Apis India (BOM:506166) E10: ₹2.29 (As of Mar. 2026)


BOM:506166 Apis India Ltd BOM:506166
62 GF Score
Price ₹60.04
GF Value ₹13.01
Valuation Significantly Overvalued
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What is Apis India E10?

Apis India BOM:506166 -2.41% 62 E10 is ₹2.29 as of Mar. 2026. GuruFocus rates BOM:506166 with a GF Score™ of 62/100 and a GF Value™ of ₹13.01 (Significantly Overvalued).

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.

Apis India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Apis India's average E10 Growth Rate was 6.00% per year. During the past 3 years, the average E10 Growth Rate was 35.50% 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 Apis India was 35.50% per year. The lowest was 35.50% per year. And the median was 35.50% per year.

As of today (2026-07-02), Apis India's current stock price is ₹60.04. Apis India's E10 for the quarter that ended in Mar. 2026 was ₹2.29. Apis India's Shiller PE Ratio of today is 26.22.

During the past 13 years, the highest Shiller PE Ratio of Apis India was 47.16. The lowest was 0.82. And the median was 5.45.


Apis India  (BOM:506166) 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.

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

Shiller PE Ratio=Share Price/E10
=60.04/2.29
=26.22

* 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 Apis India was 47.16. The lowest was 0.82. And the median was 5.45.


Be Aware

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


Apis India E10 Related Terms


Apis India E10 Historical Data

* Premium members only.

The historical data trend for Apis 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.

Apis India E10 Chart

Apis India 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 0.92 1.09 2.16 2.29

Apis 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 2.16 2.18 2.22 2.23 2.29

BOM:506166 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Apis 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.


Apis India Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apis India's Shiller PE Ratio distribution charts can be found below:

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


BOM:506166
62GF Score
Apis India Ltd BOM:506166
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apis 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, Apis 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)
=0.77/164.2724*164.2724
=0.770

Current CPI (Mar. 2026) = 164.2724.

Apis India Quarterly Data

per share eps CPI Adj_EPS
201606 0.280 105.961 0.434
201609 0.110 105.961 0.171
201612 0.204 105.196 0.319
201703 0.152 105.196 0.237
201706 0.189 107.109 0.290
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.301 109.786 0.450
201806 0.185 111.317 0.273
201809 0.132 115.142 0.188
201812 0.223 115.142 0.318
201903 0.233 118.202 0.324
201906 0.032 120.880 0.043
201909 0.039 123.175 0.052
201912 0.002 126.235 0.003
202003 0.163 124.705 0.215
202006 0.246 127.000 0.318
202009 0.170 130.118 0.215
202012 0.048 130.889 0.060
202103 -0.003 131.771 -0.004
202106 0.090 134.084 0.110
202109 0.094 135.847 0.114
202112 0.266 138.161 0.316
202203 0.088 138.822 0.104
202206 0.128 142.347 0.148
202209 0.537 144.661 0.610
202212 0.244 145.763 0.275
202303 0.415 146.865 0.464
202306 0.648 150.280 0.708
202309 0.370 151.492 0.401
202312 1.134 152.924 1.218
202403 0.216 153.035 0.232
202406 0.382 155.789 0.403
202409 0.487 157.882 0.507
202412 9.490 158.323 9.847
202503 0.590 157.552 0.615
202506 0.184 159.755 0.189
202509 0.514 162.289 0.520
202512 0.280 163.281 0.282
202603 0.770 164.272 0.770

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 ₹2.29 mean?
Apis India (BOM:506166) has a E10 of ₹2.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Apis India and its competitors.
Is Apis India's E10 too high?
Apis India's current E10 is ₹2.29. Overall, Apis India has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apis India's E10 compare to KHC and GIS?
Apis India's E10 of ₹2.29 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Apis India and its competitors. Apis India's current E10 is ₹2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apis India stock overvalued right now?
Based on GuruFocus' analysis, Apis India (BOM:506166) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹13.01, compared to a current price of ₹60.04 — trading 361.5% above its estimated fair value. The current E10 is ₹2.29. Apis India's overall GF Score™ is 62/100. 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 Apis India (BOM:506166), the current E10 is ₹2.29 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 Apis India (BOM:506166) Overvalued in 2026?

Based on GuruFocus' analysis, Apis India stock appears to be overvalued. The current stock price of ₹60.04 is trading 361.5% above its estimated GF Value™ of ₹13.01. GuruFocus considers Apis India to be Significantly Overvalued.

Key valuation signals for BOM:506166:

  • E10: ₹2.29
  • GF Value™: ₹13.01 vs. price of ₹60.04 (361.5% above fair value)
  • GF Score™: 62/100

No single metric tells the full story. See the BOM:506166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apis India Business Description

Address 18/32, East Patel Nagar, New Delhi, IND, 110 008
Apis India Ltd is a honey manufacturing company. The company has in-house facilities for testing, lab, processing, and filtration of honey. The company's product profile consists of Dates, Green tea, Honey, Pickles and Jam, among others. The company sells its products in India and also exports them to other countries, of which key income is earned in India.
62GF Score

Get the complete analysis for BOM:506166

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

₹60.04
Price
₹13.01
GF Value