Scan Steels (BOM:511672) E10: ₹3.21 (As of Mar. 2026)


BOM:511672 Scan Steels Ltd BOM:511672
65 GF Score
Price ₹47.47
GF Value ₹37.63
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Scan Steels E10?

Scan Steels BOM:511672 +11.43% 65 E10 is ₹3.21 as of Mar. 2026. GuruFocus rates BOM:511672 with a GF Score™ of 65/100 and a GF Value™ of ₹37.63 (Modestly Overvalued). The stock has 8 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.

Scan Steels's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Scan Steels's average E10 Growth Rate was 55.10% per year. During the past 3 years, the average E10 Growth Rate was 101.90% 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 Scan Steels was 101.90% per year. The lowest was 101.90% per year. And the median was 101.90% per year.

As of today (2026-07-12), Scan Steels's current stock price is ₹47.47. Scan Steels's E10 for the quarter that ended in Mar. 2026 was ₹3.21. Scan Steels's Shiller PE Ratio of today is 14.79.

During the past 13 years, the highest Shiller PE Ratio of Scan Steels was 108.33. The lowest was 7.43. And the median was 26.17.


Scan Steels  (BOM:511672) 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.

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

Shiller PE Ratio=Share Price/E10
=47.47/3.21
=14.79

* 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 Scan Steels was 108.33. The lowest was 7.43. And the median was 26.17.


Be Aware

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


Scan Steels E10 Related Terms


Scan Steels E10 Historical Data

* Premium members only.

The historical data trend for Scan Steels'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.

Scan Steels E10 Chart

Scan Steels 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 -4.87 0.39 1.77 2.07 3.21

Scan Steels 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 2.07 1.99 2.80 3.43 3.21

BOM:511672 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Scan Steels'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.


Scan Steels Shiller PE Ratio vs Steel Industry

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

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


BOM:511672
65GF Score
Scan Steels Ltd BOM:511672
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scan Steels 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, Scan Steels'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)
=1.29/164.2724*164.2724
=1.290

Current CPI (Mar. 2026) = 164.2724.

Scan Steels Quarterly Data

per share eps CPI Adj_EPS
201606 -1.330 105.961 -2.062
201609 -1.780 105.961 -2.760
201612 -0.190 105.196 -0.297
201703 0.940 105.196 1.468
201706 -0.560 107.109 -0.859
201709 0.030 109.021 0.045
201712 0.110 109.404 0.165
201803 0.040 109.786 0.060
201806 1.180 111.317 1.741
201809 1.340 115.142 1.912
201812 0.140 115.142 0.200
201903 -1.390 118.202 -1.932
201906 0.090 120.880 0.122
201909 0.710 123.175 0.947
201912 0.370 126.235 0.481
202003 -1.100 124.705 -1.449
202006 0.040 127.000 0.052
202009 0.040 130.118 0.050
202012 1.270 130.889 1.594
202103 4.520 131.771 5.635
202106 4.160 134.084 5.097
202109 0.370 135.847 0.447
202112 0.420 138.161 0.499
202203 4.740 138.822 5.609
202206 3.930 142.347 4.535
202209 -1.640 144.661 -1.862
202212 0.200 145.763 0.225
202303 0.450 146.865 0.503
202306 0.900 150.280 0.984
202309 0.640 151.492 0.694
202312 0.300 152.924 0.322
202403 2.160 153.035 2.319
202406 2.490 155.789 2.626
202409 -0.170 157.882 -0.177
202412 0.520 158.323 0.540
202503 0.810 157.552 0.845
202506 1.790 159.755 1.841
202509 0.030 162.289 0.030
202512 0.590 163.281 0.594
202603 1.290 164.272 1.290

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 ₹3.21 mean?
Scan Steels (BOM:511672) has a E10 of ₹3.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Scan Steels and its competitors.
Is Scan Steels' E10 too high?
Scan Steels' current E10 is ₹3.21. Overall, Scan Steels has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scan Steels' E10 compare to NUE and STLD?
Scan Steels' E10 of ₹3.21 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Scan Steels and its competitors. Scan Steels's current E10 is ₹3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Steels stock overvalued right now?
Based on GuruFocus' analysis, Scan Steels (BOM:511672) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹37.63, compared to a current price of ₹47.47 — trading 26.1% above its estimated fair value. The current E10 is ₹3.21. Scan Steels' overall GF Score™ is 65/100 with 8 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 Scan Steels (BOM:511672), the current E10 is ₹3.21 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 Scan Steels (BOM:511672) Overvalued in 2026?

Based on GuruFocus' analysis, Scan Steels stock appears to be overvalued. The current stock price of ₹47.47 is trading 26.1% above its estimated GF Value™ of ₹37.63. GuruFocus considers Scan Steels to be Modestly Overvalued.

Key valuation signals for BOM:511672:

  • E10: ₹3.21
  • GF Value™: ₹37.63 vs. price of ₹47.47 (26.1% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the BOM:511672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scan Steels Business Description

Address Magnetics Chowk, 2nd Floor, Plot No. 516/1723/3991, Trishana Nirmalya, Patia, Bhubaneswar, OR, IND, 751024
Scan Steels Ltd is an Indian-based iron and steel company. It is engaged in the manufacturing of steel products and in the generation of power for captive consumption. The company operates through a single segment, which is Steel Manufacturing. Its products include Shrishtii TMT, MS Billets, Shrishtii Roofing, Shrishtii Structural, and Fly Ash Bricks.
65GF Score

Get the complete analysis for BOM:511672

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

₹47.47
Price
₹37.63
GF Value