JSW Energy (NSE:JSWENERGY) E10: ₹8.52 (As of Mar. 2026)


NSE:JSWENERGY JSW Energy Ltd NSE:JSWENERGY
87 GF Score
Price ₹550.20
GF Value ₹816.79
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is JSW Energy E10?

JSW Energy NSE:JSWENERGY -2.68% 87 E10 is ₹8.52 as of Mar. 2026. GuruFocus rates NSE:JSWENERGY with a GF Score™ of 87/100 and a GF Value™ of ₹816.79 (Possible Value Trap). The stock has 7 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.

JSW Energy's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, JSW Energy's average E10 Growth Rate was 2.50% per year. During the past 3 years, the average E10 Growth Rate was 3.50% per year. During the past 5 years, the average E10 Growth Rate was 5.10% 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 JSW Energy was 7.90% per year. The lowest was 3.50% per year. And the median was 4.40% per year.

As of today (2026-07-05), JSW Energy's current stock price is ₹550.20. JSW Energy's E10 for the quarter that ended in Mar. 2026 was ₹8.52. JSW Energy's Shiller PE Ratio of today is 64.58.

During the past 13 years, the highest Shiller PE Ratio of JSW Energy was 93.03. The lowest was 6.98. And the median was 47.58.


JSW Energy  (NSE:JSWENERGY) 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.

JSW Energy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=550.20/8.52
=64.58

* 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 JSW Energy was 93.03. The lowest was 6.98. And the median was 47.58.


Be Aware

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


JSW Energy E10 Related Terms


JSW Energy E10 Historical Data

* Premium members only.

The historical data trend for JSW Energy'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.

JSW Energy E10 Chart

JSW Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.31 7.69 8.29 8.31 8.52

JSW Energy 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 8.31 8.55 8.57 8.56 8.52

NSE:JSWENERGY vs CEG, VST, NRG: E10 Comparison

For the Utilities - Independent Power Producers subindustry, JSW Energy'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.


JSW Energy Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, JSW Energy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JSW Energy's Shiller PE Ratio falls into.


NSE:JSWENERGY
87GF Score
JSW Energy Ltd NSE:JSWENERGY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JSW Energy 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, JSW Energy'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)
=2.07/164.2724*164.2724
=2.070

Current CPI (Mar. 2026) = 164.2724.

JSW Energy Quarterly Data

per share eps CPI Adj_EPS
201606 2.250 105.961 3.488
201609 1.340 105.961 2.077
201612 0.130 105.196 0.203
201703 0.150 105.196 0.234
201706 1.330 107.109 2.040
201709 1.810 109.021 2.727
201712 0.290 109.404 0.435
201803 -2.950 109.786 -4.414
201806 1.400 111.317 2.066
201809 1.930 115.142 2.754
201812 0.890 115.142 1.270
201903 0.030 118.202 0.042
201906 0.460 120.880 0.625
201909 2.150 123.175 2.867
201912 2.400 126.235 3.123
202003 0.660 124.705 0.869
202006 1.300 127.000 1.682
202009 2.140 130.118 2.702
202012 0.750 130.889 0.941
202103 0.650 131.771 0.810
202106 1.220 134.084 1.495
202109 2.070 135.847 2.503
202112 1.940 138.161 2.307
202203 5.240 138.822 6.201
202206 3.400 142.347 3.924
202209 2.840 144.661 3.225
202212 1.090 145.763 1.228
202303 1.660 146.865 1.857
202306 1.760 150.280 1.924
202309 5.170 151.492 5.606
202312 1.410 152.924 1.515
202403 2.130 153.035 2.286
202406 3.000 155.789 3.163
202409 4.880 157.882 5.078
202412 0.960 158.323 0.996
202503 2.340 157.552 2.440
202506 4.250 159.755 4.370
202509 4.040 162.289 4.089
202512 2.410 163.281 2.425
202603 2.070 164.272 2.070

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 ₹8.52 mean?
JSW Energy (NSE:JSWENERGY) has a E10 of ₹8.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on JSW Energy and its competitors.
Is JSW Energy's E10 too high?
JSW Energy's current E10 is ₹8.52. Overall, JSW Energy has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JSW Energy's E10 compare to CEG and VST?
JSW Energy's E10 of ₹8.52 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 JSW Energy and its competitors. JSW Energy's current E10 is ₹8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Energy stock overvalued right now?
Based on GuruFocus' analysis, JSW Energy (NSE:JSWENERGY) is currently considered Possible Value Trap. The stock's GF Value™ is ₹816.79, compared to a current price of ₹550.20 — trading 32.6% below its estimated fair value. The current E10 is ₹8.52. JSW Energy's overall GF Score™ is 87/100 with 7 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 JSW Energy (NSE:JSWENERGY), the current E10 is ₹8.52 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 JSW Energy (NSE:JSWENERGY) Overvalued in 2026?

Based on GuruFocus' analysis, JSW Energy stock appears to be undervalued. The current stock price of ₹550.20 is trading 32.6% below its estimated GF Value™ of ₹816.79. GuruFocus considers JSW Energy to be Possible Value Trap.

Key valuation signals for NSE:JSWENERGY:

  • E10: ₹8.52
  • GF Value™: ₹816.79 vs. price of ₹550.20 (32.6% below fair value)
  • GF Score™: 87/100 with 7 warning signs

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


JSW Energy Business Description

Other Exchanges 533148:India
Address JSW Centre, Near MMRDA Grounds, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
JSW Energy Ltd is mainly engaged in the business of generation of power with principal places located at Vijayanagar (Karnataka), Ratnagiri(Maharashtra), Nandyal (Andhra Pradesh) and Salboni (West Bengal). The company's business segment includes Power generation, Power transmission, and Power trading. The company's reportable segment includes Thermal, and Renewables which comprises of generation of power from renewable energy sources i.e. hydro, wind, solar and related ancillary services. The company generates majority of revenue from Thermal which comprises of generation of power from coal and other thermal sources (lignite, gas and oil) from plants owned and related ancillary services.
87GF Score

Get the complete analysis for NSE:JSWENERGY

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

₹550.20
Price
₹816.79
GF Value