Saudi Ceramic Co (SAU:2040) E10: ﷼0.19 (As of Mar. 2026)


SAU:2040 Saudi Ceramic Co SAU:2040
63 GF Score
Price ﷼26.34
GF Value ﷼31.65
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Saudi Ceramic Co E10?

Saudi Ceramic Co SAU:2040 -0.30% 63 E10 is ﷼0.19 as of Mar. 2026. GuruFocus rates SAU:2040 with a GF Score™ of 63/100 and a GF Value™ of ﷼31.65 (Modestly Undervalued). The stock has 7 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.

Saudi Ceramic Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ﷼0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ﷼0.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Saudi Ceramic Co's average E10 Growth Rate was -42.40% per year. During the past 3 years, the average E10 Growth Rate was -46.20% per year. During the past 5 years, the average E10 Growth Rate was -30.30% 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 Saudi Ceramic Co was -10.80% per year. The lowest was -46.20% per year. And the median was -33.70% per year.

As of today (2026-07-04), Saudi Ceramic Co's current stock price is ﷼26.34. Saudi Ceramic Co's E10 for the quarter that ended in Mar. 2026 was ﷼0.19. Saudi Ceramic Co's Shiller PE Ratio of today is 138.63.

During the past 13 years, the highest Shiller PE Ratio of Saudi Ceramic Co was 162.11. The lowest was 15.03. And the median was 32.06.


Saudi Ceramic Co  (SAU:2040) 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.

Saudi Ceramic Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.34/0.19
=138.63

* 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 Saudi Ceramic Co was 162.11. The lowest was 15.03. And the median was 32.06.


Be Aware

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


Saudi Ceramic Co E10 Related Terms


Saudi Ceramic Co E10 Historical Data

* Premium members only.

The historical data trend for Saudi Ceramic Co'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.

Saudi Ceramic Co E10 Chart

Saudi Ceramic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.48 0.88 0.42 0.23

Saudi Ceramic Co 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 0.33 0.34 0.26 0.23 0.19

SAU:2040 vs TT, JCI, CARR: E10 Comparison

For the Building Products & Equipment subindustry, Saudi Ceramic Co'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.


Saudi Ceramic Co Shiller PE Ratio vs Construction Industry

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

* The bar in red indicates where Saudi Ceramic Co's Shiller PE Ratio falls into.


SAU:2040
63GF Score
Saudi Ceramic Co SAU:2040
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saudi Ceramic Co 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, Saudi Ceramic Co'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)
=0.22/330.2130*330.2130
=0.220

Current CPI (Mar. 2026) = 330.2130.

Saudi Ceramic Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.285 241.018 0.390
201609 -0.470 241.428 -0.643
201612 -0.095 241.432 -0.130
201703 0.095 243.801 0.129
201706 -0.060 244.955 -0.081
201709 0.390 246.819 0.522
201712 -1.314 246.524 -1.760
201803 0.498 249.554 0.659
201806 -0.465 251.989 -0.609
201809 -0.144 252.439 -0.188
201812 -0.798 251.233 -1.049
201903 -0.252 254.202 -0.327
201906 -0.162 256.143 -0.209
201909 0.348 256.759 0.448
201912 0.138 256.974 0.177
202003 0.104 258.115 0.133
202006 0.056 257.797 0.072
202009 0.328 260.280 0.416
202012 0.280 260.474 0.355
202103 0.712 264.877 0.888
202106 0.640 271.696 0.778
202109 0.528 274.310 0.636
202112 0.472 278.802 0.559
202203 0.512 287.504 0.588
202206 0.384 296.311 0.428
202209 0.424 296.808 0.472
202212 0.424 296.797 0.472
202303 0.144 301.836 0.158
202306 0.330 305.109 0.357
202309 -1.940 307.789 -2.081
202312 -0.940 306.746 -1.012
202403 0.160 312.332 0.169
202406 -0.100 314.175 -0.105
202409 0.070 315.301 0.073
202412 -0.840 315.605 -0.879
202503 0.210 319.799 0.217
202506 1.130 322.561 1.157
202509 0.070 324.800 0.071
202512 0.400 324.054 0.408
202603 0.220 330.213 0.220

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 ﷼0.19 mean?
Saudi Ceramic Co (SAU:2040) has a E10 of ﷼0.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Saudi Ceramic Co and its competitors.
Is Saudi Ceramic Co's E10 too high?
Saudi Ceramic Co's current E10 is ﷼0.19. Overall, Saudi Ceramic Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saudi Ceramic Co's E10 compare to TT and JCI?
Saudi Ceramic Co's E10 of ﷼0.19 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 Saudi Ceramic Co and its competitors. Saudi Ceramic Co's current E10 is ﷼0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Ceramic Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Ceramic Co (SAU:2040) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼31.65, compared to a current price of ﷼26.34 — trading 16.8% below its estimated fair value. The current E10 is ﷼0.19. Saudi Ceramic Co's overall GF Score™ is 63/100 with 7 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 Saudi Ceramic Co (SAU:2040), the current E10 is ﷼0.19 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 Saudi Ceramic Co (SAU:2040) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Ceramic Co stock appears to be undervalued. The current stock price of ﷼26.34 is trading 16.8% below its estimated GF Value™ of ﷼31.65. GuruFocus considers Saudi Ceramic Co to be Modestly Undervalued.

Key valuation signals for SAU:2040:

  • E10: ﷼0.19
  • GF Value™: ﷼31.65 vs. price of ﷼26.34 (16.8% below fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the SAU:2040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Ceramic Co Business Description

Address King Fahad Road, P.O. Box 3893, Al-Olayya District, Riyadh, SAU, 11481
Saudi Ceramic Co is engaged in the production and sale of ceramic products, water heaters, and related components. The company is also involved in the import of related machinery, equipment, and other accessories. It has three reporting segments: the Ceramic Tiles and Sanitary Ware segment, which generates the maximum revenue and is involved in the manufacturing and distribution of ceramic and porcelain tiles and sanitary ware items; the Water Heaters segment, which is engaged in the manufacturing and distribution of electric water heaters; and the Ceramic Pipes segment, which is involved in the manufacturing and distribution of clay pipes for sanitary ware and sewage networks. The company generates the majority of its revenue from the local market.
63GF Score

Get the complete analysis for SAU:2040

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

﷼26.34
Price
﷼31.65
GF Value