Malu Paper Mills (NSE:MALUPAPER) E10: ₹-2.33 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:MALUPAPER Malu Paper Mills Ltd NSE:MALUPAPER
63 GF Score
Price ₹32.96
GF Value ₹51.06
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Malu Paper Mills E10?

Malu Paper Mills NSE:MALUPAPER -4.55% 63 E10 is ₹-2.33 as of Jun. 2026. GuruFocus rates NSE:MALUPAPER with a GF Score™ of 63/100 and a GF Value™ of ₹51.06 (Possible Value Trap). 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.

Malu Paper Mills's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹0.749. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-2.33 for the trailing ten years ended in Jun. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Malu Paper Mills was 64.40% per year. The lowest was -15.70% per year. And the median was 24.35% per year.

As of today (2026-09-16), Malu Paper Mills's current stock price is ₹32.96. Malu Paper Mills's E10 for the quarter that ended in Jun. 2026 was ₹-2.33. Malu Paper Mills's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Malu Paper Mills was 3520.00. The lowest was 289.45. And the median was 1586.75.


Malu Paper Mills  (NSE:MALUPAPER) 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.

During the past 13 years, the highest Shiller P/E Ratio of Malu Paper Mills was 3520.00. The lowest was 289.45. And the median was 1586.75.


Be Aware

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


Malu Paper Mills E10 Related Terms


Malu Paper Mills E10 Historical Data

* Premium members only.

The historical data trend for Malu Paper Mills'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.

Malu Paper Mills E10 Chart

Malu Paper Mills 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 -0.58 0.02 -0.06 -0.96 -2.32

Malu Paper Mills Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -1.25 -1.60 -2.00 -2.29 -2.33

Malu Paper Mills E10 Competitor Comparison

For the Paper & Paper Products subindustry, Malu Paper Mills'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.


Malu Paper Mills Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Malu Paper Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Malu Paper Mills's Shiller PE Ratio falls into.


NSE:MALUPAPER
63GF Score
Malu Paper Mills Ltd NSE:MALUPAPER
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malu Paper Mills 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, Malu Paper Mills's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.7485/167.3573*167.3573
=0.749

Current CPI (Jun. 2026) = 167.3573.

Malu Paper Mills Quarterly Data

per share eps CPI Adj_EPS
201609 0.580 105.961 0.916
201612 0.270 105.196 0.430
201703 0.380 105.196 0.605
201706 0.060 107.109 0.094
201709 0.150 109.021 0.230
201712 0.200 109.404 0.306
201803 0.440 109.786 0.671
201806 0.604 111.317 0.908
201809 2.012 115.142 2.924
201812 0.668 115.142 0.971
201903 1.066 118.202 1.510
201906 0.193 120.880 0.267
201909 0.075 123.175 0.102
201912 -0.189 126.235 -0.250
202003 0.308 124.705 0.413
202006 -1.889 127.000 -2.489
202009 -1.261 130.118 -1.622
202012 -0.502 130.889 -0.642
202103 0.785 131.771 0.997
202106 -1.724 134.084 -2.152
202109 -1.504 135.847 -1.852
202112 -0.929 138.161 -1.125
202203 0.486 138.822 0.586
202206 0.110 142.347 0.129
202209 -3.251 144.661 -3.761
202212 -2.355 145.763 -2.703
202303 -0.630 146.865 -0.718
202306 0.155 150.280 0.173
202309 0.102 151.492 0.113
202312 0.209 152.924 0.229
202403 0.058 153.035 0.063
202406 -1.154 155.789 -1.240
202409 -2.152 157.882 -2.281
202412 -2.153 158.323 -2.276
202503 -1.652 157.552 -1.755
202506 -3.606 159.755 -3.778
202509 -3.278 162.289 -3.380
202512 -2.988 163.281 -3.063
202603 -1.577 164.272 -1.607
202606 0.749 167.357 0.749

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 ₹-2.33 mean?
Malu Paper Mills (NSE:MALUPAPER) has a E10 of ₹-2.33 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Malu Paper Mills and its competitors.
Is Malu Paper Mills' E10 too high?
Malu Paper Mills' current E10 is ₹-2.33. Overall, Malu Paper Mills has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Malu Paper Mills' E10 compare to competitors?
Malu Paper Mills' E10 of ₹-2.33 can be compared against companies in the Forest 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 a Forest Products company?
A good E10 depends on the Forest 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 Malu Paper Mills and its competitors. Malu Paper Mills's current E10 is ₹-2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malu Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Malu Paper Mills (NSE:MALUPAPER) is currently considered Possible Value Trap. The stock's GF Value™ is ₹51.06, compared to a current price of ₹32.96 — trading 35.4% below its estimated fair value. The current E10 is ₹-2.33. Malu Paper Mills' overall GF Score™ is 63/100 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 Malu Paper Mills (NSE:MALUPAPER), the current E10 is ₹-2.33 as of Jun. 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 Malu Paper Mills (NSE:MALUPAPER) Overvalued in 2026?

Based on GuruFocus' analysis, Malu Paper Mills stock appears to be undervalued. The current stock price of ₹32.96 is trading 35.4% below its estimated GF Value™ of ₹51.06. GuruFocus considers Malu Paper Mills to be Possible Value Trap.

Key valuation signals for NSE:MALUPAPER:

  • E10: ₹-2.33
  • GF Value™: ₹51.06 vs. price of ₹32.96 (35.4% below fair value)
  • GF Score™: 63/100 with 2 warning signs

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


Malu Paper Mills Business Description

Other Exchanges 532728:India
Address Heera Plaza, Central Avenue, 4th Floor, Near Telephone Exchange, Nagpur, MH, IND, 440008
Malu Paper Mills Ltd is an Indian-based company engaged in the Manufacturing of Pulp & Paper. Its main products consist of Kraft Papers, Writing & Printing and Newsprint papers. It operates through one segment and generates revenue from the same. The company's manufacturing plants are located in Saoner Taluka of Nagpur District.
63GF Score

Get the complete analysis for NSE:MALUPAPER

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

₹32.96
Price
₹51.06
GF Value