Atul Auto (BOM:531795) E10: ₹13.06 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:531795 Atul Auto Ltd BOM:531795
76 GF Score
Price ₹494.75
GF Value ₹637.35
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Atul Auto E10?

Atul Auto BOM:531795 +3.88% 76 E10 is ₹13.06 as of Mar. 2026. GuruFocus rates BOM:531795 with a GF Score™ of 76/100 and a GF Value™ of ₹637.35 (Modestly Undervalued). The stock has 1 warning sign 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.

Atul Auto's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹5.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹13.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Atul Auto's average E10 Growth Rate was -8.70% per year. During the past 3 years, the average E10 Growth Rate was -9.50% per year. During the past 5 years, the average E10 Growth Rate was -8.30% 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 Atul Auto was -7.40% per year. The lowest was -9.50% per year. And the median was -7.50% per year.

As of today (2026-07-30), Atul Auto's current stock price is ₹494.75. Atul Auto's E10 for the quarter that ended in Mar. 2026 was ₹13.06. Atul Auto's Shiller PE Ratio of today is 37.88.

During the past 13 years, the highest Shiller PE Ratio of Atul Auto was 49.11. The lowest was 8.17. And the median was 29.49.


Atul Auto  (BOM:531795) 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.

Atul Auto's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=494.75/13.06
=37.88

* 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 Atul Auto was 49.11. The lowest was 8.17. And the median was 29.49.


Be Aware

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


Atul Auto E10 Related Terms


Atul Auto E10 Historical Data

* Premium members only.

The historical data trend for Atul Auto'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.

Atul Auto E10 Chart

Atul Auto 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 18.07 17.60 16.24 14.31 13.06

Atul Auto 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 14.31 13.96 13.98 13.62 13.06

BOM:531795 vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, Atul Auto'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.


Atul Auto Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atul Auto's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Atul Auto's Shiller PE Ratio falls into.


BOM:531795
76GF Score
Atul Auto Ltd BOM:531795
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atul Auto 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, Atul Auto'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)
=5.33/164.2724*164.2724
=5.330

Current CPI (Mar. 2026) = 164.2724.

Atul Auto Quarterly Data

per share eps CPI Adj_EPS
201603 4.940 102.518 7.916
201606 2.200 105.961 3.411
201609 6.260 105.961 9.705
201612 5.600 105.196 8.745
201703 2.560 105.196 3.998
201706 3.560 107.109 5.460
201709 7.740 109.021 11.663
201803 0.000 109.786 0.000
201806 4.700 111.317 6.936
201809 6.950 115.142 9.916
201812 7.590 115.142 10.829
201903 5.670 118.202 7.880
201906 5.290 120.880 7.189
201909 8.190 123.175 10.923
201912 9.130 126.235 11.881
202003 1.810 124.705 2.384
202006 -2.890 127.000 -3.738
202009 0.940 130.118 1.187
202012 0.570 130.889 0.715
202103 -2.350 131.771 -2.930
202106 -2.830 134.084 -3.467
202109 -1.910 135.847 -2.310
202112 -4.020 138.161 -4.780
202203 -2.610 138.822 -3.088
202206 -1.670 142.347 -1.927
202209 -0.010 144.661 -0.011
202212 1.750 145.763 1.972
202303 1.750 146.865 1.957
202306 -4.160 150.280 -4.547
202309 2.730 151.492 2.960
202312 1.580 152.924 1.697
202403 1.917 153.035 2.058
202406 0.480 155.789 0.506
202409 1.950 157.882 2.029
202412 2.570 158.323 2.667
202503 2.120 157.552 2.210
202506 1.060 159.755 1.090
202509 3.300 162.289 3.340
202512 5.520 163.281 5.554
202603 5.330 164.272 5.330

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 ₹13.06 mean?
Atul Auto (BOM:531795) has a E10 of ₹13.06 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Atul Auto and its competitors.
Is Atul Auto's E10 too high?
Atul Auto's current E10 is ₹13.06. Overall, Atul Auto has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atul Auto's E10 compare to TSLA and GM?
Atul Auto's E10 of ₹13.06 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Atul Auto and its competitors. Atul Auto's current E10 is ₹13.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atul Auto stock overvalued right now?
Based on GuruFocus' analysis, Atul Auto (BOM:531795) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹637.35, compared to a current price of ₹494.75 — trading 22.4% below its estimated fair value. The current E10 is ₹13.06. Atul Auto's overall GF Score™ is 76/100 with 1 warning sign 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 Atul Auto (BOM:531795), the current E10 is ₹13.06 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 Atul Auto (BOM:531795) Overvalued in 2026?

Based on GuruFocus' analysis, Atul Auto stock appears to be undervalued. The current stock price of ₹494.75 is trading 22.4% below its estimated GF Value™ of ₹637.35. GuruFocus considers Atul Auto to be Modestly Undervalued.

Key valuation signals for BOM:531795:

  • E10: ₹13.06
  • GF Value™: ₹637.35 vs. price of ₹494.75 (22.4% below fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the BOM:531795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atul Auto Business Description

Other Exchanges ATULAUTO:India
Address National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1-4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024
Atul Auto Ltd is an Indian-based automobile manufacturing company. The company manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the the segments namely Automotive Business and Non-Banking Financial Business.
76GF Score

Get the complete analysis for BOM:531795

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

₹494.75
Price
₹637.35
GF Value