SIP Industries (BOM:523164) E10: ₹-0.85 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:523164 SIP Industries Ltd BOM:523164
20 GF Score
Price ₹6.01
View Full Analysis

What is SIP Industries E10?

SIP Industries BOM:523164 20 E10 is ₹-0.85 as of Mar. 2026. GuruFocus rates BOM:523164 with a GF Score™ of 20/100.

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.

SIP Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.85 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-31), SIP Industries's current stock price is ₹6.01. SIP Industries's E10 for the quarter that ended in Mar. 2026 was ₹-0.85. SIP Industries's Shiller PE Ratio of today is .


SIP Industries  (BOM:523164) 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.


SIP Industries E10 Related Terms


SIP Industries E10 Historical Data

* Premium members only.

The historical data trend for SIP 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.

SIP Industries E10 Chart

SIP Industries Annual Data
Trend Sep13 Sep14 Sep15 Mar17 Mar18 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.98 -0.95 -0.85

SIP Industries Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar22 Jun22 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 -0.95 -0.90 -1.00 -0.90 -0.85

SIP Industries E10 Competitor Comparison

For the Farm Products subindustry, SIP 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.


SIP Industries Shiller PE Ratio vs Consumer Packaged Goods Industry

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

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


BOM:523164
20GF Score
SIP Industries Ltd BOM:523164
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SIP 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, SIP 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)
=-0.13/164.2724*164.2724
=-0.130

Current CPI (Mar. 2026) = 164.2724.

SIP Industries Quarterly Data

per share eps CPI Adj_EPS
201212 -0.310 83.774 -0.608
201303 -0.260 85.687 -0.498
201306 -0.280 88.365 -0.521
201309 -0.354 91.042 -0.639
201312 -0.250 91.425 -0.449
201403 -0.260 91.425 -0.467
201406 -0.150 94.103 -0.262
201409 -0.002 96.780 -0.003
201412 -0.090 96.780 -0.153
201503 1.250 97.163 2.113
201506 -0.140 99.841 -0.230
201509 -0.012 101.753 -0.019
201512 -0.060 102.901 -0.096
201606 -0.080 105.961 -0.124
201609 -0.080 105.961 -0.124
201612 -0.060 105.196 -0.094
201703 -0.100 105.196 -0.156
201706 -0.050 107.109 -0.077
201709 -0.090 109.021 -0.136
201712 -0.150 109.404 -0.225
201803 -0.070 109.786 -0.105
201806 -1.230 111.317 -1.815
201809 -0.170 115.142 -0.243
201812 -0.070 115.142 -0.100
202203 0.000 138.822 0.000
202206 0.000 142.347 0.000
202212 0.000 145.763 0.000
202303 -0.141 146.865 -0.158
202306 -0.030 150.280 -0.033
202309 -0.040 151.492 -0.043
202312 -0.170 152.924 -0.183
202403 -0.370 153.035 -0.397
202406 -0.100 155.789 -0.105
202409 -0.140 157.882 -0.146
202412 -0.050 158.323 -0.052
202503 -0.170 157.552 -0.177
202506 -0.120 159.755 -0.123
202509 -1.150 162.289 -1.164
202512 -0.140 163.281 -0.141
202603 -0.130 164.272 -0.130

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 ₹-0.85 mean?
SIP Industries (BOM:523164) has a E10 of ₹-0.85 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SIP Industries and its competitors.
Is SIP Industries' E10 too high?
SIP Industries' current E10 is ₹-0.85. Overall, SIP Industries has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does SIP Industries' E10 compare to competitors?
SIP Industries' E10 of ₹-0.85 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 SIP Industries and its competitors. SIP Industries's current E10 is ₹-0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIP Industries stock overvalued right now?
SIP Industries (BOM:523164) has a current E10 of ₹-0.85. The current E10 is ₹-0.85. SIP Industries' overall GF Score™ is 20/100. 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 SIP Industries (BOM:523164), the current E10 is ₹-0.85 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.

SIP Industries Business Description

Address Module No.28, SIDCO Electronic Complex, Block 1, 2nd Floor, Thiru-Vi-Ka Industrial Estate, Chennai, TN, IND, 600032
SIP Industries Ltd is engaged in Agriculture, Aquaculture, Horticulture, Floriculture, Sericulture, Tissue culture. It manufacture, sell products related to such business, such as Bio fertilizers, Bio pesticides, Bio fungicides, Bio tonics, Feed Supplements, Pond Stabilizer, Vibrio Control and such other products.
20GF Score

Get the complete analysis for BOM:523164

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

₹6.01
Price