Granules India (BOM:532482) E10: ₹19.24 (As of Jun. 2026)

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BOM:532482 Granules India Ltd BOM:532482
81 GF Score
Price ₹841.65
GF Value ₹637.97
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Granules India E10?

Granules India BOM:532482 -0.48% 81 E10 is ₹19.24 as of Jun. 2026. GuruFocus rates BOM:532482 with a GF Score™ of 81/100 and a GF Value™ of ₹637.97 (Significantly Overvalued). 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.

Granules India's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹7.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹19.24 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Granules India's average E10 Growth Rate was 14.30% per year. During the past 3 years, the average E10 Growth Rate was 12.70% per year. During the past 5 years, the average E10 Growth Rate was 15.00% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Granules India was 16.10% per year. The lowest was 12.70% per year. And the median was 15.90% per year.

As of today (2026-07-30), Granules India's current stock price is ₹841.65. Granules India's E10 for the quarter that ended in Jun. 2026 was ₹19.24. Granules India's Shiller PE Ratio of today is 43.74.

During the past 13 years, the highest Shiller PE Ratio of Granules India was 49.91. The lowest was 21.24. And the median was 31.32.


Granules India  (BOM:532482) 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.

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

Shiller PE Ratio=Share Price/E10
=841.65/19.24
=43.74

* 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 Granules India was 49.91. The lowest was 21.24. And the median was 31.32.


Be Aware

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


Granules India E10 Related Terms


Granules India E10 Historical Data

* Premium members only.

The historical data trend for Granules 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.

Granules India E10 Chart

Granules 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 10.52 12.98 14.59 16.37 18.59

Granules India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.84 17.40 17.91 18.59 19.24

BOM:532482 vs ZTS: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Granules 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.


Granules India Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Granules India's Shiller PE Ratio distribution charts can be found below:

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


BOM:532482
81GF Score
Granules India Ltd BOM:532482
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granules 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, Granules India's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.12/166.1454*166.1454
=7.120

Current CPI (Jun. 2026) = 166.1454.

Granules India Quarterly Data

per share eps CPI Adj_EPS
201609 1.520 105.961 2.383
201612 1.770 105.196 2.796
201703 2.080 105.196 3.285
201706 1.600 107.109 2.482
201709 1.750 109.021 2.667
201712 1.380 109.404 2.096
201803 0.800 109.786 1.211
201806 2.030 111.317 3.030
201809 2.360 115.142 3.405
201812 2.360 115.142 3.405
201903 2.510 118.202 3.528
201906 3.270 120.880 4.495
201909 3.760 123.175 5.072
201912 2.510 126.235 3.304
202003 3.620 124.705 4.823
202006 4.360 127.000 5.704
202009 6.560 130.118 8.376
202012 5.900 130.889 7.489
202103 5.130 131.771 6.468
202106 4.830 134.084 5.985
202109 3.240 135.847 3.963
202112 4.050 138.161 4.870
202203 4.480 138.822 5.362
202206 5.130 142.347 5.988
202209 5.820 144.661 6.684
202212 5.100 145.763 5.813
202303 4.920 146.865 5.566
202306 1.980 150.280 2.189
202309 4.220 151.492 4.628
202312 5.180 152.924 5.628
202403 5.340 153.035 5.797
202406 5.560 155.789 5.930
202409 4.010 157.882 4.220
202412 4.850 158.323 5.090
202503 6.270 157.552 6.612
202506 4.640 159.755 4.826
202509 5.380 162.289 5.508
202512 6.190 163.281 6.299
202603 8.230 164.272 8.324
202606 7.120 166.145 7.120

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 ₹19.24 mean?
Granules India (BOM:532482) has a E10 of ₹19.24 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Granules India and its competitors.
Is Granules India's E10 too high?
Granules India's current E10 is ₹19.24. Overall, Granules India has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Granules India's E10 compare to ZTS?
Granules India's E10 of ₹19.24 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Granules India and its competitors. Granules India's current E10 is ₹19.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granules India stock overvalued right now?
Based on GuruFocus' analysis, Granules India (BOM:532482) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹637.97, compared to a current price of ₹841.65 — trading 31.9% above its estimated fair value. The current E10 is ₹19.24. Granules India's overall GF Score™ is 81/100 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 Granules India (BOM:532482), the current E10 is ₹19.24 as of Jun. 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 Granules India (BOM:532482) Overvalued in 2026?

Based on GuruFocus' analysis, Granules India stock appears to be overvalued. The current stock price of ₹841.65 is trading 31.9% above its estimated GF Value™ of ₹637.97. GuruFocus considers Granules India to be Significantly Overvalued.

Key valuation signals for BOM:532482:

  • E10: ₹19.24
  • GF Value™: ₹637.97 vs. price of ₹841.65 (31.9% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the BOM:532482 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Granules India Business Description

Other Exchanges GRANULES:India
Address Botanical Garden Road, 15th Floor, Granules Tower, Kondapur, Hyderabad, TG, IND, 500084
Granules India Ltd is an India-based pharmaceutical company. The company manufactures active pharmaceutical ingredients, pharmaceutical formulation intermediates, and finished dosages. It has one segment Pharmaceutical products including ingredients and intermediaries. Its primary geographic markets are North America, Latin America, Europe, India, and the Rest of the World. The company generates a majority of its revenue from its business outside India.
81GF Score

Get the complete analysis for BOM:532482

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

₹841.65
Price
₹637.97
GF Value