Dhanlaxmi Bank (BOM:532180) E10: ₹1.50 (As of Jun. 2026)

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Vera Yuan
Vera Yuan
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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Charlie Tian
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:532180 Dhanlaxmi Bank Ltd BOM:532180
56 GF Score
Price ₹32.97
GF Value ₹28.07
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Dhanlaxmi Bank E10?

Dhanlaxmi Bank BOM:532180 +0.83% 56 E10 is ₹1.50 as of Jun. 2026. GuruFocus rates BOM:532180 with a GF Score™ of 56/100 and a GF Value™ of ₹28.07 (Modestly Overvalued). The stock has 6 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.

Dhanlaxmi Bank's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹0.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.50 for the trailing ten years ended in Jun. 2026.

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 Dhanlaxmi Bank was 60.10% per year. The lowest was 12.80% per year. And the median was 32.30% per year.

As of today (2026-08-09), Dhanlaxmi Bank's current stock price is ₹32.97. Dhanlaxmi Bank's E10 for the quarter that ended in Jun. 2026 was ₹1.50. Dhanlaxmi Bank's Shiller PE Ratio of today is 21.98.

During the past 13 years, the highest Shiller PE Ratio of Dhanlaxmi Bank was 65.79. The lowest was 15.69. And the median was 22.93.


Dhanlaxmi Bank  (BOM:532180) 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.

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

Shiller PE Ratio=Share Price/E10
=32.97/1.50
=21.98

* 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 Dhanlaxmi Bank was 65.79. The lowest was 15.69. And the median was 22.93.


Be Aware

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


Dhanlaxmi Bank E10 Related Terms


Dhanlaxmi Bank E10 Historical Data

* Premium members only.

The historical data trend for Dhanlaxmi Bank'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.

Dhanlaxmi Bank E10 Chart

Dhanlaxmi Bank 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 -5.04 -5.19 -2.26 -0.32 1.46

Dhanlaxmi Bank 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 -0.13 -0.08 0.39 1.46 1.50

BOM:532180 vs PNC: E10 Comparison

For the Banks - Regional subindustry, Dhanlaxmi Bank'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.


Dhanlaxmi Bank Shiller PE Ratio vs Banks Industry

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

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


BOM:532180
56GF Score
Dhanlaxmi Bank Ltd BOM:532180
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhanlaxmi Bank 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, Dhanlaxmi Bank'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)
=0.63/166.1454*166.1454
=0.630

Current CPI (Jun. 2026) = 166.1454.

Dhanlaxmi Bank Quarterly Data

per share eps CPI Adj_EPS
201609 0.235 105.961 0.368
201612 -0.316 105.196 -0.499
201703 0.341 105.196 0.539
201706 0.308 107.109 0.478
201709 0.195 109.021 0.297
201712 -0.697 109.404 -1.058
201803 -0.551 109.786 -0.834
201806 -1.444 111.317 -2.155
201809 0.389 115.142 0.561
201812 0.543 115.142 0.784
201903 0.884 118.202 1.243
201906 0.633 120.880 0.870
201909 0.706 123.175 0.952
201912 0.681 126.235 0.896
202003 0.081 124.705 0.108
202006 0.195 127.000 0.255
202009 0.446 130.118 0.569
202012 0.381 130.889 0.484
202103 0.170 131.771 0.214
202106 0.219 134.084 0.271
202109 0.114 135.847 0.139
202112 0.065 138.161 0.078
202203 0.754 138.822 0.902
202206 -0.843 142.347 -0.984
202209 0.511 144.661 0.587
202212 0.697 145.763 0.794
202303 1.225 146.865 1.386
202306 0.908 150.280 1.004
202309 0.746 151.492 0.818
202312 0.120 152.924 0.130
202403 0.106 153.035 0.115
202406 -0.310 155.789 -0.331
202409 0.990 157.882 1.042
202412 0.760 158.323 0.798
202503 0.850 157.552 0.896
202506 0.310 159.755 0.322
202509 0.590 162.289 0.604
202512 0.610 163.281 0.621
202603 1.100 164.272 1.113
202606 0.630 166.145 0.630

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 ₹1.50 mean?
Dhanlaxmi Bank (BOM:532180) has a E10 of ₹1.50 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dhanlaxmi Bank and its competitors.
Is Dhanlaxmi Bank's E10 too high?
Dhanlaxmi Bank's current E10 is ₹1.50. Overall, Dhanlaxmi Bank has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dhanlaxmi Bank's E10 compare to PNC?
Dhanlaxmi Bank's E10 of ₹1.50 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 Dhanlaxmi Bank and its competitors. Dhanlaxmi Bank's current E10 is ₹1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanlaxmi Bank stock overvalued right now?
Based on GuruFocus' analysis, Dhanlaxmi Bank (BOM:532180) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹28.07, compared to a current price of ₹32.97 — trading 17.5% above its estimated fair value. The current E10 is ₹1.50. Dhanlaxmi Bank's overall GF Score™ is 56/100 with 6 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 Dhanlaxmi Bank (BOM:532180), the current E10 is ₹1.50 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 Dhanlaxmi Bank (BOM:532180) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanlaxmi Bank stock appears to be overvalued. The current stock price of ₹32.97 is trading 17.5% above its estimated GF Value™ of ₹28.07. GuruFocus considers Dhanlaxmi Bank to be Modestly Overvalued.

Key valuation signals for BOM:532180:

  • E10: ₹1.50
  • GF Value™: ₹28.07 vs. price of ₹32.97 (17.5% above fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the BOM:532180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhanlaxmi Bank Business Description

Other Exchanges DHANBANK:India
Address Punkunnam, Thrissur, Thrissur, KL, IND, 680 002
Dhanlaxmi Bank Ltd provides various banking and financial services in India. The bank operates through four segments. Its Treasury operations segment consists of interest earnings on the investment portfolio of the bank, gains or losses on investment operations, and earnings from foreign exchange business. The Corporate and wholesale banking segment offers loans and other banking services to the corporate segment. Its Retail Banking segment renders loans and other banking services to non-corporate customers. The Other banking operations segment includes income from para-banking activities such as debit cards, third-party product distribution, and associated costs. All the operations of the bank are located in India. The retail banking segment generates the highest revenue.
56GF Score

Get the complete analysis for BOM:532180

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

₹32.97
Price
₹28.07
GF Value