PSP Projects (NSE:PSPPROJECT) E10: ₹34.17 (As of Mar. 2026)


NSE:PSPPROJECT PSP Projects Ltd NSE:PSPPROJECT
81 GF Score
Price ₹988.30
GF Value ₹913.41
Valuation Fairly Valued
! 6 Warning Signs
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What is PSP Projects E10?

PSP Projects NSE:PSPPROJECT -1.10% 81 E10 is ₹34.17 as of Mar. 2026. GuruFocus rates NSE:PSPPROJECT with a GF Score™ of 81/100 and a GF Value™ of ₹913.41 (Fairly Valued). 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.

PSP Projects's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹5.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹34.17 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 (2026-06-27), PSP Projects's current stock price is ₹988.30. PSP Projects's E10 for the quarter that ended in Mar. 2026 was ₹34.17. PSP Projects's Shiller PE Ratio of today is 28.92.

During the past 13 years, the highest Shiller PE Ratio of PSP Projects was 28.68. The lowest was 18.23. And the median was 22.89.


PSP Projects  (NSE:PSPPROJECT) 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.

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

Shiller PE Ratio=Share Price/E10
=988.30/34.17
=28.92

* 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 PSP Projects was 28.68. The lowest was 18.23. And the median was 22.89.


Be Aware

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


PSP Projects E10 Related Terms


PSP Projects E10 Historical Data

* Premium members only.

The historical data trend for PSP Projects'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.

PSP Projects E10 Chart

PSP Projects 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 0.00 34.17

PSP Projects 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 34.17

NSE:PSPPROJECT vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, PSP Projects'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.


PSP Projects Shiller PE Ratio vs Construction Industry

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

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


NSE:PSPPROJECT
81GF Score
PSP Projects Ltd NSE:PSPPROJECT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PSP Projects 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, PSP Projects'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)
=5.26/164.2724*164.2724
=5.260

Current CPI (Mar. 2026) = 164.2724.

PSP Projects Quarterly Data

per share eps CPI Adj_EPS
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201609 0.000 105.961 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 5.850 111.317 8.633
201809 5.850 115.142 8.346
201812 5.850 115.142 8.346
201903 8.300 118.202 11.535
201906 7.040 120.880 9.567
201909 9.030 123.175 12.043
201912 10.150 126.235 13.208
202003 9.480 124.705 12.488
202006 -0.960 127.000 -1.242
202009 3.910 130.118 4.936
202012 8.110 130.889 10.178
202103 11.600 131.771 14.461
202106 6.920 134.084 8.478
202109 10.160 135.847 12.286
202112 13.920 138.161 16.551
202203 15.340 138.822 18.152
202206 8.070 142.347 9.313
202209 5.980 144.661 6.791
202212 9.820 145.763 11.067
202303 12.780 146.865 14.295
202306 10.510 150.280 11.489
202309 10.700 151.492 11.603
202312 8.630 152.924 9.270
202403 4.310 153.035 4.626
202406 8.800 155.789 9.279
202409 2.600 157.882 2.705
202412 1.280 158.323 1.328
202503 1.640 157.552 1.710
202506 0.110 159.755 0.113
202509 4.100 162.289 4.150
202512 4.530 163.281 4.558
202603 5.260 164.272 5.260

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 ₹34.17 mean?
PSP Projects (NSE:PSPPROJECT) has a E10 of ₹34.17 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PSP Projects and its competitors.
Is PSP Projects' E10 too high?
PSP Projects' current E10 is ₹34.17. Overall, PSP Projects has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PSP Projects' E10 compare to PWR and FIX?
PSP Projects' E10 of ₹34.17 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 PSP Projects and its competitors. PSP Projects's current E10 is ₹34.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Projects stock overvalued right now?
Based on GuruFocus' analysis, PSP Projects (NSE:PSPPROJECT) is currently considered Fairly Valued. The stock's GF Value™ is ₹913.41, compared to a current price of ₹988.30 — trading 8.2% above its estimated fair value. The current E10 is ₹34.17. PSP Projects' overall GF Score™ is 81/100 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 PSP Projects (NSE:PSPPROJECT), the current E10 is ₹34.17 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 PSP Projects (NSE:PSPPROJECT) Overvalued in 2026?

Based on GuruFocus' analysis, PSP Projects stock appears to be overvalued. The current stock price of ₹988.30 is trading 8.2% above its estimated GF Value™ of ₹913.41. GuruFocus considers PSP Projects to be Fairly Valued.

Key valuation signals for NSE:PSPPROJECT:

  • E10: ₹34.17
  • GF Value™: ₹913.41 vs. price of ₹988.30 (8.2% above fair value)
  • GF Score™: 81/100 with 6 warning signs

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


PSP Projects Business Description

Other Exchanges 540544:India
Address Iscon - Ambli Road, PSP House, Opposite Celesta Courtyard, Opposite Lane of Vikram Nagar Colony, Ahmedabad, GJ, IND, 380058
PSP Projects Ltd is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India. The company operates in a single segment, namely construction project activities. The company provides services across the construction value chain, ranging from planning and design to construction and post-construction activities. Geographically, it derives revenue from India.
81GF Score

Get the complete analysis for NSE:PSPPROJECT

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

₹988.30
Price
₹913.41
GF Value