Mahindra Holidays & Resorts India (NSE:MHRIL) E10: ₹2.67 (As of Mar. 2026)


NSE:MHRIL Mahindra Holidays & Resorts India Ltd NSE:MHRIL
59 GF Score
Price ₹236.56
GF Value ₹344.33
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Mahindra Holidays & Resorts India E10?

Mahindra Holidays & Resorts India NSE:MHRIL -0.34% 59 E10 is ₹2.67 as of Mar. 2026. GuruFocus rates NSE:MHRIL with a GF Score™ of 59/100 and a GF Value™ of ₹344.33 (Possible Value Trap). 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.

Mahindra Holidays & Resorts India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mahindra Holidays & Resorts India's average E10 Growth Rate was 9.00% 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 (2026-07-04), Mahindra Holidays & Resorts India's current stock price is ₹236.56. Mahindra Holidays & Resorts India's E10 for the quarter that ended in Mar. 2026 was ₹2.67. Mahindra Holidays & Resorts India's Shiller PE Ratio of today is 88.60.

During the past 13 years, the highest Shiller PE Ratio of Mahindra Holidays & Resorts India was 215.74. The lowest was 80.79. And the median was 138.15.


Mahindra Holidays & Resorts India  (NSE:MHRIL) 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.

Mahindra Holidays & Resorts India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=236.56/2.67
=88.60

* 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 Mahindra Holidays & Resorts India was 215.74. The lowest was 80.79. And the median was 138.15.


Be Aware

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


Mahindra Holidays & Resorts India E10 Related Terms


Mahindra Holidays & Resorts India E10 Historical Data

* Premium members only.

The historical data trend for Mahindra Holidays & Resorts India'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.

Mahindra Holidays & Resorts India E10 Chart

Mahindra Holidays & Resorts India 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 2.45 2.67

Mahindra Holidays & Resorts India 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 2.45 2.45 2.53 2.47 2.67

NSE:MHRIL vs LVS, MGM, WYNN: E10 Comparison

For the Resorts & Casinos subindustry, Mahindra Holidays & Resorts India'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.


Mahindra Holidays & Resorts India Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mahindra Holidays & Resorts India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mahindra Holidays & Resorts India's Shiller PE Ratio falls into.


NSE:MHRIL
59GF Score
Mahindra Holidays & Resorts India Ltd NSE:MHRIL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahindra Holidays & Resorts India 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, Mahindra Holidays & Resorts India'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)
=2.06/164.2724*164.2724
=2.060

Current CPI (Mar. 2026) = 164.2724.

Mahindra Holidays & Resorts India Quarterly Data

per share eps CPI Adj_EPS
201103 0.000 70.768 0.000
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
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 -0.747 111.317 -1.102
201809 -0.080 115.142 -0.114
201812 1.540 115.142 2.197
201903 2.313 118.202 3.215
201906 0.187 120.880 0.254
201909 1.200 123.175 1.600
201912 0.247 126.235 0.321
202003 -8.260 124.705 -10.881
202006 -1.387 127.000 -1.794
202009 1.230 130.118 1.553
202012 0.010 130.889 0.013
202103 -0.520 131.771 -0.648
202106 -1.070 134.084 -1.311
202109 2.940 135.847 3.555
202112 0.690 138.161 0.820
202203 0.810 138.822 0.958
202206 1.480 142.347 1.708
202209 2.030 144.661 2.305
202212 -0.590 145.763 -0.665
202303 2.810 146.865 3.143
202306 0.010 150.280 0.011
202309 1.060 151.492 1.149
202312 0.580 152.924 0.623
202403 4.090 153.035 4.390
202406 0.290 155.789 0.306
202409 0.680 157.882 0.708
202412 1.730 158.323 1.795
202503 3.620 157.552 3.774
202506 0.390 159.755 0.401
202509 0.890 162.289 0.901
202512 0.110 163.281 0.111
202603 2.060 164.272 2.060

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 ₹2.67 mean?
Mahindra Holidays & Resorts India (NSE:MHRIL) has a E10 of ₹2.67 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mahindra Holidays & Resorts India and its competitors.
Is Mahindra Holidays & Resorts India's E10 too high?
Mahindra Holidays & Resorts India's current E10 is ₹2.67. Overall, Mahindra Holidays & Resorts India has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahindra Holidays & Resorts India's E10 compare to LVS and MGM?
Mahindra Holidays & Resorts India's E10 of ₹2.67 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Mahindra Holidays & Resorts India and its competitors. Mahindra Holidays & Resorts India's current E10 is ₹2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahindra Holidays & Resorts India stock overvalued right now?
Based on GuruFocus' analysis, Mahindra Holidays & Resorts India (NSE:MHRIL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹344.33, compared to a current price of ₹236.56 — trading 31.3% below its estimated fair value. The current E10 is ₹2.67. Mahindra Holidays & Resorts India's overall GF Score™ is 59/100 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 Mahindra Holidays & Resorts India (NSE:MHRIL), the current E10 is ₹2.67 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 Mahindra Holidays & Resorts India (NSE:MHRIL) Overvalued in 2026?

Based on GuruFocus' analysis, Mahindra Holidays & Resorts India stock appears to be undervalued. The current stock price of ₹236.56 is trading 31.3% below its estimated GF Value™ of ₹344.33. GuruFocus considers Mahindra Holidays & Resorts India to be Possible Value Trap.

Key valuation signals for NSE:MHRIL:

  • E10: ₹2.67
  • GF Value™: ₹344.33 vs. price of ₹236.56 (31.3% below fair value)
  • GF Score™: 59/100 with 4 warning signs

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


Mahindra Holidays & Resorts India Business Description

Other Exchanges 533088:India
Address Dr. G.M. Bhosle Marg, P.K. Kurne Chowk, Mahindra Towers, 1st Floor, A Wing, Worli, Mumbai, MH, IND, 400 018
Mahindra Holidays & Resorts India Ltd is a resort and casino company that operates timeshares. The company's operating segment includes Mahindra Holidays and Resorts India Limited (MHRIL) and Holiday Club Resorts Oy (HCRO). The business sells family-based timeshares and has a variety of vacation options, such as water sports, adventure sports, hobby programs, and camping. It has a network of resorts that have beaches, wildlife sanctuaries, and cultural landmarks.
59GF Score

Get the complete analysis for NSE:MHRIL

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

₹236.56
Price
₹344.33
GF Value