Birla (NSE:BIRLACORPN) E10: ₹55.81 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:BIRLACORPN Birla Corp Ltd NSE:BIRLACORPN
79 GF Score
Price ₹810.25
GF Value ₹1,337.39
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Birla E10?

Birla NSE:BIRLACORPN -1.81% 79 E10 is ₹55.81 as of Jun. 2026. GuruFocus rates NSE:BIRLACORPN with a GF Score™ of 79/100 and a GF Value™ of ₹1,337.39 (Possible Value Trap). The stock has 4 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.

Birla's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹15.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹55.81 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Birla's average E10 Growth Rate was 7.30% per year. During the past 3 years, the average E10 Growth Rate was 4.40% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Birla was 4.40% per year. The lowest was 4.40% per year. And the median was 4.40% per year.

As of today (2026-09-15), Birla's current stock price is ₹810.25. Birla's E10 for the quarter that ended in Jun. 2026 was ₹55.81. Birla's Shiller PE Ratio of today is 14.52.

During the past 13 years, the highest Shiller PE Ratio of Birla was 34.70. The lowest was 14.79. And the median was 24.07.


Birla  (NSE:BIRLACORPN) 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.

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

Shiller PE Ratio=Share Price/E10
=810.25/55.807
=14.52

* 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 Birla was 34.70. The lowest was 14.79. And the median was 24.07.


Be Aware

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


Birla E10 Related Terms


Birla E10 Historical Data

* Premium members only.

The historical data trend for Birla'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.

Birla E10 Chart

Birla 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 45.74 42.90 47.34 48.88 54.71

Birla 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 49.56 50.35 50.66 55.21 55.81

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

For the Building Materials subindustry, Birla'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.


Birla Shiller PE Ratio vs Building Materials Industry

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

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


NSE:BIRLACORPN
79GF Score
Birla Corp Ltd NSE:BIRLACORPN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Birla 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, Birla'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)
=15.0288/167.3573*167.3573
=15.029

Current CPI (Jun. 2026) = 167.3573.

Birla Quarterly Data

per share eps CPI Adj_EPS
201609 8.497 105.961 13.420
201612 -5.362 105.196 -8.530
201703 13.101 105.196 20.842
201706 5.610 107.109 8.766
201709 0.190 109.021 0.291
201712 -2.836 109.404 -4.339
201803 17.030 109.786 25.960
201806 10.890 111.317 16.373
201809 2.115 115.142 3.075
201812 3.552 115.142 5.162
201903 16.647 118.202 23.570
201906 18.261 120.880 25.282
201909 11.472 123.175 15.587
201912 10.582 126.235 14.030
202003 25.288 124.705 33.937
202006 8.541 127.000 11.255
202009 21.638 130.118 27.830
202012 19.274 130.889 24.644
202103 32.378 131.771 41.123
202106 18.377 134.084 22.937
202109 11.110 135.847 13.687
202112 7.850 138.161 9.509
202203 14.425 138.822 17.390
202206 8.041 142.347 9.454
202209 -7.332 144.661 -8.482
202212 -6.481 145.763 -7.442
202303 11.032 146.865 12.571
202306 7.754 150.280 8.635
202309 7.580 151.492 8.374
202312 14.173 152.924 15.511
202403 25.107 153.035 27.457
202406 4.236 155.789 4.551
202409 -3.271 157.882 -3.468
202412 4.050 158.323 4.282
202503 33.324 157.552 35.398
202506 15.528 159.755 16.266
202509 11.750 162.289 12.117
202512 6.852 163.281 7.023
202603 38.281 164.272 38.999
202606 15.029 167.357 15.029

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 ₹55.81 mean?
Birla (NSE:BIRLACORPN) has a E10 of ₹55.81 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Birla and its competitors.
Is Birla's E10 too high?
Birla's current E10 is ₹55.81. Overall, Birla has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Birla's E10 compare to CRH and MLM?
Birla's E10 of ₹55.81 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 Birla and its competitors. Birla's current E10 is ₹55.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla stock overvalued right now?
Based on GuruFocus' analysis, Birla (NSE:BIRLACORPN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,337.39, compared to a current price of ₹810.25 — trading 39.4% below its estimated fair value. The current E10 is ₹55.81. Birla's overall GF Score™ is 79/100 with 4 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 Birla (NSE:BIRLACORPN), the current E10 is ₹55.81 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 Birla (NSE:BIRLACORPN) Overvalued in 2026?

Based on GuruFocus' analysis, Birla stock appears to be undervalued. The current stock price of ₹810.25 is trading 39.4% below its estimated GF Value™ of ₹1,337.39. GuruFocus considers Birla to be Possible Value Trap.

Key valuation signals for NSE:BIRLACORPN:

  • E10: ₹55.81
  • GF Value™: ₹1,337.39 vs. price of ₹810.25 (39.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Birla Business Description

Other Exchanges 500335:India
Address 1, Shakespeare Sarani, A.C. Market, 2nd Floor, Kolkata, WB, IND, 700071
Birla Corp Ltd is a multi-product manufacturing company. The firm's operating segments are Jute, Cement, and others. Its products include ordinary portland cement, portland pozzolana cement, and portland slag cement among others. The company generates a majority of its revenue from the Cement segment. Geographically, it derives its key revenue from India. The firm's brand profile consists of MP Birla Cement Rakshak, MP Birla Cement Samrat, MP Birla Cement Ultimate, and others.
79GF Score

Get the complete analysis for NSE:BIRLACORPN

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

₹810.25
Price
₹1,337.39
GF Value