PBA Infrastructure (BOM:532676) E10: ₹-27.58 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:532676 PBA Infrastructure Ltd BOM:532676
53 GF Score
Price ₹12.67
GF Value ₹8.43
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is PBA Infrastructure E10?

PBA Infrastructure BOM:532676 +3.68% 53 E10 is ₹-27.58 as of Mar. 2026. GuruFocus rates BOM:532676 with a GF Score™ of 53/100 and a GF Value™ of ₹8.43 (Significantly Overvalued). The stock has 6 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.

PBA Infrastructure's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-42.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-27.58 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -4.10% per year. During the past 5 years, the average E10 Growth Rate was -24.90% 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 PBA Infrastructure was -4.10% per year. The lowest was -35.20% per year. And the median was -35.00% per year.

As of today (2026-07-23), PBA Infrastructure's current stock price is ₹12.67. PBA Infrastructure's E10 for the quarter that ended in Mar. 2026 was ₹-27.58. PBA Infrastructure's Shiller PE Ratio of today is .


PBA Infrastructure  (BOM:532676) 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.


Be Aware

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


PBA Infrastructure E10 Related Terms


PBA Infrastructure E10 Historical Data

* Premium members only.

The historical data trend for PBA Infrastructure'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.

PBA Infrastructure E10 Chart

PBA Infrastructure 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 -9.61 -24.44 -24.72 -23.62 -27.58

PBA Infrastructure 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 -23.62 -23.98 -25.21 -25.46 -27.58

BOM:532676 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, PBA Infrastructure'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.


PBA Infrastructure Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, PBA Infrastructure's Shiller PE Ratio distribution charts can be found below:

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


BOM:532676
53GF Score
PBA Infrastructure Ltd BOM:532676
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PBA Infrastructure 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, PBA Infrastructure'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)
=-42.31/164.2724*164.2724
=-42.310

Current CPI (Mar. 2026) = 164.2724.

PBA Infrastructure Quarterly Data

per share eps CPI Adj_EPS
201606 -0.550 105.961 -0.853
201609 -4.079 105.961 -6.324
201612 -0.070 105.196 -0.109
201703 -13.933 105.196 -21.758
201706 -4.080 107.109 -6.257
201709 -6.440 109.021 -9.704
201712 -6.937 109.404 -10.416
201803 -17.532 109.786 -26.233
201806 0.270 111.317 0.398
201809 0.230 115.142 0.328
201812 3.690 115.142 5.265
201903 -0.940 118.202 -1.306
201906 0.127 120.880 0.173
201909 0.130 123.175 0.173
201912 -0.380 126.235 -0.495
202003 2.440 124.705 3.214
202006 -0.740 127.000 -0.957
202009 -0.251 130.118 -0.317
202012 0.471 130.889 0.591
202103 1.470 131.771 1.833
202106 -0.460 134.084 -0.564
202109 0.279 135.847 0.337
202112 -1.820 138.161 -2.164
202203 0.753 138.822 0.891
202206 -0.510 142.347 -0.589
202209 -0.338 144.661 -0.384
202212 -89.710 145.763 -101.102
202303 -49.644 146.865 -55.528
202306 -0.720 150.280 -0.787
202309 -0.607 151.492 -0.658
202312 11.510 152.924 12.364
202403 -3.515 153.035 -3.773
202406 0.140 155.789 0.148
202409 -0.536 157.882 -0.558
202412 0.240 158.323 0.249
202503 2.240 157.552 2.336
202506 -0.260 159.755 -0.267
202509 -9.333 162.289 -9.447
202512 -1.220 163.281 -1.227
202603 -42.310 164.272 -42.310

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 ₹-27.58 mean?
PBA Infrastructure (BOM:532676) has a E10 of ₹-27.58 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PBA Infrastructure and its competitors.
Is PBA Infrastructure's E10 too high?
PBA Infrastructure's current E10 is ₹-27.58. Overall, PBA Infrastructure has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PBA Infrastructure's E10 compare to PWR and FIX?
PBA Infrastructure's E10 of ₹-27.58 can be compared against companies in the 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 Construction company?
A good E10 depends on the 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 PBA Infrastructure and its competitors. PBA Infrastructure's current E10 is ₹-27.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBA Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, PBA Infrastructure (BOM:532676) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.43, compared to a current price of ₹12.67 — trading 50.3% above its estimated fair value. The current E10 is ₹-27.58. PBA Infrastructure's overall GF Score™ is 53/100 with 6 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 PBA Infrastructure (BOM:532676), the current E10 is ₹-27.58 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 PBA Infrastructure (BOM:532676) Overvalued in 2026?

Based on GuruFocus' analysis, PBA Infrastructure stock appears to be overvalued. The current stock price of ₹12.67 is trading 50.3% above its estimated GF Value™ of ₹8.43. GuruFocus considers PBA Infrastructure to be Significantly Overvalued.

Key valuation signals for BOM:532676:

  • E10: ₹-27.58
  • GF Value™: ₹8.43 vs. price of ₹12.67 (50.3% above fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the BOM:532676 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PBA Infrastructure Business Description

Address 611/3, V. N. Purav Marg, Chembur (East), Mumbai, MH, IND, 400071
PBA Infrastructure Ltd is engaged in the execution of contracts for various infrastructure projects of Highways, Bridges, Runways, Heavy RCC Structures, and other infrastructure projects. Its segment consists of the Construction & Engineering from which it derives its revenue.
53GF Score

Get the complete analysis for BOM:532676

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

₹12.67
Price
₹8.43
GF Value