PT Elnusa Tbk (ISX:ELSA) E10: Rp60.24 (As of Mar. 2026)


ISX:ELSA PT Elnusa Tbk ISX:ELSA
94 GF Score
Price Rp530.00
GF Value Rp509.90
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is PT Elnusa Tbk E10?

PT Elnusa Tbk ISX:ELSA -1.85% 94 E10 is Rp60.24 as of Mar. 2026. GuruFocus rates ISX:ELSA with a GF Score™ of 94/100 and a GF Value™ of Rp509.90 (Fairly Valued). 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.

PT Elnusa Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp25.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp60.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Elnusa Tbk's average E10 Growth Rate was 8.10% per year. During the past 3 years, the average E10 Growth Rate was 6.90% per year. During the past 5 years, the average E10 Growth Rate was 8.00% 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 PT Elnusa Tbk was 8.80% per year. The lowest was 6.30% per year. And the median was 7.40% per year.

As of today (2026-06-28), PT Elnusa Tbk's current stock price is Rp530.00. PT Elnusa Tbk's E10 for the quarter that ended in Mar. 2026 was Rp60.24. PT Elnusa Tbk's Shiller PE Ratio of today is 8.80.

During the past 13 years, the highest Shiller PE Ratio of PT Elnusa Tbk was 14.46. The lowest was 3.45. And the median was 7.74.


PT Elnusa Tbk  (ISX:ELSA) 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.

PT Elnusa Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=530.00/60.24
=8.80

* 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 PT Elnusa Tbk was 14.46. The lowest was 3.45. And the median was 7.74.


Be Aware

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


PT Elnusa Tbk E10 Related Terms


PT Elnusa Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Elnusa Tbk'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.

PT Elnusa Tbk E10 Chart

PT Elnusa Tbk 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 43.09 48.07 51.57 54.15 58.80

PT Elnusa Tbk 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 55.72 57.09 58.24 58.80 60.24

ISX:ELSA vs SLB, BKR, HAL: E10 Comparison

For the Oil & Gas Equipment & Services subindustry, PT Elnusa Tbk'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.


PT Elnusa Tbk Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Elnusa Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Elnusa Tbk's Shiller PE Ratio falls into.


ISX:ELSA
94GF Score
PT Elnusa Tbk ISX:ELSA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Elnusa Tbk 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, PT Elnusa Tbk'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)
=25.97/136.5387*136.5387
=25.970

Current CPI (Mar. 2026) = 136.5387.

PT Elnusa Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 6.999 103.212 9.259
201609 4.523 104.142 5.930
201612 18.220 105.222 23.643
201703 0.710 106.476 0.910
201706 1.270 107.722 1.610
201709 9.750 108.020 12.324
201712 22.130 109.017 27.717
201803 9.710 110.097 12.042
201806 7.777 111.085 9.559
201809 12.760 111.135 15.677
201812 7.605 112.430 9.236
201903 10.390 112.829 12.573
201906 10.809 114.730 12.864
201909 11.446 114.905 13.601
201912 16.190 115.486 19.141
202003 7.090 116.252 8.327
202006 10.765 116.630 12.603
202009 7.760 116.397 9.103
202012 8.504 117.318 9.897
202103 0.220 117.840 0.255
202106 2.666 118.184 3.080
202109 2.260 118.262 2.609
202112 9.750 119.516 11.139
202203 10.270 120.948 11.594
202206 20.740 123.322 22.963
202209 8.805 125.298 9.595
202212 11.980 126.098 12.972
202303 15.740 126.953 16.929
202306 18.522 127.663 19.810
202309 21.440 128.151 22.843
202312 13.225 129.395 13.955
202403 25.100 130.607 26.240
202406 35.595 130.792 37.159
202409 14.830 130.361 15.533
202412 22.250 131.432 23.115
202503 25.570 131.948 26.460
202506 20.529 133.241 21.037
202509 26.043 133.819 26.572
202512 26.280 135.271 26.526
202603 25.970 136.539 25.970

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 Rp60.24 mean?
PT Elnusa Tbk (ISX:ELSA) has a E10 of Rp60.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PT Elnusa Tbk and its competitors.
Is PT Elnusa Tbk's E10 too high?
PT Elnusa Tbk's current E10 is Rp60.24. Overall, PT Elnusa Tbk has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Elnusa Tbk's E10 compare to SLB and BKR?
PT Elnusa Tbk's E10 of Rp60.24 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good E10 depends on the Oil & Gas 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 PT Elnusa Tbk and its competitors. PT Elnusa Tbk's current E10 is Rp60.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Elnusa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Elnusa Tbk (ISX:ELSA) is currently considered Fairly Valued. The stock's GF Value™ is Rp509.90, compared to a current price of Rp530.00 — trading 3.9% above its estimated fair value. The current E10 is Rp60.24. PT Elnusa Tbk's overall GF Score™ is 94/100 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 PT Elnusa Tbk (ISX:ELSA), the current E10 is Rp60.24 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 PT Elnusa Tbk (ISX:ELSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Elnusa Tbk stock appears to be overvalued. The current stock price of Rp530.00 is trading 3.9% above its estimated GF Value™ of Rp509.90. GuruFocus considers PT Elnusa Tbk to be Fairly Valued.

Key valuation signals for ISX:ELSA:

  • E10: Rp60.24
  • GF Value™: Rp509.90 vs. price of Rp530.00 (3.9% above fair value)
  • GF Score™: 94/100 with 2 warning signs

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


PT Elnusa Tbk Business Description

Industry EnergyOil & Gas
Address Jalan T.B. Simatupang Kav. 1 B, Graha Elnusa, 16th Floor, Jakarta, IDN, 12560
PT Elnusa Tbk is engaged in upstream oil and gas services and investing in shares of stock of subsidiaries and joint ventures that are engaged in various businesses in oil and gas support services and energy distribution and logistics services. The company also provides goods and services including providing and managing office space for its subsidiaries, related parties and third parties. Its business segments are: Integrated upstream oil and gas services, Oil and gas support services, and Sales of goods and energy distribution and logistics services. The majority of the company's revenue is derived from the Sales of goods and energy distribution and logistics services segment, which provides storage services, trading, distribution and marketing of oil and gas products in Indonesia.
94GF Score

Get the complete analysis for ISX:ELSA

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

Rp530.00
Price
Rp509.90
GF Value