National Polymer Industries (DHA:NPOLYMER) E10: BDT2.12 (As of Mar. 2026)


DHA:NPOLYMER National Polymer Industries PLC DHA:NPOLYMER
68 GF Score
Price BDT33.30
GF Value BDT17.21
Valuation Significantly Overvalued
! 10 Warning Signs
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What is National Polymer Industries E10?

National Polymer Industries DHA:NPOLYMER 68 E10 is BDT2.12 as of Mar. 2026. GuruFocus rates DHA:NPOLYMER with a GF Score™ of 68/100 and a GF Value™ of BDT17.21 (Significantly Overvalued). The stock has 10 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.

National Polymer Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was BDT0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT2.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, National Polymer Industries's average E10 Growth Rate was -3.60% per year. During the past 3 years, the average E10 Growth Rate was 5.00% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of National Polymer Industries was 5.00% per year. The lowest was 5.00% per year. And the median was 5.00% per year.

As of today (2026-07-01), National Polymer Industries's current stock price is BDT33.30. National Polymer Industries's E10 for the quarter that ended in Mar. 2026 was BDT2.12. National Polymer Industries's Shiller PE Ratio of today is 15.71.

During the past 13 years, the highest Shiller PE Ratio of National Polymer Industries was 37.61. The lowest was 11.13. And the median was 19.22.


National Polymer Industries  (DHA:NPOLYMER) 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.

National Polymer Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=33.30/2.12
=15.71

* 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 National Polymer Industries was 37.61. The lowest was 11.13. And the median was 19.22.


Be Aware

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


National Polymer Industries E10 Related Terms


National Polymer Industries E10 Historical Data

* Premium members only.

The historical data trend for National Polymer Industries'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.

National Polymer Industries E10 Chart

National Polymer Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.84 1.97 2.17 2.13

National Polymer Industries 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 2.20 2.13 2.13 2.10 2.12

DHA:NPOLYMER vs TT, JCI, CARR: E10 Comparison

For the Building Products & Equipment subindustry, National Polymer Industries'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.


National Polymer Industries Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, National Polymer Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where National Polymer Industries's Shiller PE Ratio falls into.


DHA:NPOLYMER
68GF Score
National Polymer Industries PLC DHA:NPOLYMER
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Polymer Industries 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, National Polymer Industries'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)
=0.17/330.2130*330.2130
=0.170

Current CPI (Mar. 2026) = 330.2130.

National Polymer Industries Quarterly Data

per share eps CPI Adj_EPS
201606 0.173 241.018 0.237
201609 0.159 241.428 0.217
201612 0.423 241.432 0.579
201703 0.179 243.801 0.242
201706 0.414 244.955 0.558
201709 0.305 246.819 0.408
201712 0.073 246.524 0.098
201803 0.327 249.554 0.433
201806 0.610 251.989 0.799
201809 0.387 252.439 0.506
201812 0.399 251.233 0.524
201903 0.762 254.202 0.990
201906 0.558 256.143 0.719
201909 0.732 256.759 0.941
201912 0.877 256.974 1.127
202003 0.611 258.115 0.782
202006 0.268 257.797 0.343
202009 0.187 260.280 0.237
202012 0.568 260.474 0.720
202103 0.910 264.877 1.134
202106 1.003 271.696 1.219
202109 0.560 274.310 0.674
202112 0.710 278.802 0.841
202203 0.620 287.504 0.712
202206 1.029 296.311 1.147
202209 0.030 296.808 0.033
202212 0.050 296.797 0.056
202303 0.930 301.836 1.017
202306 1.080 305.109 1.169
202309 0.600 307.789 0.644
202312 0.410 306.746 0.441
202403 0.640 312.332 0.677
202406 0.630 314.175 0.662
202409 0.370 315.301 0.387
202412 0.010 315.605 0.010
202503 0.330 319.799 0.341
202506 -0.642 322.561 -0.657
202509 0.020 324.800 0.020
202512 0.060 324.054 0.061
202603 0.170 330.213 0.170

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 BDT2.12 mean?
National Polymer Industries (DHA:NPOLYMER) has a E10 of BDT2.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Polymer Industries and its competitors.
Is National Polymer Industries' E10 too high?
National Polymer Industries' current E10 is BDT2.12. Overall, National Polymer Industries has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Polymer Industries' E10 compare to TT and JCI?
National Polymer Industries' E10 of BDT2.12 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 National Polymer Industries and its competitors. National Polymer Industries's current E10 is BDT2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Polymer Industries stock overvalued right now?
Based on GuruFocus' analysis, National Polymer Industries (DHA:NPOLYMER) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT17.21, compared to a current price of BDT33.30 — trading 93.5% above its estimated fair value. The current E10 is BDT2.12. National Polymer Industries' overall GF Score™ is 68/100 with 10 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 National Polymer Industries (DHA:NPOLYMER), the current E10 is BDT2.12 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 National Polymer Industries (DHA:NPOLYMER) Overvalued in 2026?

Based on GuruFocus' analysis, National Polymer Industries stock appears to be overvalued. The current stock price of BDT33.30 is trading 93.5% above its estimated GF Value™ of BDT17.21. GuruFocus considers National Polymer Industries to be Significantly Overvalued.

Key valuation signals for DHA:NPOLYMER:

  • E10: BDT2.12
  • GF Value™: BDT17.21 vs. price of BDT33.30 (93.5% above fair value)
  • GF Score™: 68/100 with 10 warning signs

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


National Polymer Industries Business Description

Address GA-99/3, Pragati Shoroni, Npoly House, Middle Badda, Dhaka, BGD, 1212
National Polymer Industries PLC is engaged in manufacturing a wide range of plastic products for building, construction, sanitation and irrigation applications. It owns and operates PVC Pipes, PVC Water Tanks, PVC Doors and Bottle grade PVC Compound Manufacturing Plant, produces and markets the same in the local and foreign markets. The company generates revenue from the sale of its products.
68GF Score

Get the complete analysis for DHA:NPOLYMER

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

BDT33.30
Price
BDT17.21
GF Value