Maruti Infrastructure (BOM:531540) E10: ₹0.09 (As of Mar. 2026)


BOM:531540 Maruti Infrastructure Ltd BOM:531540
72 GF Score
Price ₹11.61
GF Value ₹26.89
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Maruti Infrastructure E10?

Maruti Infrastructure BOM:531540 -3.09% 72 E10 is ₹0.09 as of Mar. 2026. GuruFocus rates BOM:531540 with a GF Score™ of 72/100 and a GF Value™ of ₹26.89 (Significantly Undervalued). The stock has 2 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.

Maruti Infrastructure's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Maruti Infrastructure's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was 4.00% per year. During the past 5 years, the average E10 Growth Rate was 6.80% 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 Maruti Infrastructure was 5.30% per year. The lowest was 4.00% per year. And the median was 4.60% per year.

As of today (2026-07-08), Maruti Infrastructure's current stock price is ₹11.61. Maruti Infrastructure's E10 for the quarter that ended in Mar. 2026 was ₹0.09. Maruti Infrastructure's Shiller PE Ratio of today is 129.00.

During the past 13 years, the highest Shiller PE Ratio of Maruti Infrastructure was 481.88. The lowest was 42.13. And the median was 137.95.


Maruti Infrastructure  (BOM:531540) 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.

Maruti Infrastructure's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.61/0.09
=129.00

* 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 Maruti Infrastructure was 481.88. The lowest was 42.13. And the median was 137.95.


Be Aware

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


Maruti Infrastructure E10 Related Terms


Maruti Infrastructure E10 Historical Data

* Premium members only.

The historical data trend for Maruti Infrastructure'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.

Maruti Infrastructure E10 Chart

Maruti Infrastructure 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 0.07 0.08 0.07 0.08 0.09

Maruti Infrastructure 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 0.08 0.08 0.08 0.09 0.09

BOM:531540 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Maruti Infrastructure'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.


Maruti Infrastructure Shiller PE Ratio vs Construction Industry

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

* The bar in red indicates where Maruti Infrastructure's Shiller PE Ratio falls into.


BOM:531540
72GF Score
Maruti Infrastructure Ltd BOM:531540
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruti Infrastructure 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, Maruti Infrastructure'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)
=0.04/164.2724*164.2724
=0.040

Current CPI (Mar. 2026) = 164.2724.

Maruti Infrastructure Quarterly Data

per share eps CPI Adj_EPS
201606 0.016 105.961 0.025
201609 0.019 105.961 0.029
201612 0.005 105.196 0.008
201703 -0.013 105.196 -0.020
201706 0.012 107.109 0.018
201709 0.007 109.021 0.011
201712 0.025 109.404 0.038
201803 0.017 109.786 0.025
201806 0.015 111.317 0.022
201809 -0.065 115.142 -0.093
201812 -0.065 115.142 -0.093
201903 0.075 118.202 0.104
201906 -0.068 120.880 -0.092
201909 0.029 123.175 0.039
201912 0.036 126.235 0.047
202003 0.077 124.705 0.101
202006 -0.033 127.000 -0.043
202009 -0.036 130.118 -0.045
202012 0.027 130.889 0.034
202103 0.157 131.771 0.196
202106 -0.028 134.084 -0.034
202109 0.005 135.847 0.006
202112 0.020 138.161 0.024
202203 0.056 138.822 0.066
202206 0.008 142.347 0.009
202209 0.009 144.661 0.010
202212 0.015 145.763 0.017
202303 0.089 146.865 0.100
202306 0.095 150.280 0.104
202309 0.070 151.492 0.076
202312 0.090 152.924 0.097
202403 -0.246 153.035 -0.264
202406 0.060 155.789 0.063
202409 -0.100 157.882 -0.104
202412 0.050 158.323 0.052
202503 0.190 157.552 0.198
202506 0.030 159.755 0.031
202509 0.030 162.289 0.030
202512 0.030 163.281 0.030
202603 0.040 164.272 0.040

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 ₹0.09 mean?
Maruti Infrastructure (BOM:531540) has a E10 of ₹0.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Maruti Infrastructure and its competitors.
Is Maruti Infrastructure's E10 too high?
Maruti Infrastructure's current E10 is ₹0.09. Overall, Maruti Infrastructure has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruti Infrastructure's E10 compare to PWR and FIX?
Maruti Infrastructure's E10 of ₹0.09 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 Maruti Infrastructure and its competitors. Maruti Infrastructure's current E10 is ₹0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruti Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Maruti Infrastructure (BOM:531540) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹26.89, compared to a current price of ₹11.61 — trading 56.8% below its estimated fair value. The current E10 is ₹0.09. Maruti Infrastructure's overall GF Score™ is 72/100 with 2 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 Maruti Infrastructure (BOM:531540), the current E10 is ₹0.09 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 Maruti Infrastructure (BOM:531540) Overvalued in 2026?

Based on GuruFocus' analysis, Maruti Infrastructure stock appears to be undervalued. The current stock price of ₹11.61 is trading 56.8% below its estimated GF Value™ of ₹26.89. GuruFocus considers Maruti Infrastructure to be Significantly Undervalued.

Key valuation signals for BOM:531540:

  • E10: ₹0.09
  • GF Value™: ₹26.89 vs. price of ₹11.61 (56.8% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the BOM:531540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruti Infrastructure Business Description

Address S. G. Highway, 802, Surmount Building, Near Iscon Temple, Opposite Iscon Mega Mall, Ahmedabad, GJ, IND, 380 015
Maruti Infrastructure Ltd is engaged in the development and construction of infrastructure projects. The company's projects include Aaron Elegance; Ward Office Building and others. It generates revenue from the Development of Real Estate projects with the construction and Development of Infrastructure Projects.
72GF Score

Get the complete analysis for BOM:531540

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

₹11.61
Price
₹26.89
GF Value