Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) E10: ₹34.09 (As of Mar. 2026)


NSE:DALMIASUG Dalmia Bharat Sugar and Industries Ltd NSE:DALMIASUG
67 GF Score
Price ₹324.95
GF Value ₹418.05
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dalmia Bharat Sugar and Industries E10?

Dalmia Bharat Sugar and Industries NSE:DALMIASUG -0.98% 67 E10 is ₹34.09 as of Mar. 2026. GuruFocus rates NSE:DALMIASUG with a GF Score™ of 67/100 and a GF Value™ of ₹418.05 (Modestly 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.

Dalmia Bharat Sugar and Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹12.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹34.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dalmia Bharat Sugar and Industries's average E10 Growth Rate was 4.60% 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 (2026-06-28), Dalmia Bharat Sugar and Industries's current stock price is ₹324.95. Dalmia Bharat Sugar and Industries's E10 for the quarter that ended in Mar. 2026 was ₹34.09. Dalmia Bharat Sugar and Industries's Shiller PE Ratio of today is 9.53.

During the past 13 years, the highest Shiller PE Ratio of Dalmia Bharat Sugar and Industries was 18.51. The lowest was 8.34. And the median was 11.46.


Dalmia Bharat Sugar and Industries  (NSE:DALMIASUG) 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.

Dalmia Bharat Sugar and Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=324.95/34.09
=9.53

* 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 Dalmia Bharat Sugar and Industries was 18.51. The lowest was 8.34. And the median was 11.46.


Be Aware

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


Dalmia Bharat Sugar and Industries E10 Related Terms


Dalmia Bharat Sugar and Industries E10 Historical Data

* Premium members only.

The historical data trend for Dalmia Bharat Sugar and Industries'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.

Dalmia Bharat Sugar and Industries E10 Chart

Dalmia Bharat Sugar and Industries 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 0.00 32.64 34.09

Dalmia Bharat Sugar and Industries 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 32.64 32.69 32.50 32.92 34.09

NSE:DALMIASUG vs MDLZ, HSY, TR: E10 Comparison

For the Confectioners subindustry, Dalmia Bharat Sugar and Industries'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.


Dalmia Bharat Sugar and Industries Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dalmia Bharat Sugar and Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dalmia Bharat Sugar and Industries's Shiller PE Ratio falls into.


NSE:DALMIASUG
67GF Score
Dalmia Bharat Sugar and Industries Ltd NSE:DALMIASUG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dalmia Bharat Sugar and Industries 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, Dalmia Bharat Sugar and Industries'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)
=12.79/164.2724*164.2724
=12.790

Current CPI (Mar. 2026) = 164.2724.

Dalmia Bharat Sugar and Industries Quarterly Data

per share eps CPI Adj_EPS
201209 -0.450 82.244 -0.899
201212 0.560 83.774 1.098
201303 0.860 85.687 1.649
201403 0.000 91.425 0.000
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 7.300 111.317 10.773
201809 4.030 115.142 5.750
201812 4.960 115.142 7.076
201903 5.340 118.202 7.421
201906 6.720 120.880 9.132
201909 6.190 123.175 8.255
201912 3.300 126.235 4.294
202003 7.660 124.705 10.090
202006 15.550 127.000 20.114
202009 6.860 130.118 8.661
202012 4.580 130.889 5.748
202103 6.400 131.771 7.979
202106 15.350 134.084 18.806
202109 7.320 135.847 8.852
202112 6.990 138.161 8.311
202203 6.820 138.822 8.070
202206 6.090 142.347 7.028
202209 1.450 144.661 1.647
202212 8.020 145.763 9.038
202303 15.350 146.865 17.169
202306 7.580 150.280 8.286
202309 6.780 151.492 7.352
202312 8.020 152.924 8.615
202403 11.280 153.035 12.108
202406 6.760 155.789 7.128
202409 6.590 157.882 6.857
202412 7.330 158.323 7.605
202503 24.550 157.552 25.597
202506 4.740 159.755 4.874
202509 2.880 162.289 2.915
202512 8.590 163.281 8.642
202603 12.790 164.272 12.790

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 ₹34.09 mean?
Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) has a E10 of ₹34.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dalmia Bharat Sugar and Industries and its competitors.
Is Dalmia Bharat Sugar and Industries' E10 too high?
Dalmia Bharat Sugar and Industries' current E10 is ₹34.09. Overall, Dalmia Bharat Sugar and Industries has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dalmia Bharat Sugar and Industries' E10 compare to MDLZ and HSY?
Dalmia Bharat Sugar and Industries' E10 of ₹34.09 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 Dalmia Bharat Sugar and Industries and its competitors. Dalmia Bharat Sugar and Industries's current E10 is ₹34.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalmia Bharat Sugar and Industries stock overvalued right now?
Based on GuruFocus' analysis, Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹418.05, compared to a current price of ₹324.95 — trading 22.3% below its estimated fair value. The current E10 is ₹34.09. Dalmia Bharat Sugar and Industries' overall GF Score™ is 67/100 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 Dalmia Bharat Sugar and Industries (NSE:DALMIASUG), the current E10 is ₹34.09 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 Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) Overvalued in 2026?

Based on GuruFocus' analysis, Dalmia Bharat Sugar and Industries stock appears to be undervalued. The current stock price of ₹324.95 is trading 22.3% below its estimated GF Value™ of ₹418.05. GuruFocus considers Dalmia Bharat Sugar and Industries to be Modestly Undervalued.

Key valuation signals for NSE:DALMIASUG:

  • E10: ₹34.09
  • GF Value™: ₹418.05 vs. price of ₹324.95 (22.3% below fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Dalmia Bharat Sugar and Industries Business Description

Other Exchanges 500097:India
Address 15, Barakhamba Road, 4th Floor, Corporate Office, Hansalaya Building, New Delhi, IND, 110001
Dalmia Bharat Sugar and Industries Ltd is mainly engaged in the manufacturing of sugar, generation of power, manufacturing of Industrial alcohol, and manufacturing of refractory products. The group's operating segments are Own Manufactured Sugar, Distillery, and Others. The Own Manufactured Sugar segment of the company derives the majority of its revenue and includes the manufacture and marketing of sugar. The Distillery segment includes the production and sale of ethanol and ENA, and the Others segment includes magnesite, travel, and electronics activities of the company. Geographically, the group has its presence in both domestic and overseas markets, of which the maximum revenue is generated from the domestic market, representing the sale of its products to customers located in India.
67GF Score

Get the complete analysis for NSE:DALMIASUG

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

₹324.95
Price
₹418.05
GF Value