Martin Burn (BOM:523566) E10: ₹4.33 (As of Mar. 2026)

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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.
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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:523566 Martin Burn Ltd BOM:523566
35 GF Score
Price ₹43.55
GF Value ₹2.24
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Martin Burn E10?

Martin Burn BOM:523566 -3.22% 35 E10 is ₹4.33 as of Mar. 2026. GuruFocus rates BOM:523566 with a GF Score™ of 35/100 and a GF Value™ of ₹2.24 (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.

Martin Burn's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Martin Burn's average E10 Growth Rate was 8.80% per year. During the past 3 years, the average E10 Growth Rate was 15.90% 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 Martin Burn was 15.90% per year. The lowest was 7.30% per year. And the median was 11.60% per year.

As of today (2026-07-20), Martin Burn's current stock price is ₹43.55. Martin Burn's E10 for the quarter that ended in Mar. 2026 was ₹4.33. Martin Burn's Shiller PE Ratio of today is 10.06.

During the past 13 years, the highest Shiller PE Ratio of Martin Burn was 32.82. The lowest was 9.15. And the median was 14.13.


Martin Burn  (BOM:523566) 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.

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

Shiller PE Ratio=Share Price/E10
=43.55/4.33
=10.06

* 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 Martin Burn was 32.82. The lowest was 9.15. And the median was 14.13.


Be Aware

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


Martin Burn E10 Related Terms


Martin Burn E10 Historical Data

* Premium members only.

The historical data trend for Martin Burn'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.

Martin Burn E10 Chart

Martin Burn 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 3.22 2.78 3.29 3.98 4.33

Martin Burn 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 3.98 4.03 4.19 4.27 4.33

BOM:523566 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Martin Burn'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.


Martin Burn Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Martin Burn's Shiller PE Ratio distribution charts can be found below:

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


BOM:523566
35GF Score
Martin Burn Ltd BOM:523566
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Martin Burn 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, Martin Burn'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)
=0.34/164.2724*164.2724
=0.340

Current CPI (Mar. 2026) = 164.2724.

Martin Burn Quarterly Data

per share eps CPI Adj_EPS
201606 0.510 105.961 0.791
201609 0.220 105.961 0.341
201612 0.600 105.196 0.937
201703 0.310 105.196 0.484
201706 1.960 107.109 3.006
201709 0.350 109.021 0.527
201712 0.780 109.404 1.171
201803 1.960 109.786 2.933
201806 0.540 111.317 0.797
201809 0.370 115.142 0.528
201812 0.490 115.142 0.699
201903 1.400 118.202 1.946
201906 1.040 120.880 1.413
201909 0.850 123.175 1.134
201912 0.770 126.235 1.002
202003 0.700 124.705 0.922
202006 0.850 127.000 1.099
202009 -0.240 130.118 -0.303
202012 -0.210 130.889 -0.264
202103 -0.210 131.771 -0.262
202106 0.260 134.084 0.319
202109 2.020 135.847 2.443
202112 0.830 138.161 0.987
202203 0.040 138.822 0.047
202206 0.800 142.347 0.923
202209 0.030 144.661 0.034
202212 0.680 145.763 0.766
202303 0.430 146.865 0.481
202306 0.890 150.280 0.973
202309 0.750 151.492 0.813
202312 1.010 152.924 1.085
202403 -0.350 153.035 -0.376
202406 0.930 155.789 0.981
202409 1.310 157.882 1.363
202412 1.560 158.323 1.619
202503 7.830 157.552 8.164
202506 1.640 159.755 1.686
202509 1.140 162.289 1.154
202512 0.570 163.281 0.573
202603 0.340 164.272 0.340

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 ₹4.33 mean?
Martin Burn (BOM:523566) has a E10 of ₹4.33 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Martin Burn and its competitors.
Is Martin Burn's E10 too high?
Martin Burn's current E10 is ₹4.33. Overall, Martin Burn has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Martin Burn's E10 compare to CBRE and BEKE?
Martin Burn's E10 of ₹4.33 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 Martin Burn and its competitors. Martin Burn's current E10 is ₹4.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Burn stock overvalued right now?
Based on GuruFocus' analysis, Martin Burn (BOM:523566) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.24, compared to a current price of ₹43.55 — trading 1844.2% above its estimated fair value. The current E10 is ₹4.33. Martin Burn's overall GF Score™ is 35/100 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 Martin Burn (BOM:523566), the current E10 is ₹4.33 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 Martin Burn (BOM:523566) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Burn stock appears to be overvalued. The current stock price of ₹43.55 is trading 1844.2% above its estimated GF Value™ of ₹2.24. GuruFocus considers Martin Burn to be Significantly Overvalued.

Key valuation signals for BOM:523566:

  • E10: ₹4.33
  • GF Value™: ₹2.24 vs. price of ₹43.55 (1844.2% above fair value)
  • GF Score™: 35/100 with 5 warning signs

No single metric tells the full story. See the BOM:523566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Martin Burn Business Description

Address 1, R.N. Mukherjee Road, Martin Burn House, 1st Floor, Kolkata, WB, IND, 700 001
Martin Burn Ltd is an India-based company engaged in the business of real estate development. The company's operating segment includes Construction/Property Development Business and Rent, and its related activities. It generates maximum revenue from the Rent and its related activities segment.
35GF Score

Get the complete analysis for BOM:523566

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

₹43.55
Price
₹2.24
GF Value