Ishan Dyes and Chemicals (BOM:531109) E10: ₹4.19 (As of Mar. 2026)

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BOM:531109 Ishan Dyes and Chemicals Ltd BOM:531109
63 GF Score
Price ₹54.50
GF Value ₹49.08
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Ishan Dyes and Chemicals E10?

Ishan Dyes and Chemicals BOM:531109 -0.73% 63 E10 is ₹4.19 as of Mar. 2026. GuruFocus rates BOM:531109 with a GF Score™ of 63/100 and a GF Value™ of ₹49.08 (Modestly Overvalued). 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.

Ishan Dyes and Chemicals's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ishan Dyes and Chemicals's average E10 Growth Rate was -12.70% per year. During the past 3 years, the average E10 Growth Rate was -8.80% per year. During the past 5 years, the average E10 Growth Rate was -3.80% 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 Ishan Dyes and Chemicals was -0.70% per year. The lowest was -8.80% per year. And the median was -3.90% per year.

As of today (2026-07-21), Ishan Dyes and Chemicals's current stock price is ₹54.50. Ishan Dyes and Chemicals's E10 for the quarter that ended in Mar. 2026 was ₹4.19. Ishan Dyes and Chemicals's Shiller PE Ratio of today is 13.01.

During the past 13 years, the highest Shiller PE Ratio of Ishan Dyes and Chemicals was 30.21. The lowest was 6.04. And the median was 11.84.


Ishan Dyes and Chemicals  (BOM:531109) 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.

Ishan Dyes and Chemicals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=54.50/4.19
=13.01

* 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 Ishan Dyes and Chemicals was 30.21. The lowest was 6.04. And the median was 11.84.


Be Aware

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


Ishan Dyes and Chemicals E10 Related Terms


Ishan Dyes and Chemicals E10 Historical Data

* Premium members only.

The historical data trend for Ishan Dyes and Chemicals'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.

Ishan Dyes and Chemicals E10 Chart

Ishan Dyes and Chemicals 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 5.40 5.53 4.89 4.80 4.19

Ishan Dyes and Chemicals 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 4.80 4.73 4.61 4.23 4.19

BOM:531109 vs DOW: E10 Comparison

For the Chemicals subindustry, Ishan Dyes and Chemicals'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.


Ishan Dyes and Chemicals Shiller PE Ratio vs Chemicals Industry

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

* The bar in red indicates where Ishan Dyes and Chemicals's Shiller PE Ratio falls into.


BOM:531109
63GF Score
Ishan Dyes and Chemicals Ltd BOM:531109
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ishan Dyes and Chemicals 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, Ishan Dyes and Chemicals'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)
=0.56/164.2724*164.2724
=0.560

Current CPI (Mar. 2026) = 164.2724.

Ishan Dyes and Chemicals Quarterly Data

per share eps CPI Adj_EPS
201606 1.415 105.961 2.194
201609 3.339 105.961 5.176
201612 1.508 105.196 2.355
201703 0.422 105.196 0.659
201706 -0.102 107.109 -0.156
201709 0.731 109.021 1.101
201712 0.740 109.404 1.111
201803 1.393 109.786 2.084
201806 2.210 111.317 3.261
201809 2.460 115.142 3.510
201812 0.170 115.142 0.243
201903 -0.998 118.202 -1.387
201906 1.140 120.880 1.549
201909 1.470 123.175 1.960
201912 1.430 126.235 1.861
202003 1.724 124.705 2.271
202006 1.060 127.000 1.371
202009 1.880 130.118 2.373
202012 2.900 130.889 3.640
202103 2.181 131.771 2.719
202106 1.940 134.084 2.377
202109 2.000 135.847 2.418
202112 2.790 138.161 3.317
202203 -0.770 138.822 -0.911
202206 -0.210 142.347 -0.242
202209 -0.010 144.661 -0.011
202212 1.180 145.763 1.330
202303 -1.630 146.865 -1.823
202306 -0.850 150.280 -0.929
202309 -0.150 151.492 -0.163
202312 -0.700 152.924 -0.752
202403 1.760 153.035 1.889
202406 0.420 155.789 0.443
202409 0.630 157.882 0.655
202412 0.020 158.323 0.021
202503 -0.550 157.552 -0.573
202506 0.140 159.755 0.144
202509 -1.680 162.289 -1.701
202512 -2.010 163.281 -2.022
202603 0.560 164.272 0.560

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 ₹4.19 mean?
Ishan Dyes and Chemicals (BOM:531109) has a E10 of ₹4.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ishan Dyes and Chemicals and its competitors.
Is Ishan Dyes and Chemicals' E10 too high?
Ishan Dyes and Chemicals' current E10 is ₹4.19. Overall, Ishan Dyes and Chemicals has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ishan Dyes and Chemicals' E10 compare to DOW?
Ishan Dyes and Chemicals' E10 of ₹4.19 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 Ishan Dyes and Chemicals and its competitors. Ishan Dyes and Chemicals's current E10 is ₹4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan Dyes and Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Ishan Dyes and Chemicals (BOM:531109) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹49.08, compared to a current price of ₹54.50 — trading 11% above its estimated fair value. The current E10 is ₹4.19. Ishan Dyes and Chemicals' overall GF Score™ is 63/100 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 Ishan Dyes and Chemicals (BOM:531109), the current E10 is ₹4.19 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 Ishan Dyes and Chemicals (BOM:531109) Overvalued in 2026?

Based on GuruFocus' analysis, Ishan Dyes and Chemicals stock appears to be overvalued. The current stock price of ₹54.50 is trading 11% above its estimated GF Value™ of ₹49.08. GuruFocus considers Ishan Dyes and Chemicals to be Modestly Overvalued.

Key valuation signals for BOM:531109:

  • E10: ₹4.19
  • GF Value™: ₹49.08 vs. price of ₹54.50 (11% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the BOM:531109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishan Dyes and Chemicals Business Description

Other Exchanges ISHANCH:India
Address 18, G.I.D.C Estate, Phase - 1, Vatva, Ahmedabad, GJ, IND, 382 445
Ishan Dyes and Chemicals Ltd is an India-based company that manufactures chemicals. The company's principal product includes Phthalocyanine blue products. It offers various categories of products such as CPC Blue, Pigment Alpha Blues, and Pigment Beta Blue. In addition, the company manufactures a range of solvent dyes that are soluble in organic solvents. It provides phthalocyanine blue pigments for plastics, water-based, and offset inks and paint.
63GF Score

Get the complete analysis for BOM:531109

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

₹54.50
Price
₹49.08
GF Value