Gujarat Apollo Industries (BOM:522217) E10: ₹16.25 (As of Mar. 2026)

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BOM:522217 Gujarat Apollo Industries Ltd BOM:522217
57 GF Score
Price ₹356.90
GF Value ₹399.72
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Gujarat Apollo Industries E10?

Gujarat Apollo Industries BOM:522217 -3.02% 57 E10 is ₹16.25 as of Mar. 2026. GuruFocus rates BOM:522217 with a GF Score™ of 57/100 and a GF Value™ of ₹399.72 (Modestly Undervalued). 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.

Gujarat Apollo Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹16.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gujarat Apollo Industries's 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.

As of today (2026-08-11), Gujarat Apollo Industries's current stock price is ₹356.90. Gujarat Apollo Industries's E10 for the quarter that ended in Mar. 2026 was ₹16.25. Gujarat Apollo Industries's Shiller PE Ratio of today is 21.96.

During the past 13 years, the highest Shiller PE Ratio of Gujarat Apollo Industries was 30.82. The lowest was 13.33. And the median was 22.50.


Gujarat Apollo Industries  (BOM:522217) 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.

Gujarat Apollo Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=356.90/16.25
=21.96

* 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 Gujarat Apollo Industries was 30.82. The lowest was 13.33. And the median was 22.50.


Be Aware

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


Gujarat Apollo Industries E10 Related Terms


Gujarat Apollo Industries E10 Historical Data

* Premium members only.

The historical data trend for Gujarat Apollo Industries'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.

Gujarat Apollo Industries E10 Chart

Gujarat Apollo Industries 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 0.00 0.00 16.71 16.25

Gujarat Apollo Industries 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 16.71 16.55 16.55 16.23 16.25

BOM:522217 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Gujarat Apollo Industries'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.


Gujarat Apollo Industries Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gujarat Apollo Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat Apollo Industries's Shiller PE Ratio falls into.


BOM:522217
57GF Score
Gujarat Apollo Industries Ltd BOM:522217
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Apollo Industries 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, Gujarat Apollo Industries'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)
=1.4/164.2724*164.2724
=1.400

Current CPI (Mar. 2026) = 164.2724.

Gujarat Apollo Industries Quarterly Data

per share eps CPI Adj_EPS
201209 1.430 82.244 2.856
201212 3.900 83.774 7.647
201303 8.720 85.687 16.717
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 -0.580 111.317 -0.856
201809 5.240 115.142 7.476
201812 2.243 115.142 3.200
201903 0.120 118.202 0.167
201906 1.249 120.880 1.697
201909 6.275 123.175 8.369
201912 1.210 126.235 1.575
202003 0.491 124.705 0.647
202006 98.400 127.000 127.278
202009 -62.757 130.118 -79.230
202012 3.330 130.889 4.179
202103 -2.160 131.771 -2.693
202106 1.590 134.084 1.948
202109 3.040 135.847 3.676
202112 1.280 138.161 1.522
202203 2.133 138.822 2.524
202206 2.500 142.347 2.885
202209 5.650 144.661 6.416
202212 2.100 145.763 2.367
202303 4.144 146.865 4.635
202306 2.750 150.280 3.006
202309 4.420 151.492 4.793
202312 3.750 152.924 4.028
202403 -1.530 153.035 -1.642
202406 3.370 155.789 3.554
202409 4.060 157.882 4.224
202412 1.980 158.323 2.054
202503 -7.420 157.552 -7.737
202506 0.960 159.755 0.987
202509 1.970 162.289 1.994
202512 0.510 163.281 0.513
202603 1.400 164.272 1.400

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 ₹16.25 mean?
Gujarat Apollo Industries (BOM:522217) has a E10 of ₹16.25 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gujarat Apollo Industries and its competitors.
Is Gujarat Apollo Industries' E10 too high?
Gujarat Apollo Industries' current E10 is ₹16.25. Overall, Gujarat Apollo Industries has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Apollo Industries' E10 compare to GEV and ETN?
Gujarat Apollo Industries' E10 of ₹16.25 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Gujarat Apollo Industries and its competitors. Gujarat Apollo Industries's current E10 is ₹16.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Apollo Industries stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Apollo Industries (BOM:522217) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹399.72, compared to a current price of ₹356.90 — trading 10.7% below its estimated fair value. The current E10 is ₹16.25. Gujarat Apollo Industries' overall GF Score™ is 57/100 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 Gujarat Apollo Industries (BOM:522217), the current E10 is ₹16.25 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 Gujarat Apollo Industries (BOM:522217) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Apollo Industries stock appears to be undervalued. The current stock price of ₹356.90 is trading 10.7% below its estimated GF Value™ of ₹399.72. GuruFocus considers Gujarat Apollo Industries to be Modestly Undervalued.

Key valuation signals for BOM:522217:

  • E10: ₹16.25
  • GF Value™: ₹399.72 vs. price of ₹356.90 (10.7% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the BOM:522217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat Apollo Industries Business Description

Other Exchanges GUJAPOLLO:India
Address Science City Road, 1403-1405, The Capital 2, Sola, Ahmedabad, GJ, IND, 380060
Gujarat Apollo Industries Ltd is an Indian manufacturer specializing in mining, road construction, and maintenance machinery. The company offers a wide range of high-quality crushing and screening equipment, asphalt road construction machinery, and related allied equipment. Gujarat Apollo serves industries like mining, construction, quarries, and recycling with high-tech, energy-efficient machinery. Its revenue comes from the sale of durable equipment and machinery designed to support infrastructure development across India and abroad. The Company operates in the single segment of manufacturing and sale of Construction and Mining Machineries, and Spare Parts thereof.
57GF Score

Get the complete analysis for BOM:522217

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

₹356.90
Price
₹399.72
GF Value