Martinrea International (TSX:MRE) E10: C$1.44 (As of Mar. 2026)


TSX:MRE Martinrea International Inc TSX:MRE
84 GF Score
Price C$10.01
GF Value C$10.75
Valuation Fairly Valued
! 2 Warning Signs
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What is Martinrea International E10?

Martinrea International TSX:MRE +2.04% 84 E10 is C$1.44 as of Mar. 2026. GuruFocus rates TSX:MRE with a GF Score™ of 84/100 and a GF Value™ of C$10.75 (Fairly Valued). The stock has 2 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.

Martinrea International's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Martinrea International's average E10 Growth Rate was 2.10% per year. During the past 3 years, the average E10 Growth Rate was 2.40% per year. During the past 5 years, the average E10 Growth Rate was 5.90% per year. During the past 10 years, the average E10 Growth Rate was 25.70% 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 Martinrea International was 95.70% per year. The lowest was 2.40% per year. And the median was 20.60% per year.

As of today (2026-07-04), Martinrea International's current stock price is C$10.01. Martinrea International's E10 for the quarter that ended in Mar. 2026 was C$1.44. Martinrea International's Shiller PE Ratio of today is 6.95.

During the past 13 years, the highest Shiller PE Ratio of Martinrea International was 65.96. The lowest was 4.69. And the median was 9.60.


Martinrea International  (TSX:MRE) 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.

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

Shiller PE Ratio=Share Price/E10
=10.01/1.44
=6.95

* 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 Martinrea International was 65.96. The lowest was 4.69. And the median was 9.60.


Be Aware

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


Martinrea International E10 Related Terms


Martinrea International E10 Historical Data

* Premium members only.

The historical data trend for Martinrea International'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.

Martinrea International E10 Chart

Martinrea International 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 1.14 1.33 1.54 1.41 1.43

Martinrea International 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 1.41 1.42 1.45 1.43 1.44

TSX:MRE vs ORLY, AZO, GPC: E10 Comparison

For the Auto Parts subindustry, Martinrea International'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.


Martinrea International Shiller PE Ratio vs Vehicles & Parts Industry

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

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


TSX:MRE
84GF Score
Martinrea International Inc TSX:MRE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Martinrea International 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, Martinrea International'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)
=0.39/132.2600*132.2600
=0.390

Current CPI (Mar. 2026) = 132.2600.

Martinrea International Quarterly Data

per share eps CPI Adj_EPS
201606 0.000 102.002 0.000
201609 0.340 101.765 0.442
201612 0.360 101.449 0.469
201703 0.500 102.634 0.644
201706 0.550 103.029 0.706
201709 0.420 103.345 0.538
201712 0.370 103.345 0.474
201803 0.640 105.004 0.806
201806 0.640 105.557 0.802
201809 0.420 105.636 0.526
201812 0.440 105.399 0.552
201903 0.660 106.979 0.816
201906 0.340 107.690 0.418
201909 0.560 107.611 0.688
201912 0.630 107.769 0.773
202003 0.360 107.927 0.441
202006 -1.840 108.401 -2.245
202009 0.570 108.164 0.697
202012 0.560 108.559 0.682
202103 0.480 110.298 0.576
202106 0.300 111.720 0.355
202109 -0.210 112.905 -0.246
202112 -0.120 113.774 -0.139
202203 0.310 117.646 0.349
202206 0.320 120.806 0.350
202209 0.450 120.648 0.493
202212 0.570 120.964 0.623
202303 0.600 122.702 0.647
202306 0.620 124.203 0.660
202309 0.680 125.230 0.718
202312 0.030 125.072 0.032
202403 0.560 126.258 0.587
202406 0.540 127.522 0.560
202409 0.190 127.285 0.197
202412 -1.760 127.364 -1.828
202503 0.240 129.181 0.246
202506 0.520 129.892 0.529
202509 0.490 130.290 0.497
202512 0.220 130.370 0.223
202603 0.390 132.260 0.390

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 C$1.44 mean?
Martinrea International (TSX:MRE) has a E10 of C$1.44 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Martinrea International and its competitors.
Is Martinrea International's E10 too high?
Martinrea International's current E10 is C$1.44. Overall, Martinrea International has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Martinrea International's E10 compare to ORLY and AZO?
Martinrea International's E10 of C$1.44 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 Martinrea International and its competitors. Martinrea International's current E10 is C$1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martinrea International stock overvalued right now?
Based on GuruFocus' analysis, Martinrea International (TSX:MRE) is currently considered Fairly Valued. The stock's GF Value™ is C$10.75, compared to a current price of C$10.01 — trading 6.9% below its estimated fair value. The current E10 is C$1.44. Martinrea International's overall GF Score™ is 84/100 with 2 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 Martinrea International (TSX:MRE), the current E10 is C$1.44 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 Martinrea International (TSX:MRE) Overvalued in 2026?

Based on GuruFocus' analysis, Martinrea International stock appears to be undervalued. The current stock price of C$10.01 is trading 6.9% below its estimated GF Value™ of C$10.75. GuruFocus considers Martinrea International to be Fairly Valued.

Key valuation signals for TSX:MRE:

  • E10: C$1.44
  • GF Value™: C$10.75 vs. price of C$10.01 (6.9% below fair value)
  • GF Score™: 84/100 with 2 warning signs

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


Martinrea International Business Description

Other Exchanges MRETF:USA03M:Germany
Address 3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in Canada, USA, Europe, and Other Countries.
84GF Score

Get the complete analysis for TSX:MRE

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

C$10.01
Price
C$10.75
GF Value