Econo Trade (India) (BOM:538708) E10: ₹0.72 (As of Jun. 2026)

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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:538708 Econo Trade (India) Ltd BOM:538708
76 GF Score
Price ₹6.43
GF Value ₹8.08
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Econo Trade (India) E10?

Econo Trade (India) BOM:538708 -0.46% 76 E10 is ₹0.72 as of Jun. 2026. GuruFocus rates BOM:538708 with a GF Score™ of 76/100 and a GF Value™ of ₹8.08 (Modestly Undervalued). The stock has 6 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.

Econo Trade (India)'s adjusted earnings per share data for the three months ended in Jun. 2026 was ₹0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.72 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Econo Trade (India)'s average E10 Growth Rate was 16.10% 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 (2026-09-09), Econo Trade (India)'s current stock price is ₹6.43. Econo Trade (India)'s E10 for the quarter that ended in Jun. 2026 was ₹0.72. Econo Trade (India)'s Shiller PE Ratio of today is 8.93.

During the past 13 years, the highest Shiller PE Ratio of Econo Trade (India) was 21.20. The lowest was 8.85. And the median was 12.98.


Econo Trade (India)  (BOM:538708) 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.

Econo Trade (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.43/0.72
=8.93

* 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 Econo Trade (India) was 21.20. The lowest was 8.85. And the median was 12.98.


Be Aware

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


Econo Trade (India) E10 Related Terms


Econo Trade (India) E10 Historical Data

* Premium members only.

The historical data trend for Econo Trade (India)'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.

Econo Trade (India) E10 Chart

Econo Trade (India) 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 0.54 0.61 0.71

Econo Trade (India) 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 0.62 0.63 0.63 0.71 0.72

BOM:538708 vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Econo Trade (India)'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.


Econo Trade (India) Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Econo Trade (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Econo Trade (India)'s Shiller PE Ratio falls into.


BOM:538708
76GF Score
Econo Trade (India) Ltd BOM:538708
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Econo Trade (India) 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, Econo Trade (India)'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)
=0.31/167.3573*167.3573
=0.310

Current CPI (Jun. 2026) = 167.3573.

Econo Trade (India) Quarterly Data

per share eps CPI Adj_EPS
201609 0.030 105.961 0.047
201612 0.220 105.196 0.350
201703 -0.415 105.196 -0.660
201706 0.310 107.109 0.484
201709 0.370 109.021 0.568
201712 0.410 109.404 0.627
201803 -0.920 109.786 -1.402
201806 0.780 111.317 1.173
201809 0.260 115.142 0.378
201812 0.150 115.142 0.218
201903 -1.030 118.202 -1.458
201906 0.130 120.880 0.180
201909 0.020 123.175 0.027
201912 0.050 126.235 0.066
202003 0.050 124.705 0.067
202006 0.100 127.000 0.132
202009 0.310 130.118 0.399
202012 0.200 130.889 0.256
202103 -0.120 131.771 -0.152
202106 0.180 134.084 0.225
202109 0.030 135.847 0.037
202112 0.160 138.161 0.194
202203 0.030 138.822 0.036
202206 0.110 142.347 0.129
202209 0.380 144.661 0.440
202212 0.290 145.763 0.333
202303 0.210 146.865 0.239
202306 0.290 150.280 0.323
202309 0.230 151.492 0.254
202312 0.290 152.924 0.317
202403 0.540 153.035 0.591
202406 0.220 155.789 0.236
202409 0.340 157.882 0.360
202412 0.270 158.323 0.285
202503 0.380 157.552 0.404
202506 0.290 159.755 0.304
202509 0.360 162.289 0.371
202512 0.340 163.281 0.348
202603 0.180 164.272 0.183
202606 0.310 167.357 0.310

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 ₹0.72 mean?
Econo Trade (India) (BOM:538708) has a E10 of ₹0.72 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Econo Trade (India) and its competitors.
Is Econo Trade (India)'s E10 too high?
Econo Trade (India)'s current E10 is ₹0.72. Overall, Econo Trade (India) has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Econo Trade (India)'s E10 compare to V and MA?
Econo Trade (India)'s E10 of ₹0.72 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 Econo Trade (India) and its competitors. Econo Trade (India)'s current E10 is ₹0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Econo Trade (India) stock overvalued right now?
Based on GuruFocus' analysis, Econo Trade (India) (BOM:538708) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹8.08, compared to a current price of ₹6.43 — trading 20.4% below its estimated fair value. The current E10 is ₹0.72. Econo Trade (India)'s overall GF Score™ is 76/100 with 6 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 Econo Trade (India) (BOM:538708), the current E10 is ₹0.72 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 Econo Trade (India) (BOM:538708) Overvalued in 2026?

Based on GuruFocus' analysis, Econo Trade (India) stock appears to be undervalued. The current stock price of ₹6.43 is trading 20.4% below its estimated GF Value™ of ₹8.08. GuruFocus considers Econo Trade (India) to be Modestly Undervalued.

Key valuation signals for BOM:538708:

  • E10: ₹0.72
  • GF Value™: ₹8.08 vs. price of ₹6.43 (20.4% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the BOM:538708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Econo Trade (India) Business Description

Address 16/1A, Abdul Hamid Street, 5th floor, Room No. 5E, Kolkata, WB, IND, 700069
Econo Trade (India) Ltd is a non-deposit non-banking financial company. Its only operating segment being Investments in Shares and Securities. The company offers corporate loans, personal loans, investment & trading in shares & securities. It generates maximum revenue from Interest.
76GF Score

Get the complete analysis for BOM:538708

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

₹6.43
Price
₹8.08
GF Value