UTL Industries (BOM:500426) E10: ₹0.14 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:500426 UTL Industries Ltd BOM:500426
55 GF Score
Price ₹1.50
GF Value ₹7.40
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is UTL Industries E10?

UTL Industries BOM:500426 +3.45% 55 E10 is ₹0.14 as of Mar. 2026. GuruFocus rates BOM:500426 with a GF Score™ of 55/100 and a GF Value™ of ₹7.40 (Possible Value Trap). 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.

UTL Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, UTL Industries's average E10 Growth Rate was 40.00% 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 UTL Industries was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

As of today (2026-08-24), UTL Industries's current stock price is ₹1.50. UTL Industries's E10 for the quarter that ended in Mar. 2026 was ₹0.14. UTL Industries's Shiller PE Ratio of today is 10.71.

During the past 13 years, the highest Shiller PE Ratio of UTL Industries was 115.25. The lowest was 10.21. And the median was 34.38.


UTL Industries  (BOM:500426) 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.

UTL Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.50/0.14
=10.71

* 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 UTL Industries was 115.25. The lowest was 10.21. And the median was 34.38.


Be Aware

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


UTL Industries E10 Related Terms


UTL Industries E10 Historical Data

* Premium members only.

The historical data trend for UTL Industries'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.

UTL Industries E10 Chart

UTL Industries 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 0.05 0.00 0.00 0.10 0.14

UTL Industries 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 0.10 0.12 0.13 0.14 0.14

BOM:500426 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, UTL Industries'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.


UTL Industries Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, UTL Industries's Shiller PE Ratio distribution charts can be found below:

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


BOM:500426
55GF Score
UTL Industries Ltd BOM:500426
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UTL Industries 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, UTL Industries'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)
=-0.01/164.2724*164.2724
=-0.010

Current CPI (Mar. 2026) = 164.2724.

UTL Industries Quarterly Data

per share eps CPI Adj_EPS
201606 -0.069 105.961 -0.107
201609 0.050 105.961 0.078
201612 0.190 105.196 0.297
201703 0.110 105.196 0.172
201706 0.150 107.109 0.230
201709 0.040 109.021 0.060
201712 0.090 109.404 0.135
201803 0.080 109.786 0.120
201806 0.060 111.317 0.089
201809 0.060 115.142 0.086
201812 0.080 115.142 0.114
201903 0.040 118.202 0.056
201906 0.020 120.880 0.027
201909 0.010 123.175 0.013
201912 0.010 126.235 0.013
202003 0.000 124.705 0.000
202006 0.001 127.000 0.001
202009 0.001 130.118 0.001
202012 0.030 130.889 0.038
202103 0.070 131.771 0.087
202106 0.001 134.084 0.001
202109 -0.010 135.847 -0.012
202112 -0.040 138.161 -0.048
202203 -0.020 138.822 -0.024
202206 -0.010 142.347 -0.012
202209 -0.010 144.661 -0.011
202212 -0.010 145.763 -0.011
202303 0.000 146.865 0.000
202306 -0.050 150.280 -0.055
202309 -0.010 151.492 -0.011
202312 -0.010 152.924 -0.011
202403 0.000 153.035 0.000
202406 -0.010 155.789 -0.011
202409 0.000 157.882 0.000
202412 -0.010 158.323 -0.010
202503 -0.010 157.552 -0.010
202506 0.020 159.755 0.021
202509 0.010 162.289 0.010
202512 -0.010 163.281 -0.010
202603 -0.010 164.272 -0.010

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 ₹0.14 mean?
UTL Industries (BOM:500426) has a E10 of ₹0.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on UTL Industries and its competitors.
Is UTL Industries' E10 too high?
UTL Industries' current E10 is ₹0.14. Overall, UTL Industries has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does UTL Industries' E10 compare to PWR and FIX?
UTL Industries' E10 of ₹0.14 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 UTL Industries and its competitors. UTL Industries's current E10 is ₹0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UTL Industries stock overvalued right now?
Based on GuruFocus' analysis, UTL Industries (BOM:500426) is currently considered Possible Value Trap. The stock's GF Value™ is ₹7.40, compared to a current price of ₹1.50 — trading 79.7% below its estimated fair value. The current E10 is ₹0.14. UTL Industries' overall GF Score™ is 55/100 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 UTL Industries (BOM:500426), the current E10 is ₹0.14 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 UTL Industries (BOM:500426) Overvalued in 2026?

Based on GuruFocus' analysis, UTL Industries stock appears to be undervalued. The current stock price of ₹1.50 is trading 79.7% below its estimated GF Value™ of ₹7.40. GuruFocus considers UTL Industries to be Possible Value Trap.

Key valuation signals for BOM:500426:

  • E10: ₹0.14
  • GF Value™: ₹7.40 vs. price of ₹1.50 (79.7% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the BOM:500426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UTL Industries Business Description

Address 1st Floor, K-plex, Near Rhino Circle, Vadodara, GJ, IND, 390007
UTL Industries Ltd is engaged in the business of Construction activities and the supply and management of manpower, solar power distribution, infrastructure and development of Infrastructure and Real estate Projects & SMS services.
55GF Score

Get the complete analysis for BOM:500426

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

₹1.50
Price
₹7.40
GF Value