Amara Raja Energy & Mobility (NSE:ARE&M) E10: ₹46.43 (As of Mar. 2026)


NSE:ARE&M Amara Raja Energy & Mobility Ltd NSE:ARE&M
97 GF Score
Price ₹834.80
GF Value ₹1,070.45
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Amara Raja Energy & Mobility E10?

Amara Raja Energy & Mobility NSE:ARE&M -1.78% 97 E10 is ₹46.43 as of Mar. 2026. GuruFocus rates NSE:ARE&M with a GF Score™ of 97/100 and a GF Value™ of ₹1,070.45 (Modestly Undervalued). The stock has 3 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.

Amara Raja Energy & Mobility's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹17.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹46.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Amara Raja Energy & Mobility's average E10 Growth Rate was 4.90% per year. During the past 3 years, the average E10 Growth Rate was 6.30% per year. During the past 5 years, the average E10 Growth Rate was 15.80% 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 Amara Raja Energy & Mobility was 33.90% per year. The lowest was 6.30% per year. And the median was 18.50% per year.

As of today (2026-06-29), Amara Raja Energy & Mobility's current stock price is ₹834.80. Amara Raja Energy & Mobility's E10 for the quarter that ended in Mar. 2026 was ₹46.43. Amara Raja Energy & Mobility's Shiller PE Ratio of today is 17.98.

During the past 13 years, the highest Shiller PE Ratio of Amara Raja Energy & Mobility was 54.74. The lowest was 12.80. And the median was 24.17.


Amara Raja Energy & Mobility  (NSE:ARE&M) 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.

Amara Raja Energy & Mobility's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=834.80/46.43
=17.98

* 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 Amara Raja Energy & Mobility was 54.74. The lowest was 12.80. And the median was 24.17.


Be Aware

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


Amara Raja Energy & Mobility E10 Related Terms


Amara Raja Energy & Mobility E10 Historical Data

* Premium members only.

The historical data trend for Amara Raja Energy & Mobility'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.

Amara Raja Energy & Mobility E10 Chart

Amara Raja Energy & Mobility 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 35.56 38.65 41.78 44.27 46.43

Amara Raja Energy & Mobility 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 44.27 44.60 45.70 45.48 46.43

NSE:ARE&M vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Amara Raja Energy & Mobility'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.


Amara Raja Energy & Mobility Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amara Raja Energy & Mobility's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Amara Raja Energy & Mobility's Shiller PE Ratio falls into.


NSE:ARE&M
97GF Score
Amara Raja Energy & Mobility Ltd NSE:ARE&M
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Amara Raja Energy & Mobility 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, Amara Raja Energy & Mobility'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)
=17.17/164.2724*164.2724
=17.170

Current CPI (Mar. 2026) = 164.2724.

Amara Raja Energy & Mobility Quarterly Data

per share eps CPI Adj_EPS
201606 7.650 105.961 11.860
201609 7.980 105.961 12.371
201612 6.580 105.196 10.275
201703 5.810 105.196 9.073
201706 5.850 107.109 8.972
201709 7.450 109.021 11.226
201712 7.870 109.404 11.817
201803 6.430 109.786 9.621
201806 6.620 111.317 9.769
201809 7.040 115.142 10.044
201812 7.660 115.142 10.928
201903 6.970 118.202 9.687
201906 8.240 120.880 11.198
201909 12.800 123.175 17.071
201912 9.610 126.235 12.506
202003 8.040 124.705 10.591
202006 3.660 127.000 4.734
202009 11.780 130.118 14.872
202012 11.340 130.889 14.232
202103 11.090 131.771 13.825
202106 7.270 134.084 8.907
202109 8.450 135.847 10.218
202112 8.510 138.161 10.118
202203 5.790 138.822 6.851
202206 7.730 142.347 8.921
202209 11.780 144.661 13.377
202212 12.990 145.763 14.640
202303 7.430 146.865 8.311
202306 10.840 150.280 11.849
202309 13.030 151.492 14.129
202312 14.640 152.924 15.726
202403 12.550 153.035 13.472
202406 13.610 155.789 14.351
202409 12.870 157.882 13.391
202412 16.300 158.323 16.913
202503 8.830 157.552 9.207
202506 9.000 159.755 9.254
202509 15.110 162.289 15.295
202512 7.660 163.281 7.707
202603 17.170 164.272 17.170

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 ₹46.43 mean?
Amara Raja Energy & Mobility (NSE:ARE&M) has a E10 of ₹46.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Amara Raja Energy & Mobility and its competitors.
Is Amara Raja Energy & Mobility's E10 too high?
Amara Raja Energy & Mobility's current E10 is ₹46.43. Overall, Amara Raja Energy & Mobility has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amara Raja Energy & Mobility's E10 compare to VRT and BE?
Amara Raja Energy & Mobility's E10 of ₹46.43 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Amara Raja Energy & Mobility and its competitors. Amara Raja Energy & Mobility's current E10 is ₹46.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amara Raja Energy & Mobility stock overvalued right now?
Based on GuruFocus' analysis, Amara Raja Energy & Mobility (NSE:ARE&M) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,070.45, compared to a current price of ₹834.80 — trading 22% below its estimated fair value. The current E10 is ₹46.43. Amara Raja Energy & Mobility's overall GF Score™ is 97/100 with 3 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 Amara Raja Energy & Mobility (NSE:ARE&M), the current E10 is ₹46.43 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 Amara Raja Energy & Mobility (NSE:ARE&M) Overvalued in 2026?

Based on GuruFocus' analysis, Amara Raja Energy & Mobility stock appears to be undervalued. The current stock price of ₹834.80 is trading 22% below its estimated GF Value™ of ₹1,070.45. GuruFocus considers Amara Raja Energy & Mobility to be Modestly Undervalued.

Key valuation signals for NSE:ARE&M:

  • E10: ₹46.43
  • GF Value™: ₹1,070.45 vs. price of ₹834.80 (22% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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


Amara Raja Energy & Mobility Business Description

Other Exchanges 500008:India
Address Terminal A, 1-18/1/AMR/NR, Nanakramguda Gachibowli, Hyderabad, TG, IND, 500032
Amara Raja Energy & Mobility Ltd is an India-based battery maker for both industrial and automotive applications in the Indian storage battery industry. It offers Li-ion cells, battery packs, and charging solutions for Light Electric Vehicles and the telecom industry. The company's reportable segments are; Lead acid and allied products, and Others. The majority of its revenue is generated from the Lead acid and allied products segment. The others segment includes predominantly the manufacture and sale of new energy business-related products. Geographically, the derives its key revenue from India and also exports its products to various other countries.
97GF Score

Get the complete analysis for NSE:ARE&M

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

₹834.80
Price
₹1,070.45
GF Value