Electrotherm (India) (BOM:526608) E10: ₹62.98 (As of Mar. 2026)


BOM:526608 Electrotherm (India) Ltd BOM:526608
51 GF Score
Price ₹1,169.50
GF Value ₹726.32
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Electrotherm (India) E10?

Electrotherm (India) BOM:526608 +2.09% 51 E10 is ₹62.98 as of Mar. 2026. GuruFocus rates BOM:526608 with a GF Score™ of 51/100 and a GF Value™ of ₹726.32 (Significantly Overvalued). The stock has 6 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.

Electrotherm (India)'s adjusted earnings per share data for the three months ended in Mar. 2026 was ₹10.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹62.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Electrotherm (India)'s average E10 Growth Rate was 101.10% 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.

As of today (2026-06-30), Electrotherm (India)'s current stock price is ₹1169.50. Electrotherm (India)'s E10 for the quarter that ended in Mar. 2026 was ₹62.98. Electrotherm (India)'s Shiller PE Ratio of today is 18.57.

During the past 13 years, the highest Shiller PE Ratio of Electrotherm (India) was 362.96. The lowest was 9.39. And the median was 32.24.


Electrotherm (India)  (BOM:526608) 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.

Electrotherm (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1169.50/62.98
=18.57

* 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 Electrotherm (India) was 362.96. The lowest was 9.39. And the median was 32.24.


Be Aware

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


Electrotherm (India) E10 Related Terms


Electrotherm (India) E10 Historical Data

* Premium members only.

The historical data trend for Electrotherm (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.

Electrotherm (India) E10 Chart

Electrotherm (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 0.00 0.00 -15.10 31.31 62.98

Electrotherm (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 31.31 33.48 30.92 26.92 62.98

BOM:526608 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Electrotherm (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.


Electrotherm (India) Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Electrotherm (India)'s Shiller PE Ratio distribution charts can be found below:

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


BOM:526608
51GF Score
Electrotherm (India) Ltd BOM:526608
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrotherm (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, Electrotherm (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)
=10.7/164.2724*164.2724
=10.700

Current CPI (Mar. 2026) = 164.2724.

Electrotherm (India) Quarterly Data

per share eps CPI Adj_EPS
201209 0.000 82.244 0.000
201306 -31.260 88.365 -58.113
201309 -114.520 91.042 -206.634
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 6.900 111.317 10.182
201809 11.410 115.142 16.279
201812 36.260 115.142 51.732
201903 56.780 118.202 78.911
201906 29.590 120.880 40.212
201909 21.530 123.175 28.713
201912 5.800 126.235 7.548
202003 -37.990 124.705 -50.044
202006 -38.950 127.000 -50.381
202009 -15.420 130.118 -19.468
202012 36.880 130.889 46.286
202103 56.340 131.771 70.237
202106 17.390 134.084 21.305
202109 -20.570 135.847 -24.874
202112 -10.660 138.161 -12.675
202203 -17.830 138.822 -21.099
202206 -35.100 142.347 -40.506
202209 -12.540 144.661 -14.240
202212 5.740 145.763 6.469
202303 32.630 146.865 36.498
202306 30.370 150.280 33.198
202309 53.010 151.492 57.482
202312 84.050 152.924 90.287
202403 81.650 153.035 87.646
202406 85.430 155.789 90.082
202409 46.680 157.882 48.569
202412 69.340 158.323 71.946
202503 145.600 157.552 151.811
202506 21.780 159.755 22.396
202509 -16.970 162.289 -17.177
202512 -27.800 163.281 -27.969
202603 10.700 164.272 10.700

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 ₹62.98 mean?
Electrotherm (India) (BOM:526608) has a E10 of ₹62.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Electrotherm (India) and its competitors.
Is Electrotherm (India)'s E10 too high?
Electrotherm (India)'s current E10 is ₹62.98. Overall, Electrotherm (India) has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electrotherm (India)'s E10 compare to NUE and STLD?
Electrotherm (India)'s E10 of ₹62.98 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Electrotherm (India) and its competitors. Electrotherm (India)'s current E10 is ₹62.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrotherm (India) stock overvalued right now?
Based on GuruFocus' analysis, Electrotherm (India) (BOM:526608) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹726.32, compared to a current price of ₹1,169.50 — trading 61% above its estimated fair value. The current E10 is ₹62.98. Electrotherm (India)'s overall GF Score™ is 51/100 with 6 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 Electrotherm (India) (BOM:526608), the current E10 is ₹62.98 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 Electrotherm (India) (BOM:526608) Overvalued in 2026?

Based on GuruFocus' analysis, Electrotherm (India) stock appears to be overvalued. The current stock price of ₹1,169.50 is trading 61% above its estimated GF Value™ of ₹726.32. GuruFocus considers Electrotherm (India) to be Significantly Overvalued.

Key valuation signals for BOM:526608:

  • E10: ₹62.98
  • GF Value™: ₹726.32 vs. price of ₹1,169.50 (61% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the BOM:526608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electrotherm (India) Business Description

Other Exchanges ELECTHERM:India
Address Survey Number 72, Taluka Kalol, Palodia, Via Thaltej, Gandhinagar, Ahmedabad, GJ, IND, 382115
Electrotherm (India) Ltd is an Indian company involved in the metal fabrication business sector. The company manufactures induction furnaces, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/ bars/ ingots, ductile iron pipes, transmission line towers, battery-operated vehicles and services relating to steel melting, and other capital equipment. The operating segments of the company include Engineering and Technology, Special Steel, Electric Vehicles, and Others. The company generates maximum revenue from the Special Steel segment. Geographically, the company derives revenue from India.
51GF Score

Get the complete analysis for BOM:526608

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

₹1,169.50
Price
₹726.32
GF Value