ACI Formulations (DHA:ACIFORMULA) E10: BDT6.00 (As of Mar. 2026)

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DHA:ACIFORMULA ACI Formulations PLC DHA:ACIFORMULA
88 GF Score
Price BDT172.00
GF Value BDT149.48
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is ACI Formulations E10?

ACI Formulations DHA:ACIFORMULA +1.42% 88 E10 is BDT6.00 as of Mar. 2026. GuruFocus rates DHA:ACIFORMULA with a GF Score™ of 88/100 and a GF Value™ of BDT149.48 (Modestly Overvalued). The stock has 8 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.

ACI Formulations's adjusted earnings per share data for the three months ended in Mar. 2026 was BDT1.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT6.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ACI Formulations's average E10 Growth Rate was 4.70% 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), ACI Formulations's current stock price is BDT172.00. ACI Formulations's E10 for the quarter that ended in Mar. 2026 was BDT6.00. ACI Formulations's Shiller PE Ratio of today is 28.67.

During the past 13 years, the highest Shiller PE Ratio of ACI Formulations was 32.86. The lowest was 20.28. And the median was 24.86.


ACI Formulations  (DHA:ACIFORMULA) 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.

ACI Formulations's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=172.00/6.00
=28.67

* 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 ACI Formulations was 32.86. The lowest was 20.28. And the median was 24.86.


Be Aware

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


ACI Formulations E10 Related Terms


ACI Formulations E10 Historical Data

* Premium members only.

The historical data trend for ACI Formulations'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.

ACI Formulations E10 Chart

ACI Formulations Annual Data
Trend Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.98 5.09 5.48

ACI Formulations 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 5.73 5.48 5.72 6.05 6.00

DHA:ACIFORMULA vs CTVA, CF, MOS: E10 Comparison

For the Agricultural Inputs subindustry, ACI Formulations'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.


ACI Formulations Shiller PE Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, ACI Formulations's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ACI Formulations's Shiller PE Ratio falls into.


DHA:ACIFORMULA
88GF Score
ACI Formulations PLC DHA:ACIFORMULA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACI Formulations 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, ACI Formulations'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)
=1.76/330.2130*330.2130
=1.760

Current CPI (Mar. 2026) = 330.2130.

ACI Formulations Quarterly Data

per share eps CPI Adj_EPS
201603 1.324 238.132 1.836
201609 0.648 241.428 0.886
201612 3.010 241.432 4.117
201703 1.581 243.801 2.141
201706 0.332 244.955 0.448
201709 0.105 246.819 0.140
201712 2.057 246.524 2.755
201803 0.448 249.554 0.593
201806 -0.129 251.989 -0.169
201809 0.371 252.439 0.485
201812 1.724 251.233 2.266
201903 0.771 254.202 1.002
201906 -0.131 256.143 -0.169
201909 0.143 256.759 0.184
201912 0.971 256.974 1.248
202003 0.619 258.115 0.792
202006 0.225 257.797 0.288
202009 0.400 260.280 0.507
202012 1.960 260.474 2.485
202103 1.480 264.877 1.845
202106 0.670 271.696 0.814
202109 1.120 274.310 1.348
202112 2.590 278.802 3.068
202203 1.530 287.504 1.757
202206 -0.100 296.311 -0.111
202209 1.550 296.808 1.724
202212 2.490 296.797 2.770
202303 1.330 301.836 1.455
202306 -0.392 305.109 -0.424
202309 1.640 307.789 1.759
202312 2.700 306.746 2.907
202403 2.040 312.332 2.157
202406 0.494 314.175 0.519
202409 2.350 315.301 2.461
202412 4.400 315.605 4.604
202503 1.890 319.799 1.952
202506 -0.800 322.561 -0.819
202509 1.850 324.800 1.881
202512 4.640 324.054 4.728
202603 1.760 330.213 1.760

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 BDT6.00 mean?
ACI Formulations (DHA:ACIFORMULA) has a E10 of BDT6.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ACI Formulations and its competitors.
Is ACI Formulations' E10 too high?
ACI Formulations' current E10 is BDT6.00. Overall, ACI Formulations has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACI Formulations' E10 compare to CTVA and CF?
ACI Formulations' E10 of BDT6.00 can be compared against companies in the Agriculture 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 Agriculture company?
A good E10 depends on the Agriculture 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 ACI Formulations and its competitors. ACI Formulations's current E10 is BDT6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACI Formulations stock overvalued right now?
Based on GuruFocus' analysis, ACI Formulations (DHA:ACIFORMULA) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT149.48, compared to a current price of BDT172.00 — trading 15.1% above its estimated fair value. The current E10 is BDT6.00. ACI Formulations' overall GF Score™ is 88/100 with 8 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 ACI Formulations (DHA:ACIFORMULA), the current E10 is BDT6.00 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 ACI Formulations (DHA:ACIFORMULA) Overvalued in 2026?

Based on GuruFocus' analysis, ACI Formulations stock appears to be overvalued. The current stock price of BDT172.00 is trading 15.1% above its estimated GF Value™ of BDT149.48. GuruFocus considers ACI Formulations to be Modestly Overvalued.

Key valuation signals for DHA:ACIFORMULA:

  • E10: BDT6.00
  • GF Value™: BDT149.48 vs. price of BDT172.00 (15.1% above fair value)
  • GF Score™: 88/100 with 8 warning signs

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


ACI Formulations Business Description

Address ACI Centre, 245, Tejgaon Industrial Area, Dhaka, BGD, 1208
ACI Formulations PLC is engaged in the manufacturing and marketing of several agrochemical and consumer products. The company offers a complete range of cost-effective solutions for farmers through formulating and marketing insecticides, herbicides, fungicides, miticides, etc. Its businesses are Pharmaceuticals, Salt, Skincare & Antiseptics, Kitchen Care, Fabric Care, Surface Care, Herbal Care, Lavatory Care, and Others. The group's reportable segments are Crop Care and Public Health (CC & PH), which include manufacturing and selling crop care and public health products; Mosquito coil (M. Coil) includes manufacturing and selling mosquito coil products; Aerosol provides manufacturing and selling aerosol and air freshener products; and Paint covers manufacture and sell paint products.
88GF Score

Get the complete analysis for DHA:ACIFORMULA

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

BDT172.00
Price
BDT149.48
GF Value