Shelter Infra Projects (BOM:526839) E10: ₹1.94 (As of Mar. 2026)

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BOM:526839 Shelter Infra Projects Ltd BOM:526839
56 GF Score
Price ₹14.08
GF Value ₹16.68
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shelter Infra Projects E10?

Shelter Infra Projects BOM:526839 +5.00% 56 E10 is ₹1.94 as of Mar. 2026. GuruFocus rates BOM:526839 with a GF Score™ of 56/100 and a GF Value™ of ₹16.68 (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.

Shelter Infra Projects's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shelter Infra Projects's average E10 Growth Rate was 2.10% per year. During the past 3 years, the average E10 Growth Rate was 1.40% per year. During the past 5 years, the average E10 Growth Rate was 50.40% 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 Shelter Infra Projects was 85.00% per year. The lowest was 1.40% per year. And the median was 72.00% per year.

As of today (2026-07-22), Shelter Infra Projects's current stock price is ₹14.08. Shelter Infra Projects's E10 for the quarter that ended in Mar. 2026 was ₹1.94. Shelter Infra Projects's Shiller PE Ratio of today is 7.26.

During the past 13 years, the highest Shiller PE Ratio of Shelter Infra Projects was 71.33. The lowest was 2.60. And the median was 7.84.


Shelter Infra Projects  (BOM:526839) 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.

Shelter Infra Projects's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.08/1.94
=7.26

* 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 Shelter Infra Projects was 71.33. The lowest was 2.60. And the median was 7.84.


Be Aware

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


Shelter Infra Projects E10 Related Terms


Shelter Infra Projects E10 Historical Data

* Premium members only.

The historical data trend for Shelter Infra Projects'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.

Shelter Infra Projects E10 Chart

Shelter Infra Projects 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 0.30 1.86 1.68 1.90 1.94

Shelter Infra Projects 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 1.90 1.97 1.97 1.98 1.94

BOM:526839 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Shelter Infra Projects'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.


Shelter Infra Projects Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shelter Infra Projects's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shelter Infra Projects's Shiller PE Ratio falls into.


BOM:526839
56GF Score
Shelter Infra Projects Ltd BOM:526839
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shelter Infra Projects 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, Shelter Infra Projects'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)
=-0.11/164.2724*164.2724
=-0.110

Current CPI (Mar. 2026) = 164.2724.

Shelter Infra Projects Quarterly Data

per share eps CPI Adj_EPS
201606 0.240 105.961 0.372
201609 0.350 105.961 0.543
201612 0.980 105.196 1.530
201703 -1.569 105.196 -2.450
201706 0.290 107.109 0.445
201709 1.480 109.021 2.230
201712 -0.280 109.404 -0.420
201803 -0.942 109.786 -1.410
201806 13.990 111.317 20.645
201809 -0.820 115.142 -1.170
201812 0.180 115.142 0.257
201903 0.630 118.202 0.876
201906 0.570 120.880 0.775
201909 0.500 123.175 0.667
201912 0.900 126.235 1.171
202003 -3.650 124.705 -4.808
202006 1.400 127.000 1.811
202009 1.530 130.118 1.932
202012 0.740 130.889 0.929
202103 -1.160 131.771 -1.446
202106 0.950 134.084 1.164
202109 0.720 135.847 0.871
202112 0.250 138.161 0.297
202203 -3.530 138.822 -4.177
202206 0.350 142.347 0.404
202209 -0.090 144.661 -0.102
202212 -0.390 145.763 -0.440
202303 -0.970 146.865 -1.085
202306 0.050 150.280 0.055
202309 -0.020 151.492 -0.022
202312 -0.100 152.924 -0.107
202403 -0.470 153.035 -0.505
202406 0.710 155.789 0.749
202409 -0.210 157.882 -0.218
202412 0.060 158.323 0.062
202503 0.100 157.552 0.104
202506 0.350 159.755 0.360
202509 -0.290 162.289 -0.294
202512 -0.070 163.281 -0.070
202603 -0.110 164.272 -0.110

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 ₹1.94 mean?
Shelter Infra Projects (BOM:526839) has a E10 of ₹1.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shelter Infra Projects and its competitors.
Is Shelter Infra Projects' E10 too high?
Shelter Infra Projects' current E10 is ₹1.94. Overall, Shelter Infra Projects has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shelter Infra Projects' E10 compare to PWR and FIX?
Shelter Infra Projects' E10 of ₹1.94 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Shelter Infra Projects and its competitors. Shelter Infra Projects's current E10 is ₹1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shelter Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, Shelter Infra Projects (BOM:526839) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16.68, compared to a current price of ₹14.08 — trading 15.6% below its estimated fair value. The current E10 is ₹1.94. Shelter Infra Projects' overall GF Score™ is 56/100 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 Shelter Infra Projects (BOM:526839), the current E10 is ₹1.94 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 Shelter Infra Projects (BOM:526839) Overvalued in 2026?

Based on GuruFocus' analysis, Shelter Infra Projects stock appears to be undervalued. The current stock price of ₹14.08 is trading 15.6% below its estimated GF Value™ of ₹16.68. GuruFocus considers Shelter Infra Projects to be Modestly Undervalued.

Key valuation signals for BOM:526839:

  • E10: ₹1.94
  • GF Value™: ₹16.68 vs. price of ₹14.08 (15.6% below fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the BOM:526839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shelter Infra Projects Business Description

Address Eternity Building, DN-1, Salt Lake City, Sector-V, Kolkata, WB, IND, 700091
Shelter Infra Projects Ltd is engaged in the design and construction of projects related to civil, mechanical, and electrical engineering in India. The company undertakes projects like highway and railway structures, flyovers, tunnels, pipelines, underground storage reservoirs, industrial cooling towers, irrigation structures, and others. It generates maximum revenue from the rental segment.
56GF Score

Get the complete analysis for BOM:526839

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

₹14.08
Price
₹16.68
GF Value