Permanent Magnets (BOM:504132) E10: ₹18.96 (As of Mar. 2026)

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BOM:504132 Permanent Magnets Ltd BOM:504132
68 GF Score
Price ₹875.25
GF Value ₹1,035.23
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Permanent Magnets E10?

Permanent Magnets BOM:504132 +0.93% 68 E10 is ₹18.96 as of Mar. 2026. GuruFocus rates BOM:504132 with a GF Score™ of 68/100 and a GF Value™ of ₹1,035.23 (Modestly Undervalued). 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.

Permanent Magnets's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹4.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹18.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Permanent Magnets's average E10 Growth Rate was 15.00% 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 Permanent Magnets was 32.70% per year. The lowest was 23.60% per year. And the median was 28.15% per year.

As of today (2026-07-20), Permanent Magnets's current stock price is ₹875.25. Permanent Magnets's E10 for the quarter that ended in Mar. 2026 was ₹18.96. Permanent Magnets's Shiller PE Ratio of today is 46.16.

During the past 13 years, the highest Shiller PE Ratio of Permanent Magnets was 130.86. The lowest was 21.34. And the median was 52.01.


Permanent Magnets  (BOM:504132) 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.

Permanent Magnets's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=875.25/18.96
=46.16

* 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 Permanent Magnets was 130.86. The lowest was 21.34. And the median was 52.01.


Be Aware

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


Permanent Magnets E10 Related Terms


Permanent Magnets E10 Historical Data

* Premium members only.

The historical data trend for Permanent Magnets'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.

Permanent Magnets E10 Chart

Permanent Magnets 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 8.73 0.00 14.11 16.48 18.96

Permanent Magnets 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 16.48 17.48 18.00 18.35 18.96

BOM:504132 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Permanent Magnets'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.


Permanent Magnets Shiller PE Ratio vs Industrial Products Industry

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

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


BOM:504132
68GF Score
Permanent Magnets Ltd BOM:504132
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Permanent Magnets 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, Permanent Magnets'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)
=4.99/164.2724*164.2724
=4.990

Current CPI (Mar. 2026) = 164.2724.

Permanent Magnets Quarterly Data

per share eps CPI Adj_EPS
201606 -0.230 105.961 -0.357
201609 0.420 105.961 0.651
201612 0.560 105.196 0.874
201703 0.627 105.196 0.979
201706 0.210 107.109 0.322
201709 0.570 109.021 0.859
201712 2.070 109.404 3.108
201803 3.419 109.786 5.116
201806 2.300 111.317 3.394
201809 4.020 115.142 5.735
201812 4.690 115.142 6.691
201903 6.210 118.202 8.630
201906 3.290 120.880 4.471
201909 4.320 123.175 5.761
201912 4.460 126.235 5.804
202003 4.584 124.705 6.038
202006 1.840 127.000 2.380
202009 4.160 130.118 5.252
202012 5.300 130.889 6.652
202103 7.468 131.771 9.310
202106 5.550 134.084 6.800
202109 5.380 135.847 6.506
202112 4.190 138.161 4.982
202203 7.040 138.822 8.331
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 7.890 150.280 8.625
202309 8.230 151.492 8.924
202312 4.470 152.924 4.802
202403 2.900 153.035 3.113
202406 5.860 155.789 6.179
202409 8.250 157.882 8.584
202412 2.370 158.323 2.459
202503 1.810 157.552 1.887
202506 7.170 159.755 7.373
202509 2.760 162.289 2.794
202512 2.620 163.281 2.636
202603 4.990 164.272 4.990

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 ₹18.96 mean?
Permanent Magnets (BOM:504132) has a E10 of ₹18.96 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Permanent Magnets and its competitors.
Is Permanent Magnets' E10 too high?
Permanent Magnets' current E10 is ₹18.96. Overall, Permanent Magnets has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Permanent Magnets' E10 compare to VRT and BE?
Permanent Magnets' E10 of ₹18.96 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 Permanent Magnets and its competitors. Permanent Magnets's current E10 is ₹18.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permanent Magnets stock overvalued right now?
Based on GuruFocus' analysis, Permanent Magnets (BOM:504132) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,035.23, compared to a current price of ₹875.25 — trading 15.5% below its estimated fair value. The current E10 is ₹18.96. Permanent Magnets' overall GF Score™ is 68/100 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 Permanent Magnets (BOM:504132), the current E10 is ₹18.96 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 Permanent Magnets (BOM:504132) Overvalued in 2026?

Based on GuruFocus' analysis, Permanent Magnets stock appears to be undervalued. The current stock price of ₹875.25 is trading 15.5% below its estimated GF Value™ of ₹1,035.23. GuruFocus considers Permanent Magnets to be Modestly Undervalued.

Key valuation signals for BOM:504132:

  • E10: ₹18.96
  • GF Value™: ₹1,035.23 vs. price of ₹875.25 (15.5% below fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the BOM:504132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Permanent Magnets Business Description

Address MIDC Industrial Area, Plot No. B-3, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast alloy magnets, parts, and accessories for electricity and electric vehicle parts in the world. PML also supplies Gas meter parts and accessories. The assembly includes die-cast parts, plastic parts, brass parts, bi-metal parts, stainless steel parts, and special copper alloy and nickel alloy parts. Its products are used in electronics, electricity meters, the automobile industry, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. It operates in a single segment, which is Engineering and Current Sensing applications.
68GF Score

Get the complete analysis for BOM:504132

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

₹875.25
Price
₹1,035.23
GF Value