Span Divergent (BOM:524727) E10: ₹-0.59 (As of Mar. 2026)

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BOM:524727 Span Divergent Ltd BOM:524727
36 GF Score
Price ₹30.23
GF Value ₹25.90
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Span Divergent E10?

Span Divergent BOM:524727 -5.00% 36 E10 is ₹-0.59 as of Mar. 2026. GuruFocus rates BOM:524727 with a GF Score™ of 36/100 and a GF Value™ of ₹25.90 (Modestly Overvalued). 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.

Span Divergent's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-2.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.59 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 31.20% 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 Span Divergent was 31.20% per year. The lowest was 31.20% per year. And the median was 31.20% per year.

As of today (2026-08-04), Span Divergent's current stock price is ₹30.23. Span Divergent's E10 for the quarter that ended in Mar. 2026 was ₹-0.59. Span Divergent's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Span Divergent was 317.55. The lowest was 288.09. And the median was 303.91.


Span Divergent  (BOM:524727) 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.

During the past 13 years, the highest Shiller P/E Ratio of Span Divergent was 317.55. The lowest was 288.09. And the median was 303.91.


Be Aware

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


Span Divergent E10 Related Terms


Span Divergent E10 Historical Data

* Premium members only.

The historical data trend for Span Divergent'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.

Span Divergent E10 Chart

Span Divergent 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 -1.81 -1.77 -0.53 -0.59

Span Divergent 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 -0.53 -0.65 -0.21 0.11 -0.59

BOM:524727 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Span Divergent'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.


Span Divergent Shiller PE Ratio vs Consumer Packaged Goods Industry

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

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


BOM:524727
36GF Score
Span Divergent Ltd BOM:524727
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Span Divergent 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, Span Divergent'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)
=-2.02/164.2724*164.2724
=-2.020

Current CPI (Mar. 2026) = 164.2724.

Span Divergent Quarterly Data

per share eps CPI Adj_EPS
201412 -2.800 96.780 -4.753
201503 56.710 97.163 95.879
201506 0.190 99.841 0.313
201509 0.010 101.753 0.016
201512 10.550 102.901 16.842
201603 -3.340 102.518 -5.352
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 -7.830 111.317 -11.555
201809 -4.260 115.142 -6.078
201812 -5.938 115.142 -8.472
201903 -9.235 118.202 -12.834
201906 -5.810 120.880 -7.896
201909 -3.696 123.175 -4.929
201912 -2.033 126.235 -2.646
202003 -2.371 124.705 -3.123
202006 -2.030 127.000 -2.626
202009 -3.310 130.118 -4.179
202012 -2.183 130.889 -2.740
202103 -3.057 131.771 -3.811
202106 -1.440 134.084 -1.764
202109 0.600 135.847 0.726
202112 -0.740 138.161 -0.880
202203 -16.861 138.822 -19.952
202206 0.070 142.347 0.081
202209 -2.910 144.661 -3.305
202212 -0.237 145.763 -0.267
202303 -6.425 146.865 -7.187
202306 0.240 150.280 0.262
202309 -0.550 151.492 -0.596
202312 0.221 152.924 0.237
202403 1.689 153.035 1.813
202406 -0.160 155.789 -0.169
202409 0.090 157.882 0.094
202412 -0.279 158.323 -0.289
202503 -1.870 157.552 -1.950
202506 -0.310 159.755 -0.319
202509 -0.340 162.289 -0.344
202512 -1.781 163.281 -1.792
202603 -2.020 164.272 -2.020

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 ₹-0.59 mean?
Span Divergent (BOM:524727) has a E10 of ₹-0.59 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Span Divergent and its competitors.
Is Span Divergent's E10 too high?
Span Divergent's current E10 is ₹-0.59. Overall, Span Divergent has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Span Divergent's E10 compare to KHC and GIS?
Span Divergent's E10 of ₹-0.59 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 Span Divergent and its competitors. Span Divergent's current E10 is ₹-0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Span Divergent stock overvalued right now?
Based on GuruFocus' analysis, Span Divergent (BOM:524727) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹25.90, compared to a current price of ₹30.23 — trading 16.7% above its estimated fair value. The current E10 is ₹-0.59. Span Divergent's overall GF Score™ is 36/100 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 Span Divergent (BOM:524727), the current E10 is ₹-0.59 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 Span Divergent (BOM:524727) Overvalued in 2026?

Based on GuruFocus' analysis, Span Divergent stock appears to be overvalued. The current stock price of ₹30.23 is trading 16.7% above its estimated GF Value™ of ₹25.90. GuruFocus considers Span Divergent to be Modestly Overvalued.

Key valuation signals for BOM:524727:

  • E10: ₹-0.59
  • GF Value™: ₹25.90 vs. price of ₹30.23 (16.7% above fair value)
  • GF Score™: 36/100 with 3 warning signs

No single metric tells the full story. See the BOM:524727 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Span Divergent Business Description

Address Ghod Dod Road, 902 - 904, 9th Floor, Rajhans Bonista, Behind Ram Chowk Temple, Surat, GJ, IND, 395007
Span Divergent Ltd is engaged in diversified business activities. The company's operating segment includes Cashew processing, Tissue Culture and Trading. It generates maximum revenue from the Cashew processing segment.
36GF Score

Get the complete analysis for BOM:524727

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

₹30.23
Price
₹25.90
GF Value