Maire SpA (MIL:MAIRE) E10: €0.43 (As of Mar. 2026)


MIL:MAIRE Maire SpA MIL:MAIRE
91 GF Score
Price €14.18
GF Value €11.95
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Maire SpA E10?

Maire SpA MIL:MAIRE -2.41% 91 E10 is €0.43 as of Mar. 2026. GuruFocus rates MIL:MAIRE with a GF Score™ of 91/100 and a GF Value™ of €11.95 (Modestly Overvalued). The stock has 8 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.

Maire SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Maire SpA's average E10 Growth Rate was 19.40% per year. During the past 3 years, the average E10 Growth Rate was 14.50% 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 Maire SpA was 106.10% per year. The lowest was -2.90% per year. And the median was 14.50% per year.

As of today (2026-06-26), Maire SpA's current stock price is €14.18. Maire SpA's E10 for the quarter that ended in Mar. 2026 was €0.43. Maire SpA's Shiller PE Ratio of today is 32.98.

During the past 13 years, the highest Shiller PE Ratio of Maire SpA was 116.75. The lowest was 11.41. And the median was 23.50.


Maire SpA  (MIL:MAIRE) 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.

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

Shiller PE Ratio=Share Price/E10
=14.18/0.43
=32.98

* 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 Maire SpA was 116.75. The lowest was 11.41. And the median was 23.50.


Be Aware

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


Maire SpA E10 Related Terms


Maire SpA E10 Historical Data

* Premium members only.

The historical data trend for Maire SpA'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.

Maire SpA E10 Chart

Maire SpA 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 0.04 0.28 0.30 0.35 0.42

Maire SpA 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 0.36 0.38 0.40 0.42 0.43

MIL:MAIRE vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Maire SpA'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.


Maire SpA Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Maire SpA's Shiller PE Ratio distribution charts can be found below:

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


MIL:MAIRE
91GF Score
Maire SpA MIL:MAIRE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maire SpA 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, Maire SpA'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)
=0.21/122.6000*122.6000
=0.210

Current CPI (Mar. 2026) = 122.6000.

Maire SpA Quarterly Data

per share eps CPI Adj_EPS
201606 0.024 99.900 0.029
201609 0.061 100.100 0.075
201612 0.078 100.300 0.095
201703 0.100 101.000 0.121
201706 0.102 101.100 0.124
201709 0.097 101.200 0.118
201712 0.092 101.200 0.111
201803 0.087 101.800 0.105
201806 0.081 102.400 0.097
201809 0.087 102.600 0.104
201812 0.081 102.300 0.097
201903 0.094 102.800 0.112
201906 0.060 103.100 0.071
201909 0.091 102.900 0.108
201912 0.099 102.800 0.118
202003 0.033 102.900 0.039
202006 0.028 102.900 0.033
202009 0.046 102.300 0.055
202012 0.069 102.600 0.082
202103 0.055 103.700 0.065
202106 0.067 104.200 0.079
202109 0.062 104.900 0.072
202112 0.070 106.600 0.081
202203 0.056 110.400 0.062
202206 0.073 112.500 0.080
202209 0.057 114.200 0.061
202212 0.088 119.000 0.091
202303 0.077 118.800 0.079
202306 0.080 119.700 0.082
202309 0.093 120.300 0.095
202312 0.132 119.700 0.135
202403 0.134 120.200 0.137
202406 0.144 120.700 0.146
202409 0.141 121.200 0.143
202412 0.186 121.200 0.188
202503 0.189 122.500 0.189
202506 0.199 122.700 0.199
202509 0.204 123.100 0.203
202512 0.206 122.600 0.206
202603 0.210 122.600 0.210

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 €0.43 mean?
Maire SpA (MIL:MAIRE) has a E10 of €0.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Maire SpA and its competitors.
Is Maire SpA's E10 too high?
Maire SpA's current E10 is €0.43. Overall, Maire SpA has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maire SpA's E10 compare to PWR and FIX?
Maire SpA's E10 of €0.43 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Maire SpA and its competitors. Maire SpA's current E10 is €0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maire SpA stock overvalued right now?
Based on GuruFocus' analysis, Maire SpA (MIL:MAIRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.95, compared to a current price of €14.18 — trading 18.7% above its estimated fair value. The current E10 is €0.43. Maire SpA's overall GF Score™ is 91/100 with 8 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 Maire SpA (MIL:MAIRE), the current E10 is €0.43 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 Maire SpA (MIL:MAIRE) Overvalued in 2026?

Based on GuruFocus' analysis, Maire SpA stock appears to be overvalued. The current stock price of €14.18 is trading 18.7% above its estimated GF Value™ of €11.95. GuruFocus considers Maire SpA to be Modestly Overvalued.

Key valuation signals for MIL:MAIRE:

  • E10: €0.43
  • GF Value™: €11.95 vs. price of €14.18 (18.7% above fair value)
  • GF Score™: 91/100 with 8 warning signs

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


Maire SpA Business Description

Address Via Gaetano De Castillia 6A, Milan, ITA, 20124
Maire SpA is an Italy-based company that offers sustainable technological solutions for fertilizers, hydrogen, CO2 capture, fuels, chemicals, and polymers.
91GF Score

Get the complete analysis for MIL:MAIRE

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

€14.18
Price
€11.95
GF Value