Tejas Networks (NSE:TEJASNET) E10: ₹0.13 (As of Mar. 2026)


NSE:TEJASNET Tejas Networks Ltd NSE:TEJASNET
52 GF Score
Price ₹624.00
GF Value ₹357.49
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Tejas Networks E10?

Tejas Networks NSE:TEJASNET +0.60% 52 E10 is ₹0.13 as of Mar. 2026. GuruFocus rates NSE:TEJASNET with a GF Score™ of 52/100 and a GF Value™ of ₹357.49 (Significantly Overvalued). The stock has 11 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.

Tejas Networks's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-11.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tejas Networks's average E10 Growth Rate was -97.70% 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 (2026-06-25), Tejas Networks's current stock price is ₹624.00. Tejas Networks's E10 for the quarter that ended in Mar. 2026 was ₹0.13. Tejas Networks's Shiller PE Ratio of today is 4,800.00.

During the past 13 years, the highest Shiller PE Ratio of Tejas Networks was 4984.48. The lowest was 119.83. And the median was 202.16.


Tejas Networks  (NSE:TEJASNET) 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.

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

Shiller PE Ratio=Share Price/E10
=624.00/0.13
=4,800.00

* 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 Tejas Networks was 4984.48. The lowest was 119.83. And the median was 202.16.


Be Aware

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


Tejas Networks E10 Related Terms


Tejas Networks E10 Historical Data

* Premium members only.

The historical data trend for Tejas Networks'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.

Tejas Networks E10 Chart

Tejas Networks 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 5.67 0.13

Tejas Networks 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 5.67 4.41 2.53 1.34 0.13

NSE:TEJASNET vs CSCO, CIEN, MSI: E10 Comparison

For the Communication Equipment subindustry, Tejas Networks'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.


Tejas Networks Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tejas Networks's Shiller PE Ratio distribution charts can be found below:

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


NSE:TEJASNET
52GF Score
Tejas Networks Ltd NSE:TEJASNET
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tejas Networks 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, Tejas Networks'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)
=-11.9/164.2724*164.2724
=-11.900

Current CPI (Mar. 2026) = 164.2724.

Tejas Networks Quarterly Data

per share eps CPI Adj_EPS
201606 -0.310 105.961 -0.481
201609 2.670 105.961 4.139
201612 1.880 105.196 2.936
201703 9.620 105.196 15.022
201706 2.650 107.109 4.064
201709 2.840 109.021 4.279
201712 3.160 109.404 4.745
201803 3.040 109.786 4.549
201806 4.700 111.317 6.936
201809 3.480 115.142 4.965
201812 3.410 115.142 4.865
201903 3.790 118.202 5.267
201906 0.610 120.880 0.829
201909 -0.470 123.175 -0.627
201912 -12.160 126.235 -15.824
202003 -13.730 124.705 -18.086
202006 -1.060 127.000 -1.371
202009 0.490 130.118 0.619
202012 0.970 130.889 1.217
202103 3.560 131.771 4.438
202106 0.780 134.084 0.956
202109 0.300 135.847 0.363
202112 -2.130 138.161 -2.533
202203 -4.680 138.822 -5.538
202206 -0.450 142.347 -0.519
202209 -0.210 144.661 -0.238
202212 -0.990 145.763 -1.116
202303 -0.810 146.865 -0.906
202306 -1.560 150.280 -1.705
202309 -0.740 151.492 -0.802
202312 -2.640 152.924 -2.836
202403 8.600 153.035 9.232
202406 4.440 155.789 4.682
202409 15.750 157.882 16.387
202412 9.220 158.323 9.566
202503 -4.080 157.552 -4.254
202506 -10.990 159.755 -11.301
202509 -17.380 162.289 -17.592
202512 -11.090 163.281 -11.157
202603 -11.900 164.272 -11.900

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 ₹0.13 mean?
Tejas Networks (NSE:TEJASNET) has a E10 of ₹0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tejas Networks and its competitors.
Is Tejas Networks' E10 too high?
Tejas Networks' current E10 is ₹0.13. Overall, Tejas Networks has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tejas Networks' E10 compare to CSCO and CIEN?
Tejas Networks' E10 of ₹0.13 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Tejas Networks and its competitors. Tejas Networks's current E10 is ₹0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tejas Networks stock overvalued right now?
Based on GuruFocus' analysis, Tejas Networks (NSE:TEJASNET) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹357.49, compared to a current price of ₹624.00 — trading 74.6% above its estimated fair value. The current E10 is ₹0.13. Tejas Networks' overall GF Score™ is 52/100 with 11 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 Tejas Networks (NSE:TEJASNET), the current E10 is ₹0.13 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 Tejas Networks (NSE:TEJASNET) Overvalued in 2026?

Based on GuruFocus' analysis, Tejas Networks stock appears to be overvalued. The current stock price of ₹624.00 is trading 74.6% above its estimated GF Value™ of ₹357.49. GuruFocus considers Tejas Networks to be Significantly Overvalued.

Key valuation signals for NSE:TEJASNET:

  • E10: ₹0.13
  • GF Value™: ₹357.49 vs. price of ₹624.00 (74.6% above fair value)
  • GF Score™: 52/100 with 11 warning signs

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


Tejas Networks Business Description

Other Exchanges 540595:India
Address Hosur Road, Electronic City, Phase 1, J.P. Software Park, Plot No. 25, 5th Floor, Survey No. 13, 14, 17,18, Konnapana Agrahara Village, Begur Hobli, Bengaluru, KA, IND, 560100
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed-line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. It derives a majority of its revenue from India and the rest from International markets.
52GF Score

Get the complete analysis for NSE:TEJASNET

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

₹624.00
Price
₹357.49
GF Value