Parag Milk Food (BOM:539889) E10: ₹2.18 (As of Mar. 2026)

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BOM:539889 Parag Milk Food Ltd BOM:539889
79 GF Score
Price ₹214.45
GF Value ₹245.26
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Parag Milk Food E10?

Parag Milk Food BOM:539889 -0.33% 79 E10 is ₹2.18 as of Mar. 2026. GuruFocus rates BOM:539889 with a GF Score™ of 79/100 and a GF Value™ of ₹245.26 (Modestly 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.

Parag Milk Food's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Parag Milk Food's average E10 Growth Rate was 1.90% 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 (2026-07-27), Parag Milk Food's current stock price is ₹214.45. Parag Milk Food's E10 for the quarter that ended in Mar. 2026 was ₹2.18. Parag Milk Food's Shiller PE Ratio of today is 98.37.

During the past 13 years, the highest Shiller PE Ratio of Parag Milk Food was 220.08. The lowest was 72.57. And the median was 116.52.


Parag Milk Food  (BOM:539889) 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.

Parag Milk Food's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=214.45/2.18
=98.37

* 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 Parag Milk Food was 220.08. The lowest was 72.57. And the median was 116.52.


Be Aware

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


Parag Milk Food E10 Related Terms


Parag Milk Food E10 Historical Data

* Premium members only.

The historical data trend for Parag Milk Food'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.

Parag Milk Food E10 Chart

Parag Milk Food 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 1.27 2.14 2.18

Parag Milk Food 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 2.14 2.22 2.38 2.29 2.18

BOM:539889 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Parag Milk Food'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.


Parag Milk Food Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Parag Milk Food's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Parag Milk Food's Shiller PE Ratio falls into.


BOM:539889
79GF Score
Parag Milk Food Ltd BOM:539889
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parag Milk Food 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, Parag Milk Food'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)
=2.52/164.2724*164.2724
=2.520

Current CPI (Mar. 2026) = 164.2724.

Parag Milk Food Quarterly Data

per share eps CPI Adj_EPS
201606 1.220 105.961 1.891
201609 1.530 105.961 2.372
201612 -4.900 105.196 -7.652
201703 2.630 105.196 4.107
201706 1.250 107.109 1.917
201709 2.970 109.021 4.475
201712 3.040 109.404 4.565
201803 3.110 109.786 4.653
201806 3.360 111.317 4.958
201809 3.620 115.142 5.165
201812 3.660 115.142 5.222
201903 3.720 118.202 5.170
201906 3.280 120.880 4.457
201909 3.390 123.175 4.521
201912 3.280 126.235 4.268
202003 1.200 124.705 1.581
202006 0.380 127.000 0.492
202009 1.890 130.118 2.386
202012 1.330 130.889 1.669
202103 -1.150 131.771 -1.434
202106 1.810 134.084 2.218
202109 2.330 135.847 2.818
202112 2.000 138.161 2.378
202203 -63.250 138.822 -74.846
202206 1.070 142.347 1.235
202209 1.160 144.661 1.317
202212 0.860 145.763 0.969
202303 1.940 146.865 2.170
202306 1.780 150.280 1.946
202309 2.070 151.492 2.245
202312 2.790 152.924 2.997
202403 0.830 153.035 0.891
202406 2.280 155.789 2.404
202409 2.340 157.882 2.435
202412 2.890 158.323 2.999
202503 2.100 157.552 2.190
202506 2.190 159.755 2.252
202509 3.570 162.289 3.614
202512 2.290 163.281 2.304
202603 2.520 164.272 2.520

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 ₹2.18 mean?
Parag Milk Food (BOM:539889) has a E10 of ₹2.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Parag Milk Food and its competitors.
Is Parag Milk Food's E10 too high?
Parag Milk Food's current E10 is ₹2.18. Overall, Parag Milk Food has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Parag Milk Food's E10 compare to KHC and GIS?
Parag Milk Food's E10 of ₹2.18 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Parag Milk Food and its competitors. Parag Milk Food's current E10 is ₹2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parag Milk Food stock overvalued right now?
Based on GuruFocus' analysis, Parag Milk Food (BOM:539889) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹245.26, compared to a current price of ₹214.45 — trading 12.6% below its estimated fair value. The current E10 is ₹2.18. Parag Milk Food's overall GF Score™ is 79/100 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 Parag Milk Food (BOM:539889), the current E10 is ₹2.18 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 Parag Milk Food (BOM:539889) Overvalued in 2026?

Based on GuruFocus' analysis, Parag Milk Food stock appears to be undervalued. The current stock price of ₹214.45 is trading 12.6% below its estimated GF Value™ of ₹245.26. GuruFocus considers Parag Milk Food to be Modestly Undervalued.

Key valuation signals for BOM:539889:

  • E10: ₹2.18
  • GF Value™: ₹245.26 vs. price of ₹214.45 (12.6% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the BOM:539889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Parag Milk Food Business Description

Other Exchanges PARAGMILK:India
Address Nariman Point, 10th Floor Nirmal Building, Mumbai, MH, IND, 400021
Parag Milk Food Ltd is an India based company engaged in manufacturing, trading, and processing of milk and milk products. The products offered by the company are milk, cheese, butter, ghee, fresh cream, milk powder, flavoured milk, lassi, whey protein powder, curd, and other related products. The company markets its products under the brands Gowardhan, Go, Topp up and PRIDE OF COWS. It sells its products in India, and also exports internationally, of which majority of the sales revenue is generated within India.
79GF Score

Get the complete analysis for BOM:539889

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

₹214.45
Price
₹245.26
GF Value