TRG Pakistan (KAR:TRG) E10: ₨-2.29 (As of Mar. 2026)


KAR:TRG TRG Pakistan Ltd KAR:TRG
62 GF Score
Price ₨63.67
GF Value ₨36.69
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is TRG Pakistan E10?

TRG Pakistan KAR:TRG +0.49% 62 E10 is ₨-2.29 as of Mar. 2026. GuruFocus rates KAR:TRG with a GF Score™ of 62/100 and a GF Value™ of ₨36.69 (Significantly Overvalued). The stock has 4 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.

TRG Pakistan's adjusted earnings per share data for the three months ended in Mar. 2026 was ₨-16.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨-2.29 for the trailing ten years ended in Mar. 2026.

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 (2026-07-01), TRG Pakistan's current stock price is ₨63.67. TRG Pakistan's E10 for the quarter that ended in Mar. 2026 was ₨-2.29. TRG Pakistan's Shiller PE Ratio of today is .


TRG Pakistan  (KAR:TRG) 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.


TRG Pakistan E10 Related Terms


TRG Pakistan E10 Historical Data

* Premium members only.

The historical data trend for TRG Pakistan'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.

TRG Pakistan E10 Chart

TRG Pakistan Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TRG Pakistan 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 0.00 0.00 0.00 0.00 -2.29

KAR:TRG vs CTAS, CPRT, ULS: E10 Comparison

For the Specialty Business Services subindustry, TRG Pakistan'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.


TRG Pakistan Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, TRG Pakistan's Shiller PE Ratio distribution charts can be found below:

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


KAR:TRG
62GF Score
TRG Pakistan Ltd KAR:TRG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRG Pakistan 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, TRG Pakistan'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)
=-16.44/330.2130*330.2130
=-16.440

Current CPI (Mar. 2026) = 330.2130.

TRG Pakistan Quarterly Data

per share eps CPI Adj_EPS
201306 0.000 233.504 0.000
201406 0.000 238.343 0.000
201506 0.000 238.638 0.000
201606 0.000 241.018 0.000
201706 0.000 244.955 0.000
201709 -1.300 246.819 -1.739
201712 -0.620 246.524 -0.830
201803 -1.740 249.554 -2.302
201806 -1.720 251.989 -2.254
201809 -0.630 252.439 -0.824
201812 -0.010 251.233 -0.013
201903 -1.010 254.202 -1.312
201906 1.663 256.143 2.144
201909 0.030 256.759 0.039
201912 0.002 256.974 0.003
202003 0.001 258.115 0.001
202006 0.105 257.797 0.134
202009 1.500 260.280 1.903
202012 6.620 260.474 8.392
202103 5.140 264.877 6.408
202106 34.152 271.696 41.508
202109 0.058 274.310 0.070
202112 -23.110 278.802 -27.371
202203 4.010 287.504 4.606
202206 9.918 296.311 11.053
202209 10.726 296.808 11.933
202212 8.240 296.797 9.168
202303 -6.340 301.836 -6.936
202306 -12.900 305.109 -13.961
202309 -15.656 307.789 -16.797
202312 -2.760 306.746 -2.971
202403 -11.240 312.332 -11.883
202406 -25.890 314.175 -27.212
202409 4.410 315.301 4.619
202412 3.500 315.605 3.662
202503 -0.550 319.799 -0.568
202506 -0.170 322.561 -0.174
202509 12.590 324.800 12.800
202512 -4.810 324.054 -4.901
202603 -16.440 330.213 -16.440

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 ₨-2.29 mean?
TRG Pakistan (KAR:TRG) has a E10 of ₨-2.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TRG Pakistan and its competitors.
Is TRG Pakistan's E10 too high?
TRG Pakistan's current E10 is ₨-2.29. Overall, TRG Pakistan has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TRG Pakistan's E10 compare to CTAS and CPRT?
TRG Pakistan's E10 of ₨-2.29 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 TRG Pakistan and its competitors. TRG Pakistan's current E10 is ₨-2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRG Pakistan stock overvalued right now?
Based on GuruFocus' analysis, TRG Pakistan (KAR:TRG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨36.69, compared to a current price of ₨63.67 — trading 73.5% above its estimated fair value. The current E10 is ₨-2.29. TRG Pakistan's overall GF Score™ is 62/100 with 4 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 TRG Pakistan (KAR:TRG), the current E10 is ₨-2.29 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 TRG Pakistan (KAR:TRG) Overvalued in 2026?

Based on GuruFocus' analysis, TRG Pakistan stock appears to be overvalued. The current stock price of ₨63.67 is trading 73.5% above its estimated GF Value™ of ₨36.69. GuruFocus considers TRG Pakistan to be Significantly Overvalued.

Key valuation signals for KAR:TRG:

  • E10: ₨-2.29
  • GF Value™: ₨36.69 vs. price of ₨63.67 (73.5% above fair value)
  • GF Score™: 62/100 with 4 warning signs

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


TRG Pakistan Business Description

Address Sky Tower West Wing, 24th Floor, HC-3, Block 4, Marine Drive, Clifton, Dolmen, Karachi, SD, PAK, 75600
TRG Pakistan Ltd, through its subsidiary, acquires, invests, and manages operations relating to business process outsourcing, marketing of Medicare-related products, online customer acquisition, and contact center optimization services. It is engaged in investing in a portfolio of investments in the Technology and IT-enabled services sectors.
62GF Score

Get the complete analysis for KAR:TRG

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

₨63.67
Price
₨36.69
GF Value