MWA (Mueller Water Products) E10: $0.77 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MWA Mueller Water Products Inc MWA
94 GF Score
Price $25.79
GF Value $25.07
Valuation Fairly Valued
View Full Analysis

What is Mueller Water Products E10?

Mueller Water Products MWA +2.18% 94 E10 is $0.77 as of Mar. 2026. GuruFocus rates MWA with a GF Score™ of 94/100 and a GF Value™ of $25.07 (Fairly Valued).

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.

Mueller Water Products's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mueller Water Products's average E10 Growth Rate was 14.90% per year. During the past 3 years, the average E10 Growth Rate was 11.70% per year. During the past 5 years, the average E10 Growth Rate was 21.90% 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 Mueller Water Products was 44.20% per year. The lowest was 1.10% per year. And the median was 19.70% per year.

As of today (2026-08-04), Mueller Water Products's current stock price is $25.79. Mueller Water Products's E10 for the quarter that ended in Mar. 2026 was $0.77. Mueller Water Products's Shiller PE Ratio of today is 33.49.

During the past 13 years, the highest Shiller PE Ratio of Mueller Water Products was 109.90. The lowest was 19.69. And the median was 36.56.


Mueller Water Products  (NYSE:MWA) 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.

Mueller Water Products's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.79/0.77
=33.49

* 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 Mueller Water Products was 109.90. The lowest was 19.69. And the median was 36.56.


Be Aware

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


Mueller Water Products E10 Related Terms


Mueller Water Products E10 Historical Data

* Premium members only.

The historical data trend for Mueller Water Products'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.

Mueller Water Products E10 Chart

Mueller Water Products Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.51 0.56 0.60 0.71

Mueller Water Products 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 0.67 0.69 0.71 0.73 0.77

MWA vs MIR, KAI, SXI: E10 Comparison

For the Specialty Industrial Machinery subindustry, Mueller Water Products'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.


Mueller Water Products Shiller PE Ratio vs Industrial Products Industry

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

* The bar in red indicates where Mueller Water Products's Shiller PE Ratio falls into.


MWA
94GF Score
Mueller Water Products Inc MWA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mueller Water Products 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, Mueller Water Products'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)
=0.38/330.2130*330.2130
=0.380

Current CPI (Mar. 2026) = 330.2130.

Mueller Water Products Quarterly Data

per share eps CPI Adj_EPS
201606 0.090 241.018 0.123
201609 0.160 241.428 0.219
201612 0.040 241.432 0.055
201703 0.450 243.801 0.609
201706 0.150 244.955 0.202
201709 0.120 246.819 0.161
201712 0.340 246.524 0.455
201803 0.060 249.554 0.079
201806 0.100 251.989 0.131
201809 0.160 252.439 0.209
201812 -0.130 251.233 -0.171
201903 0.070 254.202 0.091
201906 0.210 256.143 0.271
201909 0.250 256.759 0.322
201912 0.060 256.974 0.077
202003 0.150 258.115 0.192
202006 0.070 257.797 0.090
202009 0.170 260.280 0.216
202012 0.110 260.474 0.139
202103 0.130 264.877 0.162
202106 0.090 271.696 0.109
202109 0.120 274.310 0.144
202112 0.120 278.802 0.142
202203 0.150 287.504 0.172
202206 0.170 296.311 0.189
202209 0.050 296.808 0.056
202212 0.140 296.797 0.156
202303 0.140 301.836 0.153
202306 0.160 305.109 0.173
202309 0.110 307.789 0.118
202312 0.090 306.746 0.097
202403 0.280 312.332 0.296
202406 0.300 314.175 0.315
202409 0.060 315.301 0.063
202412 0.220 315.605 0.230
202503 0.330 319.799 0.341
202506 0.330 322.561 0.338
202509 0.340 324.800 0.346
202512 0.270 324.054 0.275
202603 0.380 330.213 0.380

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 $0.77 mean?
Mueller Water Products (MWA) has a E10 of $0.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mueller Water Products and its competitors.
Is Mueller Water Products' E10 too high?
Mueller Water Products' current E10 is $0.77. Overall, Mueller Water Products has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mueller Water Products' E10 compare to MIR and KAI?
Mueller Water Products' E10 of $0.77 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 Mueller Water Products and its competitors. Mueller Water Products's current E10 is $0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mueller Water Products stock overvalued right now?
Based on GuruFocus' analysis, Mueller Water Products (MWA) is currently considered Fairly Valued. The stock's GF Value™ is $25.07, compared to a current price of $25.79 — trading 2.9% above its estimated fair value. The current E10 is $0.77. Mueller Water Products' overall GF Score™ is 94/100. 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 Mueller Water Products (MWA), the current E10 is $0.77 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 Mueller Water Products (MWA) Overvalued in 2026?

Based on GuruFocus' analysis, Mueller Water Products stock appears to be overvalued. The current stock price of $25.79 is trading 2.9% above its estimated GF Value™ of $25.07. GuruFocus considers Mueller Water Products to be Fairly Valued.

Key valuation signals for MWA:

  • E10: $0.77
  • GF Value™: $25.07 vs. price of $25.79 (2.9% above fair value)
  • GF Score™: 94/100

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


Mueller Water Products Business Description

Other Exchanges JT5:Germany
Address 1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products Inc is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments: Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment, which derives maximum revenue for the company, includes products like iron gate valves, specialty valves, and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Geographically, the company derives a majority of its revenue from the United States and the rest from Canada and other international locations.
94GF Score

Get the complete analysis for MWA

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

$25.79
Price
$25.07
GF Value