IFB Agro Industries (NSE:IFBAGRO) E10: ₹45.24 (As of Mar. 2026)


NSE:IFBAGRO IFB Agro Industries Ltd NSE:IFBAGRO
80 GF Score
Price ₹963.75
GF Value ₹822.96
Valuation Modestly Overvalued
! 2 Warning Signs
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What is IFB Agro Industries E10?

IFB Agro Industries NSE:IFBAGRO +1.20% 80 E10 is ₹45.24 as of Mar. 2026. GuruFocus rates NSE:IFBAGRO with a GF Score™ of 80/100 and a GF Value™ of ₹822.96 (Modestly Overvalued). 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.

IFB Agro Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹9.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹45.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IFB Agro Industries's average E10 Growth Rate was 6.80% per year. During the past 3 years, the average E10 Growth Rate was -2.00% per year. During the past 5 years, the average E10 Growth Rate was 0.10% 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 IFB Agro Industries was -0.10% per year. The lowest was -2.60% per year. And the median was -2.00% per year.

As of today (2026-07-05), IFB Agro Industries's current stock price is ₹963.75. IFB Agro Industries's E10 for the quarter that ended in Mar. 2026 was ₹45.24. IFB Agro Industries's Shiller PE Ratio of today is 21.30.

During the past 13 years, the highest Shiller PE Ratio of IFB Agro Industries was 36.93. The lowest was 8.22. And the median was 12.29.


IFB Agro Industries  (NSE:IFBAGRO) 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.

IFB Agro Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=963.75/45.24
=21.30

* 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 IFB Agro Industries was 36.93. The lowest was 8.22. And the median was 12.29.


Be Aware

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


IFB Agro Industries E10 Related Terms


IFB Agro Industries E10 Historical Data

* Premium members only.

The historical data trend for IFB Agro 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.

IFB Agro Industries E10 Chart

IFB Agro 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 45.79 48.15 41.44 42.19 45.24

IFB Agro Industries 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 42.19 43.00 45.29 45.19 45.24

NSE:IFBAGRO vs BF.B: E10 Comparison

For the Beverages - Wineries & Distilleries subindustry, IFB Agro 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.


IFB Agro Industries Shiller PE Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, IFB Agro Industries's Shiller PE Ratio distribution charts can be found below:

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


NSE:IFBAGRO
80GF Score
IFB Agro Industries Ltd NSE:IFBAGRO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IFB Agro 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, IFB Agro Industries'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)
=9.94/164.2724*164.2724
=9.940

Current CPI (Mar. 2026) = 164.2724.

IFB Agro Industries Quarterly Data

per share eps CPI Adj_EPS
201606 10.860 105.961 16.836
201609 10.600 105.961 16.433
201612 9.870 105.196 15.413
201703 2.900 105.196 4.529
201706 7.770 107.109 11.917
201709 12.260 109.021 18.473
201712 5.680 109.404 8.529
201803 4.850 109.786 7.257
201806 12.330 111.317 18.196
201809 11.620 115.142 16.578
201812 3.640 115.142 5.193
201903 5.890 118.202 8.186
201906 3.250 120.880 4.417
201909 15.180 123.175 20.245
201912 6.450 126.235 8.394
202003 -1.190 124.705 -1.568
202006 -1.820 127.000 -2.354
202009 17.800 130.118 22.472
202012 18.120 130.889 22.742
202103 15.410 131.771 19.211
202106 17.330 134.084 21.232
202109 22.590 135.847 27.317
202112 9.170 138.161 10.903
202203 13.430 138.822 15.892
202206 15.690 142.347 18.107
202209 17.190 144.661 19.520
202212 8.720 145.763 9.827
202303 10.850 146.865 12.136
202306 2.030 150.280 2.219
202309 -2.240 151.492 -2.429
202312 -5.390 152.924 -5.790
202403 -3.020 153.035 -3.242
202406 8.900 155.789 9.385
202409 2.230 157.882 2.320
202412 12.050 158.323 12.503
202503 0.670 157.552 0.699
202506 18.340 159.755 18.859
202509 24.230 162.289 24.526
202512 7.790 163.281 7.837
202603 9.940 164.272 9.940

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 ₹45.24 mean?
IFB Agro Industries (NSE:IFBAGRO) has a E10 of ₹45.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IFB Agro Industries and its competitors.
Is IFB Agro Industries' E10 too high?
IFB Agro Industries' current E10 is ₹45.24. Overall, IFB Agro Industries has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IFB Agro Industries' E10 compare to BF.B?
IFB Agro Industries' E10 of ₹45.24 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good E10 depends on the Beverages - Alcoholic 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 IFB Agro Industries and its competitors. IFB Agro Industries's current E10 is ₹45.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFB Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, IFB Agro Industries (NSE:IFBAGRO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹822.96, compared to a current price of ₹963.75 — trading 17.1% above its estimated fair value. The current E10 is ₹45.24. IFB Agro Industries' overall GF Score™ is 80/100 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 IFB Agro Industries (NSE:IFBAGRO), the current E10 is ₹45.24 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 IFB Agro Industries (NSE:IFBAGRO) Overvalued in 2026?

Based on GuruFocus' analysis, IFB Agro Industries stock appears to be overvalued. The current stock price of ₹963.75 is trading 17.1% above its estimated GF Value™ of ₹822.96. GuruFocus considers IFB Agro Industries to be Modestly Overvalued.

Key valuation signals for NSE:IFBAGRO:

  • E10: ₹45.24
  • GF Value™: ₹822.96 vs. price of ₹963.75 (17.1% above fair value)
  • GF Score™: 80/100 with 2 warning signs

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


IFB Agro Industries Business Description

Other Exchanges 507438:India
Address Plot Number IND-5, Sector I, East Calcutta Township, Kolkata, WB, IND, 700 107
IFB Agro Industries Ltd is engaged in the business of manufacturing alcohol, bottling branded alcoholic beverages, as well as processed and packed marine foods, both for domestic and export markets. The company operates in two segments: Spirit, spirituous beverages and allied products, and Marine. IFB Agro derives the majority of its revenue from its Spirit, spirituous beverages, and allied products segment.
80GF Score

Get the complete analysis for NSE:IFBAGRO

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

₹963.75
Price
₹822.96
GF Value