Benares Hotels (NSE:BENARAS) E10: ₹0.00 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

NSE:BENARAS Benares Hotels Ltd NSE:BENARAS
71 GF Score
Price ₹10,122.00
GF Value ₹10,766.50
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Benares Hotels E10?

Benares Hotels NSE:BENARAS -0.76% 71 E10 is ₹0.00 as of Jun. 2026. GuruFocus rates NSE:BENARAS with a GF Score™ of 71/100 and a GF Value™ of ₹10,766.50 (Fairly Valued). The stock has 1 warning sign investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Benares Hotels's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹63.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Benares Hotels's average E10 Growth Rate was 23.30% per year. During the past 3 years, the average E10 Growth Rate was 21.00% per year. During the past 5 years, the average E10 Growth Rate was 16.60% 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 Benares Hotels was 21.00% per year. The lowest was -1.10% per year. And the median was 11.90% per year.

As of today (2026-08-31), Benares Hotels's current stock price is ₹10122.00. Benares Hotels's E10 for the quarter that ended in Jun. 2026 was ₹0.00. Benares Hotels's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Benares Hotels was 96.32. The lowest was 13.91. And the median was 34.45.


Benares Hotels  (NSE:BENARAS) 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.

During the past 13 years, the highest Shiller P/E Ratio of Benares Hotels was 96.32. The lowest was 13.91. And the median was 34.45.


Be Aware

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


Benares Hotels E10 Related Terms


Benares Hotels E10 Historical Data

* Premium members only.

The historical data trend for Benares Hotels'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.

Benares Hotels E10 Chart

Benares Hotels 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 0.00 0.00 0.00

Benares Hotels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00

NSE:BENARAS vs MAR, HLT, H: E10 Comparison

For the Lodging subindustry, Benares Hotels'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.


Benares Hotels Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Benares Hotels's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Benares Hotels's Shiller PE Ratio falls into.


NSE:BENARAS
71GF Score
Benares Hotels Ltd NSE:BENARAS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Benares Hotels 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, Benares Hotels's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=63.45/333.9520*333.9520
=63.450

Current CPI (Jun. 2026) = 333.9520.

Benares Hotels Quarterly Data

per share eps CPI Adj_EPS
201609 2.810 241.428 3.887
201612 29.220 241.432 40.417
201703 16.740 243.801 22.930
201706 -2.790 244.955 -3.804
201709 -3.390 246.819 -4.587
201712 19.160 246.524 25.955
201803 36.890 249.554 49.366
201806 2.010 251.989 2.664
201809 1.090 252.439 1.442
201812 27.380 251.233 36.395
201903 36.620 254.202 48.109
201906 2.910 256.143 3.794
201909 5.000 256.759 6.503
201912 40.280 256.974 52.346
202003 33.440 258.115 43.265
202006 -28.960 257.797 -37.515
202009 -23.290 260.280 -29.882
202012 4.160 260.474 5.334
202103 7.870 264.877 9.922
202106 -17.500 271.696 -21.510
202109 3.730 274.310 4.541
202112 33.920 278.802 40.630
202203 23.340 287.504 27.111
202206 34.900 296.311 39.333
202209 22.840 296.808 25.698
202212 63.740 296.797 71.719
202303 58.370 301.836 64.581
202306 48.470 305.109 53.052
202309 52.640 307.789 57.115
202312 86.960 306.746 94.673
202403 89.180 312.332 95.353
202406 49.480 314.175 52.595
202409 55.410 315.301 58.688
202412 104.310 315.605 110.374
202503 123.490 319.799 128.955
202506 58.320 322.561 60.380
202509 46.760 324.800 48.078
202512 109.480 324.054 112.824
202603 118.050 330.213 119.387
202606 63.450 333.952 63.450

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 ₹0.00 mean?
Benares Hotels (NSE:BENARAS) has a E10 of ₹0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Benares Hotels and its competitors.
Is Benares Hotels' E10 too high?
Benares Hotels' current E10 is ₹0.00. Overall, Benares Hotels has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Benares Hotels' E10 compare to MAR and HLT?
Benares Hotels' E10 of ₹0.00 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Benares Hotels and its competitors. Benares Hotels's current E10 is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benares Hotels stock overvalued right now?
Based on GuruFocus' analysis, Benares Hotels (NSE:BENARAS) is currently considered Fairly Valued. The stock's GF Value™ is ₹10,766.50, compared to a current price of ₹10,122.00 — trading 6% below its estimated fair value. The current E10 is ₹0.00. Benares Hotels' overall GF Score™ is 71/100 with 1 warning sign 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 Benares Hotels (NSE:BENARAS), the current E10 is ₹0.00 as of Jun. 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 Benares Hotels (NSE:BENARAS) Overvalued in 2026?

Based on GuruFocus' analysis, Benares Hotels stock appears to be undervalued. The current stock price of ₹10,122.00 is trading 6% below its estimated GF Value™ of ₹10,766.50. GuruFocus considers Benares Hotels to be Fairly Valued.

Key valuation signals for NSE:BENARAS:

  • E10: ₹0.00
  • GF Value™: ₹10,766.50 vs. price of ₹10,122.00 (6% below fair value)
  • GF Score™: 71/100 with 1 warning sign

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


Benares Hotels Business Description

Other Exchanges 509438:India
Address Sardar Patel Marg, Taj Palace Hotel, New Delhi, IND, 110021
Benares Hotels Ltd operates hotels. The company operates hotels including Taj Ganges Hotel and Taj Nadesar Palace in Varanasi. Taj Nadesar Palace Palace in Varanasi and The Gateway Hotel, Gondia in Maharashtra. It has only one business which is Hoteliering.
71GF Score

Get the complete analysis for NSE:BENARAS

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

₹10,122.00
Price
₹10,766.50
GF Value