TGLS (Tecnoglass) E10: $1.94 (As of Mar. 2026)


TGLS Tecnoglass Inc TGLS
86 GF Score
Price $44.07
GF Value $67.53
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Tecnoglass E10?

Tecnoglass TGLS -2.74% 86 E10 is $1.94 as of Mar. 2026. GuruFocus rates TGLS with a GF Score™ of 86/100 and a GF Value™ of $67.53 (Possible Value Trap). The stock has 3 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.

Tecnoglass's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tecnoglass's average E10 Growth Rate was 29.30% per year. During the past 3 years, the average E10 Growth Rate was 72.50% 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 Tecnoglass was 72.50% per year. The lowest was 72.50% per year. And the median was 72.50% per year.

As of today (2026-06-26), Tecnoglass's current stock price is $44.07. Tecnoglass's E10 for the quarter that ended in Mar. 2026 was $1.94. Tecnoglass's Shiller PE Ratio of today is 22.72.

During the past 13 years, the highest Shiller PE Ratio of Tecnoglass was 115.03. The lowest was 19.90. And the median was 48.58.


Tecnoglass  (NYSE:TGLS) 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.

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

Shiller PE Ratio=Share Price/E10
=44.07/1.94
=22.72

* 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 Tecnoglass was 115.03. The lowest was 19.90. And the median was 48.58.


Be Aware

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


Tecnoglass E10 Related Terms


Tecnoglass E10 Historical Data

* Premium members only.

The historical data trend for Tecnoglass'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.

Tecnoglass E10 Chart

Tecnoglass 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 -0.91 0.37 1.14 1.45 1.90

Tecnoglass 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 1.50 1.72 1.84 1.90 1.94

TGLS vs RMIX, MCEM, TTAM: E10 Comparison

For the Building Materials subindustry, Tecnoglass'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.


Tecnoglass Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tecnoglass's Shiller PE Ratio distribution charts can be found below:

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


TGLS
86GF Score
Tecnoglass Inc TGLS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecnoglass 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, Tecnoglass'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)
=0.71/330.2130*330.2130
=0.710

Current CPI (Mar. 2026) = 330.2130.

Tecnoglass Quarterly Data

per share eps CPI Adj_EPS
201606 0.440 241.018 0.603
201609 -0.290 241.428 -0.397
201612 0.020 241.432 0.027
201703 0.030 243.801 0.041
201706 -0.100 244.955 -0.135
201709 0.190 246.819 0.254
201712 0.030 246.524 0.040
201803 0.280 249.554 0.370
201806 -0.100 251.989 -0.131
201809 0.150 252.439 0.196
201812 -0.120 251.233 -0.158
201903 0.180 254.202 0.234
201906 0.162 256.143 0.209
201909 -0.030 256.759 -0.039
201912 0.230 256.974 0.296
202003 -0.400 258.115 -0.512
202006 0.350 257.797 0.448
202009 0.180 260.280 0.228
202012 0.400 260.474 0.507
202103 0.170 264.877 0.212
202106 0.410 271.696 0.498
202109 0.430 274.310 0.518
202112 0.410 278.802 0.486
202203 0.440 287.504 0.505
202206 0.696 296.311 0.776
202209 0.980 296.808 1.090
202212 1.160 296.797 1.291
202303 1.010 301.836 1.105
202306 1.100 305.109 1.191
202309 0.960 307.789 1.030
202312 0.770 306.746 0.829
202403 0.630 312.332 0.666
202406 0.750 314.175 0.788
202409 1.050 315.301 1.100
202412 1.000 315.605 1.046
202503 0.900 319.799 0.929
202506 0.940 322.561 0.962
202509 1.010 324.800 1.027
202512 0.570 324.054 0.581
202603 0.710 330.213 0.710

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 $1.94 mean?
Tecnoglass (TGLS) has a E10 of $1.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tecnoglass and its competitors.
Is Tecnoglass' E10 too high?
Tecnoglass' current E10 is $1.94. Overall, Tecnoglass has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tecnoglass' E10 compare to RMIX and MCEM?
Tecnoglass' E10 of $1.94 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Tecnoglass and its competitors. Tecnoglass's current E10 is $1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnoglass stock overvalued right now?
Based on GuruFocus' analysis, Tecnoglass (TGLS) is currently considered Possible Value Trap. The stock's GF Value™ is $67.53, compared to a current price of $44.07 — trading 34.7% below its estimated fair value. The current E10 is $1.94. Tecnoglass' overall GF Score™ is 86/100 with 3 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 Tecnoglass (TGLS), the current E10 is $1.94 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 Tecnoglass (TGLS) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnoglass stock appears to be undervalued. The current stock price of $44.07 is trading 34.7% below its estimated GF Value™ of $67.53. GuruFocus considers Tecnoglass to be Possible Value Trap.

Key valuation signals for TGLS:

  • E10: $1.94
  • GF Value™: $67.53 vs. price of $44.07 (34.7% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Tecnoglass Business Description

Other Exchanges 7FH:Germany
Address Avenida Circunvalar a 100 mts de la Via 40, Barrio Las Flores, Barranquilla, COL
Tecnoglass Inc is a manufacturer of hi-spec architectural glass and windows for residential and commercial construction industries, operating through its direct and indirect subsidiaries. Its product offerings include tempered glass, laminated glass, thermo-acoustic glass, sliding windows, projecting windows, guillotine windows, sliding doors, loating facades, automatic doors, bathroom dividers, and commercial display windows, among others. The company has one operating segment, Architectural Glass and Windows, which is also its reporting segment. Geographically, the company generates maximum revenue from its customers in the United States, followed by Colombia, Panama, and other regions.
86GF Score

Get the complete analysis for TGLS

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

$44.07
Price
$67.53
GF Value