KSE (BOM:519421) E10: ₹15.93 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:519421 KSE Ltd BOM:519421
62 GF Score
Price ₹186.65
GF Value ₹212.10
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is KSE E10?

KSE BOM:519421 +1.58% 62 E10 is ₹15.93 as of Mar. 2026. GuruFocus rates BOM:519421 with a GF Score™ of 62/100 and a GF Value™ of ₹212.10 (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.

KSE's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-1.167. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹15.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, KSE's average E10 Growth Rate was 21.80% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 5.50% 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 KSE was 10.40% per year. The lowest was 0.50% per year. And the median was 4.40% per year.

As of today (2026-07-19), KSE's current stock price is ₹186.65. KSE's E10 for the quarter that ended in Mar. 2026 was ₹15.93. KSE's Shiller PE Ratio of today is 11.72.

During the past 13 years, the highest Shiller PE Ratio of KSE was 25.59. The lowest was 11.34. And the median was 16.52.


KSE  (BOM:519421) 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.

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

Shiller PE Ratio=Share Price/E10
=186.65/15.93
=11.72

* 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 KSE was 25.59. The lowest was 11.34. And the median was 16.52.


Be Aware

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


KSE E10 Related Terms


KSE E10 Historical Data

* Premium members only.

The historical data trend for KSE'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.

KSE E10 Chart

KSE 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 11.50 11.85 12.09 13.08 15.93

KSE 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 13.08 14.36 15.52 16.10 15.93

BOM:519421 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, KSE'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.


KSE Shiller PE Ratio vs Consumer Packaged Goods Industry

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

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


BOM:519421
62GF Score
KSE Ltd BOM:519421
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KSE 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, KSE'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)
=-1.167/164.2724*164.2724
=-1.167

Current CPI (Mar. 2026) = 164.2724.

KSE Quarterly Data

per share eps CPI Adj_EPS
201606 0.194 105.961 0.301
201609 -0.580 105.961 -0.899
201612 0.017 105.196 0.027
201703 3.827 105.196 5.976
201706 3.001 107.109 4.603
201709 5.493 109.021 8.277
201712 6.771 109.404 10.167
201803 6.767 109.786 10.125
201806 4.575 111.317 6.751
201809 2.635 115.142 3.759
201812 -2.960 115.142 -4.223
201903 -1.304 118.202 -1.812
201906 -3.946 120.880 -5.363
201909 1.251 123.175 1.668
201912 2.785 126.235 3.624
202003 5.816 124.705 7.661
202006 8.290 127.000 10.723
202009 7.871 130.118 9.937
202012 9.158 130.889 11.494
202103 9.972 131.771 12.432
202106 1.744 134.084 2.137
202109 -1.638 135.847 -1.981
202112 0.023 138.161 0.027
202203 1.925 138.822 2.278
202206 -0.720 142.347 -0.831
202209 1.329 144.661 1.509
202212 -0.230 145.763 -0.259
202303 -1.123 146.865 -1.256
202306 -0.329 150.280 -0.360
202309 -0.442 151.492 -0.479
202312 0.359 152.924 0.386
202403 5.915 153.035 6.349
202406 5.740 155.789 6.053
202409 5.354 157.882 5.571
202412 6.567 158.323 6.814
202503 10.872 157.552 11.336
202506 12.048 159.755 12.389
202509 10.272 162.289 10.398
202512 5.109 163.281 5.140
202603 -1.167 164.272 -1.167

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 ₹15.93 mean?
KSE (BOM:519421) has a E10 of ₹15.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KSE and its competitors.
Is KSE's E10 too high?
KSE's current E10 is ₹15.93. Overall, KSE has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KSE's E10 compare to KHC and GIS?
KSE's E10 of ₹15.93 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 KSE and its competitors. KSE's current E10 is ₹15.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSE stock overvalued right now?
Based on GuruFocus' analysis, KSE (BOM:519421) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹212.10, compared to a current price of ₹186.65 — trading 12% below its estimated fair value. The current E10 is ₹15.93. KSE's overall GF Score™ is 62/100 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 KSE (BOM:519421), the current E10 is ₹15.93 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 KSE (BOM:519421) Overvalued in 2026?

Based on GuruFocus' analysis, KSE stock appears to be undervalued. The current stock price of ₹186.65 is trading 12% below its estimated GF Value™ of ₹212.10. GuruFocus considers KSE to be Modestly Undervalued.

Key valuation signals for BOM:519421:

  • E10: ₹15.93
  • GF Value™: ₹212.10 vs. price of ₹186.65 (12% below fair value)
  • GF Score™: 62/100 with 1 warning sign

No single metric tells the full story. See the BOM:519421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KSE Business Description

Address Solvent Road, No. 27/277, Post Box No. 20, Irinjalakuda, Thrissur, KL, IND, 680 121
KSE Ltd is engaged in the manufacturing of compound cattle feed. The company's operating segment includes Animal Feed, Oil Cake Processing, and Dairy. It generates maximum revenue from the Animal Feed segment. The product division of the company consists of cattle feeds, coconut oil, Dairy products, and ice cream.
62GF Score

Get the complete analysis for BOM:519421

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

₹186.65
Price
₹212.10
GF Value