Greenply Industries (BOM:526797) E10: ₹8.64 (As of Mar. 2026)


BOM:526797 Greenply Industries Ltd BOM:526797
89 GF Score
Price ₹303.35
GF Value ₹338.44
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Greenply Industries E10?

Greenply Industries BOM:526797 +2.67% 89 E10 is ₹8.64 as of Mar. 2026. GuruFocus rates BOM:526797 with a GF Score™ of 89/100 and a GF Value™ of ₹338.44 (Modestly Undervalued). The stock has 5 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.

Greenply Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.64 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Greenply Industries's average E10 Growth Rate was 0.90% 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.

As of today (2026-06-29), Greenply Industries's current stock price is ₹303.35. Greenply Industries's E10 for the quarter that ended in Mar. 2026 was ₹8.64. Greenply Industries's Shiller PE Ratio of today is 35.11.

During the past 13 years, the highest Shiller PE Ratio of Greenply Industries was 46.18. The lowest was 21.89. And the median was 34.08.


Greenply Industries  (BOM:526797) 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.

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

Shiller PE Ratio=Share Price/E10
=303.35/8.64
=35.11

* 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 Greenply Industries was 46.18. The lowest was 21.89. And the median was 34.08.


Be Aware

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


Greenply Industries E10 Related Terms


Greenply Industries E10 Historical Data

* Premium members only.

The historical data trend for Greenply Industries'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.

Greenply Industries E10 Chart

Greenply Industries 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 0.00 8.56 8.64

Greenply Industries 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 8.56 8.70 8.73 8.66 8.64

BOM:526797 vs SSD, UFPI, BCC: E10 Comparison

For the Lumber & Wood Production subindustry, Greenply Industries'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.


Greenply Industries Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenply Industries's Shiller PE Ratio distribution charts can be found below:

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


BOM:526797
89GF Score
Greenply Industries Ltd BOM:526797
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenply Industries 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, Greenply Industries'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)
=2.48/164.2724*164.2724
=2.480

Current CPI (Mar. 2026) = 164.2724.

Greenply Industries Quarterly Data

per share eps CPI Adj_EPS
201209 2.640 82.244 5.273
201212 2.434 83.774 4.773
201303 3.354 85.687 6.430
201403 0.000 91.425 0.000
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 0.940 111.317 1.387
201809 1.430 115.142 2.040
201812 1.700 115.142 2.425
201903 2.430 118.202 3.377
201906 1.710 120.880 2.324
201909 2.150 123.175 2.867
201912 1.740 126.235 2.264
202003 -1.760 124.705 -2.318
202006 -0.920 127.000 -1.190
202009 1.510 130.118 1.906
202012 2.040 130.889 2.560
202103 2.340 131.771 2.917
202106 0.330 134.084 0.404
202109 2.600 135.847 3.144
202112 2.420 138.161 2.877
202203 2.360 138.822 2.793
202206 1.680 142.347 1.939
202209 1.910 144.661 2.169
202212 2.910 145.763 3.280
202303 0.890 146.865 0.995
202306 0.070 150.280 0.077
202309 1.120 151.492 1.214
202312 2.160 152.924 2.320
202403 2.270 153.035 2.437
202406 2.660 155.789 2.805
202409 1.410 157.882 1.467
202412 1.950 158.323 2.023
202503 1.330 157.552 1.387
202506 2.280 159.755 2.344
202509 1.270 162.289 1.286
202512 1.150 163.281 1.157
202603 2.480 164.272 2.480

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 ₹8.64 mean?
Greenply Industries (BOM:526797) has a E10 of ₹8.64 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Greenply Industries and its competitors.
Is Greenply Industries' E10 too high?
Greenply Industries' current E10 is ₹8.64. Overall, Greenply Industries has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenply Industries' E10 compare to SSD and UFPI?
Greenply Industries' E10 of ₹8.64 can be compared against companies in the Forest Products 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 Forest Products company?
A good E10 depends on the Forest Products 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 Greenply Industries and its competitors. Greenply Industries's current E10 is ₹8.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenply Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenply Industries (BOM:526797) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹338.44, compared to a current price of ₹303.35 — trading 10.4% below its estimated fair value. The current E10 is ₹8.64. Greenply Industries' overall GF Score™ is 89/100 with 5 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 Greenply Industries (BOM:526797), the current E10 is ₹8.64 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 Greenply Industries (BOM:526797) Overvalued in 2026?

Based on GuruFocus' analysis, Greenply Industries stock appears to be undervalued. The current stock price of ₹303.35 is trading 10.4% below its estimated GF Value™ of ₹338.44. GuruFocus considers Greenply Industries to be Modestly Undervalued.

Key valuation signals for BOM:526797:

  • E10: ₹8.64
  • GF Value™: ₹338.44 vs. price of ₹303.35 (10.4% below fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the BOM:526797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenply Industries Business Description

Other Exchanges GREENPLY:India
Address 23 Chetla Central Road, 5th and 6th Floor, Madgul Lounge, Kolkata, WB, IND, 700027
Greenply Industries Ltd is an interior infrastructure company that manufactures and markets wood and plywood products. The company's product portfolio consists of plywood and block boards, Doors, decorative veneers, PVC products, and Specialty plywood. Its segments consist of Plywood and Allied products, and Medium Density Fibre Boards, and allied products. The company generates all of its revenue from Plywood and Allied products.
89GF Score

Get the complete analysis for BOM:526797

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

₹303.35
Price
₹338.44
GF Value