Lesha Industries (BOM:533602) E10: ₹0.03 (As of Mar. 2026)


BOM:533602 Lesha Industries Ltd BOM:533602
55 GF Score
Price ₹0.78
GF Value ₹0.99
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Lesha Industries E10?

Lesha Industries BOM:533602 55 E10 is ₹0.03 as of Mar. 2026. GuruFocus rates BOM:533602 with a GF Score™ of 55/100 and a GF Value™ of ₹0.99 (Modestly Undervalued). The stock has 4 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.

Lesha Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lesha Industries's average E10 Growth Rate was 50.00% 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.

As of today (2026-07-05), Lesha Industries's current stock price is ₹0.78. Lesha Industries's E10 for the quarter that ended in Mar. 2026 was ₹0.03. Lesha Industries's Shiller PE Ratio of today is 26.00.

During the past 13 years, the highest Shiller PE Ratio of Lesha Industries was 316.92. The lowest was 18.25. And the median was 58.50.


Lesha Industries  (BOM:533602) 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.

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

Shiller PE Ratio=Share Price/E10
=0.78/0.03
=26.00

* 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 Lesha Industries was 316.92. The lowest was 18.25. And the median was 58.50.


Be Aware

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


Lesha Industries E10 Related Terms


Lesha Industries E10 Historical Data

* Premium members only.

The historical data trend for Lesha 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.

Lesha Industries E10 Chart

Lesha 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 -0.08 -0.06 0.01 0.02 0.03

Lesha 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 0.02 0.03 0.03 0.04 0.03

BOM:533602 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Lesha 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.


Lesha Industries Shiller PE Ratio vs Steel Industry

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

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


BOM:533602
55GF Score
Lesha Industries Ltd BOM:533602
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lesha 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, Lesha 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)
=-0.001/164.2724*164.2724
=-0.001

Current CPI (Mar. 2026) = 164.2724.

Lesha Industries Quarterly Data

per share eps CPI Adj_EPS
201606 -0.032 105.961 -0.050
201609 -0.003 105.961 -0.005
201612 -0.003 105.196 -0.005
201703 -0.004 105.196 -0.006
201706 -0.031 107.109 -0.048
201709 -0.008 109.021 -0.012
201712 -0.038 109.404 -0.057
201803 -0.022 109.786 -0.033
201806 -0.041 111.317 -0.061
201809 -0.024 115.142 -0.034
201812 -0.028 115.142 -0.040
201903 0.042 118.202 0.058
201906 0.062 120.880 0.084
201909 -0.038 123.175 -0.051
201912 -0.038 126.235 -0.049
202003 -0.023 124.705 -0.030
202006 -0.042 127.000 -0.054
202009 0.008 130.118 0.010
202012 0.069 130.889 0.087
202103 -0.005 131.771 -0.006
202106 0.002 134.084 0.002
202109 0.005 135.847 0.006
202112 0.001 138.161 0.001
202203 -0.007 138.822 -0.008
202206 0.023 142.347 0.027
202209 0.008 144.661 0.009
202212 0.002 145.763 0.002
202303 -0.019 146.865 -0.021
202306 0.438 150.280 0.479
202309 0.002 151.492 0.002
202312 0.031 152.924 0.033
202403 0.034 153.035 0.036
202406 0.015 155.789 0.016
202409 0.001 157.882 0.001
202412 0.002 158.323 0.002
202503 0.008 157.552 0.008
202506 0.001 159.755 0.001
202509 0.003 162.289 0.003
202512 0.003 163.281 0.003
202603 -0.001 164.272 -0.001

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 ₹0.03 mean?
Lesha Industries (BOM:533602) has a E10 of ₹0.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Lesha Industries and its competitors.
Is Lesha Industries' E10 too high?
Lesha Industries' current E10 is ₹0.03. Overall, Lesha Industries has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lesha Industries' E10 compare to NUE and STLD?
Lesha Industries' E10 of ₹0.03 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 Lesha Industries and its competitors. Lesha Industries's current E10 is ₹0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lesha Industries stock overvalued right now?
Based on GuruFocus' analysis, Lesha Industries (BOM:533602) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.99, compared to a current price of ₹0.78 — trading 21.2% below its estimated fair value. The current E10 is ₹0.03. Lesha Industries' overall GF Score™ is 55/100 with 4 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 Lesha Industries (BOM:533602), the current E10 is ₹0.03 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 Lesha Industries (BOM:533602) Overvalued in 2026?

Based on GuruFocus' analysis, Lesha Industries stock appears to be undervalued. The current stock price of ₹0.78 is trading 21.2% below its estimated GF Value™ of ₹0.99. GuruFocus considers Lesha Industries to be Modestly Undervalued.

Key valuation signals for BOM:533602:

  • E10: ₹0.03
  • GF Value™: ₹0.99 vs. price of ₹0.78 (21.2% below fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the BOM:533602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lesha Industries Business Description

Address Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006
Lesha Industries Ltd is an Indian based company engaged in the trading of various steel products, trading of goods, and dealing in Shares and securities. It earns revenue mainly from the sale of Steel products and Trading in goods. The business activities of the group are functioned through the segments, which include Steel, Trading of Goods, and Others. Geographically, activities are conducted through the region of India, and it derives the majority of the revenue from the trading of steel trading segment.
55GF Score

Get the complete analysis for BOM:533602

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

₹0.78
Price
₹0.99
GF Value