Maheshwari Logistics (NSE:MAHESHWARI) E10: ₹5.95 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MAHESHWARI Maheshwari Logistics Ltd NSE:MAHESHWARI
68 GF Score
Price ₹71.63
GF Value ₹66.54
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Maheshwari Logistics E10?

Maheshwari Logistics NSE:MAHESHWARI -0.75% 68 E10 is ₹5.95 as of Jun. 2026. GuruFocus rates NSE:MAHESHWARI with a GF Score™ of 68/100 and a GF Value™ of ₹66.54 (Fairly Valued). The stock has 9 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.

Maheshwari Logistics's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹1.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.95 for the trailing ten years ended in Jun. 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 (2026-09-01), Maheshwari Logistics's current stock price is ₹71.63. Maheshwari Logistics's E10 for the quarter that ended in Jun. 2026 was ₹5.95. Maheshwari Logistics's Shiller PE Ratio of today is 12.04.

During the past 13 years, the highest Shiller PE Ratio of Maheshwari Logistics was 12.33. The lowest was 12.13. And the median was 12.27.


Maheshwari Logistics  (NSE:MAHESHWARI) 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.

Maheshwari Logistics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=71.63/5.95
=12.04

* 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 Maheshwari Logistics was 12.33. The lowest was 12.13. And the median was 12.27.


Be Aware

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


Maheshwari Logistics E10 Related Terms


Maheshwari Logistics E10 Historical Data

* Premium members only.

The historical data trend for Maheshwari Logistics'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.

Maheshwari Logistics E10 Chart

Maheshwari Logistics 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

Maheshwari Logistics 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 5.95

NSE:MAHESHWARI vs UPS, FDX, EXPD: E10 Comparison

For the Integrated Freight & Logistics subindustry, Maheshwari Logistics'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.


Maheshwari Logistics Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Maheshwari Logistics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Maheshwari Logistics's Shiller PE Ratio falls into.


NSE:MAHESHWARI
68GF Score
Maheshwari Logistics Ltd NSE:MAHESHWARI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maheshwari Logistics 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, Maheshwari Logistics'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)
=1.11/167.3573*167.3573
=1.110

Current CPI (Jun. 2026) = 167.3573.

Maheshwari Logistics Quarterly Data

per share eps CPI Adj_EPS
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201609 0.000 105.961 0.000
201703 0.000 105.196 0.000
201709 0.000 109.021 0.000
201803 0.000 109.786 0.000
201809 0.000 115.142 0.000
201903 0.000 118.202 0.000
201906 1.715 120.880 2.374
201909 2.300 123.175 3.125
201912 1.060 126.235 1.405
202003 -0.100 124.705 -0.134
202006 -1.120 127.000 -1.476
202009 2.160 130.118 2.778
202012 1.180 130.889 1.509
202103 1.990 131.771 2.527
202106 2.060 134.084 2.571
202109 1.720 135.847 2.119
202112 1.580 138.161 1.914
202203 0.430 138.822 0.518
202206 0.920 142.347 1.082
202209 1.550 144.661 1.793
202212 0.920 145.763 1.056
202303 1.170 146.865 1.333
202306 1.030 150.280 1.147
202309 1.330 151.492 1.469
202312 0.990 152.924 1.083
202403 1.300 153.035 1.422
202406 1.250 155.789 1.343
202409 1.340 157.882 1.420
202412 0.910 158.323 0.962
202503 2.630 157.552 2.794
202506 1.470 159.755 1.540
202509 1.340 162.289 1.382
202512 1.290 163.281 1.322
202603 1.590 164.272 1.620
202606 1.110 167.357 1.110

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 ₹5.95 mean?
Maheshwari Logistics (NSE:MAHESHWARI) has a E10 of ₹5.95 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Maheshwari Logistics and its competitors.
Is Maheshwari Logistics' E10 too high?
Maheshwari Logistics' current E10 is ₹5.95. Overall, Maheshwari Logistics has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maheshwari Logistics' E10 compare to UPS and FDX?
Maheshwari Logistics' E10 of ₹5.95 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Maheshwari Logistics and its competitors. Maheshwari Logistics's current E10 is ₹5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maheshwari Logistics stock overvalued right now?
Based on GuruFocus' analysis, Maheshwari Logistics (NSE:MAHESHWARI) is currently considered Fairly Valued. The stock's GF Value™ is ₹66.54, compared to a current price of ₹71.63 — trading 7.6% above its estimated fair value. The current E10 is ₹5.95. Maheshwari Logistics' overall GF Score™ is 68/100 with 9 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 Maheshwari Logistics (NSE:MAHESHWARI), the current E10 is ₹5.95 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 Maheshwari Logistics (NSE:MAHESHWARI) Overvalued in 2026?

Based on GuruFocus' analysis, Maheshwari Logistics stock appears to be overvalued. The current stock price of ₹71.63 is trading 7.6% above its estimated GF Value™ of ₹66.54. GuruFocus considers Maheshwari Logistics to be Fairly Valued.

Key valuation signals for NSE:MAHESHWARI:

  • E10: ₹5.95
  • GF Value™: ₹66.54 vs. price of ₹71.63 (7.6% above fair value)
  • GF Score™: 68/100 with 9 warning signs

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


Maheshwari Logistics Business Description

Address MLL House, Shed No. A2 - 3/2, Opposite UPL, GIDC, 1st Phase, Valsad, Vapi, GJ, IND, 396 195
Maheshwari Logistics Ltd is an India based company engaged in providing logistics services. It is also involved in the other business activities such as trading of non-coking coal; manufacturing of Kraft paper and trading in a variety of papers. The company's operating segments include Trading Segment, Transportation & Port Service, and Paper. The company generates the majority of its revenue from trading segment.
68GF Score

Get the complete analysis for NSE:MAHESHWARI

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

₹71.63
Price
₹66.54
GF Value