SJVN (NSE:SJVN) E10: ₹3.75 (As of Mar. 2026)


NSE:SJVN SJVN Ltd NSE:SJVN
79 GF Score
Price ₹70.88
GF Value ₹155.00
Valuation Possible Value Trap
! 8 Warning Signs
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What is SJVN E10?

SJVN NSE:SJVN +1.16% 79 E10 is ₹3.75 as of Mar. 2026. GuruFocus rates NSE:SJVN with a GF Score™ of 79/100 and a GF Value™ of ₹155.00 (Possible Value Trap). The stock has 8 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.

SJVN's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SJVN's average E10 Growth Rate was -5.10% per year. During the past 3 years, the average E10 Growth Rate was -3.50% 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 SJVN was -3.50% per year. The lowest was -3.50% per year. And the median was -3.50% per year.

As of today (2026-07-11), SJVN's current stock price is ₹70.88. SJVN's E10 for the quarter that ended in Mar. 2026 was ₹3.75. SJVN's Shiller PE Ratio of today is 18.90.

During the past 13 years, the highest Shiller PE Ratio of SJVN was 36.14. The lowest was 6.49. And the median was 20.89.


SJVN  (NSE:SJVN) 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.

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

Shiller PE Ratio=Share Price/E10
=70.88/3.75
=18.90

* 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 SJVN was 36.14. The lowest was 6.49. And the median was 20.89.


Be Aware

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


SJVN E10 Related Terms


SJVN E10 Historical Data

* Premium members only.

The historical data trend for SJVN'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.

SJVN E10 Chart

SJVN 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 4.17 4.11 3.95 3.75

SJVN 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 3.95 3.91 3.85 3.84 3.75

SJVN E10 Competitor Comparison

For the Utilities - Renewable subindustry, SJVN'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.


SJVN Shiller PE Ratio vs Utilities - Independent Power Producers Industry

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

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


NSE:SJVN
79GF Score
SJVN Ltd NSE:SJVN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SJVN 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, SJVN'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)
=-0.3/164.2724*164.2724
=-0.300

Current CPI (Mar. 2026) = 164.2724.

SJVN Quarterly Data

per share eps CPI Adj_EPS
201306 0.830 88.365 1.543
201309 1.000 91.042 1.804
201312 0.510 91.425 0.916
201403 0.350 91.425 0.629
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 0.750 111.317 1.107
201809 1.090 115.142 1.555
201812 0.464 115.142 0.662
201903 1.165 118.202 1.619
201906 1.080 120.880 1.468
201909 1.580 123.175 2.107
201912 0.550 126.235 0.716
202003 0.780 124.705 1.027
202006 0.770 127.000 0.996
202009 1.340 130.118 1.692
202012 0.500 130.889 0.628
202103 1.580 131.771 1.970
202106 0.870 134.084 1.066
202109 1.030 135.847 1.246
202112 0.610 138.161 0.725
202203 -0.160 138.822 -0.189
202206 1.550 142.347 1.789
202209 1.130 144.661 1.283
202212 0.730 145.763 0.823
202303 0.040 146.865 0.045
202306 0.690 150.280 0.754
202309 1.120 151.492 1.214
202312 0.350 152.924 0.376
202403 0.160 153.035 0.172
202406 0.960 155.789 1.012
202409 1.120 157.882 1.165
202412 0.380 158.323 0.394
202503 -0.320 157.552 -0.334
202506 0.650 159.755 0.668
202509 0.780 162.289 0.790
202512 0.570 163.281 0.573
202603 -0.300 164.272 -0.300

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 ₹3.75 mean?
SJVN (NSE:SJVN) has a E10 of ₹3.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SJVN and its competitors.
Is SJVN's E10 too high?
SJVN's current E10 is ₹3.75. Overall, SJVN has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SJVN's E10 compare to competitors?
SJVN's E10 of ₹3.75 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 SJVN and its competitors. SJVN's current E10 is ₹3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SJVN stock overvalued right now?
Based on GuruFocus' analysis, SJVN (NSE:SJVN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹155.00, compared to a current price of ₹70.88 — trading 54.3% below its estimated fair value. The current E10 is ₹3.75. SJVN's overall GF Score™ is 79/100 with 8 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 SJVN (NSE:SJVN), the current E10 is ₹3.75 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 SJVN (NSE:SJVN) Overvalued in 2026?

Based on GuruFocus' analysis, SJVN stock appears to be undervalued. The current stock price of ₹70.88 is trading 54.3% below its estimated GF Value™ of ₹155.00. GuruFocus considers SJVN to be Possible Value Trap.

Key valuation signals for NSE:SJVN:

  • E10: ₹3.75
  • GF Value™: ₹155.00 vs. price of ₹70.88 (54.3% below fair value)
  • GF Score™: 79/100 with 8 warning signs

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


SJVN Business Description

Other Exchanges 533206:India
Address SJVN Corporate Office Complex, Shanan, Shimla, HP, IND, 171006
SJVN Ltd is engaged in the business of generating and selling power. It is implementing various solar, hydro, wind, and thermal power projects and transmission lines across different states in India, such as Himachal Pradesh, Uttarakhand, Bihar, Gujarat, Rajasthan, and Arunachal Pradesh etc., as well as in neighboring countries, including Nepal and Bhutan. The group is also engaged in the business of providing consultancy and energy trading. The majority of its revenue is generated from Energy sales.
79GF Score

Get the complete analysis for NSE:SJVN

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

₹70.88
Price
₹155.00
GF Value