MZDAY (Mazda Motor) E10: $0.46 (As of Mar. 2026)


MZDAY Mazda Motor Corp MZDAY
83 GF Score
Price $3.28
GF Value $3.70
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Mazda Motor E10?

Mazda Motor MZDAY +1.17% 83 E10 is $0.46 as of Mar. 2026. GuruFocus rates MZDAY with a GF Score™ of 83/100 and a GF Value™ of $3.70 (Modestly Undervalued). The stock has 7 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.

Mazda Motor's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.249. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mazda Motor's average E10 Growth Rate was -11.00% per year. During the past 3 years, the average E10 Growth Rate was -3.40% per year. During the past 5 years, the average E10 Growth Rate was 8.20% 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 Mazda Motor was 89.70% per year. The lowest was -3.40% per year. And the median was 23.70% per year.

As of today (2026-06-24), Mazda Motor's current stock price is $3.278. Mazda Motor's E10 for the quarter that ended in Mar. 2026 was $0.46. Mazda Motor's Shiller PE Ratio of today is 7.13.

During the past 13 years, the highest Shiller PE Ratio of Mazda Motor was 433.23. The lowest was 4.90. And the median was 9.61.


Mazda Motor  (OTCPK:MZDAY) 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.

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

Shiller PE Ratio=Share Price/E10
=3.278/0.46
=7.13

* 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 Mazda Motor was 433.23. The lowest was 4.90. And the median was 9.61.


Be Aware

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


Mazda Motor E10 Related Terms


Mazda Motor E10 Historical Data

* Premium members only.

The historical data trend for Mazda Motor'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.

Mazda Motor E10 Chart

Mazda Motor Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.60 0.56 0.54 0.46

Mazda Motor 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 0.54 0.51 0.46 0.44 0.46

MZDAY vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, Mazda Motor'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.


Mazda Motor Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mazda Motor's Shiller PE Ratio distribution charts can be found below:

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


MZDAY
83GF Score
Mazda Motor Corp MZDAY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Mazda Motor 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, Mazda Motor'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)
=0.249/112.7000*112.7000
=0.249

Current CPI (Mar. 2026) = 112.7000.

Mazda Motor Quarterly Data

per share eps CPI Adj_EPS
201606 0.169 98.100 0.194
201609 0.286 98.000 0.329
201612 0.172 98.400 0.197
201703 0.103 98.100 0.118
201706 0.276 98.500 0.316
201709 0.202 98.800 0.230
201712 0.154 99.400 0.175
201803 0.203 99.200 0.231
201806 0.148 99.200 0.168
201809 0.023 99.900 0.026
201812 0.082 99.700 0.093
201903 0.198 99.700 0.224
201906 0.038 99.800 0.043
201909 0.084 100.100 0.095
201912 0.115 100.500 0.129
202003 -0.149 100.300 -0.167
202006 -0.492 99.900 -0.555
202009 -0.198 99.900 -0.223
202012 0.113 99.300 0.128
202103 0.340 99.900 0.384
202106 0.082 99.500 0.093
202109 0.090 100.100 0.101
202112 0.039 100.100 0.044
202203 0.349 101.100 0.389
202206 0.089 101.800 0.099
202209 0.393 103.100 0.430
202212 0.104 104.100 0.113
202303 0.233 104.400 0.252
202306 0.209 105.200 0.224
202309 0.380 106.200 0.403
202312 0.316 106.800 0.333
202403 0.223 107.200 0.234
202406 0.250 108.200 0.260
202409 -0.080 108.900 -0.083
202412 0.285 110.700 0.290
202503 0.125 111.100 0.127
202506 -0.231 111.700 -0.233
202509 -0.017 112.000 -0.017
202512 0.156 113.000 0.156
202603 0.249 112.700 0.249

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 $0.46 mean?
Mazda Motor (MZDAY) has a E10 of $0.46 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mazda Motor and its competitors.
Is Mazda Motor's E10 too high?
Mazda Motor's current E10 is $0.46. Overall, Mazda Motor has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazda Motor's E10 compare to TSLA and GM?
Mazda Motor's E10 of $0.46 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Mazda Motor and its competitors. Mazda Motor's current E10 is $0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazda Motor stock overvalued right now?
Based on GuruFocus' analysis, Mazda Motor (MZDAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.70, compared to a current price of $3.28 — trading 11.4% below its estimated fair value. The current E10 is $0.46. Mazda Motor's overall GF Score™ is 83/100 with 7 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 Mazda Motor (MZDAY), the current E10 is $0.46 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 Mazda Motor (MZDAY) Overvalued in 2026?

Based on GuruFocus' analysis, Mazda Motor stock appears to be undervalued. The current stock price of $3.28 is trading 11.4% below its estimated GF Value™ of $3.70. GuruFocus considers Mazda Motor to be Modestly Undervalued.

Key valuation signals for MZDAY:

  • E10: $0.46
  • GF Value™: $3.70 vs. price of $3.28 (11.4% below fair value)
  • GF Score™: 83/100 with 7 warning signs

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


Mazda Motor Business Description

Address 3-1 Shinchi, Fuchu-cho, Aki-gun, Hiroshima, JPN, 730-8670
Mazda Motor Corp is a Japanese automobile manufacturer. The company mainly manufactures passenger cars and commercial vehicles. It also manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of the companys production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets.
83GF Score

Get the complete analysis for MZDAY

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

$3.28
Price
$3.70
GF Value