Maan Aluminium (BOM:532906) E10: ₹3.61 (As of Mar. 2026)


BOM:532906 Maan Aluminium Ltd BOM:532906
76 GF Score
Price ₹127.65
GF Value ₹111.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Maan Aluminium E10?

Maan Aluminium BOM:532906 +1.47% 76 E10 is ₹3.61 as of Mar. 2026. GuruFocus rates BOM:532906 with a GF Score™ of 76/100 and a GF Value™ of ₹111.13 (Modestly Overvalued). The stock has 7 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.

Maan Aluminium's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Maan Aluminium's average E10 Growth Rate was 11.10% per year. During the past 3 years, the average E10 Growth Rate was 18.10% per year. During the past 5 years, the average E10 Growth Rate was 36.10% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Maan Aluminium was 53.30% per year. The lowest was 18.10% per year. And the median was 39.40% per year.

As of today (2026-07-05), Maan Aluminium's current stock price is ₹127.65. Maan Aluminium's E10 for the quarter that ended in Mar. 2026 was ₹3.61. Maan Aluminium's Shiller PE Ratio of today is 35.36.

During the past 13 years, the highest Shiller PE Ratio of Maan Aluminium was 77.41. The lowest was 15.53. And the median was 35.02.


Maan Aluminium  (BOM:532906) 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.

Maan Aluminium's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=127.65/3.61
=35.36

* 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 Maan Aluminium was 77.41. The lowest was 15.53. And the median was 35.02.


Be Aware

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


Maan Aluminium E10 Related Terms


Maan Aluminium E10 Historical Data

* Premium members only.

The historical data trend for Maan Aluminium'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.

Maan Aluminium E10 Chart

Maan Aluminium 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 1.20 2.19 2.88 3.25 3.61

Maan Aluminium 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 3.25 3.34 3.49 3.56 3.61

BOM:532906 vs AA: E10 Comparison

For the Aluminum subindustry, Maan Aluminium'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.


Maan Aluminium Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maan Aluminium's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Maan Aluminium's Shiller PE Ratio falls into.


BOM:532906
76GF Score
Maan Aluminium Ltd BOM:532906
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maan Aluminium 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, Maan Aluminium'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)
=0.29/164.2724*164.2724
=0.290

Current CPI (Mar. 2026) = 164.2724.

Maan Aluminium Quarterly Data

per share eps CPI Adj_EPS
201606 0.085 105.961 0.132
201609 0.131 105.961 0.203
201612 0.124 105.196 0.194
201703 0.264 105.196 0.412
201706 0.301 107.109 0.462
201709 0.370 109.021 0.558
201712 0.341 109.404 0.512
201803 0.176 109.786 0.263
201806 0.418 111.317 0.617
201809 0.504 115.142 0.719
201812 0.379 115.142 0.541
201903 0.394 118.202 0.548
201906 0.421 120.880 0.572
201909 0.580 123.175 0.774
201912 0.240 126.235 0.312
202003 0.154 124.705 0.203
202006 0.298 127.000 0.385
202009 0.623 130.118 0.787
202012 0.845 130.889 1.061
202103 -0.398 131.771 -0.496
202106 0.963 134.084 1.180
202109 0.868 135.847 1.050
202112 0.725 138.161 0.862
202203 1.513 138.822 1.790
202206 1.553 142.347 1.792
202209 2.420 144.661 2.748
202212 2.590 145.763 2.919
202303 2.674 146.865 2.991
202306 1.880 150.280 2.055
202309 1.460 151.492 1.583
202312 1.380 152.924 1.482
202403 1.350 153.035 1.449
202406 0.630 155.789 0.664
202409 0.950 157.882 0.988
202412 0.560 158.323 0.581
202503 0.730 157.552 0.761
202506 0.500 159.755 0.514
202509 1.070 162.289 1.083
202512 0.520 163.281 0.523
202603 0.290 164.272 0.290

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 ₹3.61 mean?
Maan Aluminium (BOM:532906) has a E10 of ₹3.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Maan Aluminium and its competitors.
Is Maan Aluminium's E10 too high?
Maan Aluminium's current E10 is ₹3.61. Overall, Maan Aluminium has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maan Aluminium's E10 compare to AA?
Maan Aluminium's E10 of ₹3.61 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Maan Aluminium and its competitors. Maan Aluminium's current E10 is ₹3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maan Aluminium stock overvalued right now?
Based on GuruFocus' analysis, Maan Aluminium (BOM:532906) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹111.13, compared to a current price of ₹127.65 — trading 14.9% above its estimated fair value. The current E10 is ₹3.61. Maan Aluminium's overall GF Score™ is 76/100 with 7 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 Maan Aluminium (BOM:532906), the current E10 is ₹3.61 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 Maan Aluminium (BOM:532906) Overvalued in 2026?

Based on GuruFocus' analysis, Maan Aluminium stock appears to be overvalued. The current stock price of ₹127.65 is trading 14.9% above its estimated GF Value™ of ₹111.13. GuruFocus considers Maan Aluminium to be Modestly Overvalued.

Key valuation signals for BOM:532906:

  • E10: ₹3.61
  • GF Value™: ₹111.13 vs. price of ₹127.65 (14.9% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the BOM:532906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maan Aluminium Business Description

Other Exchanges MAANALU:India
Address Asaf Ali Road, 4/5, 1st Floor, New Delhi, IND, 110002
Maan Aluminium Ltd manufactures and supplies aluminum-extruded products in India. The company is engaged in the manufacturing of aluminium profiles, anodizing & fabrication of profiles, aluminium ingots, aluminium billets etc. and other related activities.
76GF Score

Get the complete analysis for BOM:532906

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

₹127.65
Price
₹111.13
GF Value