DIC India (BOM:500089) E10: ₹22.77 (As of Mar. 2026)


BOM:500089 DIC India Ltd BOM:500089
65 GF Score
Price ₹505.00
GF Value ₹555.81
Valuation Fairly Valued
! 4 Warning Signs
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What is DIC India E10?

DIC India BOM:500089 -2.32% 65 E10 is ₹22.77 as of Mar. 2026. GuruFocus rates BOM:500089 with a GF Score™ of 65/100 and a GF Value™ of ₹555.81 (Fairly Valued). 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.

DIC India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹4.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹22.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, DIC India's average E10 Growth Rate was -9.30% per year. During the past 3 years, the average E10 Growth Rate was 3.50% per year. During the past 5 years, the average E10 Growth Rate was 4.60% 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 DIC India was 9.60% per year. The lowest was -3.50% per year. And the median was 3.50% per year.

As of today (2026-06-30), DIC India's current stock price is ₹505.00. DIC India's E10 for the quarter that ended in Mar. 2026 was ₹22.77. DIC India's Shiller PE Ratio of today is 22.18.

During the past 13 years, the highest Shiller PE Ratio of DIC India was 31.68. The lowest was 16.41. And the median was 21.52.


DIC India  (BOM:500089) 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.

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

Shiller PE Ratio=Share Price/E10
=505.00/22.77
=22.18

* 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 DIC India was 31.68. The lowest was 16.41. And the median was 21.52.


Be Aware

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


DIC India E10 Related Terms


DIC India E10 Historical Data

* Premium members only.

The historical data trend for DIC 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.

DIC India E10 Chart

DIC India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.73 21.14 17.37 25.94 23.42

DIC 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 25.10 24.45 24.19 23.42 22.77

BOM:500089 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, DIC 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.


DIC India Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, DIC India's Shiller PE Ratio distribution charts can be found below:

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


BOM:500089
65GF Score
DIC India Ltd BOM:500089
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DIC 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, DIC 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)
=4.62/164.2724*164.2724
=4.620

Current CPI (Mar. 2026) = 164.2724.

DIC India Quarterly Data

per share eps CPI Adj_EPS
201606 7.470 105.961 11.581
201609 3.990 105.961 6.186
201612 5.580 105.196 8.714
201703 -0.800 105.196 -1.249
201706 -5.425 107.109 -8.320
201709 -3.150 109.021 -4.746
201712 -3.200 109.404 -4.805
201803 -1.990 109.786 -2.978
201806 -8.220 111.317 -12.130
201809 -5.010 115.142 -7.148
201812 5.060 115.142 7.219
201903 6.220 118.202 8.644
201906 5.440 120.880 7.393
201909 0.630 123.175 0.840
201912 7.810 126.235 10.163
202003 2.620 124.705 3.451
202006 81.790 127.000 105.794
202009 3.650 130.118 4.608
202012 5.520 130.889 6.928
202103 4.920 131.771 6.134
202106 1.930 134.084 2.365
202109 3.320 135.847 4.015
202112 3.330 138.161 3.959
202203 2.500 138.822 2.958
202206 37.030 142.347 42.734
202209 1.770 144.661 2.010
202212 3.350 145.763 3.775
202303 0.990 146.865 1.107
202306 -2.800 150.280 -3.061
202309 -15.070 151.492 -16.341
202312 -7.820 152.924 -8.400
202403 4.570 153.035 4.906
202406 6.760 155.789 7.128
202409 2.160 157.882 2.247
202412 7.790 158.323 8.083
202503 2.820 157.552 2.940
202506 4.750 159.755 4.884
202509 6.400 162.289 6.478
202512 4.960 163.281 4.990
202603 4.620 164.272 4.620

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 ₹22.77 mean?
DIC India (BOM:500089) has a E10 of ₹22.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DIC India and its competitors.
Is DIC India's E10 too high?
DIC India's current E10 is ₹22.77. Overall, DIC India has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DIC India's E10 compare to LIN and SHW?
DIC India's E10 of ₹22.77 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 DIC India and its competitors. DIC India's current E10 is ₹22.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIC India stock overvalued right now?
Based on GuruFocus' analysis, DIC India (BOM:500089) is currently considered Fairly Valued. The stock's GF Value™ is ₹555.81, compared to a current price of ₹505.00 — trading 9.1% below its estimated fair value. The current E10 is ₹22.77. DIC India's overall GF Score™ is 65/100 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 DIC India (BOM:500089), the current E10 is ₹22.77 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 DIC India (BOM:500089) Overvalued in 2026?

Based on GuruFocus' analysis, DIC India stock appears to be undervalued. The current stock price of ₹505.00 is trading 9.1% below its estimated GF Value™ of ₹555.81. GuruFocus considers DIC India to be Fairly Valued.

Key valuation signals for BOM:500089:

  • E10: ₹22.77
  • GF Value™: ₹555.81 vs. price of ₹505.00 (9.1% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the BOM:500089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DIC India Business Description

Other Exchanges DICIND:India
Address Fusion Square, 5A-5B, Sector-126, 5th Floor, District Gautam Budh Nagar, Noida, UP, IND, 201303
DIC India Ltd is an Indian company engaged in the business of manufacturing printing inks, which cover newsprint ink, offset ink, and liquid ink used in newspapers, other publications, and the packaging industries. It also provides lamination adhesives. The company's product portfolio comprises gravure printing inks, offset inks, barrier coatings, adhesives, metal deco inks, and specialty inks, among others. Geographically, the company generates the majority of its revenue from the sale of its products in its domestic market, and the rest through exports.
65GF Score

Get the complete analysis for BOM:500089

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

₹505.00
Price
₹555.81
GF Value