Companhia Celg de Participacoes (BSP:GPAR3) E10: R$203.41 (As of Sep. 2025)


BSP:GPAR3 Companhia Celg de Participacoes SA BSP:GPAR3
48 GF Score
Price R$12.00
GF Value R$62.70
! 3 Warning Signs
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What is Companhia Celg de Participacoes E10?

Companhia Celg de Participacoes BSP:GPAR3 48 E10 is R$203.41 as of Sep. 2025. GuruFocus rates BSP:GPAR3 with a GF Score™ of 48/100 and a GF Value™ of R$62.70. The stock has 3 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.

Companhia Celg de Participacoes's adjusted earnings per share data for the three months ended in Sep. 2025 was R$-0.822. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$203.41 for the trailing ten years ended in Sep. 2025.

During the past 12 months, Companhia Celg de Participacoes's average E10 Growth Rate was 3.90% per year. During the past 3 years, the average E10 Growth Rate was 6.10% per year. During the past 5 years, the average E10 Growth Rate was 7.60% 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 Companhia Celg de Participacoes was 9.00% per year. The lowest was 4.00% per year. And the median was 7.50% per year.

As of today (2026-06-27), Companhia Celg de Participacoes's current stock price is R$12.00. Companhia Celg de Participacoes's E10 for the quarter that ended in Sep. 2025 was R$203.41. Companhia Celg de Participacoes's Shiller PE Ratio of today is 0.06.

During the past 13 years, the highest Shiller PE Ratio of Companhia Celg de Participacoes was 0.69. The lowest was 0.04. And the median was 0.23.


Companhia Celg de Participacoes  (BSP:GPAR3) 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.

Companhia Celg de Participacoes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.00/203.41
=0.06

* 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 Companhia Celg de Participacoes was 0.69. The lowest was 0.04. And the median was 0.23.


Be Aware

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


Companhia Celg de Participacoes E10 Related Terms


Companhia Celg de Participacoes E10 Historical Data

* Premium members only.

The historical data trend for Companhia Celg de Participacoes'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.

Companhia Celg de Participacoes E10 Chart

Companhia Celg de Participacoes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.92 162.07 178.54 186.57 193.73

Companhia Celg de Participacoes Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 195.79 193.73 198.60 200.80 203.41

BSP:GPAR3 vs NEE, SO, DUK: E10 Comparison

For the Utilities - Regulated Electric subindustry, Companhia Celg de Participacoes'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.


Companhia Celg de Participacoes Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Celg de Participacoes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Celg de Participacoes's Shiller PE Ratio falls into.


BSP:GPAR3
48GF Score
Companhia Celg de Participacoes SA BSP:GPAR3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia Celg de Participacoes 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, Companhia Celg de Participacoes's adjusted earnings per share data for the three months ended in Sep. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-0.822/170.7391*170.7391
=-0.822

Current CPI (Sep. 2025) = 170.7391.

Companhia Celg de Participacoes Quarterly Data

per share eps CPI Adj_EPS
201512 -3.204 104.247 -5.248
201603 -1.454 106.979 -2.321
201606 3.384 108.851 5.308
201609 -0.236 109.986 -0.366
201612 36.406 110.802 56.099
201703 1,279.000 111.869 1,952.061
201706 1.088 112.115 1.657
201709 0.958 112.777 1.450
201712 0.483 114.068 0.723
201803 0.376 114.868 0.559
201806 0.472 117.038 0.689
201809 0.584 117.881 0.846
201812 0.475 118.340 0.685
201903 0.419 120.124 0.596
201906 0.346 120.977 0.488
201909 0.613 121.292 0.863
201912 0.816 123.436 1.129
202003 1.152 124.092 1.585
202006 0.201 123.557 0.278
202009 0.385 125.095 0.525
202012 1.065 129.012 1.409
202103 0.557 131.660 0.722
202106 0.492 133.871 0.627
202109 0.036 137.913 0.045
202112 1.094 141.992 1.315
202203 9.059 146.537 10.555
202206 0.566 149.784 0.645
202209 0.178 147.800 0.206
202212 0.287 150.207 0.326
202303 0.141 153.352 0.157
202306 0.160 154.519 0.177
202309 0.083 155.464 0.091
202312 0.229 157.148 0.249
202403 0.137 159.372 0.147
202406 0.120 161.052 0.127
202409 0.027 162.342 0.028
202412 0.189 164.740 0.196
202503 0.080 168.102 0.081
202506 0.180 169.670 0.181
202509 -0.822 170.739 -0.822

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$203.41 mean?
Companhia Celg de Participacoes (BSP:GPAR3) has a E10 of R$203.41 as of Sep. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Companhia Celg de Participacoes and its competitors.
Is Companhia Celg de Participacoes' E10 too high?
Companhia Celg de Participacoes' current E10 is R$203.41. Overall, Companhia Celg de Participacoes has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Companhia Celg de Participacoes' E10 compare to NEE and SO?
Companhia Celg de Participacoes' E10 of R$203.41 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 Companhia Celg de Participacoes and its competitors. Companhia Celg de Participacoes's current E10 is R$203.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Celg de Participacoes stock overvalued right now?
Companhia Celg de Participacoes (BSP:GPAR3) has a current E10 of R$203.41. The stock's GF Value™ is R$62.70, compared to a current price of R$12.00 — trading 80.9% below its estimated fair value. The current E10 is R$203.41. Companhia Celg de Participacoes' overall GF Score™ is 48/100 with 3 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 Companhia Celg de Participacoes (BSP:GPAR3), the current E10 is R$203.41 as of Sep. 2025. 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 Companhia Celg de Participacoes (BSP:GPAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Celg de Participacoes stock appears to be undervalued. The current stock price of R$12.00 is trading 80.9% below its estimated GF Value™ of R$62.70.

Key valuation signals for BSP:GPAR3:

  • E10: R$203.41
  • GF Value™: R$62.70 vs. price of R$12.00 (80.9% below fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the BSP:GPAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia Celg de Participacoes Business Description

Address Rua 2, Quadra A-37, No- 505, Edificio Gileno Godoi, Goiania, BRA, 74805-180
Companhia Celg de Participacoes SA operates as the holding company in electricity sector. The Company generates, distributes, transmits and markets electric energy in Brazil.
48GF Score

Get the complete analysis for BSP:GPAR3

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

R$12.00
Price
R$62.70
GF Value