036 278.802 2.411
202203 1.398 287.504 1.606
202206 1.258 296.311 1.402
202209 1.646 296.808 1.831
202212 3.238 296.797 3.603
202303 1.504 301.836 1.645
202306 1.984 305.109 2.147
202309 2.530 307.789 2.714
202312 3.182 306.746 3.425
202403 -0.212 312.332 -0.224
202406 2.415 314.175 2.538
202409 2.964 315.301 3.104
202412 3.400 315.605 3.557
202503 2.340 319.799 2.416
202506 2.636 322.561 2.699
202509 2.837 324.800 2.884
202512 3.296 324.054 3.359
202603 1.886 330.213 1.886

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 €6.95 mean?
Motorola Solutions (MIL:1MSI) has a E10 of €6.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Motorola Solutions and its competitors.
Is Motorola Solutions' E10 too high?
Motorola Solutions' current E10 is €6.95. Overall, Motorola Solutions has a GF Score™ of 23/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Motorola Solutions' E10 compare to LITE and HPE?
Motorola Solutions' E10 of €6.95 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Motorola Solutions and its competitors. Motorola Solutions's current E10 is €6.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motorola Solutions stock overvalued right now?
Based on GuruFocus' analysis, Motorola Solutions (MIL:1MSI) is currently considered Modestly Undervalued. The stock's GF Value™ is €405.75, compared to a current price of €345.30 — trading 14.9% below its estimated fair value. The current E10 is €6.95. Motorola Solutions' overall GF Score™ is 23/100 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 Motorola Solutions (MIL:1MSI), the current E10 is €6.95 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 Motorola Solutions (MIL:1MSI) Overvalued in 2026?

Based on GuruFocus' analysis, Motorola Solutions stock appears to be undervalued. The current stock price of €345.30 is trading 14.9% below its estimated GF Value™ of €405.75. GuruFocus considers Motorola Solutions to be Modestly Undervalued.

Key valuation signals for MIL:1MSI:

  • E10: €6.95
  • GF Value™: €405.75 vs. price of €345.30 (14.9% below fair value)
  • GF Score™: 23/100 with 1 warning sign

No single metric tells the full story. See the MIL:1MSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Motorola Solutions Business Description

Address 500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment, dispatch software, and other networking capabilities. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
23GF Score

Get the complete analysis for MIL:1MSI

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

€345.30
Price
€405.75
GF Value