Fine Organic Industries (NSE:FINEORG) E10: ₹119.25 (As of Jun. 2026)

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NSE:FINEORG Fine Organic Industries Ltd NSE:FINEORG
95 GF Score
Price ₹5,120.70
GF Value ₹4,826.56
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Fine Organic Industries E10?

Fine Organic Industries NSE:FINEORG +1.85% 95 E10 is ₹119.25 as of Jun. 2026. GuruFocus rates NSE:FINEORG with a GF Score™ of 95/100 and a GF Value™ of ₹4,826.56 (Fairly Valued). 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.

Fine Organic Industries's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹45.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹119.25 for the trailing ten years ended in Jun. 2026.

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 (2026-08-12), Fine Organic Industries's current stock price is ₹5120.70. Fine Organic Industries's E10 for the quarter that ended in Jun. 2026 was ₹119.25. Fine Organic Industries's Shiller PE Ratio of today is 42.94.

During the past 13 years, the highest Shiller PE Ratio of Fine Organic Industries was 43.80. The lowest was 40.63. And the median was 42.59.


Fine Organic Industries  (NSE:FINEORG) 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.

Fine Organic Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5120.70/119.25
=42.94

* 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 Fine Organic Industries was 43.80. The lowest was 40.63. And the median was 42.59.


Be Aware

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


Fine Organic Industries E10 Related Terms


Fine Organic Industries E10 Historical Data

* Premium members only.

The historical data trend for Fine Organic 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.

Fine Organic Industries E10 Chart

Fine Organic 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 0.00 0.00

Fine Organic Industries 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 0.00 0.00 0.00 0.00 119.25

NSE:FINEORG vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Fine Organic 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.


Fine Organic Industries Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fine Organic Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fine Organic Industries's Shiller PE Ratio falls into.


NSE:FINEORG
95GF Score
Fine Organic Industries Ltd NSE:FINEORG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fine Organic 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, Fine Organic Industries'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)
=45.06/166.1454*166.1454
=45.060

Current CPI (Jun. 2026) = 166.1454.

Fine Organic Industries Quarterly Data

per share eps CPI Adj_EPS
201303 0.000 85.687 0.000
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
201712 0.000 109.404 0.000
201803 11.214 109.786 16.971
201806 14.800 111.317 22.090
201809 10.680 115.142 15.411
201812 10.960 115.142 15.815
201903 8.686 118.202 12.209
201906 12.260 120.880 16.851
201909 18.600 123.175 25.089
201912 11.680 126.235 15.373
202003 11.205 124.705 14.928
202006 9.340 127.000 12.219
202009 10.180 130.118 12.999
202012 9.360 130.889 11.881
202103 10.364 131.771 13.068
202106 11.720 134.084 14.522
202109 16.270 135.847 19.899
202112 16.960 138.161 20.395
202203 39.770 138.822 47.598
202206 52.120 142.347 60.834
202209 66.090 144.661 75.905
202212 34.650 145.763 39.495
202303 48.740 146.865 55.139
202306 32.540 150.280 35.975
202309 33.710 151.492 36.971
202312 30.730 152.924 33.387
202403 37.360 153.035 40.561
202406 36.940 155.789 39.396
202409 38.300 157.882 40.305
202412 26.970 158.323 28.303
202503 31.680 157.552 33.408
202506 38.190 159.755 39.718
202509 33.400 162.289 34.194
202512 24.110 163.281 24.533
202603 38.320 164.272 38.757
202606 45.060 166.145 45.060

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 ₹119.25 mean?
Fine Organic Industries (NSE:FINEORG) has a E10 of ₹119.25 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fine Organic Industries and its competitors.
Is Fine Organic Industries' E10 too high?
Fine Organic Industries' current E10 is ₹119.25. Overall, Fine Organic Industries has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fine Organic Industries' E10 compare to LIN and SHW?
Fine Organic Industries' E10 of ₹119.25 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Fine Organic Industries and its competitors. Fine Organic Industries's current E10 is ₹119.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Organic Industries stock overvalued right now?
Based on GuruFocus' analysis, Fine Organic Industries (NSE:FINEORG) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,826.56, compared to a current price of ₹5,120.70 — trading 6.1% above its estimated fair value. The current E10 is ₹119.25. Fine Organic Industries' overall GF Score™ is 95/100 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 Fine Organic Industries (NSE:FINEORG), the current E10 is ₹119.25 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 Fine Organic Industries (NSE:FINEORG) Overvalued in 2026?

Based on GuruFocus' analysis, Fine Organic Industries stock appears to be overvalued. The current stock price of ₹5,120.70 is trading 6.1% above its estimated GF Value™ of ₹4,826.56. GuruFocus considers Fine Organic Industries to be Fairly Valued.

Key valuation signals for NSE:FINEORG:

  • E10: ₹119.25
  • GF Value™: ₹4,826.56 vs. price of ₹5,120.70 (6.1% above fair value)
  • GF Score™: 95/100 with 6 warning signs

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


Fine Organic Industries Business Description

Other Exchanges 541557:India
Address Anandji Street, Off M. G. Road, Fine House, Ghatkopar (East), Mumbai, MH, IND, 400077
Fine Organic Industries Ltd is an Indian company engaged in the business of manufacturing oleochemical-based additives. The company produces specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, and several other specialty applications. Some of the chemicals in its product portfolio are Finalux G 101, Finasoft 100, Finamul 2402, and FinaGreen 1014 among others. Geographically, the company generates a majority of its revenue from outside India by exporting its products to various countries.
95GF Score

Get the complete analysis for NSE:FINEORG

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

₹5,120.70
Price
₹4,826.56
GF Value