Kennametal India (BOM:505890) E10: ₹43.52 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:505890 Kennametal India Ltd BOM:505890
90 GF Score
Price ₹2,880.10
GF Value ₹2,873.59
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Kennametal India E10?

Kennametal India BOM:505890 -0.20% 90 E10 is ₹43.52 as of Mar. 2026. GuruFocus rates BOM:505890 with a GF Score™ of 90/100 and a GF Value™ of ₹2,873.59 (Fairly Valued). The stock has 1 warning sign 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.

Kennametal India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹23.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹43.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kennametal India's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 13.70% per year. During the past 5 years, the average E10 Growth Rate was 13.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Kennametal India was 14.40% per year. The lowest was 12.70% per year. And the median was 13.70% per year.

As of today (2026-07-30), Kennametal India's current stock price is ₹2880.10. Kennametal India's E10 for the quarter that ended in Mar. 2026 was ₹43.52. Kennametal India's Shiller PE Ratio of today is 66.18.

During the past 13 years, the highest Shiller PE Ratio of Kennametal India was 106.93. The lowest was 32.38. And the median was 69.85.


Kennametal India  (BOM:505890) 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.

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

Shiller PE Ratio=Share Price/E10
=2880.10/43.52
=66.18

* 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 Kennametal India was 106.93. The lowest was 32.38. And the median was 69.85.


Be Aware

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


Kennametal India E10 Related Terms


Kennametal India E10 Historical Data

* Premium members only.

The historical data trend for Kennametal 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.

Kennametal India E10 Chart

Kennametal India Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.77 26.35 30.70 35.63 38.78

Kennametal 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 37.98 38.78 40.30 41.30 43.52

BOM:505890 vs SNA, RBC, SWK: E10 Comparison

For the Tools & Accessories subindustry, Kennametal 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.


Kennametal India Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kennametal India's Shiller PE Ratio distribution charts can be found below:

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


BOM:505890
90GF Score
Kennametal India Ltd BOM:505890
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kennametal 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, Kennametal 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)
=23.38/164.2724*164.2724
=23.380

Current CPI (Mar. 2026) = 164.2724.

Kennametal India Quarterly Data

per share eps CPI Adj_EPS
201606 3.280 105.961 5.085
201609 2.180 105.961 3.380
201612 4.320 105.196 6.746
201703 3.617 105.196 5.648
201706 0.969 107.109 1.486
201709 4.550 109.021 6.856
201712 2.840 109.404 4.264
201803 7.420 109.786 11.102
201806 8.960 111.317 13.222
201809 11.100 115.142 15.836
201812 13.970 115.142 19.931
201903 6.250 118.202 8.686
201906 9.810 120.880 13.332
201909 9.320 123.175 12.430
201912 6.010 126.235 7.821
202003 4.410 124.705 5.809
202006 -4.330 127.000 -5.601
202009 6.010 130.118 7.588
202012 7.510 130.889 9.425
202103 9.990 131.771 12.454
202106 9.830 134.084 12.043
202109 12.880 135.847 15.575
202112 13.920 138.161 16.551
202203 12.240 138.822 14.484
202206 12.900 142.347 14.887
202209 14.330 144.661 16.273
202212 9.960 145.763 11.225
202303 7.100 146.865 7.942
202306 8.520 150.280 9.313
202309 7.780 151.492 8.436
202312 11.330 152.924 12.171
202403 17.430 153.035 18.710
202406 13.750 155.789 14.499
202409 11.390 157.882 11.851
202412 10.080 158.323 10.459
202503 11.110 157.552 11.584
202506 14.240 159.755 14.643
202509 14.300 162.289 14.475
202512 11.110 163.281 11.177
202603 23.380 164.272 23.380

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 ₹43.52 mean?
Kennametal India (BOM:505890) has a E10 of ₹43.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kennametal India and its competitors.
Is Kennametal India's E10 too high?
Kennametal India's current E10 is ₹43.52. Overall, Kennametal India has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kennametal India's E10 compare to SNA and RBC?
Kennametal India's E10 of ₹43.52 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Kennametal India and its competitors. Kennametal India's current E10 is ₹43.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kennametal India stock overvalued right now?
Based on GuruFocus' analysis, Kennametal India (BOM:505890) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,873.59, compared to a current price of ₹2,880.10 — trading 0.2% above its estimated fair value. The current E10 is ₹43.52. Kennametal India's overall GF Score™ is 90/100 with 1 warning sign 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 Kennametal India (BOM:505890), the current E10 is ₹43.52 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 Kennametal India (BOM:505890) Overvalued in 2026?

Based on GuruFocus' analysis, Kennametal India stock appears to be overvalued. The current stock price of ₹2,880.10 is trading 0.2% above its estimated GF Value™ of ₹2,873.59. GuruFocus considers Kennametal India to be Fairly Valued.

Key valuation signals for BOM:505890:

  • E10: ₹43.52
  • GF Value™: ₹2,873.59 vs. price of ₹2,880.10 (0.2% above fair value)
  • GF Score™: 90/100 with 1 warning sign

No single metric tells the full story. See the BOM:505890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kennametal India Business Description

Other Exchanges KENNAMET:India
Address 8/9th Mile, Tumkur Road, Bengaluru, KA, IND, 560073
Kennametal India Ltd is engaged in the manufacturing and trading of hard metal products and machine tools, also known as machining solutions, serving both domestic and international markets. It operates through two main segments, the Machining Solutions Group and Hard Metal Products. The Machining Solutions Group's sales include machines, fixtures, spare parts, and after-sales services. The Hard Metal Products segment is the key revenue driver, offering metal cutting tools, tooling systems, and wear-resistant components for various industries such as automotive, aerospace, energy, and engineering. The company's operations are mainly based in India, with a presence in Germany, the USA, and China, and the majority of its revenue comes from India.
90GF Score

Get the complete analysis for BOM:505890

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

₹2,880.10
Price
₹2,873.59
GF Value