Sao Carlos Empreend E Participacoes (BSP:SCAR3) E10: R$0.93 (As of Mar. 2026)


BSP:SCAR3 Sao Carlos Empreend E Participacoes SA BSP:SCAR3
57 GF Score
Price R$12.58
GF Value R$9.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sao Carlos Empreend E Participacoes E10?

Sao Carlos Empreend E Participacoes BSP:SCAR3 +4.66% 57 E10 is R$0.93 as of Mar. 2026. GuruFocus rates BSP:SCAR3 with a GF Score™ of 57/100 and a GF Value™ of R$9.06 (Significantly Overvalued). 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.

Sao Carlos Empreend E Participacoes's adjusted earnings per share data for the three months ended in Mar. 2026 was R$-0.458. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sao Carlos Empreend E Participacoes's average E10 Growth Rate was -29.50% per year. During the past 3 years, the average E10 Growth Rate was -26.70% per year. During the past 5 years, the average E10 Growth Rate was -23.30% 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 Sao Carlos Empreend E Participacoes was 0.20% per year. The lowest was -26.70% per year. And the median was -14.40% per year.

As of today (2026-06-26), Sao Carlos Empreend E Participacoes's current stock price is R$12.58. Sao Carlos Empreend E Participacoes's E10 for the quarter that ended in Mar. 2026 was R$0.93. Sao Carlos Empreend E Participacoes's Shiller PE Ratio of today is 13.53.

During the past 13 years, the highest Shiller PE Ratio of Sao Carlos Empreend E Participacoes was 27.14. The lowest was 4.98. And the median was 10.72.


Sao Carlos Empreend E Participacoes  (BSP:SCAR3) 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.

Sao Carlos Empreend E Participacoes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.58/0.93
=13.53

* 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 Sao Carlos Empreend E Participacoes was 27.14. The lowest was 4.98. And the median was 10.72.


Be Aware

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


Sao Carlos Empreend E Participacoes E10 Related Terms


Sao Carlos Empreend E Participacoes E10 Historical Data

* Premium members only.

The historical data trend for Sao Carlos Empreend E 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.

Sao Carlos Empreend E Participacoes E10 Chart

Sao Carlos Empreend E Participacoes 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 3.56 2.41 1.93 1.49 0.95

Sao Carlos Empreend E Participacoes 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 1.32 1.08 1.02 0.95 0.93

BSP:SCAR3 vs CBRE, BEKE: E10 Comparison

For the Real Estate Services subindustry, Sao Carlos Empreend E 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.


Sao Carlos Empreend E Participacoes Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sao Carlos Empreend E Participacoes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sao Carlos Empreend E Participacoes's Shiller PE Ratio falls into.


BSP:SCAR3
57GF Score
Sao Carlos Empreend E Participacoes SA BSP:SCAR3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sao Carlos Empreend E 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, Sao Carlos Empreend E Participacoes'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)
=-0.458/175.0655*175.0655
=-0.458

Current CPI (Mar. 2026) = 175.0655.

Sao Carlos Empreend E Participacoes Quarterly Data

per share eps CPI Adj_EPS
201606 -0.014 108.851 -0.023
201609 1.270 109.986 2.021
201612 0.110 110.802 0.174
201703 0.004 111.869 0.006
201706 0.297 112.115 0.464
201709 -0.010 112.777 -0.016
201712 1.815 114.068 2.786
201803 0.255 114.868 0.389
201806 -2.302 117.038 -3.443
201809 0.061 117.881 0.091
201812 -0.035 118.340 -0.052
201903 0.102 120.124 0.149
201906 1.044 120.977 1.511
201909 0.093 121.292 0.134
201912 0.260 123.436 0.369
202003 0.183 124.092 0.258
202006 0.168 123.557 0.238
202009 0.871 125.095 1.219
202012 0.282 129.012 0.383
202103 0.333 131.660 0.443
202106 0.126 133.871 0.165
202109 0.074 137.913 0.094
202112 -0.010 141.992 -0.012
202203 -0.356 146.537 -0.425
202206 -0.484 149.784 -0.566
202209 -0.371 147.800 -0.439
202212 -0.198 150.207 -0.231
202303 0.259 153.352 0.296
202306 0.813 154.519 0.921
202309 -0.233 155.464 -0.262
202312 4.354 157.148 4.850
202403 -0.186 159.372 -0.204
202406 0.272 161.052 0.296
202409 -0.200 162.342 -0.216
202412 -0.459 164.740 -0.488
202503 -0.117 168.102 -0.122
202506 -0.085 169.670 -0.088
202509 -0.407 170.739 -0.417
202512 -0.516 171.765 -0.526
202603 -0.458 175.066 -0.458

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$0.93 mean?
Sao Carlos Empreend E Participacoes (BSP:SCAR3) has a E10 of R$0.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sao Carlos Empreend E Participacoes and its competitors.
Is Sao Carlos Empreend E Participacoes' E10 too high?
Sao Carlos Empreend E Participacoes' current E10 is R$0.93. Overall, Sao Carlos Empreend E Participacoes has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sao Carlos Empreend E Participacoes' E10 compare to CBRE and BEKE?
Sao Carlos Empreend E Participacoes' E10 of R$0.93 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Sao Carlos Empreend E Participacoes and its competitors. Sao Carlos Empreend E Participacoes's current E10 is R$0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Carlos Empreend E Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Sao Carlos Empreend E Participacoes (BSP:SCAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$9.06, compared to a current price of R$12.58 — trading 38.9% above its estimated fair value. The current E10 is R$0.93. Sao Carlos Empreend E Participacoes' overall GF Score™ is 57/100 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 Sao Carlos Empreend E Participacoes (BSP:SCAR3), the current E10 is R$0.93 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 Sao Carlos Empreend E Participacoes (BSP:SCAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Carlos Empreend E Participacoes stock appears to be overvalued. The current stock price of R$12.58 is trading 38.9% above its estimated GF Value™ of R$9.06. GuruFocus considers Sao Carlos Empreend E Participacoes to be Significantly Overvalued.

Key valuation signals for BSP:SCAR3:

  • E10: R$0.93
  • GF Value™: R$9.06 vs. price of R$12.58 (38.9% above fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the BSP:SCAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sao Carlos Empreend E Participacoes Business Description

Address 153, Rua Dr. Eduardo de Souza Aranha, 12th Floor, Vila Nova Conceicao, Sao Paulo, SP, BRA, 4543904
Sao Carlos Empreend E Participacoes SA is a commercial real estate investment companies in Brazil. It is primarily involved in the management of own or third-party real estate projects, including shopping malls; purchase and sale of completed or under construction residential and office properties, land or undivided interests in the properties; property leasing; operation of short-term parking lots and others. Geographically, the group owns and operates a portfolio of high-rise office buildings and convenience centers in Sao Paulo and Rio de Janeiro. The company recognizes revenue from the sale of properties.
57GF Score

Get the complete analysis for BSP:SCAR3

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

R$12.58
Price
R$9.06
GF Value