Sarup Industries (BOM:514412) E10: ₹-9.58 (As of Mar. 2026)

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BOM:514412 Sarup Industries Ltd BOM:514412
48 GF Score
Price ₹131.10
GF Value ₹94.13
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sarup Industries E10?

Sarup Industries BOM:514412 +0.77% 48 E10 is ₹-9.58 as of Mar. 2026. GuruFocus rates BOM:514412 with a GF Score™ of 48/100 and a GF Value™ of ₹94.13 (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.

Sarup Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-9.58 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -2.00% per year. During the past 5 years, the average E10 Growth Rate was -10.20% 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 Sarup Industries was -2.00% per year. The lowest was -19.90% per year. And the median was -12.70% per year.

As of today (2026-08-10), Sarup Industries's current stock price is ₹131.10. Sarup Industries's E10 for the quarter that ended in Mar. 2026 was ₹-9.58. Sarup Industries's Shiller PE Ratio of today is .


Sarup Industries  (BOM:514412) 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.


Be Aware

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


Sarup Industries E10 Related Terms


Sarup Industries E10 Historical Data

* Premium members only.

The historical data trend for Sarup Industries'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.

Sarup Industries E10 Chart

Sarup Industries 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 -7.39 -9.04 -10.71 -10.59 -9.58

Sarup Industries 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 -10.59 -10.77 -10.99 -10.11 -9.58

BOM:514412 vs NKE, DECK, ONON: E10 Comparison

For the Footwear & Accessories subindustry, Sarup Industries'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.


Sarup Industries Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sarup Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sarup Industries's Shiller PE Ratio falls into.


BOM:514412
48GF Score
Sarup Industries Ltd BOM:514412
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sarup Industries 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, Sarup Industries'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)
=0.84/164.2724*164.2724
=0.840

Current CPI (Mar. 2026) = 164.2724.

Sarup Industries Quarterly Data

per share eps CPI Adj_EPS
201606 0.500 105.961 0.775
201609 0.540 105.961 0.837
201612 0.230 105.196 0.359
201703 0.400 105.196 0.625
201706 -2.540 107.109 -3.896
201709 0.612 109.021 0.922
201712 0.190 109.404 0.285
201803 -6.888 109.786 -10.306
201806 -7.740 111.317 -11.422
201809 -6.800 115.142 -9.702
201812 -7.000 115.142 -9.987
201903 -6.590 118.202 -9.159
201906 -1.170 120.880 -1.590
201909 -5.700 123.175 -7.602
201912 -7.160 126.235 -9.317
202003 -3.040 124.705 -4.005
202006 -2.760 127.000 -3.570
202009 -3.680 130.118 -4.646
202012 -4.490 130.889 -5.635
202103 -2.440 131.771 -3.042
202106 -2.910 134.084 -3.565
202109 -0.930 135.847 -1.125
202112 -0.610 138.161 -0.725
202203 -2.200 138.822 -2.603
202206 0.130 142.347 0.150
202209 -2.130 144.661 -2.419
202212 -1.480 145.763 -1.668
202303 -4.190 146.865 -4.687
202306 -3.480 150.280 -3.804
202309 -2.650 151.492 -2.874
202312 0.130 152.924 0.140
202403 0.340 153.035 0.365
202406 0.160 155.789 0.169
202409 12.870 157.882 13.391
202412 0.390 158.323 0.405
202503 1.310 157.552 1.366
202506 0.360 159.755 0.370
202509 0.390 162.289 0.395
202512 0.170 163.281 0.171
202603 0.840 164.272 0.840

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 ₹-9.58 mean?
Sarup Industries (BOM:514412) has a E10 of ₹-9.58 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sarup Industries and its competitors.
Is Sarup Industries' E10 too high?
Sarup Industries' current E10 is ₹-9.58. Overall, Sarup Industries has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sarup Industries' E10 compare to NKE and DECK?
Sarup Industries' E10 of ₹-9.58 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Sarup Industries and its competitors. Sarup Industries's current E10 is ₹-9.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarup Industries stock overvalued right now?
Based on GuruFocus' analysis, Sarup Industries (BOM:514412) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹94.13, compared to a current price of ₹131.10 — trading 39.3% above its estimated fair value. The current E10 is ₹-9.58. Sarup Industries' overall GF Score™ is 48/100 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 Sarup Industries (BOM:514412), the current E10 is ₹-9.58 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 Sarup Industries (BOM:514412) Overvalued in 2026?

Based on GuruFocus' analysis, Sarup Industries stock appears to be overvalued. The current stock price of ₹131.10 is trading 39.3% above its estimated GF Value™ of ₹94.13. GuruFocus considers Sarup Industries to be Significantly Overvalued.

Key valuation signals for BOM:514412:

  • E10: ₹-9.58
  • GF Value™: ₹94.13 vs. price of ₹131.10 (39.3% above fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the BOM:514412 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sarup Industries Business Description

Address P O Ramdaspura, Jalandhar, PB, IND, 144003
Sarup Industries Ltd is an Indian firm engaged in the manufacture of footwear. The business operates in a single segment which is the manufacturing of shoe and shoe uppers. It is involved in the business of leather, tanneries, uppers, soles, and complete shoes. It offers various collections for men and women which includes JGM-131, JGM-133, JGM-138, JGM-139, etc. whereas women's collection includes JLL-101, JLL-102, JLL-105 etc.
48GF Score

Get the complete analysis for BOM:514412

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

₹131.10
Price
₹94.13
GF Value