Kiri Industries (BOM:532967) E10: ₹154.43 (As of Mar. 2026)


BOM:532967 Kiri Industries Ltd BOM:532967
70 GF Score
Price ₹382.00
GF Value ₹368.41
Valuation Fairly Valued
! 5 Warning Signs
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What is Kiri Industries E10?

Kiri Industries BOM:532967 +0.42% 70 E10 is ₹154.43 as of Mar. 2026. GuruFocus rates BOM:532967 with a GF Score™ of 70/100 and a GF Value™ of ₹368.41 (Fairly Valued). 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.

Kiri Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹80.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹154.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kiri Industries's average E10 Growth Rate was 105.20% per year. During the past 3 years, the average E10 Growth Rate was 24.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Kiri Industries was 24.20% per year. The lowest was -3.20% per year. And the median was 10.50% per year.

As of today (2026-07-06), Kiri Industries's current stock price is ₹382.00. Kiri Industries's E10 for the quarter that ended in Mar. 2026 was ₹154.43. Kiri Industries's Shiller PE Ratio of today is 2.47.

During the past 13 years, the highest Shiller PE Ratio of Kiri Industries was 8.81. The lowest was 2.38. And the median was 5.13.


Kiri Industries  (BOM:532967) 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.

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

Shiller PE Ratio=Share Price/E10
=382.00/154.43
=2.47

* 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 Kiri Industries was 8.81. The lowest was 2.38. And the median was 5.13.


Be Aware

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


Kiri Industries E10 Related Terms


Kiri Industries E10 Historical Data

* Premium members only.

The historical data trend for Kiri 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.

Kiri Industries E10 Chart

Kiri 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 83.10 80.51 78.22 75.26 154.43

Kiri 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 75.26 72.25 71.01 147.39 154.43

BOM:532967 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Kiri 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.


Kiri Industries Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kiri Industries's Shiller PE Ratio distribution charts can be found below:

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


BOM:532967
70GF Score
Kiri Industries Ltd BOM:532967
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kiri 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, Kiri 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)
=80.64/164.2724*164.2724
=80.640

Current CPI (Mar. 2026) = 164.2724.

Kiri Industries Quarterly Data

per share eps CPI Adj_EPS
201606 24.800 105.961 38.448
201609 39.049 105.961 60.538
201612 12.030 105.196 18.786
201703 14.650 105.196 22.877
201706 22.900 107.109 35.122
201709 20.450 109.021 30.814
201712 9.130 109.404 13.709
201803 26.120 109.786 39.083
201806 16.640 111.317 24.556
201809 21.650 115.142 30.888
201812 -2.760 115.142 -3.938
201903 -8.200 118.202 -11.396
201906 2.430 120.880 3.302
201909 22.020 123.175 29.367
201912 26.400 126.235 34.355
202003 33.287 124.705 43.849
202006 -17.170 127.000 -22.209
202009 8.710 130.118 10.996
202012 19.520 130.889 24.499
202103 34.572 131.771 43.099
202106 17.470 134.084 21.403
202109 19.520 135.847 23.604
202112 20.450 138.161 24.315
202203 16.000 138.822 18.933
202206 10.320 142.347 11.910
202209 11.700 144.661 13.286
202212 10.420 145.763 11.743
202303 -11.770 146.865 -13.165
202306 -0.490 150.280 -0.536
202309 3.630 151.492 3.936
202312 25.960 152.924 27.886
202403 -1.970 153.035 -2.115
202406 17.790 155.789 18.759
202409 15.491 157.882 16.118
202412 26.450 158.323 27.444
202503 -15.370 157.552 -16.026
202506 1.750 159.755 1.799
202509 3.273 162.289 3.313
202512 799.470 163.281 804.325
202603 80.640 164.272 80.640

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 ₹154.43 mean?
Kiri Industries (BOM:532967) has a E10 of ₹154.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kiri Industries and its competitors.
Is Kiri Industries' E10 too high?
Kiri Industries' current E10 is ₹154.43. Overall, Kiri Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kiri Industries' E10 compare to LIN and SHW?
Kiri Industries' E10 of ₹154.43 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Kiri Industries and its competitors. Kiri Industries's current E10 is ₹154.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiri Industries stock overvalued right now?
Based on GuruFocus' analysis, Kiri Industries (BOM:532967) is currently considered Fairly Valued. The stock's GF Value™ is ₹368.41, compared to a current price of ₹382.00 — trading 3.7% above its estimated fair value. The current E10 is ₹154.43. Kiri Industries' overall GF Score™ is 70/100 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 Kiri Industries (BOM:532967), the current E10 is ₹154.43 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 Kiri Industries (BOM:532967) Overvalued in 2026?

Based on GuruFocus' analysis, Kiri Industries stock appears to be overvalued. The current stock price of ₹382.00 is trading 3.7% above its estimated GF Value™ of ₹368.41. GuruFocus considers Kiri Industries to be Fairly Valued.

Key valuation signals for BOM:532967:

  • E10: ₹154.43
  • GF Value™: ₹368.41 vs. price of ₹382.00 (3.7% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the BOM:532967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kiri Industries Business Description

Other Exchanges KIRIINDUS:India
Address Hasubhai Chambers, 7th Floor, Opposite Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Kiri Industries Ltd is a company that manufactures and exports a wide range of dyes, intermediates, and chemicals. It provides products and services across the entire value chain in numerous industrial sectors such as apparel, hosiery, automotive, carpets, leather, home upholstery, and industrial fabrics. Its dye products include reactive dyes, acid dyes, and direct dyes. The intermediates section contains sulfuric acid, sulpho Tobias acid, pentose, and sulpho gamma acid. The basic chemicals include chlorosulfonic acid, sulfuric acid, oleum, and spent sulfuric acid. The company has a business presence in both the Indian and international markets, with the majority of its revenue generated from India.
70GF Score

Get the complete analysis for BOM:532967

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

₹382.00
Price
₹368.41
GF Value