Modern Insulators (BOM:515008) E10: ₹8.35 (As of Mar. 2026)


BOM:515008 Modern Insulators Ltd BOM:515008
63 GF Score
Price ₹551.55
GF Value ₹193.39
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Modern Insulators E10?

Modern Insulators BOM:515008 +4.01% 63 E10 is ₹8.35 as of Mar. 2026. GuruFocus rates BOM:515008 with a GF Score™ of 63/100 and a GF Value™ of ₹193.39 (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.

Modern Insulators's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹5.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Modern Insulators's average E10 Growth Rate was 10.40% per year. During the past 3 years, the average E10 Growth Rate was 2.80% 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 Modern Insulators was 2.80% per year. The lowest was 2.80% per year. And the median was 2.80% per year.

As of today (2026-07-05), Modern Insulators's current stock price is ₹551.55. Modern Insulators's E10 for the quarter that ended in Mar. 2026 was ₹8.35. Modern Insulators's Shiller PE Ratio of today is 66.05.

During the past 13 years, the highest Shiller PE Ratio of Modern Insulators was 66.05. The lowest was 5.42. And the median was 15.46.


Modern Insulators  (BOM:515008) 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.

Modern Insulators's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=551.55/8.35
=66.05

* 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 Modern Insulators was 66.05. The lowest was 5.42. And the median was 15.46.


Be Aware

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


Modern Insulators E10 Related Terms


Modern Insulators E10 Historical Data

* Premium members only.

The historical data trend for Modern Insulators'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.

Modern Insulators E10 Chart

Modern Insulators 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 7.68 7.48 7.56 8.35

Modern Insulators 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 7.56 7.64 7.86 8.15 8.35

BOM:515008 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, Modern Insulators'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.


Modern Insulators Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Modern Insulators's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Modern Insulators's Shiller PE Ratio falls into.


BOM:515008
63GF Score
Modern Insulators Ltd BOM:515008
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modern Insulators 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, Modern Insulators'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)
=5.06/164.2724*164.2724
=5.060

Current CPI (Mar. 2026) = 164.2724.

Modern Insulators Quarterly Data

per share eps CPI Adj_EPS
201603 0.000 102.518 0.000
201609 2.353 105.961 3.648
201612 1.140 105.196 1.780
201703 0.750 105.196 1.171
201706 0.480 107.109 0.736
201709 0.550 109.021 0.829
201712 1.120 109.404 1.682
201803 1.540 109.786 2.304
201806 0.830 111.317 1.225
201809 1.340 115.142 1.912
201812 1.470 115.142 2.097
201903 1.770 118.202 2.460
201906 0.990 120.880 1.345
201909 1.040 123.175 1.387
201912 1.170 126.235 1.523
202003 1.560 124.705 2.055
202006 0.940 127.000 1.216
202009 1.460 130.118 1.843
202012 1.840 130.889 2.309
202103 3.000 131.771 3.740
202106 2.220 134.084 2.720
202109 0.600 135.847 0.726
202112 0.005 138.161 0.006
202203 1.830 138.822 2.165
202206 0.190 142.347 0.219
202209 0.990 144.661 1.124
202212 2.110 145.763 2.378
202303 2.640 146.865 2.953
202306 0.810 150.280 0.885
202309 1.300 151.492 1.410
202312 2.130 152.924 2.288
202403 3.410 153.035 3.660
202406 1.600 155.789 1.687
202409 2.770 157.882 2.882
202412 1.970 158.323 2.044
202503 1.840 157.552 1.918
202506 3.230 159.755 3.321
202509 3.520 162.289 3.563
202512 5.120 163.281 5.151
202603 5.060 164.272 5.060

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 ₹8.35 mean?
Modern Insulators (BOM:515008) has a E10 of ₹8.35 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Modern Insulators and its competitors.
Is Modern Insulators' E10 too high?
Modern Insulators' current E10 is ₹8.35. Overall, Modern Insulators has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modern Insulators' E10 compare to APH and GLW?
Modern Insulators' E10 of ₹8.35 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Modern Insulators and its competitors. Modern Insulators's current E10 is ₹8.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Insulators stock overvalued right now?
Based on GuruFocus' analysis, Modern Insulators (BOM:515008) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹193.39, compared to a current price of ₹551.55 — trading 185.2% above its estimated fair value. The current E10 is ₹8.35. Modern Insulators' overall GF Score™ is 63/100 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 Modern Insulators (BOM:515008), the current E10 is ₹8.35 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 Modern Insulators (BOM:515008) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Insulators stock appears to be overvalued. The current stock price of ₹551.55 is trading 185.2% above its estimated GF Value™ of ₹193.39. GuruFocus considers Modern Insulators to be Significantly Overvalued.

Key valuation signals for BOM:515008:

  • E10: ₹8.35
  • GF Value™: ₹193.39 vs. price of ₹551.55 (185.2% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the BOM:515008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modern Insulators Business Description

Address Pochkhanwala Road, 68/69, Godavari, Worli, Mumbai, MH, IND, 400025
Modern Insulators Ltd manufactures high-voltage alumina porcelain insulators in India. Hollow porcelain insulators, solid core post insulators, long rod insulators, and railway insulators are among the company's products. The company's operating segment includes Insulators and Terry Towels. It generates maximum revenue from Insulators segment. Geographically, it derives a majority of its revenue from India.
63GF Score

Get the complete analysis for BOM:515008

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

₹551.55
Price
₹193.39
GF Value