Hind Rectifiers (BOM:504036) E10: ₹4.08 (As of Mar. 2026)

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BOM:504036 Hind Rectifiers Ltd BOM:504036
66 GF Score
Price ₹1,310.05
GF Value ₹829.81
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hind Rectifiers E10?

Hind Rectifiers BOM:504036 +4.73% 66 E10 is ₹4.08 as of Mar. 2026. GuruFocus rates BOM:504036 with a GF Score™ of 66/100 and a GF Value™ of ₹829.81 (Significantly Overvalued). 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.

Hind Rectifiers's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hind Rectifiers's average E10 Growth Rate was 60.60% per year. During the past 3 years, the average E10 Growth Rate was 92.70% per year. During the past 5 years, the average E10 Growth Rate was 31.20% 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 Hind Rectifiers was 92.70% per year. The lowest was 4.40% per year. And the median was 26.00% per year.

As of today (2026-07-22), Hind Rectifiers's current stock price is ₹1310.05. Hind Rectifiers's E10 for the quarter that ended in Mar. 2026 was ₹4.08. Hind Rectifiers's Shiller PE Ratio of today is 321.09.

During the past 13 years, the highest Shiller PE Ratio of Hind Rectifiers was 373.34. The lowest was 56.23. And the median was 176.77.


Hind Rectifiers  (BOM:504036) 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.

Hind Rectifiers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1310.05/4.08
=321.09

* 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 Hind Rectifiers was 373.34. The lowest was 56.23. And the median was 176.77.


Be Aware

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


Hind Rectifiers E10 Related Terms


Hind Rectifiers E10 Historical Data

* Premium members only.

The historical data trend for Hind Rectifiers'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.

Hind Rectifiers E10 Chart

Hind Rectifiers 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 1.27 0.57 1.23 2.54 4.08

Hind Rectifiers 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 2.54 3.09 3.67 4.09 4.08

BOM:504036 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Hind Rectifiers'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.


Hind Rectifiers Shiller PE Ratio vs Industrial Products Industry

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

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


BOM:504036
66GF Score
Hind Rectifiers Ltd BOM:504036
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hind Rectifiers 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, Hind Rectifiers'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)
=1.51/164.2724*164.2724
=1.510

Current CPI (Mar. 2026) = 164.2724.

Hind Rectifiers Quarterly Data

per share eps CPI Adj_EPS
201606 -0.349 105.961 -0.541
201609 -0.295 105.961 -0.457
201612 -0.320 105.196 -0.500
201703 -1.330 105.196 -2.077
201706 -0.595 107.109 -0.913
201709 -0.280 109.021 -0.422
201712 0.199 109.404 0.299
201803 1.075 109.786 1.609
201806 0.410 111.317 0.605
201809 0.710 115.142 1.013
201812 0.952 115.142 1.358
201903 1.498 118.202 2.082
201906 1.570 120.880 2.134
201909 2.275 123.175 3.034
201912 1.120 126.235 1.457
202003 0.625 124.705 0.823
202006 0.110 127.000 0.142
202009 0.865 130.118 1.092
202012 0.375 130.889 0.471
202103 0.260 131.771 0.324
202106 0.465 134.084 0.570
202109 1.010 135.847 1.221
202112 0.395 138.161 0.470
202203 0.470 138.822 0.556
202206 -0.685 142.347 -0.791
202209 -1.225 144.661 -1.391
202212 0.725 145.763 0.817
202303 -0.740 146.865 -0.828
202306 0.550 150.280 0.601
202309 1.155 151.492 1.252
202312 0.440 152.924 0.473
202403 1.490 153.035 1.599
202406 2.015 155.789 2.125
202409 2.965 157.882 3.085
202412 2.915 158.323 3.025
202503 2.910 157.552 3.034
202506 3.710 159.755 3.815
202509 4.285 162.289 4.337
202512 3.780 163.281 3.803
202603 1.510 164.272 1.510

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 ₹4.08 mean?
Hind Rectifiers (BOM:504036) has a E10 of ₹4.08 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hind Rectifiers and its competitors.
Is Hind Rectifiers' E10 too high?
Hind Rectifiers' current E10 is ₹4.08. Overall, Hind Rectifiers has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hind Rectifiers' E10 compare to VRT and BE?
Hind Rectifiers' E10 of ₹4.08 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 Hind Rectifiers and its competitors. Hind Rectifiers's current E10 is ₹4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hind Rectifiers stock overvalued right now?
Based on GuruFocus' analysis, Hind Rectifiers (BOM:504036) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹829.81, compared to a current price of ₹1,310.05 — trading 57.9% above its estimated fair value. The current E10 is ₹4.08. Hind Rectifiers' overall GF Score™ is 66/100 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 Hind Rectifiers (BOM:504036), the current E10 is ₹4.08 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 Hind Rectifiers (BOM:504036) Overvalued in 2026?

Based on GuruFocus' analysis, Hind Rectifiers stock appears to be overvalued. The current stock price of ₹1,310.05 is trading 57.9% above its estimated GF Value™ of ₹829.81. GuruFocus considers Hind Rectifiers to be Significantly Overvalued.

Key valuation signals for BOM:504036:

  • E10: ₹4.08
  • GF Value™: ₹829.81 vs. price of ₹1,310.05 (57.9% above fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the BOM:504036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hind Rectifiers Business Description

Other Exchanges HIRECT:India
Address Lake Road, Bhandup (West), Mumbai, MH, IND, 400078
Hind Rectifiers Ltd is engaged in developing, designing, manufacturing, and marketing power semiconductors, power electronic equipment, and railway transportation equipment. Its products include High Voltage, Cathodic Protection - TRU, Power Diodes, Rectifiers, Transformers, Converters, motors, panels, HVAC, power supplies, & battery chargers, for railway and general industries like power-plant, steel, cement, etc.
66GF Score

Get the complete analysis for BOM:504036

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

₹1,310.05
Price
₹829.81
GF Value