Indian Hotels Co (NSE:INDHOTEL) E10: ₹4.39 (As of Mar. 2026)


NSE:INDHOTEL Indian Hotels Co Ltd NSE:INDHOTEL
89 GF Score
Price ₹752.30
GF Value ₹857.50
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Indian Hotels Co E10?

Indian Hotels Co NSE:INDHOTEL +2.85% 89 E10 is ₹4.39 as of Mar. 2026. GuruFocus rates NSE:INDHOTEL with a GF Score™ of 89/100 and a GF Value™ of ₹857.50 (Modestly Undervalued). The stock has 3 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.

Indian Hotels Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹4.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Indian Hotels Co's average E10 Growth Rate was 69.50% 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 (2026-07-12), Indian Hotels Co's current stock price is ₹752.30. Indian Hotels Co's E10 for the quarter that ended in Mar. 2026 was ₹4.39. Indian Hotels Co's Shiller PE Ratio of today is 171.37.

During the past 13 years, the highest Shiller PE Ratio of Indian Hotels Co was 1248.73. The lowest was 132.81. And the median was 297.16.


Indian Hotels Co  (NSE:INDHOTEL) 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.

Indian Hotels Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=752.30/4.39
=171.37

* 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 Indian Hotels Co was 1248.73. The lowest was 132.81. And the median was 297.16.


Be Aware

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


Indian Hotels Co E10 Related Terms


Indian Hotels Co E10 Historical Data

* Premium members only.

The historical data trend for Indian Hotels 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.

Indian Hotels Co E10 Chart

Indian Hotels 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 -2.77 -1.37 0.51 2.59 4.39

Indian Hotels 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 2.59 2.78 3.25 3.89 4.39

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

For the Lodging subindustry, Indian Hotels 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.


Indian Hotels Co Shiller PE Ratio vs Travel & Leisure Industry

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

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


NSE:INDHOTEL
89GF Score
Indian Hotels Co Ltd NSE:INDHOTEL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Hotels 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, Indian Hotels 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)
=4.21/164.2724*164.2724
=4.210

Current CPI (Mar. 2026) = 164.2724.

Indian Hotels Co Quarterly Data

per share eps CPI Adj_EPS
201606 -1.552 105.961 -2.406
201609 -0.245 105.961 -0.380
201612 0.863 105.196 1.348
201703 0.415 105.196 0.648
201706 -0.233 107.109 -0.357
201709 -0.533 109.021 -0.803
201712 0.921 109.404 1.383
201803 0.650 109.786 0.973
201806 0.126 111.317 0.186
201809 -0.039 115.142 -0.056
201812 1.318 115.142 1.880
201903 0.940 118.202 1.306
201906 0.048 120.880 0.065
201909 0.582 123.175 0.776
201912 1.658 126.235 2.158
202003 0.601 124.705 0.792
202006 -2.278 127.000 -2.947
202009 -1.871 130.118 -2.362
202012 -0.969 130.889 -1.216
202103 -0.740 131.771 -0.923
202106 -2.260 134.084 -2.769
202109 -0.980 135.847 -1.185
202112 0.610 138.161 0.725
202203 0.640 138.822 0.757
202206 1.200 142.347 1.385
202209 0.860 144.661 0.977
202212 2.690 145.763 3.032
202303 2.310 146.865 2.584
202306 1.570 150.280 1.716
202309 1.180 151.492 1.280
202312 3.180 152.924 3.416
202403 2.940 153.035 3.156
202406 1.750 155.789 1.845
202409 3.890 157.882 4.047
202412 4.090 158.323 4.244
202503 3.670 157.552 3.827
202506 2.080 159.755 2.139
202509 2.000 162.289 2.024
202512 6.350 163.281 6.389
202603 4.210 164.272 4.210

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 ₹4.39 mean?
Indian Hotels Co (NSE:INDHOTEL) has a E10 of ₹4.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Indian Hotels Co and its competitors.
Is Indian Hotels Co's E10 too high?
Indian Hotels Co's current E10 is ₹4.39. Overall, Indian Hotels Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Hotels Co's E10 compare to MAR and HLT?
Indian Hotels Co's E10 of ₹4.39 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 Indian Hotels Co and its competitors. Indian Hotels Co's current E10 is ₹4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Hotels Co stock overvalued right now?
Based on GuruFocus' analysis, Indian Hotels Co (NSE:INDHOTEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹857.50, compared to a current price of ₹752.30 — trading 12.3% below its estimated fair value. The current E10 is ₹4.39. Indian Hotels Co's overall GF Score™ is 89/100 with 3 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 Indian Hotels Co (NSE:INDHOTEL), the current E10 is ₹4.39 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 Indian Hotels Co (NSE:INDHOTEL) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Hotels Co stock appears to be undervalued. The current stock price of ₹752.30 is trading 12.3% below its estimated GF Value™ of ₹857.50. GuruFocus considers Indian Hotels Co to be Modestly Undervalued.

Key valuation signals for NSE:INDHOTEL:

  • E10: ₹4.39
  • GF Value™: ₹857.50 vs. price of ₹752.30 (12.3% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Indian Hotels Co Business Description

Other Exchanges 500850:India
Address Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400021
Indian Hotels Co Ltd , is mainly engaged in the business of owning, operating & managing hotels, palaces and resorts. The company has two operating segments Hotel Services: This segment includes revenue and expenses related to providing accommodation, food and beverage services, other hospitality-related services including operating and management fees where the hotels are not owned or leased by the Group; and Air and Institutional Catering: This segment includes revenue and expenses related to the preparation and delivery of in-flight meals and catering services to airlines and institutions. The hotel generates majority of revenue from Hotel Services. It has presence in India, and Overseas locations. The hotel generates majority of revenue from India.
89GF Score

Get the complete analysis for NSE:INDHOTEL

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

₹752.30
Price
₹857.50
GF Value