TCC Concept (BOM:512038) E10: ₹7.94 (As of Jun. 2026)

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Vera Yuan
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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
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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:512038 TCC Concept Ltd BOM:512038
46 GF Score
Price ₹260.85
GF Value ₹653.21
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is TCC Concept E10?

TCC Concept BOM:512038 +1.93% 46 E10 is ₹7.94 as of Jun. 2026. GuruFocus rates BOM:512038 with a GF Score™ of 46/100 and a GF Value™ of ₹653.21 (Possible Value Trap). 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.

TCC Concept's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹2.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹7.94 for the trailing ten years ended in Jun. 2026.

During the past 12 months, TCC Concept's average E10 Growth Rate was 28.90% per year. During the past 3 years, the average E10 Growth Rate was 85.80% per year. During the past 5 years, the average E10 Growth Rate was 130.50% 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 TCC Concept was 244.60% per year. The lowest was 85.80% per year. And the median was 146.80% per year.

As of today (2026-08-16), TCC Concept's current stock price is ₹260.85. TCC Concept's E10 for the quarter that ended in Jun. 2026 was ₹7.94. TCC Concept's Shiller PE Ratio of today is 32.85.

During the past 13 years, the highest Shiller PE Ratio of TCC Concept was 173.69. The lowest was 7.27. And the median was 51.43.


TCC Concept  (BOM:512038) 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.

TCC Concept's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=260.85/7.94
=32.85

* 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 TCC Concept was 173.69. The lowest was 7.27. And the median was 51.43.


Be Aware

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


TCC Concept E10 Related Terms


TCC Concept E10 Historical Data

* Premium members only.

The historical data trend for TCC Concept'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.

TCC Concept E10 Chart

TCC Concept 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 0.14 1.19 3.91 5.73 7.63

TCC Concept 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 6.16 6.65 6.99 7.63 7.94

BOM:512038 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, TCC Concept'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.


TCC Concept Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, TCC Concept's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TCC Concept's Shiller PE Ratio falls into.


BOM:512038
46GF Score
TCC Concept Ltd BOM:512038
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCC Concept 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, TCC Concept'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)
=2.45/167.3573*167.3573
=2.450

Current CPI (Jun. 2026) = 167.3573.

TCC Concept Quarterly Data

per share eps CPI Adj_EPS
201609 -0.020 105.961 -0.032
201612 -0.010 105.196 -0.016
201703 -0.010 105.196 -0.016
201706 -0.020 107.109 -0.031
201709 -0.040 109.021 -0.061
201712 0.020 109.404 0.031
201803 -0.010 109.786 -0.015
201806 0.030 111.317 0.045
201809 1.430 115.142 2.078
201812 0.030 115.142 0.044
201903 0.090 118.202 0.127
201906 0.040 120.880 0.055
201909 0.030 123.175 0.041
201912 0.020 126.235 0.027
202003 1.570 124.705 2.107
202006 0.070 127.000 0.092
202009 0.030 130.118 0.039
202012 -0.030 130.889 -0.038
202103 -0.010 131.771 -0.013
202106 0.020 134.084 0.025
202109 0.003 135.847 0.004
202112 -0.010 138.161 -0.012
202203 -0.023 138.822 -0.028
202206 -0.010 142.347 -0.012
202209 -0.260 144.661 -0.301
202212 1.720 145.763 1.975
202303 9.890 146.865 11.270
202306 12.580 150.280 14.010
202309 0.960 151.492 1.061
202312 11.110 152.924 12.159
202403 2.517 153.035 2.753
202406 2.420 155.789 2.600
202409 4.590 157.882 4.865
202412 2.900 158.323 3.065
202503 4.790 157.552 5.088
202506 2.640 159.755 2.766
202509 2.920 162.289 3.011
202512 2.780 163.281 2.849
202603 5.840 164.272 5.950
202606 2.450 167.357 2.450

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 ₹7.94 mean?
TCC Concept (BOM:512038) has a E10 of ₹7.94 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TCC Concept and its competitors.
Is TCC Concept's E10 too high?
TCC Concept's current E10 is ₹7.94. Overall, TCC Concept has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCC Concept's E10 compare to CBRE and BEKE?
TCC Concept's E10 of ₹7.94 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 TCC Concept and its competitors. TCC Concept's current E10 is ₹7.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCC Concept stock overvalued right now?
Based on GuruFocus' analysis, TCC Concept (BOM:512038) is currently considered Possible Value Trap. The stock's GF Value™ is ₹653.21, compared to a current price of ₹260.85 — trading 60.1% below its estimated fair value. The current E10 is ₹7.94. TCC Concept's overall GF Score™ is 46/100 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 TCC Concept (BOM:512038), the current E10 is ₹7.94 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 TCC Concept (BOM:512038) Overvalued in 2026?

Based on GuruFocus' analysis, TCC Concept stock appears to be undervalued. The current stock price of ₹260.85 is trading 60.1% below its estimated GF Value™ of ₹653.21. GuruFocus considers TCC Concept to be Possible Value Trap.

Key valuation signals for BOM:512038:

  • E10: ₹7.94
  • GF Value™: ₹653.21 vs. price of ₹260.85 (60.1% below fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the BOM:512038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TCC Concept Business Description

Address Range Hill Road, Bhoslenagar, 5th Floor, VB Capitol Building, Opposite Hotel Symphony, Shivajinagar, Pune, MH, IND, 411007
TCC Concept Ltd is engaged in the business of providing real estate services, brokerage services, property management services, and renting or leasing services. The company has two reportable segments, which are Rental & Leasing of Equipment and Brokerage & other services, of which the majority of its revenue is generated from Brokerage & other services. The company generates revenue within India.
46GF Score

Get the complete analysis for BOM:512038

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

₹260.85
Price
₹653.21
GF Value