Banco Products (India) (BOM:500039) E10: ₹17.15 (As of Mar. 2026)


BOM:500039 Banco Products (India) Ltd BOM:500039
74 GF Score
Price ₹672.20
GF Value ₹491.68
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Banco Products (India) E10?

Banco Products (India) BOM:500039 +0.30% 74 E10 is ₹17.15 as of Mar. 2026. GuruFocus rates BOM:500039 with a GF Score™ of 74/100 and a GF Value™ of ₹491.68 (Significantly Overvalued). The stock has 1 warning sign 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.

Banco Products (India)'s adjusted earnings per share data for the three months ended in Mar. 2026 was ₹10.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹17.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Banco Products (India)'s average E10 Growth Rate was 20.90% per year. During the past 3 years, the average E10 Growth Rate was 20.10% per year. During the past 5 years, the average E10 Growth Rate was 17.30% 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 Banco Products (India) was 20.10% per year. The lowest was 12.60% per year. And the median was 18.60% per year.

As of today (2026-07-02), Banco Products (India)'s current stock price is ₹672.20. Banco Products (India)'s E10 for the quarter that ended in Mar. 2026 was ₹17.15. Banco Products (India)'s Shiller PE Ratio of today is 39.20.

During the past 13 years, the highest Shiller PE Ratio of Banco Products (India) was 56.42. The lowest was 5.80. And the median was 21.42.


Banco Products (India)  (BOM:500039) 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.

Banco Products (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=672.20/17.15
=39.20

* 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 Banco Products (India) was 56.42. The lowest was 5.80. And the median was 21.42.


Be Aware

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


Banco Products (India) E10 Related Terms


Banco Products (India) E10 Historical Data

* Premium members only.

The historical data trend for Banco Products (India)'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.

Banco Products (India) E10 Chart

Banco Products (India) 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 8.50 9.89 11.15 14.18 17.15

Banco Products (India) 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 14.18 14.83 15.76 16.28 17.15

BOM:500039 vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Banco Products (India)'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.


Banco Products (India) Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Banco Products (India)'s Shiller PE Ratio falls into.


BOM:500039
74GF Score
Banco Products (India) Ltd BOM:500039
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Products (India) 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, Banco Products (India)'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)
=10.07/164.2724*164.2724
=10.070

Current CPI (Mar. 2026) = 164.2724.

Banco Products (India) Quarterly Data

per share eps CPI Adj_EPS
201606 2.500 105.961 3.876
201609 2.290 105.961 3.550
201612 1.225 105.196 1.913
201703 0.780 105.196 1.218
201706 1.590 107.109 2.439
201709 2.630 109.021 3.963
201712 2.060 109.404 3.093
201803 1.885 109.786 2.821
201806 2.180 111.317 3.217
201809 2.565 115.142 3.659
201812 -0.260 115.142 -0.371
201903 0.340 118.202 0.473
201906 2.090 120.880 2.840
201909 1.110 123.175 1.480
201912 0.930 126.235 1.210
202003 1.220 124.705 1.607
202006 1.230 127.000 1.591
202009 2.865 130.118 3.617
202012 2.575 130.889 3.232
202103 1.285 131.771 1.602
202106 3.210 134.084 3.933
202109 3.440 135.847 4.160
202112 1.195 138.161 1.421
202203 2.810 138.822 3.325
202206 2.420 142.347 2.793
202209 3.615 144.661 4.105
202212 6.865 145.763 7.737
202303 3.570 146.865 3.993
202306 4.810 150.280 5.258
202309 4.620 151.492 5.010
202312 4.780 152.924 5.135
202403 4.760 153.035 5.110
202406 4.800 155.789 5.061
202409 19.390 157.882 20.175
202412 2.160 158.323 2.241
202503 10.730 157.552 11.188
202506 7.660 159.755 7.877
202509 9.710 162.289 9.829
202512 6.000 163.281 6.036
202603 10.070 164.272 10.070

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 ₹17.15 mean?
Banco Products (India) (BOM:500039) has a E10 of ₹17.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Banco Products (India) and its competitors.
Is Banco Products (India)'s E10 too high?
Banco Products (India)'s current E10 is ₹17.15. Overall, Banco Products (India) has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Products (India)'s E10 compare to ORLY and AZO?
Banco Products (India)'s E10 of ₹17.15 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Banco Products (India) and its competitors. Banco Products (India)'s current E10 is ₹17.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Products (India) stock overvalued right now?
Based on GuruFocus' analysis, Banco Products (India) (BOM:500039) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹491.68, compared to a current price of ₹672.20 — trading 36.7% above its estimated fair value. The current E10 is ₹17.15. Banco Products (India)'s overall GF Score™ is 74/100 with 1 warning sign 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 Banco Products (India) (BOM:500039), the current E10 is ₹17.15 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 Banco Products (India) (BOM:500039) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Products (India) stock appears to be overvalued. The current stock price of ₹672.20 is trading 36.7% above its estimated GF Value™ of ₹491.68. GuruFocus considers Banco Products (India) to be Significantly Overvalued.

Key valuation signals for BOM:500039:

  • E10: ₹17.15
  • GF Value™: ₹491.68 vs. price of ₹672.20 (36.7% above fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the BOM:500039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Products (India) Business Description

Other Exchanges BANCOINDIA:India
Address Padra Road, BIL, Near Bhaili Railway Station, District Vadodara, Vadodara, GJ, IND, 391410
Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international markets. The company generates the majority of its revenue within India.
74GF Score

Get the complete analysis for BOM:500039

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

₹672.20
Price
₹491.68
GF Value