Muthoot Finance (NSE:MUTHOOTFIN) E10: ₹ (As of Jun. 2026)

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NSE:MUTHOOTFIN Muthoot Finance Ltd NSE:MUTHOOTFIN
78 GF Score
Price ₹2,841.10
GF Value ₹3,501.47
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Muthoot Finance E10?

Muthoot Finance NSE:MUTHOOTFIN +2.56% 78 E10 is ₹ as of Jun. 2026. GuruFocus rates NSE:MUTHOOTFIN with a GF Score™ of 78/100 and a GF Value™ of ₹3,501.47 (Modestly Undervalued). 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.

Muthoot Finance's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹69.721. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, Muthoot Finance's average E10 Growth Rate was 33.80% per year. During the past 3 years, the average E10 Growth Rate was 19.80% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Muthoot Finance was 19.80% per year. The lowest was 12.80% per year. And the median was 16.30% per year.

As of today (2026-09-21), Muthoot Finance's current stock price is ₹2841.10. Muthoot Finance's E10 for the quarter that ended in Jun. 2026 was . Muthoot Finance's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Muthoot Finance was 38.14. The lowest was 13.97. And the median was 23.00.


Muthoot Finance  (NSE:MUTHOOTFIN) 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 Muthoot Finance was 38.14. The lowest was 13.97. And the median was 23.00.


Be Aware

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


Muthoot Finance E10 Related Terms


Muthoot Finance E10 Historical Data

* Premium members only.

The historical data trend for Muthoot 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.

Muthoot Finance E10 Chart

Muthoot Finance Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
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Muthoot Finance Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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NSE:MUTHOOTFIN vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Muthoot 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.


Muthoot Finance Shiller PE Ratio vs Credit Services Industry

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

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


NSE:MUTHOOTFIN
78GF Score
Muthoot Finance Ltd NSE:MUTHOOTFIN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muthoot 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, Muthoot Finance'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)
=69.7207/167.3573*167.3573
=69.721

Current CPI (Jun. 2026) = 167.3573.

Muthoot Finance Quarterly Data

per share eps CPI Adj_EPS
201309 5.670 91.042 10.423
201312 5.230 91.425 9.574
201403 4.870 91.425 8.915
201406 4.600 94.103 8.181
201409 4.250 96.780 7.349
201412 3.850 96.780 6.658
201503 4.110 97.163 7.079
201806 12.790 111.317 19.229
201809 12.690 115.142 18.445
201812 12.830 115.142 18.648
201903 13.500 118.202 19.114
201906 13.850 120.880 19.175
201909 22.420 123.175 30.462
201912 21.250 126.235 28.172
202003 20.681 124.705 27.754
202006 21.250 127.000 28.003
202009 23.080 130.118 29.685
202012 25.020 130.889 31.991
202103 25.410 131.771 32.272
202106 24.350 134.084 30.392
202109 24.967 135.847 30.758
202112 25.900 138.161 31.373
202203 24.840 138.822 29.946
202206 20.400 142.347 23.984
202209 22.220 144.661 25.706
202212 23.109 145.763 26.533
202303 24.250 146.865 27.633
202306 25.460 150.280 28.353
202309 26.394 151.492 29.158
202312 27.488 152.924 30.082
202403 28.373 153.035 31.029
202406 28.995 155.789 31.148
202409 31.674 157.882 33.575
202412 34.603 158.323 36.577
202503 36.807 157.552 39.098
202506 50.221 159.755 52.610
202509 60.295 162.289 62.177
202512 69.844 163.281 71.588
202603 83.431 164.272 84.997
202606 69.721 167.357 69.721

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 ₹ mean?
Muthoot Finance (NSE:MUTHOOTFIN) has a E10 of ₹ as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Muthoot Finance and its competitors.
Is Muthoot Finance's E10 too high?
Muthoot Finance's current E10 is ₹. Overall, Muthoot Finance has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Muthoot Finance's E10 compare to V and MA?
Muthoot Finance's E10 of ₹ 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 Muthoot Finance and its competitors. Muthoot Finance's current E10 is ₹. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muthoot Finance stock overvalued right now?
Based on GuruFocus' analysis, Muthoot Finance (NSE:MUTHOOTFIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,501.47, compared to a current price of ₹2,841.10 — trading 18.9% below its estimated fair value. The current E10 is ₹. Muthoot Finance's overall GF Score™ is 78/100 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 Muthoot Finance (NSE:MUTHOOTFIN), the current E10 is ₹ 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 Muthoot Finance (NSE:MUTHOOTFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Muthoot Finance stock appears to be undervalued. The current stock price of ₹2,841.10 is trading 18.9% below its estimated GF Value™ of ₹3,501.47. GuruFocus considers Muthoot Finance to be Modestly Undervalued.

Key valuation signals for NSE:MUTHOOTFIN:

  • E10:
  • GF Value™: ₹3,501.47 vs. price of ₹2,841.10 (18.9% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Muthoot Finance Business Description

Other Exchanges 533398:India
Address Banerji Road, Ernakulam, 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Kochi, KL, IND, 682 018
Muthoot Finance Ltd is a non-deposit-taking, non-banking financial company with thousands of branches in India. The company's main business is providing personal and business loans to individuals who do not have access to formal credit. The loans are typically secured by gold jewelry. The company also offers some microfinance loans and housing loans to customer segments and areas that are underserved by banks. Interest income accounts for nearly all the company's revenue. It has operations in Sri Lanka and India, with India providing almost all the company's revenue.
78GF Score

Get the complete analysis for NSE:MUTHOOTFIN

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

₹2,841.10
Price
₹3,501.47
GF Value