Balwin Properties (JSE:BWN) E10: R1.04 (As of Feb. 2026)


JSE:BWN Balwin Properties Ltd JSE:BWN
49 GF Score
Price R4.20
GF Value R2.32
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Balwin Properties E10?

Balwin Properties JSE:BWN 49 E10 is R1.04 as of Feb. 2026. GuruFocus rates JSE:BWN with a GF Score™ of 49/100 and a GF Value™ of R2.32 (Significantly Overvalued). The stock has 9 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.

Balwin Properties's adjusted earnings per share data for the fiscal year that ended in Feb. 2026 was R0.511. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R1.04 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Balwin Properties's average E10 Growth Rate was -10.30% 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.

As of today (2026-06-26), Balwin Properties's current stock price is R 4.20. Balwin Properties's E10 for the fiscal year that ended in Feb. 2026 was R1.04. Balwin Properties's Shiller PE Ratio of today is 4.04.

During the past 11 years, the highest Shiller PE Ratio of Balwin Properties was 4.07. The lowest was 1.54. And the median was 2.43.


Balwin Properties  (JSE:BWN) 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.

Balwin Properties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.20/1.04
=4.04

* 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 11 years, the highest Shiller P/E Ratio of Balwin Properties was 4.07. The lowest was 1.54. And the median was 2.43.


Be Aware

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


Balwin Properties E10 Related Terms


Balwin Properties E10 Historical Data

* Premium members only.

The historical data trend for Balwin Properties'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.

Balwin Properties E10 Chart

Balwin Properties Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.16 1.04

Balwin Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 0.00 1.16 0.00 1.04

Balwin Properties E10 Competitor Comparison

For the Real Estate - Development subindustry, Balwin Properties'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.


Balwin Properties Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Balwin Properties's Shiller PE Ratio distribution charts can be found below:

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


JSE:BWN
49GF Score
Balwin Properties Ltd JSE:BWN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balwin Properties 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, Balwin Properties's adjusted earnings per share data for the fiscal year that ended in Feb. 2026 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.511/163.8150*163.8150
=0.511

Current CPI (Feb. 2026) = 163.8150.

Balwin Properties Annual Data

per_share_eps CPI Adj_EPS
201702 1.400 110.855 2.069
201802 1.041 115.106 1.482
201902 0.958 119.793 1.310
202002 0.872 125.243 1.141
202102 0.712 128.817 0.905
202202 0.770 136.109 0.927
202302 0.937 146.101 1.051
202402 0.462 154.225 0.491
202502 0.482 159.099 0.496
202602 0.511 163.815 0.511

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 R1.04 mean?
Balwin Properties (JSE:BWN) has a E10 of R1.04 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Balwin Properties and its competitors.
Is Balwin Properties' E10 too high?
Balwin Properties' current E10 is R1.04. Overall, Balwin Properties has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balwin Properties' E10 compare to competitors?
Balwin Properties' E10 of R1.04 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 Balwin Properties and its competitors. Balwin Properties's current E10 is R1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balwin Properties stock overvalued right now?
Based on GuruFocus' analysis, Balwin Properties (JSE:BWN) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.32, compared to a current price of R4.20 — trading 81% above its estimated fair value. The current E10 is R1.04. Balwin Properties' overall GF Score™ is 49/100 with 9 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 Balwin Properties (JSE:BWN), the current E10 is R1.04 as of Feb. 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 Balwin Properties (JSE:BWN) Overvalued in 2026?

Based on GuruFocus' analysis, Balwin Properties stock appears to be overvalued. The current stock price of R4.20 is trading 81% above its estimated GF Value™ of R2.32. GuruFocus considers Balwin Properties to be Significantly Overvalued.

Key valuation signals for JSE:BWN:

  • E10: R1.04
  • GF Value™: R2.32 vs. price of R4.20 (81% above fair value)
  • GF Score™: 49/100 with 9 warning signs

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


Balwin Properties Business Description

Address 105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
Balwin Properties Ltd is engaged in residential property development and sale of sectional title estates, bond origination, information and communication technology services, rental of commercial property and other annuity based services provided to the residential developments. Its operating segments include Sale of apartments and land; Provision of services to residential estates; Bond commission; property rental; and Balwin Foundation. It derives majority of the revenue from Residential and commercial property rental segment.
49GF Score

Get the complete analysis for JSE:BWN

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

R4.20
Price
R2.32
GF Value