Sadbhav Infrastructure Projects (BOM:539346) E10: ₹-4.38 (As of Mar. 2026)

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.

BOM:539346 Sadbhav Infrastructure Projects Ltd BOM:539346
54 GF Score
Price ₹2.24
GF Value ₹5.09
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Sadbhav Infrastructure Projects E10?

Sadbhav Infrastructure Projects BOM:539346 -4.27% 54 E10 is ₹-4.38 as of Mar. 2026. GuruFocus rates BOM:539346 with a GF Score™ of 54/100 and a GF Value™ of ₹5.09 (Possible Value Trap). The stock has 5 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.

Sadbhav Infrastructure Projects's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-4.38 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-24), Sadbhav Infrastructure Projects's current stock price is ₹2.24. Sadbhav Infrastructure Projects's E10 for the quarter that ended in Mar. 2026 was ₹-4.38. Sadbhav Infrastructure Projects's Shiller PE Ratio of today is .


Sadbhav Infrastructure Projects  (BOM:539346) 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.


Sadbhav Infrastructure Projects E10 Related Terms


Sadbhav Infrastructure Projects E10 Historical Data

* Premium members only.

The historical data trend for Sadbhav Infrastructure Projects'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.

Sadbhav Infrastructure Projects E10 Chart

Sadbhav Infrastructure Projects 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 0.00 0.00 0.00 -5.74 -4.38

Sadbhav Infrastructure Projects 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 -5.74 -5.33 -4.93 -4.59 -4.38

BOM:539346 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Sadbhav Infrastructure Projects'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.


Sadbhav Infrastructure Projects Shiller PE Ratio vs Construction Industry

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

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


BOM:539346
54GF Score
Sadbhav Infrastructure Projects Ltd BOM:539346
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sadbhav Infrastructure Projects 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, Sadbhav Infrastructure Projects'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)
=1.9/164.2724*164.2724
=1.900

Current CPI (Mar. 2026) = 164.2724.

Sadbhav Infrastructure Projects Quarterly Data

per share eps CPI Adj_EPS
201606 -2.540 105.961 -3.938
201609 -2.880 105.961 -4.465
201612 -1.880 105.196 -2.936
201703 -2.720 105.196 -4.248
201706 -3.300 107.109 -5.061
201709 -2.580 109.021 -3.888
201712 -1.130 109.404 -1.697
201803 -2.340 109.786 -3.501
201806 -1.860 111.317 -2.745
201809 -1.940 115.142 -2.768
201812 -0.800 115.142 -1.141
201903 -2.370 118.202 -3.294
201906 -1.990 120.880 -2.704
201909 -1.900 123.175 -2.534
201912 -3.320 126.235 -4.320
202003 36.560 124.705 48.160
202006 -2.750 127.000 -3.557
202009 -1.870 130.118 -2.361
202012 -1.600 130.889 -2.008
202103 -1.680 131.771 -2.094
202106 -3.780 134.084 -4.631
202109 -2.940 135.847 -3.555
202112 1.140 138.161 1.355
202203 4.970 138.822 5.881
202206 -6.170 142.347 -7.120
202209 -10.170 144.661 -11.549
202212 -4.010 145.763 -4.519
202303 9.710 146.865 10.861
202306 -0.660 150.280 -0.721
202309 -8.520 151.492 -9.239
202312 -3.530 152.924 -3.792
202403 -2.710 153.035 -2.909
202406 -0.590 155.789 -0.622
202409 1.010 157.882 1.051
202412 -0.110 158.323 -0.114
202503 -2.440 157.552 -2.544
202506 0.340 159.755 0.350
202509 0.300 162.289 0.304
202512 -3.100 163.281 -3.119
202603 1.900 164.272 1.900

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 ₹-4.38 mean?
Sadbhav Infrastructure Projects (BOM:539346) has a E10 of ₹-4.38 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sadbhav Infrastructure Projects and its competitors.
Is Sadbhav Infrastructure Projects' E10 too high?
Sadbhav Infrastructure Projects' current E10 is ₹-4.38. Overall, Sadbhav Infrastructure Projects has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sadbhav Infrastructure Projects' E10 compare to PWR and FIX?
Sadbhav Infrastructure Projects' E10 of ₹-4.38 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 Sadbhav Infrastructure Projects and its competitors. Sadbhav Infrastructure Projects's current E10 is ₹-4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sadbhav Infrastructure Projects stock overvalued right now?
Based on GuruFocus' analysis, Sadbhav Infrastructure Projects (BOM:539346) is currently considered Possible Value Trap. The stock's GF Value™ is ₹5.09, compared to a current price of ₹2.24 — trading 56% below its estimated fair value. The current E10 is ₹-4.38. Sadbhav Infrastructure Projects' overall GF Score™ is 54/100 with 5 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 Sadbhav Infrastructure Projects (BOM:539346), the current E10 is ₹-4.38 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 Sadbhav Infrastructure Projects (BOM:539346) Overvalued in 2026?

Based on GuruFocus' analysis, Sadbhav Infrastructure Projects stock appears to be undervalued. The current stock price of ₹2.24 is trading 56% below its estimated GF Value™ of ₹5.09. GuruFocus considers Sadbhav Infrastructure Projects to be Possible Value Trap.

Key valuation signals for BOM:539346:

  • E10: ₹-4.38
  • GF Value™: ₹5.09 vs. price of ₹2.24 (56% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the BOM:539346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sadbhav Infrastructure Projects Business Description

Other Exchanges SADBHIN:India
Address Sadbhav, Behind Navrangpura Bus Stand, Near Havmor Restaurant, Navrangpura, Ahmedabad, GJ, IND, 380009
Sadbhav Infrastructure Projects Ltd is an India-based company engaged in the development, construction, operation, and maintenance of infrastructure projects and related consulting and advisory services. Geographically, it operates only in India. Some of its projects include Ahmedabad Ring Road Infrastructure Limited; Aurangabad Jalna Tollway Limited; Hyderabad Yadgiri Tollway Private Limited, Bhilwara Rajsamand Tollway Private Limited, and others. The company earns a majority of its revenue from operation and maintenance and project management services.
54GF Score

Get the complete analysis for BOM:539346

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

₹2.24
Price
₹5.09
GF Value