Argon Denims (DHA:ARGONDENIM) E10: BDT1.86 (As of Mar. 2026)


DHA:ARGONDENIM Argon Denims Ltd DHA:ARGONDENIM
87 GF Score
Price BDT20.30
GF Value BDT16.65
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Argon Denims E10?

Argon Denims DHA:ARGONDENIM +2.53% 87 E10 is BDT1.86 as of Mar. 2026. GuruFocus rates DHA:ARGONDENIM with a GF Score™ of 87/100 and a GF Value™ of BDT16.65 (Modestly Overvalued). The stock has 12 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.

Argon Denims's adjusted earnings per share data for the three months ended in Mar. 2026 was BDT0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT1.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Argon Denims's average E10 Growth Rate was -7.00% 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), Argon Denims's current stock price is BDT20.30. Argon Denims's E10 for the quarter that ended in Mar. 2026 was BDT1.86. Argon Denims's Shiller PE Ratio of today is 10.91.

During the past 11 years, the highest Shiller PE Ratio of Argon Denims was 10.91. The lowest was 6.95. And the median was 8.63.


Argon Denims  (DHA:ARGONDENIM) 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.

Argon Denims's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.30/1.86
=10.91

* 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 11 years, the highest Shiller P/E Ratio of Argon Denims was 10.91. The lowest was 6.95. And the median was 8.63.


Be Aware

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


Argon Denims E10 Related Terms


Argon Denims E10 Historical Data

* Premium members only.

The historical data trend for Argon Denims'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.

Argon Denims E10 Chart

Argon Denims Annual Data
Trend Dec14 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 0.00 2.04 1.99

Argon Denims 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 2.00 1.99 1.98 1.90 1.86

Argon Denims E10 Competitor Comparison

For the Textile Manufacturing subindustry, Argon Denims'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.


Argon Denims Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Argon Denims's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Argon Denims's Shiller PE Ratio falls into.


DHA:ARGONDENIM
87GF Score
Argon Denims Ltd DHA:ARGONDENIM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argon Denims 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, Argon Denims'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)
=0.22/330.2130*330.2130
=0.220

Current CPI (Mar. 2026) = 330.2130.

Argon Denims Quarterly Data

per share eps CPI Adj_EPS
201603 0.510 238.132 0.707
201609 0.642 241.428 0.878
201612 0.769 241.432 1.052
201703 0.795 243.801 1.077
201706 0.294 244.955 0.396
201709 0.786 246.819 1.052
201712 0.898 246.524 1.203
201803 0.803 249.554 1.063
201806 0.225 251.989 0.295
201809 0.700 252.439 0.916
201812 0.889 251.233 1.168
201903 0.662 254.202 0.860
201906 0.431 256.143 0.556
201909 0.680 256.759 0.875
201912 0.662 256.974 0.851
202003 0.276 258.115 0.353
202006 -0.206 257.797 -0.264
202009 0.260 260.280 0.330
202012 0.380 260.474 0.482
202103 0.420 264.877 0.524
202106 -0.355 271.696 -0.431
202109 -0.540 274.310 -0.650
202112 0.070 278.802 0.083
202203 0.470 287.504 0.540
202206 0.473 296.311 0.527
202209 0.190 296.808 0.211
202212 0.030 296.797 0.033
202303 0.210 301.836 0.230
202306 0.230 305.109 0.249
202309 0.290 307.789 0.311
202312 0.140 306.746 0.151
202403 0.140 312.332 0.148
202406 0.180 314.175 0.189
202409 0.450 315.301 0.471
202412 0.570 315.605 0.596
202503 0.400 319.799 0.413
202506 0.258 322.561 0.264
202509 0.550 324.800 0.559
202512 0.120 324.054 0.122
202603 0.220 330.213 0.220

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 BDT1.86 mean?
Argon Denims (DHA:ARGONDENIM) has a E10 of BDT1.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Argon Denims and its competitors.
Is Argon Denims' E10 too high?
Argon Denims' current E10 is BDT1.86. Overall, Argon Denims has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argon Denims' E10 compare to competitors?
Argon Denims' E10 of BDT1.86 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Argon Denims and its competitors. Argon Denims's current E10 is BDT1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argon Denims stock overvalued right now?
Based on GuruFocus' analysis, Argon Denims (DHA:ARGONDENIM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT16.65, compared to a current price of BDT20.30 — trading 21.9% above its estimated fair value. The current E10 is BDT1.86. Argon Denims' overall GF Score™ is 87/100 with 12 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 Argon Denims (DHA:ARGONDENIM), the current E10 is BDT1.86 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 Argon Denims (DHA:ARGONDENIM) Overvalued in 2026?

Based on GuruFocus' analysis, Argon Denims stock appears to be overvalued. The current stock price of BDT20.30 is trading 21.9% above its estimated GF Value™ of BDT16.65. GuruFocus considers Argon Denims to be Modestly Overvalued.

Key valuation signals for DHA:ARGONDENIM:

  • E10: BDT1.86
  • GF Value™: BDT16.65 vs. price of BDT20.30 (21.9% above fair value)
  • GF Score™: 87/100 with 12 warning signs

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


Argon Denims Business Description

Address 57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229
Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing, printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics, whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST, with casts and colors.
87GF Score

Get the complete analysis for DHA:ARGONDENIM

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

BDT20.30
Price
BDT16.65
GF Value