HDFC Asset Management Co (NSE:HDFCAMC) E10: ₹45.19 (As of Jun. 2026)

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NSE:HDFCAMC HDFC Asset Management Co Ltd NSE:HDFCAMC
100 GF Score
Price ₹2,552.40
GF Value ₹3,005.67
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is HDFC Asset Management Co E10?

HDFC Asset Management Co NSE:HDFCAMC +1.86% 100 E10 is ₹45.19 as of Jun. 2026. GuruFocus rates NSE:HDFCAMC with a GF Score™ of 100/100 and a GF Value™ of ₹3,005.67 (Modestly Undervalued). The stock has 1 warning sign 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.

HDFC Asset Management Co's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹19.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹45.19 for the trailing ten years ended in Jun. 2026.

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 (2026-07-28), HDFC Asset Management Co's current stock price is ₹2552.40. HDFC Asset Management Co's E10 for the quarter that ended in Jun. 2026 was ₹45.19. HDFC Asset Management Co's Shiller PE Ratio of today is 56.48.

During the past 13 years, the highest Shiller PE Ratio of HDFC Asset Management Co was 61.95. The lowest was 55.45. And the median was 59.90.


HDFC Asset Management Co  (NSE:HDFCAMC) 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.

HDFC Asset Management Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2552.40/45.19
=56.48

* 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 HDFC Asset Management Co was 61.95. The lowest was 55.45. And the median was 59.90.


Be Aware

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


HDFC Asset Management Co E10 Related Terms


HDFC Asset Management Co E10 Historical Data

* Premium members only.

The historical data trend for HDFC Asset Management 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.

HDFC Asset Management Co E10 Chart

HDFC Asset Management 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 0.00 0.00

HDFC Asset Management Co 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 45.19

NSE:HDFCAMC vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, HDFC Asset Management 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.


HDFC Asset Management Co Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's Shiller PE Ratio falls into.


NSE:HDFCAMC
100GF Score
HDFC Asset Management Co Ltd NSE:HDFCAMC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HDFC Asset Management 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, HDFC Asset Management Co'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)
=19.46/166.1454*166.1454
=19.460

Current CPI (Jun. 2026) = 166.1454.

HDFC Asset Management Co Quarterly Data

per share eps CPI Adj_EPS
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
201709 4.455 109.021 6.789
201712 4.625 109.404 7.024
201803 4.063 109.786 6.149
201806 4.840 111.317 7.224
201809 4.845 115.142 6.991
201812 5.715 115.142 8.247
201903 6.490 118.202 9.122
201906 6.845 120.880 9.408
201909 8.635 123.175 11.647
201912 8.265 126.235 10.878
202003 5.870 124.705 7.821
202006 7.085 127.000 9.269
202009 7.925 130.118 10.119
202012 8.655 130.889 10.986
202103 7.410 131.771 9.343
202106 8.095 134.084 10.031
202109 8.070 135.847 9.870
202112 8.430 138.161 10.138
202203 8.055 138.822 9.640
202206 7.360 142.347 8.590
202209 8.530 144.661 9.797
202212 8.650 145.763 9.860
202303 8.810 146.865 9.967
202306 11.185 150.280 12.366
202309 10.220 151.492 11.209
202312 11.410 152.924 12.396
202403 12.630 153.035 13.712
202406 14.090 155.789 15.027
202409 13.445 157.882 14.149
202412 14.950 158.323 15.689
202503 14.890 157.552 15.702
202506 17.410 159.755 18.106
202509 16.710 162.289 17.107
202512 17.890 163.281 18.204
202603 14.480 164.272 14.645
202606 19.460 166.145 19.460

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 ₹45.19 mean?
HDFC Asset Management Co (NSE:HDFCAMC) has a E10 of ₹45.19 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on HDFC Asset Management Co and its competitors.
Is HDFC Asset Management Co's E10 too high?
HDFC Asset Management Co's current E10 is ₹45.19. Overall, HDFC Asset Management Co has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Asset Management Co's E10 compare to BLK and BX?
HDFC Asset Management Co's E10 of ₹45.19 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 HDFC Asset Management Co and its competitors. HDFC Asset Management Co's current E10 is ₹45.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Asset Management Co stock overvalued right now?
Based on GuruFocus' analysis, HDFC Asset Management Co (NSE:HDFCAMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,005.67, compared to a current price of ₹2,552.40 — trading 15.1% below its estimated fair value. The current E10 is ₹45.19. HDFC Asset Management Co's overall GF Score™ is 100/100 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 HDFC Asset Management Co (NSE:HDFCAMC), the current E10 is ₹45.19 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 HDFC Asset Management Co (NSE:HDFCAMC) Overvalued in 2026?

Based on GuruFocus' analysis, HDFC Asset Management Co stock appears to be undervalued. The current stock price of ₹2,552.40 is trading 15.1% below its estimated GF Value™ of ₹3,005.67. GuruFocus considers HDFC Asset Management Co to be Modestly Undervalued.

Key valuation signals for NSE:HDFCAMC:

  • E10: ₹45.19
  • GF Value™: ₹3,005.67 vs. price of ₹2,552.40 (15.1% below fair value)
  • GF Score™: 100/100 with 1 warning sign

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


HDFC Asset Management Co Business Description

Other Exchanges 541729:India
Address H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400020
HDFC Asset Management Co Ltd is an asset management company engaged in providing asset management services to HDFC Mutual Fund, Portfolio Management Services, Advisory Services, and Investment Management Services to AIFs. The Group principally generates revenue from providing asset management services to Mutual Funds, Alternative Investment Funds (AIFs), and other clients. The majority of its revenue is derived from within India.
100GF Score

Get the complete analysis for NSE:HDFCAMC

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

₹2,552.40
Price
₹3,005.67
GF Value