Steel City Securities (NSE:STEELCITY) E10: ₹9.19 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:STEELCITY Steel City Securities Ltd NSE:STEELCITY
81 GF Score
Price ₹76.96
GF Value ₹94.80
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Steel City Securities E10?

Steel City Securities NSE:STEELCITY -0.35% 81 E10 is ₹9.19 as of Mar. 2026. GuruFocus rates NSE:STEELCITY with a GF Score™ of 81/100 and a GF Value™ of ₹94.80 (Modestly Undervalued). The stock has 3 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.

Steel City Securities's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.19 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 (2026-07-14), Steel City Securities's current stock price is ₹76.96. Steel City Securities's E10 for the quarter that ended in Mar. 2026 was ₹9.19. Steel City Securities's Shiller PE Ratio of today is 8.37.

During the past 13 years, the highest Shiller PE Ratio of Steel City Securities was 10.09. The lowest was 8.09. And the median was 9.03.


Steel City Securities  (NSE:STEELCITY) 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.

Steel City Securities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=76.96/9.19
=8.37

* 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 Steel City Securities was 10.09. The lowest was 8.09. And the median was 9.03.


Be Aware

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


Steel City Securities E10 Related Terms


Steel City Securities E10 Historical Data

* Premium members only.

The historical data trend for Steel City Securities'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.

Steel City Securities E10 Chart

Steel City Securities 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 9.19

Steel City Securities 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 9.13 9.19

NSE:STEELCITY vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Steel City Securities'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.


Steel City Securities Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Steel City Securities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Steel City Securities's Shiller PE Ratio falls into.


NSE:STEELCITY
81GF Score
Steel City Securities Ltd NSE:STEELCITY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel City Securities 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, Steel City Securities'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)
=2.33/164.2724*164.2724
=2.330

Current CPI (Mar. 2026) = 164.2724.

Steel City Securities Quarterly Data

per share eps CPI Adj_EPS
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 1.656 102.518 2.654
201609 0.000 105.961 0.000
201703 1.680 105.196 2.623
201709 0.000 109.021 0.000
201803 0.000 109.786 0.000
201806 1.471 111.317 2.171
201809 1.066 115.142 1.521
201812 1.198 115.142 1.709
201903 2.119 118.202 2.945
201906 1.260 120.880 1.712
201909 0.690 123.175 0.920
201912 1.430 126.235 1.861
202003 1.330 124.705 1.752
202006 1.510 127.000 1.953
202009 1.720 130.118 2.171
202012 1.670 130.889 2.096
202103 2.110 131.771 2.630
202106 1.800 134.084 2.205
202109 2.500 135.847 3.023
202112 2.570 138.161 3.056
202203 2.280 138.822 2.698
202206 1.480 142.347 1.708
202209 2.140 144.661 2.430
202212 2.480 145.763 2.795
202303 1.320 146.865 1.476
202306 1.430 150.280 1.563
202309 1.630 151.492 1.768
202312 1.890 152.924 2.030
202403 2.911 153.035 3.125
202406 2.810 155.789 2.963
202409 3.400 157.882 3.538
202412 3.210 158.323 3.331
202503 1.900 157.552 1.981
202506 2.700 159.755 2.776
202509 2.070 162.289 2.095
202512 2.460 163.281 2.475
202603 2.330 164.272 2.330

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 ₹9.19 mean?
Steel City Securities (NSE:STEELCITY) has a E10 of ₹9.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Steel City Securities and its competitors.
Is Steel City Securities' E10 too high?
Steel City Securities' current E10 is ₹9.19. Overall, Steel City Securities has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel City Securities' E10 compare to MS and GS?
Steel City Securities' E10 of ₹9.19 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Steel City Securities and its competitors. Steel City Securities's current E10 is ₹9.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel City Securities stock overvalued right now?
Based on GuruFocus' analysis, Steel City Securities (NSE:STEELCITY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹94.80, compared to a current price of ₹76.96 — trading 18.8% below its estimated fair value. The current E10 is ₹9.19. Steel City Securities' overall GF Score™ is 81/100 with 3 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 Steel City Securities (NSE:STEELCITY), the current E10 is ₹9.19 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 Steel City Securities (NSE:STEELCITY) Overvalued in 2026?

Based on GuruFocus' analysis, Steel City Securities stock appears to be undervalued. The current stock price of ₹76.96 is trading 18.8% below its estimated GF Value™ of ₹94.80. GuruFocus considers Steel City Securities to be Modestly Undervalued.

Key valuation signals for NSE:STEELCITY:

  • E10: ₹9.19
  • GF Value™: ₹94.80 vs. price of ₹76.96 (18.8% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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


Steel City Securities Business Description

Address 50-81-18, Seethammapeta Main Road, Steel City Heights, Visakhapatnam, AP, IND, 530016
Steel City Securities Ltd is engaged in the business of retail broking (securities and commodity broking), DP Services, E-Governance, Services of EA of UIDAI, Corporate insurance agents, and marketing support services. The operating segment of the company are Stock Broking and DP Operations; and E-Governance Operations. It generates maximum revenue from the Stockbroking and DP Operations.
81GF Score

Get the complete analysis for NSE:STEELCITY

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

₹76.96
Price
₹94.80
GF Value