Kalind (BOM:526935) E10: ₹0.46 (As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:526935 Kalind Ltd BOM:526935
49 GF Score
Price ₹85.42
GF Value ₹145.88
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Kalind E10?

Kalind BOM:526935 -1.74% 49 E10 is ₹0.46 as of Mar. 2026. GuruFocus rates BOM:526935 with a GF Score™ of 49/100 and a GF Value™ of ₹145.88 (Possible Value Trap). The stock has 4 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.

Kalind's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kalind's average E10 Growth Rate was 666.70% per year. During the past 3 years, the average E10 Growth Rate was 184.40% per year. During the past 5 years, the average E10 Growth Rate was 74.00% 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 Kalind was 184.40% per year. The lowest was 14.50% per year. And the median was 44.20% per year.

As of today (2026-07-14), Kalind's current stock price is ₹85.42. Kalind's E10 for the quarter that ended in Mar. 2026 was ₹0.46. Kalind's Shiller PE Ratio of today is 185.70.

During the past 13 years, the highest Shiller PE Ratio of Kalind was 326.67. The lowest was 30.69. And the median was 53.85.


Kalind  (BOM:526935) 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.

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

Shiller PE Ratio=Share Price/E10
=85.42/0.46
=185.70

* 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 Kalind was 326.67. The lowest was 30.69. And the median was 53.85.


Be Aware

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


Kalind E10 Related Terms


Kalind E10 Historical Data

* Premium members only.

The historical data trend for Kalind'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.

Kalind E10 Chart

Kalind 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 0.02 0.02 0.03 0.06 0.46

Kalind 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 0.06 0.12 0.27 0.30 0.46

BOM:526935 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Kalind'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.


Kalind Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kalind's Shiller PE Ratio distribution charts can be found below:

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


BOM:526935
49GF Score
Kalind Ltd BOM:526935
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalind 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, Kalind'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)
=1.57/164.2724*164.2724
=1.570

Current CPI (Mar. 2026) = 164.2724.

Kalind Quarterly Data

per share eps CPI Adj_EPS
201606 0.046 105.961 0.071
201609 -0.004 105.961 -0.006
201612 -0.007 105.196 -0.011
201703 -0.003 105.196 -0.005
201706 0.004 107.109 0.006
201709 0.043 109.021 0.065
201712 0.062 109.404 0.093
201803 -0.015 109.786 -0.022
201806 -0.006 111.317 -0.009
201809 -0.010 115.142 -0.014
201812 0.001 115.142 0.001
201903 -0.014 118.202 -0.019
201906 -0.006 120.880 -0.008
201909 0.004 123.175 0.005
201912 0.042 126.235 0.055
202003 -0.044 124.705 -0.058
202006 0.009 127.000 0.012
202009 0.051 130.118 0.064
202012 0.023 130.889 0.029
202103 -0.001 131.771 -0.001
202106 0.020 134.084 0.025
202109 0.045 135.847 0.054
202112 0.021 138.161 0.025
202203 -0.065 138.822 -0.077
202206 -0.193 142.347 -0.223
202209 0.091 144.661 0.103
202212 0.110 145.763 0.124
202303 0.013 146.865 0.015
202306 -0.014 150.280 -0.015
202309 0.024 151.492 0.026
202312 0.022 152.924 0.024
202403 0.018 153.035 0.019
202406 -0.011 155.789 -0.012
202409 -0.133 157.882 -0.138
202412 -0.310 158.323 -0.322
202503 0.720 157.552 0.751
202506 0.655 159.755 0.674
202509 1.467 162.289 1.485
202512 0.229 163.281 0.230
202603 1.570 164.272 1.570

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 ₹0.46 mean?
Kalind (BOM:526935) has a E10 of ₹0.46 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kalind and its competitors.
Is Kalind's E10 too high?
Kalind's current E10 is ₹0.46. Overall, Kalind has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kalind's E10 compare to MS and GS?
Kalind's E10 of ₹0.46 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Kalind and its competitors. Kalind's current E10 is ₹0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalind stock overvalued right now?
Based on GuruFocus' analysis, Kalind (BOM:526935) is currently considered Possible Value Trap. The stock's GF Value™ is ₹145.88, compared to a current price of ₹85.42 — trading 41.4% below its estimated fair value. The current E10 is ₹0.46. Kalind's overall GF Score™ is 49/100 with 4 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 Kalind (BOM:526935), the current E10 is ₹0.46 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 Kalind (BOM:526935) Overvalued in 2026?

Based on GuruFocus' analysis, Kalind stock appears to be undervalued. The current stock price of ₹85.42 is trading 41.4% below its estimated GF Value™ of ₹145.88. GuruFocus considers Kalind to be Possible Value Trap.

Key valuation signals for BOM:526935:

  • E10: ₹0.46
  • GF Value™: ₹145.88 vs. price of ₹85.42 (41.4% below fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the BOM:526935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kalind Business Description

Address 706, Gaurav Path Road, Dumas Road, 7th Floor, International Business Center, Piplod, Surat, GJ, IND, 395007
Kalind Ltd has two operating segments: real estate consultancy and trading in securities. engaged in the real estate business. The company is engaged in developing, redeveloping, furnishing, and maintaining real estate properties, including townships, commercial premises, hotels, resorts, hospitals, educational institutes, markets, offices, flats, recreational facilities, and others. Key revenue is generated from the Trading in Securities segment.
49GF Score

Get the complete analysis for BOM:526935

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

₹85.42
Price
₹145.88
GF Value