Hindustan Hardy (BOM:505893) E10: ₹23.92 (As of Jun. 2026)

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BOM:505893 Hindustan Hardy Ltd BOM:505893
79 GF Score
Price ₹705.75
GF Value ₹977.12
Valuation Modestly Undervalued
View Full Analysis

What is Hindustan Hardy E10?

Hindustan Hardy BOM:505893 -2.79% 79 E10 is ₹23.92 as of Jun. 2026. GuruFocus rates BOM:505893 with a GF Score™ of 79/100 and a GF Value™ of ₹977.12 (Modestly Undervalued).

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.

Hindustan Hardy's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹7.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹23.92 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hindustan Hardy's average E10 Growth Rate was 23.70% per year. During the past 3 years, the average E10 Growth Rate was 42.20% 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 Hindustan Hardy was 42.20% per year. The lowest was 41.00% per year. And the median was 41.60% per year.

As of today (2026-08-22), Hindustan Hardy's current stock price is ₹705.75. Hindustan Hardy's E10 for the quarter that ended in Jun. 2026 was ₹23.92. Hindustan Hardy's Shiller PE Ratio of today is 29.50.

During the past 13 years, the highest Shiller PE Ratio of Hindustan Hardy was 99.21. The lowest was 30.09. And the median was 45.72.


Hindustan Hardy  (BOM:505893) 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.

Hindustan Hardy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=705.75/23.92
=29.50

* 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 Hindustan Hardy was 99.21. The lowest was 30.09. And the median was 45.72.


Be Aware

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


Hindustan Hardy E10 Related Terms


Hindustan Hardy E10 Historical Data

* Premium members only.

The historical data trend for Hindustan Hardy'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.

Hindustan Hardy E10 Chart

Hindustan Hardy 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 6.05 7.91 10.55 16.96 22.76

Hindustan Hardy 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 19.20 21.05 21.96 22.76 23.92

BOM:505893 vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Hindustan Hardy'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.


Hindustan Hardy Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hindustan Hardy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hindustan Hardy's Shiller PE Ratio falls into.


BOM:505893
79GF Score
Hindustan Hardy Ltd BOM:505893
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindustan Hardy 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, Hindustan Hardy'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)
=7.85/167.3573*167.3573
=7.850

Current CPI (Jun. 2026) = 167.3573.

Hindustan Hardy Quarterly Data

per share eps CPI Adj_EPS
201609 0.230 105.961 0.363
201612 -3.290 105.196 -5.234
201703 -2.490 105.196 -3.961
201706 1.110 107.109 1.734
201709 -2.280 109.021 -3.500
201712 2.310 109.404 3.534
201803 4.980 109.786 7.591
201806 -0.380 111.317 -0.571
201809 -0.090 115.142 -0.131
201812 1.620 115.142 2.355
201903 1.460 118.202 2.067
201906 -0.240 120.880 -0.332
201909 -2.070 123.175 -2.812
201912 2.080 126.235 2.758
202003 0.430 124.705 0.577
202006 -2.680 127.000 -3.532
202009 5.150 130.118 6.624
202012 6.520 130.889 8.337
202103 12.260 131.771 15.571
202106 6.790 134.084 8.475
202109 10.890 135.847 13.416
202112 3.340 138.161 4.046
202203 3.550 138.822 4.280
202206 2.870 142.347 3.374
202209 1.910 144.661 2.210
202212 10.420 145.763 11.964
202303 10.400 146.865 11.851
202306 10.750 150.280 11.972
202309 5.540 151.492 6.120
202312 7.750 152.924 8.481
202403 8.460 153.035 9.252
202406 5.300 155.789 5.694
202409 12.920 157.882 13.695
202412 8.170 158.323 8.636
202503 17.590 157.552 18.685
202506 19.900 159.755 20.847
202509 12.930 162.289 13.334
202512 10.560 163.281 10.824
202603 12.530 164.272 12.765
202606 7.850 167.357 7.850

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 ₹23.92 mean?
Hindustan Hardy (BOM:505893) has a E10 of ₹23.92 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hindustan Hardy and its competitors.
Is Hindustan Hardy's E10 too high?
Hindustan Hardy's current E10 is ₹23.92. Overall, Hindustan Hardy has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Hardy's E10 compare to ORLY and AZO?
Hindustan Hardy's E10 of ₹23.92 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Hindustan Hardy and its competitors. Hindustan Hardy's current E10 is ₹23.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Hardy stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Hardy (BOM:505893) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹977.12, compared to a current price of ₹705.75 — trading 27.8% below its estimated fair value. The current E10 is ₹23.92. Hindustan Hardy's overall GF Score™ is 79/100. 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 Hindustan Hardy (BOM:505893), the current E10 is ₹23.92 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 Hindustan Hardy (BOM:505893) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Hardy stock appears to be undervalued. The current stock price of ₹705.75 is trading 27.8% below its estimated GF Value™ of ₹977.12. GuruFocus considers Hindustan Hardy to be Modestly Undervalued.

Key valuation signals for BOM:505893:

  • E10: ₹23.92
  • GF Value™: ₹977.12 vs. price of ₹705.75 (27.8% below fair value)
  • GF Score™: 79/100

No single metric tells the full story. See the BOM:505893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindustan Hardy Business Description

Address Plot No. C-12, M.I.D.C. Area, Ambad, Additional Nasik Industrial Area, Nashik, MH, IND, 422 010
Hindustan Hardy Ltd is an auto parts manufacturer in India. The company is principally engaged in the designing and manufacturing of propeller shafts and other accessories required for automotive, industrial, and other applications. Its sales are mainly to four customers that is domestic OEMs, export customers, industrial customers, and aftermarket.
79GF Score

Get the complete analysis for BOM:505893

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

₹705.75
Price
₹977.12
GF Value