Kajaria Ceramics (BOM:500233) E10: ₹24.44 (As of Mar. 2026)

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BOM:500233 Kajaria Ceramics Ltd BOM:500233
90 GF Score
Price ₹1,212.65
GF Value ₹1,327.12
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Kajaria Ceramics E10?

Kajaria Ceramics BOM:500233 +0.20% 90 E10 is ₹24.44 as of Mar. 2026. GuruFocus rates BOM:500233 with a GF Score™ of 90/100 and a GF Value™ of ₹1,327.12 (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.

Kajaria Ceramics's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹9.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹24.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kajaria Ceramics's average E10 Growth Rate was 7.50% per year. During the past 3 years, the average E10 Growth Rate was 6.90% per year. During the past 5 years, the average E10 Growth Rate was 8.70% 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 Kajaria Ceramics was 11.40% per year. The lowest was 6.90% per year. And the median was 9.40% per year.

As of today (2026-07-27), Kajaria Ceramics's current stock price is ₹1212.65. Kajaria Ceramics's E10 for the quarter that ended in Mar. 2026 was ₹24.44. Kajaria Ceramics's Shiller PE Ratio of today is 49.62.

During the past 13 years, the highest Shiller PE Ratio of Kajaria Ceramics was 77.55. The lowest was 21.03. And the median was 54.16.


Kajaria Ceramics  (BOM:500233) 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.

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

Shiller PE Ratio=Share Price/E10
=1212.65/24.44
=49.62

* 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 Kajaria Ceramics was 77.55. The lowest was 21.03. And the median was 54.16.


Be Aware

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


Kajaria Ceramics E10 Related Terms


Kajaria Ceramics E10 Historical Data

* Premium members only.

The historical data trend for Kajaria Ceramics'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.

Kajaria Ceramics E10 Chart

Kajaria Ceramics 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 18.01 19.99 22.09 22.74 24.44

Kajaria Ceramics 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 22.74 23.27 23.88 24.01 24.44

BOM:500233 vs TT, JCI, CARR: E10 Comparison

For the Building Products & Equipment subindustry, Kajaria Ceramics'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.


Kajaria Ceramics Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kajaria Ceramics's Shiller PE Ratio distribution charts can be found below:

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


BOM:500233
90GF Score
Kajaria Ceramics Ltd BOM:500233
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kajaria Ceramics 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, Kajaria Ceramics'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)
=9.77/164.2724*164.2724
=9.770

Current CPI (Mar. 2026) = 164.2724.

Kajaria Ceramics Quarterly Data

per share eps CPI Adj_EPS
201606 3.970 105.961 6.155
201609 3.990 105.961 6.186
201612 3.460 105.196 5.403
201703 4.440 105.196 6.933
201706 3.200 107.109 4.908
201709 4.000 109.021 6.027
201712 3.410 109.404 5.120
201803 4.140 109.786 6.195
201806 2.860 111.317 4.221
201809 3.160 115.142 4.508
201812 4.070 115.142 5.807
201903 4.150 118.202 5.767
201906 3.210 120.880 4.362
201909 5.860 123.175 7.815
201912 3.870 126.235 5.036
202003 3.120 124.705 4.110
202006 -1.700 127.000 -2.199
202009 5.600 130.118 7.070
202012 7.480 130.889 9.388
202103 7.990 131.771 9.961
202106 2.710 134.084 3.320
202109 7.300 135.847 8.827
202112 7.670 138.161 9.120
202203 6.000 138.822 7.100
202206 5.800 142.347 6.693
202209 4.390 144.661 4.985
202212 4.670 145.763 5.263
202303 6.770 146.865 7.572
202306 6.750 150.280 7.378
202309 6.780 151.492 7.352
202312 6.530 152.924 7.015
202403 6.440 153.035 6.913
202406 5.630 155.789 5.937
202409 5.280 157.882 5.494
202412 4.880 158.323 5.063
202503 2.670 157.552 2.784
202506 6.840 159.755 7.033
202509 8.330 162.289 8.432
202512 5.500 163.281 5.533
202603 9.770 164.272 9.770

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 ₹24.44 mean?
Kajaria Ceramics (BOM:500233) has a E10 of ₹24.44 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kajaria Ceramics and its competitors.
Is Kajaria Ceramics' E10 too high?
Kajaria Ceramics' current E10 is ₹24.44. Overall, Kajaria Ceramics has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kajaria Ceramics' E10 compare to TT and JCI?
Kajaria Ceramics' E10 of ₹24.44 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Kajaria Ceramics and its competitors. Kajaria Ceramics's current E10 is ₹24.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kajaria Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Kajaria Ceramics (BOM:500233) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,327.12, compared to a current price of ₹1,212.65 — trading 8.6% below its estimated fair value. The current E10 is ₹24.44. Kajaria Ceramics' overall GF Score™ is 90/100 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 Kajaria Ceramics (BOM:500233), the current E10 is ₹24.44 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 Kajaria Ceramics (BOM:500233) Overvalued in 2026?

Based on GuruFocus' analysis, Kajaria Ceramics stock appears to be undervalued. The current stock price of ₹1,212.65 is trading 8.6% below its estimated GF Value™ of ₹1,327.12. GuruFocus considers Kajaria Ceramics to be Fairly Valued.

Key valuation signals for BOM:500233:

  • E10: ₹24.44
  • GF Value™: ₹1,327.12 vs. price of ₹1,212.65 (8.6% below fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the BOM:500233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kajaria Ceramics Business Description

Other Exchanges KAJARIACER:India
Address Mathura Road, J-1/B-1 (Extn), Mohan Co-operative Industrial Estate, Opposite Badarpur Thermal Power Station, New Delhi, IND, 110044
Kajaria Ceramics Ltd is a manufacturer of indoor floor and wall tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products, including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.
90GF Score

Get the complete analysis for BOM:500233

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

₹1,212.65
Price
₹1,327.12
GF Value