Astron Paper & Board Mill (NSE:ASTRON) E10: ₹0.77 (As of Mar. 2026)


NSE:ASTRON Astron Paper & Board Mill Ltd NSE:ASTRON
33 GF Score
Price ₹3.88
GF Value ₹0.29
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Astron Paper & Board Mill E10?

Astron Paper & Board Mill NSE:ASTRON -0.51% 33 E10 is ₹0.77 as of Mar. 2026. GuruFocus rates NSE:ASTRON with a GF Score™ of 33/100 and a GF Value™ of ₹0.29 (Significantly Overvalued). The stock has 7 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.

Astron Paper & Board Mill's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-1.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.77 for the trailing ten years ended in Mar. 2026.

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 (2026-06-30), Astron Paper & Board Mill's current stock price is ₹3.88. Astron Paper & Board Mill's E10 for the quarter that ended in Mar. 2026 was ₹0.77. Astron Paper & Board Mill's Shiller PE Ratio of today is 5.04.

During the past 13 years, the highest Shiller PE Ratio of Astron Paper & Board Mill was 12.11. The lowest was 3.82. And the median was 5.66.


Astron Paper & Board Mill  (NSE:ASTRON) 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.

Astron Paper & Board Mill's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.88/0.77
=5.04

* 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 Astron Paper & Board Mill was 12.11. The lowest was 3.82. And the median was 5.66.


Be Aware

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


Astron Paper & Board Mill E10 Related Terms


Astron Paper & Board Mill E10 Historical Data

* Premium members only.

The historical data trend for Astron Paper & Board Mill'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.

Astron Paper & Board Mill E10 Chart

Astron Paper & Board Mill 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 0.77

Astron Paper & Board Mill 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 0.00 0.00 1.07 0.92 0.77

Astron Paper & Board Mill E10 Competitor Comparison

For the Paper & Paper Products subindustry, Astron Paper & Board Mill'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.


Astron Paper & Board Mill Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Astron Paper & Board Mill's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Astron Paper & Board Mill's Shiller PE Ratio falls into.


NSE:ASTRON
33GF Score
Astron Paper & Board Mill Ltd NSE:ASTRON
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astron Paper & Board Mill 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, Astron Paper & Board Mill'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)
=-1.31/164.2724*164.2724
=-1.310

Current CPI (Mar. 2026) = 164.2724.

Astron Paper & Board Mill Quarterly Data

per share eps CPI Adj_EPS
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201612 0.057 105.196 0.089
201703 1.680 105.196 2.623
201706 1.060 107.109 1.626
201709 1.850 109.021 2.788
201712 1.930 109.404 2.898
201803 0.980 109.786 1.466
201806 1.420 111.317 2.096
201809 1.960 115.142 2.796
201812 1.610 115.142 2.297
201903 1.250 118.202 1.737
201906 1.070 120.880 1.454
201909 0.760 123.175 1.014
201912 0.450 126.235 0.586
202003 0.570 124.705 0.751
202006 0.390 127.000 0.504
202009 -0.260 130.118 -0.328
202012 0.610 130.889 0.766
202103 1.447 131.771 1.804
202106 0.400 134.084 0.490
202109 0.580 135.847 0.701
202112 0.730 138.161 0.868
202203 0.040 138.822 0.047
202206 -0.840 142.347 -0.969
202209 -2.580 144.661 -2.930
202212 -1.420 145.763 -1.600
202303 -0.310 146.865 -0.347
202306 -0.410 150.280 -0.448
202309 -0.350 151.492 -0.380
202312 -0.330 152.924 -0.354
202403 2.430 153.035 2.608
202406 -2.050 155.789 -2.162
202409 -1.700 157.882 -1.769
202412 -6.010 158.323 -6.236
202503 -2.450 157.552 -2.555
202506 -1.130 159.755 -1.162
202509 -1.020 162.289 -1.032
202512 -1.090 163.281 -1.097
202603 -1.310 164.272 -1.310

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 ₹0.77 mean?
Astron Paper & Board Mill (NSE:ASTRON) has a E10 of ₹0.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Astron Paper & Board Mill and its competitors.
Is Astron Paper & Board Mill's E10 too high?
Astron Paper & Board Mill's current E10 is ₹0.77. Overall, Astron Paper & Board Mill has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astron Paper & Board Mill's E10 compare to competitors?
Astron Paper & Board Mill's E10 of ₹0.77 can be compared against companies in the Forest 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 a Forest Products company?
A good E10 depends on the Forest 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 Astron Paper & Board Mill and its competitors. Astron Paper & Board Mill's current E10 is ₹0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Paper & Board Mill stock overvalued right now?
Based on GuruFocus' analysis, Astron Paper & Board Mill (NSE:ASTRON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.29, compared to a current price of ₹3.88 — trading 1237.9% above its estimated fair value. The current E10 is ₹0.77. Astron Paper & Board Mill's overall GF Score™ is 33/100 with 7 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 Astron Paper & Board Mill (NSE:ASTRON), the current E10 is ₹0.77 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 Astron Paper & Board Mill (NSE:ASTRON) Overvalued in 2026?

Based on GuruFocus' analysis, Astron Paper & Board Mill stock appears to be overvalued. The current stock price of ₹3.88 is trading 1237.9% above its estimated GF Value™ of ₹0.29. GuruFocus considers Astron Paper & Board Mill to be Significantly Overvalued.

Key valuation signals for NSE:ASTRON:

  • E10: ₹0.77
  • GF Value™: ₹0.29 vs. price of ₹3.88 (1237.9% above fair value)
  • GF Score™: 33/100 with 7 warning signs

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


Astron Paper & Board Mill Business Description

Other Exchanges 540824:India
Address S G Highway, Ganesh Meridian, D-702, 7th Floor, Opposite High Court, Ahmedabad, GJ, IND, 380060
Astron Paper & Board Mill Ltd is a prominent Indian company specializing in the manufacturing of recycled corrugated paper and Kraft paper derived from waste paper. The company mainly focuses on producing a wide range of Kraft papers that serve various packaging needs. Its product portfolio includes varied products like VTL, High RCT, Kraft Liner, Test Liner, and Corrugated Medium Paper, ranging mainly from 80 GSM to 350 GSM and 16 to 40 BF. The company's dominant source of income is from the sale of Kraft paper.
33GF Score

Get the complete analysis for NSE:ASTRON

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

₹3.88
Price
₹0.29
GF Value