Indo Tech Transformers (NSE:INDOTECH) E10: ₹21.49 (As of Mar. 2026)


NSE:INDOTECH Indo Tech Transformers Ltd NSE:INDOTECH
80 GF Score
Price ₹2,935.20
GF Value ₹2,149.30
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Indo Tech Transformers E10?

Indo Tech Transformers NSE:INDOTECH +1.03% 80 E10 is ₹21.49 as of Mar. 2026. GuruFocus rates NSE:INDOTECH with a GF Score™ of 80/100 and a GF Value™ of ₹2,149.30 (Significantly Overvalued). 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.

Indo Tech Transformers's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹22.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹21.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Indo Tech Transformers's average E10 Growth Rate was 68.50% 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 (2026-06-29), Indo Tech Transformers's current stock price is ₹2935.20. Indo Tech Transformers's E10 for the quarter that ended in Mar. 2026 was ₹21.49. Indo Tech Transformers's Shiller PE Ratio of today is 136.58.

During the past 13 years, the highest Shiller PE Ratio of Indo Tech Transformers was 469.31. The lowest was 56.97. And the median was 179.51.


Indo Tech Transformers  (NSE:INDOTECH) 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.

Indo Tech Transformers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2935.20/21.49
=136.58

* 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 Indo Tech Transformers was 469.31. The lowest was 56.97. And the median was 179.51.


Be Aware

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


Indo Tech Transformers E10 Related Terms


Indo Tech Transformers E10 Historical Data

* Premium members only.

The historical data trend for Indo Tech Transformers'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.

Indo Tech Transformers E10 Chart

Indo Tech Transformers 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 -9.49 -1.38 6.03 12.74 21.49

Indo Tech Transformers 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 12.74 14.65 17.79 20.68 21.49

NSE:INDOTECH vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Indo Tech Transformers'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.


Indo Tech Transformers Shiller PE Ratio vs Industrial Products Industry

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

* The bar in red indicates where Indo Tech Transformers's Shiller PE Ratio falls into.


NSE:INDOTECH
80GF Score
Indo Tech Transformers Ltd NSE:INDOTECH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Tech Transformers 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, Indo Tech Transformers'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)
=22.53/164.2724*164.2724
=22.530

Current CPI (Mar. 2026) = 164.2724.

Indo Tech Transformers Quarterly Data

per share eps CPI Adj_EPS
201606 -4.260 105.961 -6.604
201609 -2.290 105.961 -3.550
201612 -6.150 105.196 -9.604
201703 2.090 105.196 3.264
201706 0.550 107.109 0.844
201709 -3.790 109.021 -5.711
201712 -0.670 109.404 -1.006
201803 0.420 109.786 0.628
201806 -3.720 111.317 -5.490
201809 -1.060 115.142 -1.512
201812 -3.220 115.142 -4.594
201903 0.090 118.202 0.125
201906 -0.810 120.880 -1.101
201909 2.620 123.175 3.494
201912 0.970 126.235 1.262
202003 -0.970 124.705 -1.278
202006 -4.770 127.000 -6.170
202009 -3.070 130.118 -3.876
202012 0.900 130.889 1.130
202103 12.860 131.771 16.032
202106 -5.150 134.084 -6.309
202109 4.800 135.847 5.804
202112 6.120 138.161 7.277
202203 5.710 138.822 6.757
202206 1.160 142.347 1.339
202209 1.250 144.661 1.419
202212 3.620 145.763 4.080
202303 18.170 146.865 20.324
202306 3.330 150.280 3.640
202309 6.660 151.492 7.222
202312 10.060 152.924 10.807
202403 24.070 153.035 25.838
202406 5.560 155.789 5.863
202409 16.690 157.882 17.366
202412 18.150 158.323 18.832
202503 19.750 157.552 20.592
202506 18.050 159.755 18.560
202509 23.330 162.289 23.615
202512 23.450 163.281 23.592
202603 22.530 164.272 22.530

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 ₹21.49 mean?
Indo Tech Transformers (NSE:INDOTECH) has a E10 of ₹21.49 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Indo Tech Transformers and its competitors.
Is Indo Tech Transformers' E10 too high?
Indo Tech Transformers' current E10 is ₹21.49. Overall, Indo Tech Transformers has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Tech Transformers' E10 compare to VRT and BE?
Indo Tech Transformers' E10 of ₹21.49 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 Indo Tech Transformers and its competitors. Indo Tech Transformers's current E10 is ₹21.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Tech Transformers stock overvalued right now?
Based on GuruFocus' analysis, Indo Tech Transformers (NSE:INDOTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,149.30, compared to a current price of ₹2,935.20 — trading 36.6% above its estimated fair value. The current E10 is ₹21.49. Indo Tech Transformers' overall GF Score™ is 80/100 with 4 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 Indo Tech Transformers (NSE:INDOTECH), the current E10 is ₹21.49 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 Indo Tech Transformers (NSE:INDOTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Tech Transformers stock appears to be overvalued. The current stock price of ₹2,935.20 is trading 36.6% above its estimated GF Value™ of ₹2,149.30. GuruFocus considers Indo Tech Transformers to be Significantly Overvalued.

Key valuation signals for NSE:INDOTECH:

  • E10: ₹21.49
  • GF Value™: ₹2,149.30 vs. price of ₹2,935.20 (36.6% above fair value)
  • GF Score™: 80/100 with 4 warning signs

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


Indo Tech Transformers Business Description

Other Exchanges 532717:India
Address Survey No.153-210, Near Rajakulam, KM-64, Illuppapattu Village, Kancheepuram, TN, IND, 631561
Indo Tech Transformers Ltd is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers, and various special application transformers, mobile sub-station transformers and sub-stations. The Company has its manufacturing plant located at Kancheepuram in Tamil Nadu. The majority of the geographical revenue of the company is generated in India.
80GF Score

Get the complete analysis for NSE:INDOTECH

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

₹2,935.20
Price
₹2,149.30
GF Value