Godfrey Phillips India (NSE:GODFRYPHLP) E10: ₹ (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:GODFRYPHLP Godfrey Phillips India Ltd NSE:GODFRYPHLP
83 GF Score
Price ₹2,018.00
GF Value ₹2,286.06
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Godfrey Phillips India E10?

Godfrey Phillips India NSE:GODFRYPHLP +3.86% 83 E10 is ₹ as of Jun. 2026. GuruFocus rates NSE:GODFRYPHLP with a GF Score™ of 83/100 and a GF Value™ of ₹2,286.06 (Modestly Undervalued). The stock has 3 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.

Godfrey Phillips India's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹12.719. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, Godfrey Phillips India's average E10 Growth Rate was 16.70% 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 (2026-09-21), Godfrey Phillips India's current stock price is ₹2018.00. Godfrey Phillips India's E10 for the quarter that ended in Jun. 2026 was . Godfrey Phillips India's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Godfrey Phillips India was 83.96. The lowest was 35.59. And the median was 48.71.


Godfrey Phillips India  (NSE:GODFRYPHLP) 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 Godfrey Phillips India was 83.96. The lowest was 35.59. And the median was 48.71.


Be Aware

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


Godfrey Phillips India E10 Related Terms


Godfrey Phillips India E10 Historical Data

* Premium members only.

The historical data trend for Godfrey Phillips 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.

Godfrey Phillips India E10 Chart

Godfrey Phillips 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 - - - - -

Godfrey Phillips India 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 - - - - -

NSE:GODFRYPHLP vs PM, MO, TPB: E10 Comparison

For the Tobacco subindustry, Godfrey Phillips 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.


Godfrey Phillips India Shiller PE Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Godfrey Phillips India's Shiller PE Ratio distribution charts can be found below:

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


NSE:GODFRYPHLP
83GF Score
Godfrey Phillips India Ltd NSE:GODFRYPHLP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Godfrey Phillips 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, Godfrey Phillips India'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)
=12.7188/167.3573*167.3573
=12.719

Current CPI (Jun. 2026) = 167.3573.

Godfrey Phillips India Quarterly Data

per share eps CPI Adj_EPS
200703 48.581 0.000
200803 52.407 0.000
200903 56.615 0.000
201003 65.030 0.000
201103 70.768 0.000
201203 76.889 0.000
201303 85.687 0.000
201806 3.682 111.317 5.535
201809 4.659 115.142 6.772
201812 5.253 115.142 7.634
201903 3.095 118.202 4.382
201906 7.607 120.880 10.531
201909 7.278 123.175 9.889
201912 7.309 126.235 9.689
202003 2.480 124.705 3.329
202006 3.533 127.000 4.655
202009 6.630 130.118 8.528
202012 7.870 130.889 10.062
202103 6.107 131.771 7.756
202106 7.203 134.084 8.991
202109 6.728 135.847 8.288
202112 7.503 138.161 9.088
202203 6.651 138.822 8.018
202206 9.123 142.347 10.726
202209 12.939 144.661 14.969
202212 12.774 145.763 14.666
202303 9.431 146.865 10.746
202306 16.313 150.280 18.167
202309 12.955 151.492 14.312
202312 13.614 152.924 14.899
202403 13.730 153.035 15.015
202406 14.653 155.789 15.741
202409 15.920 157.882 16.876
202412 20.249 158.323 21.405
202503 17.905 157.552 19.020
202506 22.843 159.755 23.930
202509 19.556 162.289 20.166
202512 22.008 163.281 22.558
202603 33.429 164.272 34.057
202606 12.719 167.357 12.719

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 ₹ mean?
Godfrey Phillips India (NSE:GODFRYPHLP) has a E10 of ₹ as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Godfrey Phillips India and its competitors.
Is Godfrey Phillips India's E10 too high?
Godfrey Phillips India's current E10 is ₹. Overall, Godfrey Phillips India has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Godfrey Phillips India's E10 compare to PM and MO?
Godfrey Phillips India's E10 of ₹ can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good E10 depends on the Tobacco Products 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 Godfrey Phillips India and its competitors. Godfrey Phillips India's current E10 is ₹. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godfrey Phillips India stock overvalued right now?
Based on GuruFocus' analysis, Godfrey Phillips India (NSE:GODFRYPHLP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,286.06, compared to a current price of ₹2,018.00 — trading 11.7% below its estimated fair value. The current E10 is ₹. Godfrey Phillips India's overall GF Score™ is 83/100 with 3 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 Godfrey Phillips India (NSE:GODFRYPHLP), the current E10 is ₹ 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 Godfrey Phillips India (NSE:GODFRYPHLP) Overvalued in 2026?

Based on GuruFocus' analysis, Godfrey Phillips India stock appears to be undervalued. The current stock price of ₹2,018.00 is trading 11.7% below its estimated GF Value™ of ₹2,286.06. GuruFocus considers Godfrey Phillips India to be Modestly Undervalued.

Key valuation signals for NSE:GODFRYPHLP:

  • E10:
  • GF Value™: ₹2,286.06 vs. price of ₹2,018.00 (11.7% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Godfrey Phillips India Business Description

Other Exchanges 500163:India
Address Omaxe Square, Plot No.14, Jasola District Centre, Jasola, New Delhi, IND, 110025
Godfrey Phillips India Ltd is a cigarette manufacturer that sells its products globally under brand names including Four Square, Red & White, Cavanders, Jaisalmer, Stellar, and Marlboro which it has a license to sell in India. Cigarette sales account for the vast majority of the total revenue, although the company also sells tea and other retail products. The company operates through three reportable segments: Cigarette, Tobacco, and Related Products and Related Products; and Others. The majority of the Godfrey Phillips sales are generated in India, but the company exports some of its cigarette brands and cuts tobacco.
83GF Score

Get the complete analysis for NSE:GODFRYPHLP

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

₹2,018.00
Price
₹2,286.06
GF Value