GDS Holdings (BSP:G1DS34) E10: R$-0.21 (As of Mar. 2026)


BSP:G1DS34 GDS Holdings Ltd BSP:G1DS34
60 GF Score
Price R$15.30
GF Value R$10.91
Valuation Significantly Overvalued
! 5 Warning Signs
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What is GDS Holdings E10?

GDS Holdings BSP:G1DS34 60 E10 is R$-0.21 as of Mar. 2026. GuruFocus rates BSP:G1DS34 with a GF Score™ of 60/100 and a GF Value™ of R$10.91 (Significantly Overvalued). 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.

GDS Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was R$0.801. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-0.21 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 (2026-07-04), GDS Holdings's current stock price is R$15.30. GDS Holdings's E10 for the quarter that ended in Mar. 2026 was R$-0.21. GDS Holdings's Shiller PE Ratio of today is .


GDS Holdings  (BSP:G1DS34) 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.


GDS Holdings E10 Related Terms


GDS Holdings E10 Historical Data

* Premium members only.

The historical data trend for GDS Holdings'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.

GDS Holdings E10 Chart

GDS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.32

GDS Holdings 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 -0.34 -0.32 -0.29 -0.32 -0.21

BSP:G1DS34 vs PSN, INGM, G: E10 Comparison

For the Information Technology Services subindustry, GDS Holdings'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.


GDS Holdings Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, GDS Holdings's Shiller PE Ratio distribution charts can be found below:

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


BSP:G1DS34
60GF Score
GDS Holdings Ltd BSP:G1DS34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GDS Holdings 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, GDS Holdings'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)
=0.801/116.3000*116.3000
=0.801

Current CPI (Mar. 2026) = 116.3000.

GDS Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 -0.048 101.400 -0.055
201609 -0.044 102.400 -0.050
201612 -0.074 102.600 -0.084
201703 -0.022 103.200 -0.025
201706 -0.039 103.100 -0.044
201709 -0.046 104.100 -0.051
201712 -0.056 104.500 -0.062
201803 -0.037 105.300 -0.041
201806 -0.047 104.900 -0.052
201809 -0.058 106.600 -0.063
201812 -0.054 106.500 -0.059
201903 -0.069 107.700 -0.075
201906 -0.045 107.700 -0.049
201909 -0.051 109.800 -0.054
201912 -0.047 111.200 -0.049
202003 -0.050 112.300 -0.052
202006 -0.059 110.400 -0.062
202009 -0.114 111.700 -0.119
202012 -0.132 111.500 -0.138
202103 -0.145 112.662 -0.150
202106 -0.138 111.769 -0.144
202109 -0.150 112.215 -0.155
202112 -0.170 113.108 -0.175
202203 -0.245 114.335 -0.249
202206 -0.163 114.558 -0.165
202209 -0.143 115.339 -0.144
202212 -0.078 115.116 -0.079
202303 -0.200 115.116 -0.202
202306 -0.087 114.558 -0.088
202309 -0.162 115.339 -0.163
202312 -1.186 114.781 -1.202
202403 -0.133 115.227 -0.134
202406 -0.095 114.781 -0.096
202409 -0.088 115.785 -0.088
202412 1.884 114.893 1.907
202503 0.273 115.116 0.276
202506 -0.037 114.907 -0.037
202509 0.241 115.470 0.243
202512 -0.192 115.830 -0.193
202603 0.801 116.300 0.801

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 R$-0.21 mean?
GDS Holdings (BSP:G1DS34) has a E10 of R$-0.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GDS Holdings and its competitors.
Is GDS Holdings' E10 too high?
GDS Holdings' current E10 is R$-0.21. Overall, GDS Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GDS Holdings' E10 compare to PSN and INGM?
GDS Holdings' E10 of R$-0.21 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 GDS Holdings and its competitors. GDS Holdings's current E10 is R$-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDS Holdings stock overvalued right now?
Based on GuruFocus' analysis, GDS Holdings (BSP:G1DS34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$10.91, compared to a current price of R$15.30 — trading 40.2% above its estimated fair value. The current E10 is R$-0.21. GDS Holdings' overall GF Score™ is 60/100 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 GDS Holdings (BSP:G1DS34), the current E10 is R$-0.21 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 GDS Holdings (BSP:G1DS34) Overvalued in 2026?

Based on GuruFocus' analysis, GDS Holdings stock appears to be overvalued. The current stock price of R$15.30 is trading 40.2% above its estimated GF Value™ of R$10.91. GuruFocus considers GDS Holdings to be Significantly Overvalued.

Key valuation signals for BSP:G1DS34:

  • E10: R$-0.21
  • GF Value™: R$10.91 vs. price of R$15.30 (40.2% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the BSP:G1DS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDS Holdings Business Description

Address No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137
GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China, and it has also started expanding into Southeast Asia via the now 23% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.
60GF Score

Get the complete analysis for BSP:G1DS34

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

R$15.30
Price
R$10.91
GF Value