Xchanging Solutions (BOM:532616) E10: ₹5.04 (As of Jun. 2026)

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Vera Yuan
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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
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:532616 Xchanging Solutions Ltd BOM:532616
74 GF Score
Price ₹61.48
GF Value ₹110.22
Valuation Significantly Undervalued
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What is Xchanging Solutions E10?

Xchanging Solutions BOM:532616 -0.49% 74 E10 is ₹5.04 as of Jun. 2026. GuruFocus rates BOM:532616 with a GF Score™ of 74/100 and a GF Value™ of ₹110.22 (Significantly Undervalued).

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.

Xchanging Solutions's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹1.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Xchanging Solutions's average E10 Growth Rate was 6.10% 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 (2026-08-22), Xchanging Solutions's current stock price is ₹61.48. Xchanging Solutions's E10 for the quarter that ended in Jun. 2026 was ₹5.04. Xchanging Solutions's Shiller PE Ratio of today is 12.20.

During the past 13 years, the highest Shiller PE Ratio of Xchanging Solutions was 29.59. The lowest was 10.40. And the median was 18.52.


Xchanging Solutions  (BOM:532616) 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.

Xchanging Solutions's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=61.48/5.04
=12.20

* 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 Xchanging Solutions was 29.59. The lowest was 10.40. And the median was 18.52.


Be Aware

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


Xchanging Solutions E10 Related Terms


Xchanging Solutions E10 Historical Data

* Premium members only.

The historical data trend for Xchanging Solutions'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.

Xchanging Solutions E10 Chart

Xchanging Solutions Annual Data
Trend Mar16 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 4.68 4.94

Xchanging Solutions 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 4.75 4.86 4.88 4.94 5.04

BOM:532616 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Xchanging Solutions'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.


Xchanging Solutions Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Xchanging Solutions's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Xchanging Solutions's Shiller PE Ratio falls into.


BOM:532616
74GF Score
Xchanging Solutions Ltd BOM:532616
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xchanging Solutions 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, Xchanging Solutions'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)
=1.36/167.3573*167.3573
=1.360

Current CPI (Jun. 2026) = 167.3573.

Xchanging Solutions Quarterly Data

per share eps CPI Adj_EPS
201212 0.000 83.774 0.000
201312 0.000 91.425 0.000
201412 0.000 96.780 0.000
201512 0.000 102.901 0.000
201603 0.280 102.518 0.457
201703 0.520 105.196 0.827
201803 0.510 109.786 0.777
201806 0.780 111.317 1.173
201809 0.750 115.142 1.090
201812 1.190 115.142 1.730
201903 1.480 118.202 2.095
201906 1.040 120.880 1.440
201909 1.700 123.175 2.310
201912 0.560 126.235 0.742
202003 1.610 124.705 2.161
202006 1.660 127.000 2.187
202009 1.350 130.118 1.736
202012 1.350 130.889 1.726
202103 1.240 131.771 1.575
202106 0.950 134.084 1.186
202109 1.690 135.847 2.082
202112 1.080 138.161 1.308
202203 0.990 138.822 1.193
202206 1.340 142.347 1.575
202209 1.080 144.661 1.249
202212 0.620 145.763 0.712
202303 0.990 146.865 1.128
202306 -0.810 150.280 -0.902
202309 1.240 151.492 1.370
202312 -0.320 152.924 -0.350
202403 1.110 153.035 1.214
202406 0.950 155.789 1.021
202409 0.880 157.882 0.933
202412 1.300 158.323 1.374
202503 1.320 157.552 1.402
202506 1.240 159.755 1.299
202509 1.460 162.289 1.506
202512 1.180 163.281 1.209
202603 1.460 164.272 1.487
202606 1.360 167.357 1.360

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 ₹5.04 mean?
Xchanging Solutions (BOM:532616) has a E10 of ₹5.04 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Xchanging Solutions and its competitors.
Is Xchanging Solutions' E10 too high?
Xchanging Solutions' current E10 is ₹5.04. Overall, Xchanging Solutions has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xchanging Solutions' E10 compare to IBM and ACN?
Xchanging Solutions' E10 of ₹5.04 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Xchanging Solutions and its competitors. Xchanging Solutions's current E10 is ₹5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xchanging Solutions stock overvalued right now?
Based on GuruFocus' analysis, Xchanging Solutions (BOM:532616) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹110.22, compared to a current price of ₹61.48 — trading 44.2% below its estimated fair value. The current E10 is ₹5.04. Xchanging Solutions' overall GF Score™ is 74/100. 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 Xchanging Solutions (BOM:532616), the current E10 is ₹5.04 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 Xchanging Solutions (BOM:532616) Overvalued in 2026?

Based on GuruFocus' analysis, Xchanging Solutions stock appears to be undervalued. The current stock price of ₹61.48 is trading 44.2% below its estimated GF Value™ of ₹110.22. GuruFocus considers Xchanging Solutions to be Significantly Undervalued.

Key valuation signals for BOM:532616:

  • E10: ₹5.04
  • GF Value™: ₹110.22 vs. price of ₹61.48 (44.2% below fair value)
  • GF Score™: 74/100

No single metric tells the full story. See the BOM:532616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xchanging Solutions Business Description

Other Exchanges XCHANGING:India
Address Hosur Main Road, HP Avenue, 39/40, Electronic City, Bengaluru, KA, IND, 560 100
Xchanging Solutions Ltd is an Information Technology company. The company serves Healthcare, Life Sciences, Insurance, Travel, Transportation and Hospitality, Banking and Capital Markets, Aerospace and Defense, Energy, Utilities, Oil and Gas, and others. Its services include Analytics, Application Services, Business Process Services, Cloud and Platform Services, Consulting, Enterprise and Cloud Apps, Internet of Things (IoT), Security, and others. Geographically, it derives a majority of its revenue from the USA and also has a presence in Europe, India, Singapore, and the Rest of the World.
74GF Score

Get the complete analysis for BOM:532616

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

₹61.48
Price
₹110.22
GF Value