National Standard (India) (BOM:504882) E10: ₹8.16 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:504882 National Standard (India) Ltd BOM:504882
55 GF Score
Price ₹134.90
GF Value ₹3,136.81
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is National Standard (India) E10?

National Standard (India) BOM:504882 +4.98% 55 E10 is ₹8.16 as of Jun. 2026. GuruFocus rates BOM:504882 with a GF Score™ of 55/100 and a GF Value™ of ₹3,136.81 (Possible Value Trap). 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.

National Standard (India)'s adjusted earnings per share data for the three months ended in Jun. 2026 was ₹1.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.16 for the trailing ten years ended in Jun. 2026.

During the past 12 months, National Standard (India)'s average E10 Growth Rate was -35.10% 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 (2026-08-20), National Standard (India)'s current stock price is ₹134.90. National Standard (India)'s E10 for the quarter that ended in Jun. 2026 was ₹8.16. National Standard (India)'s Shiller PE Ratio of today is 16.53.

During the past 13 years, the highest Shiller PE Ratio of National Standard (India) was 387.50. The lowest was 15.74. And the median was 245.33.


National Standard (India)  (BOM:504882) 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.

National Standard (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=134.90/8.16
=16.53

* 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 National Standard (India) was 387.50. The lowest was 15.74. And the median was 245.33.


Be Aware

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


National Standard (India) E10 Related Terms


National Standard (India) E10 Historical Data

* Premium members only.

The historical data trend for National Standard (India)'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.

National Standard (India) E10 Chart

National Standard (India) 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 15.59 13.26 9.42

National Standard (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.58 11.65 10.92 9.42 8.16

National Standard (India) E10 Competitor Comparison

For the Real Estate - Development subindustry, National Standard (India)'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.


National Standard (India) Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, National Standard (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where National Standard (India)'s Shiller PE Ratio falls into.


BOM:504882
55GF Score
National Standard (India) Ltd BOM:504882
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Standard (India) 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, National Standard (India)'s adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.27/167.3573*167.3573
=1.270

Current CPI (Jun. 2026) = 167.3573.

National Standard (India) Quarterly Data

per share eps CPI Adj_EPS
201609 4.420 105.961 6.981
201612 5.610 105.196 8.925
201703 0.840 105.196 1.336
201706 0.590 107.109 0.922
201709 1.750 109.021 2.686
201712 0.810 109.404 1.239
201803 2.310 109.786 3.521
201806 1.340 111.317 2.015
201809 -0.600 115.142 -0.872
201812 0.480 115.142 0.698
201903 1.160 118.202 1.642
201906 -0.300 120.880 -0.415
201909 1.210 123.175 1.644
201912 1.110 126.235 1.472
202003 1.240 124.705 1.664
202006 0.800 127.000 1.054
202009 0.530 130.118 0.682
202012 0.860 130.889 1.100
202103 3.340 131.771 4.242
202106 0.560 134.084 0.699
202109 5.180 135.847 6.382
202112 1.430 138.161 1.732
202203 5.130 138.822 6.184
202206 0.780 142.347 0.917
202209 0.390 144.661 0.451
202212 1.620 145.763 1.860
202303 1.330 146.865 1.516
202306 1.400 150.280 1.559
202309 1.400 151.492 1.547
202312 2.460 152.924 2.692
202403 2.110 153.035 2.307
202406 1.320 155.789 1.418
202409 2.400 157.882 2.544
202412 1.080 158.323 1.142
202503 1.800 157.552 1.912
202506 0.490 159.755 0.513
202509 2.130 162.289 2.197
202512 1.630 163.281 1.671
202603 0.580 164.272 0.591
202606 1.270 167.357 1.270

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 ₹8.16 mean?
National Standard (India) (BOM:504882) has a E10 of ₹8.16 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Standard (India) and its competitors.
Is National Standard (India)'s E10 too high?
National Standard (India)'s current E10 is ₹8.16. Overall, National Standard (India) 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 National Standard (India)'s E10 compare to competitors?
National Standard (India)'s E10 of ₹8.16 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 National Standard (India) and its competitors. National Standard (India)'s current E10 is ₹8.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Standard (India) stock overvalued right now?
Based on GuruFocus' analysis, National Standard (India) (BOM:504882) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,136.81, compared to a current price of ₹134.90 — trading 95.7% below its estimated fair value. The current E10 is ₹8.16. National Standard (India)'s overall GF Score™ is 55/100 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 National Standard (India) (BOM:504882), the current E10 is ₹8.16 as of Jun. 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 National Standard (India) (BOM:504882) Overvalued in 2026?

Based on GuruFocus' analysis, National Standard (India) stock appears to be undervalued. The current stock price of ₹134.90 is trading 95.7% below its estimated GF Value™ of ₹3,136.81. GuruFocus considers National Standard (India) to be Possible Value Trap.

Key valuation signals for BOM:504882:

  • E10: ₹8.16
  • GF Value™: ₹3,136.81 vs. price of ₹134.90 (95.7% below fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the BOM:504882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Standard (India) Business Description

Other Exchanges NATIONSTD:India
Address Senapati Bapat Marg, One Lodha Place, Near Lodha World Towers, Mumbai, MH, IND, 400013
National Standard (India) Ltd is engaged in real estate business activities. The company also involves in the construction of housing and the development of infrastructure for its real estate business. Some of its projects include building large residential complexes across India, which includes Lodha Grandezza, and Wagle Estate.
55GF Score

Get the complete analysis for BOM:504882

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

₹134.90
Price
₹3,136.81
GF Value