DCM Shriram (BOM:523367) E10: ₹58.65 (As of Mar. 2026)


BOM:523367 DCM Shriram Ltd BOM:523367
68 GF Score
Price ₹1,014.45
GF Value ₹1,245.73
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is DCM Shriram E10?

DCM Shriram BOM:523367 +0.76% 68 E10 is ₹58.65 as of Mar. 2026. GuruFocus rates BOM:523367 with a GF Score™ of 68/100 and a GF Value™ of ₹1,245.73 (Modestly Undervalued). The stock has 4 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.

DCM Shriram's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹23.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹58.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, DCM Shriram's average E10 Growth Rate was 8.90% per year. During the past 3 years, the average E10 Growth Rate was 6.70% per year. During the past 5 years, the average E10 Growth Rate was 9.90% 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 DCM Shriram was 13.80% per year. The lowest was 6.70% per year. And the median was 10.55% per year.

As of today (2026-07-01), DCM Shriram's current stock price is ₹1014.45. DCM Shriram's E10 for the quarter that ended in Mar. 2026 was ₹58.65. DCM Shriram's Shiller PE Ratio of today is 17.30.

During the past 13 years, the highest Shiller PE Ratio of DCM Shriram was 32.60. The lowest was 6.21. And the median was 19.74.


DCM Shriram  (BOM:523367) 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.

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

Shiller PE Ratio=Share Price/E10
=1014.45/58.65
=17.30

* 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 DCM Shriram was 32.60. The lowest was 6.21. And the median was 19.74.


Be Aware

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


DCM Shriram E10 Related Terms


DCM Shriram E10 Historical Data

* Premium members only.

The historical data trend for DCM Shriram'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.

DCM Shriram E10 Chart

DCM Shriram 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 42.01 48.22 50.64 53.85 58.65

DCM Shriram 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 53.85 54.10 55.37 56.47 58.65

BOM:523367 vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, DCM Shriram'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.


DCM Shriram Shiller PE Ratio vs Conglomerates Industry

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

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


BOM:523367
68GF Score
DCM Shriram Ltd BOM:523367
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DCM Shriram 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, DCM Shriram'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)
=23.71/164.2724*164.2724
=23.710

Current CPI (Mar. 2026) = 164.2724.

DCM Shriram Quarterly Data

per share eps CPI Adj_EPS
201606 10.290 105.961 15.953
201609 5.630 105.961 8.728
201612 8.410 105.196 13.133
201703 9.630 105.196 15.038
201706 14.370 107.109 22.039
201709 10.590 109.021 15.957
201712 13.140 109.404 19.730
201803 3.120 109.786 4.668
201806 13.440 111.317 19.834
201809 10.560 115.142 15.066
201812 14.420 115.142 20.573
201903 18.670 118.202 25.947
201906 14.180 120.880 19.270
201909 7.630 123.175 10.176
201912 11.250 126.235 14.640
202003 12.910 124.705 17.006
202006 4.430 127.000 5.730
202009 7.630 130.118 9.633
202012 16.250 130.889 20.395
202103 14.850 131.771 18.513
202106 10.120 134.084 12.398
202109 10.160 135.847 12.286
202112 22.430 138.161 26.669
202203 25.730 138.822 30.447
202206 16.290 142.347 18.799
202209 8.220 144.661 9.334
202212 21.940 145.763 24.726
202303 11.970 146.865 13.389
202306 3.630 150.280 3.968
202309 2.070 151.492 2.245
202312 15.420 152.924 16.564
202403 7.550 153.035 8.104
202406 6.430 155.789 6.780
202409 4.040 157.882 4.204
202412 16.810 158.323 17.442
202503 11.470 157.552 11.959
202506 7.270 159.755 7.476
202509 10.140 162.289 10.264
202512 13.590 163.281 13.673
202603 23.710 164.272 23.710

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 ₹58.65 mean?
DCM Shriram (BOM:523367) has a E10 of ₹58.65 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DCM Shriram and its competitors.
Is DCM Shriram's E10 too high?
DCM Shriram's current E10 is ₹58.65. Overall, DCM Shriram has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DCM Shriram's E10 compare to HON and MMM?
DCM Shriram's E10 of ₹58.65 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 DCM Shriram and its competitors. DCM Shriram's current E10 is ₹58.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCM Shriram stock overvalued right now?
Based on GuruFocus' analysis, DCM Shriram (BOM:523367) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,245.73, compared to a current price of ₹1,014.45 — trading 18.6% below its estimated fair value. The current E10 is ₹58.65. DCM Shriram's overall GF Score™ is 68/100 with 4 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 DCM Shriram (BOM:523367), the current E10 is ₹58.65 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 DCM Shriram (BOM:523367) Overvalued in 2026?

Based on GuruFocus' analysis, DCM Shriram stock appears to be undervalued. The current stock price of ₹1,014.45 is trading 18.6% below its estimated GF Value™ of ₹1,245.73. GuruFocus considers DCM Shriram to be Modestly Undervalued.

Key valuation signals for BOM:523367:

  • E10: ₹58.65
  • GF Value™: ₹1,245.73 vs. price of ₹1,014.45 (18.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the BOM:523367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DCM Shriram Business Description

Other Exchanges DCMSHRIRAM:India
Address Aerocity, 2 Floor (West Wing), World Mark-1, New Delhi, IND, 110037
DCM Shriram Ltd is an Indian conglomerate company which comprises of Agri-Rural, Chlor-Vinyl and value-added businesses. The company's business activities include the manufacture of fertilisers and pesticides, basic inorganic chemicals N.E.C and refining sugar. The company produces Urea & SSP fertilisers, sugar, farm inputs such as DAP, caustic soda, chlorine, calcium carbide, PVC resins, PVC compounds, power, and cement. Its Agri-input business produces hybrid seeds, pesticides, Bulk fertilizers, micro-nutrients and other value-added inputs. In addition, company engaged in research, production, processing, extension activities and marketing. The company manages its business in six segments; Fertilisers, Chloro-Vinyl, Shriram Farm solution, Bioseed, Sugar, and others.
68GF Score

Get the complete analysis for BOM:523367

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

₹1,014.45
Price
₹1,245.73
GF Value