Morarka Finance (BOM:511549) E10: ₹7.33 (As of Mar. 2026)


BOM:511549 Morarka Finance Ltd BOM:511549
68 GF Score
Price ₹64.55
GF Value ₹52.36
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Morarka Finance E10?

Morarka Finance BOM:511549 +1.10% 68 E10 is ₹7.33 as of Mar. 2026. GuruFocus rates BOM:511549 with a GF Score™ of 68/100 and a GF Value™ of ₹52.36 (Modestly Overvalued). 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.

Morarka Finance's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹7.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Morarka Finance's average E10 Growth Rate was 8.90% per year. During the past 3 years, the average E10 Growth Rate was 20.00% per year. During the past 5 years, the average E10 Growth Rate was 30.30% 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 Morarka Finance was 43.10% per year. The lowest was 20.00% per year. And the median was 31.80% per year.

As of today (2026-07-07), Morarka Finance's current stock price is ₹64.55. Morarka Finance's E10 for the quarter that ended in Mar. 2026 was ₹7.33. Morarka Finance's Shiller PE Ratio of today is 8.81.

During the past 13 years, the highest Shiller PE Ratio of Morarka Finance was 37.45. The lowest was 6.17. And the median was 23.85.


Morarka Finance  (BOM:511549) 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.

Morarka Finance's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=64.55/7.33
=8.81

* 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 Morarka Finance was 37.45. The lowest was 6.17. And the median was 23.85.


Be Aware

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


Morarka Finance E10 Related Terms


Morarka Finance E10 Historical Data

* Premium members only.

The historical data trend for Morarka Finance'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.

Morarka Finance E10 Chart

Morarka Finance 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 2.94 4.24 5.92 6.73 7.33

Morarka Finance 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 6.73 6.85 7.21 7.27 7.33

BOM:511549 vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Morarka Finance'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.


Morarka Finance Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Morarka Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Morarka Finance's Shiller PE Ratio falls into.


BOM:511549
68GF Score
Morarka Finance Ltd BOM:511549
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morarka Finance 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, Morarka Finance'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)
=0.21/164.2724*164.2724
=0.210

Current CPI (Mar. 2026) = 164.2724.

Morarka Finance Quarterly Data

per share eps CPI Adj_EPS
201606 0.720 105.961 1.116
201609 -0.010 105.961 -0.016
201612 -0.020 105.196 -0.031
201703 -0.280 105.196 -0.437
201706 0.020 107.109 0.031
201709 4.940 109.021 7.444
201712 0.140 109.404 0.210
201803 0.100 109.786 0.150
201806 0.050 111.317 0.074
201809 0.860 115.142 1.227
201812 0.160 115.142 0.228
201903 -0.030 118.202 -0.042
201906 0.050 120.880 0.068
201909 5.630 123.175 7.508
201912 0.140 126.235 0.182
202003 5.170 124.705 6.810
202006 0.290 127.000 0.375
202009 0.640 130.118 0.808
202012 0.270 130.889 0.339
202103 0.320 131.771 0.399
202106 0.120 134.084 0.147
202109 7.990 135.847 9.662
202112 0.205 138.161 0.244
202203 -0.109 138.822 -0.129
202206 10.870 142.347 12.544
202209 0.010 144.661 0.011
202212 0.470 145.763 0.530
202303 -0.950 146.865 -1.063
202306 10.680 150.280 11.674
202309 1.340 151.492 1.453
202312 0.830 152.924 0.892
202403 1.170 153.035 1.256
202406 3.640 155.789 3.838
202409 1.210 157.882 1.259
202412 0.200 158.323 0.208
202503 1.160 157.552 1.209
202506 0.310 159.755 0.319
202509 2.430 162.289 2.460
202512 0.160 163.281 0.161
202603 0.210 164.272 0.210

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 ₹7.33 mean?
Morarka Finance (BOM:511549) has a E10 of ₹7.33 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Morarka Finance and its competitors.
Is Morarka Finance's E10 too high?
Morarka Finance's current E10 is ₹7.33. Overall, Morarka Finance has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morarka Finance's E10 compare to BLK and BX?
Morarka Finance's E10 of ₹7.33 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Morarka Finance and its competitors. Morarka Finance's current E10 is ₹7.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morarka Finance stock overvalued right now?
Based on GuruFocus' analysis, Morarka Finance (BOM:511549) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹52.36, compared to a current price of ₹64.55 — trading 23.3% above its estimated fair value. The current E10 is ₹7.33. Morarka Finance's overall GF Score™ is 68/100 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 Morarka Finance (BOM:511549), the current E10 is ₹7.33 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 Morarka Finance (BOM:511549) Overvalued in 2026?

Based on GuruFocus' analysis, Morarka Finance stock appears to be overvalued. The current stock price of ₹64.55 is trading 23.3% above its estimated GF Value™ of ₹52.36. GuruFocus considers Morarka Finance to be Modestly Overvalued.

Key valuation signals for BOM:511549:

  • E10: ₹7.33
  • GF Value™: ₹52.36 vs. price of ₹64.55 (23.3% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the BOM:511549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morarka Finance Business Description

Address 221, Nariman Point, 511, Maker Chambers V, Mumbai, MH, IND, 400021
Morarka Finance Ltd is an India-based non-banking financial company engaged in the financial business. It is involved in activities related to portfolio management, investment in securities, corporate advisory services, and others.
68GF Score

Get the complete analysis for BOM:511549

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

₹64.55
Price
₹52.36
GF Value