Ambuja Cements (NSE:AMBUJACEM) E10: ₹15.20 (As of Jun. 2026)

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NSE:AMBUJACEM Ambuja Cements Ltd NSE:AMBUJACEM
81 GF Score
Price ₹436.50
GF Value ₹620.28
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ambuja Cements E10?

Ambuja Cements NSE:AMBUJACEM -1.91% 81 E10 is ₹15.20 as of Jun. 2026. GuruFocus rates NSE:AMBUJACEM with a GF Score™ of 81/100 and a GF Value™ of ₹620.28 (Significantly Undervalued). The stock has 5 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.

Ambuja Cements's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹2.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹15.20 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ambuja Cements's average E10 Growth Rate was 11.40% 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 (2026-08-07), Ambuja Cements's current stock price is ₹436.50. Ambuja Cements's E10 for the quarter that ended in Jun. 2026 was ₹15.20. Ambuja Cements's Shiller PE Ratio of today is 28.72.

During the past 13 years, the highest Shiller PE Ratio of Ambuja Cements was 53.89. The lowest was 27.95. And the median was 39.59.


Ambuja Cements  (NSE:AMBUJACEM) 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.

Ambuja Cements's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=436.50/15.20
=28.72

* 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 Ambuja Cements was 53.89. The lowest was 27.95. And the median was 39.59.


Be Aware

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


Ambuja Cements E10 Related Terms


Ambuja Cements E10 Historical Data

* Premium members only.

The historical data trend for Ambuja Cements'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.

Ambuja Cements E10 Chart

Ambuja Cements Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 12.57 13.44 14.94

Ambuja Cements Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 13.62 14.21 14.22 14.94 15.20

NSE:AMBUJACEM vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Ambuja Cements'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.


Ambuja Cements Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ambuja Cements's Shiller PE Ratio distribution charts can be found below:

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


NSE:AMBUJACEM
81GF Score
Ambuja Cements Ltd NSE:AMBUJACEM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ambuja Cements 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, Ambuja Cements'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)
=2.32/166.1454*166.1454
=2.320

Current CPI (Jun. 2026) = 166.1454.

Ambuja Cements Quarterly Data

per share eps CPI Adj_EPS
201606 2.610 105.961 4.092
201609 0.950 105.961 1.490
201612 1.130 105.196 1.785
201703 1.470 105.196 2.322
201706 2.800 107.109 4.343
201709 1.310 109.021 1.996
201712 2.060 109.404 3.128
201803 1.960 109.786 2.966
201806 2.650 111.317 3.955
201809 1.450 115.142 2.092
201812 4.910 115.142 7.085
201903 2.490 118.202 3.500
201906 3.140 120.880 4.316
201909 1.940 123.175 2.617
201912 2.980 126.235 3.922
202003 2.790 124.705 3.717
202006 2.300 127.000 3.009
202009 3.130 130.118 3.997
202012 3.680 130.889 4.671
202103 4.770 131.771 6.014
202106 4.410 134.084 5.464
202109 3.350 135.847 4.097
202112 1.460 138.161 1.756
202203 3.320 138.822 3.973
202206 3.790 142.347 4.424
202209 0.470 144.661 0.540
202212 2.020 145.763 2.302
202306 4.310 150.280 4.765
202309 3.740 151.492 4.102
202312 3.860 152.924 4.194
202403 4.750 153.035 5.157
202406 2.620 155.789 2.794
202409 1.950 157.882 2.052
202412 8.860 158.323 9.298
202503 4.160 157.552 4.387
202506 3.530 159.755 3.671
202509 7.150 162.289 7.320
202512 0.820 163.281 0.834
202603 7.370 164.272 7.454
202606 2.320 166.145 2.320

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 ₹15.20 mean?
Ambuja Cements (NSE:AMBUJACEM) has a E10 of ₹15.20 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ambuja Cements and its competitors.
Is Ambuja Cements' E10 too high?
Ambuja Cements' current E10 is ₹15.20. Overall, Ambuja Cements has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ambuja Cements' E10 compare to CRH and VMC?
Ambuja Cements' E10 of ₹15.20 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Ambuja Cements and its competitors. Ambuja Cements's current E10 is ₹15.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambuja Cements stock overvalued right now?
Based on GuruFocus' analysis, Ambuja Cements (NSE:AMBUJACEM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹620.28, compared to a current price of ₹436.50 — trading 29.6% below its estimated fair value. The current E10 is ₹15.20. Ambuja Cements' overall GF Score™ is 81/100 with 5 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 Ambuja Cements (NSE:AMBUJACEM), the current E10 is ₹15.20 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 Ambuja Cements (NSE:AMBUJACEM) Overvalued in 2026?

Based on GuruFocus' analysis, Ambuja Cements stock appears to be undervalued. The current stock price of ₹436.50 is trading 29.6% below its estimated GF Value™ of ₹620.28. GuruFocus considers Ambuja Cements to be Significantly Undervalued.

Key valuation signals for NSE:AMBUJACEM:

  • E10: ₹15.20
  • GF Value™: ₹620.28 vs. price of ₹436.50 (29.6% below fair value)
  • GF Score™: 81/100 with 5 warning signs

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


Ambuja Cements Business Description

Address Shantigram, S.G. Highway, Adani Corporate House, Near Vaishno Devi Circle, Khodiyar, Ahemdabad, GJ, IND, 382421
Ambuja Cements Ltd is engaged in the manufacture and sale of cement, intermediary products, and cement-related products. The Company operates multiple cement manufacturing plants located at various locations and markets cement and cement-related products. Its product portfolio includes Ambuja Kawach, Ambuja Plus, Ambuja Compocem, Ambuja Cement, Ambuja Cool Walls, Purasand for Concrete & Plaster, and others. The Company generates revenue from within India.
81GF Score

Get the complete analysis for NSE:AMBUJACEM

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

₹436.50
Price
₹620.28
GF Value