Global Heavy Chemicals (DHA:GHCL) E10: BDT-1.69 (As of Mar. 2026)


DHA:GHCL Global Heavy Chemicals Ltd DHA:GHCL
59 GF Score
Price BDT19.80
GF Value BDT5.07
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Global Heavy Chemicals E10?

Global Heavy Chemicals DHA:GHCL 59 E10 is BDT-1.69 as of Mar. 2026. GuruFocus rates DHA:GHCL with a GF Score™ of 59/100 and a GF Value™ of BDT5.07 (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.

Global Heavy Chemicals's adjusted earnings per share data for the three months ended in Mar. 2026 was BDT-0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT-1.69 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 (2026-07-06), Global Heavy Chemicals's current stock price is BDT19.80. Global Heavy Chemicals's E10 for the quarter that ended in Mar. 2026 was BDT-1.69. Global Heavy Chemicals's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Global Heavy Chemicals was 3510.00. The lowest was 40.81. And the median was 82.73.


Global Heavy Chemicals  (DHA:GHCL) 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.

During the past 13 years, the highest Shiller P/E Ratio of Global Heavy Chemicals was 3510.00. The lowest was 40.81. And the median was 82.73.


Be Aware

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


Global Heavy Chemicals E10 Related Terms


Global Heavy Chemicals E10 Historical Data

* Premium members only.

The historical data trend for Global Heavy Chemicals'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.

Global Heavy Chemicals E10 Chart

Global Heavy Chemicals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.29 -0.77 -1.28

Global Heavy Chemicals 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 -1.08 -1.28 -1.42 -1.59 -1.69

DHA:GHCL vs DOW: E10 Comparison

For the Chemicals subindustry, Global Heavy Chemicals'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.


Global Heavy Chemicals Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global Heavy Chemicals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Global Heavy Chemicals's Shiller PE Ratio falls into.


DHA:GHCL
59GF Score
Global Heavy Chemicals Ltd DHA:GHCL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Heavy Chemicals 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, Global Heavy Chemicals'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)
=-0.98/330.2130*330.2130
=-0.980

Current CPI (Mar. 2026) = 330.2130.

Global Heavy Chemicals Quarterly Data

per share eps CPI Adj_EPS
201606 0.000 241.018 0.000
201609 0.230 241.428 0.315
201612 0.270 241.432 0.369
201703 0.300 243.801 0.406
201706 0.280 244.955 0.377
201709 0.260 246.819 0.348
201712 0.310 246.524 0.415
201803 0.300 249.554 0.397
201806 0.265 251.989 0.347
201809 0.250 252.439 0.327
201812 0.210 251.233 0.276
201903 0.340 254.202 0.442
201906 0.076 256.143 0.098
201909 0.120 256.759 0.154
201912 0.130 256.974 0.167
202003 0.260 258.115 0.333
202006 -0.260 257.797 -0.333
202009 0.170 260.280 0.216
202012 0.230 260.474 0.292
202103 0.200 264.877 0.249
202106 -0.260 271.696 -0.316
202109 -0.210 274.310 -0.253
202112 -0.450 278.802 -0.533
202203 -0.200 287.504 -0.230
202206 -0.890 296.311 -0.992
202209 -0.460 296.808 -0.512
202212 -0.450 296.797 -0.501
202303 -0.530 301.836 -0.580
202306 -4.330 305.109 -4.686
202309 -1.990 307.789 -2.135
202312 -2.000 306.746 -2.153
202403 -0.180 312.332 -0.190
202406 -3.410 314.175 -3.584
202409 -1.100 315.301 -1.152
202412 -0.010 315.605 -0.010
202503 0.070 319.799 0.072
202506 -1.150 322.561 -1.177
202509 -0.850 324.800 -0.864
202512 -0.900 324.054 -0.917
202603 -0.980 330.213 -0.980

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 BDT-1.69 mean?
Global Heavy Chemicals (DHA:GHCL) has a E10 of BDT-1.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Global Heavy Chemicals and its competitors.
Is Global Heavy Chemicals' E10 too high?
Global Heavy Chemicals' current E10 is BDT-1.69. Overall, Global Heavy Chemicals has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Heavy Chemicals' E10 compare to DOW?
Global Heavy Chemicals' E10 of BDT-1.69 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Global Heavy Chemicals and its competitors. Global Heavy Chemicals's current E10 is BDT-1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Heavy Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Global Heavy Chemicals (DHA:GHCL) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT5.07, compared to a current price of BDT19.80 — trading 290.5% above its estimated fair value. The current E10 is BDT-1.69. Global Heavy Chemicals' overall GF Score™ is 59/100 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 Global Heavy Chemicals (DHA:GHCL), the current E10 is BDT-1.69 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 Global Heavy Chemicals (DHA:GHCL) Overvalued in 2026?

Based on GuruFocus' analysis, Global Heavy Chemicals stock appears to be overvalued. The current stock price of BDT19.80 is trading 290.5% above its estimated GF Value™ of BDT5.07. GuruFocus considers Global Heavy Chemicals to be Significantly Overvalued.

Key valuation signals for DHA:GHCL:

  • E10: BDT-1.69
  • GF Value™: BDT5.07 vs. price of BDT19.80 (290.5% above fair value)
  • GF Score™: 59/100 with 7 warning signs

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


Global Heavy Chemicals Business Description

Address 37, Segun Bagicha, Dhaka, BGD, 1000
Global Heavy Chemicals Ltd is Bangladesh-Based a chemical manufacturing company. The principal business activity of the company is to manufacture and distribute Sodium hydroxide, Chlorine and other chemical products. Its product portfolio includes certain brands for retail purposes such as Clotech Liquid Bleach, Tuffclean Tiles Cleaner and others.
59GF Score

Get the complete analysis for DHA:GHCL

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

BDT19.80
Price
BDT5.07
GF Value