Shakarganj (KAR:SML) E10: ₨-10.28 (As of Mar. 2026)


KAR:SML Shakarganj Ltd KAR:SML
41 GF Score
Price ₨118.10
GF Value ₨29.96
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shakarganj E10?

Shakarganj KAR:SML 41 E10 is ₨-10.28 as of Mar. 2026. GuruFocus rates KAR:SML with a GF Score™ of 41/100 and a GF Value™ of ₨29.96 (Significantly 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.

Shakarganj's adjusted earnings per share data for the three months ended in Mar. 2026 was ₨-10.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨-10.28 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -21.10% 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 Shakarganj was -21.10% per year. The lowest was -21.10% per year. And the median was -21.10% per year.

As of today (2026-07-02), Shakarganj's current stock price is ₨118.10. Shakarganj's E10 for the quarter that ended in Mar. 2026 was ₨-10.28. Shakarganj's Shiller PE Ratio of today is .


Shakarganj  (KAR:SML) 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.


Be Aware

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


Shakarganj E10 Related Terms


Shakarganj E10 Historical Data

* Premium members only.

The historical data trend for Shakarganj'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.

Shakarganj E10 Chart

Shakarganj Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -4.58 -4.66 -6.09 -8.14

Shakarganj 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 -7.35 -8.17 -8.14 -8.95 -10.28

KAR:SML vs MDLZ, HSY, TR: E10 Comparison

For the Confectioners subindustry, Shakarganj'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.


Shakarganj Shiller PE Ratio vs Consumer Packaged Goods Industry

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

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


KAR:SML
41GF Score
Shakarganj Ltd KAR:SML
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shakarganj 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, Shakarganj'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)
=-10.38/330.2130*330.2130
=-10.380

Current CPI (Mar. 2026) = 330.2130.

Shakarganj Quarterly Data

per share eps CPI Adj_EPS
201606 -0.540 241.018 -0.740
201609 -1.440 241.428 -1.970
201612 1.470 241.432 2.011
201703 8.140 243.801 11.025
201706 -1.090 244.955 -1.469
201709 -5.680 246.819 -7.599
201712 -3.330 246.524 -4.460
201803 3.510 249.554 4.644
201806 -0.030 251.989 -0.039
201809 -0.250 252.439 -0.327
201812 -0.550 251.233 -0.723
201903 -0.050 254.202 -0.065
201906 -2.310 256.143 -2.978
201909 -4.770 256.759 -6.135
201912 1.360 256.974 1.748
202003 -5.020 258.115 -6.422
202006 -1.900 257.797 -2.434
202009 -1.510 260.280 -1.916
202012 -2.230 260.474 -2.827
202103 -4.170 264.877 -5.199
202106 -2.010 271.696 -2.443
202109 -3.780 274.310 -4.550
202112 -3.070 278.802 -3.636
202203 2.790 287.504 3.204
202206 -0.990 296.311 -1.103
202209 -0.430 296.808 -0.478
202212 -1.490 296.797 -1.658
202303 3.180 301.836 3.479
202306 -1.930 305.109 -2.089
202309 -3.930 307.789 -4.216
202312 -4.430 306.746 -4.769
202403 -9.860 312.332 -10.424
202406 -5.010 314.175 -5.266
202409 -4.220 315.301 -4.420
202412 -4.250 315.605 -4.447
202503 -9.150 319.799 -9.448
202506 -3.130 322.561 -3.204
202509 -4.630 324.800 -4.707
202512 -6.250 324.054 -6.369
202603 -10.380 330.213 -10.380

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 ₨-10.28 mean?
Shakarganj (KAR:SML) has a E10 of ₨-10.28 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shakarganj and its competitors.
Is Shakarganj's E10 too high?
Shakarganj's current E10 is ₨-10.28. Overall, Shakarganj has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shakarganj's E10 compare to MDLZ and HSY?
Shakarganj's E10 of ₨-10.28 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 Shakarganj and its competitors. Shakarganj's current E10 is ₨-10.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shakarganj stock overvalued right now?
Based on GuruFocus' analysis, Shakarganj (KAR:SML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨29.96, compared to a current price of ₨118.10 — trading 294.2% above its estimated fair value. The current E10 is ₨-10.28. Shakarganj's overall GF Score™ is 41/100 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 Shakarganj (KAR:SML), the current E10 is ₨-10.28 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 Shakarganj (KAR:SML) Overvalued in 2026?

Based on GuruFocus' analysis, Shakarganj stock appears to be overvalued. The current stock price of ₨118.10 is trading 294.2% above its estimated GF Value™ of ₨29.96. GuruFocus considers Shakarganj to be Significantly Overvalued.

Key valuation signals for KAR:SML:

  • E10: ₨-10.28
  • GF Value™: ₨29.96 vs. price of ₨118.10 (294.2% above fair value)
  • GF Score™: 41/100 with 3 warning signs

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


Shakarganj Business Description

Address Hali Road, Executive Floor, IT Tower, 73 E 1, Gulberg III, Lahore, PB, PAK
Shakarganj Ltd is principally engaged in the manufacture, purchase, and sale of sugar, biofuel and yarn (textile). The company has four reportable business segments: Sugar, Biofuel, Textile and Farms. The majority of the company's revenue is derived from the Sugar segment. Geographically, it generates the majority revenue from Afghanistan and Pakistan.
41GF Score

Get the complete analysis for KAR:SML

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

₨118.10
Price
₨29.96
GF Value