Associated Alcohols & Breweries (NSE:ASALCBR) E10: ₹32.62 (As of Mar. 2026)


NSE:ASALCBR Associated Alcohols & Breweries Ltd NSE:ASALCBR
92 GF Score
Price ₹875.55
GF Value ₹893.81
Valuation Fairly Valued
! 5 Warning Signs
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What is Associated Alcohols & Breweries E10?

Associated Alcohols & Breweries NSE:ASALCBR +0.51% 92 E10 is ₹32.62 as of Mar. 2026. GuruFocus rates NSE:ASALCBR with a GF Score™ of 92/100 and a GF Value™ of ₹893.81 (Fairly Valued). 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.

Associated Alcohols & Breweries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹12.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹32.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Associated Alcohols & Breweries's average E10 Growth Rate was 16.40% per year. During the past 3 years, the average E10 Growth Rate was 16.10% 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 Associated Alcohols & Breweries was 16.30% per year. The lowest was 16.10% per year. And the median was 16.20% per year.

As of today (2026-07-03), Associated Alcohols & Breweries's current stock price is ₹875.55. Associated Alcohols & Breweries's E10 for the quarter that ended in Mar. 2026 was ₹32.62. Associated Alcohols & Breweries's Shiller PE Ratio of today is 26.84.

During the past 13 years, the highest Shiller PE Ratio of Associated Alcohols & Breweries was 52.43. The lowest was 15.48. And the median was 26.80.


Associated Alcohols & Breweries  (NSE:ASALCBR) 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.

Associated Alcohols & Breweries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=875.55/32.62
=26.84

* 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 Associated Alcohols & Breweries was 52.43. The lowest was 15.48. And the median was 26.80.


Be Aware

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


Associated Alcohols & Breweries E10 Related Terms


Associated Alcohols & Breweries E10 Historical Data

* Premium members only.

The historical data trend for Associated Alcohols & Breweries'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.

Associated Alcohols & Breweries E10 Chart

Associated Alcohols & Breweries 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 17.73 20.84 24.06 27.99 32.62

Associated Alcohols & Breweries 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 27.99 29.46 30.33 31.62 32.62

NSE:ASALCBR vs BF.B: E10 Comparison

For the Beverages - Wineries & Distilleries subindustry, Associated Alcohols & Breweries'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.


Associated Alcohols & Breweries Shiller PE Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Associated Alcohols & Breweries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Associated Alcohols & Breweries's Shiller PE Ratio falls into.


NSE:ASALCBR
92GF Score
Associated Alcohols & Breweries Ltd NSE:ASALCBR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Associated Alcohols & Breweries 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, Associated Alcohols & Breweries'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)
=12.25/164.2724*164.2724
=12.250

Current CPI (Mar. 2026) = 164.2724.

Associated Alcohols & Breweries Quarterly Data

per share eps CPI Adj_EPS
201606 3.030 105.961 4.697
201609 1.100 105.961 1.705
201612 2.940 105.196 4.591
201703 2.530 105.196 3.951
201706 4.090 107.109 6.273
201709 2.000 109.021 3.014
201712 5.280 109.404 7.928
201803 2.560 109.786 3.831
201806 6.340 111.317 9.356
201809 2.740 115.142 3.909
201812 4.500 115.142 6.420
201903 3.160 118.202 4.392
201906 6.480 120.880 8.806
201909 6.120 123.175 8.162
201912 8.750 126.235 11.387
202003 5.940 124.705 7.825
202006 2.640 127.000 3.415
202009 7.280 130.118 9.191
202012 13.790 130.889 17.307
202103 8.340 131.771 10.397
202106 5.610 134.084 6.873
202109 7.890 135.847 9.541
202112 11.750 138.161 13.971
202203 8.380 138.822 9.916
202206 7.420 142.347 8.563
202209 4.170 144.661 4.735
202212 5.980 145.763 6.739
202303 5.430 146.865 6.074
202306 6.830 150.280 7.466
202309 7.440 151.492 8.068
202312 6.950 152.924 7.466
202403 6.780 153.035 7.278
202406 9.670 155.789 10.197
202409 8.400 157.882 8.740
202412 14.040 158.323 14.568
202503 12.140 157.552 12.658
202506 12.420 159.755 12.771
202509 7.480 162.289 7.571
202512 14.060 163.281 14.145
202603 12.250 164.272 12.250

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 ₹32.62 mean?
Associated Alcohols & Breweries (NSE:ASALCBR) has a E10 of ₹32.62 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Associated Alcohols & Breweries and its competitors.
Is Associated Alcohols & Breweries' E10 too high?
Associated Alcohols & Breweries' current E10 is ₹32.62. Overall, Associated Alcohols & Breweries has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Associated Alcohols & Breweries' E10 compare to BF.B?
Associated Alcohols & Breweries' E10 of ₹32.62 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good E10 depends on the Beverages - Alcoholic 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 Associated Alcohols & Breweries and its competitors. Associated Alcohols & Breweries's current E10 is ₹32.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Alcohols & Breweries stock overvalued right now?
Based on GuruFocus' analysis, Associated Alcohols & Breweries (NSE:ASALCBR) is currently considered Fairly Valued. The stock's GF Value™ is ₹893.81, compared to a current price of ₹875.55 — trading 2% below its estimated fair value. The current E10 is ₹32.62. Associated Alcohols & Breweries' overall GF Score™ is 92/100 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 Associated Alcohols & Breweries (NSE:ASALCBR), the current E10 is ₹32.62 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 Associated Alcohols & Breweries (NSE:ASALCBR) Overvalued in 2026?

Based on GuruFocus' analysis, Associated Alcohols & Breweries stock appears to be undervalued. The current stock price of ₹875.55 is trading 2% below its estimated GF Value™ of ₹893.81. GuruFocus considers Associated Alcohols & Breweries to be Fairly Valued.

Key valuation signals for NSE:ASALCBR:

  • E10: ₹32.62
  • GF Value™: ₹893.81 vs. price of ₹875.55 (2% below fair value)
  • GF Score™: 92/100 with 5 warning signs

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


Associated Alcohols & Breweries Business Description

Other Exchanges 507526:India
Address BPK Star Tower, A.B. Road, 4th Floor, Indore, MP, IND, 452 008
Associated Alcohols & Breweries Ltd is engaged in the manufacturing of liquor. The company operates in two business segments, that is Potable Alcohol and Ethanol. Geographically, it derives a majority of revenue from India, also it derives the majority of the revenue from the Potable Alcohols segment. The company brands include Central Province Whisky, Titanium, Bombay Special Whisky, Desi Madira Masala, Superman Fine Whisky, James MC Gill Whisky, and Jamaican Magic Rum.
92GF Score

Get the complete analysis for NSE:ASALCBR

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

₹875.55
Price
₹893.81
GF Value