Linc (NSE:LINC) E10: ₹3.47 (As of Mar. 2026)


NSE:LINC Linc Ltd NSE:LINC
79 GF Score
Price ₹115.94
GF Value ₹155.17
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Linc E10?

Linc NSE:LINC +0.42% 79 E10 is ₹3.47 as of Mar. 2026. GuruFocus rates NSE:LINC with a GF Score™ of 79/100 and a GF Value™ of ₹155.17 (Modestly Undervalued). The stock has 1 warning sign 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.

Linc's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Linc's average E10 Growth Rate was 5.80% per year. During the past 3 years, the average E10 Growth Rate was 5.10% per year. During the past 5 years, the average E10 Growth Rate was 9.40% 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 Linc was 11.20% per year. The lowest was 5.10% per year. And the median was 9.50% per year.

As of today (2026-06-29), Linc's current stock price is ₹115.94. Linc's E10 for the quarter that ended in Mar. 2026 was ₹3.47. Linc's Shiller PE Ratio of today is 33.41.

During the past 13 years, the highest Shiller PE Ratio of Linc was 66.55. The lowest was 16.48. And the median was 33.11.


Linc  (NSE:LINC) 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.

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

Shiller PE Ratio=Share Price/E10
=115.94/3.47
=33.41

* 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 Linc was 66.55. The lowest was 16.48. And the median was 33.11.


Be Aware

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


Linc E10 Related Terms


Linc E10 Historical Data

* Premium members only.

The historical data trend for Linc'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.

Linc E10 Chart

Linc 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 2.34 2.96 2.93 3.27 3.47

Linc 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 3.27 3.33 3.35 3.44 3.47

Linc E10 Competitor Comparison

For the Business Equipment & Supplies subindustry, Linc'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.


Linc Shiller PE Ratio vs Industrial Products Industry

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

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


NSE:LINC
79GF Score
Linc Ltd NSE:LINC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linc 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, Linc'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)
=1.76/164.2724*164.2724
=1.760

Current CPI (Mar. 2026) = 164.2724.

Linc Quarterly Data

per share eps CPI Adj_EPS
201606 0.745 105.961 1.155
201609 0.703 105.961 1.090
201612 0.515 105.196 0.804
201703 0.955 105.196 1.491
201706 0.090 107.109 0.138
201709 0.275 109.021 0.414
201712 0.435 109.404 0.653
201803 0.528 109.786 0.790
201806 0.278 111.317 0.410
201809 0.290 115.142 0.414
201812 0.245 115.142 0.350
201903 0.053 118.202 0.074
201906 0.718 120.880 0.976
201909 0.955 123.175 1.274
201912 0.728 126.235 0.947
202003 0.835 124.705 1.100
202006 -0.673 127.000 -0.871
202009 -0.148 130.118 -0.187
202012 -0.215 130.889 -0.270
202103 1.043 131.771 1.300
202106 -0.205 134.084 -0.251
202109 0.603 135.847 0.729
202112 0.468 138.161 0.556
202203 0.503 138.822 0.595
202206 0.738 142.347 0.852
202209 1.605 144.661 1.823
202212 1.873 145.763 2.111
202303 2.073 146.865 2.319
202306 1.243 150.280 1.359
202309 1.295 151.492 1.404
202312 1.270 152.924 1.364
202403 -2.373 153.035 -2.547
202406 1.420 155.789 1.497
202409 1.480 157.882 1.540
202412 1.470 158.323 1.525
202503 2.040 157.552 2.127
202506 1.180 159.755 1.213
202509 1.420 162.289 1.437
202512 1.150 163.281 1.157
202603 1.760 164.272 1.760

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 ₹3.47 mean?
Linc (NSE:LINC) has a E10 of ₹3.47 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Linc and its competitors.
Is Linc's E10 too high?
Linc's current E10 is ₹3.47. Overall, Linc has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linc's E10 compare to competitors?
Linc's E10 of ₹3.47 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 Linc and its competitors. Linc's current E10 is ₹3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linc stock overvalued right now?
Based on GuruFocus' analysis, Linc (NSE:LINC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹155.17, compared to a current price of ₹115.94 — trading 25.3% below its estimated fair value. The current E10 is ₹3.47. Linc's overall GF Score™ is 79/100 with 1 warning sign 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 Linc (NSE:LINC), the current E10 is ₹3.47 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 Linc (NSE:LINC) Overvalued in 2026?

Based on GuruFocus' analysis, Linc stock appears to be undervalued. The current stock price of ₹115.94 is trading 25.3% below its estimated GF Value™ of ₹155.17. GuruFocus considers Linc to be Modestly Undervalued.

Key valuation signals for NSE:LINC:

  • E10: ₹3.47
  • GF Value™: ₹155.17 vs. price of ₹115.94 (25.3% below fair value)
  • GF Score™: 79/100 with 1 warning sign

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


Linc Business Description

Other Exchanges 531241:India
Address Aurora Waterfront, 18th Floor, GN 34/1 Block, Sector V, Bidhannagar, Kolkata, WB, IND, 700091
Linc Ltd is engaged in manufacturing and distribution of Pens, Pencils & other stationery products from its manufacturing facilities located in Umbergaon (Gujrat) & Serakole (West Bengal). It generates revenue from the sale of Pen and Refill and the same is only the reportable segment of the Company.
79GF Score

Get the complete analysis for NSE:LINC

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

₹115.94
Price
₹155.17
GF Value