Bharat Seats (NSE:BHARATSE) E10: ₹4.08 (As of Jun. 2026)

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NSE:BHARATSE Bharat Seats Ltd NSE:BHARATSE
64 GF Score
Price ₹231.58
GF Value ₹179.19
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Bharat Seats E10?

Bharat Seats NSE:BHARATSE -2.31% 64 E10 is ₹4.08 as of Jun. 2026. GuruFocus rates NSE:BHARATSE with a GF Score™ of 64/100 and a GF Value™ of ₹179.19 (Modestly Overvalued). The stock has 4 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 Seats's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹2.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.08 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Bharat Seats's average E10 Growth Rate was 19.80% per year. During the past 3 years, the average E10 Growth Rate was 12.70% per year. During the past 5 years, the average E10 Growth Rate was 11.20% 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 Seats was 12.70% per year. The lowest was 8.20% per year. And the median was 10.80% per year.

As of today (2026-08-12), Bharat Seats's current stock price is ₹231.58. Bharat Seats's E10 for the quarter that ended in Jun. 2026 was ₹4.08. Bharat Seats's Shiller PE Ratio of today is 56.76.

During the past 13 years, the highest Shiller PE Ratio of Bharat Seats was 60.84. The lowest was 14.22. And the median was 22.06.


Bharat Seats  (NSE:BHARATSE) 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 Seats's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=231.58/4.08
=56.76

* 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 Seats was 60.84. The lowest was 14.22. And the median was 22.06.


Be Aware

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


Bharat Seats E10 Related Terms


Bharat Seats E10 Historical Data

* Premium members only.

The historical data trend for Bharat Seats'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 Seats E10 Chart

Bharat Seats 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 3.22 3.87

Bharat Seats 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 3.44 3.57 3.70 3.87 4.08

NSE:BHARATSE vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Bharat Seats'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 Seats Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Seats's Shiller PE Ratio distribution charts can be found below:

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


NSE:BHARATSE
64GF Score
Bharat Seats Ltd NSE:BHARATSE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bharat Seats 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 Seats'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)
=2.1/166.1454*166.1454
=2.100

Current CPI (Jun. 2026) = 166.1454.

Bharat Seats Quarterly Data

per share eps CPI Adj_EPS
201609 0.560 105.961 0.878
201612 0.470 105.196 0.742
201703 0.640 105.196 1.011
201706 0.695 107.109 1.078
201709 1.630 109.021 2.484
201712 0.930 109.404 1.412
201803 1.235 109.786 1.869
201806 1.135 111.317 1.694
201809 1.090 115.142 1.573
201812 0.430 115.142 0.620
201903 0.755 118.202 1.061
201906 0.605 120.880 0.832
201909 1.115 123.175 1.504
201912 0.370 126.235 0.487
202003 -0.100 124.705 -0.133
202006 -1.675 127.000 -2.191
202009 0.525 130.118 0.670
202012 1.055 130.889 1.339
202103 0.860 131.771 1.084
202106 0.070 134.084 0.087
202109 0.270 135.847 0.330
202112 0.375 138.161 0.451
202203 1.185 138.822 1.418
202206 0.565 142.347 0.659
202209 0.935 144.661 1.074
202212 0.755 145.763 0.861
202303 1.170 146.865 1.324
202306 0.745 150.280 0.824
202309 1.080 151.492 1.184
202312 0.880 152.924 0.956
202403 -0.705 153.035 -0.765
202406 1.050 155.789 1.120
202409 1.130 157.882 1.189
202412 1.210 158.323 1.270
202503 1.810 157.552 1.909
202506 1.460 159.755 1.518
202509 1.580 162.289 1.618
202512 1.580 163.281 1.608
202603 2.110 164.272 2.134
202606 2.100 166.145 2.100

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 ₹4.08 mean?
Bharat Seats (NSE:BHARATSE) has a E10 of ₹4.08 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bharat Seats and its competitors.
Is Bharat Seats' E10 too high?
Bharat Seats' current E10 is ₹4.08. Overall, Bharat Seats has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Seats' E10 compare to ORLY and AZO?
Bharat Seats' E10 of ₹4.08 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Seats and its competitors. Bharat Seats's current E10 is ₹4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Seats stock overvalued right now?
Based on GuruFocus' analysis, Bharat Seats (NSE:BHARATSE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹179.19, compared to a current price of ₹231.58 — trading 29.2% above its estimated fair value. The current E10 is ₹4.08. Bharat Seats' overall GF Score™ is 64/100 with 4 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 Seats (NSE:BHARATSE), the current E10 is ₹4.08 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 Bharat Seats (NSE:BHARATSE) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Seats stock appears to be overvalued. The current stock price of ₹231.58 is trading 29.2% above its estimated GF Value™ of ₹179.19. GuruFocus considers Bharat Seats to be Modestly Overvalued.

Key valuation signals for NSE:BHARATSE:

  • E10: ₹4.08
  • GF Value™: ₹179.19 vs. price of ₹231.58 (29.2% above fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Bharat Seats Business Description

Other Exchanges 523229:India
Address 1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070
Bharat Seats Ltd is an Indian-based company. The company manufactures complete seating systems and interior components for automotive and surface transport. The products of the company include Four wheeler seating system, Two wheeler seating systems, Moulded carpets, Two wheeler frames and sheet metal components, Railway seats and berths, and Two-wheeler mainframes. The company has market coverage in India.
64GF Score

Get the complete analysis for NSE:BHARATSE

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

₹231.58
Price
₹179.19
GF Value