IMP Powers (NSE:INDLMETER) E10: ₹-199.22 (As of Mar. 2026)


What is IMP Powers E10?

IMP Powers NSE:INDLMETER E10 is ₹-199.22 as of Mar. 2026. 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.

IMP Powers's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹7.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-199.22 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -6.70% per year. During the past 5 years, the average E10 Growth Rate was -34.10% 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 IMP Powers was -6.70% per year. The lowest was -78.10% per year. And the median was -12.00% per year.

As of today (2026-07-08), IMP Powers's current stock price is ₹23.68866. IMP Powers's E10 for the quarter that ended in Mar. 2026 was ₹-199.22. IMP Powers's Shiller PE Ratio of today is .


IMP Powers  (NSE:INDLMETER) 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.


Be Aware

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


IMP Powers E10 Related Terms


IMP Powers E10 Historical Data

* Premium members only.

The historical data trend for IMP Powers'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.

IMP Powers E10 Chart

IMP Powers 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 -143.96 -180.61 -180.90 -188.78 -199.22

IMP Powers 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 -188.78 -190.42 -194.08 -196.96 -199.22

NSE:INDLMETER vs HUBB, VRT: E10 Comparison

For the Electrical Equipment & Parts subindustry, IMP Powers'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.


IMP Powers Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMP Powers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IMP Powers's Shiller PE Ratio falls into.



IMP Powers 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, IMP Powers'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)
=7.46/164.2724*164.2724
=7.460

Current CPI (Mar. 2026) = 164.2724.

IMP Powers Quarterly Data

per share eps CPI Adj_EPS
201606 0.550 105.961 0.853
201609 0.523 105.961 0.811
201612 7.191 105.196 11.229
201703 8.629 105.196 13.475
201706 -32.598 107.109 -49.995
201709 19.797 109.021 29.830
201712 16.032 109.404 24.072
201803 24.239 109.786 36.269
201806 1.734 111.317 2.559
201809 0.338 115.142 0.482
201812 0.212 115.142 0.302
201903 7.657 118.202 10.641
201906 -35.364 120.880 -48.059
201909 7.572 123.175 10.098
201912 -27.834 126.235 -36.221
202003 -14.552 124.705 -19.169
202006 -39.721 127.000 -51.378
202009 -49.704 130.118 -62.751
202012 -62.606 130.889 -78.574
202103 -201.861 131.771 -251.651
202106 -62.437 134.084 -76.494
202109 3.553 135.847 4.296
202112 -81.218 138.161 -96.568
202203 -955.288 138.822 -1,130.424
202206 -20.431 142.347 -23.578
202209 -12.690 144.661 -14.410
202212 -15.651 145.763 -17.638
202303 -205.753 146.865 -230.141
202306 -23.942 150.280 -26.171
202309 -18.570 151.492 -20.137
202312 -15.948 152.924 -17.131
202403 -42.090 153.035 -45.181
202406 0.130 155.789 0.137
202409 -3.770 157.882 -3.923
202412 -0.830 158.323 -0.861
202503 -0.380 157.552 -0.396
202506 -2.320 159.755 -2.386
202509 -2.360 162.289 -2.389
202512 -2.640 163.281 -2.656
202603 7.460 164.272 7.460

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 ₹-199.22 mean?
IMP Powers (NSE:INDLMETER) has a E10 of ₹-199.22 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IMP Powers and its competitors.
Is IMP Powers' E10 too high?
IMP Powers' current E10 is ₹-199.22.
How does IMP Powers' E10 compare to HUBB and VRT?
IMP Powers' E10 of ₹-199.22 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 IMP Powers and its competitors. IMP Powers's current E10 is ₹-199.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMP Powers stock overvalued right now?
IMP Powers (NSE:INDLMETER) has a current E10 of ₹-199.22. The stock's GF Value™ is ₹0.55, compared to a current price of ₹23.69 — trading 4207% above its estimated fair value. The current E10 is ₹-199.22. 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 IMP Powers (NSE:INDLMETER), the current E10 is ₹-199.22 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.

IMP Powers Business Description

Address SG Highway, CH-7, Inspire Business Park, Shantigram, Ahmedabad, GJ, IND, 382421
IMP Powers Ltd is engaged in the manufacturing of transformers and also setting up small and mini-hydropower plants. Its products include Distribution transformers, Power transformers, EHV transformers, Generator transformers, Station Transformers, and turbines, and also provides Erection and Commissioning services to Small Hydro Projects.