Trade Wings (BOM:509953) E10: ₹0.35 (As of Mar. 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
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:509953 Trade Wings Ltd BOM:509953
41 GF Score
Price ₹595.00
GF Value ₹53.17
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Trade Wings E10?

Trade Wings BOM:509953 41 E10 is ₹0.35 as of Mar. 2026. GuruFocus rates BOM:509953 with a GF Score™ of 41/100 and a GF Value™ of ₹53.17 (Significantly Overvalued). The stock has 3 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.

Trade Wings's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹9.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.35 for the trailing ten years ended in Mar. 2026.

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 (2026-07-26), Trade Wings's current stock price is ₹595.00. Trade Wings's E10 for the quarter that ended in Mar. 2026 was ₹0.35. Trade Wings's Shiller PE Ratio of today is 1,700.00.

During the past 13 years, the highest Shiller PE Ratio of Trade Wings was 1891.43. The lowest was 1491.43. And the median was 1700.00.


Trade Wings  (BOM:509953) 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.

Trade Wings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=595.00/0.35
=1,700.00

* 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 Trade Wings was 1891.43. The lowest was 1491.43. And the median was 1700.00.


Be Aware

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


Trade Wings E10 Related Terms


Trade Wings E10 Historical Data

* Premium members only.

The historical data trend for Trade Wings'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.

Trade Wings E10 Chart

Trade Wings 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 -2.21 -0.78 -0.17 0.35

Trade Wings 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 -0.17 -0.37 -1.33 -0.95 0.35

BOM:509953 vs BKNG, ABNB, RCL: E10 Comparison

For the Travel Services subindustry, Trade Wings'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.


Trade Wings Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trade Wings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Trade Wings's Shiller PE Ratio falls into.


BOM:509953
41GF Score
Trade Wings Ltd BOM:509953
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trade Wings 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, Trade Wings'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)
=9.88/164.2724*164.2724
=9.880

Current CPI (Mar. 2026) = 164.2724.

Trade Wings Quarterly Data

per share eps CPI Adj_EPS
201406 0.130 94.103 0.227
201409 0.450 96.780 0.764
201412 0.130 96.780 0.221
201503 -1.947 97.163 -3.292
201506 0.300 99.841 0.494
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 -3.133 111.317 -4.623
201809 -2.260 115.142 -3.224
201812 5.220 115.142 7.447
201903 8.521 118.202 11.842
201906 -3.200 120.880 -4.349
201909 -7.170 123.175 -9.562
201912 1.830 126.235 2.381
202003 2.890 124.705 3.807
202006 -10.310 127.000 -13.336
202009 -7.260 130.118 -9.166
202012 -8.410 130.889 -10.555
202103 1.860 131.771 2.319
202106 -3.760 134.084 -4.607
202109 -3.850 135.847 -4.656
202112 7.340 138.161 8.727
202203 -10.230 138.822 -12.105
202206 -5.980 142.347 -6.901
202209 -4.120 144.661 -4.679
202212 9.980 145.763 11.247
202303 11.230 146.865 12.561
202306 3.070 150.280 3.356
202309 -4.850 151.492 -5.259
202312 7.390 152.924 7.938
202403 4.760 153.035 5.110
202406 -3.600 155.789 -3.796
202409 -4.400 157.882 -4.578
202412 9.370 158.323 9.722
202503 11.310 157.552 11.792
202506 0.530 159.755 0.545
202509 -6.470 162.289 -6.549
202512 4.050 163.281 4.075
202603 9.880 164.272 9.880

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 ₹0.35 mean?
Trade Wings (BOM:509953) has a E10 of ₹0.35 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Trade Wings and its competitors.
Is Trade Wings' E10 too high?
Trade Wings' current E10 is ₹0.35. Overall, Trade Wings has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trade Wings' E10 compare to BKNG and ABNB?
Trade Wings' E10 of ₹0.35 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Trade Wings and its competitors. Trade Wings's current E10 is ₹0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade Wings stock overvalued right now?
Based on GuruFocus' analysis, Trade Wings (BOM:509953) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹53.17, compared to a current price of ₹595.00 — trading 1019.1% above its estimated fair value. The current E10 is ₹0.35. Trade Wings' overall GF Score™ is 41/100 with 3 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 Trade Wings (BOM:509953), the current E10 is ₹0.35 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 Trade Wings (BOM:509953) Overvalued in 2026?

Based on GuruFocus' analysis, Trade Wings stock appears to be overvalued. The current stock price of ₹595.00 is trading 1019.1% above its estimated GF Value™ of ₹53.17. GuruFocus considers Trade Wings to be Significantly Overvalued.

Key valuation signals for BOM:509953:

  • E10: ₹0.35
  • GF Value™: ₹53.17 vs. price of ₹595.00 (1019.1% above fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the BOM:509953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trade Wings Business Description

Address A-2 Kaveri CHS, Plot No.63, Sector 17, Vashi, Navi Mumbai, MH, IND, 400 705
Trade Wings Ltd is an India based company operating in the tourism industry. Its services include Business Travel, Leisure Travel, Hospitality, Logistics, and others. The company's operating segment includes Cargo and Others and Travel Related Services. It derives maximum revenue from the Travel Related Services segment.
41GF Score

Get the complete analysis for BOM:509953

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

₹595.00
Price
₹53.17
GF Value