PTC India (NSE:PTC) E10: ₹20.48 (As of Mar. 2026)


NSE:PTC PTC India Ltd NSE:PTC
81 GF Score
Price ₹181.80
GF Value ₹185.25
Valuation Fairly Valued
! 6 Warning Signs
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What is PTC India E10?

PTC India NSE:PTC -1.60% 81 E10 is ₹20.48 as of Mar. 2026. GuruFocus rates NSE:PTC with a GF Score™ of 81/100 and a GF Value™ of ₹185.25 (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.

PTC India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹20.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PTC India's average E10 Growth Rate was 4.40% 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 (2026-06-27), PTC India's current stock price is ₹181.80. PTC India's E10 for the quarter that ended in Mar. 2026 was ₹20.48. PTC India's Shiller PE Ratio of today is 8.88.

During the past 13 years, the highest Shiller PE Ratio of PTC India was 10.88. The lowest was 7.22. And the median was 8.70.


PTC India  (NSE:PTC) 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.

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

Shiller PE Ratio=Share Price/E10
=181.80/20.48
=8.88

* 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 PTC India was 10.88. The lowest was 7.22. And the median was 8.70.


Be Aware

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


PTC India E10 Related Terms


PTC India E10 Historical Data

* Premium members only.

The historical data trend for PTC India'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.

PTC India E10 Chart

PTC India 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 19.63 20.48

PTC India 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 19.63 20.14 20.60 20.58 20.48

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

For the Utilities - Independent Power Producers subindustry, PTC India'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.


PTC India Shiller PE Ratio vs Utilities - Independent Power Producers Industry

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

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


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

PTC India 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, PTC India'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)
=3.56/164.2724*164.2724
=3.560

Current CPI (Mar. 2026) = 164.2724.

PTC India Quarterly Data

per share eps CPI Adj_EPS
201103 0.000 70.768 0.000
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
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 3.640 111.317 5.372
201809 6.100 115.142 8.703
201812 2.550 115.142 3.638
201903 2.080 118.202 2.891
201906 2.970 120.880 4.036
201909 6.280 123.175 8.375
201912 1.640 126.235 2.134
202003 1.540 124.705 2.029
202006 3.070 127.000 3.971
202009 6.170 130.118 7.790
202012 3.610 130.889 4.531
202103 2.320 131.771 2.892
202106 4.060 134.084 4.974
202109 5.980 135.847 7.231
202112 2.040 138.161 2.426
202203 5.010 138.822 5.928
202206 3.970 142.347 4.581
202209 4.050 144.661 4.599
202212 3.100 145.763 3.494
202303 3.940 146.865 4.407
202306 4.390 150.280 4.799
202309 6.130 151.492 6.647
202312 2.680 152.924 2.879
202403 2.910 153.035 3.124
202406 5.870 155.789 6.190
202409 7.340 157.882 7.637
202412 5.320 158.323 5.520
202503 11.880 157.552 12.387
202506 6.590 159.755 6.776
202509 6.460 162.289 6.539
202512 3.850 163.281 3.873
202603 3.560 164.272 3.560

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 ₹20.48 mean?
PTC India (NSE:PTC) has a E10 of ₹20.48 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PTC India and its competitors.
Is PTC India's E10 too high?
PTC India's current E10 is ₹20.48. Overall, PTC India has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTC India's E10 compare to CEG and VST?
PTC India's E10 of ₹20.48 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 PTC India and its competitors. PTC India's current E10 is ₹20.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTC India stock overvalued right now?
Based on GuruFocus' analysis, PTC India (NSE:PTC) is currently considered Fairly Valued. The stock's GF Value™ is ₹185.25, compared to a current price of ₹181.80 — trading 1.9% below its estimated fair value. The current E10 is ₹20.48. PTC India's 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 PTC India (NSE:PTC), the current E10 is ₹20.48 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 PTC India (NSE:PTC) Overvalued in 2026?

Based on GuruFocus' analysis, PTC India stock appears to be undervalued. The current stock price of ₹181.80 is trading 1.9% below its estimated GF Value™ of ₹185.25. GuruFocus considers PTC India to be Fairly Valued.

Key valuation signals for NSE:PTC:

  • E10: ₹20.48
  • GF Value™: ₹185.25 vs. price of ₹181.80 (1.9% below fair value)
  • GF Score™: 81/100 with 6 warning signs

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


PTC India Business Description

Other Exchanges 532524:India
Address 15 Bhikaji Cama Place, 2nd Floor, NBCC Tower, New Delhi, IND, 110 066
PTC India Ltd is a holding company. It is involved in the trading of electricity and offers power trading solutions in India. The company's segments include Power: it includes trading & generation of power. Financing business: It includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources, and fuel-related infrastructure. The company derives the majority of its revenue from India.
81GF Score

Get the complete analysis for NSE:PTC

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

₹181.80
Price
₹185.25
GF Value