Kirloskar Electric Co (NSE:KECL) E10: ₹-0.41 (As of Mar. 2026)


NSE:KECL Kirloskar Electric Co Ltd NSE:KECL
74 GF Score
Price ₹115.00
GF Value ₹139.26
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kirloskar Electric Co E10?

Kirloskar Electric Co NSE:KECL +1.63% 74 E10 is ₹-0.41 as of Mar. 2026. GuruFocus rates NSE:KECL with a GF Score™ of 74/100 and a GF Value™ of ₹139.26 (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.

Kirloskar Electric Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.41 for the trailing ten years ended in Mar. 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 (2026-06-30), Kirloskar Electric Co's current stock price is ₹115.00. Kirloskar Electric Co's E10 for the quarter that ended in Mar. 2026 was ₹-0.41. Kirloskar Electric Co's Shiller PE Ratio of today is .


Kirloskar Electric Co  (NSE:KECL) 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.


Be Aware

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


Kirloskar Electric Co E10 Related Terms


Kirloskar Electric Co E10 Historical Data

* Premium members only.

The historical data trend for Kirloskar Electric Co'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.

Kirloskar Electric Co E10 Chart

Kirloskar Electric Co 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 -0.63 -0.41

Kirloskar Electric Co 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 -0.63 -0.61 -0.42 -0.34 -0.41

NSE:KECL vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Kirloskar Electric Co'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.


Kirloskar Electric Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kirloskar Electric Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kirloskar Electric Co's Shiller PE Ratio falls into.


NSE:KECL
74GF Score
Kirloskar Electric Co Ltd NSE:KECL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirloskar Electric Co 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, Kirloskar Electric Co'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)
=-0.09/164.2724*164.2724
=-0.090

Current CPI (Mar. 2026) = 164.2724.

Kirloskar Electric Co Quarterly Data

per share eps CPI Adj_EPS
201209 0.190 82.244 0.380
201212 0.230 83.774 0.451
201303 -10.300 85.687 -19.746
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
201803 0.000 109.786 0.000
201806 -3.020 111.317 -4.457
201809 -3.800 115.142 -5.421
201812 -3.570 115.142 -5.093
201903 6.180 118.202 8.589
201906 -2.570 120.880 -3.493
201909 2.180 123.175 2.907
201912 8.230 126.235 10.710
202003 -1.020 124.705 -1.344
202006 -2.660 127.000 -3.441
202009 -1.830 130.118 -2.310
202012 -1.700 130.889 -2.134
202103 -1.060 131.771 -1.321
202106 -2.453 134.084 -3.005
202109 -1.690 135.847 -2.044
202112 -1.640 138.161 -1.950
202203 15.930 138.822 18.850
202206 -0.710 142.347 -0.819
202209 3.240 144.661 3.679
202212 0.510 145.763 0.575
202303 1.640 146.865 1.834
202306 0.276 150.280 0.302
202309 0.800 151.492 0.867
202312 0.230 152.924 0.247
202403 0.820 153.035 0.880
202406 0.290 155.789 0.306
202409 0.770 157.882 0.801
202412 0.090 158.323 0.093
202503 -0.580 157.552 -0.605
202506 0.060 159.755 0.062
202509 1.500 162.289 1.518
202512 0.620 163.281 0.624
202603 -0.090 164.272 -0.090

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 ₹-0.41 mean?
Kirloskar Electric Co (NSE:KECL) has a E10 of ₹-0.41 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kirloskar Electric Co and its competitors.
Is Kirloskar Electric Co's E10 too high?
Kirloskar Electric Co's current E10 is ₹-0.41. Overall, Kirloskar Electric Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kirloskar Electric Co's E10 compare to GEV and ETN?
Kirloskar Electric Co's E10 of ₹-0.41 can be compared against companies in the Industrial 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 an Industrial Products company?
A good E10 depends on the Industrial 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 Kirloskar Electric Co and its competitors. Kirloskar Electric Co's current E10 is ₹-0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirloskar Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Kirloskar Electric Co (NSE:KECL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹139.26, compared to a current price of ₹115.00 — trading 17.4% below its estimated fair value. The current E10 is ₹-0.41. Kirloskar Electric Co's overall GF Score™ is 74/100 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 Kirloskar Electric Co (NSE:KECL), the current E10 is ₹-0.41 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 Kirloskar Electric Co (NSE:KECL) Overvalued in 2026?

Based on GuruFocus' analysis, Kirloskar Electric Co stock appears to be undervalued. The current stock price of ₹115.00 is trading 17.4% below its estimated GF Value™ of ₹139.26. GuruFocus considers Kirloskar Electric Co to be Modestly Undervalued.

Key valuation signals for NSE:KECL:

  • E10: ₹-0.41
  • GF Value™: ₹139.26 vs. price of ₹115.00 (17.4% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


Kirloskar Electric Co Business Description

Other Exchanges 533193:India
Address No. 19, 2nd Main Road, Peenya 1st Stage, Phase-1, Peenya, Bangalore, KA, IND, 560058
Kirloskar Electric Co Ltd is an electrical engineering company. The company is engaged in the manufacture of electrical equipment like motors, alternators, and generators, switchgear, transformers, DG sets, and others in India and internationally. The company has different product groups like transformer and distribution groups, large machine groups, low voltage machine groups, and power generation groups. The company caters to economic sectors like power generation, transmission and distribution, transportation, renewable energy, and others. The operating reportable segments of the company are: Power generation and distribution, Rotating machine group, and Others. The company generates maximum revenue from the Rotating machines group segment.
74GF Score

Get the complete analysis for NSE:KECL

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

₹115.00
Price
₹139.26
GF Value