Heads UP Ventures (BOM:540210) E10: ₹-1.70 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:540210 Heads UP Ventures Ltd BOM:540210
45 GF Score
Price ₹7.20
! 4 Warning Signs
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What is Heads UP Ventures E10?

Heads UP Ventures BOM:540210 +13.39% 45 E10 is ₹-1.70 as of Jun. 2026. GuruFocus rates BOM:540210 with a GF Score™ of 45/100. 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.

Heads UP Ventures'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 ₹-1.70 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 (2026-09-05), Heads UP Ventures's current stock price is ₹7.20. Heads UP Ventures's E10 for the quarter that ended in Jun. 2026 was ₹-1.70. Heads UP Ventures's Shiller PE Ratio of today is .


Heads UP Ventures  (BOM:540210) 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.


Be Aware

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


Heads UP Ventures E10 Related Terms


Heads UP Ventures E10 Historical Data

* Premium members only.

The historical data trend for Heads UP Ventures'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.

Heads UP Ventures E10 Chart

Heads UP Ventures 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 -0.58 -1.47

Heads UP Ventures 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 -0.44 -0.40 -1.02 -1.47 -1.70

BOM:540210 vs TJX, ROST, BURL: E10 Comparison

For the Apparel Retail subindustry, Heads UP Ventures'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.


Heads UP Ventures Shiller PE Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Heads UP Ventures's Shiller PE Ratio falls into.


BOM:540210
45GF Score
Heads UP Ventures Ltd BOM:540210
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Heads UP Ventures 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, Heads UP Ventures'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.

Heads UP Ventures Quarterly Data

per share eps CPI Adj_EPS
201609 3.980 105.961 6.286
201612 3.400 105.196 5.409
201703 -2.920 105.196 -4.645
201706 1.090 107.109 1.703
201709 1.770 109.021 2.717
201712 1.430 109.404 2.187
201803 -0.190 109.786 -0.290
201806 0.050 111.317 0.075
201809 0.060 115.142 0.087
201812 0.260 115.142 0.378
201903 -0.640 118.202 -0.906
201906 0.150 120.880 0.208
201909 -3.050 123.175 -4.144
201912 0.450 126.235 0.597
202003 -11.610 124.705 -15.581
202006 -0.310 127.000 -0.409
202009 0.110 130.118 0.141
202012 -0.410 130.889 -0.524
202103 -0.650 131.771 -0.826
202106 -0.630 134.084 -0.786
202109 -0.630 135.847 -0.776
202112 -0.650 138.161 -0.787
202203 -0.520 138.822 -0.627
202206 -0.720 142.347 -0.847
202209 -0.720 144.661 -0.833
202212 -0.690 145.763 -0.792
202303 -2.240 146.865 -2.553
202306 -0.390 150.280 -0.434
202309 -0.350 151.492 -0.387
202312 -0.330 152.924 -0.361
202403 -0.890 153.035 -0.973
202406 -0.110 155.789 -0.118
202409 0.120 157.882 0.127
202412 0.120 158.323 0.127
202503 0.500 157.552 0.531
202506 1.320 159.755 1.383
202509 0.350 162.289 0.361
202512 -0.280 163.281 -0.287
202603 -1.410 164.272 -1.436
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 ₹-1.70 mean?
Heads UP Ventures (BOM:540210) has a E10 of ₹-1.70 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Heads UP Ventures and its competitors.
Is Heads UP Ventures' E10 too high?
Heads UP Ventures' current E10 is ₹-1.70. Overall, Heads UP Ventures has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Heads UP Ventures' E10 compare to TJX and ROST?
Heads UP Ventures' E10 of ₹-1.70 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 Heads UP Ventures and its competitors. Heads UP Ventures's current E10 is ₹-1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heads UP Ventures stock overvalued right now?
Heads UP Ventures (BOM:540210) has a current E10 of ₹-1.70. The current E10 is ₹-1.70. Heads UP Ventures' overall GF Score™ is 45/100 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 Heads UP Ventures (BOM:540210), the current E10 is ₹-1.70 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.

Heads UP Ventures Business Description

Other Exchanges HEADSUP:India
Address Dr. S.S. Rao Road, 209, Peninsula Centre, Parel, Mumbai, MH, IND, 400012
Heads UP Ventures Ltd is engaged in designing, retailing, and distributing men's wear, women's wear, and accessories under the Being Human brand. Geographically, it derives the majority of its revenue from domestic operations. The company offers a range of designs including shirts and t-shirts, jackets, hoodies, sweatshirts, caps, belts, bags, and flip-flops. The company also provides fashion for every occasion with avant-garde designs.
45GF Score

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

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