SMT Engineering (BOM:538563) E10: ₹2.52 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:538563 SMT Engineering Ltd BOM:538563
53 GF Score
Price ₹466.00
GF Value ₹283.14
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is SMT Engineering E10?

SMT Engineering BOM:538563 +4.99% 53 E10 is ₹2.52 as of Mar. 2026. GuruFocus rates BOM:538563 with a GF Score™ of 53/100 and a GF Value™ of ₹283.14 (Significantly Overvalued). The stock has 5 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.

SMT Engineering's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹7.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SMT Engineering's average E10 Growth Rate was 147.10% 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 (2026-07-19), SMT Engineering's current stock price is ₹466.00. SMT Engineering's E10 for the quarter that ended in Mar. 2026 was ₹2.52. SMT Engineering's Shiller PE Ratio of today is 184.92.

During the past 13 years, the highest Shiller PE Ratio of SMT Engineering was 270.17. The lowest was 10.03. And the median was 35.73.


SMT Engineering  (BOM:538563) 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.

SMT Engineering's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=466.00/2.52
=184.92

* 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 SMT Engineering was 270.17. The lowest was 10.03. And the median was 35.73.


Be Aware

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


SMT Engineering E10 Related Terms


SMT Engineering E10 Historical Data

* Premium members only.

The historical data trend for SMT Engineering'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.

SMT Engineering E10 Chart

SMT Engineering 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 0.26 1.02 2.52

SMT Engineering 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 1.02 1.28 1.59 1.76 2.52

BOM:538563 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, SMT Engineering'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.


SMT Engineering Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SMT Engineering's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SMT Engineering's Shiller PE Ratio falls into.


BOM:538563
53GF Score
SMT Engineering Ltd BOM:538563
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMT Engineering 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, SMT Engineering'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)
=7.21/164.2724*164.2724
=7.210

Current CPI (Mar. 2026) = 164.2724.

SMT Engineering Quarterly Data

per share eps CPI Adj_EPS
201509 0.060 101.753 0.097
201512 -0.010 102.901 -0.016
201603 -0.068 102.518 -0.109
201606 0.350 105.961 0.543
201703 0.000 105.196 0.000
201706 3.930 107.109 6.027
201709 1.830 109.021 2.757
201803 0.000 109.786 0.000
201806 0.040 111.317 0.059
201809 0.050 115.142 0.071
201812 0.870 115.142 1.241
201903 -0.980 118.202 -1.362
201906 -0.190 120.880 -0.258
201909 -0.240 123.175 -0.320
201912 0.170 126.235 0.221
202003 -0.430 124.705 -0.566
202006 0.230 127.000 0.298
202009 0.320 130.118 0.404
202012 -0.600 130.889 -0.753
202103 -0.540 131.771 -0.673
202106 -0.020 134.084 -0.025
202109 0.370 135.847 0.447
202112 -0.050 138.161 -0.059
202203 -0.186 138.822 -0.220
202206 -0.240 142.347 -0.277
202209 0.090 144.661 0.102
202212 0.080 145.763 0.090
202303 -0.680 146.865 -0.761
202306 5.580 150.280 6.100
202309 1.430 151.492 1.551
202312 1.080 152.924 1.160
202403 -12.650 153.035 -13.579
202406 0.290 155.789 0.306
202409 0.400 157.882 0.416
202412 0.110 158.323 0.114
202503 6.680 157.552 6.965
202506 1.420 159.755 1.460
202509 3.850 162.289 3.897
202512 1.400 163.281 1.409
202603 7.210 164.272 7.210

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 ₹2.52 mean?
SMT Engineering (BOM:538563) has a E10 of ₹2.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SMT Engineering and its competitors.
Is SMT Engineering's E10 too high?
SMT Engineering's current E10 is ₹2.52. Overall, SMT Engineering has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMT Engineering's E10 compare to MS and GS?
SMT Engineering's E10 of ₹2.52 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 SMT Engineering and its competitors. SMT Engineering's current E10 is ₹2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMT Engineering stock overvalued right now?
Based on GuruFocus' analysis, SMT Engineering (BOM:538563) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹283.14, compared to a current price of ₹466.00 — trading 64.6% above its estimated fair value. The current E10 is ₹2.52. SMT Engineering's overall GF Score™ is 53/100 with 5 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 SMT Engineering (BOM:538563), the current E10 is ₹2.52 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 SMT Engineering (BOM:538563) Overvalued in 2026?

Based on GuruFocus' analysis, SMT Engineering stock appears to be overvalued. The current stock price of ₹466.00 is trading 64.6% above its estimated GF Value™ of ₹283.14. GuruFocus considers SMT Engineering to be Significantly Overvalued.

Key valuation signals for BOM:538563:

  • E10: ₹2.52
  • GF Value™: ₹283.14 vs. price of ₹466.00 (64.6% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the BOM:538563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMT Engineering Business Description

Address Sanwer Road Industrial Area, Plot No. 23 D Sector A, Near Parle G Biscuit Factory, Indore, MP, IND, 452015
SMT Engineering Ltd and its subsidiaries, the Group, operate in share trading, manufacturing plastic processing machinery globally, and other businesses. Through its subsidiary, the company specializes in HDPE and PVC extrusion systems, drip irrigation solutions, and related plastic pipe manufacturing machinery, with CNC facilities in Indore, India. The company is also engaged in trading commodities and investing in mutual funds, shares, and securities, with the majority of its revenue generated from sales of shares and securities.
53GF Score

Get the complete analysis for BOM:538563

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

₹466.00
Price
₹283.14
GF Value