Dredging of India (NSE:DREDGECORP) E10: ₹-12.91 (As of Mar. 2026)


NSE:DREDGECORP Dredging Corp of India Ltd NSE:DREDGECORP
61 GF Score
Price ₹1,077.50
GF Value ₹869.65
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Dredging of India E10?

Dredging of India NSE:DREDGECORP -2.47% 61 E10 is ₹-12.91 as of Mar. 2026. GuruFocus rates NSE:DREDGECORP with a GF Score™ of 61/100 and a GF Value™ of ₹869.65 (Modestly Overvalued). The stock has 6 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.

Dredging of India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹34.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-12.91 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -66.80% 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 Dredging of India was -66.80% per year. The lowest was -66.80% per year. And the median was -66.80% per year.

As of today (2026-07-04), Dredging of India's current stock price is ₹1077.50. Dredging of India's E10 for the quarter that ended in Mar. 2026 was ₹-12.91. Dredging of India's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Dredging of India was 95.58. The lowest was 12.59. And the median was 54.95.


Dredging of India  (NSE:DREDGECORP) 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 Dredging of India was 95.58. The lowest was 12.59. And the median was 54.95.


Be Aware

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


Dredging of India E10 Related Terms


Dredging of India E10 Historical Data

* Premium members only.

The historical data trend for Dredging of 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.

Dredging of India E10 Chart

Dredging of 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 5.16 -2.79 -4.05 -10.45 -12.91

Dredging of 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 -10.45 -12.73 -15.39 -15.22 -12.91

NSE:DREDGECORP vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Dredging of 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.


Dredging of India Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Dredging of India's Shiller PE Ratio distribution charts can be found below:

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


NSE:DREDGECORP
61GF Score
Dredging Corp of India Ltd NSE:DREDGECORP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dredging of 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, Dredging of 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)
=34.62/164.2724*164.2724
=34.620

Current CPI (Mar. 2026) = 164.2724.

Dredging of India Quarterly Data

per share eps CPI Adj_EPS
201606 1.429 105.961 2.215
201609 -5.130 105.961 -7.953
201612 5.010 105.196 7.824
201703 1.240 105.196 1.936
201706 1.420 107.109 2.178
201709 6.640 109.021 10.005
201712 -8.040 109.404 -12.072
201803 6.108 109.786 9.139
201806 1.020 111.317 1.505
201809 -28.270 115.142 -40.333
201812 3.500 115.142 4.993
201903 37.330 118.202 51.880
201906 0.290 120.880 0.394
201909 -7.960 123.175 -10.616
201912 11.200 126.235 14.575
202003 -1.560 124.705 -2.055
202006 4.090 127.000 5.290
202009 -16.950 130.118 -21.399
202012 -9.150 130.889 -11.484
202103 -37.990 131.771 -47.360
202106 -8.110 134.084 -9.936
202109 -1.420 135.847 -1.717
202112 10.220 138.161 12.152
202203 0.433 138.822 0.512
202206 -5.610 142.347 -6.474
202209 10.220 144.661 11.605
202212 4.940 145.763 5.567
202303 -79.620 146.865 -89.057
202306 5.410 150.280 5.914
202309 5.990 151.492 6.495
202312 9.720 152.924 10.441
202403 -9.750 153.035 -10.466
202406 -11.220 155.789 -11.831
202409 -11.970 157.882 -12.454
202412 5.730 158.323 5.945
202503 -8.800 157.552 -9.175
202506 -8.330 159.755 -8.566
202509 -12.210 162.289 -12.359
202512 -8.800 163.281 -8.853
202603 34.620 164.272 34.620

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 ₹-12.91 mean?
Dredging of India (NSE:DREDGECORP) has a E10 of ₹-12.91 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dredging of India and its competitors.
Is Dredging of India's E10 too high?
Dredging of India's current E10 is ₹-12.91. Overall, Dredging of India has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dredging of India's E10 compare to PWR and FIX?
Dredging of India's E10 of ₹-12.91 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Dredging of India and its competitors. Dredging of India's current E10 is ₹-12.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dredging of India stock overvalued right now?
Based on GuruFocus' analysis, Dredging of India (NSE:DREDGECORP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹869.65, compared to a current price of ₹1,077.50 — trading 23.9% above its estimated fair value. The current E10 is ₹-12.91. Dredging of India's overall GF Score™ is 61/100 with 6 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 Dredging of India (NSE:DREDGECORP), the current E10 is ₹-12.91 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 Dredging of India (NSE:DREDGECORP) Overvalued in 2026?

Based on GuruFocus' analysis, Dredging of India stock appears to be overvalued. The current stock price of ₹1,077.50 is trading 23.9% above its estimated GF Value™ of ₹869.65. GuruFocus considers Dredging of India to be Modestly Overvalued.

Key valuation signals for NSE:DREDGECORP:

  • E10: ₹-12.91
  • GF Value™: ₹869.65 vs. price of ₹1,077.50 (23.9% above fair value)
  • GF Score™: 61/100 with 6 warning signs

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


Dredging of India Business Description

Other Exchanges 523618:India
Address HB Colony Main Road, Dredge House, Seethammadhara, Visakhapatnam, AP, IND, 530022
Dredging Corp of India Ltd provides integrated dredging and related marine services for ports, maritime trade, beach nourishment, reclamation, and inland dredging majorly across India. The company operates a fleet of dredgers to deepen and maintain sea coasts, river sides, canals, and ports, supporting expanding port operations driven by government initiatives such as the Sagarmala Programme. It also pursues business opportunities in overseas markets including the Middle East, Southeast Asia, and South Asia. Revenue is generated through contracts with majority ports and maritime organizations, as well as emerging industrial and infrastructure projects requiring dredging services.
61GF Score

Get the complete analysis for NSE:DREDGECORP

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

₹1,077.50
Price
₹869.65
GF Value