Jai Balaji Industries (BOM:532976) E10: ₹2.59 (As of Mar. 2026)


BOM:532976 Jai Balaji Industries Ltd BOM:532976
68 GF Score
Price ₹70.32
GF Value ₹117.88
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Jai Balaji Industries E10?

Jai Balaji Industries BOM:532976 +3.75% 68 E10 is ₹2.59 as of Mar. 2026. GuruFocus rates BOM:532976 with a GF Score™ of 68/100 and a GF Value™ of ₹117.88 (Significantly Undervalued). The stock has 2 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.

Jai Balaji Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.59 for the trailing ten years ended in Mar. 2026.

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 (2026-07-05), Jai Balaji Industries's current stock price is ₹70.32. Jai Balaji Industries's E10 for the quarter that ended in Mar. 2026 was ₹2.59. Jai Balaji Industries's Shiller PE Ratio of today is 27.15.

During the past 13 years, the highest Shiller PE Ratio of Jai Balaji Industries was 37.45. The lowest was 21.36. And the median was 26.50.


Jai Balaji Industries  (BOM:532976) 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.

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

Shiller PE Ratio=Share Price/E10
=70.32/2.59
=27.15

* 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 Jai Balaji Industries was 37.45. The lowest was 21.36. And the median was 26.50.


Be Aware

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


Jai Balaji Industries E10 Related Terms


Jai Balaji Industries E10 Historical Data

* Premium members only.

The historical data trend for Jai Balaji 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.

Jai Balaji Industries E10 Chart

Jai Balaji 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 0.00 0.00 0.00 0.00 2.59

Jai Balaji 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 0.00 0.00 2.68 2.63 2.59

BOM:532976 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Jai Balaji 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.


Jai Balaji Industries Shiller PE Ratio vs Steel Industry

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

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


BOM:532976
68GF Score
Jai Balaji Industries Ltd BOM:532976
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jai Balaji 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, Jai Balaji 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)
=0.23/164.2724*164.2724
=0.230

Current CPI (Mar. 2026) = 164.2724.

Jai Balaji Industries Quarterly Data

per share eps CPI Adj_EPS
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201206 0.000 79.567 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201809 -0.852 115.142 -1.216
201812 0.008 115.142 0.011
201903 -1.610 118.202 -2.238
201906 -0.382 120.880 -0.519
201909 -0.660 123.175 -0.880
201912 -0.370 126.235 -0.481
202003 -0.850 124.705 -1.120
202006 -1.570 127.000 -2.031
202009 -0.408 130.118 -0.515
202012 0.250 130.889 0.314
202103 0.356 131.771 0.444
202106 0.408 134.084 0.500
202109 0.128 135.847 0.155
202112 0.216 138.161 0.257
202203 0.120 138.822 0.142
202206 0.390 142.347 0.450
202209 0.170 144.661 0.193
202212 0.316 145.763 0.356
202303 -0.252 146.865 -0.282
202306 1.922 150.280 2.101
202309 2.244 151.492 2.433
202312 0.528 152.924 0.567
202403 3.336 153.035 3.581
202406 11.760 155.789 12.400
202409 1.680 157.882 1.748
202412 1.320 158.323 1.370
202503 0.830 157.552 0.865
202506 0.770 159.755 0.792
202509 0.290 162.289 0.294
202512 0.130 163.281 0.131
202603 0.230 164.272 0.230

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 ₹2.59 mean?
Jai Balaji Industries (BOM:532976) has a E10 of ₹2.59 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Jai Balaji Industries and its competitors.
Is Jai Balaji Industries' E10 too high?
Jai Balaji Industries' current E10 is ₹2.59. Overall, Jai Balaji Industries has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jai Balaji Industries' E10 compare to NUE and STLD?
Jai Balaji Industries' E10 of ₹2.59 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Jai Balaji Industries and its competitors. Jai Balaji Industries's current E10 is ₹2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jai Balaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Jai Balaji Industries (BOM:532976) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹117.88, compared to a current price of ₹70.32 — trading 40.3% below its estimated fair value. The current E10 is ₹2.59. Jai Balaji Industries' overall GF Score™ is 68/100 with 2 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 Jai Balaji Industries (BOM:532976), the current E10 is ₹2.59 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 Jai Balaji Industries (BOM:532976) Overvalued in 2026?

Based on GuruFocus' analysis, Jai Balaji Industries stock appears to be undervalued. The current stock price of ₹70.32 is trading 40.3% below its estimated GF Value™ of ₹117.88. GuruFocus considers Jai Balaji Industries to be Significantly Undervalued.

Key valuation signals for BOM:532976:

  • E10: ₹2.59
  • GF Value™: ₹117.88 vs. price of ₹70.32 (40.3% below fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the BOM:532976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jai Balaji Industries Business Description

Other Exchanges JAIBALAJI:India
Address 5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001
Jai Balaji Industries Ltd is an India-based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.
68GF Score

Get the complete analysis for BOM:532976

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

₹70.32
Price
₹117.88
GF Value