Shalimar Wires Industries (BOM:532455) E10: ₹7.62 (As of Mar. 2026)


BOM:532455 Shalimar Wires Industries Ltd BOM:532455
64 GF Score
Price ₹21.01
GF Value ₹23.98
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shalimar Wires Industries E10?

Shalimar Wires Industries BOM:532455 +19.51% 64 E10 is ₹7.62 as of Mar. 2026. GuruFocus rates BOM:532455 with a GF Score™ of 64/100 and a GF Value™ of ₹23.98 (Modestly Undervalued). 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.

Shalimar Wires Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹7.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shalimar Wires Industries's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was 4.60% per year. During the past 5 years, the average E10 Growth Rate was -0.50% 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 Shalimar Wires Industries was 4.60% per year. The lowest was -6.10% per year. And the median was 2.60% per year.

As of today (2026-07-08), Shalimar Wires Industries's current stock price is ₹21.01. Shalimar Wires Industries's E10 for the quarter that ended in Mar. 2026 was ₹7.62. Shalimar Wires Industries's Shiller PE Ratio of today is 2.76.

During the past 13 years, the highest Shiller PE Ratio of Shalimar Wires Industries was 4.71. The lowest was 0.22. And the median was 2.43.


Shalimar Wires Industries  (BOM:532455) 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.

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

Shiller PE Ratio=Share Price/E10
=21.01/7.62
=2.76

* 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 Shalimar Wires Industries was 4.71. The lowest was 0.22. And the median was 2.43.


Be Aware

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


Shalimar Wires Industries E10 Related Terms


Shalimar Wires Industries E10 Historical Data

* Premium members only.

The historical data trend for Shalimar Wires 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.

Shalimar Wires Industries E10 Chart

Shalimar Wires 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 6.63 6.65 6.88 7.17 7.62

Shalimar Wires 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 7.17 7.35 7.51 7.55 7.62

Shalimar Wires Industries E10 Competitor Comparison

For the Paper & Paper Products subindustry, Shalimar Wires 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.


Shalimar Wires Industries Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shalimar Wires Industries's Shiller PE Ratio distribution charts can be found below:

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


BOM:532455
64GF Score
Shalimar Wires Industries Ltd BOM:532455
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shalimar Wires 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, Shalimar Wires 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)
=0.54/164.2724*164.2724
=0.540

Current CPI (Mar. 2026) = 164.2724.

Shalimar Wires Industries Quarterly Data

per share eps CPI Adj_EPS
201606 -0.160 105.961 -0.248
201609 0.080 105.961 0.124
201612 -0.074 105.196 -0.116
201703 5.900 105.196 9.213
201706 0.060 107.109 0.092
201709 0.090 109.021 0.136
201712 11.710 109.404 17.583
201803 37.110 109.786 55.527
201806 -1.600 111.317 -2.361
201809 0.070 115.142 0.100
201812 0.270 115.142 0.385
201903 -1.600 118.202 -2.224
201906 0.130 120.880 0.177
201909 0.080 123.175 0.107
201912 0.080 126.235 0.104
202003 -1.070 124.705 -1.409
202006 -0.910 127.000 -1.177
202009 -0.820 130.118 -1.035
202012 -0.650 130.889 -0.816
202103 -1.510 131.771 -1.882
202106 -0.970 134.084 -1.188
202109 -0.950 135.847 -1.149
202112 -0.350 138.161 -0.416
202203 2.250 138.822 2.662
202206 0.010 142.347 0.012
202209 0.280 144.661 0.318
202212 0.250 145.763 0.282
202303 0.980 146.865 1.096
202306 0.220 150.280 0.240
202309 0.400 151.492 0.434
202312 -0.260 152.924 -0.279
202403 -0.030 153.035 -0.032
202406 0.190 155.789 0.200
202409 0.060 157.882 0.062
202412 0.090 158.323 0.093
202503 0.240 157.552 0.250
202506 0.240 159.755 0.247
202509 0.350 162.289 0.354
202512 0.240 163.281 0.241
202603 0.540 164.272 0.540

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 ₹7.62 mean?
Shalimar Wires Industries (BOM:532455) has a E10 of ₹7.62 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shalimar Wires Industries and its competitors.
Is Shalimar Wires Industries' E10 too high?
Shalimar Wires Industries' current E10 is ₹7.62. Overall, Shalimar Wires Industries has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shalimar Wires Industries' E10 compare to competitors?
Shalimar Wires Industries' E10 of ₹7.62 can be compared against companies in the Forest 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 a Forest Products company?
A good E10 depends on the Forest 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 Shalimar Wires Industries and its competitors. Shalimar Wires Industries's current E10 is ₹7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shalimar Wires Industries stock overvalued right now?
Based on GuruFocus' analysis, Shalimar Wires Industries (BOM:532455) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹23.98, compared to a current price of ₹21.01 — trading 12.4% below its estimated fair value. The current E10 is ₹7.62. Shalimar Wires Industries' overall GF Score™ is 64/100 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 Shalimar Wires Industries (BOM:532455), the current E10 is ₹7.62 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 Shalimar Wires Industries (BOM:532455) Overvalued in 2026?

Based on GuruFocus' analysis, Shalimar Wires Industries stock appears to be undervalued. The current stock price of ₹21.01 is trading 12.4% below its estimated GF Value™ of ₹23.98. GuruFocus considers Shalimar Wires Industries to be Modestly Undervalued.

Key valuation signals for BOM:532455:

  • E10: ₹7.62
  • GF Value™: ₹23.98 vs. price of ₹21.01 (12.4% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the BOM:532455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shalimar Wires Industries Business Description

Address 25, Ganesh Chandra Avenue, 2nd Floor, Kolkata, WB, IND, 700013
Shalimar Wires Industries Ltd manufactures paper mill products. The product portfolio of the company includes Forming Fabric, Metallic Wire Cloth, Dandy Roll, Synthetic Woven Fabrics, and Accessories etc. The company also provides stainless steel sieve mesh used in cylinder mould paper machines, fiber cement mills, and pulp mills.
64GF Score

Get the complete analysis for BOM:532455

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

₹21.01
Price
₹23.98
GF Value