Makers Laboratories (BOM:506919) E10: ₹3.43 (As of Mar. 2026)

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BOM:506919 Makers Laboratories Ltd BOM:506919
66 GF Score
Price ₹151.50
GF Value ₹174.61
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Makers Laboratories E10?

Makers Laboratories BOM:506919 -0.53% 66 E10 is ₹3.43 as of Mar. 2026. GuruFocus rates BOM:506919 with a GF Score™ of 66/100 and a GF Value™ of ₹174.61 (Modestly Undervalued). The stock has 5 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.

Makers Laboratories's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Makers Laboratories's average E10 Growth Rate was -5.00% per year. During the past 3 years, the average E10 Growth Rate was -5.90% per year. During the past 5 years, the average E10 Growth Rate was -7.50% 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 Makers Laboratories was -5.90% per year. The lowest was -12.70% per year. And the median was -11.60% per year.

As of today (2026-07-30), Makers Laboratories's current stock price is ₹151.50. Makers Laboratories's E10 for the quarter that ended in Mar. 2026 was ₹3.43. Makers Laboratories's Shiller PE Ratio of today is 44.17.

During the past 13 years, the highest Shiller PE Ratio of Makers Laboratories was 71.20. The lowest was 18.35. And the median was 39.86.


Makers Laboratories  (BOM:506919) 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.

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

Shiller PE Ratio=Share Price/E10
=151.50/3.43
=44.17

* 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 Makers Laboratories was 71.20. The lowest was 18.35. And the median was 39.86.


Be Aware

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


Makers Laboratories E10 Related Terms


Makers Laboratories E10 Historical Data

* Premium members only.

The historical data trend for Makers Laboratories'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.

Makers Laboratories E10 Chart

Makers Laboratories 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 5.43 4.11 3.01 3.61 3.43

Makers Laboratories 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 3.61 3.32 3.16 3.19 3.43

BOM:506919 vs ZTS: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Makers Laboratories'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.


Makers Laboratories Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Makers Laboratories's Shiller PE Ratio distribution charts can be found below:

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


BOM:506919
66GF Score
Makers Laboratories Ltd BOM:506919
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makers Laboratories 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, Makers Laboratories'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)
=1.85/164.2724*164.2724
=1.850

Current CPI (Mar. 2026) = 164.2724.

Makers Laboratories Quarterly Data

per share eps CPI Adj_EPS
201606 2.466 105.961 3.823
201609 2.360 105.961 3.659
201612 2.120 105.196 3.311
201703 0.278 105.196 0.434
201706 -0.307 107.109 -0.471
201709 3.502 109.021 5.277
201712 1.190 109.404 1.787
201803 1.583 109.786 2.369
201806 1.871 111.317 2.761
201809 1.823 115.142 2.601
201812 -0.451 115.142 -0.643
201903 1.535 118.202 2.133
201906 -1.209 120.880 -1.643
201909 0.614 123.175 0.819
201912 -0.297 126.235 -0.386
202003 0.652 124.705 0.859
202006 0.029 127.000 0.038
202009 1.842 130.118 2.326
202012 -2.946 130.889 -3.697
202103 0.405 131.771 0.505
202106 3.540 134.084 4.337
202109 3.390 135.847 4.099
202112 3.960 138.161 4.708
202203 -1.190 138.822 -1.408
202206 -2.820 142.347 -3.254
202209 -1.000 144.661 -1.136
202212 -3.650 145.763 -4.113
202303 -0.430 146.865 -0.481
202306 -3.550 150.280 -3.881
202309 -2.270 151.492 -2.462
202312 -2.610 152.924 -2.804
202403 -2.180 153.035 -2.340
202406 -1.670 155.789 -1.761
202409 14.940 157.882 15.545
202412 -0.500 158.323 -0.519
202503 -0.080 157.552 -0.083
202506 0.740 159.755 0.761
202509 -0.200 162.289 -0.202
202512 1.590 163.281 1.600
202603 1.850 164.272 1.850

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 ₹3.43 mean?
Makers Laboratories (BOM:506919) has a E10 of ₹3.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Makers Laboratories and its competitors.
Is Makers Laboratories' E10 too high?
Makers Laboratories' current E10 is ₹3.43. Overall, Makers Laboratories has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Makers Laboratories' E10 compare to ZTS?
Makers Laboratories' E10 of ₹3.43 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Makers Laboratories and its competitors. Makers Laboratories's current E10 is ₹3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makers Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Makers Laboratories (BOM:506919) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹174.61, compared to a current price of ₹151.50 — trading 13.2% below its estimated fair value. The current E10 is ₹3.43. Makers Laboratories' overall GF Score™ is 66/100 with 5 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 Makers Laboratories (BOM:506919), the current E10 is ₹3.43 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 Makers Laboratories (BOM:506919) Overvalued in 2026?

Based on GuruFocus' analysis, Makers Laboratories stock appears to be undervalued. The current stock price of ₹151.50 is trading 13.2% below its estimated GF Value™ of ₹174.61. GuruFocus considers Makers Laboratories to be Modestly Undervalued.

Key valuation signals for BOM:506919:

  • E10: ₹3.43
  • GF Value™: ₹174.61 vs. price of ₹151.50 (13.2% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the BOM:506919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makers Laboratories Business Description

Address 54-D, Kandivli Industrial Estate, Charkop, Kandivali (West), Mumbai, MH, IND, 400067
Makers Laboratories Ltd is an India-based pharmaceutical company. The company is engaged in the manufacturing and marketing of pharmaceutical products. The company's product portfolio includes Duramol (Paracetamol), Artemak-AB, Loroquin (Chloroquine), Nimuwin (Nimuselide), Coffwin (Anti-Cough Range), and Exylin (Amoxycillin range), among others. The reportable segment of the company is the Pharmaceutical segment.
66GF Score

Get the complete analysis for BOM:506919

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

₹151.50
Price
₹174.61
GF Value