Borosil Renewables (NSE:BORORENEW) E10: ₹4.84 (As of Mar. 2026)


NSE:BORORENEW Borosil Renewables Ltd NSE:BORORENEW
86 GF Score
Price ₹621.70
GF Value ₹591.47
Valuation Fairly Valued
! 4 Warning Signs
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What is Borosil Renewables E10?

Borosil Renewables NSE:BORORENEW -0.12% 86 E10 is ₹4.84 as of Mar. 2026. GuruFocus rates NSE:BORORENEW with a GF Score™ of 86/100 and a GF Value™ of ₹591.47 (Fairly Valued). 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.

Borosil Renewables's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹12.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Borosil Renewables's average E10 Growth Rate was 18.00% 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 (2026-07-06), Borosil Renewables's current stock price is ₹621.70. Borosil Renewables's E10 for the quarter that ended in Mar. 2026 was ₹4.84. Borosil Renewables's Shiller PE Ratio of today is 128.45.

During the past 13 years, the highest Shiller PE Ratio of Borosil Renewables was 229.58. The lowest was 67.06. And the median was 111.58.


Borosil Renewables  (NSE:BORORENEW) 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.

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

Shiller PE Ratio=Share Price/E10
=621.70/4.84
=128.45

* 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 Borosil Renewables was 229.58. The lowest was 67.06. And the median was 111.58.


Be Aware

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


Borosil Renewables E10 Related Terms


Borosil Renewables E10 Historical Data

* Premium members only.

The historical data trend for Borosil Renewables'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.

Borosil Renewables E10 Chart

Borosil Renewables 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 5.14 4.11 4.84

Borosil Renewables 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 4.11 2.73 2.87 3.62 4.84

NSE:BORORENEW vs FSLR, NXT, ENPH: E10 Comparison

For the Solar subindustry, Borosil Renewables'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.


Borosil Renewables Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Borosil Renewables's Shiller PE Ratio distribution charts can be found below:

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


NSE:BORORENEW
86GF Score
Borosil Renewables Ltd NSE:BORORENEW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Borosil Renewables 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, Borosil Renewables'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)
=12.06/164.2724*164.2724
=12.060

Current CPI (Mar. 2026) = 164.2724.

Borosil Renewables Quarterly Data

per share eps CPI Adj_EPS
201306 0.965 88.365 1.794
201309 0.279 91.042 0.503
201312 0.903 91.425 1.623
201403 1.121 91.425 2.014
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.310 111.317 1.933
201809 2.290 115.142 3.267
201812 1.821 115.142 2.598
201903 0.099 118.202 0.138
201906 -0.050 120.880 -0.068
201909 -0.190 123.175 -0.253
201912 -0.080 126.235 -0.104
202003 0.360 124.705 0.474
202006 -0.160 127.000 -0.207
202009 1.230 130.118 1.553
202012 0.910 130.889 1.142
202103 5.580 131.771 6.956
202106 3.050 134.084 3.737
202109 2.620 135.847 3.168
202112 3.510 138.161 4.173
202203 3.560 138.822 4.213
202206 2.310 142.347 2.666
202209 1.850 144.661 2.101
202212 0.400 145.763 0.451
202303 0.780 146.865 0.872
202306 -0.640 150.280 -0.700
202309 1.920 151.492 2.082
202312 -1.190 152.924 -1.278
202403 -3.680 153.035 -3.950
202406 -0.990 155.789 -1.044
202409 -0.750 157.882 -0.780
202412 -2.050 158.323 -2.127
202503 -1.530 157.552 -1.595
202506 -12.560 159.755 -12.915
202509 1.970 162.289 1.994
202512 7.150 163.281 7.193
202603 12.060 164.272 12.060

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 ₹4.84 mean?
Borosil Renewables (NSE:BORORENEW) has a E10 of ₹4.84 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Borosil Renewables and its competitors.
Is Borosil Renewables' E10 too high?
Borosil Renewables' current E10 is ₹4.84. Overall, Borosil Renewables has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Borosil Renewables' E10 compare to FSLR and NXT?
Borosil Renewables' E10 of ₹4.84 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Borosil Renewables and its competitors. Borosil Renewables's current E10 is ₹4.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borosil Renewables stock overvalued right now?
Based on GuruFocus' analysis, Borosil Renewables (NSE:BORORENEW) is currently considered Fairly Valued. The stock's GF Value™ is ₹591.47, compared to a current price of ₹621.70 — trading 5.1% above its estimated fair value. The current E10 is ₹4.84. Borosil Renewables' overall GF Score™ is 86/100 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 Borosil Renewables (NSE:BORORENEW), the current E10 is ₹4.84 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 Borosil Renewables (NSE:BORORENEW) Overvalued in 2026?

Based on GuruFocus' analysis, Borosil Renewables stock appears to be overvalued. The current stock price of ₹621.70 is trading 5.1% above its estimated GF Value™ of ₹591.47. GuruFocus considers Borosil Renewables to be Fairly Valued.

Key valuation signals for NSE:BORORENEW:

  • E10: ₹4.84
  • GF Value™: ₹591.47 vs. price of ₹621.70 (5.1% above fair value)
  • GF Score™: 86/100 with 4 warning signs

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


Borosil Renewables Business Description

Other Exchanges 502219:India
Address No. 1101, Crescenzo, G-Block, Bandra Kurla Complex, Opposite MCA Club, Bandra (East), Mumbai, MH, IND, 400051
Borosil Renewables Ltd is an Indian holding company that manufactures and sells Solar Glass. The company manufactures Low-Iron textured Solar Glass for Photovoltaic panels, Flat plate collectors, and Greenhouses. The company's operating segment is the Manufacture of Flat glass. The company serves both domestic and international markets. The majority of the company's revenue is generated within India.
86GF Score

Get the complete analysis for NSE:BORORENEW

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

₹621.70
Price
₹591.47
GF Value