Marg Techno Projects (BOM:540254) E10: ₹0.19 (As of Mar. 2026)


BOM:540254 Marg Techno Projects Ltd BOM:540254
66 GF Score
Price ₹13.84
GF Value ₹10.70
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Marg Techno Projects E10?

Marg Techno Projects BOM:540254 +0.44% 66 E10 is ₹0.19 as of Mar. 2026. GuruFocus rates BOM:540254 with a GF Score™ of 66/100 and a GF Value™ of ₹10.70 (Modestly Overvalued). 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.

Marg Techno Projects's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.315. 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 Mar. 2026.

During the past 12 months, Marg Techno Projects's average E10 Growth Rate was 35.70% per year. During the past 3 years, the average E10 Growth Rate was 20.00% 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 Marg Techno Projects was 26.00% per year. The lowest was 20.00% per year. And the median was 23.00% per year.

As of today (2026-07-04), Marg Techno Projects's current stock price is ₹13.84. Marg Techno Projects's E10 for the quarter that ended in Mar. 2026 was ₹0.19. Marg Techno Projects's Shiller PE Ratio of today is 72.84.

During the past 13 years, the highest Shiller PE Ratio of Marg Techno Projects was 141.73. The lowest was 29.41. And the median was 79.01.


Marg Techno Projects  (BOM:540254) 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.

Marg Techno Projects's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.84/0.19
=72.84

* 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 Marg Techno Projects was 141.73. The lowest was 29.41. And the median was 79.01.


Be Aware

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


Marg Techno Projects E10 Related Terms


Marg Techno Projects E10 Historical Data

* Premium members only.

The historical data trend for Marg Techno Projects'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.

Marg Techno Projects E10 Chart

Marg Techno Projects 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 0.07 0.11 0.12 0.14 0.19

Marg Techno Projects 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 0.14 0.15 0.15 0.16 0.19

BOM:540254 vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Marg Techno Projects'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.


Marg Techno Projects Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Marg Techno Projects's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Marg Techno Projects's Shiller PE Ratio falls into.


BOM:540254
66GF Score
Marg Techno Projects Ltd BOM:540254
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marg Techno Projects 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, Marg Techno Projects'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)
=0.315/164.2724*164.2724
=0.315

Current CPI (Mar. 2026) = 164.2724.

Marg Techno Projects Quarterly Data

per share eps CPI Adj_EPS
201606 0.006 105.961 0.009
201609 0.005 105.961 0.008
201612 -0.002 105.196 -0.003
201703 0.004 105.196 0.006
201706 0.017 107.109 0.026
201709 0.047 109.021 0.071
201712 0.055 109.404 0.083
201803 -0.098 109.786 -0.147
201806 0.034 111.317 0.050
201809 0.016 115.142 0.023
201812 0.055 115.142 0.078
201903 -0.135 118.202 -0.188
201906 0.013 120.880 0.018
201909 -0.013 123.175 -0.017
201912 0.189 126.235 0.246
202003 -0.041 124.705 -0.054
202006 0.077 127.000 0.100
202009 0.166 130.118 0.210
202012 0.119 130.889 0.149
202103 -0.166 131.771 -0.207
202106 0.081 134.084 0.099
202109 0.123 135.847 0.149
202112 0.128 138.161 0.152
202203 -0.089 138.822 -0.105
202206 0.081 142.347 0.093
202209 0.021 144.661 0.024
202212 0.077 145.763 0.087
202303 0.170 146.865 0.190
202306 0.055 150.280 0.060
202309 0.115 151.492 0.125
202312 0.047 152.924 0.050
202403 -0.145 153.035 -0.156
202406 0.021 155.789 0.022
202409 0.013 157.882 0.014
202412 0.068 158.323 0.071
202503 0.111 157.552 0.116
202506 0.034 159.755 0.035
202509 0.055 162.289 0.056
202512 0.060 163.281 0.060
202603 0.315 164.272 0.315

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?
Marg Techno Projects (BOM:540254) has a E10 of ₹0.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marg Techno Projects and its competitors.
Is Marg Techno Projects' E10 too high?
Marg Techno Projects' current E10 is ₹0.19. Overall, Marg Techno Projects has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marg Techno Projects' E10 compare to V and MA?
Marg Techno Projects' E10 of ₹0.19 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 Marg Techno Projects and its competitors. Marg Techno Projects'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 Marg Techno Projects stock overvalued right now?
Based on GuruFocus' analysis, Marg Techno Projects (BOM:540254) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10.70, compared to a current price of ₹13.84 — trading 29.3% above its estimated fair value. The current E10 is ₹0.19. Marg Techno Projects' overall GF Score™ is 66/100 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 Marg Techno Projects (BOM:540254), the current E10 is ₹0.19 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 Marg Techno Projects (BOM:540254) Overvalued in 2026?

Based on GuruFocus' analysis, Marg Techno Projects stock appears to be overvalued. The current stock price of ₹13.84 is trading 29.3% above its estimated GF Value™ of ₹10.70. GuruFocus considers Marg Techno Projects to be Modestly Overvalued.

Key valuation signals for BOM:540254:

  • E10: ₹0.19
  • GF Value™: ₹10.70 vs. price of ₹13.84 (29.3% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the BOM:540254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marg Techno Projects Business Description

Address 1206, Royal Trade Center, Opposite Star Bazar, Adajan, Surat, GJ, IND, 395009
Marg Techno Projects Ltd operates as a non-banking financial company, focusing on providing a range of financial services including personal loans, gold loans, asset leasing, and venture finance. The company serves individuals and businesses prominently in India, offering tailored financial solutions to meet liquidity needs. It also developed digital platforms for online and doorstep gold loan processing. Revenue is generated from interest income and fees associated with its lending and financial services.
66GF Score

Get the complete analysis for BOM:540254

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

₹13.84
Price
₹10.70
GF Value