V B Desai Financial Services (BOM:511110) E10: ₹0.75 (As of Mar. 2026)


BOM:511110 V B Desai Financial Services Ltd BOM:511110
69 GF Score
Price ₹17.50
GF Value ₹19.05
Valuation Fairly Valued
! 3 Warning Signs
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What is V B Desai Financial Services E10?

V B Desai Financial Services BOM:511110 -1.07% 69 E10 is ₹0.75 as of Mar. 2026. GuruFocus rates BOM:511110 with a GF Score™ of 69/100 and a GF Value™ of ₹19.05 (Fairly Valued). 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.

V B Desai Financial Services's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, V B Desai Financial Services's average E10 Growth Rate was 21.00% per year. During the past 3 years, the average E10 Growth Rate was 13.70% per year. During the past 5 years, the average E10 Growth Rate was -4.90% 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 V B Desai Financial Services was 13.70% per year. The lowest was -12.00% per year. And the median was -11.50% per year.

As of today (2026-07-09), V B Desai Financial Services's current stock price is ₹17.50. V B Desai Financial Services's E10 for the quarter that ended in Mar. 2026 was ₹0.75. V B Desai Financial Services's Shiller PE Ratio of today is 23.33.

During the past 13 years, the highest Shiller PE Ratio of V B Desai Financial Services was 64.35. The lowest was 2.98. And the median was 18.50.


V B Desai Financial Services  (BOM:511110) 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.

V B Desai Financial Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.50/0.75
=23.33

* 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 V B Desai Financial Services was 64.35. The lowest was 2.98. And the median was 18.50.


Be Aware

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


V B Desai Financial Services E10 Related Terms


V B Desai Financial Services E10 Historical Data

* Premium members only.

The historical data trend for V B Desai Financial Services'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.

V B Desai Financial Services E10 Chart

V B Desai Financial Services 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 0.91 0.51 0.61 0.62 0.75

V B Desai Financial Services 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 0.62 0.66 0.67 0.70 0.75

BOM:511110 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, V B Desai Financial Services'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.


V B Desai Financial Services Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, V B Desai Financial Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where V B Desai Financial Services's Shiller PE Ratio falls into.


BOM:511110
69GF Score
V B Desai Financial Services Ltd BOM:511110
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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V B Desai Financial Services 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, V B Desai Financial Services'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)
=0.45/164.2724*164.2724
=0.450

Current CPI (Mar. 2026) = 164.2724.

V B Desai Financial Services Quarterly Data

per share eps CPI Adj_EPS
201606 -0.040 105.961 -0.062
201609 -0.002 105.961 -0.003
201612 0.070 105.196 0.109
201703 0.100 105.196 0.156
201706 -0.068 107.109 -0.104
201709 0.177 109.021 0.267
201712 0.050 109.404 0.075
201803 -0.090 109.786 -0.135
201806 0.150 111.317 0.221
201809 0.240 115.142 0.342
201812 0.060 115.142 0.086
201903 -1.080 118.202 -1.501
201906 0.600 120.880 0.815
201909 0.190 123.175 0.253
201912 0.120 126.235 0.156
202003 0.160 124.705 0.211
202006 0.060 127.000 0.078
202009 0.030 130.118 0.038
202012 -0.060 130.889 -0.075
202103 0.410 131.771 0.511
202106 0.330 134.084 0.404
202109 0.100 135.847 0.121
202112 0.140 138.161 0.166
202203 0.200 138.822 0.237
202206 0.190 142.347 0.219
202209 0.250 144.661 0.284
202212 0.100 145.763 0.113
202303 0.140 146.865 0.157
202306 0.290 150.280 0.317
202309 0.120 151.492 0.130
202312 0.190 152.924 0.204
202403 0.420 153.035 0.451
202406 0.270 155.789 0.285
202409 0.210 157.882 0.218
202412 0.320 158.323 0.332
202503 0.430 157.552 0.448
202506 0.450 159.755 0.463
202509 0.520 162.289 0.526
202512 0.490 163.281 0.493
202603 0.450 164.272 0.450

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 ₹0.75 mean?
V B Desai Financial Services (BOM:511110) has a E10 of ₹0.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on V B Desai Financial Services and its competitors.
Is V B Desai Financial Services' E10 too high?
V B Desai Financial Services' current E10 is ₹0.75. Overall, V B Desai Financial Services has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does V B Desai Financial Services' E10 compare to MS and GS?
V B Desai Financial Services' E10 of ₹0.75 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 V B Desai Financial Services and its competitors. V B Desai Financial Services's current E10 is ₹0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V B Desai Financial Services stock overvalued right now?
Based on GuruFocus' analysis, V B Desai Financial Services (BOM:511110) is currently considered Fairly Valued. The stock's GF Value™ is ₹19.05, compared to a current price of ₹17.50 — trading 8.1% below its estimated fair value. The current E10 is ₹0.75. V B Desai Financial Services' overall GF Score™ is 69/100 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 V B Desai Financial Services (BOM:511110), the current E10 is ₹0.75 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 V B Desai Financial Services (BOM:511110) Overvalued in 2026?

Based on GuruFocus' analysis, V B Desai Financial Services stock appears to be undervalued. The current stock price of ₹17.50 is trading 8.1% below its estimated GF Value™ of ₹19.05. GuruFocus considers V B Desai Financial Services to be Fairly Valued.

Key valuation signals for BOM:511110:

  • E10: ₹0.75
  • GF Value™: ₹19.05 vs. price of ₹17.50 (8.1% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the BOM:511110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


V B Desai Financial Services Business Description

Address 24/26 Dalai Street, Cama Building, 1st Floor, Fort, Mumbai, MH, IND, 400001
V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc. The Company has one segment which is Merchant Banking and financial services.
69GF Score

Get the complete analysis for BOM:511110

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

₹17.50
Price
₹19.05
GF Value