Kesoram Industries (NSE:KESORAMIND) E10: ₹13.04 (As of Mar. 2026)


NSE:KESORAMIND Kesoram Industries Ltd NSE:KESORAMIND
41 GF Score
Price ₹11.13
GF Value ₹5.30
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kesoram Industries E10?

Kesoram Industries NSE:KESORAMIND -1.94% 41 E10 is ₹13.04 as of Mar. 2026. GuruFocus rates NSE:KESORAMIND with a GF Score™ of 41/100 and a GF Value™ of ₹5.30 (Significantly Overvalued). The stock has 5 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.

Kesoram Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹13.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kesoram Industries's average E10 Growth Rate was 52.00% 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 Kesoram Industries was 16.50% per year. The lowest was 16.50% per year. And the median was 16.50% per year.

As of today (2026-06-29), Kesoram Industries's current stock price is ₹11.13. Kesoram Industries's E10 for the quarter that ended in Mar. 2026 was ₹13.04. Kesoram Industries's Shiller PE Ratio of today is 0.85.

During the past 13 years, the highest Shiller PE Ratio of Kesoram Industries was 1.11. The lowest was 0.33. And the median was 0.65.


Kesoram Industries  (NSE:KESORAMIND) 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.

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

Shiller PE Ratio=Share Price/E10
=11.13/13.04
=0.85

* 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 Kesoram Industries was 1.11. The lowest was 0.33. And the median was 0.65.


Be Aware

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


Kesoram Industries E10 Related Terms


Kesoram Industries E10 Historical Data

* Premium members only.

The historical data trend for Kesoram 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.

Kesoram Industries E10 Chart

Kesoram 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 -29.22 -25.99 -17.81 8.03 13.04

Kesoram 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 8.03 11.66 15.03 10.79 13.04

NSE:KESORAMIND vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Kesoram 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.


Kesoram Industries Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kesoram Industries's Shiller PE Ratio distribution charts can be found below:

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


NSE:KESORAMIND
41GF Score
Kesoram Industries Ltd NSE:KESORAMIND
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kesoram 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, Kesoram 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)
=1/164.2724*164.2724
=1.000

Current CPI (Mar. 2026) = 164.2724.

Kesoram Industries Quarterly Data

per share eps CPI Adj_EPS
201509 -11.259 101.753 -18.177
201512 -21.364 102.901 -34.106
201603 56.143 102.518 89.962
201606 0.488 105.961 0.757
201609 0.496 105.961 0.769
201612 -5.228 105.196 -8.164
201703 -14.042 105.196 -21.928
201803 0.000 109.786 0.000
201806 -6.836 111.317 -10.088
201809 -6.785 115.142 -9.680
201812 -8.094 115.142 -11.548
201903 -0.111 118.202 -0.154
201906 -0.650 120.880 -0.883
201909 -2.986 123.175 -3.982
201912 -6.143 126.235 -7.994
202003 -4.920 124.705 -6.481
202006 -0.958 127.000 -1.239
202009 0.450 130.118 0.568
202012 3.540 130.889 4.443
202103 5.940 131.771 7.405
202106 0.700 134.084 0.858
202109 -0.730 135.847 -0.883
202112 -1.610 138.161 -1.914
202203 -2.150 138.822 -2.544
202206 -2.350 142.347 -2.712
202209 -2.180 144.661 -2.476
202212 -1.540 145.763 -1.736
202303 -0.730 146.865 -0.817
202306 -1.040 150.280 -1.137
202309 -1.880 151.492 -2.039
202312 -1.570 152.924 -1.687
202403 -7.860 153.035 -8.437
202406 -2.000 155.789 -2.109
202409 -2.270 157.882 -2.362
202412 -2.230 158.323 -2.314
202503 185.590 157.552 193.507
202506 -3.200 159.755 -3.290
202509 -0.830 162.289 -0.840
202512 0.190 163.281 0.191
202603 1.000 164.272 1.000

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 ₹13.04 mean?
Kesoram Industries (NSE:KESORAMIND) has a E10 of ₹13.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kesoram Industries and its competitors.
Is Kesoram Industries' E10 too high?
Kesoram Industries' current E10 is ₹13.04. Overall, Kesoram Industries has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kesoram Industries' E10 compare to CRH and VMC?
Kesoram Industries' E10 of ₹13.04 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Kesoram Industries and its competitors. Kesoram Industries's current E10 is ₹13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kesoram Industries stock overvalued right now?
Based on GuruFocus' analysis, Kesoram Industries (NSE:KESORAMIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.30, compared to a current price of ₹11.13 — trading 110% above its estimated fair value. The current E10 is ₹13.04. Kesoram Industries' overall GF Score™ is 41/100 with 5 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 Kesoram Industries (NSE:KESORAMIND), the current E10 is ₹13.04 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 Kesoram Industries (NSE:KESORAMIND) Overvalued in 2026?

Based on GuruFocus' analysis, Kesoram Industries stock appears to be overvalued. The current stock price of ₹11.13 is trading 110% above its estimated GF Value™ of ₹5.30. GuruFocus considers Kesoram Industries to be Significantly Overvalued.

Key valuation signals for NSE:KESORAMIND:

  • E10: ₹13.04
  • GF Value™: ₹5.30 vs. price of ₹11.13 (110% above fair value)
  • GF Score™: 41/100 with 5 warning signs

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


Kesoram Industries Business Description

Other Exchanges 502937:India
Address 9/1, R.N. Mukherjee Road, 8th Floor, Birla Building, Kolkata, WB, IND, 700001
Kesoram Industries Ltd is an investment holding company. Its operating segment includes Rayon, TP, and chemicals, and others. The company generates maximum revenue from the Rayon, TP and chemicals segment that covers sale of viscose rayon, transparent paper, and filament yarn. The company markets cement under the Birla Shakti brand. Geographically, it derives a majority of its revenue from India.
41GF Score

Get the complete analysis for NSE:KESORAMIND

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

₹11.13
Price
₹5.30
GF Value