M/I Homes (STU:4MI) E10: €10.93 (As of Jun. 2026)

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STU:4MI M/I Homes Inc STU:4MI
81 GF Score
Price €123.00
GF Value €116.41
! 5 Warning Signs
View Full Analysis

What is M/I Homes E10?

M/I Homes STU:4MI +1.65% 81 E10 is €10.93 as of Jun. 2026. GuruFocus rates STU:4MI with a GF Score™ of 81/100 and a GF Value™ of €116.41. The stock has 5 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.

M/I Homes's adjusted earnings per share data for the three months ended in Jun. 2026 was €2.596. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €10.93 for the trailing ten years ended in Jun. 2026.

During the past 12 months, M/I Homes's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was 19.50% per year. During the past 5 years, the average E10 Growth Rate was 30.10% 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 M/I Homes was 70.20% per year. The lowest was -84.90% per year. And the median was 4.90% per year.

As of today (2026-09-16), M/I Homes's current stock price is €123.00. M/I Homes's E10 for the quarter that ended in Jun. 2026 was €10.93. M/I Homes's Shiller PE Ratio of today is 11.25.

During the past 13 years, the highest Shiller PE Ratio of M/I Homes was 129.26. The lowest was 5.84. And the median was 14.14.


M/I Homes  (STU:4MI) 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.

M/I Homes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=123.00/10.931
=11.25

* 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 M/I Homes was 129.26. The lowest was 5.84. And the median was 14.14.


Be Aware

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


M/I Homes E10 Related Terms


M/I Homes E10 Historical Data

* Premium members only.

The historical data trend for M/I Homes'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.

M/I Homes E10 Chart

M/I Homes 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 3.97 5.80 6.97 8.83 10.16

M/I Homes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.77 10.11 10.24 10.62 10.93

STU:4MI vs KBH, CVCO, GRBK: E10 Comparison

For the Residential Construction subindustry, M/I Homes'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.


M/I Homes Shiller PE Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, M/I Homes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where M/I Homes's Shiller PE Ratio falls into.


STU:4MI
81GF Score
M/I Homes Inc STU:4MI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M/I Homes 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, M/I Homes's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.5962/333.9520*333.9520
=2.596

Current CPI (Jun. 2026) = 333.9520.

M/I Homes Quarterly Data

per share eps CPI Adj_EPS
201609 0.314 241.428 0.434
201612 0.621 241.432 0.859
201703 0.516 243.801 0.707
201706 0.500 244.955 0.681
201709 0.610 246.819 0.825
201712 0.447 246.524 0.606
201803 0.488 249.554 0.653
201806 0.806 251.989 1.068
201809 0.868 252.439 1.149
201812 1.008 251.233 1.340
201903 0.558 254.202 0.733
201906 0.958 256.143 1.249
201909 1.190 256.759 1.548
201912 1.299 256.974 1.688
202003 0.993 258.115 1.285
202006 1.717 257.797 2.224
202009 2.150 260.280 2.758
202012 2.277 260.474 2.919
202103 2.369 264.877 2.987
202106 2.968 271.696 3.649
202109 2.571 274.310 3.130
202112 3.351 278.802 4.014
202203 2.816 287.504 3.271
202206 4.491 296.311 5.062
202209 4.635 296.808 5.215
202212 4.566 296.797 5.137
202303 3.394 301.836 3.755
202306 3.788 305.109 4.146
202309 4.431 307.789 4.808
202312 3.405 306.746 3.707
202403 4.403 312.332 4.708
202406 4.755 314.175 5.054
202409 4.640 315.301 4.915
202412 4.420 315.605 4.677
202503 3.783 319.799 3.950
202506 3.903 322.561 4.041
202509 3.352 324.800 3.446
202512 2.050 324.054 2.112
202603 2.183 330.213 2.208
202606 2.596 333.952 2.596

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 €10.93 mean?
M/I Homes (STU:4MI) has a E10 of €10.93 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on M/I Homes and its competitors.
Is M/I Homes' E10 too high?
M/I Homes' current E10 is €10.93. Overall, M/I Homes has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does M/I Homes' E10 compare to KBH and CVCO?
M/I Homes' E10 of €10.93 can be compared against companies in the Homebuilding & 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 Homebuilding & Construction company?
A good E10 depends on the Homebuilding & 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 M/I Homes and its competitors. M/I Homes's current E10 is €10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M/I Homes stock overvalued right now?
M/I Homes (STU:4MI) has a current E10 of €10.93. The stock's GF Value™ is €116.41, compared to a current price of €123.00 — trading 5.7% above its estimated fair value. The current E10 is €10.93. M/I Homes' overall GF Score™ is 81/100 with 5 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 M/I Homes (STU:4MI), the current E10 is €10.93 as of Jun. 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 M/I Homes (STU:4MI) Overvalued in 2026?

Based on GuruFocus' analysis, M/I Homes stock appears to be overvalued. The current stock price of €123.00 is trading 5.7% above its estimated GF Value™ of €116.41.

Key valuation signals for STU:4MI:

  • E10: €10.93
  • GF Value™: €116.41 vs. price of €123.00 (5.7% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the STU:4MI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M/I Homes Business Description

Other Exchanges MHO:USA0A8X:UK
Address 4131 Worth Avenue, Suite 500, Columbus, OH, USA, 43219
M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions, and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprises a predominant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.
81GF Score

Get the complete analysis for STU:4MI

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

€123.00
Price
€116.41
GF Value