Golden Carpets (BOM:531928) E10: ₹-0.42 (As of Mar. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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:531928 Golden Carpets Ltd BOM:531928
52 GF Score
Price ₹12.36
GF Value ₹14.78
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Golden Carpets E10?

Golden Carpets BOM:531928 52 E10 is ₹-0.42 as of Mar. 2026. GuruFocus rates BOM:531928 with a GF Score™ of 52/100 and a GF Value™ of ₹14.78 (Modestly Undervalued). The stock has 7 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.

Golden Carpets's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.42 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 37.10% per year. During the past 5 years, the average E10 Growth Rate was 39.60% 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 Golden Carpets was 47.70% per year. The lowest was 37.10% per year. And the median was 46.90% per year.

As of today (2026-07-30), Golden Carpets's current stock price is ₹12.36. Golden Carpets's E10 for the quarter that ended in Mar. 2026 was ₹-0.42. Golden Carpets's Shiller PE Ratio of today is .


Golden Carpets  (BOM:531928) 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.


Be Aware

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


Golden Carpets E10 Related Terms


Golden Carpets E10 Historical Data

* Premium members only.

The historical data trend for Golden Carpets'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.

Golden Carpets E10 Chart

Golden Carpets 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 -3.36 -1.69 -0.53 -0.48 -0.42

Golden Carpets 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 -0.48 -0.42 -0.38 -0.40 -0.42

Golden Carpets E10 Competitor Comparison

For the Textile Manufacturing subindustry, Golden Carpets'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.


Golden Carpets Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Golden Carpets's Shiller PE Ratio falls into.


BOM:531928
52GF Score
Golden Carpets Ltd BOM:531928
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Carpets 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, Golden Carpets'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)
=0.02/164.2724*164.2724
=0.020

Current CPI (Mar. 2026) = 164.2724.

Golden Carpets Quarterly Data

per share eps CPI Adj_EPS
201606 -0.380 105.961 -0.589
201609 -0.200 105.961 -0.310
201612 -0.200 105.196 -0.312
201703 -0.390 105.196 -0.609
201706 -0.040 107.109 -0.061
201709 -0.260 109.021 -0.392
201712 -0.130 109.404 -0.195
201803 -0.130 109.786 -0.195
201806 -0.060 111.317 -0.089
201809 -0.140 115.142 -0.200
201812 0.010 115.142 0.014
201903 0.000 118.202 0.000
201906 -0.100 120.880 -0.136
201909 0.400 123.175 0.533
201912 -0.010 126.235 -0.013
202003 -0.160 124.705 -0.211
202006 -0.150 127.000 -0.194
202009 -0.010 130.118 -0.013
202012 -0.030 130.889 -0.038
202103 0.200 131.771 0.249
202106 -0.180 134.084 -0.221
202109 -0.140 135.847 -0.169
202112 -0.090 138.161 -0.107
202203 0.020 138.822 0.024
202206 -0.150 142.347 -0.173
202209 -0.020 144.661 -0.023
202212 0.010 145.763 0.011
202303 -0.140 146.865 -0.157
202306 -0.090 150.280 -0.098
202309 -0.070 151.492 -0.076
202312 -0.060 152.924 -0.064
202403 0.150 153.035 0.161
202406 -0.060 155.789 -0.063
202409 -0.020 157.882 -0.021
202412 -0.100 158.323 -0.104
202503 0.040 157.552 0.042
202506 0.030 159.755 0.031
202509 0.040 162.289 0.040
202512 -0.340 163.281 -0.342
202603 0.020 164.272 0.020

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 ₹-0.42 mean?
Golden Carpets (BOM:531928) has a E10 of ₹-0.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Golden Carpets and its competitors.
Is Golden Carpets' E10 too high?
Golden Carpets' current E10 is ₹-0.42. Overall, Golden Carpets has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Carpets' E10 compare to competitors?
Golden Carpets' E10 of ₹-0.42 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 Golden Carpets and its competitors. Golden Carpets's current E10 is ₹-0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Carpets stock overvalued right now?
Based on GuruFocus' analysis, Golden Carpets (BOM:531928) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹14.78, compared to a current price of ₹12.36 — trading 16.4% below its estimated fair value. The current E10 is ₹-0.42. Golden Carpets' overall GF Score™ is 52/100 with 7 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 Golden Carpets (BOM:531928), the current E10 is ₹-0.42 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 Golden Carpets (BOM:531928) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Carpets stock appears to be undervalued. The current stock price of ₹12.36 is trading 16.4% below its estimated GF Value™ of ₹14.78. GuruFocus considers Golden Carpets to be Modestly Undervalued.

Key valuation signals for BOM:531928:

  • E10: ₹-0.42
  • GF Value™: ₹14.78 vs. price of ₹12.36 (16.4% below fair value)
  • GF Score™: 52/100 with 7 warning signs

No single metric tells the full story. See the BOM:531928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Carpets Business Description

Address 8-2-596/5/B/1/A, Road No. 10, First Floor, Banjara Hills, Hyderabad, TG, IND, 500035
Golden Carpets Ltd is a manufacturer of carpets produced with heat-set polypropylene yarn that is imported from Turkey. The company provides carpeting solutions for hotels, multiplexes, and corporate offices with wall-to-wall carpets that are made to the client's needs. Its product portfolio includes wall-to-wall carpets and area rugs.
52GF Score

Get the complete analysis for BOM:531928

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

₹12.36
Price
₹14.78
GF Value