Vipul (NSE:VIPULLTD) E10: ₹-0.47 (As of Dec. 2025)


NSE:VIPULLTD Vipul Ltd NSE:VIPULLTD
43 GF Score
Price ₹12.98
GF Value ₹6.98
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Vipul E10?

Vipul NSE:VIPULLTD +4.93% 43 E10 is ₹-0.47 as of Dec. 2025. GuruFocus rates NSE:VIPULLTD with a GF Score™ of 43/100 and a GF Value™ of ₹6.98 (Significantly Overvalued). The stock has 5 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.

Vipul's adjusted earnings per share data for the three months ended in Dec. 2025 was ₹0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.47 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Vipul's average E10 Growth Rate was -2450.00% 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 (2026-06-26), Vipul's current stock price is ₹12.98. Vipul's E10 for the quarter that ended in Dec. 2025 was ₹-0.47. Vipul's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Vipul was 1118.00. The lowest was 508.00. And the median was 792.00.


Vipul  (NSE:VIPULLTD) 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 Vipul was 1118.00. The lowest was 508.00. And the median was 792.00.


Be Aware

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


Vipul E10 Related Terms


Vipul E10 Historical Data

* Premium members only.

The historical data trend for Vipul'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.

Vipul E10 Chart

Vipul Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.05 -0.28

Vipul Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.02 -0.28 -0.29 -0.40 -0.47

Vipul E10 Competitor Comparison

For the Real Estate - Diversified subindustry, Vipul'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.


Vipul Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vipul's Shiller PE Ratio distribution charts can be found below:

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


NSE:VIPULLTD
43GF Score
Vipul Ltd NSE:VIPULLTD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vipul 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, Vipul's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.09/163.2808*163.2808
=0.090

Current CPI (Dec. 2025) = 163.2808.

Vipul Quarterly Data

per share eps CPI Adj_EPS
201212 0.060 83.774 0.117
201303 -0.050 85.687 -0.095
201306 0.030 88.365 0.055
201403 0.000 91.425 0.000
201406 0.050 94.103 0.087
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 -0.160 111.317 -0.235
201809 -0.160 115.142 -0.227
201812 0.030 115.142 0.043
201903 0.020 118.202 0.028
201906 -0.290 120.880 -0.392
201909 -0.460 123.175 -0.610
201912 -0.270 126.235 -0.349
202003 -1.830 124.705 -2.396
202006 -0.780 127.000 -1.003
202009 -1.310 130.118 -1.644
202012 -0.780 130.889 -0.973
202103 -0.740 131.771 -0.917
202106 -0.350 134.084 -0.426
202109 -1.800 135.847 -2.164
202112 -0.160 138.161 -0.189
202203 -1.170 138.822 -1.376
202206 -9.100 142.347 -10.438
202209 1.560 144.661 1.761
202212 -1.160 145.763 -1.299
202303 -0.580 146.865 -0.645
202306 -1.280 150.280 -1.391
202309 -1.420 151.492 -1.531
202312 5.270 152.924 5.627
202403 16.890 153.035 18.021
202406 0.150 155.789 0.157
202409 0.100 157.882 0.103
202412 0.310 158.323 0.320
202503 -2.570 157.552 -2.663
202506 -0.100 159.755 -0.102
202509 0.510 162.289 0.513
202512 0.090 163.281 0.090

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 ₹-0.47 mean?
Vipul (NSE:VIPULLTD) has a E10 of ₹-0.47 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vipul and its competitors.
Is Vipul's E10 too high?
Vipul's current E10 is ₹-0.47. Overall, Vipul has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vipul's E10 compare to competitors?
Vipul's E10 of ₹-0.47 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Vipul and its competitors. Vipul's current E10 is ₹-0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipul stock overvalued right now?
Based on GuruFocus' analysis, Vipul (NSE:VIPULLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹6.98, compared to a current price of ₹12.98 — trading 86% above its estimated fair value. The current E10 is ₹-0.47. Vipul's overall GF Score™ is 43/100 with 5 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 Vipul (NSE:VIPULLTD), the current E10 is ₹-0.47 as of Dec. 2025. 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 Vipul (NSE:VIPULLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Vipul stock appears to be overvalued. The current stock price of ₹12.98 is trading 86% above its estimated GF Value™ of ₹6.98. GuruFocus considers Vipul to be Significantly Overvalued.

Key valuation signals for NSE:VIPULLTD:

  • E10: ₹-0.47
  • GF Value™: ₹6.98 vs. price of ₹12.98 (86% above fair value)
  • GF Score™: 43/100 with 5 warning signs

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


Vipul Business Description

Other Exchanges 511726:India
Address Golf Course Road, Sector-43, Vipul TechSquare, Gurgaon, HR, IND, 122009
Vipul Ltd is an India-based company engaged in the business of Real Estate. Its projects include a range of residential, commercial, retail, integrated townships, and lifestyle gated communities, built in partnership with contractors and consultants. The company's project includes Gurgaon: Tatvam Villas, Vipul Plots, Vipul Garden, Vipul Greens, Vipul Plaza, Vipul Square, Vipul Belmonte, Vipul Floors, Vipul Agora, Ardee City, Vipul Agora, Vipul Trade Center, Vipul Business Park, Vipul Plaza, Faridabad, Vipul Plaza, Bhubaneswar.
43GF Score

Get the complete analysis for NSE:VIPULLTD

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

₹12.98
Price
₹6.98
GF Value