IDEX (MEX:IEX) Shiller PE Ratio: 32.15 (As of Sep. 21, 2026) — 23% Below Median

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.

MEX:IEX IDEX Corp MEX:IEX
94 GF Score
Price MXN3,105.00
GF Value MXN3,137.27
! 8 Warning Signs
View Full Analysis

What is IDEX Shiller PE Ratio?

IDEX MEX:IEX 94 Shiller PE Ratio is 32.15 as of Sep. 21, 2026, which is 23% below its 10-year median of 41.62. GuruFocus rates MEX:IEX with a GF Score™ of 94/100 and a GF Value™ of MXN3,137.27. The stock has 8 warning signs investors should review. Among 1,823 Industrial Products companies, IDEX ranks worse than 55.02% on this metric.

As of today (2026-09-21), IDEX's current share price is MXN3105.00. IDEX's E10 for the quarter that ended in Jun. 2026 was MXN96.59. IDEX's Shiller PE Ratio for today is 32.15.

The historical rank and industry rank for IDEX's Shiller PE Ratio or its related term are showing as below:

MEX:IEX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.8   Med: 41.62   Max: 55.94
Current: 31.74

During the past years, IDEX's highest Shiller PE Ratio was 55.94. The lowest was 23.80. And the median was 41.62.

MEX:IEX's Shiller PE Ratio is ranked worse than
55.02% of 1823 companies
in the Industrial Products industry
Industry Median: 28.01 vs MEX:IEX: 31.74

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

IDEX's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN33.677. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN96.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IDEX  (MEX:IEX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


IDEX Shiller PE Ratio Related Terms


IDEX Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for IDEX's Shiller PE Ratio 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.

IDEX Shiller PE Ratio Chart

IDEX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.73 41.56 35.84 32.49 26.31

IDEX Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 26.40 24.19 26.31 27.35 32.13

MEX:IEX vs NDSN, ITT, INIO: Shiller PE Ratio Comparison

For the Specialty Industrial Machinery subindustry, IDEX'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.


IDEX Shiller PE Ratio vs Industrial Products Industry

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

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


MEX:IEX
94GF Score
IDEX Corp MEX:IEX
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IDEX Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

IDEX's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3105.00/96.59
=32.15

* 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.

IDEX's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, IDEX'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)
=33.677/333.9520*333.9520
=33.677

Current CPI (Jun. 2026) = 333.9520.

IDEX Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 17.595 241.428 24.338
201612 15.463 241.432 21.389
201703 18.641 243.801 25.534
201706 19.522 244.955 26.615
201709 19.600 246.819 26.519
201712 23.764 246.524 32.192
201803 23.073 249.554 30.876
201806 27.116 251.989 35.936
201809 25.626 252.439 33.901
201812 24.936 251.233 33.146
201903 27.933 254.202 36.696
201906 28.429 256.143 37.065
201909 27.047 256.759 35.179
201912 23.764 256.974 30.883
202003 31.186 258.115 40.349
202006 21.466 257.797 27.807
202009 30.265 260.280 38.831
202012 26.257 260.474 33.664
202103 30.253 264.877 38.142
202106 26.674 271.696 32.786
202109 31.049 274.310 37.800
202112 31.797 278.802 38.087
202203 36.437 287.504 42.324
202206 36.414 296.311 41.040
202209 47.471 296.808 53.412
202212 33.338 296.797 37.511
202303 33.166 301.836 36.695
202306 31.202 305.109 34.152
202309 47.902 307.789 51.974
202312 24.273 306.746 26.426
202403 26.554 312.332 28.392
202406 34.075 314.175 36.220
202409 30.914 315.301 32.743
202412 33.786 315.605 35.750
202503 25.777 319.799 26.918
202506 32.763 322.561 33.920
202509 31.185 324.800 32.064
202512 30.790 324.054 31.730
202603 29.033 330.213 29.362
202606 33.677 333.952 33.677

Add all the adjusted EPS together and divide 10 will get our 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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 32.15 mean?
IDEX (MEX:IEX) has a Shiller PE Ratio of 32.15 as of Sep. 21, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on IDEX and its competitors. This is 23% below median its historical median of 41.62. Over the past decade, IDEX's Shiller PE Ratio has ranged from 23.80 to 55.94. According to the industry distribution chart, IDEX ranks #1003 out of 1823 companies in the Industrial Products industry, placing it in the top 55%.
Is IDEX's Shiller PE Ratio too high?
IDEX's current Shiller PE Ratio of 32.15 is 23% below median its 10-year median of 41.62. Over the past 10 years, this metric has ranged from a low of 23.80 to a high of 55.94. The Industrial Products industry median Shiller PE Ratio is 28.01. IDEX's value of 32.15 is 14.8% above this industry median. Based on the distribution chart, IDEX ranks #1003 out of 1823 companies in the Industrial Products industry, which is below the industry midpoint. Overall, IDEX has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does IDEX's Shiller PE Ratio compare to NDSN and ITT?
According to the Industrial Products industry distribution chart, IDEX ranks #1003 out of 1823 companies for Shiller PE Ratio. This places IDEX in the lower half of its industry. The industry median Shiller PE Ratio is 28.01. IDEX's value of 32.15 is 14.8% above this benchmark. Historically, IDEX's own Shiller PE Ratio has ranged from 23.80 to 55.94 over the past decade. While the company's 10-year median is 41.62 vs. the industry median of 28.01, IDEX has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Industrial Products company?
The median Shiller PE Ratio among Industrial Products companies is 28.01, based on 1,823 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IDEX's current Shiller PE Ratio of 32.15 is 14.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on IDEX and its competitors. For the Industrial Products industry, the median Shiller PE Ratio is 28.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IDEX's current Shiller PE Ratio is 32.15, which is 23% below median its own 10-year median of 41.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEX stock overvalued right now?
IDEX (MEX:IEX) has a current Shiller PE Ratio of 32.15. The stock's GF Value™ is MXN3,137.27, compared to a current price of MXN3,105.00 — trading 1% below its estimated fair value. The current Shiller PE Ratio is 32.15, which is 23% below median its 10-year median of 41.62 and 14.8% above the Industrial Products industry median of 28.01. IDEX's overall GF Score™ is 94/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For IDEX (MEX:IEX), the current Shiller PE Ratio is 32.15 as of Sep. 21, 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 IDEX (MEX:IEX) Overvalued in 2026?

Based on GuruFocus' analysis, IDEX stock appears to be undervalued. The current stock price of MXN3,105.00 is trading 1% below its estimated GF Value™ of MXN3,137.27.

Key valuation signals for MEX:IEX:

  • Shiller PE Ratio: 32.15 (23% below median its 10-year median of 41.62)
  • GF Value™: MXN3,137.27 vs. price of MXN3,105.00 (1% below fair value)
  • GF Score™: 94/100 with 8 warning signs
  • Industry Position: 14.8% above the Industrial Products median (#1003 of 1823)

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


IDEX Business Description

Address 3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. The company generated $3.5 billion in revenue in 2025.
94GF Score

Get the complete analysis for MEX:IEX

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

MXN3,105.00
Price
MXN3,137.27
GF Value