Keerthi Industries (BOM:518011) E10: ₹2.83 (As of Mar. 2026)

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BOM:518011 Keerthi Industries Ltd BOM:518011
43 GF Score
Price ₹37.99
GF Value ₹50.49
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Keerthi Industries E10?

Keerthi Industries BOM:518011 -0.03% 43 E10 is ₹2.83 as of Mar. 2026. GuruFocus rates BOM:518011 with a GF Score™ of 43/100 and a GF Value™ of ₹50.49 (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.

Keerthi Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹9.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Keerthi Industries's average E10 Growth Rate was -60.40% per year. During the past 3 years, the average E10 Growth Rate was -34.50% per year. During the past 5 years, the average E10 Growth Rate was -2.30% 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 Keerthi Industries was 43.60% per year. The lowest was -34.50% per year. And the median was 11.60% per year.

As of today (2026-07-17), Keerthi Industries's current stock price is ₹37.99. Keerthi Industries's E10 for the quarter that ended in Mar. 2026 was ₹2.83. Keerthi Industries's Shiller PE Ratio of today is 13.42.

During the past 13 years, the highest Shiller PE Ratio of Keerthi Industries was 112.85. The lowest was 6.58. And the median was 17.64.


Keerthi Industries  (BOM:518011) 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.

Keerthi Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.99/2.83
=13.42

* 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 Keerthi Industries was 112.85. The lowest was 6.58. And the median was 17.64.


Be Aware

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


Keerthi Industries E10 Related Terms


Keerthi Industries E10 Historical Data

* Premium members only.

The historical data trend for Keerthi 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.

Keerthi Industries E10 Chart

Keerthi 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 5.14 10.05 12.61 7.15 2.83

Keerthi 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 7.15 4.11 2.20 0.62 2.83

BOM:518011 vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Keerthi 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.


Keerthi Industries Shiller PE Ratio vs Building Materials Industry

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

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


BOM:518011
43GF Score
Keerthi Industries Ltd BOM:518011
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keerthi 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, Keerthi 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)
=9.88/164.2724*164.2724
=9.880

Current CPI (Mar. 2026) = 164.2724.

Keerthi Industries Quarterly Data

per share eps CPI Adj_EPS
201606 -0.100 105.961 -0.155
201609 6.840 105.961 10.604
201612 6.570 105.196 10.260
201703 0.910 105.196 1.421
201706 6.630 107.109 10.168
201709 3.150 109.021 4.746
201712 -1.740 109.404 -2.613
201803 1.880 109.786 2.813
201806 1.026 111.317 1.514
201809 2.730 115.142 3.895
201812 -4.820 115.142 -6.877
201903 1.148 118.202 1.595
201906 8.420 120.880 11.443
201909 -3.650 123.175 -4.868
201912 -4.410 126.235 -5.739
202003 -0.750 124.705 -0.988
202006 5.570 127.000 7.205
202009 12.250 130.118 15.465
202012 6.870 130.889 8.622
202103 -0.664 131.771 -0.828
202106 9.560 134.084 11.712
202109 6.400 135.847 7.739
202112 4.910 138.161 5.838
202203 -1.310 138.822 -1.550
202206 2.260 142.347 2.608
202209 -3.210 144.661 -3.645
202212 -6.060 145.763 -6.830
202303 -2.300 146.865 -2.573
202306 -5.370 150.280 -5.870
202309 -7.300 151.492 -7.916
202312 -1.300 152.924 -1.396
202403 -5.600 153.035 -6.011
202406 -6.840 155.789 -7.212
202409 -5.630 157.882 -5.858
202412 -10.960 158.323 -11.372
202503 0.190 157.552 0.198
202506 -2.980 159.755 -3.064
202509 -6.780 162.289 -6.863
202512 -7.110 163.281 -7.153
202603 9.880 164.272 9.880

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 ₹2.83 mean?
Keerthi Industries (BOM:518011) has a E10 of ₹2.83 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Keerthi Industries and its competitors.
Is Keerthi Industries' E10 too high?
Keerthi Industries' current E10 is ₹2.83. Overall, Keerthi Industries has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Keerthi Industries' E10 compare to CRH and VMC?
Keerthi Industries' E10 of ₹2.83 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 Keerthi Industries and its competitors. Keerthi Industries's current E10 is ₹2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keerthi Industries stock overvalued right now?
Based on GuruFocus' analysis, Keerthi Industries (BOM:518011) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹50.49, compared to a current price of ₹37.99 — trading 24.8% below its estimated fair value. The current E10 is ₹2.83. Keerthi Industries' overall GF Score™ is 43/100 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 Keerthi Industries (BOM:518011), the current E10 is ₹2.83 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 Keerthi Industries (BOM:518011) Overvalued in 2026?

Based on GuruFocus' analysis, Keerthi Industries stock appears to be undervalued. The current stock price of ₹37.99 is trading 24.8% below its estimated GF Value™ of ₹50.49. GuruFocus considers Keerthi Industries to be Modestly Undervalued.

Key valuation signals for BOM:518011:

  • E10: ₹2.83
  • GF Value™: ₹50.49 vs. price of ₹37.99 (24.8% below fair value)
  • GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the BOM:518011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keerthi Industries Business Description

Address Plot Number 40, IDA, Balanagar, Hyderabad, AP, IND, 500037
Keerthi Industries Ltd is engaged in the manufacture and sale of cement and clinker in India. It also manufactures printed circuit boards. The company's segments include the Cement Division, Wind Mill, and Electronics Division. The majority of its revenue comes from the Cement segment. Geographically, the company derives its key revenue within India and the rest from the United States of America, Mexico, and Malaysia.
43GF Score

Get the complete analysis for BOM:518011

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

₹37.99
Price
₹50.49
GF Value