HBG Hotels (BOM:537839) E10: ₹0.00 (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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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:537839 HBG Hotels Ltd BOM:537839
71 GF Score
Price ₹80.21
GF Value ₹96.14
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is HBG Hotels E10?

HBG Hotels BOM:537839 -1.96% 71 E10 is ₹0.00 as of Jun. 2026. GuruFocus rates BOM:537839 with a GF Score™ of 71/100 and a GF Value™ of ₹96.14 (Modestly Undervalued). 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.

HBG Hotels's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹0.120. 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 12 months, HBG Hotels's average E10 Growth Rate was 5.00% 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 (2026-08-25), HBG Hotels's current stock price is ₹80.21. HBG Hotels's E10 for the quarter that ended in Jun. 2026 was ₹0.00. HBG Hotels's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of HBG Hotels was 743.54. The lowest was 3.90. And the median was 12.06.


HBG Hotels  (BOM:537839) 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 HBG Hotels was 743.54. The lowest was 3.90. And the median was 12.06.


Be Aware

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


HBG Hotels E10 Related Terms


HBG Hotels E10 Historical Data

* Premium members only.

The historical data trend for HBG Hotels'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.

HBG Hotels E10 Chart

HBG Hotels 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 0.00 14.02 17.86 18.75

HBG Hotels 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 18.12 18.53 18.63 18.75 0.00

BOM:537839 vs MAR, HLT, H: E10 Comparison

For the Lodging subindustry, HBG Hotels'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.


HBG Hotels Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HBG Hotels's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where HBG Hotels's Shiller PE Ratio falls into.


BOM:537839
71GF Score
HBG Hotels Ltd BOM:537839
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBG Hotels 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, HBG Hotels'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)
=0.12/167.3573*167.3573
=0.120

Current CPI (Jun. 2026) = 167.3573.

HBG Hotels Quarterly Data

per share eps CPI Adj_EPS
201609 -0.470 105.961 -0.742
201612 0.050 105.196 0.080
201703 0.220 105.196 0.350
201706 0.110 107.109 0.172
201709 -0.360 109.021 -0.553
201712 0.490 109.404 0.750
201803 0.210 109.786 0.320
201806 0.128 111.317 0.192
201809 -0.016 115.142 -0.023
201812 0.490 115.142 0.712
201903 -0.040 118.202 -0.057
201906 0.115 120.880 0.159
201909 -0.478 123.175 -0.649
201912 0.426 126.235 0.565
202003 0.206 124.705 0.276
202006 -0.779 127.000 -1.027
202009 -1.252 130.118 -1.610
202012 -0.279 130.889 -0.357
202103 0.987 131.771 1.254
202106 -0.860 134.084 -1.073
202109 -0.633 135.847 -0.780
202112 0.133 138.161 0.161
202203 0.369 138.822 0.445
202206 0.177 142.347 0.208
202209 0.260 144.661 0.301
202212 0.010 145.763 0.011
202303 -0.047 146.865 -0.054
202306 0.248 150.280 0.276
202309 -0.091 151.492 -0.101
202312 0.030 152.924 0.033
202403 140.102 153.035 153.214
202406 1.697 155.789 1.823
202409 -0.006 157.882 -0.006
202412 1.494 158.323 1.579
202503 31.553 157.552 33.517
202506 0.120 159.755 0.126
202509 0.437 162.289 0.451
202512 0.357 163.281 0.366
202603 0.603 164.272 0.614
202606 0.120 167.357 0.120

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?
HBG Hotels (BOM:537839) 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 HBG Hotels and its competitors.
Is HBG Hotels' E10 too high?
HBG Hotels' current E10 is ₹0.00. Overall, HBG Hotels has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HBG Hotels' E10 compare to MAR and HLT?
HBG Hotels' E10 of ₹0.00 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 HBG Hotels and its competitors. HBG Hotels'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 HBG Hotels stock overvalued right now?
Based on GuruFocus' analysis, HBG Hotels (BOM:537839) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹96.14, compared to a current price of ₹80.21 — trading 16.6% below its estimated fair value. The current E10 is ₹0.00. HBG Hotels' overall GF Score™ is 71/100 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 HBG Hotels (BOM:537839), 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 HBG Hotels (BOM:537839) Overvalued in 2026?

Based on GuruFocus' analysis, HBG Hotels stock appears to be undervalued. The current stock price of ₹80.21 is trading 16.6% below its estimated GF Value™ of ₹96.14. GuruFocus considers HBG Hotels to be Modestly Undervalued.

Key valuation signals for BOM:537839:

  • E10: ₹0.00
  • GF Value™: ₹96.14 vs. price of ₹80.21 (16.6% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the BOM:537839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBG Hotels Business Description

Address 14, BEST Marg, Hede House, 2nd Floor, Colaba, Mumbai, MH, IND, 400 001
HBG Hotels Ltd is a hospitality company. It develops and owns hotels and Resorts in association with hotel management chains.
71GF Score

Get the complete analysis for BOM:537839

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

₹80.21
Price
₹96.14
GF Value