Modi Naturals (BOM:519003) E10: ₹8.79 (As of Mar. 2026)

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BOM:519003 Modi Naturals Ltd BOM:519003
80 GF Score
Price ₹408.40
GF Value ₹452.97
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Modi Naturals E10?

Modi Naturals BOM:519003 +4.18% 80 E10 is ₹8.79 as of Mar. 2026. GuruFocus rates BOM:519003 with a GF Score™ of 80/100 and a GF Value™ of ₹452.97 (Modestly Undervalued). 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.

Modi Naturals's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹15.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Modi Naturals's average E10 Growth Rate was 59.00% per year. During the past 3 years, the average E10 Growth Rate was 39.00% per year. During the past 5 years, the average E10 Growth Rate was 24.90% 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 Modi Naturals was 39.00% per year. The lowest was 7.90% per year. And the median was 18.70% per year.

As of today (2026-08-01), Modi Naturals's current stock price is ₹408.40. Modi Naturals's E10 for the quarter that ended in Mar. 2026 was ₹8.79. Modi Naturals's Shiller PE Ratio of today is 46.46.

During the past 13 years, the highest Shiller PE Ratio of Modi Naturals was 136.46. The lowest was 25.27. And the median was 62.45.


Modi Naturals  (BOM:519003) 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.

Modi Naturals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=408.40/8.79
=46.46

* 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 Modi Naturals was 136.46. The lowest was 25.27. And the median was 62.45.


Be Aware

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


Modi Naturals E10 Related Terms


Modi Naturals E10 Historical Data

* Premium members only.

The historical data trend for Modi Naturals'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.

Modi Naturals E10 Chart

Modi Naturals 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 3.31 3.27 3.15 5.53 8.79

Modi Naturals 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 5.53 6.39 7.12 7.58 8.79

BOM:519003 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Modi Naturals'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.


Modi Naturals Shiller PE Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Modi Naturals's Shiller PE Ratio falls into.


BOM:519003
80GF Score
Modi Naturals Ltd BOM:519003
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modi Naturals 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, Modi Naturals'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)
=15/164.2724*164.2724
=15.000

Current CPI (Mar. 2026) = 164.2724.

Modi Naturals Quarterly Data

per share eps CPI Adj_EPS
201606 0.180 105.961 0.279
201609 0.017 105.961 0.026
201612 0.021 105.196 0.033
201703 -0.210 105.196 -0.328
201706 -0.361 107.109 -0.554
201709 -1.560 109.021 -2.351
201712 -0.960 109.404 -1.441
201803 2.880 109.786 4.309
201806 0.347 111.317 0.512
201809 0.370 115.142 0.528
201812 0.512 115.142 0.730
201903 -0.481 118.202 -0.668
201906 0.360 120.880 0.489
201909 0.345 123.175 0.460
201912 0.244 126.235 0.318
202003 2.731 124.705 3.598
202006 0.650 127.000 0.841
202009 0.450 130.118 0.568
202012 1.287 130.889 1.615
202103 5.934 131.771 7.398
202106 2.900 134.084 3.553
202109 2.350 135.847 2.842
202112 1.850 138.161 2.200
202203 0.300 138.822 0.355
202206 2.060 142.347 2.377
202209 0.600 144.661 0.681
202212 0.010 145.763 0.011
202303 -1.816 146.865 -2.031
202306 0.630 150.280 0.689
202309 0.600 151.492 0.651
202312 -3.150 152.924 -3.384
202403 0.891 153.035 0.956
202406 5.610 155.789 5.915
202409 5.700 157.882 5.931
202412 5.880 158.323 6.101
202503 6.050 157.552 6.308
202506 7.870 159.755 8.093
202509 7.580 162.289 7.673
202512 7.560 163.281 7.606
202603 15.000 164.272 15.000

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 ₹8.79 mean?
Modi Naturals (BOM:519003) has a E10 of ₹8.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Modi Naturals and its competitors.
Is Modi Naturals' E10 too high?
Modi Naturals' current E10 is ₹8.79. Overall, Modi Naturals has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modi Naturals' E10 compare to KHC and GIS?
Modi Naturals' E10 of ₹8.79 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 Modi Naturals and its competitors. Modi Naturals's current E10 is ₹8.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modi Naturals stock overvalued right now?
Based on GuruFocus' analysis, Modi Naturals (BOM:519003) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹452.97, compared to a current price of ₹408.40 — trading 9.8% below its estimated fair value. The current E10 is ₹8.79. Modi Naturals' overall GF Score™ is 80/100 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 Modi Naturals (BOM:519003), the current E10 is ₹8.79 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 Modi Naturals (BOM:519003) Overvalued in 2026?

Based on GuruFocus' analysis, Modi Naturals stock appears to be undervalued. The current stock price of ₹408.40 is trading 9.8% below its estimated GF Value™ of ₹452.97. GuruFocus considers Modi Naturals to be Modestly Undervalued.

Key valuation signals for BOM:519003:

  • E10: ₹8.79
  • GF Value™: ₹452.97 vs. price of ₹408.40 (9.8% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the BOM:519003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modi Naturals Business Description

Other Exchanges MODINATUR:India
Address D-54, Okhla Industrial Area - Phase I, 2nd Floor, New Delhi, IND, 110020
Modi Naturals Ltd manufactures and markets edible oil and de-oiled cakes in India. The Company has organised the business into two segments viz. Branded Business and Bulk Business. The company offers consumer products and business-to-business (B2B) products. The Oleev brand includes olive oils and healthy oils. Its Rizolo brand offers rice bran oil. Miller brand provides low-absorption technology canola oil, its Pipo brand offers ready-to-cook flavored popcorn, and the Olivana Wellness brand offers massage oils. Its B2B products consist of rice bran oil, sunflower oil, mustard oil, rice bran wax, distilled fatty acids, de-oiled rice bran, and de-oiled sunflower cake. The company generates revenue from the sale of products, sale of packing, and other materials.
80GF Score

Get the complete analysis for BOM:519003

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

₹408.40
Price
₹452.97
GF Value