Bharat Bijlee (NSE:BBL) E10: ₹73.13 (As of Mar. 2026)


NSE:BBL Bharat Bijlee Ltd NSE:BBL
90 GF Score
Price ₹2,784.50
GF Value ₹3,629.29
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Bharat Bijlee E10?

Bharat Bijlee NSE:BBL -1.29% 90 E10 is ₹73.13 as of Mar. 2026. GuruFocus rates NSE:BBL with a GF Score™ of 90/100 and a GF Value™ of ₹3,629.29 (Modestly Undervalued). The stock has 7 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.

Bharat Bijlee's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹34.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹73.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bharat Bijlee's average E10 Growth Rate was 20.20% per year. During the past 3 years, the average E10 Growth Rate was 37.20% per year. During the past 5 years, the average E10 Growth Rate was 37.40% 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 Bharat Bijlee was 47.40% per year. The lowest was 21.70% per year. And the median was 36.30% per year.

As of today (2026-06-30), Bharat Bijlee's current stock price is ₹2784.50. Bharat Bijlee's E10 for the quarter that ended in Mar. 2026 was ₹73.13. Bharat Bijlee's Shiller PE Ratio of today is 38.08.

During the past 13 years, the highest Shiller PE Ratio of Bharat Bijlee was 116.31. The lowest was 16.40. And the median was 45.39.


Bharat Bijlee  (NSE:BBL) 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.

Bharat Bijlee's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2784.50/73.13
=38.08

* 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 Bharat Bijlee was 116.31. The lowest was 16.40. And the median was 45.39.


Be Aware

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


Bharat Bijlee E10 Related Terms


Bharat Bijlee E10 Historical Data

* Premium members only.

The historical data trend for Bharat Bijlee'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.

Bharat Bijlee E10 Chart

Bharat Bijlee 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 19.09 28.41 43.04 61.13 73.13

Bharat Bijlee 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 61.13 65.05 68.45 69.82 73.13

NSE:BBL vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Bharat Bijlee'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.


Bharat Bijlee Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bharat Bijlee's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bharat Bijlee's Shiller PE Ratio falls into.


NSE:BBL
90GF Score
Bharat Bijlee Ltd NSE:BBL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Bijlee 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, Bharat Bijlee'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)
=34.76/164.2724*164.2724
=34.760

Current CPI (Mar. 2026) = 164.2724.

Bharat Bijlee Quarterly Data

per share eps CPI Adj_EPS
201606 -1.900 105.961 -2.946
201609 5.795 105.961 8.984
201612 2.935 105.196 4.583
201703 5.935 105.196 9.268
201706 -3.425 107.109 -5.253
201709 5.610 109.021 8.453
201712 8.535 109.404 12.815
201803 43.225 109.786 64.677
201806 11.335 111.317 16.727
201809 5.375 115.142 7.668
201812 11.510 115.142 16.421
201903 8.525 118.202 11.848
201906 9.440 120.880 12.829
201909 6.005 123.175 8.009
201912 12.370 126.235 16.097
202003 12.530 124.705 16.506
202006 -7.735 127.000 -10.005
202009 5.355 130.118 6.761
202012 13.880 130.889 17.420
202103 11.545 131.771 14.393
202106 12.100 134.084 14.824
202109 12.735 135.847 15.400
202112 14.065 138.161 16.723
202203 10.270 138.822 12.153
202206 14.445 142.347 16.670
202209 14.995 144.661 17.028
202212 20.425 145.763 23.019
202303 23.765 146.865 26.582
202306 22.410 150.280 24.497
202309 24.670 151.492 26.751
202312 26.270 152.924 28.219
202403 42.930 153.035 46.083
202406 21.170 155.789 22.323
202409 16.620 157.882 17.293
202412 35.940 158.323 37.291
202503 44.510 157.552 46.409
202506 24.660 159.755 25.357
202509 24.980 162.289 25.285
202512 21.840 163.281 21.973
202603 34.760 164.272 34.760

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 ₹73.13 mean?
Bharat Bijlee (NSE:BBL) has a E10 of ₹73.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bharat Bijlee and its competitors.
Is Bharat Bijlee's E10 too high?
Bharat Bijlee's current E10 is ₹73.13. Overall, Bharat Bijlee has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Bijlee's E10 compare to VRT and BE?
Bharat Bijlee's E10 of ₹73.13 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 Bharat Bijlee and its competitors. Bharat Bijlee's current E10 is ₹73.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Bijlee stock overvalued right now?
Based on GuruFocus' analysis, Bharat Bijlee (NSE:BBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,629.29, compared to a current price of ₹2,784.50 — trading 23.3% below its estimated fair value. The current E10 is ₹73.13. Bharat Bijlee's overall GF Score™ is 90/100 with 7 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 Bharat Bijlee (NSE:BBL), the current E10 is ₹73.13 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 Bharat Bijlee (NSE:BBL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Bijlee stock appears to be undervalued. The current stock price of ₹2,784.50 is trading 23.3% below its estimated GF Value™ of ₹3,629.29. GuruFocus considers Bharat Bijlee to be Modestly Undervalued.

Key valuation signals for NSE:BBL:

  • E10: ₹73.13
  • GF Value™: ₹3,629.29 vs. price of ₹2,784.50 (23.3% below fair value)
  • GF Score™: 90/100 with 7 warning signs

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


Bharat Bijlee Business Description

Other Exchanges 503960:India
Address Appasaheb Marathe Marg, 6th Floor, Electric Mansion, Prabhadevi, Mumbai, MH, IND, 400025
Bharat Bijlee Ltd offers electric motors and transformers. The company's operating business segments include Power Systems and Industrial Systems. The Power Systems segment, which generates maximum revenue, comprises the design, commissioning, and marketing of power transformers; EPC projects for electrical substations, including delivery, rectification, commissioning, and servicing of transformers, and marketing of maintenance products. The Industrial systems segment comprises the development, marketing, and manufacture of a wide range of standard and customized electric motors; magnet technology machines, and the engineering and supply of Drives and Automation systems. Geographically, it has a presence in India and Outside India, of which a majority of its revenue is derived from India.
90GF Score

Get the complete analysis for NSE:BBL

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

₹2,784.50
Price
₹3,629.29
GF Value