Bank of Baroda (BOM:532134) E10: ₹19.33 (As of Mar. 2026)


BOM:532134 Bank of Baroda BOM:532134
69 GF Score
Price ₹247.70
GF Value ₹256.16
Valuation Fairly Valued
! 3 Warning Signs
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What is Bank of Baroda E10?

Bank of Baroda BOM:532134 -0.86% 69 E10 is ₹19.33 as of Mar. 2026. GuruFocus rates BOM:532134 with a GF Score™ of 69/100 and a GF Value™ of ₹256.16 (Fairly Valued). The stock has 3 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.

Bank of Baroda's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹11.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹19.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bank of Baroda's average E10 Growth Rate was 20.40% 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.

As of today (2026-07-08), Bank of Baroda's current stock price is ₹247.70. Bank of Baroda's E10 for the quarter that ended in Mar. 2026 was ₹19.33. Bank of Baroda's Shiller PE Ratio of today is 12.81.

During the past 13 years, the highest Shiller PE Ratio of Bank of Baroda was 18.49. The lowest was 12.92. And the median was 15.01.


Bank of Baroda  (BOM:532134) 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.

Bank of Baroda's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=247.70/19.33
=12.81

* 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 Bank of Baroda was 18.49. The lowest was 12.92. And the median was 15.01.


Be Aware

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


Bank of Baroda E10 Related Terms


Bank of Baroda E10 Historical Data

* Premium members only.

The historical data trend for Bank of Baroda'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.

Bank of Baroda E10 Chart

Bank of Baroda 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 0.00 0.00 0.00 16.05 19.33

Bank of Baroda 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 16.05 16.62 17.60 18.44 19.33

Bank of Baroda E10 Competitor Comparison

For the Banks - Regional subindustry, Bank of Baroda'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.


Bank of Baroda Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Baroda's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Baroda's Shiller PE Ratio falls into.


BOM:532134
69GF Score
Bank of Baroda BOM:532134
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Baroda 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, Bank of Baroda'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)
=11.22/164.2724*164.2724
=11.220

Current CPI (Mar. 2026) = 164.2724.

Bank of Baroda Quarterly Data

per share eps CPI Adj_EPS
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.670 105.196 1.046
201803 -13.440 109.786 -20.110
201806 2.480 111.317 3.660
201809 2.280 115.142 3.253
201812 2.280 115.142 3.253
201903 -3.680 118.202 -5.114
201906 2.390 120.880 3.248
201909 2.330 123.175 3.107
201912 -3.200 126.235 -4.164
202003 1.090 124.705 1.436
202006 -1.470 127.000 -1.901
202009 3.830 130.118 4.835
202012 2.590 130.889 3.251
202103 -1.630 131.771 -2.032
202106 2.290 134.084 2.806
202109 4.190 135.847 5.067
202112 4.760 138.161 5.660
202203 3.930 138.822 4.650
202206 3.760 142.347 4.339
202209 6.580 144.661 7.472
202212 8.330 145.763 9.388
202303 10.160 146.865 11.364
202306 8.610 150.280 9.412
202309 8.500 151.492 9.217
202312 9.260 152.924 9.947
202403 9.920 153.035 10.648
202406 9.140 155.789 9.638
202409 10.360 157.882 10.779
202412 10.080 158.323 10.459
202503 10.480 157.552 10.927
202506 6.710 159.755 6.900
202509 9.930 162.289 10.051
202512 10.530 163.281 10.594
202603 11.220 164.272 11.220

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 ₹19.33 mean?
Bank of Baroda (BOM:532134) has a E10 of ₹19.33 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bank of Baroda and its competitors.
Is Bank of Baroda's E10 too high?
Bank of Baroda's current E10 is ₹19.33. Overall, Bank of Baroda has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Baroda's E10 compare to competitors?
Bank of Baroda's E10 of ₹19.33 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Bank of Baroda and its competitors. Bank of Baroda's current E10 is ₹19.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Baroda stock overvalued right now?
Based on GuruFocus' analysis, Bank of Baroda (BOM:532134) is currently considered Fairly Valued. The stock's GF Value™ is ₹256.16, compared to a current price of ₹247.70 — trading 3.3% below its estimated fair value. The current E10 is ₹19.33. Bank of Baroda's overall GF Score™ is 69/100 with 3 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 Bank of Baroda (BOM:532134), the current E10 is ₹19.33 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 Bank of Baroda (BOM:532134) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Baroda stock appears to be undervalued. The current stock price of ₹247.70 is trading 3.3% below its estimated GF Value™ of ₹256.16. GuruFocus considers Bank of Baroda to be Fairly Valued.

Key valuation signals for BOM:532134:

  • E10: ₹19.33
  • GF Value™: ₹256.16 vs. price of ₹247.70 (3.3% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the BOM:532134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of Baroda Business Description

Other Exchanges BANKBARODA:India
Address RC Dutt Road, 7th Floor, Baroda Bhavan, Alkapuri, Vadodara, GJ, IND, 390007
Bank of Baroda is a state-owned banking and financial services company in India. It has four segments Treasury includes the entire investment portfolio and trading in foreign exchange contracts and derivative contracts; Corporate / Wholesale Banking comprises all the lending activities which are not included under Retail Banking; Retail Banking comprises of borrower accounts having exposure of upto 7.5 Crores. Digital Banking sub segment under retail segment represents balances of Digital Banking Units functioning in the bank as per RBI directive; and Other Banking Operations Segments. The bank generates majority of income from Retail Banking. It has presence in Domestic and International both of which majority of incomes is from Domestic.
69GF Score

Get the complete analysis for BOM:532134

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

₹247.70
Price
₹256.16
GF Value