Twentyfirst Century Management Services (BOM:526921) E10: ₹-2.51 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:526921 Twentyfirst Century Management Services Ltd BOM:526921
38 GF Score
Price ₹33.84
! 5 Warning Signs
View Full Analysis

What is Twentyfirst Century Management Services E10?

Twentyfirst Century Management Services BOM:526921 +1.84% 38 E10 is ₹-2.51 as of Mar. 2026. GuruFocus rates BOM:526921 with a GF Score™ of 38/100. 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.

Twentyfirst Century Management Services's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-12.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-2.51 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -8.40% 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 Twentyfirst Century Management Services was -8.40% per year. The lowest was -81.70% per year. And the median was -45.05% per year.

As of today (2026-07-19), Twentyfirst Century Management Services's current stock price is ₹33.84. Twentyfirst Century Management Services's E10 for the quarter that ended in Mar. 2026 was ₹-2.51. Twentyfirst Century Management Services's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Twentyfirst Century Management Services was 89.76. The lowest was 28.65. And the median was 50.00.


Twentyfirst Century Management Services  (BOM:526921) 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 Twentyfirst Century Management Services was 89.76. The lowest was 28.65. And the median was 50.00.


Be Aware

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


Twentyfirst Century Management Services E10 Related Terms


Twentyfirst Century Management Services E10 Historical Data

* Premium members only.

The historical data trend for Twentyfirst Century Management Services'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.

Twentyfirst Century Management Services E10 Chart

Twentyfirst Century Management Services 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 -0.20 -1.97 1.12 -1.20 -2.51

Twentyfirst Century Management Services 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 -1.20 -1.94 -2.59 -5.18 -2.51

BOM:526921 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Twentyfirst Century Management Services'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.


Twentyfirst Century Management Services Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Twentyfirst Century Management Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Twentyfirst Century Management Services's Shiller PE Ratio falls into.


BOM:526921
38GF Score
Twentyfirst Century Management Services Ltd BOM:526921
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Twentyfirst Century Management Services 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, Twentyfirst Century Management Services'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)
=-12.26/164.2724*164.2724
=-12.260

Current CPI (Mar. 2026) = 164.2724.

Twentyfirst Century Management Services Quarterly Data

per share eps CPI Adj_EPS
201606 1.120 105.961 1.736
201609 8.550 105.961 13.255
201612 -10.330 105.196 -16.131
201703 4.210 105.196 6.574
201706 5.710 107.109 8.757
201709 -16.000 109.021 -24.109
201712 9.670 109.404 14.520
201803 -5.470 109.786 -8.185
201806 5.180 111.317 7.644
201809 -11.560 115.142 -16.493
201812 -6.790 115.142 -9.687
201903 7.510 118.202 10.437
201906 -5.330 120.880 -7.243
201909 0.710 123.175 0.947
201912 -2.110 126.235 -2.746
202003 -23.820 124.705 -31.378
202006 -0.060 127.000 -0.078
202009 -0.750 130.118 -0.947
202012 5.670 130.889 7.116
202103 -0.110 131.771 -0.137
202106 9.820 134.084 12.031
202109 29.060 135.847 35.141
202112 -15.660 138.161 -18.620
202203 -9.250 138.822 -10.946
202206 -4.280 142.347 -4.939
202209 -1.580 144.661 -1.794
202212 -3.870 145.763 -4.361
202303 -7.460 146.865 -8.344
202306 -2.640 150.280 -2.886
202309 2.190 151.492 2.375
202312 15.270 152.924 16.403
202403 15.820 153.035 16.982
202406 23.280 155.789 24.548
202409 2.300 157.882 2.393
202412 -3.100 158.323 -3.216
202503 -10.290 157.552 -10.729
202506 2.200 159.755 2.262
202509 -7.510 162.289 -7.602
202512 -5.340 163.281 -5.372
202603 -12.260 164.272 -12.260

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 ₹-2.51 mean?
Twentyfirst Century Management Services (BOM:526921) has a E10 of ₹-2.51 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Twentyfirst Century Management Services and its competitors.
Is Twentyfirst Century Management Services' E10 too high?
Twentyfirst Century Management Services' current E10 is ₹-2.51. Overall, Twentyfirst Century Management Services has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Twentyfirst Century Management Services' E10 compare to MS and GS?
Twentyfirst Century Management Services' E10 of ₹-2.51 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Twentyfirst Century Management Services and its competitors. Twentyfirst Century Management Services's current E10 is ₹-2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twentyfirst Century Management Services stock overvalued right now?
Twentyfirst Century Management Services (BOM:526921) has a current E10 of ₹-2.51. The current E10 is ₹-2.51. Twentyfirst Century Management Services' overall GF Score™ is 38/100 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 Twentyfirst Century Management Services (BOM:526921), the current E10 is ₹-2.51 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.

Twentyfirst Century Management Services Business Description

Other Exchanges 21STCENMGM:India
Address Zakaria Bunder Road, 1st Flooor, 2B, Grease House, Sewree (West), Mumbai, MH, IND, 400015
Twentyfirst Century Management Services Ltd is engaged in the capital markets business sector. The company is engaged in investments and trading in Capital Market and Futures & Options segment. It invests in shares and trades in shares and derivatives. The company has one business segment which is Capital Market Operations. It operates its business in the Indian market.
38GF Score

Get the complete analysis for BOM:526921

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

₹33.84
Price