Indostar Capital Finance (NSE:INDOSTAR) E10: ₹-2.28 (As of Mar. 2026)


NSE:INDOSTAR Indostar Capital Finance Ltd NSE:INDOSTAR
65 GF Score
Price ₹260.45
GF Value ₹229.36
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Indostar Capital Finance E10?

Indostar Capital Finance NSE:INDOSTAR +3.11% 65 E10 is ₹-2.28 as of Mar. 2026. GuruFocus rates NSE:INDOSTAR with a GF Score™ of 65/100 and a GF Value™ of ₹229.36 (Modestly Overvalued). The stock has 8 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.

Indostar Capital Finance's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-26.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-2.28 for the trailing ten years ended in Mar. 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 (2026-07-03), Indostar Capital Finance's current stock price is ₹260.45. Indostar Capital Finance's E10 for the quarter that ended in Mar. 2026 was ₹-2.28. Indostar Capital Finance's Shiller PE Ratio of today is .


Indostar Capital Finance  (NSE:INDOSTAR) 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.


Indostar Capital Finance E10 Related Terms


Indostar Capital Finance E10 Historical Data

* Premium members only.

The historical data trend for Indostar Capital Finance'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.

Indostar Capital Finance E10 Chart

Indostar Capital Finance 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 -2.28

Indostar Capital Finance 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 0.00 0.00 0.00 0.00 -2.28

NSE:INDOSTAR vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Indostar Capital Finance'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.


Indostar Capital Finance Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Indostar Capital Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Indostar Capital Finance's Shiller PE Ratio falls into.


NSE:INDOSTAR
65GF Score
Indostar Capital Finance Ltd NSE:INDOSTAR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indostar Capital Finance 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, Indostar Capital Finance'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)
=-26.24/164.2724*164.2724
=-26.240

Current CPI (Mar. 2026) = 164.2724.

Indostar Capital Finance 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
201706 5.602 107.109 8.592
201709 7.620 109.021 11.482
201712 4.520 109.404 6.787
201803 4.432 109.786 6.632
201806 3.570 111.317 5.268
201809 6.360 115.142 9.074
201812 7.260 115.142 10.358
201903 8.070 118.202 11.215
201906 5.100 120.880 6.931
201909 5.310 123.175 7.082
201912 0.020 126.235 0.026
202003 -45.660 124.705 -60.147
202006 4.530 127.000 5.859
202009 2.130 130.118 2.689
202012 1.160 130.889 1.456
202103 -29.640 131.771 -36.951
202106 -3.760 134.084 -4.607
202109 2.390 135.847 2.890
202112 0.660 138.161 0.785
202203 -57.263 138.822 -67.761
202206 4.500 142.347 5.193
202209 3.770 144.661 4.281
202212 2.690 145.763 3.032
202303 5.590 146.865 6.253
202306 2.860 150.280 3.126
202309 1.820 151.492 1.974
202312 1.240 152.924 1.332
202403 2.590 153.035 2.780
202406 1.830 155.789 1.930
202409 2.320 157.882 2.414
202412 1.980 158.323 2.054
202503 2.570 157.552 2.680
202506 38.560 159.755 39.650
202509 0.740 162.289 0.749
202512 0.580 163.281 0.584
202603 -26.240 164.272 -26.240

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 ₹-2.28 mean?
Indostar Capital Finance (NSE:INDOSTAR) has a E10 of ₹-2.28 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Indostar Capital Finance and its competitors.
Is Indostar Capital Finance's E10 too high?
Indostar Capital Finance's current E10 is ₹-2.28. Overall, Indostar Capital Finance has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indostar Capital Finance's E10 compare to V and MA?
Indostar Capital Finance's E10 of ₹-2.28 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 Indostar Capital Finance and its competitors. Indostar Capital Finance's current E10 is ₹-2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indostar Capital Finance stock overvalued right now?
Based on GuruFocus' analysis, Indostar Capital Finance (NSE:INDOSTAR) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹229.36, compared to a current price of ₹260.45 — trading 13.6% above its estimated fair value. The current E10 is ₹-2.28. Indostar Capital Finance's overall GF Score™ is 65/100 with 8 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 Indostar Capital Finance (NSE:INDOSTAR), the current E10 is ₹-2.28 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 Indostar Capital Finance (NSE:INDOSTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Indostar Capital Finance stock appears to be overvalued. The current stock price of ₹260.45 is trading 13.6% above its estimated GF Value™ of ₹229.36. GuruFocus considers Indostar Capital Finance to be Modestly Overvalued.

Key valuation signals for NSE:INDOSTAR:

  • E10: ₹-2.28
  • GF Value™: ₹229.36 vs. price of ₹260.45 (13.6% above fair value)
  • GF Score™: 65/100 with 8 warning signs

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


Indostar Capital Finance Business Description

Other Exchanges 541336:India
Address Cardinal Gracious Road, Silver Utopia, Third Floor, Unit No 301-A, Opposite P & G Plaza, Chakala, Andheri East, Mumbai, MH, IND, 400099
Indostar Capital Finance Ltd is a non-banking finance company. It is engaged in the business of lending to used and new commercial vehicles, corporates, SME businesses, and Micro businesses. Through its subsidiaries, it also offers investment advisory, housing finance, and asset management services. The group operates in the following segments: Large Corporate, SME, Commercial vehicle, and Housing Finance. The majority of its revenue is generated from the Commercial vehicle segment, which mainly consists of financing for used and new vehicles. Geographically, all of its operations are carried out within India.
65GF Score

Get the complete analysis for NSE:INDOSTAR

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

₹260.45
Price
₹229.36
GF Value