Gujarat Energy (BOM:539336) E10: ₹17.19 (As of Mar. 2026)

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BOM:539336 Gujarat Energy Ltd BOM:539336
83 GF Score
Price ₹266.80
GF Value ₹648.65
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Gujarat Energy E10?

Gujarat Energy BOM:539336 -3.11% 83 E10 is ₹17.19 as of Mar. 2026. GuruFocus rates BOM:539336 with a GF Score™ of 83/100 and a GF Value™ of ₹648.65 (Possible Value Trap). The stock has 7 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.

Gujarat Energy's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹17.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gujarat Energy's average E10 Growth Rate was 8.50% per year. During the past 3 years, the average E10 Growth Rate was 7.80% 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 Gujarat Energy was 10.10% per year. The lowest was 7.80% per year. And the median was 8.95% per year.

As of today (2026-08-08), Gujarat Energy's current stock price is ₹266.80. Gujarat Energy's E10 for the quarter that ended in Mar. 2026 was ₹17.19. Gujarat Energy's Shiller PE Ratio of today is 15.52.

During the past 13 years, the highest Shiller PE Ratio of Gujarat Energy was 61.93. The lowest was 15.43. And the median was 33.67.


Gujarat Energy  (BOM:539336) 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.

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

Shiller PE Ratio=Share Price/E10
=266.80/17.19
=15.52

* 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 Gujarat Energy was 61.93. The lowest was 15.43. And the median was 33.67.


Be Aware

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


Gujarat Energy E10 Related Terms


Gujarat Energy E10 Historical Data

* Premium members only.

The historical data trend for Gujarat Energy'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.

Gujarat Energy E10 Chart

Gujarat Energy 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 11.89 13.71 14.96 15.85 17.19

Gujarat Energy 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 15.85 16.40 16.79 16.95 17.19

BOM:539336 vs ATO, NI, UGI: E10 Comparison

For the Utilities - Regulated Gas subindustry, Gujarat Energy'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.


Gujarat Energy Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Energy's Shiller PE Ratio distribution charts can be found below:

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


BOM:539336
83GF Score
Gujarat Energy Ltd BOM:539336
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Energy 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, Gujarat Energy'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)
=3.75/164.2724*164.2724
=3.750

Current CPI (Mar. 2026) = 164.2724.

Gujarat Energy Quarterly Data

per share eps CPI Adj_EPS
201406 1.512 94.103 2.639
201409 1.204 96.780 2.044
201503 0.978 97.163 1.653
201506 0.754 99.841 1.241
201509 0.330 101.753 0.533
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.770 111.317 2.612
201809 0.600 115.142 0.856
201812 2.020 115.142 2.882
201903 1.700 118.202 2.363
201906 3.400 120.880 4.621
201909 7.510 123.175 10.016
201912 2.870 126.235 3.735
202003 3.630 124.705 4.782
202006 0.860 127.000 1.112
202009 6.910 130.118 8.724
202012 5.680 130.889 7.129
202103 5.060 131.771 6.308
202106 6.920 134.084 8.478
202109 3.570 135.847 4.317
202112 1.790 138.161 2.128
202203 6.450 138.822 7.632
202206 5.550 142.347 6.405
202209 5.870 144.661 6.666
202212 5.400 145.763 6.086
202303 5.380 146.865 6.018
202306 3.140 150.280 3.432
202309 4.300 151.492 4.663
202312 3.210 152.924 3.448
202403 5.960 153.035 6.398
202406 4.800 155.789 5.061
202409 4.480 157.882 4.661
202412 3.210 158.323 3.331
202503 0.330 157.552 0.344
202506 4.760 159.755 4.895
202509 4.060 162.289 4.110
202512 3.880 163.281 3.904
202603 3.750 164.272 3.750

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 ₹17.19 mean?
Gujarat Energy (BOM:539336) has a E10 of ₹17.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gujarat Energy and its competitors.
Is Gujarat Energy's E10 too high?
Gujarat Energy's current E10 is ₹17.19. Overall, Gujarat Energy has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gujarat Energy's E10 compare to ATO and NI?
Gujarat Energy's E10 of ₹17.19 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Gujarat Energy and its competitors. Gujarat Energy's current E10 is ₹17.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Energy stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Energy (BOM:539336) is currently considered Possible Value Trap. The stock's GF Value™ is ₹648.65, compared to a current price of ₹266.80 — trading 58.9% below its estimated fair value. The current E10 is ₹17.19. Gujarat Energy's overall GF Score™ is 83/100 with 7 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 Gujarat Energy (BOM:539336), the current E10 is ₹17.19 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 Gujarat Energy (BOM:539336) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Energy stock appears to be undervalued. The current stock price of ₹266.80 is trading 58.9% below its estimated GF Value™ of ₹648.65. GuruFocus considers Gujarat Energy to be Possible Value Trap.

Key valuation signals for BOM:539336:

  • E10: ₹17.19
  • GF Value™: ₹648.65 vs. price of ₹266.80 (58.9% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the BOM:539336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat Energy Business Description

Other Exchanges GUJGASLTD:India
Address Infocity, Office No. 4 & 5, Ground Floor, IT Tower - 2, Gandhinagar, GJ, IND, 382009
Gujarat Energy Ltd, formerly Gujarat Gas Ltd is an India-based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas, and other gaseous forms. The company transports the gas through pipelines, trucks, trains, or other suitable modes of transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.
83GF Score

Get the complete analysis for BOM:539336

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

₹266.80
Price
₹648.65
GF Value