Dabur India (NSE:DABUR) E10: ₹11.24 (As of Mar. 2026)


NSE:DABUR Dabur India Ltd NSE:DABUR
94 GF Score
Price ₹423.90
GF Value ₹575.27
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dabur India E10?

Dabur India NSE:DABUR -0.05% 94 E10 is ₹11.24 as of Mar. 2026. GuruFocus rates NSE:DABUR with a GF Score™ of 94/100 and a GF Value™ of ₹575.27 (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.

Dabur India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹11.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dabur India's average E10 Growth Rate was 3.10% per year. During the past 3 years, the average E10 Growth Rate was 4.00% per year. During the past 5 years, the average E10 Growth Rate was 5.50% 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 Dabur India was 7.60% per year. The lowest was 4.00% per year. And the median was 6.40% per year.

As of today (2026-06-28), Dabur India's current stock price is ₹423.90. Dabur India's E10 for the quarter that ended in Mar. 2026 was ₹11.24. Dabur India's Shiller PE Ratio of today is 37.71.

During the past 13 years, the highest Shiller PE Ratio of Dabur India was 74.48. The lowest was 37.11. And the median was 55.59.


Dabur India  (NSE:DABUR) 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.

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

Shiller PE Ratio=Share Price/E10
=423.90/11.24
=37.71

* 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 Dabur India was 74.48. The lowest was 37.11. And the median was 55.59.


Be Aware

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


Dabur India E10 Related Terms


Dabur India E10 Historical Data

* Premium members only.

The historical data trend for Dabur India'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.

Dabur India E10 Chart

Dabur India 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 9.24 9.99 10.58 10.90 11.24

Dabur India 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 10.90 11.04 11.17 11.27 11.24

NSE:DABUR vs PG, CL, KVUE: E10 Comparison

For the Household & Personal Products subindustry, Dabur India'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.


Dabur India Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dabur India's Shiller PE Ratio distribution charts can be found below:

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


NSE:DABUR
94GF Score
Dabur India Ltd NSE:DABUR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dabur India 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, Dabur India'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)
=2.07/164.2724*164.2724
=2.070

Current CPI (Mar. 2026) = 164.2724.

Dabur India Quarterly Data

per share eps CPI Adj_EPS
201606 1.650 105.961 2.558
201609 2.020 105.961 3.132
201612 1.660 105.196 2.592
201703 1.880 105.196 2.936
201706 1.490 107.109 2.285
201709 2.050 109.021 3.089
201712 1.880 109.404 2.823
201803 2.240 109.786 3.352
201806 1.860 111.317 2.745
201809 2.120 115.142 3.025
201812 2.060 115.142 2.939
201903 2.090 118.202 2.905
201906 2.050 120.880 2.786
201909 2.270 123.175 3.027
201912 2.240 126.235 2.915
202003 1.580 124.705 2.081
202006 1.930 127.000 2.496
202009 2.730 130.118 3.447
202012 2.780 130.889 3.489
202103 2.130 131.771 2.655
202106 2.470 134.084 3.026
202109 2.850 135.847 3.446
202112 2.840 138.161 3.377
202203 1.660 138.822 1.964
202206 2.480 142.347 2.862
202209 2.760 144.661 3.134
202212 2.680 145.763 3.020
202303 1.690 146.865 1.890
202306 2.610 150.280 2.853
202309 2.900 151.492 3.145
202312 2.900 152.924 3.115
202403 1.970 153.035 2.115
202406 2.820 155.789 2.974
202409 2.390 157.882 2.487
202412 2.940 158.323 3.050
202503 1.800 157.552 1.877
202506 2.890 159.755 2.972
202509 2.550 162.289 2.581
202512 3.150 163.281 3.169
202603 2.070 164.272 2.070

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 ₹11.24 mean?
Dabur India (NSE:DABUR) has a E10 of ₹11.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dabur India and its competitors.
Is Dabur India's E10 too high?
Dabur India's current E10 is ₹11.24. Overall, Dabur India has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dabur India's E10 compare to PG and CL?
Dabur India's E10 of ₹11.24 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Dabur India and its competitors. Dabur India's current E10 is ₹11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dabur India stock overvalued right now?
Based on GuruFocus' analysis, Dabur India (NSE:DABUR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹575.27, compared to a current price of ₹423.90 — trading 26.3% below its estimated fair value. The current E10 is ₹11.24. Dabur India's overall GF Score™ is 94/100 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 Dabur India (NSE:DABUR), the current E10 is ₹11.24 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 Dabur India (NSE:DABUR) Overvalued in 2026?

Based on GuruFocus' analysis, Dabur India stock appears to be undervalued. The current stock price of ₹423.90 is trading 26.3% below its estimated GF Value™ of ₹575.27. GuruFocus considers Dabur India to be Modestly Undervalued.

Key valuation signals for NSE:DABUR:

  • E10: ₹11.24
  • GF Value™: ₹575.27 vs. price of ₹423.90 (26.3% below fair value)
  • GF Score™: 94/100 with 3 warning signs

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


Dabur India Business Description

Other Exchanges 500096:India
Address Kaushambi, Dabur Corporate Office, Sahibabad, Ghaziabad, UP, IND, 201010
Dabur India Ltd is an Indian FMCG company. Dabur operates in various consumer product categories: hair care, oral care, healthcare, skin care, home and personal care foods. Its portfolio includes the following separate brand identities, promoting a product category: Dabur, for natural healthcare products; Real, for fruit juices and drinks; Vatika, for premium personal care; Hajmola, for digestives; and Fem for skin-care products. The operating segments of the company are; Consumer care, Food, Retail, and others. Maximum revenue is generated from its Consumer care business which represents the sales of home care, personal care, and health care products.
94GF Score

Get the complete analysis for NSE:DABUR

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

₹423.90
Price
₹575.27
GF Value