Dhanuka Agritech (NSE:DHANUKA) E10: ₹51.45 (As of Jun. 2026)

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NSE:DHANUKA Dhanuka Agritech Ltd NSE:DHANUKA
96 GF Score
Price ₹1,009.70
GF Value ₹1,339.37
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Dhanuka Agritech E10?

Dhanuka Agritech NSE:DHANUKA -0.37% 96 E10 is ₹51.45 as of Jun. 2026. GuruFocus rates NSE:DHANUKA with a GF Score™ of 96/100 and a GF Value™ of ₹1,339.37 (Modestly Undervalued). The stock has 2 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.

Dhanuka Agritech's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹8.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹51.45 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Dhanuka Agritech's average E10 Growth Rate was 2.40% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 9.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Dhanuka Agritech was 11.00% per year. The lowest was 7.60% per year. And the median was 10.60% per year.

As of today (2026-08-15), Dhanuka Agritech's current stock price is ₹1009.70. Dhanuka Agritech's E10 for the quarter that ended in Jun. 2026 was ₹51.45. Dhanuka Agritech's Shiller PE Ratio of today is 19.62.

During the past 13 years, the highest Shiller PE Ratio of Dhanuka Agritech was 40.51. The lowest was 15.07. And the median was 22.73.


Dhanuka Agritech  (NSE:DHANUKA) 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.

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

Shiller PE Ratio=Share Price/E10
=1009.70/51.45
=19.62

* 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 Dhanuka Agritech was 40.51. The lowest was 15.07. And the median was 22.73.


Be Aware

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


Dhanuka Agritech E10 Related Terms


Dhanuka Agritech E10 Historical Data

* Premium members only.

The historical data trend for Dhanuka Agritech'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.

Dhanuka Agritech E10 Chart

Dhanuka Agritech 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 35.70 40.57 44.54 48.85 50.57

Dhanuka Agritech 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 50.01 48.60 48.98 50.57 51.45

NSE:DHANUKA vs CTVA, CF, MOS: E10 Comparison

For the Agricultural Inputs subindustry, Dhanuka Agritech'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.


Dhanuka Agritech Shiller PE Ratio vs Agriculture Industry

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

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


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

Dhanuka Agritech 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, Dhanuka Agritech'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)
=8.06/167.3573*167.3573
=8.060

Current CPI (Jun. 2026) = 167.3573.

Dhanuka Agritech Quarterly Data

per share eps CPI Adj_EPS
201609 10.020 105.961 15.826
201612 5.370 105.196 8.543
201703 5.000 105.196 7.955
201706 3.290 107.109 5.141
201709 10.760 109.021 16.518
201712 5.820 109.404 8.903
201803 5.840 109.786 8.902
201806 3.300 111.317 4.961
201809 11.210 115.142 16.294
201812 2.970 115.142 4.317
201903 5.530 118.202 7.830
201906 3.080 120.880 4.264
201909 12.610 123.175 17.133
201912 5.820 126.235 7.716
202003 8.200 124.705 11.005
202006 10.890 127.000 14.351
202009 14.730 130.118 18.946
202012 8.540 130.889 10.919
202103 10.450 131.771 13.272
202106 10.430 134.084 13.018
202109 13.610 135.847 16.767
202112 9.130 138.161 11.059
202203 11.680 138.822 14.081
202206 10.540 142.347 12.392
202209 15.680 144.661 18.140
202212 9.890 145.763 11.355
202303 14.240 146.865 16.227
202306 7.230 150.280 8.052
202309 22.330 151.492 24.669
202312 9.950 152.924 10.889
202403 12.950 153.035 14.162
202406 10.730 155.789 11.527
202409 25.830 157.882 27.380
202412 12.250 158.323 12.949
202503 16.740 157.552 17.782
202506 12.310 159.755 12.896
202509 20.850 162.289 21.501
202512 8.870 163.281 9.091
202603 21.690 164.272 22.097
202606 8.060 167.357 8.060

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 ₹51.45 mean?
Dhanuka Agritech (NSE:DHANUKA) has a E10 of ₹51.45 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dhanuka Agritech and its competitors.
Is Dhanuka Agritech's E10 too high?
Dhanuka Agritech's current E10 is ₹51.45. Overall, Dhanuka Agritech has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dhanuka Agritech's E10 compare to CTVA and CF?
Dhanuka Agritech's E10 of ₹51.45 can be compared against companies in the Agriculture 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 an Agriculture company?
A good E10 depends on the Agriculture 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 Dhanuka Agritech and its competitors. Dhanuka Agritech's current E10 is ₹51.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanuka Agritech stock overvalued right now?
Based on GuruFocus' analysis, Dhanuka Agritech (NSE:DHANUKA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,339.37, compared to a current price of ₹1,009.70 — trading 24.6% below its estimated fair value. The current E10 is ₹51.45. Dhanuka Agritech's overall GF Score™ is 96/100 with 2 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 Dhanuka Agritech (NSE:DHANUKA), the current E10 is ₹51.45 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 Dhanuka Agritech (NSE:DHANUKA) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanuka Agritech stock appears to be undervalued. The current stock price of ₹1,009.70 is trading 24.6% below its estimated GF Value™ of ₹1,339.37. GuruFocus considers Dhanuka Agritech to be Modestly Undervalued.

Key valuation signals for NSE:DHANUKA:

  • E10: ₹51.45
  • GF Value™: ₹1,339.37 vs. price of ₹1,009.70 (24.6% below fair value)
  • GF Score™: 96/100 with 2 warning signs

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


Dhanuka Agritech Business Description

Other Exchanges 507717:India
Address MG Road, Global Gateway Towers, Near Guru Dronacharya Metro Station, Gurugram, HR, IND, 122002
Dhanuka Agritech Ltd is involved in the manufacturing and marketing of plant protection agrochemicals. The product range consists of Insecticides, Herbicides, Fungicides, and Plant Growth Regulators in various forms; liquid, dust, powder, and granules. The firm generates a majority of its revenue from the agrochemicals segment. The company has a strategic partnership with American, Japanese, and European companies. Geographically, the company generates all of its revenue from India.
96GF Score

Get the complete analysis for NSE:DHANUKA

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

₹1,009.70
Price
₹1,339.37
GF Value