Engineers India (BOM:532178) E10: ₹7.95 (As of Mar. 2026)


BOM:532178 Engineers India Ltd BOM:532178
79 GF Score
Price ₹244.05
GF Value ₹244.40
Valuation Fairly Valued
! 3 Warning Signs
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What is Engineers India E10?

Engineers India BOM:532178 +2.80% 79 E10 is ₹7.95 as of Mar. 2026. GuruFocus rates BOM:532178 with a GF Score™ of 79/100 and a GF Value™ of ₹244.40 (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.

Engineers India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹7.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Engineers India's average E10 Growth Rate was 13.20% 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 (2026-07-06), Engineers India's current stock price is ₹244.05. Engineers India's E10 for the quarter that ended in Mar. 2026 was ₹7.95. Engineers India's Shiller PE Ratio of today is 30.70.

During the past 13 years, the highest Shiller PE Ratio of Engineers India was 44.98. The lowest was 21.67. And the median was 28.40.


Engineers India  (BOM:532178) 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.

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

Shiller PE Ratio=Share Price/E10
=244.05/7.95
=30.70

* 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 Engineers India was 44.98. The lowest was 21.67. And the median was 28.40.


Be Aware

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


Engineers India E10 Related Terms


Engineers India E10 Historical Data

* Premium members only.

The historical data trend for Engineers 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.

Engineers India E10 Chart

Engineers 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 0.00 0.00 0.00 7.02 7.95

Engineers 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 7.02 7.03 7.11 7.72 7.95

BOM:532178 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Engineers 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.


Engineers India Shiller PE Ratio vs Construction Industry

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

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


BOM:532178
79GF Score
Engineers India Ltd BOM:532178
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Engineers 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, Engineers 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)
=3.47/164.2724*164.2724
=3.470

Current CPI (Mar. 2026) = 164.2724.

Engineers India 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 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.420 111.317 2.096
201809 1.520 115.142 2.169
201812 1.480 115.142 2.112
201903 1.410 118.202 1.960
201906 1.990 120.880 2.704
201909 1.050 123.175 1.400
201912 1.770 126.235 2.303
202003 1.900 124.705 2.503
202006 0.750 127.000 0.970
202009 1.400 130.118 1.767
202012 1.390 130.889 1.745
202103 0.450 131.771 0.561
202106 0.050 134.084 0.061
202109 0.300 135.847 0.363
202112 0.720 138.161 0.856
202203 1.410 138.822 1.668
202206 0.900 142.347 1.039
202209 1.340 144.661 1.522
202212 0.290 145.763 0.327
202303 3.380 146.865 3.781
202306 2.470 150.280 2.700
202309 2.270 151.492 2.462
202312 1.130 152.924 1.214
202403 2.050 153.035 2.201
202406 1.630 155.789 1.719
202409 1.770 157.882 1.842
202412 1.940 158.323 2.013
202503 4.980 157.552 5.192
202506 1.160 159.755 1.193
202509 1.490 162.289 1.508
202512 6.180 163.281 6.218
202603 3.470 164.272 3.470

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 ₹7.95 mean?
Engineers India (BOM:532178) has a E10 of ₹7.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Engineers India and its competitors.
Is Engineers India's E10 too high?
Engineers India's current E10 is ₹7.95. Overall, Engineers India has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Engineers India's E10 compare to PWR and FIX?
Engineers India's E10 of ₹7.95 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 Engineers India and its competitors. Engineers India's current E10 is ₹7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engineers India stock overvalued right now?
Based on GuruFocus' analysis, Engineers India (BOM:532178) is currently considered Fairly Valued. The stock's GF Value™ is ₹244.40, compared to a current price of ₹244.05 — trading 0.1% below its estimated fair value. The current E10 is ₹7.95. Engineers India's overall GF Score™ is 79/100 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 Engineers India (BOM:532178), the current E10 is ₹7.95 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 Engineers India (BOM:532178) Overvalued in 2026?

Based on GuruFocus' analysis, Engineers India stock appears to be undervalued. The current stock price of ₹244.05 is trading 0.1% below its estimated GF Value™ of ₹244.40. GuruFocus considers Engineers India to be Fairly Valued.

Key valuation signals for BOM:532178:

  • E10: ₹7.95
  • GF Value™: ₹244.40 vs. price of ₹244.05 (0.1% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the BOM:532178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Engineers India Business Description

Other Exchanges ENGINERSIN:India
Address Engineers India Bhavan, 1, Bhikaiji Cama Place, New Delhi, IND, 110 066
Engineers India Ltd is engaged in providing design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure and petrochemical industries. It operates into two segments namely Consultancy and engineering projects and Turnkey projects.
79GF Score

Get the complete analysis for BOM:532178

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

₹244.05
Price
₹244.40
GF Value