AksharChem (India) (NSE:AKSHARCHEM) E10: ₹26.04 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:AKSHARCHEM AksharChem (India) Ltd NSE:AKSHARCHEM
71 GF Score
Price ₹384.65
GF Value ₹350.30
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is AksharChem (India) E10?

AksharChem (India) NSE:AKSHARCHEM +5.00% 71 E10 is ₹26.04 as of Jun. 2026. GuruFocus rates NSE:AKSHARCHEM with a GF Score™ of 71/100 and a GF Value™ of ₹350.30 (Fairly Valued). The stock has 8 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.

AksharChem (India)'s adjusted earnings per share data for the three months ended in Jun. 2026 was ₹18.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹26.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, AksharChem (India)'s average E10 Growth Rate was -6.70% per year. During the past 3 years, the average E10 Growth Rate was -12.40% per year. During the past 5 years, the average E10 Growth Rate was -7.20% 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 AksharChem (India) was -4.20% per year. The lowest was -12.40% per year. And the median was -9.10% per year.

As of today (2026-09-02), AksharChem (India)'s current stock price is ₹384.65. AksharChem (India)'s E10 for the quarter that ended in Jun. 2026 was ₹26.04. AksharChem (India)'s Shiller PE Ratio of today is 14.77.

During the past 13 years, the highest Shiller PE Ratio of AksharChem (India) was 15.26. The lowest was 5.34. And the median was 8.76.


AksharChem (India)  (NSE:AKSHARCHEM) 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.

AksharChem (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=384.65/26.04
=14.77

* 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 AksharChem (India) was 15.26. The lowest was 5.34. And the median was 8.76.


Be Aware

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


AksharChem (India) E10 Related Terms


AksharChem (India) E10 Historical Data

* Premium members only.

The historical data trend for AksharChem (India)'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.

AksharChem (India) E10 Chart

AksharChem (India) 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 37.72 38.37 30.95 28.34 25.80

AksharChem (India) 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 28.16 27.65 26.45 25.80 26.04

NSE:AKSHARCHEM vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, AksharChem (India)'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.


AksharChem (India) Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, AksharChem (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AksharChem (India)'s Shiller PE Ratio falls into.


NSE:AKSHARCHEM
71GF Score
AksharChem (India) Ltd NSE:AKSHARCHEM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AksharChem (India) 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, AksharChem (India)'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)
=18.94/167.3573*167.3573
=18.940

Current CPI (Jun. 2026) = 167.3573.

AksharChem (India) Quarterly Data

per share eps CPI Adj_EPS
201609 34.451 105.961 54.413
201612 12.600 105.196 20.045
201703 12.920 105.196 20.555
201706 9.810 107.109 15.328
201709 12.500 109.021 19.189
201712 10.130 109.404 15.496
201803 5.950 109.786 9.070
201806 9.210 111.317 13.847
201809 9.050 115.142 13.154
201812 4.880 115.142 7.093
201903 4.450 118.202 6.301
201906 7.300 120.880 10.107
201909 2.130 123.175 2.894
201912 2.660 126.235 3.527
202003 7.080 124.705 9.502
202006 2.750 127.000 3.624
202009 1.610 130.118 2.071
202012 4.080 130.889 5.217
202103 6.790 131.771 8.624
202106 5.890 134.084 7.352
202109 3.860 135.847 4.755
202112 6.380 138.161 7.728
202203 3.370 138.822 4.063
202206 1.820 142.347 2.140
202209 1.220 144.661 1.411
202212 -1.770 145.763 -2.032
202303 -2.440 146.865 -2.780
202306 -6.700 150.280 -7.461
202309 -9.470 151.492 -10.462
202312 0.410 152.924 0.449
202403 -7.490 153.035 -8.191
202406 1.430 155.789 1.536
202409 1.300 157.882 1.378
202412 1.480 158.323 1.564
202503 1.730 157.552 1.838
202506 0.890 159.755 0.932
202509 -1.700 162.289 -1.753
202512 -5.750 163.281 -5.894
202603 6.020 164.272 6.133
202606 18.940 167.357 18.940

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 ₹26.04 mean?
AksharChem (India) (NSE:AKSHARCHEM) has a E10 of ₹26.04 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AksharChem (India) and its competitors.
Is AksharChem (India)'s E10 too high?
AksharChem (India)'s current E10 is ₹26.04. Overall, AksharChem (India) has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AksharChem (India)'s E10 compare to LIN and SHW?
AksharChem (India)'s E10 of ₹26.04 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 AksharChem (India) and its competitors. AksharChem (India)'s current E10 is ₹26.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AksharChem (India) stock overvalued right now?
Based on GuruFocus' analysis, AksharChem (India) (NSE:AKSHARCHEM) is currently considered Fairly Valued. The stock's GF Value™ is ₹350.30, compared to a current price of ₹384.65 — trading 9.8% above its estimated fair value. The current E10 is ₹26.04. AksharChem (India)'s overall GF Score™ is 71/100 with 8 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 AksharChem (India) (NSE:AKSHARCHEM), the current E10 is ₹26.04 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 AksharChem (India) (NSE:AKSHARCHEM) Overvalued in 2026?

Based on GuruFocus' analysis, AksharChem (India) stock appears to be overvalued. The current stock price of ₹384.65 is trading 9.8% above its estimated GF Value™ of ₹350.30. GuruFocus considers AksharChem (India) to be Fairly Valued.

Key valuation signals for NSE:AKSHARCHEM:

  • E10: ₹26.04
  • GF Value™: ₹350.30 vs. price of ₹384.65 (9.8% above fair value)
  • GF Score™: 71/100 with 8 warning signs

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


AksharChem (India) Business Description

Other Exchanges 524598:India
Address Corporate House No. 8, Arista at 8, Behind Rajpath Club, Bodakdev, Ahmedabad, GJ, IND, 380 054
AksharChem (India) Ltd is engaged in the business of manufacturing & export of Dyes, Pigments and Precipitated Silica. Its product includes H - ACID, Vinyl Sulphone (Acetanilide Base), Reactive Blue 21, Reactive Black 5, etc.
71GF Score

Get the complete analysis for NSE:AKSHARCHEM

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

₹384.65
Price
₹350.30
GF Value