Haryana Leather Chemicals (BOM:524080) E10: ₹5.05 (As of Mar. 2026)


BOM:524080 Haryana Leather Chemicals Ltd BOM:524080
75 GF Score
Price ₹60.89
GF Value ₹77.68
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Haryana Leather Chemicals E10?

Haryana Leather Chemicals BOM:524080 -3.20% 75 E10 is ₹5.05 as of Mar. 2026. GuruFocus rates BOM:524080 with a GF Score™ of 75/100 and a GF Value™ of ₹77.68 (Modestly 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.

Haryana Leather Chemicals's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Haryana Leather Chemicals's average E10 Growth Rate was -1.00% per year. During the past 3 years, the average E10 Growth Rate was 1.20% per year. During the past 5 years, the average E10 Growth Rate was 1.30% 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 Haryana Leather Chemicals was 2.30% per year. The lowest was 1.20% per year. And the median was 1.40% per year.

As of today (2026-07-09), Haryana Leather Chemicals's current stock price is ₹60.89. Haryana Leather Chemicals's E10 for the quarter that ended in Mar. 2026 was ₹5.05. Haryana Leather Chemicals's Shiller PE Ratio of today is 12.06.

During the past 13 years, the highest Shiller PE Ratio of Haryana Leather Chemicals was 23.17. The lowest was 5.35. And the median was 10.17.


Haryana Leather Chemicals  (BOM:524080) 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.

Haryana Leather Chemicals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=60.89/5.05
=12.06

* 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 Haryana Leather Chemicals was 23.17. The lowest was 5.35. And the median was 10.17.


Be Aware

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


Haryana Leather Chemicals E10 Related Terms


Haryana Leather Chemicals E10 Historical Data

* Premium members only.

The historical data trend for Haryana Leather Chemicals'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.

Haryana Leather Chemicals E10 Chart

Haryana Leather Chemicals 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 4.76 4.87 5.03 5.10 5.05

Haryana Leather Chemicals 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 5.10 5.15 5.08 5.03 5.05

BOM:524080 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Haryana Leather Chemicals'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.


Haryana Leather Chemicals Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Haryana Leather Chemicals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Haryana Leather Chemicals's Shiller PE Ratio falls into.


BOM:524080
75GF Score
Haryana Leather Chemicals Ltd BOM:524080
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haryana Leather Chemicals 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, Haryana Leather Chemicals'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)
=0.79/164.2724*164.2724
=0.790

Current CPI (Mar. 2026) = 164.2724.

Haryana Leather Chemicals Quarterly Data

per share eps CPI Adj_EPS
201606 1.610 105.961 2.496
201609 0.750 105.961 1.163
201612 1.100 105.196 1.718
201703 0.940 105.196 1.468
201706 0.950 107.109 1.457
201709 0.730 109.021 1.100
201712 0.700 109.404 1.051
201803 1.140 109.786 1.706
201806 -2.600 111.317 -3.837
201809 0.800 115.142 1.141
201812 2.850 115.142 4.066
201903 1.232 118.202 1.712
201906 1.300 120.880 1.767
201909 1.040 123.175 1.387
201912 1.130 126.235 1.470
202003 0.900 124.705 1.186
202006 0.740 127.000 0.957
202009 0.800 130.118 1.010
202012 1.270 130.889 1.594
202103 0.450 131.771 0.561
202106 0.700 134.084 0.858
202109 -0.060 135.847 -0.073
202112 0.750 138.161 0.892
202203 1.290 138.822 1.526
202206 0.830 142.347 0.958
202209 1.860 144.661 2.112
202212 0.920 145.763 1.037
202303 1.180 146.865 1.320
202306 0.880 150.280 0.962
202309 0.560 151.492 0.607
202312 2.050 152.924 2.202
202403 4.840 153.035 5.195
202406 1.320 155.789 1.392
202409 0.310 157.882 0.323
202412 1.250 158.323 1.297
202503 0.810 157.552 0.845
202506 1.510 159.755 1.553
202509 0.360 162.289 0.364
202512 1.170 163.281 1.177
202603 0.790 164.272 0.790

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 ₹5.05 mean?
Haryana Leather Chemicals (BOM:524080) has a E10 of ₹5.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Haryana Leather Chemicals and its competitors.
Is Haryana Leather Chemicals' E10 too high?
Haryana Leather Chemicals' current E10 is ₹5.05. Overall, Haryana Leather Chemicals has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haryana Leather Chemicals' E10 compare to LIN and SHW?
Haryana Leather Chemicals' E10 of ₹5.05 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Haryana Leather Chemicals and its competitors. Haryana Leather Chemicals's current E10 is ₹5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haryana Leather Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Haryana Leather Chemicals (BOM:524080) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹77.68, compared to a current price of ₹60.89 — trading 21.6% below its estimated fair value. The current E10 is ₹5.05. Haryana Leather Chemicals' overall GF Score™ is 75/100 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 Haryana Leather Chemicals (BOM:524080), the current E10 is ₹5.05 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 Haryana Leather Chemicals (BOM:524080) Overvalued in 2026?

Based on GuruFocus' analysis, Haryana Leather Chemicals stock appears to be undervalued. The current stock price of ₹60.89 is trading 21.6% below its estimated GF Value™ of ₹77.68. GuruFocus considers Haryana Leather Chemicals to be Modestly Undervalued.

Key valuation signals for BOM:524080:

  • E10: ₹5.05
  • GF Value™: ₹77.68 vs. price of ₹60.89 (21.6% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the BOM:524080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haryana Leather Chemicals Business Description

Address 1405 - B, Signature Towers, South City - I, Gurugram, HR, IND, 122001
Haryana Leather Chemicals Ltd manufactures and sells specialty chemicals. The company's product profile includes Leather chemicals, PVC Additives, Textile Binders, Adhesives, Footwear Finishes, and others. It is in the business of manufacturing of leather chemicals which is the only reportable business segment.
75GF Score

Get the complete analysis for BOM:524080

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

₹60.89
Price
₹77.68
GF Value