Eltek (ELTK) E10: $-0.21 (As of Jun. 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.

ELTK Eltek Ltd ELTK
69 GF Score
Price $8.24
GF Value $10.75
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Eltek E10?

Eltek ELTK +5.51% 69 E10 is $-0.21 as of Jun. 2026. GuruFocus rates ELTK with a GF Score™ of 69/100 and a GF Value™ of $10.75 (Modestly Undervalued). 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.

Eltek's adjusted earnings per share data for the three months ended in Jun. 2026 was $-0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.21 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was -40.90% 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 Eltek was 54.70% per year. The lowest was -113.00% per year. And the median was -11.10% per year.

As of today (2026-09-07), Eltek's current stock price is $8.24. Eltek's E10 for the quarter that ended in Jun. 2026 was $-0.21. Eltek's Shiller PE Ratio of today is .


Eltek  (NAS:ELTK) 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.


Eltek E10 Related Terms


Eltek E10 Historical Data

* Premium members only.

The historical data trend for Eltek'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.

Eltek E10 Chart

Eltek 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 -0.04 -0.05 -0.30 0.00 -0.14

Eltek Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.07 -0.12 -0.14 -0.15 -0.21

ELTK vs DSWL, FSTJ, WBX: E10 Comparison

For the Electronic Components subindustry, Eltek'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.


Eltek Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Eltek's Shiller PE Ratio distribution charts can be found below:

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


ELTK
69GF Score
Eltek Ltd ELTK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eltek 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, Eltek's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.41/333.9520*333.9520
=-0.410

Current CPI (Jun. 2026) = 333.9520.

Eltek Quarterly Data

per share eps CPI Adj_EPS
201609 -0.200 241.428 -0.277
201612 -1.500 241.432 -2.075
201703 -0.400 243.801 -0.548
201706 -0.540 244.955 -0.736
201709 -0.590 246.819 -0.798
201712 -0.050 246.524 -0.068
201803 -0.330 249.554 -0.442
201806 -0.420 251.989 -0.557
201809 -0.230 252.439 -0.304
201812 -0.310 251.233 -0.412
201903 0.120 254.202 0.158
201906 0.190 256.143 0.248
201909 0.090 256.759 0.117
201912 0.080 256.974 0.104
202003 0.120 258.115 0.155
202006 0.160 257.797 0.207
202009 0.140 260.280 0.180
202012 0.160 260.474 0.205
202103 0.040 264.877 0.050
202106 0.160 271.696 0.197
202109 0.008 274.310 0.010
202112 0.650 278.802 0.779
202203 0.110 287.504 0.128
202206 0.130 296.311 0.147
202209 0.170 296.808 0.191
202212 0.140 296.797 0.158
202303 0.270 301.836 0.299
202306 0.220 305.109 0.241
202309 0.360 307.789 0.391
202312 0.220 306.746 0.240
202403 0.270 312.332 0.289
202406 0.110 314.175 0.117
202409 0.250 315.301 0.265
202412 0.000 315.605 0.000
202503 0.150 319.799 0.157
202506 0.050 322.561 0.052
202509 -0.030 324.800 -0.031
202512 -0.050 324.054 -0.052
202603 -0.420 330.213 -0.425
202606 -0.410 333.952 -0.410

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 $-0.21 mean?
Eltek (ELTK) has a E10 of $-0.21 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Eltek and its competitors.
Is Eltek's E10 too high?
Eltek's current E10 is $-0.21. Overall, Eltek has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eltek's E10 compare to DSWL and FSTJ?
Eltek's E10 of $-0.21 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Eltek and its competitors. Eltek's current E10 is $-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltek stock overvalued right now?
Based on GuruFocus' analysis, Eltek (ELTK) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.75, compared to a current price of $8.24 — trading 23.3% below its estimated fair value. The current E10 is $-0.21. Eltek's overall GF Score™ is 69/100 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 Eltek (ELTK), the current E10 is $-0.21 as of Jun. 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 Eltek (ELTK) Overvalued in 2026?

Based on GuruFocus' analysis, Eltek stock appears to be undervalued. The current stock price of $8.24 is trading 23.3% below its estimated GF Value™ of $10.75. GuruFocus considers Eltek to be Modestly Undervalued.

Key valuation signals for ELTK:

  • E10: $-0.21
  • GF Value™: $10.75 vs. price of $8.24 (23.3% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Eltek Business Description

Address 20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach Tikva, ISR, 4927920
Eltek Ltd is engaged in the technology business sector that manufactures and supplies technologically new custom-made circuitry solutions. The company manufactures, markets, and sells custom-made printed circuit boards (PCBs), including high-density interconnect, flex-rigid and multi-layered boards. The Company markets its products mainly to the medical technology, defense and aerospace, industrial, telecom, and networking equipment industries. The geographic areas of the company are Israel, North America, the Netherlands, India, and Others. It generates the majority of its revenue from Israel.
69GF Score

Get the complete analysis for ELTK

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

$8.24
Price
$10.75
GF Value