Darshan Orna (BOM:539884) E10: ₹0.19 (As of Jun. 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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Charlie Tian
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:539884 Darshan Orna Ltd BOM:539884
29 GF Score
Price ₹2.17
! 4 Warning Signs
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What is Darshan Orna E10?

Darshan Orna BOM:539884 -0.91% 29 E10 is ₹0.19 as of Jun. 2026. GuruFocus rates BOM:539884 with a GF Score™ of 29/100. The stock has 4 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.

Darshan Orna's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.19 for the trailing ten years ended in Jun. 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 (2026-08-31), Darshan Orna's current stock price is ₹2.17. Darshan Orna's E10 for the quarter that ended in Jun. 2026 was ₹0.19. Darshan Orna's Shiller PE Ratio of today is 11.42.

During the past 13 years, the highest Shiller PE Ratio of Darshan Orna was 17.11. The lowest was 11.37. And the median was 13.26.


Darshan Orna  (BOM:539884) 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.

Darshan Orna's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.17/0.19
=11.42

* 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 Darshan Orna was 17.11. The lowest was 11.37. And the median was 13.26.


Be Aware

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


Darshan Orna E10 Related Terms


Darshan Orna E10 Historical Data

* Premium members only.

The historical data trend for Darshan Orna'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.

Darshan Orna E10 Chart

Darshan Orna 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 0.00 0.00

Darshan Orna 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 0.00 0.19 0.19 0.00 0.19

BOM:539884 vs TPR: E10 Comparison

For the Luxury Goods subindustry, Darshan Orna'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.


Darshan Orna Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Darshan Orna's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Darshan Orna's Shiller PE Ratio falls into.


BOM:539884
29GF Score
Darshan Orna Ltd BOM:539884
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Darshan Orna 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, Darshan Orna'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)
=0.01/167.3573*167.3573
=0.010

Current CPI (Jun. 2026) = 167.3573.

Darshan Orna Quarterly Data

per share eps CPI Adj_EPS
201503 0.000 97.163 0.000
201512 0.000 102.901 0.000
201603 -0.057 102.518 -0.093
201609 0.000 105.961 0.000
201703 0.000 105.196 0.000
201709 0.000 109.021 0.000
201803 0.000 109.786 0.000
201806 0.030 111.317 0.045
201809 -0.026 115.142 -0.038
201812 0.040 115.142 0.058
201903 -0.008 118.202 -0.011
201906 0.030 120.880 0.042
201909 0.020 123.175 0.027
201912 0.077 126.235 0.102
202003 -0.461 124.705 -0.619
202006 0.002 127.000 0.003
202009 0.023 130.118 0.030
202012 0.020 130.889 0.026
202103 0.344 131.771 0.437
202106 0.083 134.084 0.104
202109 0.079 135.847 0.097
202112 0.048 138.161 0.058
202203 0.008 138.822 0.010
202206 0.109 142.347 0.128
202209 0.258 144.661 0.298
202212 0.079 145.763 0.091
202303 -0.080 146.865 -0.091
202306 0.079 150.280 0.088
202309 0.189 151.492 0.209
202312 0.070 152.924 0.077
202403 0.258 153.035 0.282
202406 0.020 155.789 0.021
202409 0.040 157.882 0.042
202412 0.020 158.323 0.021
202503 -0.001 157.552 -0.001
202506 0.040 159.755 0.042
202509 0.050 162.289 0.052
202512 0.010 163.281 0.010
202603 0.000 164.272 0.000
202606 0.010 167.357 0.010

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 ₹0.19 mean?
Darshan Orna (BOM:539884) has a E10 of ₹0.19 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Darshan Orna and its competitors.
Is Darshan Orna's E10 too high?
Darshan Orna's current E10 is ₹0.19. Overall, Darshan Orna has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Darshan Orna's E10 compare to TPR?
Darshan Orna's E10 of ₹0.19 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Darshan Orna and its competitors. Darshan Orna's current E10 is ₹0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darshan Orna stock overvalued right now?
Darshan Orna (BOM:539884) has a current E10 of ₹0.19. The current E10 is ₹0.19. Darshan Orna's overall GF Score™ is 29/100 with 4 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 Darshan Orna (BOM:539884), the current E10 is ₹0.19 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.

Darshan Orna Business Description

Address Madan Gopal Haveli Road, Survey No. 02105+2106/3/Lawar Ni Pole, Shekh Sariya Chambers, Manek Chowk, Ahmedabad, GJ, IND, 380001
Darshan Orna Ltd is engaged in the trading of precious metals and jewellery. It operates in the wholesale segment, trading in gold and silver jewellery, both plain and studded with or without precious and semi-precious stones. The company's product portfolio is broadly classified into three categories: Gold jewellery, Diamond jewellery and Signature and Limited collection, offering engagement rings, earrings, necklaces, earrings, bracelets, bridal sets, etc. Geographically, the company mainly caters to the Indian market.
29GF Score

Get the complete analysis for BOM:539884

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

₹2.17
Price