Madhav Infra Projects (NSE:MADHAVIPL) E10: ₹0.00 (As of Jun. 2026)

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NSE:MADHAVIPL Madhav Infra Projects Ltd NSE:MADHAVIPL
61 GF Score
Price ₹7.31
GF Value ₹10.11
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Madhav Infra Projects E10?

Madhav Infra Projects NSE:MADHAVIPL +0.97% 61 E10 is ₹0.00 as of Jun. 2026. GuruFocus rates NSE:MADHAVIPL with a GF Score™ of 61/100 and a GF Value™ of ₹10.11 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Madhav Infra Projects's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Madhav Infra Projects's average E10 Growth Rate was 1.60% 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 (2026-08-22), Madhav Infra Projects's current stock price is ₹7.31. Madhav Infra Projects's E10 for the quarter that ended in Jun. 2026 was ₹0.00. Madhav Infra Projects's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Madhav Infra Projects was 45.06. The lowest was 11.45. And the median was 20.81.


Madhav Infra Projects  (NSE:MADHAVIPL) 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.

During the past 13 years, the highest Shiller P/E Ratio of Madhav Infra Projects was 45.06. The lowest was 11.45. And the median was 20.81.


Be Aware

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


Madhav Infra Projects E10 Related Terms


Madhav Infra Projects E10 Historical Data

* Premium members only.

The historical data trend for Madhav Infra Projects'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.

Madhav Infra Projects E10 Chart

Madhav Infra Projects 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

Madhav Infra Projects 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 0.00

NSE:MADHAVIPL vs : E10 Comparison

For the Engineering & Construction subindustry, Madhav Infra Projects'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.


Madhav Infra Projects Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Madhav Infra Projects's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Madhav Infra Projects's Shiller PE Ratio falls into.


NSE:MADHAVIPL
61GF Score
Madhav Infra Projects Ltd NSE:MADHAVIPL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madhav Infra Projects 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, Madhav Infra Projects'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)
=0.23/333.9520*333.9520
=0.230

Current CPI (Jun. 2026) = 333.9520.

Madhav Infra Projects Quarterly Data

per share eps CPI Adj_EPS
201506 0.084 238.638 0.118
201509 -0.012 237.945 -0.017
201512 0.124 236.525 0.175
201603 0.186 238.132 0.261
201606 0.074 241.018 0.103
201609 0.125 241.428 0.173
201612 0.099 241.432 0.137
201703 0.128 243.801 0.175
201706 0.101 244.955 0.138
201803 0.000 249.554 0.000
201903 0.000 254.202 0.000
201906 0.057 256.143 0.074
201909 0.047 256.759 0.061
201912 0.037 256.974 0.048
202003 0.005 258.115 0.006
202006 -0.420 257.797 -0.544
202009 -0.340 260.280 -0.436
202012 -0.350 260.474 -0.449
202103 0.600 264.877 0.756
202106 0.070 271.696 0.086
202109 0.080 274.310 0.097
202112 0.140 278.802 0.168
202203 -0.050 287.504 -0.058
202206 0.040 296.311 0.045
202209 0.890 296.808 1.001
202212 0.110 296.797 0.124
202303 0.186 301.836 0.206
202306 0.310 305.109 0.339
202309 0.260 307.789 0.282
202312 0.250 306.746 0.272
202403 -0.010 312.332 -0.011
202406 0.250 314.175 0.266
202409 0.160 315.301 0.169
202412 0.100 315.605 0.106
202503 0.450 319.799 0.470
202506 0.280 322.561 0.290
202509 0.460 324.800 0.473
202512 -0.160 324.054 -0.165
202603 0.430 330.213 0.435
202606 0.230 333.952 0.230

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 ₹0.00 mean?
Madhav Infra Projects (NSE:MADHAVIPL) has a E10 of ₹0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Madhav Infra Projects and its competitors.
Is Madhav Infra Projects' E10 too high?
Madhav Infra Projects' current E10 is ₹0.00. Overall, Madhav Infra Projects has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madhav Infra Projects' E10 compare to ?
Madhav Infra Projects' E10 of ₹0.00 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Madhav Infra Projects and its competitors. Madhav Infra Projects's current E10 is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhav Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, Madhav Infra Projects (NSE:MADHAVIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10.11, compared to a current price of ₹7.31 — trading 27.7% below its estimated fair value. The current E10 is ₹0.00. Madhav Infra Projects' overall GF Score™ is 61/100 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 Madhav Infra Projects (NSE:MADHAVIPL), the current E10 is ₹0.00 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 Madhav Infra Projects (NSE:MADHAVIPL) Overvalued in 2026?

Based on GuruFocus' analysis, Madhav Infra Projects stock appears to be undervalued. The current stock price of ₹7.31 is trading 27.7% below its estimated GF Value™ of ₹10.11. GuruFocus considers Madhav Infra Projects to be Modestly Undervalued.

Key valuation signals for NSE:MADHAVIPL:

  • E10: ₹0.00
  • GF Value™: ₹10.11 vs. price of ₹7.31 (27.7% below fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Madhav Infra Projects Business Description

Comparable Companies
Other Exchanges 539894:India
Address Madhav House, Plot No. 04, Near Panchratna Building, Beside Amul Apartment, Subhanpura, Vadodara, GJ, IND, 390 023
Madhav Infra Projects Ltd is an India-based company engaged in the civil and engineering, procurement, and construction (EPC) contract business. The company is involved in the development, construction and operation and maintenance of various infrastructure projects. The Company operates in the fields of Highways, Urban Infrastructure, Real Estate and Energy. The company is also engaged in Power Generation Business.
61GF Score

Get the complete analysis for NSE:MADHAVIPL

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

₹7.31
Price
₹10.11
GF Value