Hindustan Construction Co (NSE:HCC) E10: ₹0.75 (As of Mar. 2026)


NSE:HCC Hindustan Construction Co Ltd NSE:HCC
63 GF Score
Price ₹26.76
GF Value ₹16.32
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Hindustan Construction Co E10?

Hindustan Construction Co NSE:HCC -2.26% 63 E10 is ₹0.75 as of Mar. 2026. GuruFocus rates NSE:HCC with a GF Score™ of 63/100 and a GF Value™ of ₹16.32 (Significantly Overvalued). The stock has 6 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.

Hindustan Construction Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hindustan Construction Co's average E10 Growth Rate was 5.60% 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.

As of today (2026-06-29), Hindustan Construction Co's current stock price is ₹26.76. Hindustan Construction Co's E10 for the quarter that ended in Mar. 2026 was ₹0.75. Hindustan Construction Co's Shiller PE Ratio of today is 35.68.

During the past 13 years, the highest Shiller PE Ratio of Hindustan Construction Co was 54.17. The lowest was 19.90. And the median was 31.77.


Hindustan Construction Co  (NSE:HCC) 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.

Hindustan Construction Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.76/0.75
=35.68

* 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 Hindustan Construction Co was 54.17. The lowest was 19.90. And the median was 31.77.


Be Aware

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


Hindustan Construction Co E10 Related Terms


Hindustan Construction Co E10 Historical Data

* Premium members only.

The historical data trend for Hindustan Construction Co'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.

Hindustan Construction Co E10 Chart

Hindustan Construction Co 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 0.71 0.75

Hindustan Construction Co 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 0.71 0.73 0.75 0.73 0.75

NSE:HCC vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Hindustan Construction Co'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.


Hindustan Construction Co Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Hindustan Construction Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hindustan Construction Co's Shiller PE Ratio falls into.


NSE:HCC
63GF Score
Hindustan Construction Co Ltd NSE:HCC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindustan Construction Co 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, Hindustan Construction Co'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)
=0.27/164.2724*164.2724
=0.270

Current CPI (Mar. 2026) = 164.2724.

Hindustan Construction Co Quarterly Data

per share eps CPI Adj_EPS
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 -0.501 111.317 -0.739
201809 3.611 115.142 5.152
201812 0.065 115.142 0.093
201903 -2.511 118.202 -3.490
201906 0.533 120.880 0.724
201909 -2.124 123.175 -2.833
201912 1.196 126.235 1.556
202003 1.664 124.705 2.192
202006 -2.181 127.000 -2.821
202009 -2.545 130.118 -3.213
202012 0.630 130.889 0.791
202103 0.840 131.771 1.047
202106 0.961 134.084 1.177
202109 0.743 135.847 0.898
202112 0.347 138.161 0.413
202203 0.953 138.822 1.128
202206 -1.494 142.347 -1.724
202209 1.704 144.661 1.935
202212 -1.381 145.763 -1.556
202303 1.003 146.865 1.122
202306 0.286 150.280 0.313
202309 -0.017 151.492 -0.018
202312 0.968 152.924 1.040
202403 1.313 153.035 1.409
202406 -0.008 155.789 -0.008
202409 0.320 157.882 0.333
202412 -0.200 158.323 -0.208
202503 0.460 157.552 0.480
202506 0.236 159.755 0.243
202509 0.219 162.289 0.222
202512 0.040 163.281 0.040
202603 0.270 164.272 0.270

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 ₹0.75 mean?
Hindustan Construction Co (NSE:HCC) has a E10 of ₹0.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hindustan Construction Co and its competitors.
Is Hindustan Construction Co's E10 too high?
Hindustan Construction Co's current E10 is ₹0.75. Overall, Hindustan Construction Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Construction Co's E10 compare to PWR and FIX?
Hindustan Construction Co's E10 of ₹0.75 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Hindustan Construction Co and its competitors. Hindustan Construction Co's current E10 is ₹0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Construction Co (NSE:HCC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹16.32, compared to a current price of ₹26.76 — trading 64% above its estimated fair value. The current E10 is ₹0.75. Hindustan Construction Co's overall GF Score™ is 63/100 with 6 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 Hindustan Construction Co (NSE:HCC), the current E10 is ₹0.75 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 Hindustan Construction Co (NSE:HCC) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Construction Co stock appears to be overvalued. The current stock price of ₹26.76 is trading 64% above its estimated GF Value™ of ₹16.32. GuruFocus considers Hindustan Construction Co to be Significantly Overvalued.

Key valuation signals for NSE:HCC:

  • E10: ₹0.75
  • GF Value™: ₹16.32 vs. price of ₹26.76 (64% above fair value)
  • GF Score™: 63/100 with 6 warning signs

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


Hindustan Construction Co Business Description

Other Exchanges 500185:India
Address Lal Bahadur Shastri Marg, Hincon House, C-101, 1st Floor, 247 Park, Vikhroli (West), Mumbai, MH, IND, 400083
Hindustan Construction Co Ltd is engaged in the EPC(Engineering, Procurement, and Construction) Business. It is involved in high-value projects that span across diverse sectors such as transportation, power, marine projects, irrigation and water supply, special buildings and industrial plants. Its business segments include Engineering and Construction, which is the key revenue driver; Infrastructure; Real Estate; and others.
63GF Score

Get the complete analysis for NSE:HCC

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

₹26.76
Price
₹16.32
GF Value