Raasi Refractories (BOM:502271) E10: ₹1.42 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:502271 Raasi Refractories Ltd BOM:502271
43 GF Score
Price ₹17.01
GF Value ₹30.71
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Raasi Refractories E10?

Raasi Refractories BOM:502271 43 E10 is ₹1.42 as of Mar. 2026. GuruFocus rates BOM:502271 with a GF Score™ of 43/100 and a GF Value™ of ₹30.71 (Possible Value Trap). 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.

Raasi Refractories's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-4.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Raasi Refractories's average E10 Growth Rate was 167.90% 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 Raasi Refractories was 7.50% per year. The lowest was 7.50% per year. And the median was 7.50% per year.

As of today (2026-07-25), Raasi Refractories's current stock price is ₹17.01. Raasi Refractories's E10 for the quarter that ended in Mar. 2026 was ₹1.42. Raasi Refractories's Shiller PE Ratio of today is 11.98.

During the past 13 years, the highest Shiller PE Ratio of Raasi Refractories was 52.64. The lowest was 9.68. And the median was 16.89.


Raasi Refractories  (BOM:502271) 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.

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

Shiller PE Ratio=Share Price/E10
=17.01/1.42
=11.98

* 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 Raasi Refractories was 52.64. The lowest was 9.68. And the median was 16.89.


Be Aware

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


Raasi Refractories E10 Related Terms


Raasi Refractories E10 Historical Data

* Premium members only.

The historical data trend for Raasi Refractories'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.

Raasi Refractories E10 Chart

Raasi Refractories 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 -6.48 -5.91 -5.18 0.53 1.42

Raasi Refractories 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 0.53 0.81 1.66 1.27 1.42

BOM:502271 vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Raasi Refractories'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.


Raasi Refractories Shiller PE Ratio vs Building Materials Industry

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

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


BOM:502271
43GF Score
Raasi Refractories Ltd BOM:502271
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raasi Refractories 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, Raasi Refractories'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)
=-4.42/164.2724*164.2724
=-4.420

Current CPI (Mar. 2026) = 164.2724.

Raasi Refractories Quarterly Data

per share eps CPI Adj_EPS
201606 -1.260 105.961 -1.953
201609 -2.800 105.961 -4.341
201612 -2.330 105.196 -3.638
201703 -0.400 105.196 -0.625
201706 -3.210 107.109 -4.923
201709 -4.560 109.021 -6.871
201712 1.190 109.404 1.787
201803 7.930 109.786 11.866
201806 0.220 111.317 0.325
201809 0.170 115.142 0.243
201812 0.710 115.142 1.013
201903 7.390 118.202 10.270
201906 0.440 120.880 0.598
201909 0.290 123.175 0.387
201912 0.200 126.235 0.260
202003 2.080 124.705 2.740
202006 0.340 127.000 0.440
202009 0.100 130.118 0.126
202012 0.300 130.889 0.377
202103 0.050 131.771 0.062
202106 0.260 134.084 0.319
202109 0.470 135.847 0.568
202112 0.019 138.161 0.023
202203 1.688 138.822 1.997
202206 -5.330 142.347 -6.151
202209 -3.130 144.661 -3.554
202212 0.650 145.763 0.733
202303 9.640 146.865 10.783
202306 -4.770 150.280 -5.214
202309 9.660 151.492 10.475
202312 -4.210 152.924 -4.522
202403 -0.040 153.035 -0.043
202406 -1.090 155.789 -1.149
202409 1.330 157.882 1.384
202412 -4.850 158.323 -5.032
202503 4.820 157.552 5.026
202506 0.590 159.755 0.607
202509 8.620 162.289 8.725
202512 -4.420 163.281 -4.447
202603 -4.420 164.272 -4.420

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 ₹1.42 mean?
Raasi Refractories (BOM:502271) has a E10 of ₹1.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Raasi Refractories and its competitors.
Is Raasi Refractories' E10 too high?
Raasi Refractories' current E10 is ₹1.42. Overall, Raasi Refractories has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Raasi Refractories' E10 compare to CRH and VMC?
Raasi Refractories' E10 of ₹1.42 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Raasi Refractories and its competitors. Raasi Refractories's current E10 is ₹1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raasi Refractories stock overvalued right now?
Based on GuruFocus' analysis, Raasi Refractories (BOM:502271) is currently considered Possible Value Trap. The stock's GF Value™ is ₹30.71, compared to a current price of ₹17.01 — trading 44.6% below its estimated fair value. The current E10 is ₹1.42. Raasi Refractories' overall GF Score™ is 43/100 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 Raasi Refractories (BOM:502271), the current E10 is ₹1.42 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 Raasi Refractories (BOM:502271) Overvalued in 2026?

Based on GuruFocus' analysis, Raasi Refractories stock appears to be undervalued. The current stock price of ₹17.01 is trading 44.6% below its estimated GF Value™ of ₹30.71. GuruFocus considers Raasi Refractories to be Possible Value Trap.

Key valuation signals for BOM:502271:

  • E10: ₹1.42
  • GF Value™: ₹30.71 vs. price of ₹17.01 (44.6% below fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the BOM:502271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raasi Refractories Business Description

Address House No. 15-145/9, Kodandaram Nagar, Saroor Nagar, Near Sarada Talkies, Hyderabad, TG, IND, 500060
Raasi Refractories Ltd is engaged in the manufacture of refractory products in India. The company offers Standard as well as Special refractories products which include basic refractories such as magnesite, alumina spinel bricks, fire clay and high alumina, cold and hot face insulation bricks, ramming, stopper heads, and much more.
43GF Score

Get the complete analysis for BOM:502271

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

₹17.01
Price
₹30.71
GF Value