Bajaj Electricals (BOM:500031) E10: ₹12.54 (As of Mar. 2026)


BOM:500031 Bajaj Electricals Ltd BOM:500031
59 GF Score
Price ₹330.05
GF Value ₹792.42
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Bajaj Electricals E10?

Bajaj Electricals BOM:500031 +3.37% 59 E10 is ₹12.54 as of Mar. 2026. GuruFocus rates BOM:500031 with a GF Score™ of 59/100 and a GF Value™ of ₹792.42 (Significantly Undervalued). 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.

Bajaj Electricals's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-5.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹12.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bajaj Electricals's average E10 Growth Rate was -0.20% per year. During the past 3 years, the average E10 Growth Rate was 6.70% per year. During the past 5 years, the average E10 Growth Rate was 6.90% 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 Bajaj Electricals was 8.20% per year. The lowest was 6.20% per year. And the median was 6.70% per year.

As of today (2026-07-02), Bajaj Electricals's current stock price is ₹330.05. Bajaj Electricals's E10 for the quarter that ended in Mar. 2026 was ₹12.54. Bajaj Electricals's Shiller PE Ratio of today is 26.32.

During the past 13 years, the highest Shiller PE Ratio of Bajaj Electricals was 157.45. The lowest was 24.80. And the median was 95.58.


Bajaj Electricals  (BOM:500031) 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.

Bajaj Electricals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=330.05/12.54
=26.32

* 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 Bajaj Electricals was 157.45. The lowest was 24.80. And the median was 95.58.


Be Aware

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


Bajaj Electricals E10 Related Terms


Bajaj Electricals E10 Historical Data

* Premium members only.

The historical data trend for Bajaj Electricals'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.

Bajaj Electricals E10 Chart

Bajaj Electricals 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 9.92 10.33 10.99 12.56 12.54

Bajaj Electricals 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 12.56 12.66 13.17 13.82 12.54

BOM:500031 vs SN, SGI, MHK: E10 Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bajaj Electricals'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.


Bajaj Electricals Shiller PE Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bajaj Electricals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bajaj Electricals's Shiller PE Ratio falls into.


BOM:500031
59GF Score
Bajaj Electricals Ltd BOM:500031
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bajaj Electricals 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, Bajaj Electricals'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)
=-5.85/164.2724*164.2724
=-5.850

Current CPI (Mar. 2026) = 164.2724.

Bajaj Electricals Quarterly Data

per share eps CPI Adj_EPS
201506 1.961 99.841 3.227
201509 1.083 101.753 1.748
201512 2.829 102.901 4.516
201603 4.536 102.518 7.268
201612 2.897 105.196 4.524
201703 3.161 105.196 4.936
201712 3.522 109.404 5.288
201803 0.683 109.786 1.022
201806 3.815 111.317 5.630
201809 2.881 115.142 4.110
201812 5.843 115.142 8.336
201903 2.356 118.202 3.274
201906 1.320 120.880 1.794
201909 -3.087 123.175 -4.117
201912 0.900 126.235 1.171
202003 0.027 124.705 0.036
202006 -1.460 127.000 -1.888
202009 4.640 130.118 5.858
202012 8.570 130.889 10.756
202103 4.844 131.771 6.039
202106 -1.908 134.084 -2.338
202109 5.430 135.847 6.566
202112 4.180 138.161 4.970
202203 4.220 138.822 4.994
202206 3.570 142.347 4.120
202209 5.380 144.661 6.109
202212 5.300 145.763 5.973
202303 4.500 146.865 5.033
202306 3.220 150.280 3.520
202309 2.360 151.492 2.559
202312 3.240 152.924 3.480
202403 2.550 153.035 2.737
202406 2.440 155.789 2.573
202409 1.120 157.882 1.165
202412 2.890 158.323 2.999
202503 5.110 157.552 5.328
202506 0.080 159.755 0.082
202509 0.850 162.289 0.860
202512 -2.950 163.281 -2.968
202603 -5.850 164.272 -5.850

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 ₹12.54 mean?
Bajaj Electricals (BOM:500031) has a E10 of ₹12.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bajaj Electricals and its competitors.
Is Bajaj Electricals' E10 too high?
Bajaj Electricals' current E10 is ₹12.54. Overall, Bajaj Electricals has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Electricals' E10 compare to SN and SGI?
Bajaj Electricals' E10 of ₹12.54 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good E10 depends on the Furnishings, Fixtures & Appliances 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 Bajaj Electricals and its competitors. Bajaj Electricals's current E10 is ₹12.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Electricals stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Electricals (BOM:500031) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹792.42, compared to a current price of ₹330.05 — trading 58.3% below its estimated fair value. The current E10 is ₹12.54. Bajaj Electricals' overall GF Score™ is 59/100 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 Bajaj Electricals (BOM:500031), the current E10 is ₹12.54 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 Bajaj Electricals (BOM:500031) Overvalued in 2026?

Based on GuruFocus' analysis, Bajaj Electricals stock appears to be undervalued. The current stock price of ₹330.05 is trading 58.3% below its estimated GF Value™ of ₹792.42. GuruFocus considers Bajaj Electricals to be Significantly Undervalued.

Key valuation signals for BOM:500031:

  • E10: ₹12.54
  • GF Value™: ₹792.42 vs. price of ₹330.05 (58.3% below fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the BOM:500031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bajaj Electricals Business Description

Other Exchanges BAJAJELEC:India
Address Senapati Bapat Marg, 27th Floor, One Unity Center, Prabhadevi West, Mumbai, MH, IND, 400013
Bajaj Electricals Ltd is an Indian company that manufactures and sells consumer electrical appliances. The company's operating segment includes Consumer Products and Lighting. The Consumer Products segment, which is the key revenue driver, represents the sale of appliances, fans, and consumer lighting products. The Lighting segment includes professional lighting (B2B) and consumer lighting (B2C). The group has a business presence in India and outside India.
59GF Score

Get the complete analysis for BOM:500031

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

₹330.05
Price
₹792.42
GF Value