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.
Calgro M3 Holdings's adjusted earnings per share data for the fiscal year that ended in Feb. 2026 was R1.649. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R1.18 for the trailing ten years ended in Feb. 2026.
During the past 12 months, Calgro M3 Holdings's average E10 Growth Rate was -2.50% per year.
During the past 3 years, the average E10 Growth Rate was 3.00% per year.
During the past 5 years, the average E10 Growth Rate was 6.00% per year.
During the past 10 years, the average E10 Growth Rate was -10.50% 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 Calgro M3 Holdings was 9.70% per year. The lowest was -31.10% per year. And the median was 3.75% per year.
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.
Calgro M3 Holdings's Shiller P/E Ratio of today is calculated as
* 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 Calgro M3 Holdings was 8.41. The lowest was 0.62. And the median was 3.94.
Be Aware
Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.
Calgro M3 Holdings E10 Related Terms
Calgro M3 Holdings E10 Historical Data
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The historical data trend for Calgro M3 Holdings'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.
For the Residential Construction subindustry, Calgro M3 Holdings'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.
Calgro M3 Holdings Shiller PE Ratio vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Calgro M3 Holdings's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Calgro M3 Holdings's Shiller PE Ratio falls into.
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, Calgro M3 Holdings's adjusted earnings per share data for the fiscal year that ended in Feb. 2026 was:
Calgro M3 Holdings (JSE:CGR) has a E10 of R1.18 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Calgro M3 Holdings and its competitors.
Is Calgro M3 Holdings' E10 too high?
Calgro M3 Holdings' current E10 is R1.18. Overall, Calgro M3 Holdings has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Calgro M3 Holdings' E10 compare to DHI and PHM?
Calgro M3 Holdings' E10 of R1.18 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good E10 depends on the Homebuilding & Construction 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 Calgro M3 Holdings and its competitors. Calgro M3 Holdings's current E10 is R1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calgro M3 Holdings stock overvalued right now?
Based on GuruFocus' analysis, Calgro M3 Holdings (JSE:CGR) is currently considered Fairly Valued. The stock's GF Value™ is R4.19, compared to a current price of R4.28 — trading 2.1% above its estimated fair value. The current E10 is R1.18. Calgro M3 Holdings' overall GF Score™ is 60/100 with 6 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 Calgro M3 Holdings (JSE:CGR), the current E10 is R1.18 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 Calgro M3 Holdings (JSE:CGR) Overvalued in 2026?
Based on GuruFocus' analysis, Calgro M3 Holdings stock appears to be overvalued.
The current stock price of R4.28 is trading 2.1% above its estimated GF Value™ of R4.19.
GuruFocus considers Calgro M3 Holdings to be Fairly Valued.
Key valuation signals for JSE:CGR:
E10: R1.18
GF Value™: R4.19 vs. price of R4.28 (2.1% above fair value)
No single metric tells the full story. See the JSE:CGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calgro M3 Holdings Ltd is a property and property-related investment company that specializes in the development of Integrated Residential Developments and the development and management of Memorial Parks, focusing on its operations in Gauteng, Western Cape, Free State and Northwest. The group develops integrated housing developments consisting of subsidized, social, Grassroots Affordable or First Home Finance and Affordable Housing. Its segments include Residential Property Development segment consists of development of integrated housing developments and mid to high income housing projects and Memorial Parks consist of burial rights and the associated burial and maintenance services.
60GF Score
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