Balmer Lawrie (BOM:523319) E10: ₹13.83 (As of Mar. 2026)


BOM:523319 Balmer Lawrie & Co Ltd BOM:523319
81 GF Score
Price ₹182.45
GF Value ₹231.11
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Balmer Lawrie E10?

Balmer Lawrie BOM:523319 +0.22% 81 E10 is ₹13.83 as of Mar. 2026. GuruFocus rates BOM:523319 with a GF Score™ of 81/100 and a GF Value™ of ₹231.11 (Modestly Undervalued). The stock has 3 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.

Balmer Lawrie's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹4.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹13.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Balmer Lawrie's average E10 Growth Rate was 6.70% 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.

As of today (2026-07-06), Balmer Lawrie's current stock price is ₹182.45. Balmer Lawrie's E10 for the quarter that ended in Mar. 2026 was ₹13.83. Balmer Lawrie's Shiller PE Ratio of today is 13.19.

During the past 13 years, the highest Shiller PE Ratio of Balmer Lawrie was 25.45. The lowest was 11.53. And the median was 15.74.


Balmer Lawrie  (BOM:523319) 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.

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

Shiller PE Ratio=Share Price/E10
=182.45/13.83
=13.19

* 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 Balmer Lawrie was 25.45. The lowest was 11.53. And the median was 15.74.


Be Aware

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


Balmer Lawrie E10 Related Terms


Balmer Lawrie E10 Historical Data

* Premium members only.

The historical data trend for Balmer Lawrie'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.

Balmer Lawrie E10 Chart

Balmer Lawrie 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 0.00 0.00 12.23 12.96 13.83

Balmer Lawrie 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 12.96 13.24 13.44 13.58 13.83

BOM:523319 vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Balmer Lawrie'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.


Balmer Lawrie Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Balmer Lawrie's Shiller PE Ratio distribution charts can be found below:

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


BOM:523319
81GF Score
Balmer Lawrie & Co Ltd BOM:523319
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balmer Lawrie 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, Balmer Lawrie'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)
=4.95/164.2724*164.2724
=4.950

Current CPI (Mar. 2026) = 164.2724.

Balmer Lawrie Quarterly Data

per share eps CPI Adj_EPS
201212 1.895 83.774 3.716
201303 3.131 85.687 6.003
201312 1.278 91.425 2.296
201403 4.093 91.425 7.354
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 2.275 111.317 3.357
201809 1.573 115.142 2.244
201812 2.290 115.142 3.267
201903 4.420 118.202 6.143
201906 1.870 120.880 2.541
201909 2.280 123.175 3.041
201912 2.520 126.235 3.279
202003 2.760 124.705 3.636
202006 -0.230 127.000 -0.298
202009 1.730 130.118 2.184
202012 1.130 130.889 1.418
202103 4.400 131.771 5.485
202106 2.150 134.084 2.634
202109 1.580 135.847 1.911
202112 1.580 138.161 1.879
202203 2.740 138.822 3.242
202206 3.280 142.347 3.785
202209 2.060 144.661 2.339
202212 2.100 145.763 2.367
202303 2.610 146.865 2.919
202306 3.350 150.280 3.662
202309 3.740 151.492 4.056
202312 3.890 152.924 4.179
202403 3.040 153.035 3.263
202406 3.730 155.789 3.933
202409 3.660 157.882 3.808
202412 3.770 158.323 3.912
202503 4.390 157.552 4.577
202506 4.030 159.755 4.144
202509 3.310 162.289 3.350
202512 3.890 163.281 3.914
202603 4.950 164.272 4.950

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 ₹13.83 mean?
Balmer Lawrie (BOM:523319) has a E10 of ₹13.83 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Balmer Lawrie and its competitors.
Is Balmer Lawrie's E10 too high?
Balmer Lawrie's current E10 is ₹13.83. Overall, Balmer Lawrie has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balmer Lawrie's E10 compare to HON and MMM?
Balmer Lawrie's E10 of ₹13.83 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Balmer Lawrie and its competitors. Balmer Lawrie's current E10 is ₹13.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balmer Lawrie stock overvalued right now?
Based on GuruFocus' analysis, Balmer Lawrie (BOM:523319) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹231.11, compared to a current price of ₹182.45 — trading 21.1% below its estimated fair value. The current E10 is ₹13.83. Balmer Lawrie's overall GF Score™ is 81/100 with 3 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 Balmer Lawrie (BOM:523319), the current E10 is ₹13.83 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 Balmer Lawrie (BOM:523319) Overvalued in 2026?

Based on GuruFocus' analysis, Balmer Lawrie stock appears to be undervalued. The current stock price of ₹182.45 is trading 21.1% below its estimated GF Value™ of ₹231.11. GuruFocus considers Balmer Lawrie to be Modestly Undervalued.

Key valuation signals for BOM:523319:

  • E10: ₹13.83
  • GF Value™: ₹231.11 vs. price of ₹182.45 (21.1% below fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the BOM:523319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balmer Lawrie Business Description

Other Exchanges BALMLAWRIE:India
Address 21, Netaji Subhas Road, Kolkata, WB, IND, 700001
Balmer Lawrie & Co Ltd operates through various segments namely Industrial Packaging, Logistics Infrastructure, Logistic Services, Travel and Vacations, Greases and Lubricants, and Others. The company generates a majority of its revenue from the Industrial Packaging segment followed by the Greases and Lubricants segment.
81GF Score

Get the complete analysis for BOM:523319

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

₹182.45
Price
₹231.11
GF Value