Garware Hi-Tech Films (BOM:500655) E10: ₹90.77 (As of Mar. 2026)


BOM:500655 Garware Hi-Tech Films Ltd BOM:500655
67 GF Score
Price ₹6,866.15
GF Value ₹3,344.32
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Garware Hi-Tech Films E10?

Garware Hi-Tech Films BOM:500655 -1.02% 67 E10 is ₹90.77 as of Mar. 2026. GuruFocus rates BOM:500655 with a GF Score™ of 67/100 and a GF Value™ of ₹3,344.32 (Significantly Overvalued). The stock has 6 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.

Garware Hi-Tech Films's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹46.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹90.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Garware Hi-Tech Films's average E10 Growth Rate was 14.40% 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 (2026-07-06), Garware Hi-Tech Films's current stock price is ₹6866.15. Garware Hi-Tech Films's E10 for the quarter that ended in Mar. 2026 was ₹90.77. Garware Hi-Tech Films's Shiller PE Ratio of today is 75.64.

During the past 13 years, the highest Shiller PE Ratio of Garware Hi-Tech Films was 75.64. The lowest was 32.61. And the median was 42.98.


Garware Hi-Tech Films  (BOM:500655) 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.

Garware Hi-Tech Films's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6866.15/90.77
=75.64

* 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 Garware Hi-Tech Films was 75.64. The lowest was 32.61. And the median was 42.98.


Be Aware

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


Garware Hi-Tech Films E10 Related Terms


Garware Hi-Tech Films E10 Historical Data

* Premium members only.

The historical data trend for Garware Hi-Tech Films'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.

Garware Hi-Tech Films E10 Chart

Garware Hi-Tech Films 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 79.32 90.77

Garware Hi-Tech Films 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 79.32 82.59 86.34 87.16 90.77

BOM:500655 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Garware Hi-Tech Films'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.


Garware Hi-Tech Films Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Garware Hi-Tech Films's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Garware Hi-Tech Films's Shiller PE Ratio falls into.


BOM:500655
67GF Score
Garware Hi-Tech Films Ltd BOM:500655
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garware Hi-Tech Films 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, Garware Hi-Tech Films'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)
=46.58/164.2724*164.2724
=46.580

Current CPI (Mar. 2026) = 164.2724.

Garware Hi-Tech Films 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 10.790 111.317 15.923
201809 10.800 115.142 15.408
201812 6.220 115.142 8.874
201903 7.350 118.202 10.215
201906 11.540 120.880 15.683
201909 11.520 123.175 15.364
201912 4.890 126.235 6.363
202003 9.070 124.705 11.948
202006 5.860 127.000 7.580
202009 16.250 130.118 20.515
202012 18.410 130.889 23.105
202103 13.680 131.771 17.054
202106 15.420 134.084 18.892
202109 18.650 135.847 22.552
202112 18.460 138.161 21.949
202203 19.420 138.822 22.980
202206 19.170 142.347 22.123
202209 20.720 144.661 23.529
202212 13.090 145.763 14.752
202303 18.540 146.865 20.738
202306 18.810 150.280 20.561
202309 19.760 151.492 21.427
202312 24.050 152.924 25.835
202403 24.880 153.035 26.707
202406 38.030 155.789 40.101
202409 44.880 157.882 46.696
202412 26.170 158.323 27.153
202503 33.490 157.552 34.919
202506 35.730 159.755 36.740
202509 39.270 162.289 39.750
202512 24.010 163.281 24.156
202603 46.580 164.272 46.580

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 ₹90.77 mean?
Garware Hi-Tech Films (BOM:500655) has a E10 of ₹90.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Garware Hi-Tech Films and its competitors.
Is Garware Hi-Tech Films' E10 too high?
Garware Hi-Tech Films' current E10 is ₹90.77. Overall, Garware Hi-Tech Films has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garware Hi-Tech Films' E10 compare to LIN and SHW?
Garware Hi-Tech Films' E10 of ₹90.77 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 Garware Hi-Tech Films and its competitors. Garware Hi-Tech Films's current E10 is ₹90.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Hi-Tech Films stock overvalued right now?
Based on GuruFocus' analysis, Garware Hi-Tech Films (BOM:500655) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,344.32, compared to a current price of ₹6,866.15 — trading 105.3% above its estimated fair value. The current E10 is ₹90.77. Garware Hi-Tech Films' overall GF Score™ is 67/100 with 6 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 Garware Hi-Tech Films (BOM:500655), the current E10 is ₹90.77 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 Garware Hi-Tech Films (BOM:500655) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Hi-Tech Films stock appears to be overvalued. The current stock price of ₹6,866.15 is trading 105.3% above its estimated GF Value™ of ₹3,344.32. GuruFocus considers Garware Hi-Tech Films to be Significantly Overvalued.

Key valuation signals for BOM:500655:

  • E10: ₹90.77
  • GF Value™: ₹3,344.32 vs. price of ₹6,866.15 (105.3% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the BOM:500655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Hi-Tech Films Business Description

Other Exchanges GRWRHITECH:India
Address 50 - A, Swami Nityanand Marg, Garware House, Vile Parle (East), Mumbai, MH, IND, 400 057
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing & Trading of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. The company leverages its nano-dispersion and other cutting-edge technologies and other cutting-edge technologies to maintain its market. Geographically, the company derives maximum revenue from USA customers. It has one segment: Polyester films.
67GF Score

Get the complete analysis for BOM:500655

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

₹6,866.15
Price
₹3,344.32
GF Value