Gajanan Securities Services (BOM:538609) E10: ₹1.54 (As of Mar. 2026)


BOM:538609 Gajanan Securities Services Ltd BOM:538609
29 GF Score
Price ₹52.72
! 3 Warning Signs
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What is Gajanan Securities Services E10?

Gajanan Securities Services BOM:538609 -2.19% 29 E10 is ₹1.54 as of Mar. 2026. GuruFocus rates BOM:538609 with a GF Score™ of 29/100. The stock has 3 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.

Gajanan Securities Services's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gajanan Securities Services's average E10 Growth Rate was 32.80% 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 (2026-07-04), Gajanan Securities Services's current stock price is ₹52.72. Gajanan Securities Services's E10 for the quarter that ended in Mar. 2026 was ₹1.54. Gajanan Securities Services's Shiller PE Ratio of today is 34.23.

During the past 13 years, the highest Shiller PE Ratio of Gajanan Securities Services was 142.73. The lowest was 32.05. And the median was 61.39.


Gajanan Securities Services  (BOM:538609) 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.

Gajanan Securities Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=52.72/1.54
=34.23

* 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 Gajanan Securities Services was 142.73. The lowest was 32.05. And the median was 61.39.


Be Aware

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


Gajanan Securities Services E10 Related Terms


Gajanan Securities Services E10 Historical Data

* Premium members only.

The historical data trend for Gajanan Securities Services'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.

Gajanan Securities Services E10 Chart

Gajanan Securities Services 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 0.00 1.16 1.54

Gajanan Securities Services 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 1.16 1.21 1.35 1.41 1.54

BOM:538609 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Gajanan Securities Services'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.


Gajanan Securities Services Shiller PE Ratio vs Capital Markets Industry

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

* The bar in red indicates where Gajanan Securities Services's Shiller PE Ratio falls into.


BOM:538609
29GF Score
Gajanan Securities Services Ltd BOM:538609
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Gajanan Securities Services 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, Gajanan Securities Services'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)
=0.61/164.2724*164.2724
=0.610

Current CPI (Mar. 2026) = 164.2724.

Gajanan Securities Services Quarterly Data

per share eps CPI Adj_EPS
201506 -0.049 99.841 -0.081
201509 -0.001 101.753 -0.002
201512 0.011 102.901 0.018
201603 0.025 102.518 0.040
201606 -1.618 105.961 -2.508
201609 0.015 105.961 0.023
201612 0.146 105.196 0.228
201703 0.206 105.196 0.322
201706 -0.444 107.109 -0.681
201803 0.000 109.786 0.000
201806 -0.380 111.317 -0.561
201903 0.000 118.202 0.000
201906 0.100 120.880 0.136
201909 -0.130 123.175 -0.173
201912 0.450 126.235 0.586
202003 -0.980 124.705 -1.291
202006 0.590 127.000 0.763
202009 0.570 130.118 0.720
202012 1.000 130.889 1.255
202103 1.840 131.771 2.294
202106 1.510 134.084 1.850
202109 1.950 135.847 2.358
202112 3.240 138.161 3.852
202203 -2.550 138.822 -3.017
202206 -0.020 142.347 -0.023
202209 0.510 144.661 0.579
202212 1.160 145.763 1.307
202303 0.120 146.865 0.134
202306 0.450 150.280 0.492
202309 -0.020 151.492 -0.022
202312 0.530 152.924 0.569
202403 2.250 153.035 2.415
202406 0.030 155.789 0.032
202409 0.010 157.882 0.010
202412 -0.090 158.323 -0.093
202503 0.790 157.552 0.824
202506 -0.080 159.755 -0.082
202509 1.170 162.289 1.184
202512 0.530 163.281 0.533
202603 0.610 164.272 0.610

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 ₹1.54 mean?
Gajanan Securities Services (BOM:538609) has a E10 of ₹1.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gajanan Securities Services and its competitors.
Is Gajanan Securities Services' E10 too high?
Gajanan Securities Services' current E10 is ₹1.54. Overall, Gajanan Securities Services has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Gajanan Securities Services' E10 compare to MS and GS?
Gajanan Securities Services' E10 of ₹1.54 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 Gajanan Securities Services and its competitors. Gajanan Securities Services's current E10 is ₹1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gajanan Securities Services stock overvalued right now?
Gajanan Securities Services (BOM:538609) has a current E10 of ₹1.54. The current E10 is ₹1.54. Gajanan Securities Services' overall GF Score™ is 29/100 with 3 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 Gajanan Securities Services (BOM:538609), the current E10 is ₹1.54 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.

Gajanan Securities Services Business Description

Address 113/1B, C.R.Avenue, 7th Floor, Room no. 7C, Kolkata, WB, IND, 700073
Gajanan Securities Services Ltd, based in Kolkata, India, is a financial services company engaged in trading shares, securities, and derivatives. Incorporated in 1994, the company operates as a stockbroker and dealer, facilitating trading on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). It offers services in equity trading, securities brokerage, and related financial activities. The Company has one reportable segment i.e. trading in shares, securities and derivatives. Revenue is generated predominantly from brokerage and trading commissions.
29GF Score

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

₹52.72
Price