Bayan Sulu JSC (XKAZ:BSUL) E10: ₸63.58 (As of Mar. 2026)

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XKAZ:BSUL Bayan Sulu JSC XKAZ:BSUL
57 GF Score
Price ₸439.00
GF Value ₸265.73
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Bayan Sulu JSC E10?

Bayan Sulu JSC XKAZ:BSUL +8.13% 57 E10 is ₸63.58 as of Mar. 2026. GuruFocus rates XKAZ:BSUL with a GF Score™ of 57/100 and a GF Value™ of ₸265.73 (Significantly Overvalued). The stock has 4 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.

Bayan Sulu JSC's adjusted earnings per share data for the three months ended in Mar. 2026 was ₸25.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₸63.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bayan Sulu JSC's average E10 Growth Rate was 6.60% per year. During the past 3 years, the average E10 Growth Rate was 8.90% 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 Bayan Sulu JSC was 15.40% per year. The lowest was 8.90% per year. And the median was 12.15% per year.

As of today (2026-08-23), Bayan Sulu JSC's current stock price is ₸439.00. Bayan Sulu JSC's E10 for the quarter that ended in Mar. 2026 was ₸63.58. Bayan Sulu JSC's Shiller PE Ratio of today is 6.90.

During the past 13 years, the highest Shiller PE Ratio of Bayan Sulu JSC was 9.41. The lowest was 6.37. And the median was 7.78.


Bayan Sulu JSC  (XKAZ:BSUL) 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.

Bayan Sulu JSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=439.00/63.58
=6.90

* 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 Bayan Sulu JSC was 9.41. The lowest was 6.37. And the median was 7.78.


Be Aware

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


Bayan Sulu JSC E10 Related Terms


Bayan Sulu JSC E10 Historical Data

* Premium members only.

The historical data trend for Bayan Sulu 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.

Bayan Sulu JSC E10 Chart

Bayan Sulu 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 38.22 46.91 53.61 58.74 60.52

Bayan Sulu 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 59.64 61.11 56.78 60.52 63.58

XKAZ:BSUL vs MDLZ, HSY, TR: E10 Comparison

For the Confectioners subindustry, Bayan Sulu 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.


Bayan Sulu JSC Shiller PE Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Bayan Sulu JSC's Shiller PE Ratio falls into.


XKAZ:BSUL
57GF Score
Bayan Sulu JSC XKAZ:BSUL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bayan Sulu 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, Bayan Sulu 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)
=25.52/330.2130*330.2130
=25.520

Current CPI (Mar. 2026) = 330.2130.

Bayan Sulu JSC Quarterly Data

per share eps CPI Adj_EPS
201606 11.198 241.018 15.342
201609 14.110 241.428 19.299
201612 4.500 241.432 6.155
201703 5.360 243.801 7.260
201706 34.369 244.955 46.331
201709 22.660 246.819 30.316
201712 -11.835 246.524 -15.853
201803 11.640 249.554 15.402
201806 11.930 251.989 15.633
201809 7.897 252.439 10.330
201812 -2.020 251.233 -2.655
201903 3.010 254.202 3.910
201906 6.350 256.143 8.186
201909 6.296 256.759 8.097
201912 14.469 256.974 18.593
202003 14.190 258.115 18.154
202006 9.960 257.797 12.758
202009 20.593 260.280 26.126
202012 17.968 260.474 22.779
202103 3.440 264.877 4.289
202106 16.820 271.696 20.443
202109 6.310 274.310 7.596
202112 17.357 278.802 20.558
202203 0.270 287.504 0.310
202206 39.740 296.311 44.287
202209 36.360 296.808 40.452
202212 26.449 296.797 29.427
202303 19.630 301.836 21.476
202306 18.400 305.109 19.914
202309 3.750 307.789 4.023
202312 21.079 306.746 22.692
202403 4.490 312.332 4.747
202406 5.590 314.175 5.875
202409 4.541 315.301 4.756
202412 35.046 315.605 36.668
202503 1.970 319.799 2.034
202506 12.917 322.561 13.223
202509 9.190 324.800 9.343
202512 31.404 324.054 32.001
202603 25.520 330.213 25.520

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 ₸63.58 mean?
Bayan Sulu JSC (XKAZ:BSUL) has a E10 of ₸63.58 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bayan Sulu JSC and its competitors.
Is Bayan Sulu JSC's E10 too high?
Bayan Sulu JSC's current E10 is ₸63.58. Overall, Bayan Sulu JSC has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bayan Sulu JSC's E10 compare to MDLZ and HSY?
Bayan Sulu JSC's E10 of ₸63.58 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 Bayan Sulu JSC and its competitors. Bayan Sulu JSC's current E10 is ₸63.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayan Sulu JSC stock overvalued right now?
Based on GuruFocus' analysis, Bayan Sulu JSC (XKAZ:BSUL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₸265.73, compared to a current price of ₸439.00 — trading 65.2% above its estimated fair value. The current E10 is ₸63.58. Bayan Sulu JSC's overall GF Score™ is 57/100 with 4 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 Bayan Sulu JSC (XKAZ:BSUL), the current E10 is ₸63.58 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 Bayan Sulu JSC (XKAZ:BSUL) Overvalued in 2026?

Based on GuruFocus' analysis, Bayan Sulu JSC stock appears to be overvalued. The current stock price of ₸439.00 is trading 65.2% above its estimated GF Value™ of ₸265.73. GuruFocus considers Bayan Sulu JSC to be Significantly Overvalued.

Key valuation signals for XKAZ:BSUL:

  • E10: ₸63.58
  • GF Value™: ₸265.73 vs. price of ₸439.00 (65.2% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Bayan Sulu JSC Business Description

Address 198 Borodin Street, Kostanay, KAZ, 110006
Bayan Sulu JSC is a Kazakhstan-based company mainly engaged in the production, wholesale, and retail sale of confectionery products. Additionally, it also trades in other goods, including flour, wheat, sugar, etc. The company's product offerings include biscuits, chocolates, pastries, waffles, marshmallows, and other confectionery items. It operates in two segments: production and sale of confectionery products, which generate maximum revenue; and the sale of goods purchased from related parties (flour, wheat, etc). Geographically, the company generates maximum revenue from Kazakhstan, followed by Russia, Afghanistan, Tajikistan, Uzbekistan, and other countries.
57GF Score

Get the complete analysis for XKAZ:BSUL

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

₸439.00
Price
₸265.73
GF Value