Sarthak Industries (BOM:531930) E10: ₹2.30 (As of Mar. 2026)


BOM:531930 Sarthak Industries Ltd BOM:531930
65 GF Score
Price ₹25.38
GF Value ₹141.45
Valuation Possible Value Trap
! 3 Warning Signs
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What is Sarthak Industries E10?

Sarthak Industries BOM:531930 -3.31% 65 E10 is ₹2.30 as of Mar. 2026. GuruFocus rates BOM:531930 with a GF Score™ of 65/100 and a GF Value™ of ₹141.45 (Possible Value Trap). 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.

Sarthak Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sarthak Industries's average E10 Growth Rate was 16.20% 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 (2026-07-08), Sarthak Industries's current stock price is ₹25.38. Sarthak Industries's E10 for the quarter that ended in Mar. 2026 was ₹2.30. Sarthak Industries's Shiller PE Ratio of today is 11.03.

During the past 13 years, the highest Shiller PE Ratio of Sarthak Industries was 93.10. The lowest was 11.10. And the median was 15.68.


Sarthak Industries  (BOM:531930) 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.

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

Shiller PE Ratio=Share Price/E10
=25.38/2.30
=11.03

* 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 Sarthak Industries was 93.10. The lowest was 11.10. And the median was 15.68.


Be Aware

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


Sarthak Industries E10 Related Terms


Sarthak Industries E10 Historical Data

* Premium members only.

The historical data trend for Sarthak Industries'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.

Sarthak Industries E10 Chart

Sarthak Industries 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 -0.58 -0.66 1.67 1.98 2.30

Sarthak Industries 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 1.98 2.12 2.13 2.12 2.30

BOM:531930 vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Sarthak Industries'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.


Sarthak Industries Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sarthak Industries's Shiller PE Ratio distribution charts can be found below:

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


BOM:531930
65GF Score
Sarthak Industries Ltd BOM:531930
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sarthak Industries 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, Sarthak Industries'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)
=1.72/164.2724*164.2724
=1.720

Current CPI (Mar. 2026) = 164.2724.

Sarthak Industries Quarterly Data

per share eps CPI Adj_EPS
201606 -0.045 105.961 -0.070
201609 0.300 105.961 0.465
201612 0.480 105.196 0.750
201703 0.540 105.196 0.843
201706 0.180 107.109 0.276
201709 0.120 109.021 0.181
201712 0.120 109.404 0.180
201803 1.470 109.786 2.200
201806 0.248 111.317 0.366
201809 0.270 115.142 0.385
201812 0.158 115.142 0.225
201903 -0.203 118.202 -0.282
201906 -1.200 120.880 -1.631
201909 1.103 123.175 1.471
201912 2.925 126.235 3.806
202003 0.083 124.705 0.109
202006 0.308 127.000 0.398
202009 1.058 130.118 1.336
202012 0.615 130.889 0.772
202103 0.270 131.771 0.337
202106 0.788 134.084 0.965
202109 0.443 135.847 0.536
202112 0.370 138.161 0.440
202203 0.220 138.822 0.260
202206 0.040 142.347 0.046
202209 0.020 144.661 0.023
202212 0.100 145.763 0.113
202303 0.660 146.865 0.738
202306 0.030 150.280 0.033
202309 0.300 151.492 0.325
202312 0.320 152.924 0.344
202403 0.090 153.035 0.097
202406 0.270 155.789 0.285
202409 0.950 157.882 0.988
202412 1.120 158.323 1.162
202503 0.740 157.552 0.772
202506 1.220 159.755 1.254
202509 0.340 162.289 0.344
202512 0.460 163.281 0.463
202603 1.720 164.272 1.720

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 ₹2.30 mean?
Sarthak Industries (BOM:531930) has a E10 of ₹2.30 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sarthak Industries and its competitors.
Is Sarthak Industries' E10 too high?
Sarthak Industries' current E10 is ₹2.30. Overall, Sarthak Industries has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sarthak Industries' E10 compare to HON and MMM?
Sarthak Industries' E10 of ₹2.30 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Sarthak Industries and its competitors. Sarthak Industries's current E10 is ₹2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarthak Industries stock overvalued right now?
Based on GuruFocus' analysis, Sarthak Industries (BOM:531930) is currently considered Possible Value Trap. The stock's GF Value™ is ₹141.45, compared to a current price of ₹25.38 — trading 82.1% below its estimated fair value. The current E10 is ₹2.30. Sarthak Industries' overall GF Score™ is 65/100 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 Sarthak Industries (BOM:531930), the current E10 is ₹2.30 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 Sarthak Industries (BOM:531930) Overvalued in 2026?

Based on GuruFocus' analysis, Sarthak Industries stock appears to be undervalued. The current stock price of ₹25.38 is trading 82.1% below its estimated GF Value™ of ₹141.45. GuruFocus considers Sarthak Industries to be Possible Value Trap.

Key valuation signals for BOM:531930:

  • E10: ₹2.30
  • GF Value™: ₹141.45 vs. price of ₹25.38 (82.1% below fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the BOM:531930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sarthak Industries Business Description

Address 214, Trade Centre, 18, South Tukoganj, Indore, MP, IND, 452001
Sarthak Industries Ltd is engaged in the manufacturing of LPG Cylinders and trading activities. The LPG Cylinders are supplied to oil companies, both public and private. The company is also engaged in trading agri-commodities and the mining and mineral-based industry. The company has two segments: Cylinders and Merchant Trading. It generates the majority of its revenue from the Merchant Trading segment, including the Trading of various commodities, materials, and others. Geographically, it generates the majority of its revenue from India.
65GF Score

Get the complete analysis for BOM:531930

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

₹25.38
Price
₹141.45
GF Value