Marico Bangladesh (DHA:MARICO) E10: BDT128.21 (As of Mar. 2026)


DHA:MARICO Marico Bangladesh Ltd DHA:MARICO
100 GF Score
Price BDT2,755.70
GF Value BDT3,279.19
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Marico Bangladesh E10?

Marico Bangladesh DHA:MARICO +0.30% 100 E10 is BDT128.21 as of Mar. 2026. GuruFocus rates DHA:MARICO with a GF Score™ of 100/100 and a GF Value™ of BDT3,279.19 (Modestly Undervalued). The stock has 7 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.

Marico Bangladesh's adjusted earnings per share data for the three months ended in Mar. 2026 was BDT48.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT128.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Marico Bangladesh's average E10 Growth Rate was 16.60% 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 (2026-06-27), Marico Bangladesh's current stock price is BDT2755.70. Marico Bangladesh's E10 for the quarter that ended in Mar. 2026 was BDT128.21. Marico Bangladesh's Shiller PE Ratio of today is 21.49.

During the past 13 years, the highest Shiller PE Ratio of Marico Bangladesh was 25.47. The lowest was 20.44. And the median was 22.35.


Marico Bangladesh  (DHA:MARICO) 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.

Marico Bangladesh's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2755.70/128.21
=21.49

* 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 Marico Bangladesh was 25.47. The lowest was 20.44. And the median was 22.35.


Be Aware

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


Marico Bangladesh E10 Related Terms


Marico Bangladesh E10 Historical Data

* Premium members only.

The historical data trend for Marico Bangladesh'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.

Marico Bangladesh E10 Chart

Marico Bangladesh 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 97.85 109.94 128.21

Marico Bangladesh 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 109.94 115.11 119.05 122.12 128.21

DHA:MARICO vs PG, CL, KVUE: E10 Comparison

For the Household & Personal Products subindustry, Marico Bangladesh'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.


Marico Bangladesh Shiller PE Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Marico Bangladesh's Shiller PE Ratio falls into.


DHA:MARICO
100GF Score
Marico Bangladesh Ltd DHA:MARICO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marico Bangladesh 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, Marico Bangladesh'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)
=48/330.2130*330.2130
=48.000

Current CPI (Mar. 2026) = 330.2130.

Marico Bangladesh Quarterly Data

per share eps CPI Adj_EPS
201606 14.170 241.018 19.414
201609 13.610 241.428 18.615
201612 10.180 241.432 13.923
201703 7.680 243.801 10.402
201706 15.710 244.955 21.178
201709 14.490 246.819 19.386
201712 11.180 246.524 14.975
201803 10.763 249.554 14.242
201806 17.620 251.989 23.090
201809 15.300 252.439 20.014
201812 16.470 251.233 21.648
201903 14.840 254.202 19.277
201906 26.950 256.143 34.743
201909 21.240 256.759 27.316
201912 19.680 256.974 25.289
202003 16.130 258.115 20.636
202006 31.640 257.797 40.528
202009 25.030 260.280 31.755
202012 22.680 260.474 28.752
202103 19.334 264.877 24.103
202106 34.290 271.696 41.675
202109 28.450 274.310 34.248
202112 27.350 278.802 32.393
202203 22.737 287.504 26.115
202206 32.670 296.311 36.408
202209 30.850 296.808 34.322
202212 30.930 296.797 34.412
202303 28.480 301.836 31.158
202306 42.180 305.109 45.651
202309 37.110 307.789 39.814
202312 34.930 306.746 37.602
202403 32.009 312.332 33.842
202406 54.780 314.175 57.576
202409 46.520 315.301 48.720
202412 44.340 315.605 46.392
202503 41.840 319.799 43.202
202506 61.770 322.561 63.235
202509 48.750 324.800 49.562
202512 47.570 324.054 48.474
202603 48.000 330.213 48.000

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 BDT128.21 mean?
Marico Bangladesh (DHA:MARICO) has a E10 of BDT128.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marico Bangladesh and its competitors.
Is Marico Bangladesh's E10 too high?
Marico Bangladesh's current E10 is BDT128.21. Overall, Marico Bangladesh has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marico Bangladesh's E10 compare to PG and CL?
Marico Bangladesh's E10 of BDT128.21 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 Marico Bangladesh and its competitors. Marico Bangladesh's current E10 is BDT128.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marico Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Marico Bangladesh (DHA:MARICO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT3,279.19, compared to a current price of BDT2,755.70 — trading 16% below its estimated fair value. The current E10 is BDT128.21. Marico Bangladesh's overall GF Score™ is 100/100 with 7 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 Marico Bangladesh (DHA:MARICO), the current E10 is BDT128.21 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 Marico Bangladesh (DHA:MARICO) Overvalued in 2026?

Based on GuruFocus' analysis, Marico Bangladesh stock appears to be undervalued. The current stock price of BDT2,755.70 is trading 16% below its estimated GF Value™ of BDT3,279.19. GuruFocus considers Marico Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:MARICO:

  • E10: BDT128.21
  • GF Value™: BDT3,279.19 vs. price of BDT2,755.70 (16% below fair value)
  • GF Score™: 100/100 with 7 warning signs

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


Marico Bangladesh Business Description

Address Gulshan Avenue, The Glass House, Level-06, Plot. 02, Block. SE (B), Dhaka, BGD, 1212
Marico Bangladesh Ltd is engaged in the manufacturing and marketing of various fast-moving consumer goods in Bangladesh. The company provides products like Hair dye, Baby care, Male grooming, Skincare, and Hair serum products, among others. Its product portfolio include brands like Parachute, Parachute Advansed, Just For Baby, Nihar, Parachute SkinPure, Parachute Naturale, Saffola Active, HairCode, and Livon. The company generates its revenue from products like Parachute coconut oil, value-added hair oil, color products, and others, with the majority of revenue coming from Parachute coconut oil.
100GF Score

Get the complete analysis for DHA:MARICO

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

BDT2,755.70
Price
BDT3,279.19
GF Value