DHP India (BOM:531306) E10: ₹90.46 (As of Jun. 2026)

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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.
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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:531306 DHP India Ltd BOM:531306
72 GF Score
Price ₹506.05
GF Value ₹751.45
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is DHP India E10?

DHP India BOM:531306 -0.37% 72 E10 is ₹90.46 as of Jun. 2026. GuruFocus rates BOM:531306 with a GF Score™ of 72/100 and a GF Value™ of ₹751.45 (Possible Value Trap). 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.

DHP India's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹15.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹90.46 for the trailing ten years ended in Jun. 2026.

During the past 12 months, DHP India's average E10 Growth Rate was 5.20% per year. During the past 3 years, the average E10 Growth Rate was 16.60% per year. During the past 5 years, the average E10 Growth Rate was 19.70% 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 DHP India was 21.20% per year. The lowest was 16.60% per year. And the median was 20.00% per year.

As of today (2026-08-27), DHP India's current stock price is ₹506.05. DHP India's E10 for the quarter that ended in Jun. 2026 was ₹90.46. DHP India's Shiller PE Ratio of today is 5.59.

During the past 13 years, the highest Shiller PE Ratio of DHP India was 31.40. The lowest was 5.01. And the median was 11.62.


DHP India  (BOM:531306) 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.

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

Shiller PE Ratio=Share Price/E10
=506.05/90.46
=5.59

* 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 DHP India was 31.40. The lowest was 5.01. And the median was 11.62.


Be Aware

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


DHP India E10 Related Terms


DHP India E10 Historical Data

* Premium members only.

The historical data trend for DHP 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.

DHP India E10 Chart

DHP 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 46.95 55.70 62.77 83.66 88.33

DHP India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 86.01 86.80 87.33 88.33 90.46

BOM:531306 vs SNA, RBC, SWK: E10 Comparison

For the Tools & Accessories subindustry, DHP 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.


DHP India Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DHP India's Shiller PE Ratio distribution charts can be found below:

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


BOM:531306
72GF Score
DHP India Ltd BOM:531306
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHP 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, DHP India's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.66/167.3573*167.3573
=15.660

Current CPI (Jun. 2026) = 167.3573.

DHP India Quarterly Data

per share eps CPI Adj_EPS
201609 9.510 105.961 15.020
201612 4.170 105.196 6.634
201703 15.940 105.196 25.359
201706 9.300 107.109 14.531
201709 10.170 109.021 15.612
201712 18.780 109.404 28.728
201803 9.300 109.786 14.177
201806 5.250 111.317 7.893
201809 13.530 115.142 19.666
201812 5.880 115.142 8.547
201903 8.950 118.202 12.672
201906 5.330 120.880 7.379
201909 7.460 123.175 10.136
201912 8.670 126.235 11.494
202003 -11.150 124.705 -14.964
202006 22.110 127.000 29.136
202009 15.040 130.118 19.344
202012 13.140 130.889 16.801
202103 26.840 131.771 34.089
202106 14.560 134.084 18.173
202109 37.710 135.847 46.457
202112 25.160 138.161 30.477
202203 41.260 138.822 49.741
202206 36.670 142.347 43.113
202209 28.160 144.661 32.578
202212 10.280 145.763 11.803
202303 2.990 146.865 3.407
202306 13.820 150.280 15.390
202309 70.960 151.492 78.391
202312 -1.210 152.924 -1.324
202403 4.440 153.035 4.856
202406 2.060 155.789 2.213
202409 0.640 157.882 0.678
202412 3.260 158.323 3.446
202503 215.823 157.552 229.255
202506 15.220 159.755 15.944
202509 3.870 162.289 3.991
202512 4.110 163.281 4.213
202603 13.658 164.272 13.914
202606 15.660 167.357 15.660

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 ₹90.46 mean?
DHP India (BOM:531306) has a E10 of ₹90.46 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DHP India and its competitors.
Is DHP India's E10 too high?
DHP India's current E10 is ₹90.46. Overall, DHP India has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DHP India's E10 compare to SNA and RBC?
DHP India's E10 of ₹90.46 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 DHP India and its competitors. DHP India's current E10 is ₹90.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHP India stock overvalued right now?
Based on GuruFocus' analysis, DHP India (BOM:531306) is currently considered Possible Value Trap. The stock's GF Value™ is ₹751.45, compared to a current price of ₹506.05 — trading 32.7% below its estimated fair value. The current E10 is ₹90.46. DHP India's overall GF Score™ is 72/100 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 DHP India (BOM:531306), the current E10 is ₹90.46 as of Jun. 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 DHP India (BOM:531306) Overvalued in 2026?

Based on GuruFocus' analysis, DHP India stock appears to be undervalued. The current stock price of ₹506.05 is trading 32.7% below its estimated GF Value™ of ₹751.45. GuruFocus considers DHP India to be Possible Value Trap.

Key valuation signals for BOM:531306:

  • E10: ₹90.46
  • GF Value™: ₹751.45 vs. price of ₹506.05 (32.7% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the BOM:531306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHP India Business Description

Address 42A, Park Street, 7B, Shreelekha, 7th Floor, Kolkata, WB, IND, 700 016
DHP India Ltd is an India-based company, which is engaged in the manufacturing of engineering goods, such as liquefied petroleum gas (LPG) regulators, accessories, and related brass items. The company's products include Propane Regulators, Butane Regulators, LPG Regulators, Hose Assemblies, and Brass Fittings. It sells its products in the domestic, as well as export markets.
72GF Score

Get the complete analysis for BOM:531306

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

₹506.05
Price
₹751.45
GF Value