Eveready Industries India (BOM:531508) E10: ₹5.30 (As of Mar. 2026)


BOM:531508 Eveready Industries India Ltd BOM:531508
74 GF Score
Price ₹356.65
GF Value ₹387.37
Valuation Fairly Valued
! 3 Warning Signs
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What is Eveready Industries India E10?

Eveready Industries India BOM:531508 -3.23% 74 E10 is ₹5.30 as of Mar. 2026. GuruFocus rates BOM:531508 with a GF Score™ of 74/100 and a GF Value™ of ₹387.37 (Fairly Valued). 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.

Eveready Industries India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹19.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Eveready Industries India's average E10 Growth Rate was 84.00% 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.

As of today (2026-07-07), Eveready Industries India's current stock price is ₹356.65. Eveready Industries India's E10 for the quarter that ended in Mar. 2026 was ₹5.30. Eveready Industries India's Shiller PE Ratio of today is 67.29.

During the past 13 years, the highest Shiller PE Ratio of Eveready Industries India was 218.77. The lowest was 53.08. And the median was 117.78.


Eveready Industries India  (BOM:531508) 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.

Eveready Industries India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=356.65/5.30
=67.29

* 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 Eveready Industries India was 218.77. The lowest was 53.08. And the median was 117.78.


Be Aware

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


Eveready Industries India E10 Related Terms


Eveready Industries India E10 Historical Data

* Premium members only.

The historical data trend for Eveready Industries 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.

Eveready Industries India E10 Chart

Eveready Industries 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 0.00 0.00 1.70 2.88 5.30

Eveready Industries 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 2.88 3.31 3.15 3.18 5.30

BOM:531508 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Eveready Industries 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.


Eveready Industries India Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eveready Industries India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Eveready Industries India's Shiller PE Ratio falls into.


BOM:531508
74GF Score
Eveready Industries India Ltd BOM:531508
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eveready Industries 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, Eveready Industries 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)
=19.5/164.2724*164.2724
=19.500

Current CPI (Mar. 2026) = 164.2724.

Eveready Industries India Quarterly Data

per share eps CPI Adj_EPS
201212 0.250 83.774 0.490
201303 -0.300 85.687 -0.575
201312 0.620 91.425 1.114
201403 0.170 91.425 0.305
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 2.520 111.317 3.719
201809 3.430 115.142 4.894
201812 0.003 115.142 0.004
201903 0.630 118.202 0.876
201906 0.950 120.880 1.291
201909 2.490 123.175 3.321
201912 12.410 126.235 16.149
202003 8.680 124.705 11.434
202006 3.440 127.000 4.450
202009 7.870 130.118 9.936
202012 6.710 130.889 8.421
202103 -60.880 131.771 -75.896
202106 4.150 134.084 5.084
202109 4.270 135.847 5.163
202112 3.260 138.161 3.876
202203 -5.290 138.822 -6.260
202206 3.010 142.347 3.474
202209 2.030 144.661 2.305
202212 0.750 145.763 0.845
202303 -1.980 146.865 -2.215
202306 3.420 150.280 3.738
202309 3.500 151.492 3.795
202312 1.160 152.924 1.246
202403 1.100 153.035 1.181
202406 4.040 155.789 4.260
202409 4.070 157.882 4.235
202412 1.800 158.323 1.868
202503 1.430 157.552 1.491
202506 4.160 159.755 4.278
202509 -1.090 162.289 -1.103
202512 1.020 163.281 1.026
202603 19.500 164.272 19.500

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 ₹5.30 mean?
Eveready Industries India (BOM:531508) has a E10 of ₹5.30 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Eveready Industries India and its competitors.
Is Eveready Industries India's E10 too high?
Eveready Industries India's current E10 is ₹5.30. Overall, Eveready Industries India has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eveready Industries India's E10 compare to VRT and BE?
Eveready Industries India's E10 of ₹5.30 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Eveready Industries India and its competitors. Eveready Industries India's current E10 is ₹5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready Industries India stock overvalued right now?
Based on GuruFocus' analysis, Eveready Industries India (BOM:531508) is currently considered Fairly Valued. The stock's GF Value™ is ₹387.37, compared to a current price of ₹356.65 — trading 7.9% below its estimated fair value. The current E10 is ₹5.30. Eveready Industries India's overall GF Score™ is 74/100 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 Eveready Industries India (BOM:531508), the current E10 is ₹5.30 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 Eveready Industries India (BOM:531508) Overvalued in 2026?

Based on GuruFocus' analysis, Eveready Industries India stock appears to be undervalued. The current stock price of ₹356.65 is trading 7.9% below its estimated GF Value™ of ₹387.37. GuruFocus considers Eveready Industries India to be Fairly Valued.

Key valuation signals for BOM:531508:

  • E10: ₹5.30
  • GF Value™: ₹387.37 vs. price of ₹356.65 (7.9% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the BOM:531508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eveready Industries India Business Description

Other Exchanges EVEREADY:India
Address 2 Rainey Park, Kolkata, WB, IND, 700019
Eveready Industries India Ltd is engaged in the business of manufacturing and marketing dry cell batteries, rechargeable batteries, flashlights, and lighting products, which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, radio, and small home appliances, among others. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. Geographically, the company generates maximum revenue from India and also exports its products to other markets.
74GF Score

Get the complete analysis for BOM:531508

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

₹356.65
Price
₹387.37
GF Value