Emaar the Economic City JSC (SAU:4220) E10: ﷼-1.08 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

SAU:4220 Emaar the Economic City JSC SAU:4220
59 GF Score
Price ﷼9.75
GF Value ﷼22.65
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Emaar the Economic City JSC E10?

Emaar the Economic City JSC SAU:4220 -0.71% 59 E10 is ﷼-1.08 as of Mar. 2026. GuruFocus rates SAU:4220 with a GF Score™ of 59/100 and a GF Value™ of ﷼22.65 (Possible Value Trap). The stock has 6 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.

Emaar the Economic City JSC's adjusted earnings per share data for the three months ended in Mar. 2026 was ﷼-0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ﷼-1.08 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -28.90% per year. During the past 5 years, the average E10 Growth Rate was -98.80% 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 Emaar the Economic City JSC was -28.90% per year. The lowest was -201.80% per year. And the median was -58.20% per year.

As of today (2026-07-27), Emaar the Economic City JSC's current stock price is ﷼9.75. Emaar the Economic City JSC's E10 for the quarter that ended in Mar. 2026 was ﷼-1.08. Emaar the Economic City JSC's Shiller PE Ratio of today is .


Emaar the Economic City JSC  (SAU:4220) 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.


Be Aware

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


Emaar the Economic City JSC E10 Related Terms


Emaar the Economic City JSC E10 Historical Data

* Premium members only.

The historical data trend for Emaar the Economic City JSC'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.

Emaar the Economic City JSC E10 Chart

Emaar the Economic City JSC 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 -0.23 -0.49 -0.55 -0.91 -1.05

Emaar the Economic City JSC 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 -0.98 -1.01 -1.05 -1.05 -1.08

Emaar the Economic City JSC E10 Competitor Comparison

For the Real Estate - Development subindustry, Emaar the Economic City JSC'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.


Emaar the Economic City JSC Shiller PE Ratio vs Real Estate Industry

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

* The bar in red indicates where Emaar the Economic City JSC's Shiller PE Ratio falls into.


SAU:4220
59GF Score
Emaar the Economic City JSC SAU:4220
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emaar the Economic City JSC 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, Emaar the Economic City JSC'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)
=-0.2/330.2130*330.2130
=-0.200

Current CPI (Mar. 2026) = 330.2130.

Emaar the Economic City JSC Quarterly Data

per share eps CPI Adj_EPS
201606 0.606 241.018 0.830
201609 0.173 241.428 0.237
201612 1.081 241.432 1.479
201703 -0.043 243.801 -0.058
201706 0.087 244.955 0.117
201709 0.065 246.819 0.087
201712 0.498 246.524 0.667
201803 0.006 249.554 0.008
201806 -0.130 251.989 -0.170
201809 -0.390 252.439 -0.510
201812 0.152 251.233 0.200
201903 0.019 254.202 0.025
201906 -0.282 256.143 -0.364
201909 -0.541 256.759 -0.696
201912 -0.563 256.974 -0.723
202003 -0.715 258.115 -0.915
202006 -0.520 257.797 -0.666
202009 -0.477 260.280 -0.605
202012 -1.473 260.474 -1.867
202103 -0.498 264.877 -0.621
202106 -0.455 271.696 -0.553
202109 -0.433 274.310 -0.521
202112 -0.557 278.802 -0.660
202203 -0.325 287.504 -0.373
202206 -0.477 296.311 -0.532
202209 -0.433 296.808 -0.482
202212 -0.975 296.797 -1.085
202303 -0.325 301.836 -0.356
202306 0.173 305.109 0.187
202309 0.043 307.789 0.046
202312 -0.397 306.746 -0.427
202403 -0.670 312.332 -0.708
202406 -0.650 314.175 -0.683
202409 -0.880 315.301 -0.922
202412 0.030 315.605 0.031
202503 -0.240 319.799 -0.248
202506 -0.080 322.561 -0.082
202509 -0.260 324.800 -0.264
202512 0.560 324.054 0.571
202603 -0.200 330.213 -0.200

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 ﷼-1.08 mean?
Emaar the Economic City JSC (SAU:4220) has a E10 of ﷼-1.08 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Emaar the Economic City JSC and its competitors.
Is Emaar the Economic City JSC's E10 too high?
Emaar the Economic City JSC's current E10 is ﷼-1.08. Overall, Emaar the Economic City JSC has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emaar the Economic City JSC's E10 compare to competitors?
Emaar the Economic City JSC's E10 of ﷼-1.08 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 Emaar the Economic City JSC and its competitors. Emaar the Economic City JSC's current E10 is ﷼-1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar the Economic City JSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar the Economic City JSC (SAU:4220) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼22.65, compared to a current price of ﷼9.75 — trading 57% below its estimated fair value. The current E10 is ﷼-1.08. Emaar the Economic City JSC's overall GF Score™ is 59/100 with 6 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 Emaar the Economic City JSC (SAU:4220), the current E10 is ﷼-1.08 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 Emaar the Economic City JSC (SAU:4220) Overvalued in 2026?

Based on GuruFocus' analysis, Emaar the Economic City JSC stock appears to be undervalued. The current stock price of ﷼9.75 is trading 57% below its estimated GF Value™ of ﷼22.65. GuruFocus considers Emaar the Economic City JSC to be Possible Value Trap.

Key valuation signals for SAU:4220:

  • E10: ﷼-1.08
  • GF Value™: ﷼22.65 vs. price of ﷼9.75 (57% below fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the SAU:4220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emaar the Economic City JSC Business Description

Address BayLaSun - Juman street, king Abdullah Economic City, unit 1, Rabigh, SAU, 23964
Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties. The company's reportable segments includes Residential business, Industrial development, Hospitality and leisure, Education services, and City operations. Key revenue is derived from its Residential business segment which includes revenue from sale/lease rental income of land and units for residential purposes.
59GF Score

Get the complete analysis for SAU:4220

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

﷼9.75
Price
﷼22.65
GF Value