Sobha (NSE:SOBHA) E10: ₹21.37 (As of Jun. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SOBHA Sobha Ltd NSE:SOBHA
83 GF Score
Price ₹1,372.20
GF Value ₹1,888.18
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Sobha E10?

Sobha NSE:SOBHA +2.07% 83 E10 is ₹21.37 as of Jun. 2026. GuruFocus rates NSE:SOBHA with a GF Score™ of 83/100 and a GF Value™ of ₹1,888.18 (Modestly Undervalued). The stock has 4 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.

Sobha's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹4.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹21.37 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Sobha's average E10 Growth Rate was 3.80% per year. During the past 3 years, the average E10 Growth Rate was -6.20% per year. During the past 5 years, the average E10 Growth Rate was -6.10% 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 Sobha was -3.20% per year. The lowest was -8.30% per year. And the median was -6.05% per year.

As of today (2026-08-01), Sobha's current stock price is ₹1372.20. Sobha's E10 for the quarter that ended in Jun. 2026 was ₹21.37. Sobha's Shiller PE Ratio of today is 64.21.

During the past 13 years, the highest Shiller PE Ratio of Sobha was 92.37. The lowest was 4.41. And the median was 25.55.


Sobha  (NSE:SOBHA) 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.

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

Shiller PE Ratio=Share Price/E10
=1372.20/21.37
=64.21

* 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 Sobha was 92.37. The lowest was 4.41. And the median was 25.55.


Be Aware

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


Sobha E10 Related Terms


Sobha E10 Historical Data

* Premium members only.

The historical data trend for Sobha'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.

Sobha E10 Chart

Sobha 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 26.79 25.68 23.05 20.72 21.23

Sobha Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 20.56 20.99 20.64 21.23 21.37

Sobha E10 Competitor Comparison

For the Real Estate - Development subindustry, Sobha'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.


Sobha Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sobha's Shiller PE Ratio distribution charts can be found below:

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


NSE:SOBHA
83GF Score
Sobha Ltd NSE:SOBHA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sobha 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, Sobha's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.75/166.1454*166.1454
=4.750

Current CPI (Jun. 2026) = 166.1454.

Sobha Quarterly Data

per share eps CPI Adj_EPS
201609 3.865 105.961 6.060
201612 3.982 105.196 6.289
201703 4.751 105.196 7.504
201706 4.822 107.109 7.480
201709 5.085 109.021 7.749
201712 5.471 109.404 8.308
201803 6.717 109.786 10.165
201806 5.403 111.317 8.064
201809 6.299 115.142 9.089
201812 7.165 115.142 10.339
201903 11.634 118.202 16.353
201906 9.297 120.880 12.778
201909 6.883 123.175 9.284
201912 7.516 126.235 9.892
202003 5.218 124.705 6.952
202006 0.681 127.000 0.891
202009 1.665 130.118 2.126
202012 2.220 130.889 2.818
202103 1.840 131.771 2.320
202106 1.110 134.084 1.375
202109 6.474 135.847 7.918
202112 6.260 138.161 7.528
202203 1.460 138.822 1.747
202206 0.458 142.347 0.535
202209 1.976 144.661 2.269
202212 3.261 145.763 3.717
202303 4.994 146.865 5.650
202306 1.270 150.280 1.404
202309 1.580 151.492 1.733
202312 1.590 152.924 1.727
202403 0.603 153.035 0.655
202406 0.640 155.789 0.683
202409 2.590 157.882 2.726
202412 2.100 158.323 2.204
202503 3.830 157.552 4.039
202506 1.270 159.755 1.321
202509 6.780 162.289 6.941
202512 1.440 163.281 1.465
202603 8.590 164.272 8.688
202606 4.750 166.145 4.750

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 ₹21.37 mean?
Sobha (NSE:SOBHA) has a E10 of ₹21.37 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sobha and its competitors.
Is Sobha's E10 too high?
Sobha's current E10 is ₹21.37. Overall, Sobha has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sobha's E10 compare to competitors?
Sobha's E10 of ₹21.37 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Sobha and its competitors. Sobha's current E10 is ₹21.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sobha stock overvalued right now?
Based on GuruFocus' analysis, Sobha (NSE:SOBHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,888.18, compared to a current price of ₹1,372.20 — trading 27.3% below its estimated fair value. The current E10 is ₹21.37. Sobha's overall GF Score™ is 83/100 with 4 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 Sobha (NSE:SOBHA), the current E10 is ₹21.37 as of Jun. 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 Sobha (NSE:SOBHA) Overvalued in 2026?

Based on GuruFocus' analysis, Sobha stock appears to be undervalued. The current stock price of ₹1,372.20 is trading 27.3% below its estimated GF Value™ of ₹1,888.18. GuruFocus considers Sobha to be Modestly Undervalued.

Key valuation signals for NSE:SOBHA:

  • E10: ₹21.37
  • GF Value™: ₹1,888.18 vs. price of ₹1,372.20 (27.3% below fair value)
  • GF Score™: 83/100 with 4 warning signs

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


Sobha Business Description

Other Exchanges 532784:India
Address Sarjapur - Marathahalli, Outer Ring Road, Devarabisanahalli, Bellandur Post, Bengaluru, KA, IND, 560103
Sobha Ltd is engaged in the real estate business. The company is engaged in the development and construction of properties. The company is operating in two segments: The Real estate segment and the Contractual and manufacturing segment. The Real Estate segment (RE) is into the development, sale, management, and operation of all or any part of townships, and housing projects, also includes leasing of self-owned commercial premises. The Contractual and Manufacturing Segment (CM) is into the development of commercial premises and other related activities, also including manufacturing activities related to interiors, glazing, metal works, and concrete products. It generates maximum revenue from the Real Estate segment.
83GF Score

Get the complete analysis for NSE:SOBHA

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

₹1,372.20
Price
₹1,888.18
GF Value