Dhanashree Electronics (BOM:542679) E10: ₹2.33 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:542679 Dhanashree Electronics Ltd BOM:542679
73 GF Score
Price ₹134.00
GF Value ₹117.78
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Dhanashree Electronics E10?

Dhanashree Electronics BOM:542679 +4.48% 73 E10 is ₹2.33 as of Mar. 2026. GuruFocus rates BOM:542679 with a GF Score™ of 73/100 and a GF Value™ of ₹117.78 (Modestly Overvalued). The stock has 3 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.

Dhanashree Electronics's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dhanashree Electronics's average E10 Growth Rate was 11.00% 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 (2026-08-05), Dhanashree Electronics's current stock price is ₹134.00. Dhanashree Electronics's E10 for the quarter that ended in Mar. 2026 was ₹2.33. Dhanashree Electronics's Shiller PE Ratio of today is 57.51.

During the past 13 years, the highest Shiller PE Ratio of Dhanashree Electronics was 189.25. The lowest was 25.73. And the median was 72.33.


Dhanashree Electronics  (BOM:542679) 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.

Dhanashree Electronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=134.00/2.33
=57.51

* 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 Dhanashree Electronics was 189.25. The lowest was 25.73. And the median was 72.33.


Be Aware

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


Dhanashree Electronics E10 Related Terms


Dhanashree Electronics E10 Historical Data

* Premium members only.

The historical data trend for Dhanashree Electronics'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.

Dhanashree Electronics E10 Chart

Dhanashree Electronics 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 2.10 2.33

Dhanashree Electronics 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 2.10 2.19 2.27 2.31 2.33

BOM:542679 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Dhanashree Electronics'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.


Dhanashree Electronics Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dhanashree Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dhanashree Electronics's Shiller PE Ratio falls into.


BOM:542679
73GF Score
Dhanashree Electronics Ltd BOM:542679
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhanashree Electronics 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, Dhanashree Electronics'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)
=0.48/164.2724*164.2724
=0.480

Current CPI (Mar. 2026) = 164.2724.

Dhanashree Electronics Quarterly Data

per share eps CPI Adj_EPS
201606 0.312 105.961 0.484
201609 0.256 105.961 0.397
201612 0.285 105.196 0.445
201703 0.818 105.196 1.277
201706 0.500 107.109 0.767
201709 0.350 109.021 0.527
201712 0.260 109.404 0.390
201803 0.620 109.786 0.928
201806 0.280 111.317 0.413
201809 0.350 115.142 0.499
201812 0.290 115.142 0.414
201903 0.910 118.202 1.265
201906 0.350 120.880 0.476
201909 0.410 123.175 0.547
201912 0.420 126.235 0.547
202003 0.690 124.705 0.909
202006 -0.590 127.000 -0.763
202009 0.890 130.118 1.124
202012 0.300 130.889 0.377
202103 0.570 131.771 0.711
202106 0.140 134.084 0.172
202109 0.470 135.847 0.568
202112 0.480 138.161 0.571
202203 0.290 138.822 0.343
202206 0.460 142.347 0.531
202209 0.400 144.661 0.454
202212 0.400 145.763 0.451
202303 0.640 146.865 0.716
202306 0.370 150.280 0.404
202309 0.590 151.492 0.640
202312 0.530 152.924 0.569
202403 1.270 153.035 1.363
202406 0.270 155.789 0.285
202409 0.410 157.882 0.427
202412 0.730 158.323 0.757
202503 1.040 157.552 1.084
202506 0.740 159.755 0.761
202509 0.520 162.289 0.526
202512 0.500 163.281 0.503
202603 0.480 164.272 0.480

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 ₹2.33 mean?
Dhanashree Electronics (BOM:542679) has a E10 of ₹2.33 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dhanashree Electronics and its competitors.
Is Dhanashree Electronics' E10 too high?
Dhanashree Electronics' current E10 is ₹2.33. Overall, Dhanashree Electronics has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dhanashree Electronics' E10 compare to VRT and BE?
Dhanashree Electronics' E10 of ₹2.33 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Dhanashree Electronics and its competitors. Dhanashree Electronics's current E10 is ₹2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanashree Electronics stock overvalued right now?
Based on GuruFocus' analysis, Dhanashree Electronics (BOM:542679) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹117.78, compared to a current price of ₹134.00 — trading 13.8% above its estimated fair value. The current E10 is ₹2.33. Dhanashree Electronics' overall GF Score™ is 73/100 with 3 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 Dhanashree Electronics (BOM:542679), the current E10 is ₹2.33 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 Dhanashree Electronics (BOM:542679) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanashree Electronics stock appears to be overvalued. The current stock price of ₹134.00 is trading 13.8% above its estimated GF Value™ of ₹117.78. GuruFocus considers Dhanashree Electronics to be Modestly Overvalued.

Key valuation signals for BOM:542679:

  • E10: ₹2.33
  • GF Value™: ₹117.78 vs. price of ₹134.00 (13.8% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the BOM:542679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhanashree Electronics Business Description

Address Plot No. XI-16, Sector-V, Block EP and GP, Rashmi Building, Salt Lake Electronic Complex, Salt Lake City, Kolkata, WB, IND, 700091
Dhanashree Electronics Ltd is an India-based company engaged in the manufacturing and trading of electrical goods. It is engaged in lighting manufacturing, electrical goods marketing, installation services, professional audio, recording studio, and others. The company's product portfolio includes home lighting solutions, retail, and office solutions, outdoor and industrial solutions, LED garden lights and solar light solutions, Three-blade fan bulbs, Mosquito LED bulbs, and others.
73GF Score

Get the complete analysis for BOM:542679

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

₹134.00
Price
₹117.78
GF Value