Marble City India (BOM:531281) E10: ₹0.48 (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:531281 Marble City India Ltd BOM:531281
58 GF Score
Price ₹121.55
GF Value ₹94.44
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Marble City India E10?

Marble City India BOM:531281 +0.08% 58 E10 is ₹0.48 as of Mar. 2026. GuruFocus rates BOM:531281 with a GF Score™ of 58/100 and a GF Value™ of ₹94.44 (Modestly 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.

Marble City India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Marble City India's average E10 Growth Rate was 71.40% per year. During the past 3 years, the average E10 Growth Rate was -6.10% per year. During the past 5 years, the average E10 Growth Rate was -12.70% 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 Marble City India was -6.10% per year. The lowest was -23.70% per year. And the median was -18.40% per year.

As of today (2026-08-12), Marble City India's current stock price is ₹121.55. Marble City India's E10 for the quarter that ended in Mar. 2026 was ₹0.48. Marble City India's Shiller PE Ratio of today is 253.23.

During the past 13 years, the highest Shiller PE Ratio of Marble City India was 1588.75. The lowest was 3.03. And the median was 29.05.


Marble City India  (BOM:531281) 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.

Marble City India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=121.55/0.48
=253.23

* 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 Marble City India was 1588.75. The lowest was 3.03. And the median was 29.05.


Be Aware

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


Marble City India E10 Related Terms


Marble City India E10 Historical Data

* Premium members only.

The historical data trend for Marble City 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.

Marble City India E10 Chart

Marble City 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 0.63 0.58 0.38 0.28 0.48

Marble City 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 0.28 0.35 0.41 0.44 0.48

BOM:531281 vs TT, JCI, CARR: E10 Comparison

For the Building Products & Equipment subindustry, Marble City 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.


Marble City India Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Marble City India's Shiller PE Ratio distribution charts can be found below:

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


BOM:531281
58GF Score
Marble City India Ltd BOM:531281
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marble City 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, Marble City 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)
=0.65/164.2724*164.2724
=0.650

Current CPI (Mar. 2026) = 164.2724.

Marble City India Quarterly Data

per share eps CPI Adj_EPS
201606 0.115 105.961 0.178
201609 0.200 105.961 0.310
201612 0.260 105.196 0.406
201703 -0.080 105.196 -0.125
201706 0.530 107.109 0.813
201709 0.130 109.021 0.196
201712 0.145 109.404 0.218
201803 -0.675 109.786 -1.010
201806 0.185 111.317 0.273
201809 0.210 115.142 0.300
201812 0.240 115.142 0.342
201903 0.267 118.202 0.371
201906 0.430 120.880 0.584
201909 0.340 123.175 0.453
201912 0.160 126.235 0.208
202003 0.059 124.705 0.078
202006 -1.690 127.000 -2.186
202009 -1.910 130.118 -2.411
202012 -0.570 130.889 -0.715
202103 3.110 131.771 3.877
202106 0.040 134.084 0.049
202109 0.050 135.847 0.060
202112 0.100 138.161 0.119
202203 0.310 138.822 0.367
202206 0.140 142.347 0.162
202209 0.160 144.661 0.182
202212 0.250 145.763 0.282
202303 0.110 146.865 0.123
202306 0.150 150.280 0.164
202309 0.040 151.492 0.043
202312 -0.690 152.924 -0.741
202403 -1.040 153.035 -1.116
202406 -2.120 155.789 -2.235
202409 0.060 157.882 0.062
202412 0.090 158.323 0.093
202503 1.950 157.552 2.033
202506 0.820 159.755 0.843
202509 1.080 162.289 1.093
202512 0.420 163.281 0.423
202603 0.650 164.272 0.650

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 ₹0.48 mean?
Marble City India (BOM:531281) has a E10 of ₹0.48 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marble City India and its competitors.
Is Marble City India's E10 too high?
Marble City India's current E10 is ₹0.48. Overall, Marble City India has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marble City India's E10 compare to TT and JCI?
Marble City India's E10 of ₹0.48 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 Marble City India and its competitors. Marble City India's current E10 is ₹0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marble City India stock overvalued right now?
Based on GuruFocus' analysis, Marble City India (BOM:531281) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹94.44, compared to a current price of ₹121.55 — trading 28.7% above its estimated fair value. The current E10 is ₹0.48. Marble City India's overall GF Score™ is 58/100 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 Marble City India (BOM:531281), the current E10 is ₹0.48 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 Marble City India (BOM:531281) Overvalued in 2026?

Based on GuruFocus' analysis, Marble City India stock appears to be overvalued. The current stock price of ₹121.55 is trading 28.7% above its estimated GF Value™ of ₹94.44. GuruFocus considers Marble City India to be Modestly Overvalued.

Key valuation signals for BOM:531281:

  • E10: ₹0.48
  • GF Value™: ₹94.44 vs. price of ₹121.55 (28.7% above fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the BOM:531281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marble City India Business Description

Address Kailash Colony, A-30, S-11, Second Floor, New Delhi, IND, 110048
Marble City India Ltd is mainly engaged in the business activity of manufacturing and trading of marbles and slabs. It is involved in cutting, finishing, and trading imported marbles. The company supplies its products for projects such as hotels, shopping malls, premium residential complexes, clubs, motels, factories, offices, and others. The company's marble are imported from countries: Italy, Spain, Greece, Turkey, Brazil and Norway. The group majorly markets its products in India.
58GF Score

Get the complete analysis for BOM:531281

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

₹121.55
Price
₹94.44
GF Value