Hindustan Motors (BOM:500500) E10: ₹0.81 (As of Mar. 2026)

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BOM:500500 Hindustan Motors Ltd BOM:500500
34 GF Score
Price ₹16.17
! 1 Warning Sign
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What is Hindustan Motors E10?

Hindustan Motors BOM:500500 -1.10% 34 E10 is ₹0.81 as of Mar. 2026. GuruFocus rates BOM:500500 with a GF Score™ of 34/100. 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.

Hindustan Motors's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hindustan Motors's average E10 Growth Rate was 84.10% 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 (2026-07-18), Hindustan Motors's current stock price is ₹16.17. Hindustan Motors's E10 for the quarter that ended in Mar. 2026 was ₹0.81. Hindustan Motors's Shiller PE Ratio of today is 19.96.

During the past 13 years, the highest Shiller PE Ratio of Hindustan Motors was 167.68. The lowest was 19.98. And the median was 58.05.


Hindustan Motors  (BOM:500500) 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 Motors's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.17/0.81
=19.96

* 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 Motors was 167.68. The lowest was 19.98. And the median was 58.05.


Be Aware

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


Hindustan Motors E10 Related Terms


Hindustan Motors E10 Historical Data

* Premium members only.

The historical data trend for Hindustan Motors'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 Motors E10 Chart

Hindustan Motors 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 -0.72 -0.68 -0.07 0.44 0.81

Hindustan Motors 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 0.44 0.56 0.00 0.00 0.81

BOM:500500 vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, Hindustan Motors'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 Motors Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hindustan Motors's Shiller PE Ratio distribution charts can be found below:

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


BOM:500500
34GF Score
Hindustan Motors Ltd BOM:500500
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Motors 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 Motors'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)
=-0.2/164.2724*164.2724
=-0.200

Current CPI (Mar. 2026) = 164.2724.

Hindustan Motors Quarterly Data

per share eps CPI Adj_EPS
201603 -0.390 102.518 -0.625
201609 -0.240 105.961 -0.372
201612 -0.180 105.196 -0.281
201703 -0.180 105.196 -0.281
201706 -0.230 107.109 -0.353
201709 -0.220 109.021 -0.331
201712 3.490 109.404 5.240
201803 -0.330 109.786 -0.494
201806 0.050 111.317 0.074
201809 0.040 115.142 0.057
201812 0.040 115.142 0.057
201903 1.150 118.202 1.598
201906 0.010 120.880 0.014
201909 0.020 123.175 0.027
201912 -0.050 126.235 -0.065
202003 -0.020 124.705 -0.026
202006 -0.010 127.000 -0.013
202009 0.090 130.118 0.114
202012 0.020 130.889 0.025
202103 0.080 131.771 0.100
202106 0.010 134.084 0.012
202109 0.480 135.847 0.580
202112 -0.030 138.161 -0.036
202203 0.430 138.822 0.509
202206 0.050 142.347 0.058
202209 0.050 144.661 0.057
202212 -0.060 145.763 -0.068
202303 0.012 146.865 0.013
202306 -0.050 150.280 -0.055
202309 -0.040 151.492 -0.043
202312 0.540 152.924 0.580
202403 0.770 153.035 0.827
202406 0.390 155.789 0.411
202409 0.230 157.882 0.239
202412 0.160 158.323 0.166
202503 -0.030 157.552 -0.031
202506 0.200 159.755 0.206
202509 0.000 162.289 0.000
202512 0.000 163.281 0.000
202603 -0.200 164.272 -0.200

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 ₹0.81 mean?
Hindustan Motors (BOM:500500) has a E10 of ₹0.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hindustan Motors and its competitors.
Is Hindustan Motors' E10 too high?
Hindustan Motors' current E10 is ₹0.81. Overall, Hindustan Motors has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Hindustan Motors' E10 compare to TSLA and GM?
Hindustan Motors' E10 of ₹0.81 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 Hindustan Motors and its competitors. Hindustan Motors's current E10 is ₹0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Motors stock overvalued right now?
Hindustan Motors (BOM:500500) has a current E10 of ₹0.81. The current E10 is ₹0.81. Hindustan Motors' overall GF Score™ is 34/100 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 Hindustan Motors (BOM:500500), the current E10 is ₹0.81 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.

Hindustan Motors Business Description

Address 9/1, Rajendra Nath Mukherjee Road, Birla Building, 13th Floor, Kolkata, WB, IND, 700 001
Hindustan Motors Ltd is engaged in manufacturing and sale of vehicles, spare parts of vehicles, steel products, and components. The company is also engaged in trading of spare parts of vehicles.
34GF Score

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

₹16.17
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