Mini Diamonds (India) (BOM:523373) E10: ₹-0.39 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:523373 Mini Diamonds (India) Ltd BOM:523373
60 GF Score
Price ₹5.18
GF Value ₹4.75
Valuation Fairly Valued
! 5 Warning Signs
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What is Mini Diamonds (India) E10?

Mini Diamonds (India) BOM:523373 -0.96% 60 E10 is ₹-0.39 as of Mar. 2026. GuruFocus rates BOM:523373 with a GF Score™ of 60/100 and a GF Value™ of ₹4.75 (Fairly Valued). 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.

Mini Diamonds (India)'s adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-5.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mini Diamonds (India)'s average E10 Growth Rate was -425.00% 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 Mini Diamonds (India) was 81.70% per year. The lowest was 65.10% per year. And the median was 73.40% per year.

As of today (2026-08-08), Mini Diamonds (India)'s current stock price is ₹5.18. Mini Diamonds (India)'s E10 for the quarter that ended in Mar. 2026 was ₹-0.39. Mini Diamonds (India)'s Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Mini Diamonds (India) was 178.04. The lowest was 21.00. And the median was 68.75.


Mini Diamonds (India)  (BOM:523373) 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.

During the past 13 years, the highest Shiller P/E Ratio of Mini Diamonds (India) was 178.04. The lowest was 21.00. And the median was 68.75.


Be Aware

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


Mini Diamonds (India) E10 Related Terms


Mini Diamonds (India) E10 Historical Data

* Premium members only.

The historical data trend for Mini Diamonds (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.

Mini Diamonds (India) E10 Chart

Mini Diamonds (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 0.02 0.04 0.09 0.12 -0.39

Mini Diamonds (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 0.12 0.12 0.13 0.14 -0.39

BOM:523373 vs TPR: E10 Comparison

For the Luxury Goods subindustry, Mini Diamonds (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.


Mini Diamonds (India) Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mini Diamonds (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mini Diamonds (India)'s Shiller PE Ratio falls into.


BOM:523373
60GF Score
Mini Diamonds (India) Ltd BOM:523373
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mini Diamonds (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, Mini Diamonds (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)
=-5.26/164.2724*164.2724
=-5.260

Current CPI (Mar. 2026) = 164.2724.

Mini Diamonds (India) Quarterly Data

per share eps CPI Adj_EPS
201606 0.090 105.961 0.140
201609 0.050 105.961 0.078
201612 0.073 105.196 0.114
201703 -0.044 105.196 -0.069
201706 0.032 107.109 0.049
201709 0.047 109.021 0.071
201712 0.018 109.404 0.027
201803 -0.009 109.786 -0.013
201806 0.034 111.317 0.050
201809 0.003 115.142 0.004
201812 -0.091 115.142 -0.130
201903 -0.269 118.202 -0.374
201906 0.001 120.880 0.001
201909 0.006 123.175 0.008
201912 0.046 126.235 0.060
202003 -0.332 124.705 -0.437
202006 -0.023 127.000 -0.030
202009 -0.009 130.118 -0.011
202012 0.007 130.889 0.009
202103 0.067 131.771 0.084
202106 0.023 134.084 0.028
202109 0.075 135.847 0.091
202112 0.026 138.161 0.031
202203 -0.061 138.822 -0.072
202206 0.085 142.347 0.098
202209 0.040 144.661 0.045
202212 0.069 145.763 0.078
202303 -0.031 146.865 -0.035
202306 0.042 150.280 0.046
202309 -0.164 151.492 -0.178
202312 0.355 152.924 0.381
202403 0.370 153.035 0.397
202406 0.515 155.789 0.543
202409 0.087 157.882 0.091
202412 0.460 158.323 0.477
202503 -0.585 157.552 -0.610
202506 0.076 159.755 0.078
202509 0.111 162.289 0.112
202512 0.120 163.281 0.121
202603 -5.260 164.272 -5.260

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 ₹-0.39 mean?
Mini Diamonds (India) (BOM:523373) has a E10 of ₹-0.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mini Diamonds (India) and its competitors.
Is Mini Diamonds (India)'s E10 too high?
Mini Diamonds (India)'s current E10 is ₹-0.39. Overall, Mini Diamonds (India) has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mini Diamonds (India)'s E10 compare to TPR?
Mini Diamonds (India)'s E10 of ₹-0.39 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Mini Diamonds (India) and its competitors. Mini Diamonds (India)'s current E10 is ₹-0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mini Diamonds (India) stock overvalued right now?
Based on GuruFocus' analysis, Mini Diamonds (India) (BOM:523373) is currently considered Fairly Valued. The stock's GF Value™ is ₹4.75, compared to a current price of ₹5.18 — trading 9.1% above its estimated fair value. The current E10 is ₹-0.39. Mini Diamonds (India)'s overall GF Score™ is 60/100 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 Mini Diamonds (India) (BOM:523373), the current E10 is ₹-0.39 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 Mini Diamonds (India) (BOM:523373) Overvalued in 2026?

Based on GuruFocus' analysis, Mini Diamonds (India) stock appears to be overvalued. The current stock price of ₹5.18 is trading 9.1% above its estimated GF Value™ of ₹4.75. GuruFocus considers Mini Diamonds (India) to be Fairly Valued.

Key valuation signals for BOM:523373:

  • E10: ₹-0.39
  • GF Value™: ₹4.75 vs. price of ₹5.18 (9.1% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the BOM:523373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mini Diamonds (India) Business Description

Address DW-9020, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
Mini Diamonds (India) Ltd is engaged in cutting and polishing of diamonds and trading. The diamonds provided by the company include cut and polished diamonds with all modern machinery like Sarin Technology, Auto Bruting Machines, Semi Automatic Polishing Mills, Sawing Machines, etc. It operates in one segment, which is Jewellery manufacturing. Geographically, the company generates revenue from Belgium, UAE, Canada, Hong Kong, and India, with the majority of revenue generated from India.
60GF Score

Get the complete analysis for BOM:523373

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

₹5.18
Price
₹4.75
GF Value