Haria Apparels (BOM:538081) E10: ₹0.15 (As of Mar. 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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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:538081 Haria Apparels Ltd BOM:538081
30 GF Score
Price ₹5.69
! 2 Warning Signs
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What is Haria Apparels E10?

Haria Apparels BOM:538081 +8.38% 30 E10 is ₹0.15 as of Mar. 2026. GuruFocus rates BOM:538081 with a GF Score™ of 30/100. 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.

Haria Apparels's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.15 for the trailing ten years ended in Mar. 2026.

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 (2026-07-30), Haria Apparels's current stock price is ₹5.69. Haria Apparels's E10 for the quarter that ended in Mar. 2026 was ₹0.15. Haria Apparels's Shiller PE Ratio of today is 37.93.

During the past 13 years, the highest Shiller PE Ratio of Haria Apparels was 102.00. The lowest was 34.73. And the median was 59.15.


Haria Apparels  (BOM:538081) 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.

Haria Apparels's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.69/0.15
=37.93

* 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 Haria Apparels was 102.00. The lowest was 34.73. And the median was 59.15.


Be Aware

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


Haria Apparels E10 Related Terms


Haria Apparels E10 Historical Data

* Premium members only.

The historical data trend for Haria Apparels'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.

Haria Apparels E10 Chart

Haria Apparels 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 -0.35 -0.23 -0.01 0.15

Haria Apparels 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 -0.01 0.06 0.07 0.10 0.15

Haria Apparels E10 Competitor Comparison

For the Textile Manufacturing subindustry, Haria Apparels'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.


Haria Apparels Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Haria Apparels's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Haria Apparels's Shiller PE Ratio falls into.


BOM:538081
30GF Score
Haria Apparels Ltd BOM:538081
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haria Apparels 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, Haria Apparels'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)
=0.17/164.2724*164.2724
=0.170

Current CPI (Mar. 2026) = 164.2724.

Haria Apparels Quarterly Data

per share eps CPI Adj_EPS
201606 -0.010 105.961 -0.016
201609 0.040 105.961 0.062
201612 0.030 105.196 0.047
201703 -0.350 105.196 -0.547
201706 0.120 107.109 0.184
201709 0.260 109.021 0.392
201712 0.240 109.404 0.360
201803 0.010 109.786 0.015
201806 -0.020 111.317 -0.030
201809 0.090 115.142 0.128
201812 0.380 115.142 0.542
201903 0.020 118.202 0.028
201906 0.050 120.880 0.068
201909 -0.050 123.175 -0.067
201912 -0.170 126.235 -0.221
202003 -0.170 124.705 -0.224
202006 -0.100 127.000 -0.129
202009 -0.440 130.118 -0.555
202012 -0.230 130.889 -0.289
202103 -0.910 131.771 -1.134
202106 -0.020 134.084 -0.025
202109 -0.760 135.847 -0.919
202112 1.400 138.161 1.665
202203 -0.360 138.822 -0.426
202206 0.200 142.347 0.231
202209 0.170 144.661 0.193
202212 0.140 145.763 0.158
202303 0.270 146.865 0.302
202306 0.160 150.280 0.175
202309 0.230 151.492 0.249
202312 0.130 152.924 0.140
202403 0.060 153.035 0.064
202406 -0.030 155.789 -0.032
202409 0.190 157.882 0.198
202412 0.160 158.323 0.166
202503 0.220 157.552 0.229
202506 0.210 159.755 0.216
202509 0.130 162.289 0.132
202512 -0.040 163.281 -0.040
202603 0.170 164.272 0.170

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 ₹0.15 mean?
Haria Apparels (BOM:538081) has a E10 of ₹0.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Haria Apparels and its competitors.
Is Haria Apparels' E10 too high?
Haria Apparels' current E10 is ₹0.15. Overall, Haria Apparels has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Haria Apparels' E10 compare to competitors?
Haria Apparels' E10 of ₹0.15 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Haria Apparels and its competitors. Haria Apparels's current E10 is ₹0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haria Apparels stock overvalued right now?
Haria Apparels (BOM:538081) has a current E10 of ₹0.15. The current E10 is ₹0.15. Haria Apparels' overall GF Score™ is 30/100 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 Haria Apparels (BOM:538081), the current E10 is ₹0.15 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.

Haria Apparels Business Description

Address 8, Subhash Road, Haria Centre, Vile Parle (East), Mumbai, MH, IND, 400057
Haria Apparels Ltd is engaged in the manufacturing and export of garments and textiles. Its product range includes apparel and clothing, home furnishings such as cushions, bedcovers, napkins, table linens, and towels, as well as readymade garments, uniforms, athletic sportswear, curtains, knitted and industrial fabrics, accessories, promotional caps, T-shirts, and sportswear for men, women, and children. The company has successfully manufactured and exported readymade garments to countries including Nairobi, Kenya, Tanzania, Zambia, the USA, UK, China, and several East African nations.
30GF Score

Get the complete analysis for BOM:538081

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

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