Sonal Adhesives (BOM:526901) E10: ₹-0.18 (As of Mar. 2026)


BOM:526901 Sonal Adhesives Ltd BOM:526901
62 GF Score
Price ₹48.00
GF Value ₹98.41
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Sonal Adhesives E10?

Sonal Adhesives BOM:526901 +2.13% 62 E10 is ₹-0.18 as of Mar. 2026. GuruFocus rates BOM:526901 with a GF Score™ of 62/100 and a GF Value™ of ₹98.41 (Possible Value Trap). 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.

Sonal Adhesives's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.18 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 48.50% per year. During the past 5 years, the average E10 Growth Rate was 32.30% 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 Sonal Adhesives was 48.50% per year. The lowest was 8.80% per year. And the median was 18.80% per year.

As of today (2026-07-12), Sonal Adhesives's current stock price is ₹48.00. Sonal Adhesives's E10 for the quarter that ended in Mar. 2026 was ₹-0.18. Sonal Adhesives's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Sonal Adhesives was 376.17. The lowest was 284.25. And the median was 308.33.


Sonal Adhesives  (BOM:526901) 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 Sonal Adhesives was 376.17. The lowest was 284.25. And the median was 308.33.


Be Aware

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


Sonal Adhesives E10 Related Terms


Sonal Adhesives E10 Historical Data

* Premium members only.

The historical data trend for Sonal Adhesives'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.

Sonal Adhesives E10 Chart

Sonal Adhesives 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 -1.45 -1.32 -1.24 -1.10 -0.18

Sonal Adhesives 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 -1.10 -0.56 -0.14 0.12 -0.18

BOM:526901 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Sonal Adhesives'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.


Sonal Adhesives Shiller PE Ratio vs Chemicals Industry

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

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


BOM:526901
62GF Score
Sonal Adhesives Ltd BOM:526901
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sonal Adhesives 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, Sonal Adhesives'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)
=1.12/164.2724*164.2724
=1.120

Current CPI (Mar. 2026) = 164.2724.

Sonal Adhesives Quarterly Data

per share eps CPI Adj_EPS
201606 -2.000 105.961 -3.101
201609 -1.280 105.961 -1.984
201612 -0.465 105.196 -0.726
201703 -1.370 105.196 -2.139
201706 -2.330 107.109 -3.574
201709 -0.590 109.021 -0.889
201712 -0.890 109.404 -1.336
201803 -2.810 109.786 -4.205
201806 -0.890 111.317 -1.313
201809 0.660 115.142 0.942
201812 -1.930 115.142 -2.754
201903 0.470 118.202 0.653
201906 -0.520 120.880 -0.707
201909 -0.680 123.175 -0.907
201912 -0.630 126.235 -0.820
202003 -1.270 124.705 -1.673
202006 0.010 127.000 0.013
202009 -0.600 130.118 -0.757
202012 -0.870 130.889 -1.092
202103 0.090 131.771 0.112
202106 -0.030 134.084 -0.037
202109 -1.880 135.847 -2.273
202112 1.420 138.161 1.688
202203 10.040 138.822 11.881
202206 0.730 142.347 0.842
202209 0.460 144.661 0.522
202212 1.490 145.763 1.679
202303 1.060 146.865 1.186
202306 1.150 150.280 1.257
202309 1.160 151.492 1.258
202312 0.300 152.924 0.322
202403 0.450 153.035 0.483
202406 1.060 155.789 1.118
202409 0.720 157.882 0.749
202412 0.490 158.323 0.508
202503 0.650 157.552 0.678
202506 0.740 159.755 0.761
202509 0.440 162.289 0.445
202512 0.250 163.281 0.252
202603 1.120 164.272 1.120

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 ₹-0.18 mean?
Sonal Adhesives (BOM:526901) has a E10 of ₹-0.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sonal Adhesives and its competitors.
Is Sonal Adhesives' E10 too high?
Sonal Adhesives' current E10 is ₹-0.18. Overall, Sonal Adhesives has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sonal Adhesives' E10 compare to LIN and SHW?
Sonal Adhesives' E10 of ₹-0.18 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 Sonal Adhesives and its competitors. Sonal Adhesives's current E10 is ₹-0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonal Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Sonal Adhesives (BOM:526901) is currently considered Possible Value Trap. The stock's GF Value™ is ₹98.41, compared to a current price of ₹48.00 — trading 51.2% below its estimated fair value. The current E10 is ₹-0.18. Sonal Adhesives' overall GF Score™ is 62/100 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 Sonal Adhesives (BOM:526901), the current E10 is ₹-0.18 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 Sonal Adhesives (BOM:526901) Overvalued in 2026?

Based on GuruFocus' analysis, Sonal Adhesives stock appears to be undervalued. The current stock price of ₹48.00 is trading 51.2% below its estimated GF Value™ of ₹98.41. GuruFocus considers Sonal Adhesives to be Possible Value Trap.

Key valuation signals for BOM:526901:

  • E10: ₹-0.18
  • GF Value™: ₹98.41 vs. price of ₹48.00 (51.2% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the BOM:526901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sonal Adhesives Business Description

Address Takai Adoshi Road, Off. Khopoli-Pen Road, At PO Khopoli, Plot no. 28/1A, Village Dheku, Taluka Khalapur, District Raigad, Khopoli, MH, IND, 410203
Sonal Adhesives Ltd is an India-based manufacturer engaged in the production of adhesive tapes, emulsions, and plastic ropes. The company operates in a single segment: packing products. Its products are marketed under the brand names SONAL and ADICRYL. The company is a manufacturer and exporter of BOPP self-adhesive tapes and specialty adhesives and emulsions. It exports its products globally, including to countries such as Spain, Nigeria, Germany, Middle Eastern countries, and across the African continent, and majority of its revenue comes from India.
62GF Score

Get the complete analysis for BOM:526901

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

₹48.00
Price
₹98.41
GF Value