Bayer CropScience (NSE:BAYERCROP) E10: ₹157.48 (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:BAYERCROP Bayer CropScience Ltd NSE:BAYERCROP
79 GF Score
Price ₹3,974.10
GF Value ₹5,853.11
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Bayer CropScience E10?

Bayer CropScience NSE:BAYERCROP -0.11% 79 E10 is ₹157.48 as of Jun. 2026. GuruFocus rates NSE:BAYERCROP with a GF Score™ of 79/100 and a GF Value™ of ₹5,853.11 (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.

Bayer CropScience's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹71.559. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹157.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Bayer CropScience's average E10 Growth Rate was 5.70% per year. During the past 3 years, the average E10 Growth Rate was 4.30% 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 Bayer CropScience was 5.60% per year. The lowest was -3.40% per year. And the median was -0.10% per year.

As of today (2026-09-15), Bayer CropScience's current stock price is ₹3974.10. Bayer CropScience's E10 for the quarter that ended in Jun. 2026 was ₹157.48. Bayer CropScience's Shiller PE Ratio of today is 25.24.

During the past 13 years, the highest Shiller PE Ratio of Bayer CropScience was 47.99. The lowest was 22.09. And the median was 33.64.


Bayer CropScience  (NSE:BAYERCROP) 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.

Bayer CropScience's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3974.10/157.481
=25.24

* 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 Bayer CropScience was 47.99. The lowest was 22.09. And the median was 33.64.


Be Aware

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


Bayer CropScience E10 Related Terms


Bayer CropScience E10 Historical Data

* Premium members only.

The historical data trend for Bayer CropScience'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.

Bayer CropScience E10 Chart

Bayer CropScience 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 154.47 129.88 139.24 139.03 146.30

Bayer CropScience 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 148.52 147.74 149.54 153.31 157.48

NSE:BAYERCROP vs CTVA, CF, MOS: E10 Comparison

For the Agricultural Inputs subindustry, Bayer CropScience'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.


Bayer CropScience Shiller PE Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bayer CropScience's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bayer CropScience's Shiller PE Ratio falls into.


NSE:BAYERCROP
79GF Score
Bayer CropScience Ltd NSE:BAYERCROP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bayer CropScience 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, Bayer CropScience'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)
=71.5588/167.3573*167.3573
=71.559

Current CPI (Jun. 2026) = 167.3573.

Bayer CropScience Quarterly Data

per share eps CPI Adj_EPS
201609 45.000 105.961 71.074
201612 10.410 105.196 16.561
201703 -10.210 105.196 -16.243
201706 31.590 107.109 49.359
201709 54.000 109.021 82.895
201712 3.120 109.404 4.773
201803 -3.760 109.786 -5.732
201806 42.874 111.317 64.458
201809 48.582 115.142 70.614
201812 18.379 115.142 26.713
201903 -16.631 118.202 -23.547
201906 39.408 120.880 54.559
201909 49.456 123.175 67.196
201912 30.713 126.235 40.718
202003 7.009 124.705 9.406
202006 56.005 127.000 73.802
202009 49.975 130.118 64.278
202012 -10.035 130.889 -12.831
202103 13.773 131.771 17.493
202106 56.450 134.084 70.459
202109 34.289 135.847 42.242
202112 18.869 138.161 22.856
202203 33.977 138.822 40.961
202206 67.331 142.347 79.161
202209 36.180 144.661 41.856
202212 29.927 145.763 34.361
202303 35.268 146.865 40.189
202306 73.094 150.280 81.400
202309 49.597 151.492 54.791
202312 20.716 152.924 22.671
202403 21.361 153.035 23.360
202406 56.562 155.789 60.762
202409 30.328 157.882 32.148
202412 7.610 158.323 8.044
202503 31.886 157.552 33.870
202506 62.013 159.755 64.964
202509 33.977 162.289 35.038
202512 21.294 163.281 21.826
202603 36.069 164.272 36.746
202606 71.559 167.357 71.559

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 ₹157.48 mean?
Bayer CropScience (NSE:BAYERCROP) has a E10 of ₹157.48 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bayer CropScience and its competitors.
Is Bayer CropScience's E10 too high?
Bayer CropScience's current E10 is ₹157.48. Overall, Bayer CropScience has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bayer CropScience's E10 compare to CTVA and CF?
Bayer CropScience's E10 of ₹157.48 can be compared against companies in the Agriculture 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 an Agriculture company?
A good E10 depends on the Agriculture 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 Bayer CropScience and its competitors. Bayer CropScience's current E10 is ₹157.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayer CropScience stock overvalued right now?
Based on GuruFocus' analysis, Bayer CropScience (NSE:BAYERCROP) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹5,853.11, compared to a current price of ₹3,974.10 — trading 32.1% below its estimated fair value. The current E10 is ₹157.48. Bayer CropScience's overall GF Score™ is 79/100 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 Bayer CropScience (NSE:BAYERCROP), the current E10 is ₹157.48 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 Bayer CropScience (NSE:BAYERCROP) Overvalued in 2026?

Based on GuruFocus' analysis, Bayer CropScience stock appears to be undervalued. The current stock price of ₹3,974.10 is trading 32.1% below its estimated GF Value™ of ₹5,853.11. GuruFocus considers Bayer CropScience to be Significantly Undervalued.

Key valuation signals for NSE:BAYERCROP:

  • E10: ₹157.48
  • GF Value™: ₹5,853.11 vs. price of ₹3,974.10 (32.1% below fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Bayer CropScience Business Description

Other Exchanges 506285:India
Address Bayer House, Central Avenue, Bayer House, Hiranandani Estate, Thane (West), Thane, MH, IND, 400607
Bayer CropScience Ltd manufactures, distributes, and sells crop protection and hybrid seed products to the agriculture industry. The firm sells fungicides, weedicides, hybrid seeds, consumer in-home pest-control products, and other agrochemical products. Its geographical segments are India, Germany, Bangladesh, and others, of which the vast majority of its revenue comes from India. The company is a subsidiary of Bayer AG, with the majority of common shares owned by its parent company and other Bayer AG subsidiaries.
79GF Score

Get the complete analysis for NSE:BAYERCROP

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

₹3,974.10
Price
₹5,853.11
GF Value