Hindustan Petroleum (BOM:500104) E10: ₹32.21 (As of Jun. 2026)

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BOM:500104 Hindustan Petroleum Corp Ltd BOM:500104
67 GF Score
Price ₹393.20
GF Value ₹414.06
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Hindustan Petroleum E10?

Hindustan Petroleum BOM:500104 +0.05% 67 E10 is ₹32.21 as of Jun. 2026. GuruFocus rates BOM:500104 with a GF Score™ of 67/100 and a GF Value™ of ₹414.06 (Fairly Valued). 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.

Hindustan Petroleum's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹-57.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹32.21 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hindustan Petroleum's average E10 Growth Rate was -5.40% 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 (2026-08-05), Hindustan Petroleum's current stock price is ₹393.20. Hindustan Petroleum's E10 for the quarter that ended in Jun. 2026 was ₹32.21. Hindustan Petroleum's Shiller PE Ratio of today is 12.21.

During the past 13 years, the highest Shiller PE Ratio of Hindustan Petroleum was 14.25. The lowest was 8.16. And the median was 12.15.


Hindustan Petroleum  (BOM:500104) 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.

Hindustan Petroleum's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=393.20/32.21
=12.21

* 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 Hindustan Petroleum was 14.25. The lowest was 8.16. And the median was 12.15.


Be Aware

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


Hindustan Petroleum E10 Related Terms


Hindustan Petroleum E10 Historical Data

* Premium members only.

The historical data trend for Hindustan Petroleum'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.

Hindustan Petroleum E10 Chart

Hindustan Petroleum 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 32.04 39.94

Hindustan Petroleum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 34.04 35.83 37.34 39.94 32.21

BOM:500104 vs MPC, VLO, PSX: E10 Comparison

For the Oil & Gas Refining & Marketing subindustry, Hindustan Petroleum'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.


Hindustan Petroleum Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hindustan Petroleum's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hindustan Petroleum's Shiller PE Ratio falls into.


BOM:500104
67GF Score
Hindustan Petroleum Corp Ltd BOM:500104
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindustan Petroleum 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, Hindustan Petroleum's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-57.64/166.1454*166.1454
=-57.640

Current CPI (Jun. 2026) = 166.1454.

Hindustan Petroleum Quarterly Data

per share eps CPI Adj_EPS
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 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
201801 0.000 110.169 0.000
201806 8.700 111.317 12.985
201809 4.280 115.142 6.176
201812 1.680 115.142 2.424
201903 14.613 118.202 20.540
201906 3.840 120.880 5.278
201909 3.333 123.175 4.496
201912 4.493 126.235 5.913
202003 -0.120 124.705 -0.160
202006 9.853 127.000 12.890
202009 13.020 130.118 16.625
202012 10.420 130.889 13.227
202103 13.747 131.771 17.333
202106 9.373 134.084 11.614
202109 9.020 135.847 11.032
202112 6.360 138.161 7.648
202203 9.487 138.822 11.354
202206 -40.213 142.347 -46.936
202209 -11.640 144.661 -13.369
202212 2.093 145.763 2.386
202303 16.953 146.865 19.179
202306 31.800 150.280 35.157
202309 27.380 151.492 30.028
202312 3.350 152.924 3.640
202403 12.730 153.035 13.821
202406 2.980 155.789 3.178
202409 0.670 157.882 0.705
202412 11.950 158.323 12.540
202503 16.060 157.552 16.936
202506 19.320 159.755 20.093
202509 18.140 162.289 18.571
202512 18.850 163.281 19.181
202603 28.500 164.272 28.825
202606 -57.640 166.145 -57.640

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 ₹32.21 mean?
Hindustan Petroleum (BOM:500104) has a E10 of ₹32.21 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hindustan Petroleum and its competitors.
Is Hindustan Petroleum's E10 too high?
Hindustan Petroleum's current E10 is ₹32.21. Overall, Hindustan Petroleum has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Petroleum's E10 compare to MPC and VLO?
Hindustan Petroleum's E10 of ₹32.21 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Hindustan Petroleum and its competitors. Hindustan Petroleum's current E10 is ₹32.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Petroleum (BOM:500104) is currently considered Fairly Valued. The stock's GF Value™ is ₹414.06, compared to a current price of ₹393.20 — trading 5% below its estimated fair value. The current E10 is ₹32.21. Hindustan Petroleum's overall GF Score™ is 67/100 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 Hindustan Petroleum (BOM:500104), the current E10 is ₹32.21 as of Jun. 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 Hindustan Petroleum (BOM:500104) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Petroleum stock appears to be undervalued. The current stock price of ₹393.20 is trading 5% below its estimated GF Value™ of ₹414.06. GuruFocus considers Hindustan Petroleum to be Fairly Valued.

Key valuation signals for BOM:500104:

  • E10: ₹32.21
  • GF Value™: ₹414.06 vs. price of ₹393.20 (5% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the BOM:500104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindustan Petroleum Business Description

Industry EnergyOil & Gas
Other Exchanges HINDPETRO:India
Address 17, Jamshedji Tata Road, Post Box No. 11041, Petroleum House, Churchgate, Mumbai, MH, IND, 400 020
Hindustan Petroleum Corp Ltd. (HPCL) is an Indian government enterprise that refines crude oil and manufactures petroleum-based products. The company operates a diverse group of refineries that process several grades of lubes, specialties, and greases along with a variety of petroleum products. HPCL also controls an extensive network of pipelines in India that transport a variety of hydrocarbon-based products. In tandem with its host of pipelines, marketing and distribution efforts are carried out through a group of terminals, service stations, bottling plants, marketing offices, and other facilities. Hindustan's products are sold throughout India. The business is divided into downstream and other operations, with downstream activities generating the maximum revenue.
67GF Score

Get the complete analysis for BOM:500104

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

₹393.20
Price
₹414.06
GF Value