Corporate Merchant Bankers (BOM:540199) E10: ₹0.98 (As of Mar. 2026)


BOM:540199 Corporate Merchant Bankers Ltd BOM:540199
51 GF Score
Price ₹53.53
GF Value ₹17.02
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Corporate Merchant Bankers E10?

Corporate Merchant Bankers BOM:540199 +1.00% 51 E10 is ₹0.98 as of Mar. 2026. GuruFocus rates BOM:540199 with a GF Score™ of 51/100 and a GF Value™ of ₹17.02 (Significantly Overvalued). 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.

Corporate Merchant Bankers's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Corporate Merchant Bankers's average E10 Growth Rate was 58.10% per year. During the past 3 years, the average E10 Growth Rate was 265.90% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Corporate Merchant Bankers was 265.90% per year. The lowest was 265.90% per year. And the median was 265.90% per year.

As of today (2026-07-06), Corporate Merchant Bankers's current stock price is ₹53.53. Corporate Merchant Bankers's E10 for the quarter that ended in Mar. 2026 was ₹0.98. Corporate Merchant Bankers's Shiller PE Ratio of today is 54.62.

During the past 13 years, the highest Shiller PE Ratio of Corporate Merchant Bankers was 1755.00. The lowest was 54.03. And the median was 1446.00.


Corporate Merchant Bankers  (BOM:540199) 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.

Corporate Merchant Bankers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=53.53/0.98
=54.62

* 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 Corporate Merchant Bankers was 1755.00. The lowest was 54.03. And the median was 1446.00.


Be Aware

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


Corporate Merchant Bankers E10 Related Terms


Corporate Merchant Bankers E10 Historical Data

* Premium members only.

The historical data trend for Corporate Merchant Bankers'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.

Corporate Merchant Bankers E10 Chart

Corporate Merchant Bankers 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 0.02 -0.06 0.62 0.98

Corporate Merchant Bankers 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 0.62 0.65 0.98 0.97 0.98

BOM:540199 vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Corporate Merchant Bankers'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.


Corporate Merchant Bankers Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Corporate Merchant Bankers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Corporate Merchant Bankers's Shiller PE Ratio falls into.


BOM:540199
51GF Score
Corporate Merchant Bankers Ltd BOM:540199
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corporate Merchant Bankers 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, Corporate Merchant Bankers'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)
=0.05/164.2724*164.2724
=0.050

Current CPI (Mar. 2026) = 164.2724.

Corporate Merchant Bankers Quarterly Data

per share eps CPI Adj_EPS
201509 0.030 101.753 0.048
201512 0.010 102.901 0.016
201603 -0.020 102.518 -0.032
201606 0.010 105.961 0.016
201609 0.010 105.961 0.016
201703 0.000 105.196 0.000
201712 0.020 109.404 0.030
201803 -0.030 109.786 -0.045
201806 0.010 111.317 0.015
201809 0.007 115.142 0.010
201812 0.010 115.142 0.014
201903 -0.024 118.202 -0.033
201906 0.003 120.880 0.004
201909 0.010 123.175 0.013
201912 0.001 126.235 0.001
202003 -0.010 124.705 -0.013
202006 0.010 127.000 0.013
202009 0.010 130.118 0.013
202012 0.010 130.889 0.013
202103 -0.010 131.771 -0.012
202106 0.010 134.084 0.012
202109 0.003 135.847 0.004
202112 0.010 138.161 0.012
202203 -0.035 138.822 -0.041
202206 -0.030 142.347 -0.035
202209 -0.050 144.661 -0.057
202212 -0.050 145.763 -0.056
202303 0.142 146.865 0.159
202306 -0.030 150.280 -0.033
202309 -0.420 151.492 -0.455
202312 -0.350 152.924 -0.376
202403 0.080 153.035 0.086
202406 -0.130 155.789 -0.137
202409 0.060 157.882 0.062
202412 0.220 158.323 0.228
202503 6.390 157.552 6.663
202506 0.170 159.755 0.175
202509 3.100 162.289 3.138
202512 0.080 163.281 0.080
202603 0.050 164.272 0.050

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 ₹0.98 mean?
Corporate Merchant Bankers (BOM:540199) has a E10 of ₹0.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Corporate Merchant Bankers and its competitors.
Is Corporate Merchant Bankers' E10 too high?
Corporate Merchant Bankers' current E10 is ₹0.98. Overall, Corporate Merchant Bankers has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corporate Merchant Bankers' E10 compare to V and MA?
Corporate Merchant Bankers' E10 of ₹0.98 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 Corporate Merchant Bankers and its competitors. Corporate Merchant Bankers's current E10 is ₹0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Merchant Bankers stock overvalued right now?
Based on GuruFocus' analysis, Corporate Merchant Bankers (BOM:540199) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹17.02, compared to a current price of ₹53.53 — trading 214.5% above its estimated fair value. The current E10 is ₹0.98. Corporate Merchant Bankers' overall GF Score™ is 51/100 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 Corporate Merchant Bankers (BOM:540199), the current E10 is ₹0.98 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 Corporate Merchant Bankers (BOM:540199) Overvalued in 2026?

Based on GuruFocus' analysis, Corporate Merchant Bankers stock appears to be overvalued. The current stock price of ₹53.53 is trading 214.5% above its estimated GF Value™ of ₹17.02. GuruFocus considers Corporate Merchant Bankers to be Significantly Overvalued.

Key valuation signals for BOM:540199:

  • E10: ₹0.98
  • GF Value™: ₹17.02 vs. price of ₹53.53 (214.5% above fair value)
  • GF Score™: 51/100 with 2 warning signs

No single metric tells the full story. See the BOM:540199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corporate Merchant Bankers Business Description

Address FIEEE Complex, A-19, Ground Floor, Suite 1257, Okhla Industrial Area Phase-2, New Delhi, IND, 110020
Corporate Merchant Bankers Ltd is a Non-Banking Financial Company. The company is engaged in providing loans and advances to various Corporates. It also provides consultancy services. The company has one business segment, which is providing financial services.
51GF Score

Get the complete analysis for BOM:540199

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

₹53.53
Price
₹17.02
GF Value