Cipla (NSE:CIPLA) E10: ₹0.00 (As of Jun. 2026)

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NSE:CIPLA Cipla Ltd NSE:CIPLA
96 GF Score
Price ₹1,393.00
GF Value ₹1,581.52
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Cipla E10?

Cipla NSE:CIPLA -1.56% 96 E10 is ₹0.00 as of Jun. 2026. GuruFocus rates NSE:CIPLA with a GF Score™ of 96/100 and a GF Value™ of ₹1,581.52 (Modestly Undervalued). The stock has 3 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.

Cipla's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹9.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Cipla's average E10 Growth Rate was 10.40% per year. During the past 3 years, the average E10 Growth Rate was 13.20% per year. During the past 5 years, the average E10 Growth Rate was 11.10% 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 Cipla was 13.20% per year. The lowest was 8.20% per year. And the median was 10.40% per year.

As of today (2026-07-23), Cipla's current stock price is ₹1393.00. Cipla's E10 for the quarter that ended in Jun. 2026 was ₹0.00. Cipla's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cipla was 53.47. The lowest was 18.31. And the median was 40.03.


Cipla  (NSE:CIPLA) 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.

During the past 13 years, the highest Shiller P/E Ratio of Cipla was 53.47. The lowest was 18.31. And the median was 40.03.


Be Aware

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


Cipla E10 Related Terms


Cipla E10 Historical Data

* Premium members only.

The historical data trend for Cipla'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.

Cipla E10 Chart

Cipla 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 25.00 26.55 29.93 34.89 38.54

Cipla 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 35.70 36.89 37.41 38.54 0.00

NSE:CIPLA vs ZTS, UTHR: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Cipla'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.


Cipla Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cipla's Shiller PE Ratio distribution charts can be found below:

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


NSE:CIPLA
96GF Score
Cipla Ltd NSE:CIPLA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cipla 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, Cipla'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)
=9.76/166.1454*166.1454
=9.760

Current CPI (Jun. 2026) = 166.1454.

Cipla Quarterly Data

per share eps CPI Adj_EPS
201609 4.400 105.961 6.899
201612 4.650 105.196 7.344
201703 -0.770 105.196 -1.216
201706 5.070 107.109 7.865
201709 5.240 109.021 7.986
201712 4.970 109.404 7.548
201803 2.220 109.786 3.360
201806 5.590 111.317 8.343
201809 4.670 115.142 6.739
201812 4.120 115.142 5.945
201903 4.550 118.202 6.396
201906 5.930 120.880 8.151
201909 5.840 123.175 7.877
201912 4.350 126.235 5.725
202003 3.040 124.705 4.050
202006 7.160 127.000 9.367
202009 8.240 130.118 10.522
202012 9.260 130.889 11.754
202103 5.120 131.771 6.456
202106 8.850 134.084 10.966
202109 8.800 135.847 10.763
202112 9.020 138.161 10.847
202203 4.490 138.822 5.374
202206 8.500 142.347 9.921
202209 9.770 144.661 11.221
202212 9.920 145.763 11.307
202303 6.510 146.865 7.365
202306 12.330 150.280 13.632
202309 14.000 151.492 15.354
202312 13.070 152.924 14.200
202403 11.620 153.035 12.616
202406 14.570 155.789 15.539
202409 16.120 157.882 16.964
202412 19.430 158.323 20.390
202503 15.120 157.552 15.945
202506 16.060 159.755 16.702
202509 16.720 162.289 17.117
202512 8.360 163.281 8.507
202603 6.860 164.272 6.938
202606 9.760 166.145 9.760

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 ₹0.00 mean?
Cipla (NSE:CIPLA) has a E10 of ₹0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cipla and its competitors.
Is Cipla's E10 too high?
Cipla's current E10 is ₹0.00. Overall, Cipla has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cipla's E10 compare to ZTS and UTHR?
Cipla's E10 of ₹0.00 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Cipla and its competitors. Cipla's current E10 is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cipla stock overvalued right now?
Based on GuruFocus' analysis, Cipla (NSE:CIPLA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,581.52, compared to a current price of ₹1,393.00 — trading 11.9% below its estimated fair value. The current E10 is ₹0.00. Cipla's overall GF Score™ is 96/100 with 3 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 Cipla (NSE:CIPLA), the current E10 is ₹0.00 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 Cipla (NSE:CIPLA) Overvalued in 2026?

Based on GuruFocus' analysis, Cipla stock appears to be undervalued. The current stock price of ₹1,393.00 is trading 11.9% below its estimated GF Value™ of ₹1,581.52. GuruFocus considers Cipla to be Modestly Undervalued.

Key valuation signals for NSE:CIPLA:

  • E10: ₹0.00
  • GF Value™: ₹1,581.52 vs. price of ₹1,393.00 (11.9% below fair value)
  • GF Score™: 96/100 with 3 warning signs

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


Cipla Business Description

Other Exchanges 500087:India
Address Ganpatrao Kadam Marg, Cipla House, Peninsula Business Park, Lower Parel, Mumbai, MH, IND, 400 013
Cipla Ltd is a drug manufacturing company that focuses on a variety of pharmaceutical products. The company's product portfolio spans complex generics as well as drugs in the respiratory, anti-retroviral, urology, cardiology, anti-infective, CNS, and various other key therapeutic segments. The bulk of its sales are generated in India, although it maintains a large world-wide presence. Cipla's growth plan focuses on new product launches. It has two segments Pharmaceuticals and new ventures. It derives maximum revenue from Pharmaceuticals Segment.
96GF Score

Get the complete analysis for NSE:CIPLA

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

₹1,393.00
Price
₹1,581.52
GF Value