Subros (NSE:SUBROS) E10: ₹14.87 (As of Mar. 2026)


NSE:SUBROS Subros Ltd NSE:SUBROS
84 GF Score
Price ₹835.45
GF Value ₹785.48
Valuation Fairly Valued
! 1 Warning Sign
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What is Subros E10?

Subros NSE:SUBROS +1.36% 84 E10 is ₹14.87 as of Mar. 2026. GuruFocus rates NSE:SUBROS with a GF Score™ of 84/100 and a GF Value™ of ₹785.48 (Fairly Valued). The stock has 1 warning sign 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.

Subros's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹7.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹14.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Subros's average E10 Growth Rate was 20.40% 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 (2026-06-28), Subros's current stock price is ₹835.45. Subros's E10 for the quarter that ended in Mar. 2026 was ₹14.87. Subros's Shiller PE Ratio of today is 56.18.

During the past 13 years, the highest Shiller PE Ratio of Subros was 87.84. The lowest was 45.98. And the median was 57.78.


Subros  (NSE:SUBROS) 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.

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

Shiller PE Ratio=Share Price/E10
=835.45/14.87
=56.18

* 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 Subros was 87.84. The lowest was 45.98. And the median was 57.78.


Be Aware

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


Subros E10 Related Terms


Subros E10 Historical Data

* Premium members only.

The historical data trend for Subros'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.

Subros E10 Chart

Subros 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 10.55 12.35 14.87

Subros 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 12.35 12.89 13.41 14.04 14.87

NSE:SUBROS vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Subros'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.


Subros Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Subros's Shiller PE Ratio distribution charts can be found below:

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


NSE:SUBROS
84GF Score
Subros Ltd NSE:SUBROS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Subros 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, Subros'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)
=7.56/164.2724*164.2724
=7.560

Current CPI (Mar. 2026) = 164.2724.

Subros Quarterly Data

per share eps CPI Adj_EPS
201212 1.070 83.774 2.098
201303 1.430 85.687 2.741
201306 0.490 88.365 0.911
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 3.190 111.317 4.708
201809 3.980 115.142 5.678
201812 2.780 115.142 3.966
201903 2.430 118.202 3.377
201906 6.360 120.880 8.643
201909 2.050 123.175 2.734
201912 2.040 126.235 2.655
202003 2.550 124.705 3.359
202006 -3.680 127.000 -4.760
202009 2.720 130.118 3.434
202012 4.200 130.889 5.271
202103 4.020 131.771 5.012
202106 0.510 134.084 0.625
202109 0.760 135.847 0.919
202112 1.160 138.161 1.379
202203 2.550 138.822 3.017
202206 1.790 142.347 2.066
202209 1.490 144.661 1.692
202212 1.260 145.763 1.420
202303 2.810 146.865 3.143
202306 2.080 150.280 2.274
202309 4.100 151.492 4.446
202312 4.120 152.924 4.426
202403 4.660 153.035 5.002
202406 5.360 155.789 5.652
202409 5.580 157.882 5.806
202412 5.050 158.323 5.240
202503 7.080 157.552 7.382
202506 6.260 159.755 6.437
202509 6.240 162.289 6.316
202512 5.330 163.281 5.362
202603 7.560 164.272 7.560

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 ₹14.87 mean?
Subros (NSE:SUBROS) has a E10 of ₹14.87 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Subros and its competitors.
Is Subros' E10 too high?
Subros' current E10 is ₹14.87. Overall, Subros has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Subros' E10 compare to ORLY and AZO?
Subros' E10 of ₹14.87 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Subros and its competitors. Subros's current E10 is ₹14.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subros stock overvalued right now?
Based on GuruFocus' analysis, Subros (NSE:SUBROS) is currently considered Fairly Valued. The stock's GF Value™ is ₹785.48, compared to a current price of ₹835.45 — trading 6.4% above its estimated fair value. The current E10 is ₹14.87. Subros' overall GF Score™ is 84/100 with 1 warning sign 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 Subros (NSE:SUBROS), the current E10 is ₹14.87 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 Subros (NSE:SUBROS) Overvalued in 2026?

Based on GuruFocus' analysis, Subros stock appears to be overvalued. The current stock price of ₹835.45 is trading 6.4% above its estimated GF Value™ of ₹785.48. GuruFocus considers Subros to be Fairly Valued.

Key valuation signals for NSE:SUBROS:

  • E10: ₹14.87
  • GF Value™: ₹785.48 vs. price of ₹835.45 (6.4% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Subros Business Description

Other Exchanges 517168:India
Address Barakhamba Lane, LGF, World Trade Centre, New Delhi, IND, 110001
Subros Ltd is the manufacturer of thermal products for automotive applications in India, in technical collaboration with Denso. It majorly manufactures compressors, condensers, heat exchangers and all connecting elements required to complete the air conditioning loop and caters to all segments namely passenger vehicles, buses, trucks, refrigeration transport, off-roaders, and railways.
84GF Score

Get the complete analysis for NSE:SUBROS

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

₹835.45
Price
₹785.48
GF Value