Waterbase (BOM:523660) E10: ₹2.32 (As of Mar. 2026)


BOM:523660 Waterbase Ltd BOM:523660
58 GF Score
Price ₹43.43
GF Value ₹79.87
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Waterbase E10?

Waterbase BOM:523660 -3.23% 58 E10 is ₹2.32 as of Mar. 2026. GuruFocus rates BOM:523660 with a GF Score™ of 58/100 and a GF Value™ of ₹79.87 (Significantly Undervalued). The stock has 2 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.

Waterbase's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Waterbase's average E10 Growth Rate was -12.80% per year. During the past 3 years, the average E10 Growth Rate was -21.50% per year. During the past 5 years, the average E10 Growth Rate was -15.90% 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 Waterbase was -9.10% per year. The lowest was -21.50% per year. And the median was -19.00% per year.

As of today (2026-07-09), Waterbase's current stock price is ₹43.43. Waterbase's E10 for the quarter that ended in Mar. 2026 was ₹2.32. Waterbase's Shiller PE Ratio of today is 18.72.

During the past 13 years, the highest Shiller PE Ratio of Waterbase was 27.71. The lowest was 11.99. And the median was 19.86.


Waterbase  (BOM:523660) 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.

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

Shiller PE Ratio=Share Price/E10
=43.43/2.32
=18.72

* 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 Waterbase was 27.71. The lowest was 11.99. And the median was 19.86.


Be Aware

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


Waterbase E10 Related Terms


Waterbase E10 Historical Data

* Premium members only.

The historical data trend for Waterbase'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.

Waterbase E10 Chart

Waterbase 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 5.00 4.79 3.82 2.66 2.32

Waterbase 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 2.66 2.29 1.93 2.34 2.32

BOM:523660 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Waterbase'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.


Waterbase Shiller PE Ratio vs Consumer Packaged Goods Industry

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

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


BOM:523660
58GF Score
Waterbase Ltd BOM:523660
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waterbase 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, Waterbase'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)
=-0.81/164.2724*164.2724
=-0.810

Current CPI (Mar. 2026) = 164.2724.

Waterbase Quarterly Data

per share eps CPI Adj_EPS
201606 2.330 105.961 3.612
201609 0.670 105.961 1.039
201612 -0.340 105.196 -0.531
201703 0.690 105.196 1.077
201706 3.460 107.109 5.307
201709 2.360 109.021 3.556
201712 0.840 109.404 1.261
201803 0.600 109.786 0.898
201806 4.270 111.317 6.301
201809 2.120 115.142 3.025
201812 0.710 115.142 1.013
201903 0.350 118.202 0.486
201906 2.750 120.880 3.737
201909 2.150 123.175 2.867
201912 0.180 126.235 0.234
202003 -0.620 124.705 -0.817
202006 1.180 127.000 1.526
202009 1.050 130.118 1.326
202012 -0.170 130.889 -0.213
202103 -0.630 131.771 -0.785
202106 1.840 134.084 2.254
202109 0.040 135.847 0.048
202112 -0.360 138.161 -0.428
202203 -1.500 138.822 -1.775
202206 0.150 142.347 0.173
202209 0.050 144.661 0.057
202212 -0.580 145.763 -0.654
202303 -0.460 146.865 -0.515
202306 0.220 150.280 0.240
202309 -0.590 151.492 -0.640
202312 -1.000 152.924 -1.074
202403 -1.150 153.035 -1.234
202406 -1.530 155.789 -1.613
202409 -0.600 157.882 -0.624
202412 -0.940 158.323 -0.975
202503 -1.310 157.552 -1.366
202506 -0.790 159.755 -0.812
202509 -1.310 162.289 -1.326
202512 -0.630 163.281 -0.634
202603 -0.810 164.272 -0.810

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 ₹2.32 mean?
Waterbase (BOM:523660) has a E10 of ₹2.32 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Waterbase and its competitors.
Is Waterbase's E10 too high?
Waterbase's current E10 is ₹2.32. Overall, Waterbase has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waterbase's E10 compare to KHC and GIS?
Waterbase's E10 of ₹2.32 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 Waterbase and its competitors. Waterbase's current E10 is ₹2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterbase stock overvalued right now?
Based on GuruFocus' analysis, Waterbase (BOM:523660) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹79.87, compared to a current price of ₹43.43 — trading 45.6% below its estimated fair value. The current E10 is ₹2.32. Waterbase's overall GF Score™ is 58/100 with 2 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 Waterbase (BOM:523660), the current E10 is ₹2.32 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 Waterbase (BOM:523660) Overvalued in 2026?

Based on GuruFocus' analysis, Waterbase stock appears to be undervalued. The current stock price of ₹43.43 is trading 45.6% below its estimated GF Value™ of ₹79.87. GuruFocus considers Waterbase to be Significantly Undervalued.

Key valuation signals for BOM:523660:

  • E10: ₹2.32
  • GF Value™: ₹79.87 vs. price of ₹43.43 (45.6% below fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the BOM:523660 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waterbase Business Description

Address No. 37, Montieth Road, Thapar House, Egmore, Chennai, TN, IND, 600 008
Waterbase Ltd is engaged in the aquaculture business. The company is involved in Shrimp Feeds, Processed Shrimp, Shrimp Hatchery, and others. It generates the majority of its revenue from the Processed Shrimp.
58GF Score

Get the complete analysis for BOM:523660

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

₹43.43
Price
₹79.87
GF Value