Elcid Investments (BOM:503681) E10: ₹5,915.35 (As of Mar. 2026)


BOM:503681 Elcid Investments Ltd BOM:503681
34 GF Score
Price ₹112,512.90
GF Value ₹107,687.04
Valuation Fairly Valued
! 4 Warning Signs
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What is Elcid Investments E10?

Elcid Investments BOM:503681 -0.43% 34 E10 is ₹5,915.35 as of Mar. 2026. GuruFocus rates BOM:503681 with a GF Score™ of 34/100 and a GF Value™ of ₹107,687.04 (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.

Elcid Investments's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-2,061.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5,915.35 for the trailing ten years ended in Mar. 2026.

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 (2026-07-12), Elcid Investments's current stock price is ₹112512.90. Elcid Investments's E10 for the quarter that ended in Mar. 2026 was ₹5,915.35. Elcid Investments's Shiller PE Ratio of today is 19.02.

During the past 13 years, the highest Shiller PE Ratio of Elcid Investments was 22.80. The lowest was 14.44. And the median was 19.93.


Elcid Investments  (BOM:503681) 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.

Elcid Investments's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=112512.90/5915.35
=19.02

* 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 Elcid Investments was 22.80. The lowest was 14.44. And the median was 19.93.


Be Aware

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


Elcid Investments E10 Related Terms


Elcid Investments E10 Historical Data

* Premium members only.

The historical data trend for Elcid Investments'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.

Elcid Investments E10 Chart

Elcid Investments 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 0.00 5,915.35

Elcid Investments 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 0.00 0.00 6,191.08 6,333.65 5,915.35

BOM:503681 vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Elcid Investments'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.


Elcid Investments Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Elcid Investments's Shiller PE Ratio distribution charts can be found below:

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


BOM:503681
34GF Score
Elcid Investments Ltd BOM:503681
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elcid Investments 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, Elcid Investments'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)
=-2061.05/164.2724*164.2724
=-2,061.050

Current CPI (Mar. 2026) = 164.2724.

Elcid Investments Quarterly Data

per share eps CPI Adj_EPS
201103 0.000 70.768 0.000
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
201803 0.000 109.786 0.000
201806 1,410.900 111.317 2,082.099
201809 -123.110 115.142 -175.640
201812 975.840 115.142 1,392.226
201903 461.940 118.202 641.985
201906 1,732.770 120.880 2,354.788
201909 212.440 123.175 283.321
201912 1,008.750 126.235 1,312.706
202003 705.050 124.705 928.753
202006 787.880 127.000 1,019.107
202009 1,221.090 130.118 1,541.613
202012 1,839.490 130.889 2,308.652
202103 204.010 131.771 254.330
202106 3,271.980 134.084 4,008.645
202109 791.260 135.847 956.828
202112 835.940 138.161 993.929
202203 102.750 138.822 121.587
202206 1,578.700 142.347 1,821.859
202209 1,114.880 144.661 1,266.021
202212 957.980 145.763 1,079.629
202303 -18.410 146.865 -20.592
202306 4,870.240 150.280 5,323.699
202309 778.200 151.492 843.852
202312 2,311.060 152.924 2,482.558
202403 827.170 153.035 887.912
202406 6,797.340 155.789 7,167.490
202409 2,173.710 157.882 2,261.690
202412 -344.260 158.323 -357.197
202503 -977.010 157.552 -1,018.686
202506 3,531.180 159.755 3,631.027
202509 1,586.970 162.289 1,606.363
202512 2,368.920 163.281 2,383.306
202603 -2,061.050 164.272 -2,061.050

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 ₹5,915.35 mean?
Elcid Investments (BOM:503681) has a E10 of ₹5,915.35 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Elcid Investments and its competitors.
Is Elcid Investments' E10 too high?
Elcid Investments' current E10 is ₹5,915.35. Overall, Elcid Investments has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elcid Investments' E10 compare to BLK and BX?
Elcid Investments' E10 of ₹5,915.35 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Elcid Investments and its competitors. Elcid Investments's current E10 is ₹5,915.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elcid Investments stock overvalued right now?
Based on GuruFocus' analysis, Elcid Investments (BOM:503681) is currently considered Fairly Valued. The stock's GF Value™ is ₹107,687.04, compared to a current price of ₹112,512.90 — trading 4.5% above its estimated fair value. The current E10 is ₹5,915.35. Elcid Investments' overall GF Score™ is 34/100 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 Elcid Investments (BOM:503681), the current E10 is ₹5,915.35 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 Elcid Investments (BOM:503681) Overvalued in 2026?

Based on GuruFocus' analysis, Elcid Investments stock appears to be overvalued. The current stock price of ₹112,512.90 is trading 4.5% above its estimated GF Value™ of ₹107,687.04. GuruFocus considers Elcid Investments to be Fairly Valued.

Key valuation signals for BOM:503681:

  • E10: ₹5,915.35
  • GF Value™: ₹107,687.04 vs. price of ₹112,512.90 (4.5% above fair value)
  • GF Score™: 34/100 with 4 warning signs

No single metric tells the full story. See the BOM:503681 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elcid Investments Business Description

Address Dr. E. Moses Road, 414, Shah Nahar (Worli) Industrial Estate, B Wing, Worli, Mumbai, MH, IND, 400018
Elcid Investments Ltd is an India-based non-banking finance company. The company's business is to make investments in shares, debentures, and mutual funds. It generates revenue from interest, dividends, and profit from the sale of the investment.
34GF Score

Get the complete analysis for BOM:503681

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

₹112,512.90
Price
₹107,687.04
GF Value