Elecon Engineering Co (BOM:505700) E10: ₹8.12 (As of Jun. 2026)

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BOM:505700 Elecon Engineering Co Ltd BOM:505700
96 GF Score
Price ₹465.70
GF Value ₹647.53
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Elecon Engineering Co E10?

Elecon Engineering Co BOM:505700 +0.88% 96 E10 is ₹8.12 as of Jun. 2026. GuruFocus rates BOM:505700 with a GF Score™ of 96/100 and a GF Value™ of ₹647.53 (Modestly Undervalued). 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.

Elecon Engineering Co's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹3.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.12 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Elecon Engineering Co's average E10 Growth Rate was 15.70% per year. During the past 3 years, the average E10 Growth Rate was 24.00% 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 Elecon Engineering Co was 24.00% per year. The lowest was 24.00% per year. And the median was 24.00% per year.

As of today (2026-07-19), Elecon Engineering Co's current stock price is ₹465.70. Elecon Engineering Co's E10 for the quarter that ended in Jun. 2026 was ₹8.12. Elecon Engineering Co's Shiller PE Ratio of today is 57.35.

During the past 13 years, the highest Shiller PE Ratio of Elecon Engineering Co was 143.08. The lowest was 40.78. And the median was 78.64.


Elecon Engineering Co  (BOM:505700) 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.

Elecon Engineering Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=465.70/8.12
=57.35

* 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 Elecon Engineering Co was 143.08. The lowest was 40.78. And the median was 78.64.


Be Aware

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


Elecon Engineering Co E10 Related Terms


Elecon Engineering Co E10 Historical Data

* Premium members only.

The historical data trend for Elecon Engineering Co'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.

Elecon Engineering Co E10 Chart

Elecon Engineering Co 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 4.04 4.62 6.17 7.70

Elecon Engineering Co 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 7.02 7.47 7.79 7.70 8.12

BOM:505700 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.


Elecon Engineering Co Shiller PE Ratio vs Industrial Products Industry

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

* The bar in red indicates where Elecon Engineering Co's Shiller PE Ratio falls into.


BOM:505700
96GF Score
Elecon Engineering Co Ltd BOM:505700
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elecon Engineering Co 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, Elecon Engineering Co'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)
=3.14/166.1454*166.1454
=3.140

Current CPI (Jun. 2026) = 166.1454.

Elecon Engineering Co Quarterly Data

per share eps CPI Adj_EPS
201609 -0.340 105.961 -0.533
201612 -0.425 105.196 -0.671
201703 1.340 105.196 2.116
201706 -1.615 107.109 -2.505
201709 -0.325 109.021 -0.495
201712 -0.105 109.404 -0.159
201803 2.380 109.786 3.602
201806 0.335 111.317 0.500
201809 2.200 115.142 3.175
201812 0.135 115.142 0.195
201903 0.450 118.202 0.633
201906 0.020 120.880 0.027
201909 0.435 123.175 0.587
201912 0.415 126.235 0.546
202003 3.125 124.705 4.163
202006 -0.920 127.000 -1.204
202009 0.980 130.118 1.251
202012 1.100 130.889 1.396
202103 1.410 131.771 1.778
202106 1.215 134.084 1.506
202109 1.575 135.847 1.926
202112 1.405 138.161 1.690
202203 2.065 138.822 2.471
202206 1.885 142.347 2.200
202209 2.875 144.661 3.302
202212 2.795 145.763 3.186
202303 3.030 146.865 3.428
202306 3.250 150.280 3.593
202309 3.950 151.492 4.332
202312 4.030 152.924 4.378
202403 -3.305 153.035 -3.588
202406 3.270 155.789 3.487
202409 3.910 157.882 4.115
202412 4.790 158.323 5.027
202503 6.530 157.552 6.886
202506 7.820 159.755 8.133
202509 3.910 162.289 4.003
202512 3.210 163.281 3.266
202603 0.270 164.272 0.273
202606 3.140 166.145 3.140

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 ₹8.12 mean?
Elecon Engineering Co (BOM:505700) has a E10 of ₹8.12 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Elecon Engineering Co and its competitors.
Is Elecon Engineering Co's E10 too high?
Elecon Engineering Co's current E10 is ₹8.12. Overall, Elecon Engineering Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's E10 compare to GEV and ETN?
Elecon Engineering Co's E10 of ₹8.12 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 Elecon Engineering Co and its competitors. Elecon Engineering Co's current E10 is ₹8.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (BOM:505700) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹647.53, compared to a current price of ₹465.70 — trading 28.1% below its estimated fair value. The current E10 is ₹8.12. Elecon Engineering Co's overall GF Score™ is 96/100 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 Elecon Engineering Co (BOM:505700), the current E10 is ₹8.12 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 Elecon Engineering Co (BOM:505700) Overvalued in 2026?

Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued. The current stock price of ₹465.70 is trading 28.1% below its estimated GF Value™ of ₹647.53. GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.

Key valuation signals for BOM:505700:

  • E10: ₹8.12
  • GF Value™: ₹647.53 vs. price of ₹465.70 (28.1% below fair value)
  • GF Score™: 96/100 with 4 warning signs

No single metric tells the full story. See the BOM:505700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elecon Engineering Co Business Description

Other Exchanges ELECON:India
Address Anand-Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
96GF Score

Get the complete analysis for BOM:505700

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

₹465.70
Price
₹647.53
GF Value