BF Utilities (NSE:BFUTILITIE) E10: ₹24.98 (As of Dec. 2025)


NSE:BFUTILITIE BF Utilities Ltd NSE:BFUTILITIE
85 GF Score
Price ₹559.95
GF Value ₹781.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is BF Utilities E10?

BF Utilities NSE:BFUTILITIE -2.18% 85 E10 is ₹24.98 as of Dec. 2025. GuruFocus rates NSE:BFUTILITIE with a GF Score™ of 85/100 and a GF Value™ of ₹781.37 (Modestly Undervalued). The stock has 3 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.

BF Utilities's adjusted earnings per share data for the three months ended in Dec. 2025 was ₹11.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹24.98 for the trailing ten years ended in Dec. 2025.

During the past 12 months, BF Utilities's average E10 Growth Rate was 14.90% 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 (2026-07-08), BF Utilities's current stock price is ₹559.95. BF Utilities's E10 for the quarter that ended in Dec. 2025 was ₹24.98. BF Utilities's Shiller PE Ratio of today is 22.42.

During the past 13 years, the highest Shiller PE Ratio of BF Utilities was 49.94. The lowest was 15.41. And the median was 33.23.


BF Utilities  (NSE:BFUTILITIE) 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.

BF Utilities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=559.95/24.98
=22.42

* 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 BF Utilities was 49.94. The lowest was 15.41. And the median was 33.23.


Be Aware

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


BF Utilities E10 Related Terms


BF Utilities E10 Historical Data

* Premium members only.

The historical data trend for BF Utilities'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.

BF Utilities E10 Chart

BF Utilities Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 22.41

BF Utilities Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 21.84 22.41 23.37 24.41 24.98

BF Utilities E10 Competitor Comparison

For the Infrastructure Operations subindustry, BF Utilities'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.


BF Utilities Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, BF Utilities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BF Utilities's Shiller PE Ratio falls into.


NSE:BFUTILITIE
85GF Score
BF Utilities Ltd NSE:BFUTILITIE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BF Utilities 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, BF Utilities's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=11.05/163.2808*163.2808
=11.050

Current CPI (Dec. 2025) = 163.2808.

BF Utilities Quarterly Data

per share eps CPI Adj_EPS
201009 0.000 68.473 0.000
201109 0.000 75.359 0.000
201209 0.000 82.244 0.000
201309 0.000 91.042 0.000
201409 0.000 96.780 0.000
201509 0.000 101.753 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 3.087 111.317 4.528
201809 7.700 115.142 10.919
201812 3.721 115.142 5.277
201903 -0.829 118.202 -1.145
201906 3.716 120.880 5.019
201909 2.551 123.175 3.382
201912 2.360 126.235 3.053
202003 -2.326 124.705 -3.046
202006 -3.780 127.000 -4.860
202009 -1.650 130.118 -2.071
202012 2.310 130.889 2.882
202103 2.460 131.771 3.048
202106 -0.650 134.084 -0.792
202109 2.464 135.847 2.962
202112 6.000 138.161 7.091
202203 5.670 138.822 6.669
202206 9.950 142.347 11.413
202209 7.150 144.661 8.070
202212 8.500 145.763 9.522
202303 7.440 146.865 8.272
202306 8.030 150.280 8.725
202309 11.270 151.492 12.147
202312 9.910 152.924 10.581
202403 9.910 153.035 10.574
202406 9.820 155.789 10.292
202409 10.390 157.882 10.745
202412 9.210 158.323 9.498
202503 9.470 157.552 9.814
202506 10.190 159.755 10.415
202509 11.280 162.289 11.349
202512 11.050 163.281 11.050

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 ₹24.98 mean?
BF Utilities (NSE:BFUTILITIE) has a E10 of ₹24.98 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BF Utilities and its competitors.
Is BF Utilities' E10 too high?
BF Utilities' current E10 is ₹24.98. Overall, BF Utilities has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BF Utilities' E10 compare to competitors?
BF Utilities' E10 of ₹24.98 can be compared against companies in the 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 Construction company?
A good E10 depends on the 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 BF Utilities and its competitors. BF Utilities's current E10 is ₹24.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BF Utilities stock overvalued right now?
Based on GuruFocus' analysis, BF Utilities (NSE:BFUTILITIE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹781.37, compared to a current price of ₹559.95 — trading 28.3% below its estimated fair value. The current E10 is ₹24.98. BF Utilities' overall GF Score™ is 85/100 with 3 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 BF Utilities (NSE:BFUTILITIE), the current E10 is ₹24.98 as of Dec. 2025. 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 BF Utilities (NSE:BFUTILITIE) Overvalued in 2026?

Based on GuruFocus' analysis, BF Utilities stock appears to be undervalued. The current stock price of ₹559.95 is trading 28.3% below its estimated GF Value™ of ₹781.37. GuruFocus considers BF Utilities to be Modestly Undervalued.

Key valuation signals for NSE:BFUTILITIE:

  • E10: ₹24.98
  • GF Value™: ₹781.37 vs. price of ₹559.95 (28.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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


BF Utilities Business Description

Other Exchanges 532430:India
Address Pune Cantonment, Mundhwa, Pune, MH, IND, 411036
BF Utilities Ltd is a holding company operating through two segments Wind Energy and Infrastructure. The Infrastructure segments are involved in the construction of highways, roads, bridges, culverts, and many more, while its Wind Energy segment represents the operation of wind farms in select states of India. The majority of its revenue is derived from the Infrastructure segment.
85GF Score

Get the complete analysis for NSE:BFUTILITIE

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

₹559.95
Price
₹781.37
GF Value