Kalyani investment Co (NSE:KICL) E10: ₹144.17 (As of Mar. 2026)


NSE:KICL Kalyani investment Co Ltd NSE:KICL
88 GF Score
Price ₹5,404.50
GF Value ₹4,816.03
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Kalyani investment Co E10?

Kalyani investment Co NSE:KICL +2.53% 88 E10 is ₹144.17 as of Mar. 2026. GuruFocus rates NSE:KICL with a GF Score™ of 88/100 and a GF Value™ of ₹4,816.03 (Modestly Overvalued). The stock has 7 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.

Kalyani investment Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹44.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹144.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kalyani investment Co's average E10 Growth Rate was 5.20% per year. During the past 3 years, the average E10 Growth Rate was 13.10% 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 Kalyani investment Co was 16.20% per year. The lowest was 13.10% per year. And the median was 14.65% per year.

As of today (2026-07-03), Kalyani investment Co's current stock price is ₹5404.50. Kalyani investment Co's E10 for the quarter that ended in Mar. 2026 was ₹144.17. Kalyani investment Co's Shiller PE Ratio of today is 37.49.

During the past 13 years, the highest Shiller PE Ratio of Kalyani investment Co was 55.14. The lowest was 16.41. And the median was 31.65.


Kalyani investment Co  (NSE:KICL) 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.

Kalyani investment Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5404.50/144.17
=37.49

* 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 Kalyani investment Co was 55.14. The lowest was 16.41. And the median was 31.65.


Be Aware

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


Kalyani investment Co E10 Related Terms


Kalyani investment Co E10 Historical Data

* Premium members only.

The historical data trend for Kalyani investment 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.

Kalyani investment Co E10 Chart

Kalyani investment 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 87.57 100.03 124.96 137.05 144.17

Kalyani investment 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 137.05 135.74 141.98 139.88 144.17

NSE:KICL vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Kalyani investment 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.


Kalyani investment Co Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Kalyani investment Co's Shiller PE Ratio distribution charts can be found below:

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


NSE:KICL
88GF Score
Kalyani investment Co Ltd NSE:KICL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalyani investment 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, Kalyani investment 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)
=44.23/164.2724*164.2724
=44.230

Current CPI (Mar. 2026) = 164.2724.

Kalyani investment Co Quarterly Data

per share eps CPI Adj_EPS
201509 19.550 101.753 31.562
201512 -12.680 102.901 -20.243
201603 74.480 102.518 119.345
201606 2.310 105.961 3.581
201609 5.740 105.961 8.899
201703 0.000 105.196 0.000
201709 39.620 109.021 59.699
201803 0.000 109.786 0.000
201806 10.600 111.317 15.643
201809 53.890 115.142 76.885
201812 55.940 115.142 79.809
201903 19.500 118.202 27.100
201906 20.960 120.880 28.484
201909 36.240 123.175 48.331
201912 41.980 126.235 54.629
202003 10.870 124.705 14.319
202006 10.470 127.000 13.543
202009 16.990 130.118 21.450
202012 2.610 130.889 3.276
202103 69.640 131.771 86.817
202106 1.890 134.084 2.316
202109 46.070 135.847 55.710
202112 42.970 138.161 51.091
202203 13.830 138.822 16.365
202206 -1.430 142.347 -1.650
202209 76.700 144.661 87.098
202212 36.020 145.763 40.594
202303 21.760 146.865 24.339
202306 8.520 150.280 9.313
202309 71.200 151.492 77.207
202312 13.930 152.924 14.964
202403 66.830 153.035 71.738
202406 9.540 155.789 10.060
202409 88.130 157.882 91.697
202412 7.410 158.323 7.688
202503 58.810 157.552 61.319
202506 -7.290 159.755 -7.496
202509 43.360 162.289 43.890
202512 3.920 163.281 3.944
202603 44.230 164.272 44.230

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 ₹144.17 mean?
Kalyani investment Co (NSE:KICL) has a E10 of ₹144.17 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kalyani investment Co and its competitors.
Is Kalyani investment Co's E10 too high?
Kalyani investment Co's current E10 is ₹144.17. Overall, Kalyani investment Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kalyani investment Co's E10 compare to BLK and BX?
Kalyani investment Co's E10 of ₹144.17 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Kalyani investment Co and its competitors. Kalyani investment Co's current E10 is ₹144.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyani investment Co stock overvalued right now?
Based on GuruFocus' analysis, Kalyani investment Co (NSE:KICL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹4,816.03, compared to a current price of ₹5,404.50 — trading 12.2% above its estimated fair value. The current E10 is ₹144.17. Kalyani investment Co's overall GF Score™ is 88/100 with 7 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 Kalyani investment Co (NSE:KICL), the current E10 is ₹144.17 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 Kalyani investment Co (NSE:KICL) Overvalued in 2026?

Based on GuruFocus' analysis, Kalyani investment Co stock appears to be overvalued. The current stock price of ₹5,404.50 is trading 12.2% above its estimated GF Value™ of ₹4,816.03. GuruFocus considers Kalyani investment Co to be Modestly Overvalued.

Key valuation signals for NSE:KICL:

  • E10: ₹144.17
  • GF Value™: ₹4,816.03 vs. price of ₹5,404.50 (12.2% above fair value)
  • GF Score™: 88/100 with 7 warning signs

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


Kalyani investment Co Business Description

Other Exchanges 533302:India
Address Corporate Building, 2nd Floor, Mundhwa, Pune, MH, IND, 411 036
Kalyani investment Co Ltd is an investment company. It holds investment portfolio consisting of both listed and unlisted companies which are in diversified sectors as forging, power generation, steel, chemical, and banking. The company focuses on earning income through dividends, interest and gains on investment held.
88GF Score

Get the complete analysis for NSE:KICL

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

₹5,404.50
Price
₹4,816.03
GF Value