Cranex (BOM:522001) E10: ₹1.95 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:522001 Cranex Ltd BOM:522001
67 GF Score
Price ₹90.00
GF Value ₹66.76
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Cranex E10?

Cranex BOM:522001 -2.17% 67 E10 is ₹1.95 as of Mar. 2026. GuruFocus rates BOM:522001 with a GF Score™ of 67/100 and a GF Value™ of ₹66.76 (Significantly Overvalued). The stock has 8 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.

Cranex's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cranex's average E10 Growth Rate was 11.40% per year. During the past 3 years, the average E10 Growth Rate was -4.70% per year. During the past 5 years, the average E10 Growth Rate was -10.40% 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 Cranex was -4.70% per year. The lowest was -17.20% per year. And the median was -5.60% per year.

As of today (2026-07-27), Cranex's current stock price is ₹90.00. Cranex's E10 for the quarter that ended in Mar. 2026 was ₹1.95. Cranex's Shiller PE Ratio of today is 46.15.

During the past 13 years, the highest Shiller PE Ratio of Cranex was 68.30. The lowest was 2.93. And the median was 21.25.


Cranex  (BOM:522001) 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.

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

Shiller PE Ratio=Share Price/E10
=90.00/1.95
=46.15

* 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 Cranex was 68.30. The lowest was 2.93. And the median was 21.25.


Be Aware

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


Cranex E10 Related Terms


Cranex E10 Historical Data

* Premium members only.

The historical data trend for Cranex'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.

Cranex E10 Chart

Cranex 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 3.08 2.25 2.59 1.75 1.95

Cranex 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 1.75 1.74 1.83 1.87 1.95

BOM:522001 vs CAT, DE, PCAR: E10 Comparison

For the Farm & Heavy Construction Machinery subindustry, Cranex'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.


Cranex Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cranex's Shiller PE Ratio distribution charts can be found below:

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


BOM:522001
67GF Score
Cranex Ltd BOM:522001
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cranex 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, Cranex'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)
=1.48/164.2724*164.2724
=1.480

Current CPI (Mar. 2026) = 164.2724.

Cranex Quarterly Data

per share eps CPI Adj_EPS
201603 0.360 102.518 0.577
201606 0.010 105.961 0.016
201609 0.050 105.961 0.078
201612 0.040 105.196 0.062
201703 1.130 105.196 1.765
201706 0.290 107.109 0.445
201709 0.280 109.021 0.422
201712 0.070 109.404 0.105
201803 0.310 109.786 0.464
201809 0.540 115.142 0.770
201812 0.160 115.142 0.228
201903 0.210 118.202 0.292
201906 0.180 120.880 0.245
201909 0.490 123.175 0.653
201912 0.160 126.235 0.208
202003 0.370 124.705 0.487
202006 0.110 127.000 0.142
202009 0.220 130.118 0.278
202012 0.340 130.889 0.427
202103 0.700 131.771 0.873
202106 0.310 134.084 0.380
202109 0.400 135.847 0.484
202112 0.070 138.161 0.083
202203 0.424 138.822 0.502
202206 0.160 142.347 0.185
202209 0.160 144.661 0.182
202212 0.090 145.763 0.101
202303 0.520 146.865 0.582
202306 0.230 150.280 0.251
202309 0.650 151.492 0.705
202312 0.160 152.924 0.172
202403 1.450 153.035 1.556
202406 0.340 155.789 0.359
202409 1.160 157.882 1.207
202412 0.100 158.323 0.104
202503 1.190 157.552 1.241
202506 0.280 159.755 0.288
202509 0.750 162.289 0.759
202512 0.370 163.281 0.372
202603 1.480 164.272 1.480

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 ₹1.95 mean?
Cranex (BOM:522001) has a E10 of ₹1.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cranex and its competitors.
Is Cranex's E10 too high?
Cranex's current E10 is ₹1.95. Overall, Cranex has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cranex's E10 compare to CAT and DE?
Cranex's E10 of ₹1.95 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good E10 depends on the Farm & Heavy Construction Machinery 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 Cranex and its competitors. Cranex's current E10 is ₹1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cranex stock overvalued right now?
Based on GuruFocus' analysis, Cranex (BOM:522001) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹66.76, compared to a current price of ₹90.00 — trading 34.8% above its estimated fair value. The current E10 is ₹1.95. Cranex's overall GF Score™ is 67/100 with 8 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 Cranex (BOM:522001), the current E10 is ₹1.95 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 Cranex (BOM:522001) Overvalued in 2026?

Based on GuruFocus' analysis, Cranex stock appears to be overvalued. The current stock price of ₹90.00 is trading 34.8% above its estimated GF Value™ of ₹66.76. GuruFocus considers Cranex to be Significantly Overvalued.

Key valuation signals for BOM:522001:

  • E10: ₹1.95
  • GF Value™: ₹66.76 vs. price of ₹90.00 (34.8% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the BOM:522001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cranex Business Description

Address 57/1, Industrial Area, Site-IV, Ghaziabad District, Sahibabad, UP, IND, 201010
Cranex Ltd is engaged in the manufacturing and selling of cranes and their parts in India. It also provides after-sales maintenance services. The company's only operating segment is the Manufacture of EOT Cranes and installation of escalators. It supplies the products to Government and Private sector industries. its product offerings include Double girder cranes, Single girder cranes, Jib cranes, Gantry cranes, Escalators and moving walkways, Elevators, and Railway products.
67GF Score

Get the complete analysis for BOM:522001

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

₹90.00
Price
₹66.76
GF Value