Indo Amines (NSE:INDOAMIN) E10: ₹5.69 (As of Mar. 2026)


NSE:INDOAMIN Indo Amines Ltd NSE:INDOAMIN
93 GF Score
Price ₹127.39
GF Value ₹148.42
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Indo Amines E10?

Indo Amines NSE:INDOAMIN -0.96% 93 E10 is ₹5.69 as of Mar. 2026. GuruFocus rates NSE:INDOAMIN with a GF Score™ of 93/100 and a GF Value™ of ₹148.42 (Modestly Undervalued). 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.

Indo Amines's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹2.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Indo Amines's average E10 Growth Rate was 22.50% 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 (2026-07-08), Indo Amines's current stock price is ₹127.39. Indo Amines's E10 for the quarter that ended in Mar. 2026 was ₹5.69. Indo Amines's Shiller PE Ratio of today is 22.39.

During the past 13 years, the highest Shiller PE Ratio of Indo Amines was 53.55. The lowest was 16.45. And the median was 29.94.


Indo Amines  (NSE:INDOAMIN) 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.

Indo Amines's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=127.39/5.69
=22.39

* 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 Indo Amines was 53.55. The lowest was 16.45. And the median was 29.94.


Be Aware

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


Indo Amines E10 Related Terms


Indo Amines E10 Historical Data

* Premium members only.

The historical data trend for Indo Amines'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.

Indo Amines E10 Chart

Indo Amines 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 4.03 4.61 5.69

Indo Amines 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 4.61 5.01 5.19 5.36 5.69

NSE:INDOAMIN vs DOW: E10 Comparison

For the Chemicals subindustry, Indo Amines'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.


Indo Amines Shiller PE Ratio vs Chemicals Industry

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

* The bar in red indicates where Indo Amines's Shiller PE Ratio falls into.


NSE:INDOAMIN
93GF Score
Indo Amines Ltd NSE:INDOAMIN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Amines 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, Indo Amines'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)
=2.73/164.2724*164.2724
=2.730

Current CPI (Mar. 2026) = 164.2724.

Indo Amines Quarterly Data

per share eps CPI Adj_EPS
201412 0.020 96.780 0.034
201503 0.490 97.163 0.828
201506 0.467 99.841 0.768
201509 0.400 101.753 0.646
201512 0.155 102.901 0.247
201603 0.355 102.518 0.569
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 0.685 111.317 1.011
201809 0.873 115.142 1.246
201812 1.182 115.142 1.686
201903 1.067 118.202 1.483
201906 0.725 120.880 0.985
201909 0.590 123.175 0.787
201912 0.326 126.235 0.424
202003 0.199 124.705 0.262
202006 0.404 127.000 0.523
202009 0.940 130.118 1.187
202012 1.675 130.889 2.102
202103 2.375 131.771 2.961
202106 1.008 134.084 1.235
202109 0.560 135.847 0.677
202112 1.350 138.161 1.605
202203 0.360 138.822 0.426
202206 1.220 142.347 1.408
202209 0.700 144.661 0.795
202212 1.420 145.763 1.600
202303 2.430 146.865 2.718
202306 1.660 150.280 1.815
202309 1.750 151.492 1.898
202312 1.280 152.924 1.375
202403 1.340 153.035 1.438
202406 2.630 155.789 2.773
202409 1.910 157.882 1.987
202412 1.520 158.323 1.577
202503 1.680 157.552 1.752
202506 3.940 159.755 4.051
202509 2.500 162.289 2.531
202512 1.620 163.281 1.630
202603 2.730 164.272 2.730

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 ₹5.69 mean?
Indo Amines (NSE:INDOAMIN) has a E10 of ₹5.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Indo Amines and its competitors.
Is Indo Amines' E10 too high?
Indo Amines' current E10 is ₹5.69. Overall, Indo Amines has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indo Amines' E10 compare to DOW?
Indo Amines' E10 of ₹5.69 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 Indo Amines and its competitors. Indo Amines's current E10 is ₹5.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Amines stock overvalued right now?
Based on GuruFocus' analysis, Indo Amines (NSE:INDOAMIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹148.42, compared to a current price of ₹127.39 — trading 14.2% below its estimated fair value. The current E10 is ₹5.69. Indo Amines' overall GF Score™ is 93/100 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 Indo Amines (NSE:INDOAMIN), the current E10 is ₹5.69 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 Indo Amines (NSE:INDOAMIN) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Amines stock appears to be undervalued. The current stock price of ₹127.39 is trading 14.2% below its estimated GF Value™ of ₹148.42. GuruFocus considers Indo Amines to be Modestly Undervalued.

Key valuation signals for NSE:INDOAMIN:

  • E10: ₹5.69
  • GF Value™: ₹148.42 vs. price of ₹127.39 (14.2% below fair value)
  • GF Score™: 93/100 with 2 warning signs

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


Indo Amines Business Description

Other Exchanges 524648:India
Address Manpada Road, Plot No. W - 44, M.I.D.C. Phase II, Dombivli (East), District Thane, Thane, MH, IND, 421204
Indo Amines Ltd is a manufacturer of organic and inorganic chemical compounds. The company manufactures, develops, and supplies fine chemicals, specialty chemicals, performance chemicals, perfumery chemicals, and others that have applications in agrochemicals, pharmaceuticals, high-performance polymers, paints, pigments, printing inks, rubber chemicals, and other industries. Its only operating segment is the manufacturing of chemicals. Geographically, the company derives maximum revenue from its customers in India and the rest from outside India.
93GF Score

Get the complete analysis for NSE:INDOAMIN

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

₹127.39
Price
₹148.42
GF Value