Ajmera Realty & Infra India (BOM:513349) E10: ₹4.94 (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.
Reviewed by: Charlie Tian Charlie Tian
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:513349 Ajmera Realty & Infra India Ltd BOM:513349
76 GF Score
Price ₹129.15
GF Value ₹207.30
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ajmera Realty & Infra India E10?

Ajmera Realty & Infra India BOM:513349 -4.51% 76 E10 is ₹4.94 as of Mar. 2026. GuruFocus rates BOM:513349 with a GF Score™ of 76/100 and a GF Value™ of ₹207.30 (Significantly Undervalued). The stock has 2 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.

Ajmera Realty & Infra India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ajmera Realty & Infra India's average E10 Growth Rate was 10.50% per year. During the past 3 years, the average E10 Growth Rate was 12.50% per year. During the past 5 years, the average E10 Growth Rate was 10.90% 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 Ajmera Realty & Infra India was 13.70% per year. The lowest was 3.80% per year. And the median was 10.85% per year.

As of today (2026-07-17), Ajmera Realty & Infra India's current stock price is ₹129.15. Ajmera Realty & Infra India's E10 for the quarter that ended in Mar. 2026 was ₹4.94. Ajmera Realty & Infra India's Shiller PE Ratio of today is 26.14.

During the past 13 years, the highest Shiller PE Ratio of Ajmera Realty & Infra India was 50.23. The lowest was 4.16. And the median was 21.37.


Ajmera Realty & Infra India  (BOM:513349) 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.

Ajmera Realty & Infra India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=129.15/4.94
=26.14

* 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 Ajmera Realty & Infra India was 50.23. The lowest was 4.16. And the median was 21.37.


Be Aware

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


Ajmera Realty & Infra India E10 Related Terms


Ajmera Realty & Infra India E10 Historical Data

* Premium members only.

The historical data trend for Ajmera Realty & Infra India'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.

Ajmera Realty & Infra India E10 Chart

Ajmera Realty & Infra India 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 3.04 3.47 4.05 4.47 4.94

Ajmera Realty & Infra India 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 4.47 4.67 4.84 4.83 4.94

Ajmera Realty & Infra India E10 Competitor Comparison

For the Real Estate - Development subindustry, Ajmera Realty & Infra India'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.


Ajmera Realty & Infra India Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ajmera Realty & Infra India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ajmera Realty & Infra India's Shiller PE Ratio falls into.


BOM:513349
76GF Score
Ajmera Realty & Infra India Ltd BOM:513349
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ajmera Realty & Infra India 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, Ajmera Realty & Infra India'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)
=2.83/164.2724*164.2724
=2.830

Current CPI (Mar. 2026) = 164.2724.

Ajmera Realty & Infra India Quarterly Data

per share eps CPI Adj_EPS
201606 0.382 105.961 0.592
201609 0.584 105.961 0.905
201612 1.308 105.196 2.043
201703 1.394 105.196 2.177
201706 0.794 107.109 1.218
201709 0.818 109.021 1.233
201712 1.184 109.404 1.778
201803 1.841 109.786 2.755
201806 0.698 111.317 1.030
201809 0.914 115.142 1.304
201812 1.064 115.142 1.518
201903 1.562 118.202 2.171
201906 0.578 120.880 0.785
201909 0.670 123.175 0.894
201912 0.324 126.235 0.422
202003 0.229 124.705 0.302
202006 0.118 127.000 0.153
202009 0.434 130.118 0.548
202012 0.446 130.889 0.560
202103 0.703 131.771 0.876
202106 0.578 134.084 0.708
202109 0.644 135.847 0.779
202112 0.548 138.161 0.652
202203 0.790 138.822 0.935
202206 0.652 142.347 0.752
202209 1.930 144.661 2.192
202212 0.600 145.763 0.676
202303 0.864 146.865 0.966
202306 1.188 150.280 1.299
202309 1.252 151.492 1.358
202312 1.718 152.924 1.845
202403 1.630 153.035 1.750
202406 1.736 155.789 1.831
202409 1.954 157.882 2.033
202412 0.362 158.323 0.376
202503 1.280 157.552 1.335
202506 1.946 159.755 2.001
202509 1.544 162.289 1.563
202512 0.260 163.281 0.262
202603 2.830 164.272 2.830

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 ₹4.94 mean?
Ajmera Realty & Infra India (BOM:513349) has a E10 of ₹4.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ajmera Realty & Infra India and its competitors.
Is Ajmera Realty & Infra India's E10 too high?
Ajmera Realty & Infra India's current E10 is ₹4.94. Overall, Ajmera Realty & Infra India has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ajmera Realty & Infra India's E10 compare to competitors?
Ajmera Realty & Infra India's E10 of ₹4.94 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 Ajmera Realty & Infra India and its competitors. Ajmera Realty & Infra India's current E10 is ₹4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajmera Realty & Infra India stock overvalued right now?
Based on GuruFocus' analysis, Ajmera Realty & Infra India (BOM:513349) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹207.30, compared to a current price of ₹129.15 — trading 37.7% below its estimated fair value. The current E10 is ₹4.94. Ajmera Realty & Infra India's overall GF Score™ is 76/100 with 2 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 Ajmera Realty & Infra India (BOM:513349), the current E10 is ₹4.94 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 Ajmera Realty & Infra India (BOM:513349) Overvalued in 2026?

Based on GuruFocus' analysis, Ajmera Realty & Infra India stock appears to be undervalued. The current stock price of ₹129.15 is trading 37.7% below its estimated GF Value™ of ₹207.30. GuruFocus considers Ajmera Realty & Infra India to be Significantly Undervalued.

Key valuation signals for BOM:513349:

  • E10: ₹4.94
  • GF Value™: ₹207.30 vs. price of ₹129.15 (37.7% below fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the BOM:513349 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajmera Realty & Infra India Business Description

Other Exchanges AJMERA:India
Address New Link Road, Citi Mall, 2nd Floor, Andheri (West), Mumbai, MH, IND, 400053
Ajmera Realty & Infra India Ltd is an Indian-based real estate development company. It is engaged in developing residential, commercial, and retail properties. It also deals with the generation and supply of electricity. Some of its projects include Ajmera Lugaano, Ajmera Nucleus, Ajmera I-Land, Ajmera Sikova, and Ajmera Greenfinity.
76GF Score

Get the complete analysis for BOM:513349

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

₹129.15
Price
₹207.30
GF Value