Semac Construction (NSE:SEMAC) E10: ₹3.76 (As of Mar. 2026)


NSE:SEMAC Semac Construction Ltd NSE:SEMAC
52 GF Score
Price ₹340.50
GF Value ₹874.81
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Semac Construction E10?

Semac Construction NSE:SEMAC -3.54% 52 E10 is ₹3.76 as of Mar. 2026. GuruFocus rates NSE:SEMAC with a GF Score™ of 52/100 and a GF Value™ of ₹874.81 (Significantly Undervalued). The stock has 5 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.

Semac Construction's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹14.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Semac Construction's average E10 Growth Rate was -66.40% per year. During the past 3 years, the average E10 Growth Rate was -38.50% per year. During the past 5 years, the average E10 Growth Rate was -15.40% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Semac Construction was 6.70% per year. The lowest was -38.50% per year. And the median was -1.00% per year.

As of today (2026-06-30), Semac Construction's current stock price is ₹340.50. Semac Construction's E10 for the quarter that ended in Mar. 2026 was ₹3.76. Semac Construction's Shiller PE Ratio of today is 90.56.

During the past 13 years, the highest Shiller PE Ratio of Semac Construction was 132.17. The lowest was 17.31. And the median was 31.61.


Semac Construction  (NSE:SEMAC) 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.

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

Shiller PE Ratio=Share Price/E10
=340.50/3.76
=90.56

* 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 Semac Construction was 132.17. The lowest was 17.31. And the median was 31.61.


Be Aware

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


Semac Construction E10 Related Terms


Semac Construction E10 Historical Data

* Premium members only.

The historical data trend for Semac Construction'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.

Semac Construction E10 Chart

Semac Construction 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 14.08 20.17 17.09 13.70 3.76

Semac Construction 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 13.70 16.54 12.90 8.41 3.76

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

For the Engineering & Construction subindustry, Semac Construction'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.


Semac Construction Shiller PE Ratio vs Construction Industry

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

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


NSE:SEMAC
52GF Score
Semac Construction Ltd NSE:SEMAC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semac Construction 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, Semac Construction'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)
=14.55/164.2724*164.2724
=14.550

Current CPI (Mar. 2026) = 164.2724.

Semac Construction Quarterly Data

per share eps CPI Adj_EPS
201606 -1.498 105.961 -2.322
201609 -7.255 105.961 -11.247
201612 31.331 105.196 48.926
201703 1.270 105.196 1.983
201706 -27.070 107.109 -41.517
201709 -0.480 109.021 -0.723
201712 -10.290 109.404 -15.451
201803 -21.181 109.786 -31.693
201806 1.310 111.317 1.933
201809 0.410 115.142 0.585
201812 5.013 115.142 7.152
201903 28.230 118.202 39.233
201906 4.316 120.880 5.865
201909 4.053 123.175 5.405
201912 15.831 126.235 20.601
202003 24.072 124.705 31.710
202006 14.016 127.000 18.129
202009 -4.070 130.118 -5.138
202012 2.255 130.889 2.830
202103 3.527 131.771 4.397
202106 -0.062 134.084 -0.076
202109 16.769 135.847 20.278
202112 2.643 138.161 3.143
202203 -12.127 138.822 -14.350
202206 2.299 142.347 2.653
202209 40.660 144.661 46.172
202212 2.880 145.763 3.246
202303 10.947 146.865 12.245
202306 6.280 150.280 6.865
202309 -10.620 151.492 -11.516
202312 -47.260 152.924 -50.767
202403 -52.233 153.035 -56.069
202406 -7.580 155.789 -7.993
202409 -9.530 157.882 -9.916
202412 -3.980 158.323 -4.130
202503 2.350 157.552 2.450
202506 3.460 159.755 3.558
202509 0.290 162.289 0.294
202512 5.040 163.281 5.071
202603 14.550 164.272 14.550

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 ₹3.76 mean?
Semac Construction (NSE:SEMAC) has a E10 of ₹3.76 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Semac Construction and its competitors.
Is Semac Construction's E10 too high?
Semac Construction's current E10 is ₹3.76. Overall, Semac Construction has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Semac Construction's E10 compare to PWR and FIX?
Semac Construction's E10 of ₹3.76 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 Semac Construction and its competitors. Semac Construction's current E10 is ₹3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semac Construction stock overvalued right now?
Based on GuruFocus' analysis, Semac Construction (NSE:SEMAC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹874.81, compared to a current price of ₹340.50 — trading 61.1% below its estimated fair value. The current E10 is ₹3.76. Semac Construction's overall GF Score™ is 52/100 with 5 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 Semac Construction (NSE:SEMAC), the current E10 is ₹3.76 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 Semac Construction (NSE:SEMAC) Overvalued in 2026?

Based on GuruFocus' analysis, Semac Construction stock appears to be undervalued. The current stock price of ₹340.50 is trading 61.1% below its estimated GF Value™ of ₹874.81. GuruFocus considers Semac Construction to be Significantly Undervalued.

Key valuation signals for NSE:SEMAC:

  • E10: ₹3.76
  • GF Value™: ₹874.81 vs. price of ₹340.50 (61.1% below fair value)
  • GF Score™: 52/100 with 5 warning signs

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


Semac Construction Business Description

Other Exchanges 505368:India
Address Phase - III, Plot No. 505, 3rd Floor, Udyog Vihar, Gurugram, HR, IND, 122016
Semac Construction Ltd is a comprehensive engineering and construction services provider offering solutions for ASMEPF (Architectural, Structural, Mechanical, Electrical, Plumbing, Fire Suppression, etc.) services. Its project portfolio comprises commercial complexes, roads, industrial plants, offices, etc. The group operates mainly in one business segment, viz., engineering, consultancy for commercial and industrial projects. Geographically, it derives maximum revenue from India, and also has some exposure to markets outside India.
52GF Score

Get the complete analysis for NSE:SEMAC

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

₹340.50
Price
₹874.81
GF Value