Bata India (BOM:500043) E10: ₹19.87 (As of Mar. 2026)


BOM:500043 Bata India Ltd BOM:500043
74 GF Score
Price ₹682.75
GF Value ₹1,395.48
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Bata India E10?

Bata India BOM:500043 -0.18% 74 E10 is ₹19.87 as of Mar. 2026. GuruFocus rates BOM:500043 with a GF Score™ of 74/100 and a GF Value™ of ₹1,395.48 (Significantly Undervalued). The stock has 2 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.

Bata India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹19.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bata India's average E10 Growth Rate was -2.20% 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.

As of today (2026-07-01), Bata India's current stock price is ₹682.75. Bata India's E10 for the quarter that ended in Mar. 2026 was ₹19.87. Bata India's Shiller PE Ratio of today is 34.36.

During the past 13 years, the highest Shiller PE Ratio of Bata India was 78.69. The lowest was 31.08. And the median was 59.67.


Bata India  (BOM:500043) 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.

Bata India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=682.75/19.87
=34.36

* 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 Bata India was 78.69. The lowest was 31.08. And the median was 59.67.


Be Aware

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


Bata India E10 Related Terms


Bata India E10 Historical Data

* Premium members only.

The historical data trend for Bata 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.

Bata India E10 Chart

Bata 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 0.00 0.00 0.00 20.32 19.87

Bata 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 20.32 20.46 20.23 20.36 19.87

BOM:500043 vs NKE, DECK, ONON: E10 Comparison

For the Footwear & Accessories subindustry, Bata 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.


Bata India Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bata India's Shiller PE Ratio falls into.


BOM:500043
74GF Score
Bata India Ltd BOM:500043
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bata 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, Bata 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)
=0.17/164.2724*164.2724
=0.170

Current CPI (Mar. 2026) = 164.2724.

Bata India Quarterly Data

per share eps CPI Adj_EPS
201012 0.000 70.768 0.000
201112 0.000 75.359 0.000
201212 0.000 83.774 0.000
201312 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 6.410 111.317 9.459
201809 4.270 115.142 6.092
201812 8.020 115.142 11.442
201903 6.820 118.202 9.478
201906 7.860 120.880 10.682
201909 5.550 123.175 7.402
201912 9.200 126.235 11.972
202003 2.980 124.705 3.926
202006 -7.850 127.000 -10.154
202009 -3.450 130.118 -4.356
202012 2.060 130.889 2.585
202103 2.290 131.771 2.855
202106 -5.410 134.084 -6.628
202109 2.890 135.847 3.495
202112 5.630 138.161 6.694
202203 4.900 138.822 5.798
202206 9.290 142.347 10.721
202209 4.270 144.661 4.849
202212 6.470 145.763 7.292
202303 5.100 146.865 5.705
202306 8.320 150.280 9.095
202309 2.610 151.492 2.830
202312 4.510 152.924 4.845
202403 4.950 153.035 5.313
202406 13.540 155.789 14.277
202409 4.040 157.882 4.204
202412 4.570 158.323 4.742
202503 3.570 157.552 3.722
202506 4.050 159.755 4.165
202509 1.080 162.289 1.093
202512 5.140 163.281 5.171
202603 0.170 164.272 0.170

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 ₹19.87 mean?
Bata India (BOM:500043) has a E10 of ₹19.87 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bata India and its competitors.
Is Bata India's E10 too high?
Bata India's current E10 is ₹19.87. Overall, Bata India has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata India's E10 compare to NKE and DECK?
Bata India's E10 of ₹19.87 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Bata India and its competitors. Bata India's current E10 is ₹19.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata India stock overvalued right now?
Based on GuruFocus' analysis, Bata India (BOM:500043) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,395.48, compared to a current price of ₹682.75 — trading 51.1% below its estimated fair value. The current E10 is ₹19.87. Bata India's overall GF Score™ is 74/100 with 2 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 Bata India (BOM:500043), the current E10 is ₹19.87 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 Bata India (BOM:500043) Overvalued in 2026?

Based on GuruFocus' analysis, Bata India stock appears to be undervalued. The current stock price of ₹682.75 is trading 51.1% below its estimated GF Value™ of ₹1,395.48. GuruFocus considers Bata India to be Significantly Undervalued.

Key valuation signals for BOM:500043:

  • E10: ₹19.87
  • GF Value™: ₹1,395.48 vs. price of ₹682.75 (51.1% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the BOM:500043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bata India Business Description

Other Exchanges BATAINDIA:India
Address 418/02, M.G. Road, Sector - 17, Bata House, Opposite MDI, Gurgaon, HR, IND, 122001
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable segment which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its retail stores and e-commerce channels. Bata generates all its sales in India, mostly from footwear.
74GF Score

Get the complete analysis for BOM:500043

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

₹682.75
Price
₹1,395.48
GF Value