Alfa Ica (India) (BOM:530973) E10: ₹4.29 (As of Mar. 2026)


BOM:530973 Alfa Ica (India) Ltd BOM:530973
63 GF Score
Price ₹79.00
GF Value ₹92.12
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Alfa Ica (India) E10?

Alfa Ica (India) BOM:530973 63 E10 is ₹4.29 as of Mar. 2026. GuruFocus rates BOM:530973 with a GF Score™ of 63/100 and a GF Value™ of ₹92.12 (Modestly Undervalued). 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.

Alfa Ica (India)'s adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.396. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alfa Ica (India)'s average E10 Growth Rate was 3.40% per year. During the past 3 years, the average E10 Growth Rate was 4.40% per year. During the past 5 years, the average E10 Growth Rate was 6.90% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Alfa Ica (India) was 10.00% per year. The lowest was 4.40% per year. And the median was 6.70% per year.

As of today (2026-07-08), Alfa Ica (India)'s current stock price is ₹79.00. Alfa Ica (India)'s E10 for the quarter that ended in Mar. 2026 was ₹4.29. Alfa Ica (India)'s Shiller PE Ratio of today is 18.41.

During the past 13 years, the highest Shiller PE Ratio of Alfa Ica (India) was 25.88. The lowest was 6.41. And the median was 14.62.


Alfa Ica (India)  (BOM:530973) 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.

Alfa Ica (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=79.00/4.29
=18.41

* 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 Alfa Ica (India) was 25.88. The lowest was 6.41. And the median was 14.62.


Be Aware

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


Alfa Ica (India) E10 Related Terms


Alfa Ica (India) E10 Historical Data

* Premium members only.

The historical data trend for Alfa Ica (India)'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.

Alfa Ica (India) E10 Chart

Alfa Ica (India) 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 3.42 3.77 4.10 4.15 4.29

Alfa Ica (India) 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 4.15 4.20 4.25 4.16 4.29

BOM:530973 vs SN, SGI, MHK: E10 Comparison

For the Furnishings, Fixtures & Appliances subindustry, Alfa Ica (India)'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.


Alfa Ica (India) Shiller PE Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Ica (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alfa Ica (India)'s Shiller PE Ratio falls into.


BOM:530973
63GF Score
Alfa Ica (India) Ltd BOM:530973
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alfa Ica (India) 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, Alfa Ica (India)'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)
=1.396/164.2724*164.2724
=1.396

Current CPI (Mar. 2026) = 164.2724.

Alfa Ica (India) Quarterly Data

per share eps CPI Adj_EPS
201606 0.710 105.961 1.101
201609 0.590 105.961 0.915
201612 0.590 105.196 0.921
201703 0.500 105.196 0.781
201706 0.650 107.109 0.997
201709 0.710 109.021 1.070
201712 0.590 109.404 0.886
201803 0.970 109.786 1.451
201806 0.730 111.317 1.077
201809 0.460 115.142 0.656
201812 0.790 115.142 1.127
201903 1.100 118.202 1.529
201906 0.690 120.880 0.938
201909 0.860 123.175 1.147
201912 0.700 126.235 0.911
202003 0.810 124.705 1.067
202006 0.510 127.000 0.660
202009 0.830 130.118 1.048
202012 0.800 130.889 1.004
202103 1.370 131.771 1.708
202106 0.650 134.084 0.796
202109 1.190 135.847 1.439
202112 1.360 138.161 1.617
202203 0.820 138.822 0.970
202206 0.850 142.347 0.981
202209 0.870 144.661 0.988
202212 0.920 145.763 1.037
202303 0.970 146.865 1.085
202306 0.790 150.280 0.864
202309 1.010 151.492 1.095
202312 0.890 152.924 0.956
202403 1.480 153.035 1.589
202406 1.040 155.789 1.097
202409 1.190 157.882 1.238
202412 -1.330 158.323 -1.380
202503 2.660 157.552 2.773
202506 1.230 159.755 1.265
202509 1.120 162.289 1.134
202512 0.960 163.281 0.966
202603 1.396 164.272 1.396

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 ₹4.29 mean?
Alfa Ica (India) (BOM:530973) has a E10 of ₹4.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Alfa Ica (India) and its competitors.
Is Alfa Ica (India)'s E10 too high?
Alfa Ica (India)'s current E10 is ₹4.29. Overall, Alfa Ica (India) has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alfa Ica (India)'s E10 compare to SN and SGI?
Alfa Ica (India)'s E10 of ₹4.29 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good E10 depends on the Furnishings, Fixtures & Appliances 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 Alfa Ica (India) and its competitors. Alfa Ica (India)'s current E10 is ₹4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Ica (India) stock overvalued right now?
Based on GuruFocus' analysis, Alfa Ica (India) (BOM:530973) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.12, compared to a current price of ₹79.00 — trading 14.2% below its estimated fair value. The current E10 is ₹4.29. Alfa Ica (India)'s overall GF Score™ is 63/100 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 Alfa Ica (India) (BOM:530973), the current E10 is ₹4.29 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 Alfa Ica (India) (BOM:530973) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Ica (India) stock appears to be undervalued. The current stock price of ₹79.00 is trading 14.2% below its estimated GF Value™ of ₹92.12. GuruFocus considers Alfa Ica (India) to be Modestly Undervalued.

Key valuation signals for BOM:530973:

  • E10: ₹4.29
  • GF Value™: ₹92.12 vs. price of ₹79.00 (14.2% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the BOM:530973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alfa Ica (India) Business Description

Address Satellite Road, Alfa Pallazzo, Near Shivranjani Cross Road, Jodhpur Village, Ahmedabad, GJ, IND, 380015
Alfa Ica (India) Ltd is an India-based company engaged in the process of manufacturing High-Pressure Laminate Sheets and Compacts, which are available in different colors, designs, and textures. The Laminate sheets are used for various applications in areas including Furniture Covering, Wall Paneling, Partitions, Door Covering, and Shower Panels. It generates revenue from Decorative laminates. Geographically, it derives a majority of its revenue from its customers located outside India.
63GF Score

Get the complete analysis for BOM:530973

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

₹79.00
Price
₹92.12
GF Value