Jindalw (BOM:500378) E10: ₹16.62 (As of Mar. 2026)


BOM:500378 Jindal Saw Ltd BOM:500378
82 GF Score
Price ₹261.45
GF Value ₹202.73
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Jindalw E10?

Jindalw BOM:500378 +0.64% 82 E10 is ₹16.62 as of Mar. 2026. GuruFocus rates BOM:500378 with a GF Score™ of 82/100 and a GF Value™ of ₹202.73 (Modestly Overvalued). The stock has 8 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.

Jindalw's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹16.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Jindalw's average E10 Growth Rate was 3.20% 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 (2026-07-08), Jindalw's current stock price is ₹261.45. Jindalw's E10 for the quarter that ended in Mar. 2026 was ₹16.62. Jindalw's Shiller PE Ratio of today is 15.73.

During the past 13 years, the highest Shiller PE Ratio of Jindalw was 27.87. The lowest was 9.23. And the median was 14.56.


Jindalw  (BOM:500378) 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.

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

Shiller PE Ratio=Share Price/E10
=261.45/16.62
=15.73

* 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 Jindalw was 27.87. The lowest was 9.23. And the median was 14.56.


Be Aware

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


Jindalw E10 Related Terms


Jindalw E10 Historical Data

* Premium members only.

The historical data trend for Jindalw'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.

Jindalw E10 Chart

Jindalw 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 0.00 16.10 16.62

Jindalw 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 16.10 16.67 16.69 16.77 16.62

BOM:500378 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Jindalw'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.


Jindalw Shiller PE Ratio vs Steel Industry

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

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


BOM:500378
82GF Score
Jindal Saw Ltd BOM:500378
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jindalw 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, Jindalw'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)
=2.18/164.2724*164.2724
=2.180

Current CPI (Mar. 2026) = 164.2724.

Jindalw Quarterly Data

per share eps CPI Adj_EPS
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
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 1.450 111.317 2.140
201809 1.520 115.142 2.169
201812 2.170 115.142 3.096
201903 8.155 118.202 11.333
201906 2.055 120.880 2.793
201909 4.705 123.175 6.275
201912 1.400 126.235 1.822
202003 0.515 124.705 0.678
202006 -0.145 127.000 -0.188
202009 1.230 130.118 1.553
202012 1.035 130.889 1.299
202103 2.890 131.771 3.603
202106 2.390 134.084 2.928
202109 1.890 135.847 2.285
202112 0.200 138.161 0.238
202203 2.000 138.822 2.367
202206 0.075 142.347 0.087
202209 0.935 144.661 1.062
202212 3.375 145.763 3.804
202303 5.750 146.865 6.432
202306 4.165 150.280 4.553
202309 2.965 151.492 3.215
202312 8.390 152.924 9.013
202403 7.850 153.035 8.426
202406 6.900 155.789 7.276
202409 15.620 157.882 16.252
202412 7.920 158.323 8.218
202503 4.560 157.552 4.755
202506 6.630 159.755 6.817
202509 2.380 162.289 2.409
202512 4.040 163.281 4.065
202603 2.180 164.272 2.180

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 ₹16.62 mean?
Jindalw (BOM:500378) has a E10 of ₹16.62 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Jindalw and its competitors.
Is Jindalw's E10 too high?
Jindalw's current E10 is ₹16.62. Overall, Jindalw has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jindalw's E10 compare to NUE and STLD?
Jindalw's E10 of ₹16.62 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Jindalw and its competitors. Jindalw's current E10 is ₹16.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindalw stock overvalued right now?
Based on GuruFocus' analysis, Jindalw (BOM:500378) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹202.73, compared to a current price of ₹261.45 — trading 29% above its estimated fair value. The current E10 is ₹16.62. Jindalw's overall GF Score™ is 82/100 with 8 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 Jindalw (BOM:500378), the current E10 is ₹16.62 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 Jindalw (BOM:500378) Overvalued in 2026?

Based on GuruFocus' analysis, Jindalw stock appears to be overvalued. The current stock price of ₹261.45 is trading 29% above its estimated GF Value™ of ₹202.73. GuruFocus considers Jindalw to be Modestly Overvalued.

Key valuation signals for BOM:500378:

  • E10: ₹16.62
  • GF Value™: ₹202.73 vs. price of ₹261.45 (29% above fair value)
  • GF Score™: 82/100 with 8 warning signs

No single metric tells the full story. See the BOM:500378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jindalw Business Description

Other Exchanges JINDALSAW:India
Address 12 Bhikaiji Cama Place, Jindal Centre, New Delhi, IND, 110066
Jindal Saw Ltd is a manufacturer and supplier of Iron & Steel pipes and pellets having manufacturing facilities in India. Its products have applications in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation purposes and other industrial applications. Its product portfolio includes Helical & Longitudinal Submerged Arc Welded Pipes, Centrifugal Casted Pipes & Fittings, Carbon Steel/ Alloy Steel (Seamless Pipes & Tubes), Stainless Steel (Seamless & Welded) Pipes & Tubes, and Pellets & Mining. The company derives revenue from the manufacturing of iron and steel pipes and pellets in India.
82GF Score

Get the complete analysis for BOM:500378

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

₹261.45
Price
₹202.73
GF Value