Essar Shipping (BOM:533704) E10: ₹0.00 (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
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:533704 Essar Shipping Ltd BOM:533704
33 GF Score
Price ₹15.82
GF Value ₹1.04
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Essar Shipping E10?

Essar Shipping BOM:533704 -0.13% 33 E10 is ₹0.00 as of Jun. 2026. GuruFocus rates BOM:533704 with a GF Score™ of 33/100 and a GF Value™ of ₹1.04 (Significantly 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.

Essar Shipping's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹11.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.00 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 3.70% 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 Essar Shipping was 3.70% per year. The lowest was 3.70% per year. And the median was 3.70% per year.

As of today (2026-08-21), Essar Shipping's current stock price is ₹15.82. Essar Shipping's E10 for the quarter that ended in Jun. 2026 was ₹0.00. Essar Shipping's Shiller PE Ratio of today is .


Essar Shipping  (BOM:533704) 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.


Be Aware

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


Essar Shipping E10 Related Terms


Essar Shipping E10 Historical Data

* Premium members only.

The historical data trend for Essar Shipping'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.

Essar Shipping E10 Chart

Essar Shipping 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 -41.78 -41.88 -38.95 -37.31

Essar Shipping 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 -38.61 -37.83 -37.28 -37.31 0.00

Essar Shipping E10 Competitor Comparison

For the Marine Shipping subindustry, Essar Shipping'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.


Essar Shipping Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Essar Shipping's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Essar Shipping's Shiller PE Ratio falls into.


BOM:533704
33GF Score
Essar Shipping Ltd BOM:533704
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essar Shipping 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, Essar Shipping'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)
=11.13/167.3573*167.3573
=11.130

Current CPI (Jun. 2026) = 167.3573.

Essar Shipping Quarterly Data

per share eps CPI Adj_EPS
201503 -7.780 97.163 -13.401
201506 -5.640 99.841 -9.454
201509 -3.710 101.753 -6.102
201512 -5.340 102.901 -8.685
201603 -7.200 102.518 -11.754
201703 -8.600 105.196 -13.682
201803 0.000 109.786 0.000
201806 -5.034 111.317 -7.568
201809 -4.230 115.142 -6.148
201812 0.060 115.142 0.087
201903 -173.252 118.202 -245.300
201906 -1.010 120.880 -1.398
201909 -1.270 123.175 -1.726
201912 -4.314 126.235 -5.719
202003 -74.292 124.705 -99.702
202006 -4.862 127.000 -6.407
202009 -7.672 130.118 -9.868
202012 -8.790 130.889 -11.239
202103 -8.654 131.771 -10.991
202106 -15.050 134.084 -18.785
202109 0.740 135.847 0.912
202112 -0.380 138.161 -0.460
202203 10.888 138.822 13.126
202206 -0.760 142.347 -0.894
202209 -1.960 144.661 -2.268
202212 64.890 145.763 74.503
202303 17.550 146.865 19.999
202306 1.260 150.280 1.403
202309 -1.730 151.492 -1.911
202312 -2.000 152.924 -2.189
202403 -3.236 153.035 -3.539
202406 -1.670 155.789 -1.794
202409 31.020 157.882 32.882
202412 1.920 158.323 2.030
202503 0.620 157.552 0.659
202506 1.320 159.755 1.383
202509 -0.760 162.289 -0.784
202512 -4.260 163.281 -4.366
202603 -1.720 164.272 -1.752
202606 11.130 167.357 11.130

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 ₹0.00 mean?
Essar Shipping (BOM:533704) has a E10 of ₹0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Essar Shipping and its competitors.
Is Essar Shipping's E10 too high?
Essar Shipping's current E10 is ₹0.00. Overall, Essar Shipping has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Essar Shipping's E10 compare to competitors?
Essar Shipping's E10 of ₹0.00 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Essar Shipping and its competitors. Essar Shipping's current E10 is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essar Shipping stock overvalued right now?
Based on GuruFocus' analysis, Essar Shipping (BOM:533704) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.04, compared to a current price of ₹15.82 — trading 1421.2% above its estimated fair value. The current E10 is ₹0.00. Essar Shipping's overall GF Score™ is 33/100 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 Essar Shipping (BOM:533704), the current E10 is ₹0.00 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 Essar Shipping (BOM:533704) Overvalued in 2026?

Based on GuruFocus' analysis, Essar Shipping stock appears to be overvalued. The current stock price of ₹15.82 is trading 1421.2% above its estimated GF Value™ of ₹1.04. GuruFocus considers Essar Shipping to be Significantly Overvalued.

Key valuation signals for BOM:533704:

  • E10: ₹0.00
  • GF Value™: ₹1.04 vs. price of ₹15.82 (1421.2% above fair value)
  • GF Score™: 33/100 with 7 warning signs

No single metric tells the full story. See the BOM:533704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Essar Shipping Business Description

Other Exchanges ESSARSHPNG:India
Address 11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure, steel, and Services. The company operates in Fleet operations and chartering, oilfield services, and logistics services. The company generates maximum revenue from a single operating segment, namely the Shipping segment.
33GF Score

Get the complete analysis for BOM:533704

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

₹15.82
Price
₹1.04
GF Value