Powell Industries (FRA:PW2) E10: €1.18 (As of Mar. 2026)


FRA:PW2 Powell Industries Inc FRA:PW2
74 GF Score
Price €218.20
GF Value €61.79
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Powell Industries E10?

Powell Industries FRA:PW2 +1.68% 74 E10 is €1.18 as of Mar. 2026. GuruFocus rates FRA:PW2 with a GF Score™ of 74/100 and a GF Value™ of €61.79 (Significantly Overvalued). The stock has 2 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.

Powell Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.081. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Powell Industries's average E10 Growth Rate was 49.00% per year. During the past 3 years, the average E10 Growth Rate was 43.80% per year. During the past 5 years, the average E10 Growth Rate was 22.10% per year. During the past 10 years, the average E10 Growth Rate was 1.50% 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 Powell Industries was 43.80% per year. The lowest was -13.50% per year. And the median was 5.30% per year.

As of today (2026-07-04), Powell Industries's current stock price is €218.20. Powell Industries's E10 for the quarter that ended in Mar. 2026 was €1.18. Powell Industries's Shiller PE Ratio of today is 184.92.

During the past 13 years, the highest Shiller PE Ratio of Powell Industries was 211.91. The lowest was 13.99. And the median was 24.31.


Powell Industries  (FRA:PW2) 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.

Powell Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=218.20/1.18
=184.92

* 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 Powell Industries was 211.91. The lowest was 13.99. And the median was 24.31.


Be Aware

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


Powell Industries E10 Related Terms


Powell Industries E10 Historical Data

* Premium members only.

The historical data trend for Powell Industries'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.

Powell Industries E10 Chart

Powell Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.41 0.42 0.65 1.03

Powell Industries 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 0.91 0.95 1.03 1.18 1.18

FRA:PW2 vs AYI, ENS, AEIS: E10 Comparison

For the Electrical Equipment & Parts subindustry, Powell Industries'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.


Powell Industries Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Powell Industries's Shiller PE Ratio distribution charts can be found below:

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


FRA:PW2
74GF Score
Powell Industries Inc FRA:PW2
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Powell Industries 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, Powell Industries'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)
=1.081/330.2130*330.2130
=1.081

Current CPI (Mar. 2026) = 330.2130.

Powell Industries Quarterly Data

per share eps CPI Adj_EPS
201606 0.128 241.018 0.175
201609 0.143 241.428 0.196
201612 -0.009 241.432 -0.012
201703 -0.022 243.801 -0.030
201706 -0.083 244.955 -0.112
201709 -0.126 246.819 -0.169
201712 -0.138 246.524 -0.185
201803 -0.078 249.554 -0.103
201806 0.009 251.989 0.012
201809 0.037 252.439 0.048
201812 -0.067 251.233 -0.088
201903 0.024 254.202 0.031
201906 0.130 256.143 0.168
201909 0.169 256.759 0.217
201912 0.072 256.974 0.093
202003 0.193 258.115 0.247
202006 0.089 257.797 0.114
202009 0.071 260.280 0.090
202012 -0.008 260.474 -0.010
202103 -0.006 264.877 -0.007
202106 -0.047 271.696 -0.057
202109 0.079 274.310 0.095
202112 -0.071 278.802 -0.084
202203 -0.030 287.504 -0.034
202206 0.240 296.311 0.267
202209 0.246 296.808 0.274
202212 0.031 296.797 0.034
202303 0.218 301.836 0.238
202306 0.468 305.109 0.507
202309 0.678 307.789 0.727
202312 0.605 306.746 0.651
202403 0.843 312.332 0.891
202406 1.174 314.175 1.234
202409 1.132 315.301 1.186
202412 0.910 315.605 0.952
202503 1.175 319.799 1.213
202506 1.144 322.561 1.171
202509 1.198 324.800 1.218
202512 0.968 324.054 0.986
202603 1.081 330.213 1.081

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 €1.18 mean?
Powell Industries (FRA:PW2) has a E10 of €1.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Powell Industries and its competitors.
Is Powell Industries' E10 too high?
Powell Industries' current E10 is €1.18. Overall, Powell Industries has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Powell Industries' E10 compare to AYI and ENS?
Powell Industries' E10 of €1.18 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Powell Industries and its competitors. Powell Industries's current E10 is €1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powell Industries stock overvalued right now?
Based on GuruFocus' analysis, Powell Industries (FRA:PW2) is currently considered Significantly Overvalued. The stock's GF Value™ is €61.79, compared to a current price of €218.20 — trading 253.1% above its estimated fair value. The current E10 is €1.18. Powell Industries' overall GF Score™ is 74/100 with 2 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 Powell Industries (FRA:PW2), the current E10 is €1.18 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 Powell Industries (FRA:PW2) Overvalued in 2026?

Based on GuruFocus' analysis, Powell Industries stock appears to be overvalued. The current stock price of €218.20 is trading 253.1% above its estimated GF Value™ of €61.79. GuruFocus considers Powell Industries to be Significantly Overvalued.

Key valuation signals for FRA:PW2:

  • E10: €1.18
  • GF Value™: €61.79 vs. price of €218.20 (253.1% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the FRA:PW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Powell Industries Business Description

Address 8550 Mosley Road, Houston, TX, USA, 77075-1180
Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States, and the rest from Canada, Europe, Asia Pacific, and other regions.
74GF Score

Get the complete analysis for FRA:PW2

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

€218.20
Price
€61.79
GF Value