Goa Carbon (NSE:GOACARBON) E10: ₹22.35 (As of Mar. 2026)


NSE:GOACARBON Goa Carbon Ltd NSE:GOACARBON
73 GF Score
Price ₹389.15
GF Value ₹488.72
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Goa Carbon E10?

Goa Carbon NSE:GOACARBON -0.97% 73 E10 is ₹22.35 as of Mar. 2026. GuruFocus rates NSE:GOACARBON with a GF Score™ of 73/100 and a GF Value™ of ₹488.72 (Modestly Undervalued). The stock has 4 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.

Goa Carbon's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹4.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹22.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Goa Carbon's average E10 Growth Rate was -22.30% 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 (2026-07-05), Goa Carbon's current stock price is ₹389.15. Goa Carbon's E10 for the quarter that ended in Mar. 2026 was ₹22.35. Goa Carbon's Shiller PE Ratio of today is 17.41.

During the past 13 years, the highest Shiller PE Ratio of Goa Carbon was 28.44. The lowest was 13.07. And the median was 17.71.


Goa Carbon  (NSE:GOACARBON) 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.

Goa Carbon's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=389.15/22.35
=17.41

* 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 Goa Carbon was 28.44. The lowest was 13.07. And the median was 17.71.


Be Aware

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


Goa Carbon E10 Related Terms


Goa Carbon E10 Historical Data

* Premium members only.

The historical data trend for Goa Carbon'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.

Goa Carbon E10 Chart

Goa Carbon 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 34.55 28.98 22.35

Goa Carbon 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 28.98 30.00 25.24 22.83 22.35

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

For the Specialty Chemicals subindustry, Goa Carbon'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.


Goa Carbon Shiller PE Ratio vs Chemicals Industry

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

* The bar in red indicates where Goa Carbon's Shiller PE Ratio falls into.


NSE:GOACARBON
73GF Score
Goa Carbon Ltd NSE:GOACARBON
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goa Carbon 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, Goa Carbon'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)
=4.91/164.2724*164.2724
=4.910

Current CPI (Mar. 2026) = 164.2724.

Goa Carbon Quarterly Data

per share eps CPI Adj_EPS
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
201706 6.280 107.109 9.632
201709 15.040 109.021 22.662
201712 24.590 109.404 36.922
201803 12.930 109.786 19.347
201806 8.140 111.317 12.012
201809 -1.390 115.142 -1.983
201812 -5.360 115.142 -7.647
201903 -9.600 118.202 -13.342
201906 -5.480 120.880 -7.447
201909 -15.050 123.175 -20.071
201912 -4.500 126.235 -5.856
202003 -5.280 124.705 -6.955
202006 -5.540 127.000 -7.166
202009 -5.490 130.118 -6.931
202012 -1.430 130.889 -1.795
202103 7.210 131.771 8.988
202106 0.130 134.084 0.159
202109 6.740 135.847 8.150
202112 17.810 138.161 21.176
202203 16.610 138.822 19.655
202206 15.830 142.347 18.268
202209 38.680 144.661 43.924
202212 27.960 145.763 31.510
202303 5.780 146.865 6.465
202306 13.760 150.280 15.041
202309 31.650 151.492 34.320
202312 37.800 152.924 40.605
202403 10.230 153.035 10.981
202406 3.260 155.789 3.438
202409 -11.070 157.882 -11.518
202412 -9.120 158.323 -9.463
202503 -7.150 157.552 -7.455
202506 -8.690 159.755 -8.936
202509 -23.390 162.289 -23.676
202512 -25.540 163.281 -25.695
202603 4.910 164.272 4.910

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 ₹22.35 mean?
Goa Carbon (NSE:GOACARBON) has a E10 of ₹22.35 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Goa Carbon and its competitors.
Is Goa Carbon's E10 too high?
Goa Carbon's current E10 is ₹22.35. Overall, Goa Carbon has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goa Carbon's E10 compare to LIN and SHW?
Goa Carbon's E10 of ₹22.35 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 Goa Carbon and its competitors. Goa Carbon's current E10 is ₹22.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goa Carbon stock overvalued right now?
Based on GuruFocus' analysis, Goa Carbon (NSE:GOACARBON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹488.72, compared to a current price of ₹389.15 — trading 20.4% below its estimated fair value. The current E10 is ₹22.35. Goa Carbon's overall GF Score™ is 73/100 with 4 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 Goa Carbon (NSE:GOACARBON), the current E10 is ₹22.35 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 Goa Carbon (NSE:GOACARBON) Overvalued in 2026?

Based on GuruFocus' analysis, Goa Carbon stock appears to be undervalued. The current stock price of ₹389.15 is trading 20.4% below its estimated GF Value™ of ₹488.72. GuruFocus considers Goa Carbon to be Modestly Undervalued.

Key valuation signals for NSE:GOACARBON:

  • E10: ₹22.35
  • GF Value™: ₹488.72 vs. price of ₹389.15 (20.4% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Goa Carbon Business Description

Other Exchanges 509567:India
Address Dempo House, Campal, Panaji, GA, IND, 403001
Goa Carbon Ltd is engaged in the business of manufacturing and marketing Calcined Petroleum Coke (CPC) as a single segment. The company is a regular supplier to aluminum smelters, graphite electrodes, and titanium Dioxide manufacturers, as well as other users in the metallurgical and chemical industries. The company is based in India.
73GF Score

Get the complete analysis for NSE:GOACARBON

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

₹389.15
Price
₹488.72
GF Value