Arfin India (NSE:ARFIN) E10: ₹8.08 (As of Jun. 2026)

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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.
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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:ARFIN Arfin India Ltd NSE:ARFIN
44 GF Score
Price ₹85.62
GF Value ₹55.47
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Arfin India E10?

Arfin India NSE:ARFIN +3.52% 44 E10 is ₹8.08 as of Jun. 2026. GuruFocus rates NSE:ARFIN with a GF Score™ of 44/100 and a GF Value™ of ₹55.47 (Significantly Overvalued). The stock has 1 warning sign 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.

Arfin India's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.08 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Arfin India's average E10 Growth Rate was -7.80% 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 (2026-08-24), Arfin India's current stock price is ₹85.62. Arfin India's E10 for the quarter that ended in Jun. 2026 was ₹8.08. Arfin India's Shiller PE Ratio of today is 10.60.

During the past 12 years, the highest Shiller PE Ratio of Arfin India was 11.87. The lowest was 2.70. And the median was 4.93.


Arfin India  (NSE:ARFIN) 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.

Arfin India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=85.62/8.08
=10.60

* 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 12 years, the highest Shiller P/E Ratio of Arfin India was 11.87. The lowest was 2.70. And the median was 4.93.


Be Aware

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


Arfin India E10 Related Terms


Arfin India E10 Historical Data

* Premium members only.

The historical data trend for Arfin 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.

Arfin India E10 Chart

Arfin 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 0.00 0.00 0.00 0.00 8.32

Arfin 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 0.00 8.56 8.47 8.32 8.08

NSE:ARFIN vs AA: E10 Comparison

For the Aluminum subindustry, Arfin 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.


Arfin India Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arfin India's Shiller PE Ratio distribution charts can be found below:

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


NSE:ARFIN
44GF Score
Arfin India Ltd NSE:ARFIN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arfin 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, Arfin 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)
=0.24/167.3573*167.3573
=0.240

Current CPI (Jun. 2026) = 167.3573.

Arfin India Quarterly Data

per share eps CPI Adj_EPS
201609 2.956 105.961 4.669
201612 8.175 105.196 13.006
201703 7.142 105.196 11.362
201706 6.358 107.109 9.934
201709 3.234 109.021 4.964
201712 8.040 109.404 12.299
201803 3.975 109.786 6.059
201806 2.540 111.317 3.819
201809 1.750 115.142 2.544
201812 1.430 115.142 2.078
201903 -0.076 118.202 -0.108
201906 0.660 120.880 0.914
201909 1.220 123.175 1.658
201912 0.680 126.235 0.902
202003 -1.615 124.705 -2.167
202006 0.030 127.000 0.040
202009 0.650 130.118 0.836
202012 0.800 130.889 1.023
202103 0.105 131.771 0.133
202106 0.690 134.084 0.861
202109 1.490 135.847 1.836
202112 0.160 138.161 0.194
202203 0.200 138.822 0.241
202206 0.170 142.347 0.200
202209 0.160 144.661 0.185
202212 0.150 145.763 0.172
202303 0.160 146.865 0.182
202306 0.150 150.280 0.167
202309 0.110 151.492 0.122
202312 0.130 152.924 0.142
202403 0.140 153.035 0.153
202406 0.180 155.789 0.193
202409 0.150 157.882 0.159
202412 0.180 158.323 0.190
202503 0.030 157.552 0.032
202506 0.060 159.755 0.063
202509 0.150 162.289 0.155
202512 0.300 163.281 0.307
202603 0.400 164.272 0.408
202606 0.240 167.357 0.240

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 ₹8.08 mean?
Arfin India (NSE:ARFIN) has a E10 of ₹8.08 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Arfin India and its competitors.
Is Arfin India's E10 too high?
Arfin India's current E10 is ₹8.08. Overall, Arfin India has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arfin India's E10 compare to AA?
Arfin India's E10 of ₹8.08 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Arfin India and its competitors. Arfin India's current E10 is ₹8.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arfin India stock overvalued right now?
Based on GuruFocus' analysis, Arfin India (NSE:ARFIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹55.47, compared to a current price of ₹85.62 — trading 54.4% above its estimated fair value. The current E10 is ₹8.08. Arfin India's overall GF Score™ is 44/100 with 1 warning sign 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 Arfin India (NSE:ARFIN), the current E10 is ₹8.08 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 Arfin India (NSE:ARFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Arfin India stock appears to be overvalued. The current stock price of ₹85.62 is trading 54.4% above its estimated GF Value™ of ₹55.47. GuruFocus considers Arfin India to be Significantly Overvalued.

Key valuation signals for NSE:ARFIN:

  • E10: ₹8.08
  • GF Value™: ₹55.47 vs. price of ₹85.62 (54.4% above fair value)
  • GF Score™: 44/100 with 1 warning sign

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


Arfin India Business Description

Other Exchanges 539151:India
Address Plot No.118, Ravi Industrial Estate, Behind Prestige Hotel, Billeshwarpura, Gandhinagar, GJ, IND, 382729
Arfin India Ltd manufactures and sells aluminum products in India. It is engaged in the manufacturing, trading, and selling of non-ferrous metals products. The company's product lines include Aluminum Wire Rods, Aluminum Deox, Cored Wire, Alloy Products, Automobile Parts, and Cable and Conductors. It's Aluminum Deox includes Aluminum ingots, Aluminum cubes, Aluminum shots, and Aluminum sticks. The Cored Wire Mill products include Calcium Silicon Cored Wire, Ferro Silicon Cored Wire, Calcium Cored Wire, and Graphite Cored Wire.
44GF Score

Get the complete analysis for NSE:ARFIN

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

₹85.62
Price
₹55.47
GF Value