GRM Overseas (BOM:531449) E10: ₹3.36 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:531449 GRM Overseas Ltd BOM:531449
65 GF Score
Price ₹92.04
GF Value ₹83.64
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is GRM Overseas E10?

GRM Overseas BOM:531449 -1.11% 65 E10 is ₹3.36 as of Mar. 2026. GuruFocus rates BOM:531449 with a GF Score™ of 65/100 and a GF Value™ of ₹83.64 (Fairly Valued). 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.

GRM Overseas's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GRM Overseas's average E10 Growth Rate was 21.70% per year. During the past 3 years, the average E10 Growth Rate was 22.00% per year. During the past 5 years, the average E10 Growth Rate was 27.40% 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 GRM Overseas was 33.20% per year. The lowest was 22.00% per year. And the median was 23.90% per year.

As of today (2026-07-20), GRM Overseas's current stock price is ₹92.04. GRM Overseas's E10 for the quarter that ended in Mar. 2026 was ₹3.36. GRM Overseas's Shiller PE Ratio of today is 27.39.

During the past 13 years, the highest Shiller PE Ratio of GRM Overseas was 210.49. The lowest was 6.13. And the median was 38.10.


GRM Overseas  (BOM:531449) 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.

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

Shiller PE Ratio=Share Price/E10
=92.04/3.36
=27.39

* 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 GRM Overseas was 210.49. The lowest was 6.13. And the median was 38.10.


Be Aware

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


GRM Overseas E10 Related Terms


GRM Overseas E10 Historical Data

* Premium members only.

The historical data trend for GRM Overseas'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.

GRM Overseas E10 Chart

GRM Overseas 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 1.85 2.22 2.76 3.36

GRM Overseas 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 2.76 2.89 3.01 3.13 3.36

BOM:531449 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, GRM Overseas'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.


GRM Overseas Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GRM Overseas's Shiller PE Ratio distribution charts can be found below:

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


BOM:531449
65GF Score
GRM Overseas Ltd BOM:531449
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GRM Overseas 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, GRM Overseas'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)
=2.35/164.2724*164.2724
=2.350

Current CPI (Mar. 2026) = 164.2724.

GRM Overseas Quarterly Data

per share eps CPI Adj_EPS
201606 0.019 105.961 0.029
201609 0.038 105.961 0.059
201612 0.049 105.196 0.077
201703 0.230 105.196 0.359
201706 0.173 107.109 0.265
201709 0.077 109.021 0.116
201712 0.082 109.404 0.123
201803 0.383 109.786 0.573
201806 0.106 111.317 0.156
201809 0.167 115.142 0.238
201812 0.162 115.142 0.231
201903 0.112 118.202 0.156
201906 0.102 120.880 0.139
201909 0.227 123.175 0.303
201912 0.286 126.235 0.372
202003 1.294 124.705 1.705
202006 0.372 127.000 0.481
202009 0.843 130.118 1.064
202012 1.783 130.889 2.238
202103 1.034 131.771 1.289
202106 1.020 134.084 1.250
202109 1.360 135.847 1.645
202112 1.483 138.161 1.763
202203 0.803 138.822 0.950
202206 1.017 142.347 1.174
202209 0.760 144.661 0.863
202212 1.090 145.763 1.228
202303 0.617 146.865 0.690
202306 0.970 150.280 1.060
202309 0.367 151.492 0.398
202312 0.857 152.924 0.921
202403 1.137 153.035 1.220
202406 1.000 155.789 1.054
202409 0.493 157.882 0.513
202412 0.790 158.323 0.820
202503 2.960 157.552 3.086
202506 0.920 159.755 0.946
202509 0.790 162.289 0.800
202512 0.920 163.281 0.926
202603 2.350 164.272 2.350

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 ₹3.36 mean?
GRM Overseas (BOM:531449) has a E10 of ₹3.36 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GRM Overseas and its competitors.
Is GRM Overseas' E10 too high?
GRM Overseas' current E10 is ₹3.36. Overall, GRM Overseas has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GRM Overseas' E10 compare to KHC and GIS?
GRM Overseas' E10 of ₹3.36 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 GRM Overseas and its competitors. GRM Overseas's current E10 is ₹3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRM Overseas stock overvalued right now?
Based on GuruFocus' analysis, GRM Overseas (BOM:531449) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.64, compared to a current price of ₹92.04 — trading 10% above its estimated fair value. The current E10 is ₹3.36. GRM Overseas' overall GF Score™ is 65/100 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 GRM Overseas (BOM:531449), the current E10 is ₹3.36 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 GRM Overseas (BOM:531449) Overvalued in 2026?

Based on GuruFocus' analysis, GRM Overseas stock appears to be overvalued. The current stock price of ₹92.04 is trading 10% above its estimated GF Value™ of ₹83.64. GuruFocus considers GRM Overseas to be Fairly Valued.

Key valuation signals for BOM:531449:

  • E10: ₹3.36
  • GF Value™: ₹83.64 vs. price of ₹92.04 (10% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the BOM:531449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GRM Overseas Business Description

Other Exchanges GRMOVER:India
Address Gohana-Rohtak Road, 8 K.M. Stone, Village Naultha, Panipat, HR, IND, 132145
GRM Overseas Ltd is mainly engaged in the milling, processing, and marketing of branded/non-branded basmati rice in both domestic and overseas markets. Its product portfolio comprises steam rice, long grain rice, cream sella rice, spices (like red chilli powder, turmeric powder, etc.), classic atta, and biryani kit, among others. These products are sold under brands like 10X, Himalaya River, and Tanoush. It generates maximum revenue through rice exports. The company is predominantly engaged in multiple business segments of the food sector, including Food, which generates maximum revenue, Edible Oil, and Others. Geographically, it sells products in markets like the USA, Europe, Jordan, Iran, Turkey, Iraq, South Sudan, Maldives, India, and Indonesia.
65GF Score

Get the complete analysis for BOM:531449

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

₹92.04
Price
₹83.64
GF Value