Garden Reach Shipbuilders & Engineers (BOM:542011) E10: ₹20.03 (As of Dec. 2025)


BOM:542011 Garden Reach Shipbuilders & Engineers Ltd BOM:542011
91 GF Score
Price ₹2,725.20
GF Value ₹2,684.96
Valuation Fairly Valued
! 2 Warning Signs
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What is Garden Reach Shipbuilders & Engineers E10?

Garden Reach Shipbuilders & Engineers BOM:542011 -2.04% 91 E10 is ₹20.03 as of Dec. 2025. GuruFocus rates BOM:542011 with a GF Score™ of 91/100 and a GF Value™ of ₹2,684.96 (Fairly Valued). 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.

Garden Reach Shipbuilders & Engineers's adjusted earnings per share data for the fiscal year that ended in Mar. 2025 was ₹46.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹20.03 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was 15.70% 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 Garden Reach Shipbuilders & Engineers was 15.70% per year. The lowest was 15.70% per year. And the median was 15.70% per year.

As of today (2026-06-29), Garden Reach Shipbuilders & Engineers's current stock price is ₹ 2725.20. Garden Reach Shipbuilders & Engineers's E10 for the fiscal year that ended in Mar. 2025 was ₹20.03. Garden Reach Shipbuilders & Engineers's Shiller PE Ratio of today is 136.06.

During the past 13 years, the highest Shiller PE Ratio of Garden Reach Shipbuilders & Engineers was 164.10. The lowest was 17.17. And the median was 49.27.


Garden Reach Shipbuilders & Engineers  (BOM:542011) 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.

Garden Reach Shipbuilders & Engineers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2725.20/20.03
=136.06

* 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 Garden Reach Shipbuilders & Engineers was 164.10. The lowest was 17.17. And the median was 49.27.


Be Aware

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


Garden Reach Shipbuilders & Engineers E10 Related Terms


Garden Reach Shipbuilders & Engineers E10 Historical Data

* Premium members only.

The historical data trend for Garden Reach Shipbuilders & Engineers'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.

Garden Reach Shipbuilders & Engineers E10 Chart

Garden Reach Shipbuilders & Engineers Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 12.93 13.70 15.69 20.03

Garden Reach Shipbuilders & Engineers Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 20.03 0.00 0.00 0.00

BOM:542011 vs SPCX, GE, RTX: E10 Comparison

For the Aerospace & Defense subindustry, Garden Reach Shipbuilders & Engineers'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.


Garden Reach Shipbuilders & Engineers Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garden Reach Shipbuilders & Engineers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Garden Reach Shipbuilders & Engineers's Shiller PE Ratio falls into.


BOM:542011
91GF Score
Garden Reach Shipbuilders & Engineers Ltd BOM:542011
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Garden Reach Shipbuilders & Engineers 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, Garden Reach Shipbuilders & Engineers's adjusted earnings per share data for the fiscal year that ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=46.04/157.5517*157.5517
=46.040

Current CPI (Mar. 2025) = 157.5517.

Garden Reach Shipbuilders & Engineers Annual Data

per_share_eps CPI Adj_EPS
201603 14.355 102.518 22.061
201703 1.001 105.196 1.499
201803 8.077 109.786 11.591
201903 9.600 118.202 12.796
202003 14.270 124.705 18.029
202103 13.400 131.771 16.022
202203 16.550 138.822 18.783
202303 19.910 146.865 21.359
202403 31.190 153.035 32.111
202503 46.040 157.552 46.040

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 ₹20.03 mean?
Garden Reach Shipbuilders & Engineers (BOM:542011) has a E10 of ₹20.03 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Garden Reach Shipbuilders & Engineers and its competitors.
Is Garden Reach Shipbuilders & Engineers' E10 too high?
Garden Reach Shipbuilders & Engineers' current E10 is ₹20.03. Overall, Garden Reach Shipbuilders & Engineers has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garden Reach Shipbuilders & Engineers' E10 compare to SPCX and GE?
Garden Reach Shipbuilders & Engineers' E10 of ₹20.03 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense 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 Garden Reach Shipbuilders & Engineers and its competitors. Garden Reach Shipbuilders & Engineers's current E10 is ₹20.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garden Reach Shipbuilders & Engineers stock overvalued right now?
Based on GuruFocus' analysis, Garden Reach Shipbuilders & Engineers (BOM:542011) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,684.96, compared to a current price of ₹2,725.20 — trading 1.5% above its estimated fair value. The current E10 is ₹20.03. Garden Reach Shipbuilders & Engineers' overall GF Score™ is 91/100 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 Garden Reach Shipbuilders & Engineers (BOM:542011), the current E10 is ₹20.03 as of Dec. 2025. 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 Garden Reach Shipbuilders & Engineers (BOM:542011) Overvalued in 2026?

Based on GuruFocus' analysis, Garden Reach Shipbuilders & Engineers stock appears to be overvalued. The current stock price of ₹2,725.20 is trading 1.5% above its estimated GF Value™ of ₹2,684.96. GuruFocus considers Garden Reach Shipbuilders & Engineers to be Fairly Valued.

Key valuation signals for BOM:542011:

  • E10: ₹20.03
  • GF Value™: ₹2,684.96 vs. price of ₹2,725.20 (1.5% above fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the BOM:542011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garden Reach Shipbuilders & Engineers Business Description

Other Exchanges GRSE:India
Address 61, Garden Reach Road, GRSE Bhavan, Kolkata, WB, IND, 700024
Garden Reach Shipbuilders & Engineers Ltd is an Indian shipbuilding company mainly engaged in the construction of warships. The company's product portfolio ranges from complex naval warships to weapon systems, encompassing commercial vessels, deck machinery, marine diesel engines, naval surface guns, and Bailey-type portable steel bridges. Additionally, it offers ship repair and maintenance services.
91GF Score

Get the complete analysis for BOM:542011

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

₹2,725.20
Price
₹2,684.96
GF Value