Apex Capital & Finance (BOM:541133) E10: ₹2.19 (As of Mar. 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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

What is Apex Capital & Finance E10?

Apex Capital & Finance BOM:541133 E10 is ₹2.19 as of Mar. 2026. The stock has 5 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.

Apex Capital & Finance's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Apex Capital & Finance's average E10 Growth Rate was 31.90% 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.

As of today (2026-08-09), Apex Capital & Finance's current stock price is ₹45.60. Apex Capital & Finance's E10 for the quarter that ended in Mar. 2026 was ₹2.19. Apex Capital & Finance's Shiller PE Ratio of today is 20.82.

During the past 13 years, the highest Shiller PE Ratio of Apex Capital & Finance was 29.23. The lowest was 20.81. And the median was 26.67.


Apex Capital & Finance  (BOM:541133) 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.

Apex Capital & Finance's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=45.60/2.19
=20.82

* 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 Apex Capital & Finance was 29.23. The lowest was 20.81. And the median was 26.67.


Be Aware

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


Apex Capital & Finance E10 Related Terms


Apex Capital & Finance E10 Historical Data

* Premium members only.

The historical data trend for Apex Capital & Finance'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.

Apex Capital & Finance E10 Chart

Apex Capital & Finance 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 1.59 1.66 2.19

Apex Capital & Finance 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 1.66 1.78 1.94 2.16 2.19

BOM:541133 vs : E10 Comparison

For the Credit Services subindustry, Apex Capital & Finance'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.


Apex Capital & Finance Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Apex Capital & Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Apex Capital & Finance's Shiller PE Ratio falls into.



Apex Capital & Finance 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, Apex Capital & Finance'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)
=0.16/164.2724*164.2724
=0.160

Current CPI (Mar. 2026) = 164.2724.

Apex Capital & Finance Quarterly Data

per share eps CPI Adj_EPS
201606 -0.024 105.961 -0.037
201609 -0.030 105.961 -0.047
201612 -0.094 105.196 -0.147
201703 1.293 105.196 2.019
201706 -0.096 107.109 -0.147
201709 -0.136 109.021 -0.205
201712 -0.770 109.404 -1.156
201803 1.740 109.786 2.604
201806 0.140 111.317 0.207
201809 0.140 115.142 0.200
201812 0.210 115.142 0.300
201903 0.210 118.202 0.292
201906 0.110 120.880 0.149
201909 0.130 123.175 0.173
201912 0.170 126.235 0.221
202003 0.290 124.705 0.382
202006 0.270 127.000 0.349
202009 0.270 130.118 0.341
202012 0.240 130.889 0.301
202103 0.260 131.771 0.324
202106 0.180 134.084 0.221
202109 0.120 135.847 0.145
202112 0.080 138.161 0.095
202203 0.200 138.822 0.237
202206 0.250 142.347 0.289
202209 0.230 144.661 0.261
202212 0.200 145.763 0.225
202303 0.390 146.865 0.436
202306 0.280 150.280 0.306
202309 0.220 151.492 0.239
202312 6.400 152.924 6.875
202403 0.680 153.035 0.730
202406 0.060 155.789 0.063
202409 0.000 157.882 0.000
202412 0.120 158.323 0.125
202503 0.070 157.552 0.073
202506 1.320 159.755 1.357
202509 1.310 162.289 1.326
202512 2.070 163.281 2.083
202603 0.160 164.272 0.160

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 ₹2.19 mean?
Apex Capital & Finance (BOM:541133) has a E10 of ₹2.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Apex Capital & Finance and its competitors.
Is Apex Capital & Finance's E10 too high?
Apex Capital & Finance's current E10 is ₹2.19.
How does Apex Capital & Finance's E10 compare to ?
Apex Capital & Finance's E10 of ₹2.19 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 Apex Capital & Finance and its competitors. Apex Capital & Finance's current E10 is ₹2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Capital & Finance stock overvalued right now?
Apex Capital & Finance (BOM:541133) has a current E10 of ₹2.19. The stock's GF Value™ is ₹54.11, compared to a current price of ₹45.60 — trading 15.7% below its estimated fair value. The current E10 is ₹2.19. 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 Apex Capital & Finance (BOM:541133), the current E10 is ₹2.19 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.

Apex Capital & Finance Business Description

Comparable Companies
Address L-3, Green Park Extension, New Delhi, IND, 110016
Apex Capital & Finance Ltd is a Non-Deposit Accepting Non-Banking Finance Company. The main business of the Company is lending/advancing of short-term and / long-term finance to any individual, firm, company, bodies corporate, corporation, society, etc., whether at interest or without interest and with or without security. It operates in India, which is considered a single geographical segment. The Company is engaged in a single segment of finance/lending.