Ador Welding (NSE:ADOR) E10: ₹31.31 (As of Jun. 2026)

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NSE:ADOR Ador Welding Ltd NSE:ADOR
78 GF Score
Price ₹1,477.90
GF Value ₹1,179.65
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ador Welding E10?

Ador Welding NSE:ADOR -1.94% 78 E10 is ₹31.31 as of Jun. 2026. GuruFocus rates NSE:ADOR with a GF Score™ of 78/100 and a GF Value™ of ₹1,179.65 (Modestly Overvalued). The stock has 4 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.

Ador Welding's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹15.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹31.31 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ador Welding's average E10 Growth Rate was 21.80% 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 (2026-07-23), Ador Welding's current stock price is ₹1477.90. Ador Welding's E10 for the quarter that ended in Jun. 2026 was ₹31.31. Ador Welding's Shiller PE Ratio of today is 47.20.

During the past 13 years, the highest Shiller PE Ratio of Ador Welding was 69.56. The lowest was 28.91. And the median was 40.51.


Ador Welding  (NSE:ADOR) 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.

Ador Welding's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1477.90/31.31
=47.20

* 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 Ador Welding was 69.56. The lowest was 28.91. And the median was 40.51.


Be Aware

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


Ador Welding E10 Related Terms


Ador Welding E10 Historical Data

* Premium members only.

The historical data trend for Ador Welding'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.

Ador Welding E10 Chart

Ador Welding 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 24.49 26.25 30.35

Ador Welding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 25.70 26.96 28.13 30.35 31.31

NSE:ADOR vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Ador Welding'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.


Ador Welding Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ador Welding's Shiller PE Ratio distribution charts can be found below:

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


NSE:ADOR
78GF Score
Ador Welding Ltd NSE:ADOR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ador Welding 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, Ador Welding's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.82/166.1454*166.1454
=15.820

Current CPI (Jun. 2026) = 166.1454.

Ador Welding Quarterly Data

per share eps CPI Adj_EPS
201309 3.430 91.042 6.259
201312 2.110 91.425 3.834
201403 -10.490 91.425 -19.063
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 3.150 111.317 4.702
201809 5.110 115.142 7.374
201812 4.230 115.142 6.104
201903 5.550 118.202 7.801
201906 3.290 120.880 4.522
201909 6.960 123.175 9.388
201912 4.850 126.235 6.383
202003 4.570 124.705 6.089
202006 -0.140 127.000 -0.183
202009 -4.150 130.118 -5.299
202012 2.540 130.889 3.224
202103 -5.890 131.771 -7.427
202106 4.960 134.084 6.146
202109 10.760 135.847 13.160
202112 7.780 138.161 9.356
202203 9.590 138.822 11.478
202206 7.650 142.347 8.929
202209 7.340 144.661 8.430
202212 12.030 145.763 13.712
202303 16.580 146.865 18.757
202306 8.260 150.280 9.132
202309 14.910 151.492 16.352
202312 10.760 152.924 11.690
202403 18.650 153.035 20.248
202406 11.410 155.789 12.169
202409 3.850 157.882 4.052
202412 8.860 158.323 9.298
202503 10.400 157.552 10.967
202506 -2.270 159.755 -2.361
202509 14.370 162.289 14.711
202512 15.330 163.281 15.599
202603 19.620 164.272 19.844
202606 15.820 166.145 15.820

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 ₹31.31 mean?
Ador Welding (NSE:ADOR) has a E10 of ₹31.31 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ador Welding and its competitors.
Is Ador Welding's E10 too high?
Ador Welding's current E10 is ₹31.31. Overall, Ador Welding has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ador Welding's E10 compare to GEV and ETN?
Ador Welding's E10 of ₹31.31 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Ador Welding and its competitors. Ador Welding's current E10 is ₹31.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ador Welding stock overvalued right now?
Based on GuruFocus' analysis, Ador Welding (NSE:ADOR) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,179.65, compared to a current price of ₹1,477.90 — trading 25.3% above its estimated fair value. The current E10 is ₹31.31. Ador Welding's overall GF Score™ is 78/100 with 4 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 Ador Welding (NSE:ADOR), the current E10 is ₹31.31 as of Jun. 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 Ador Welding (NSE:ADOR) Overvalued in 2026?

Based on GuruFocus' analysis, Ador Welding stock appears to be overvalued. The current stock price of ₹1,477.90 is trading 25.3% above its estimated GF Value™ of ₹1,179.65. GuruFocus considers Ador Welding to be Modestly Overvalued.

Key valuation signals for NSE:ADOR:

  • E10: ₹31.31
  • GF Value™: ₹1,179.65 vs. price of ₹1,477.90 (25.3% above fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Ador Welding Business Description

Other Exchanges 517041:India
Address K. Dubash Marg, Ador House, 6, Fort, Mumbai, MH, IND, 400001
Ador Welding Ltd is a welding and cutting solution provider offering welding consumables, and equipment, automation solutions, and skill development. The strategic business units are welding electrodes, wires, and fluxes, welding and cutting equipment, gas cutting, PPE and accessories and CNC machines, project engineering solutions, and welding automation. The Company has three reportable business segments: i) Products ii) Services; and iii) Maintenance & Reclamation (M&R). Geographically, the company generates a majority of its revenue within India and the rest from other markets.
78GF Score

Get the complete analysis for NSE:ADOR

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

₹1,477.90
Price
₹1,179.65
GF Value