Indian Bank (BOM:532814) E10: ₹ (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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
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:532814 Indian Bank BOM:532814
60 GF Score
Price ₹844.80
GF Value ₹661.72
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Indian Bank E10?

Indian Bank BOM:532814 +0.57% 60 E10 is ₹ as of Jun. 2026. GuruFocus rates BOM:532814 with a GF Score™ of 60/100 and a GF Value™ of ₹661.72 (Modestly Overvalued). The stock has 2 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.

Indian Bank's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹24.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, Indian Bank's average E10 Growth Rate was 18.10% 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 (2026-09-20), Indian Bank's current stock price is ₹844.80. Indian Bank's E10 for the quarter that ended in Jun. 2026 was . Indian Bank's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Indian Bank was 20.17. The lowest was 11.64. And the median was 14.86.


Indian Bank  (BOM:532814) 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.

During the past 13 years, the highest Shiller P/E Ratio of Indian Bank was 20.17. The lowest was 11.64. And the median was 14.86.


Be Aware

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


Indian Bank E10 Related Terms


Indian Bank E10 Historical Data

* Premium members only.

The historical data trend for Indian 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.

Indian Bank E10 Chart

Indian Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Indian Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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Indian Bank E10 Competitor Comparison

For the Banks - Regional subindustry, Indian 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.


Indian Bank Shiller PE Ratio vs Banks Industry

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

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


BOM:532814
60GF Score
Indian Bank BOM:532814
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian 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, Indian 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)
=24.92/167.3573*167.3573
=24.920

Current CPI (Jun. 2026) = 167.3573.

Indian Bank Quarterly Data

per share eps CPI Adj_EPS
200903 56.615 0.000
201003 65.030 0.000
201103 70.768 0.000
201203 76.889 0.000
201303 85.687 0.000
201403 91.425 0.000
201503 97.163 0.000
201806 4.710 111.317 7.081
201809 3.576 115.142 5.197
201812 3.580 115.142 5.204
201903 -3.953 118.202 -5.597
201906 8.140 120.880 11.270
201909 9.007 123.175 12.238
201912 5.620 126.235 7.451
202003 -4.389 124.705 -5.890
202006 3.820 127.000 5.034
202009 4.054 130.118 5.215
202012 4.736 130.889 6.056
202103 15.277 131.771 19.403
202106 11.080 134.084 13.830
202109 9.042 135.847 11.139
202112 5.874 138.161 7.115
202203 8.225 138.822 9.915
202206 10.527 142.347 12.377
202209 10.337 144.661 11.959
202212 11.676 145.763 13.406
202303 12.202 146.865 13.904
202306 14.852 150.280 16.539
202309 16.609 151.492 18.348
202312 17.460 152.924 19.108
202403 17.043 153.035 18.638
202406 19.083 155.789 20.500
202409 20.785 157.882 22.033
202412 21.602 158.323 22.835
202503 22.136 157.552 23.514
202506 16.900 159.755 17.704
202509 23.074 162.289 23.794
202512 23.363 163.281 23.946
202603 23.557 164.272 23.999
202606 24.920 167.357 24.920

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 ₹ mean?
Indian Bank (BOM:532814) has a E10 of ₹ as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Indian Bank and its competitors.
Is Indian Bank's E10 too high?
Indian Bank's current E10 is ₹. Overall, Indian Bank has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indian Bank's E10 compare to competitors?
Indian Bank's E10 of ₹ 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 Indian Bank and its competitors. Indian Bank's current E10 is ₹. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Bank stock overvalued right now?
Based on GuruFocus' analysis, Indian Bank (BOM:532814) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹661.72, compared to a current price of ₹844.80 — trading 27.7% above its estimated fair value. The current E10 is ₹. Indian Bank's overall GF Score™ is 60/100 with 2 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 Indian Bank (BOM:532814), the current E10 is ₹ 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 Indian Bank (BOM:532814) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Bank stock appears to be overvalued. The current stock price of ₹844.80 is trading 27.7% above its estimated GF Value™ of ₹661.72. GuruFocus considers Indian Bank to be Modestly Overvalued.

Key valuation signals for BOM:532814:

  • E10:
  • GF Value™: ₹661.72 vs. price of ₹844.80 (27.7% above fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the BOM:532814 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Bank Business Description

Other Exchanges INDIANB:India
Address 254-260, Avvai Shanmugam Salai, Royapettah, Chennai, TN, IND, 600014
Indian Bank is a provider of banking products and services in India and internationally. The bank is headquartered in India and generates the majority of revenue domestically. The bank operates through four segments: Treasury, Corporate/Wholesale banking, Retail banking, and other banking operations. A majority of its revenue is generated from the Retail banking segment. The company provides deposits, savings and current accounts, merchant banking, and stock broking to its customers. The company has a nationwide network of branches as well as branches in Singapore and Sri Lanka. The Government of India is a shareholder.
60GF Score

Get the complete analysis for BOM:532814

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

₹844.80
Price
₹661.72
GF Value