IGC Industries (BOM:539449) E10: ₹-1.11 (As of Jun. 2026)

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BOM:539449 IGC Industries Ltd BOM:539449
23 GF Score
Price ₹2.15
! 2 Warning Signs
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What is IGC Industries E10?

IGC Industries BOM:539449 +1.90% 23 E10 is ₹-1.11 as of Jun. 2026. GuruFocus rates BOM:539449 with a GF Score™ of 23/100. 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.

IGC Industries's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹-4.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-1.11 for the trailing ten years ended in Jun. 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 (2026-07-30), IGC Industries's current stock price is ₹2.15. IGC Industries's E10 for the quarter that ended in Jun. 2026 was ₹-1.11. IGC Industries's Shiller PE Ratio of today is .


IGC Industries  (BOM:539449) 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.


Be Aware

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


IGC Industries E10 Related Terms


IGC Industries E10 Historical Data

* Premium members only.

The historical data trend for IGC 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.

IGC Industries E10 Chart

IGC 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 -0.63

IGC Industries 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 0.00 0.00 -0.55 -0.63 -1.11

BOM:539449 vs SYY, USFD, PFGC: E10 Comparison

For the Food Distribution subindustry, IGC 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.


IGC Industries Shiller PE Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, IGC Industries's Shiller PE Ratio distribution charts can be found below:

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


BOM:539449
23GF Score
IGC Industries Ltd BOM:539449
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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IGC 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, IGC Industries'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)
=-4.21/166.1454*166.1454
=-4.210

Current CPI (Jun. 2026) = 166.1454.

IGC Industries Quarterly Data

per share eps CPI Adj_EPS
201609 0.003 105.961 0.005
201612 -0.107 105.196 -0.169
201703 0.012 105.196 0.019
201706 0.012 107.109 0.019
201709 0.140 109.021 0.213
201712 0.148 109.404 0.225
201803 0.016 109.786 0.024
201806 -0.181 111.317 -0.270
201809 -0.185 115.142 -0.267
201812 -0.058 115.142 -0.084
201903 0.420 118.202 0.590
201906 -0.140 120.880 -0.192
201909 -0.350 123.175 -0.472
201912 -1.850 126.235 -2.435
202003 0.194 124.705 0.258
202006 -0.124 127.000 -0.162
202009 -0.239 130.118 -0.305
202012 -0.371 130.889 -0.471
202103 0.169 131.771 0.213
202106 -0.111 134.084 -0.138
202109 -0.231 135.847 -0.283
202112 -0.095 138.161 -0.114
202203 -0.177 138.822 -0.212
202206 -0.115 142.347 -0.134
202209 -0.058 144.661 -0.067
202212 -0.078 145.763 -0.089
202303 -0.074 146.865 -0.084
202306 -0.087 150.280 -0.096
202309 -0.040 151.492 -0.044
202312 -1.420 152.924 -1.543
202403 -0.042 153.035 -0.046
202406 0.000 155.789 0.000
202409 1.230 157.882 1.294
202412 -0.080 158.323 -0.084
202503 0.000 157.552 0.000
202506 0.000 159.755 0.000
202509 0.000 162.289 0.000
202512 -0.080 163.281 -0.081
202603 -0.760 164.272 -0.769
202606 -4.210 166.145 -4.210

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 ₹-1.11 mean?
IGC Industries (BOM:539449) has a E10 of ₹-1.11 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IGC Industries and its competitors.
Is IGC Industries' E10 too high?
IGC Industries' current E10 is ₹-1.11. Overall, IGC Industries has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does IGC Industries' E10 compare to SYY and USFD?
IGC Industries' E10 of ₹-1.11 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good E10 depends on the Retail - Defensive 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 IGC Industries and its competitors. IGC Industries's current E10 is ₹-1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGC Industries stock overvalued right now?
IGC Industries (BOM:539449) has a current E10 of ₹-1.11. The current E10 is ₹-1.11. IGC Industries' overall GF Score™ is 23/100 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 IGC Industries (BOM:539449), the current E10 is ₹-1.11 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.

IGC Industries Business Description

Address Cawasji Patel Road, Horniman Circle, 22-A, Floor-2, 30f, Vasudev Mansion, Fort, Kolkata, WB, IND, 400001
IGC Industries Ltd is an India-based company engaged in international trading and domestic processing of pulses, particularly Toor Dal and Chana Dal.
23GF Score

Get the complete analysis for BOM:539449

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

₹2.15
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