Almarai Co (SAU:2280) E10: ﷼2.45 (As of Mar. 2026)


SAU:2280 Almarai Co SAU:2280
91 GF Score
Price ﷼45.48
GF Value ﷼62.42
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Almarai Co E10?

Almarai Co SAU:2280 +1.52% 91 E10 is ﷼2.45 as of Mar. 2026. GuruFocus rates SAU:2280 with a GF Score™ of 91/100 and a GF Value™ of ﷼62.42 (Modestly Undervalued). The stock has 5 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.

Almarai Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ﷼0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ﷼2.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Almarai Co's average E10 Growth Rate was 2.90% per year. During the past 3 years, the average E10 Growth Rate was 3.30% per year. During the past 5 years, the average E10 Growth Rate was 4.20% 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 Almarai Co was 4.80% per year. The lowest was 3.30% per year. And the median was 4.60% per year.

As of today (2026-07-01), Almarai Co's current stock price is ﷼45.48. Almarai Co's E10 for the quarter that ended in Mar. 2026 was ﷼2.45. Almarai Co's Shiller PE Ratio of today is 18.56.

During the past 13 years, the highest Shiller PE Ratio of Almarai Co was 32.35. The lowest was 16.78. And the median was 24.80.


Almarai Co  (SAU:2280) 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.

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

Shiller PE Ratio=Share Price/E10
=45.48/2.45
=18.56

* 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 Almarai Co was 32.35. The lowest was 16.78. And the median was 24.80.


Be Aware

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


Almarai Co E10 Related Terms


Almarai Co E10 Historical Data

* Premium members only.

The historical data trend for Almarai 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.

Almarai Co E10 Chart

Almarai 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 2.03 2.15 2.23 2.32 2.37

Almarai 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 2.38 2.39 2.39 2.37 2.45

SAU:2280 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Almarai 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.


Almarai Co Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Almarai Co's Shiller PE Ratio distribution charts can be found below:

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


SAU:2280
91GF Score
Almarai Co SAU:2280
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almarai 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, Almarai 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)
=0.73/330.2130*330.2130
=0.730

Current CPI (Mar. 2026) = 330.2130.

Almarai Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.640 241.018 0.877
201609 0.648 241.428 0.886
201612 0.512 241.432 0.700
201703 0.310 243.801 0.420
201706 0.660 244.955 0.890
201709 0.650 246.819 0.870
201712 0.490 246.524 0.656
201803 0.330 249.554 0.437
201806 0.640 251.989 0.839
201809 0.620 252.439 0.811
201812 0.370 251.233 0.486
201903 0.340 254.202 0.442
201906 0.580 256.143 0.748
201909 0.580 256.759 0.746
201912 0.310 256.974 0.398
202003 0.380 258.115 0.486
202006 0.640 257.797 0.820
202009 0.620 260.280 0.787
202012 0.330 260.474 0.418
202103 0.390 264.877 0.486
202106 0.480 271.696 0.583
202109 0.410 274.310 0.494
202112 0.280 278.802 0.332
202203 0.420 287.504 0.482
202206 0.520 296.311 0.579
202209 0.460 296.808 0.512
202212 0.360 296.797 0.401
202303 0.640 301.836 0.700
202306 0.560 305.109 0.606
202309 0.490 307.789 0.526
202312 0.370 306.746 0.398
202403 0.690 312.332 0.730
202406 0.620 314.175 0.652
202409 0.570 315.301 0.597
202412 0.430 315.605 0.450
202503 0.730 319.799 0.754
202506 0.650 322.561 0.665
202509 0.610 324.800 0.620
202512 0.470 324.054 0.479
202603 0.730 330.213 0.730

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 ﷼2.45 mean?
Almarai Co (SAU:2280) has a E10 of ﷼2.45 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Almarai Co and its competitors.
Is Almarai Co's E10 too high?
Almarai Co's current E10 is ﷼2.45. Overall, Almarai Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Almarai Co's E10 compare to KHC and GIS?
Almarai Co's E10 of ﷼2.45 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Almarai Co and its competitors. Almarai Co's current E10 is ﷼2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almarai Co stock overvalued right now?
Based on GuruFocus' analysis, Almarai Co (SAU:2280) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼62.42, compared to a current price of ﷼45.48 — trading 27.1% below its estimated fair value. The current E10 is ﷼2.45. Almarai Co's overall GF Score™ is 91/100 with 5 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 Almarai Co (SAU:2280), the current E10 is ﷼2.45 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 Almarai Co (SAU:2280) Overvalued in 2026?

Based on GuruFocus' analysis, Almarai Co stock appears to be undervalued. The current stock price of ﷼45.48 is trading 27.1% below its estimated GF Value™ of ﷼62.42. GuruFocus considers Almarai Co to be Modestly Undervalued.

Key valuation signals for SAU:2280:

  • E10: ﷼2.45
  • GF Value™: ﷼62.42 vs. price of ﷼45.48 (27.1% below fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the SAU:2280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Almarai Co Business Description

Address Exit 7, North Ring Road, Al Izdihar District, P.O. Box 8524, Riyadh, SAU, 11492
Almarai Co is a manufacturer and distributor of quality food and beverages. Its product portfolio includes dairy products, juices, bakery items, poultry, and infant formula under the brands Almarai, Joosy Life, Beyti, Teeba, L'usine, 7days, Alyoum, and AlBashayer. Its segments include Dairy and Juice, covering milk, dairy, fruit juice, ice cream processing, and distribution; Bakery, covering the manufacturing and distribution of bakery products; Poultry, covering poultry products; and Other Activities, including arable farming, horticulture, infant nutrition, seafood, value-added meat products, and water. The majority of the revenue is derived from the Dairy and Juice segment, with the maximum revenue generated from Saudi Arabia.
91GF Score

Get the complete analysis for SAU:2280

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

﷼45.48
Price
﷼62.42
GF Value