PDS (NSE:PDSL) E10: ₹9.84 (As of Mar. 2026)


NSE:PDSL PDS Ltd NSE:PDSL
75 GF Score
Price ₹350.10
GF Value ₹477.48
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PDS E10?

PDS NSE:PDSL -2.79% 75 E10 is ₹9.84 as of Mar. 2026. GuruFocus rates NSE:PDSL with a GF Score™ of 75/100 and a GF Value™ of ₹477.48 (Modestly Undervalued). The stock has 6 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.

PDS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PDS's average E10 Growth Rate was 9.20% 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 (2026-06-30), PDS's current stock price is ₹350.10. PDS's E10 for the quarter that ended in Mar. 2026 was ₹9.84. PDS's Shiller PE Ratio of today is 35.58.

During the past 13 years, the highest Shiller PE Ratio of PDS was 70.88. The lowest was 27.16. And the median was 43.07.


PDS  (NSE:PDSL) 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.

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

Shiller PE Ratio=Share Price/E10
=350.10/9.84
=35.58

* 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 PDS was 70.88. The lowest was 27.16. And the median was 43.07.


Be Aware

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


PDS E10 Related Terms


PDS E10 Historical Data

* Premium members only.

The historical data trend for PDS'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.

PDS E10 Chart

PDS 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 0.00 0.00 0.00 9.02 9.84

PDS 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 9.02 9.12 9.41 9.59 9.84

NSE:PDSL vs CTAS, CPRT, ULS: E10 Comparison

For the Specialty Business Services subindustry, PDS'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.


PDS Shiller PE Ratio vs Business Services Industry

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

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


NSE:PDSL
75GF Score
PDS Ltd NSE:PDSL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PDS 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, PDS'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)
=3.46/164.2724*164.2724
=3.460

Current CPI (Mar. 2026) = 164.2724.

PDS Quarterly Data

per share eps CPI Adj_EPS
201606 0.512 105.961 0.794
201609 0.790 105.961 1.225
201612 0.274 105.196 0.428
201703 1.091 105.196 1.704
201706 -0.166 107.109 -0.255
201709 -0.294 109.021 -0.443
201712 -0.420 109.404 -0.631
201803 0.278 109.786 0.416
201806 0.246 111.317 0.363
201809 0.576 115.142 0.822
201812 1.002 115.142 1.430
201903 1.944 118.202 2.702
201906 0.858 120.880 1.166
201909 0.576 123.175 0.768
201912 0.802 126.235 1.044
202003 1.298 124.705 1.710
202006 -0.386 127.000 -0.499
202009 -0.312 130.118 -0.394
202012 2.540 130.889 3.188
202103 4.632 131.771 5.775
202106 4.098 134.084 5.021
202109 3.930 135.847 4.752
202112 4.970 138.161 5.909
202203 5.830 138.822 6.899
202206 2.780 142.347 3.208
202209 7.050 144.661 8.006
202212 5.830 145.763 6.570
202303 4.260 146.865 4.765
202306 1.420 150.280 1.552
202309 4.880 151.492 5.292
202312 1.090 152.924 1.171
202403 3.390 153.035 3.639
202406 1.490 155.789 1.571
202409 4.920 157.882 5.119
202412 1.950 158.323 2.023
202503 3.190 157.552 3.326
202506 0.910 159.755 0.936
202509 2.120 162.289 2.146
202512 1.380 163.281 1.388
202603 3.460 164.272 3.460

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 ₹9.84 mean?
PDS (NSE:PDSL) has a E10 of ₹9.84 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PDS and its competitors.
Is PDS's E10 too high?
PDS's current E10 is ₹9.84. Overall, PDS has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PDS's E10 compare to CTAS and CPRT?
PDS's E10 of ₹9.84 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 PDS and its competitors. PDS's current E10 is ₹9.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PDS stock overvalued right now?
Based on GuruFocus' analysis, PDS (NSE:PDSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹477.48, compared to a current price of ₹350.10 — trading 26.7% below its estimated fair value. The current E10 is ₹9.84. PDS's overall GF Score™ is 75/100 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 PDS (NSE:PDSL), the current E10 is ₹9.84 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 PDS (NSE:PDSL) Overvalued in 2026?

Based on GuruFocus' analysis, PDS stock appears to be undervalued. The current stock price of ₹350.10 is trading 26.7% below its estimated GF Value™ of ₹477.48. GuruFocus considers PDS to be Modestly Undervalued.

Key valuation signals for NSE:PDSL:

  • E10: ₹9.84
  • GF Value™: ₹477.48 vs. price of ₹350.10 (26.7% below fair value)
  • GF Score™: 75/100 with 6 warning signs

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


PDS Business Description

Other Exchanges 538730:India
Address Andheri Ghatkopar Link Road, Unit No. 971, Solitaire Corporate Park, Andheri (East), Mumbai, MH, IND, 400093
PDS Ltd is engaged in the trading of ready-to-wear apparel, providing services to group companies engaged in the export of ready-to-wear apparel and sourcing and distribution of their products. The company is also engaged in the business of holding, owning, leasing, or licensing real estate. It has three reporting segments: Sourcing, Manufacturing, PDS Ventures, and Others. The company generates maximum revenue from the Sourcing segment. Geographically, the company generates maximum revenue from its customers in the UK and Europe and the rest from North America, Asia and Middle East, India, and other regions.
75GF Score

Get the complete analysis for NSE:PDSL

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

₹350.10
Price
₹477.48
GF Value