Raymond (BOM:500330) E10: ₹ (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500330 Raymond Ltd BOM:500330
69 GF Score
Price ₹978.05
GF Value ₹711.85
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Raymond E10?

Raymond BOM:500330 -0.18% 69 E10 is ₹ as of Jun. 2026. GuruFocus rates BOM:500330 with a GF Score™ of 69/100 and a GF Value™ of ₹711.85 (Significantly Overvalued). The stock has 7 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.

Raymond's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹3.154. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, Raymond's average E10 Growth Rate was 4.10% per year. During the past 3 years, the average E10 Growth Rate was 115.00% per year. During the past 5 years, the average E10 Growth Rate was 84.90% 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 Raymond was 115.00% per year. The lowest was 6.20% per year. And the median was 80.15% per year.

As of today (2026-09-21), Raymond's current stock price is ₹978.05. Raymond's E10 for the quarter that ended in Jun. 2026 was . Raymond's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Raymond was 47.91. The lowest was 1.37. And the median was 15.33.


Raymond  (BOM:500330) 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.

During the past 13 years, the highest Shiller P/E Ratio of Raymond was 47.91. The lowest was 1.37. And the median was 15.33.


Be Aware

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


Raymond E10 Related Terms


Raymond E10 Historical Data

* Premium members only.

The historical data trend for Raymond'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.

Raymond E10 Chart

Raymond Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Raymond Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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BOM:500330 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Raymond'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.


Raymond Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Raymond's Shiller PE Ratio distribution charts can be found below:

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


BOM:500330
69GF Score
Raymond Ltd BOM:500330
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond 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, Raymond'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)
=3.154/167.3573*167.3573
=3.154

Current CPI (Jun. 2026) = 167.3573.

Raymond Quarterly Data

per share eps CPI Adj_EPS
201609 4.070 105.961 6.428
201612 -2.580 105.196 -4.105
201703 5.370 105.196 8.543
201706 -1.180 107.109 -1.844
201709 9.770 109.021 14.998
201712 4.700 109.404 7.190
201803 8.650 109.786 13.186
201806 0.003 111.317 0.005
201809 10.246 115.142 14.892
201812 6.119 115.142 8.894
201903 10.999 118.202 15.572
201906 -2.419 120.880 -3.350
201909 13.679 123.175 18.585
201912 31.560 126.235 41.841
202003 -10.546 124.705 -14.152
202006 -36.400 127.000 -47.967
202009 -19.982 130.118 -25.701
202012 3.258 130.889 4.166
202103 8.479 131.771 10.769
202106 -23.509 134.084 -29.343
202109 8.000 135.847 9.856
202112 15.063 138.161 18.246
202203 39.552 138.822 47.682
202206 12.152 142.347 14.287
202209 23.861 144.661 27.604
202212 14.246 145.763 16.356
202303 29.193 146.865 33.267
202306 160.014 150.280 178.197
202309 24.009 151.492 26.523
202312 27.573 152.924 30.175
202403 34.430 153.035 37.652
202406 1,100.160 155.789 1,181.854
202409 9.010 157.882 9.551
202412 10.810 158.323 11.427
202503 19.942 157.552 21.183
202506 799.894 159.755 837.957
202509 1.709 162.289 1.763
202512 0.538 163.281 0.551
202603 0.170 164.272 0.173
202606 3.154 167.357 3.154

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 ₹ mean?
Raymond (BOM:500330) has a E10 of ₹ as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Raymond and its competitors.
Is Raymond's E10 too high?
Raymond's current E10 is ₹. Overall, Raymond has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raymond's E10 compare to GEV and ETN?
Raymond's E10 of ₹ can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Raymond and its competitors. Raymond's current E10 is ₹. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond stock overvalued right now?
Based on GuruFocus' analysis, Raymond (BOM:500330) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹711.85, compared to a current price of ₹978.05 — trading 37.4% above its estimated fair value. The current E10 is ₹. Raymond's overall GF Score™ is 69/100 with 7 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 Raymond (BOM:500330), the current E10 is ₹ 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 Raymond (BOM:500330) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond stock appears to be overvalued. The current stock price of ₹978.05 is trading 37.4% above its estimated GF Value™ of ₹711.85. GuruFocus considers Raymond to be Significantly Overvalued.

Key valuation signals for BOM:500330:

  • E10:
  • GF Value™: ₹711.85 vs. price of ₹978.05 (37.4% above fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the BOM:500330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raymond Business Description

Other Exchanges RAYMOND:India
Address New Hind House, Narottam Morarjee Marg, Ballard Estate, Mumbai, MH, IND, 400 001
Raymond Ltd is an Indian based company. The company's operating segment includes Tools and Hardware, Auto components, Precision, and Others: Job processing and non-scheduled airline operations. The company generates the majority of its revenue from the Precision segment. Geographically, the company generates key revenue from foreign operations.
69GF Score

Get the complete analysis for BOM:500330

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

₹978.05
Price
₹711.85
GF Value