Relaxo Footwears (BOM:530517) E10: ₹9.13 (As of Mar. 2026)

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BOM:530517 Relaxo Footwears Ltd BOM:530517
85 GF Score
Price ₹397.10
GF Value ₹661.08
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Relaxo Footwears E10?

Relaxo Footwears BOM:530517 +0.58% 85 E10 is ₹9.13 as of Mar. 2026. GuruFocus rates BOM:530517 with a GF Score™ of 85/100 and a GF Value™ of ₹661.08 (Significantly Undervalued). 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.

Relaxo Footwears's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Relaxo Footwears's average E10 Growth Rate was 3.30% per year. During the past 3 years, the average E10 Growth Rate was 4.90% per year. During the past 5 years, the average E10 Growth Rate was 7.70% 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 Relaxo Footwears was 16.70% per year. The lowest was 4.90% per year. And the median was 9.15% per year.

As of today (2026-07-14), Relaxo Footwears's current stock price is ₹397.10. Relaxo Footwears's E10 for the quarter that ended in Mar. 2026 was ₹9.13. Relaxo Footwears's Shiller PE Ratio of today is 43.49.

During the past 13 years, the highest Shiller PE Ratio of Relaxo Footwears was 213.98. The lowest was 27.67. And the median was 112.62.


Relaxo Footwears  (BOM:530517) 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.

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

Shiller PE Ratio=Share Price/E10
=397.10/9.13
=43.49

* 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 Relaxo Footwears was 213.98. The lowest was 27.67. And the median was 112.62.


Be Aware

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


Relaxo Footwears E10 Related Terms


Relaxo Footwears E10 Historical Data

* Premium members only.

The historical data trend for Relaxo Footwears'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.

Relaxo Footwears E10 Chart

Relaxo Footwears 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 7.21 7.92 8.60 8.84 9.13

Relaxo Footwears 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 8.84 8.92 9.03 9.03 9.13

BOM:530517 vs NKE, DECK, ONON: E10 Comparison

For the Footwear & Accessories subindustry, Relaxo Footwears'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.


Relaxo Footwears Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Relaxo Footwears's Shiller PE Ratio distribution charts can be found below:

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


BOM:530517
85GF Score
Relaxo Footwears Ltd BOM:530517
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Relaxo Footwears 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, Relaxo Footwears'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)
=2.72/164.2724*164.2724
=2.720

Current CPI (Mar. 2026) = 164.2724.

Relaxo Footwears Quarterly Data

per share eps CPI Adj_EPS
201606 1.540 105.961 2.387
201609 1.120 105.961 1.736
201612 1.014 105.196 1.583
201703 1.320 105.196 2.061
201706 1.555 107.109 2.385
201709 1.330 109.021 2.004
201712 1.585 109.404 2.380
201803 2.220 109.786 3.322
201806 1.910 111.317 2.819
201809 1.630 115.142 2.326
201812 1.430 115.142 2.040
201903 -1.345 118.202 -1.869
201906 2.000 120.880 2.718
201909 2.840 123.175 3.788
201912 2.180 126.235 2.837
202003 2.080 124.705 2.740
202006 0.970 127.000 1.255
202009 3.020 130.118 3.813
202012 3.630 130.889 4.556
202103 4.100 131.771 5.111
202106 1.240 134.084 1.519
202109 2.760 135.847 3.338
202112 2.820 138.161 3.353
202203 2.530 138.822 2.994
202206 1.550 142.347 1.789
202209 0.900 144.661 1.022
202212 1.210 145.763 1.364
202303 2.550 146.865 2.852
202306 2.260 150.280 2.470
202309 1.780 151.492 1.930
202312 1.540 152.924 1.654
202403 2.460 153.035 2.641
202406 1.780 155.789 1.877
202409 1.480 157.882 1.540
202412 1.320 158.323 1.370
202503 2.260 157.552 2.356
202506 1.960 159.755 2.015
202509 1.460 162.289 1.478
202512 1.060 163.281 1.066
202603 2.720 164.272 2.720

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 ₹9.13 mean?
Relaxo Footwears (BOM:530517) has a E10 of ₹9.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Relaxo Footwears and its competitors.
Is Relaxo Footwears' E10 too high?
Relaxo Footwears' current E10 is ₹9.13. Overall, Relaxo Footwears has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Relaxo Footwears' E10 compare to NKE and DECK?
Relaxo Footwears' E10 of ₹9.13 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Relaxo Footwears and its competitors. Relaxo Footwears's current E10 is ₹9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Relaxo Footwears stock overvalued right now?
Based on GuruFocus' analysis, Relaxo Footwears (BOM:530517) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹661.08, compared to a current price of ₹397.10 — trading 39.9% below its estimated fair value. The current E10 is ₹9.13. Relaxo Footwears' overall GF Score™ is 85/100 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 Relaxo Footwears (BOM:530517), the current E10 is ₹9.13 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 Relaxo Footwears (BOM:530517) Overvalued in 2026?

Based on GuruFocus' analysis, Relaxo Footwears stock appears to be undervalued. The current stock price of ₹397.10 is trading 39.9% below its estimated GF Value™ of ₹661.08. GuruFocus considers Relaxo Footwears to be Significantly Undervalued.

Key valuation signals for BOM:530517:

  • E10: ₹9.13
  • GF Value™: ₹661.08 vs. price of ₹397.10 (39.9% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the BOM:530517 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Relaxo Footwears Business Description

Other Exchanges RELAXO:India
Address Sector 3, Aggarwal City Square, Plot No. 10, Manglam Place, District Centre, Rohini, Delhi, IND, 110085
Relaxo Footwears Ltd manufactures footwear in India and sells it through various brand names such as Flite, Bahamas, Boston, Sparx, Schoolmate, Kids Fun, and Mary Jane. Roughly half of the company's production is non-leather footwear, including a wide variety of slippers, floaters, sandals, and shoes. Relaxo sells its products predominantly in India through distributors, retail stores, and e-commerce. The company has only one segment, Footwear and related products. Geographically, it generates maximum revenue from its business in India, and also has some exposure to international markets.
85GF Score

Get the complete analysis for BOM:530517

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

₹397.10
Price
₹661.08
GF Value