Eimco Elecon India (BOM:523708) E10: ₹50.14 (As of Mar. 2026)


BOM:523708 Eimco Elecon India Ltd BOM:523708
81 GF Score
Price ₹1,844.90
GF Value ₹1,821.66
Valuation Fairly Valued
! 7 Warning Signs
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What is Eimco Elecon India E10?

Eimco Elecon India BOM:523708 +0.27% 81 E10 is ₹50.14 as of Mar. 2026. GuruFocus rates BOM:523708 with a GF Score™ of 81/100 and a GF Value™ of ₹1,821.66 (Fairly Valued). The stock has 7 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.

Eimco Elecon India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹11.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹50.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Eimco Elecon India's average E10 Growth Rate was 8.20% per year. During the past 3 years, the average E10 Growth Rate was 8.00% per year. During the past 5 years, the average E10 Growth Rate was 5.10% 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 Eimco Elecon India was 8.00% per year. The lowest was 0.20% per year. And the median was 4.15% per year.

As of today (2026-07-06), Eimco Elecon India's current stock price is ₹1844.90. Eimco Elecon India's E10 for the quarter that ended in Mar. 2026 was ₹50.14. Eimco Elecon India's Shiller PE Ratio of today is 36.79.

During the past 13 years, the highest Shiller PE Ratio of Eimco Elecon India was 72.93. The lowest was 4.96. And the median was 11.87.


Eimco Elecon India  (BOM:523708) 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.

Eimco Elecon India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1844.90/50.14
=36.79

* 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 Eimco Elecon India was 72.93. The lowest was 4.96. And the median was 11.87.


Be Aware

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


Eimco Elecon India E10 Related Terms


Eimco Elecon India E10 Historical Data

* Premium members only.

The historical data trend for Eimco Elecon 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.

Eimco Elecon India E10 Chart

Eimco Elecon 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 38.86 39.82 42.66 46.34 50.14

Eimco Elecon 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 46.34 49.07 49.56 51.25 50.14

BOM:523708 vs CAT, DE, PCAR: E10 Comparison

For the Farm & Heavy Construction Machinery subindustry, Eimco Elecon 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.


Eimco Elecon India Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where Eimco Elecon India's Shiller PE Ratio falls into.


BOM:523708
81GF Score
Eimco Elecon India Ltd BOM:523708
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eimco Elecon 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, Eimco Elecon 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)
=11.03/164.2724*164.2724
=11.030

Current CPI (Mar. 2026) = 164.2724.

Eimco Elecon India Quarterly Data

per share eps CPI Adj_EPS
201606 3.520 105.961 5.457
201609 4.880 105.961 7.566
201612 7.940 105.196 12.399
201703 26.510 105.196 41.398
201706 3.520 107.109 5.399
201709 -0.430 109.021 -0.648
201712 10.030 109.404 15.060
201803 15.100 109.786 22.594
201806 6.230 111.317 9.194
201809 7.690 115.142 10.971
201812 12.650 115.142 18.048
201903 13.610 118.202 18.915
201906 1.690 120.880 2.297
201909 7.740 123.175 10.322
201912 4.970 126.235 6.468
202003 2.040 124.705 2.687
202006 8.810 127.000 11.396
202009 4.790 130.118 6.047
202012 5.510 130.889 6.915
202103 0.440 131.771 0.549
202106 3.020 134.084 3.700
202109 2.170 135.847 2.624
202112 3.290 138.161 3.912
202203 6.560 138.822 7.763
202206 -2.250 142.347 -2.597
202209 10.570 144.661 12.003
202212 8.510 145.763 9.591
202303 17.010 146.865 19.026
202306 10.790 150.280 11.795
202309 20.460 151.492 22.186
202312 13.080 152.924 14.051
202403 25.730 153.035 27.619
202406 25.630 155.789 27.026
202409 22.640 157.882 23.556
202412 10.730 158.323 11.133
202503 25.780 157.552 26.880
202506 25.110 159.755 25.820
202509 9.280 162.289 9.393
202512 21.700 163.281 21.832
202603 11.030 164.272 11.030

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 ₹50.14 mean?
Eimco Elecon India (BOM:523708) has a E10 of ₹50.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Eimco Elecon India and its competitors.
Is Eimco Elecon India's E10 too high?
Eimco Elecon India's current E10 is ₹50.14. Overall, Eimco Elecon India has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eimco Elecon India's E10 compare to CAT and DE?
Eimco Elecon India's E10 of ₹50.14 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 Eimco Elecon India and its competitors. Eimco Elecon India's current E10 is ₹50.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eimco Elecon India stock overvalued right now?
Based on GuruFocus' analysis, Eimco Elecon India (BOM:523708) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,821.66, compared to a current price of ₹1,844.90 — trading 1.3% above its estimated fair value. The current E10 is ₹50.14. Eimco Elecon India's overall GF Score™ is 81/100 with 7 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 Eimco Elecon India (BOM:523708), the current E10 is ₹50.14 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 Eimco Elecon India (BOM:523708) Overvalued in 2026?

Based on GuruFocus' analysis, Eimco Elecon India stock appears to be overvalued. The current stock price of ₹1,844.90 is trading 1.3% above its estimated GF Value™ of ₹1,821.66. GuruFocus considers Eimco Elecon India to be Fairly Valued.

Key valuation signals for BOM:523708:

  • E10: ₹50.14
  • GF Value™: ₹1,821.66 vs. price of ₹1,844.90 (1.3% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the BOM:523708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eimco Elecon India Business Description

Other Exchanges EIMCOELECO:India
Address Anand-Sojitra Road, District Anand, Vallabh Vidyanagar, GJ, IND, 388120
Eimco Elecon India Ltd is engaged in the business of manufacturing and supplying equipment for the mining and construction sector. Its products include Load Haul Dumpers (LHDs), Side Dump Loaders, Coal Haulers, Drilling Equipment, Continuous Miner Package, Chair Lift Man Riding System, UV-A-BE (Fully Battery Operated - Multi Utility Vehicle), and MCAR-E (Fully Battery Operated - Passenger Vehicle). The company operates in one segment, Machinery and Spares. It sells its products in India, which generates the majority of revenue, and also exports them to other countries.
81GF Score

Get the complete analysis for BOM:523708

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

₹1,844.90
Price
₹1,821.66
GF Value