India Cements Capital (BOM:511355) E10: ₹0.18 (As of Mar. 2026)


BOM:511355 India Cements Capital Ltd BOM:511355
38 GF Score
Price ₹17.56
GF Value ₹0.26
Valuation Significantly Overvalued
! 5 Warning Signs
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What is India Cements Capital E10?

India Cements Capital BOM:511355 +3.97% 38 E10 is ₹0.18 as of Mar. 2026. GuruFocus rates BOM:511355 with a GF Score™ of 38/100 and a GF Value™ of ₹0.26 (Significantly Overvalued). The stock has 5 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.

India Cements Capital's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.18 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 (2026-06-28), India Cements Capital's current stock price is ₹17.56. India Cements Capital's E10 for the quarter that ended in Mar. 2026 was ₹0.18. India Cements Capital's Shiller PE Ratio of today is 97.56.

During the past 13 years, the highest Shiller PE Ratio of India Cements Capital was 97.56. The lowest was 50.57. And the median was 66.95.


India Cements Capital  (BOM:511355) 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.

India Cements Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.56/0.18
=97.56

* 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 India Cements Capital was 97.56. The lowest was 50.57. And the median was 66.95.


Be Aware

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


India Cements Capital E10 Related Terms


India Cements Capital E10 Historical Data

* Premium members only.

The historical data trend for India Cements Capital'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.

India Cements Capital E10 Chart

India Cements Capital 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 0.00 0.00 0.18

India Cements Capital 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 0.00 0.00 0.23 0.21 0.18

BOM:511355 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, India Cements Capital'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.


India Cements Capital Shiller PE Ratio vs Capital Markets Industry

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

* The bar in red indicates where India Cements Capital's Shiller PE Ratio falls into.


BOM:511355
38GF Score
India Cements Capital Ltd BOM:511355
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Cements Capital 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, India Cements Capital'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)
=-0.17/164.2724*164.2724
=-0.170

Current CPI (Mar. 2026) = 164.2724.

India Cements Capital Quarterly Data

per share eps CPI Adj_EPS
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 0.090 111.317 0.133
201809 0.050 115.142 0.071
201812 -0.060 115.142 -0.086
201903 -0.010 118.202 -0.014
201906 0.070 120.880 0.095
201909 0.020 123.175 0.027
201912 0.040 126.235 0.052
202003 -0.100 124.705 -0.132
202006 -0.130 127.000 -0.168
202009 -0.090 130.118 -0.114
202012 -0.010 130.889 -0.013
202103 0.110 131.771 0.137
202106 0.010 134.084 0.012
202109 0.060 135.847 0.073
202112 0.030 138.161 0.036
202203 0.000 138.822 0.000
202206 0.040 142.347 0.046
202209 0.260 144.661 0.295
202212 0.050 145.763 0.056
202303 0.080 146.865 0.089
202306 0.260 150.280 0.284
202309 0.270 151.492 0.293
202312 0.110 152.924 0.118
202403 0.070 153.035 0.075
202406 0.160 155.789 0.169
202409 0.080 157.882 0.083
202412 -0.010 158.323 -0.010
202503 0.020 157.552 0.021
202506 0.080 159.755 0.082
202509 -0.030 162.289 -0.030
202512 -0.080 163.281 -0.080
202603 -0.170 164.272 -0.170

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 ₹0.18 mean?
India Cements Capital (BOM:511355) has a E10 of ₹0.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on India Cements Capital and its competitors.
Is India Cements Capital's E10 too high?
India Cements Capital's current E10 is ₹0.18. Overall, India Cements Capital has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Cements Capital's E10 compare to MS and GS?
India Cements Capital's E10 of ₹0.18 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 India Cements Capital and its competitors. India Cements Capital's current E10 is ₹0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Cements Capital stock overvalued right now?
Based on GuruFocus' analysis, India Cements Capital (BOM:511355) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.26, compared to a current price of ₹17.56 — trading 6653.8% above its estimated fair value. The current E10 is ₹0.18. India Cements Capital's overall GF Score™ is 38/100 with 5 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 India Cements Capital (BOM:511355), the current E10 is ₹0.18 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 India Cements Capital (BOM:511355) Overvalued in 2026?

Based on GuruFocus' analysis, India Cements Capital stock appears to be overvalued. The current stock price of ₹17.56 is trading 6653.8% above its estimated GF Value™ of ₹0.26. GuruFocus considers India Cements Capital to be Significantly Overvalued.

Key valuation signals for BOM:511355:

  • E10: ₹0.18
  • GF Value™: ₹0.26 vs. price of ₹17.56 (6653.8% above fair value)
  • GF Score™: 38/100 with 5 warning signs

No single metric tells the full story. See the BOM:511355 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Cements Capital Business Description

Address No. 18/14 (312/14) Gee Gee Emerald, Valluvar Kottam High Road, No. 2C & 2D, 2nd Floor, Nungambakkam, Chennai, TN, IND, 600 034
India Cements Capital Ltd is a non-banking finance company. It is engaged in providing fee-based activities, including risk management services for importers and exporters, money changing, travel services, interbank Forex broking and share broking.
38GF Score

Get the complete analysis for BOM:511355

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

₹17.56
Price
₹0.26
GF Value