Pearl Global Industries (NSE:PGIL) E10: ₹28.29 (As of Mar. 2026)


NSE:PGIL Pearl Global Industries Ltd NSE:PGIL
87 GF Score
Price ₹2,016.30
GF Value ₹1,343.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pearl Global Industries E10?

Pearl Global Industries NSE:PGIL -2.83% 87 E10 is ₹28.29 as of Mar. 2026. GuruFocus rates NSE:PGIL with a GF Score™ of 87/100 and a GF Value™ of ₹1,343.46 (Significantly Overvalued). The stock has 4 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.

Pearl Global Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹18.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹28.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Pearl Global Industries's average E10 Growth Rate was 24.90% per year. During the past 3 years, the average E10 Growth Rate was 25.10% per year. During the past 5 years, the average E10 Growth Rate was 25.50% 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 Pearl Global Industries was 28.90% per year. The lowest was 22.80% per year. And the median was 25.10% per year.

As of today (2026-07-03), Pearl Global Industries's current stock price is ₹2016.30. Pearl Global Industries's E10 for the quarter that ended in Mar. 2026 was ₹28.29. Pearl Global Industries's Shiller PE Ratio of today is 71.27.

During the past 13 years, the highest Shiller PE Ratio of Pearl Global Industries was 76.89. The lowest was 8.34. And the median was 26.49.


Pearl Global Industries  (NSE:PGIL) 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.

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

Shiller PE Ratio=Share Price/E10
=2016.30/28.29
=71.27

* 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 Pearl Global Industries was 76.89. The lowest was 8.34. And the median was 26.49.


Be Aware

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


Pearl Global Industries E10 Related Terms


Pearl Global Industries E10 Historical Data

* Premium members only.

The historical data trend for Pearl Global 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.

Pearl Global Industries E10 Chart

Pearl Global 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 10.57 14.50 17.87 22.75 28.29

Pearl Global 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 22.75 24.02 25.95 26.89 28.29

NSE:PGIL vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, Pearl Global 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.


Pearl Global Industries Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pearl Global Industries's Shiller PE Ratio distribution charts can be found below:

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


NSE:PGIL
87GF Score
Pearl Global Industries Ltd NSE:PGIL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pearl Global 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, Pearl Global 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)
=18/164.2724*164.2724
=18.000

Current CPI (Mar. 2026) = 164.2724.

Pearl Global Industries Quarterly Data

per share eps CPI Adj_EPS
201606 4.340 105.961 6.728
201609 0.218 105.961 0.338
201612 1.101 105.196 1.719
201703 4.710 105.196 7.355
201706 3.200 107.109 4.908
201709 -1.575 109.021 -2.373
201712 -0.520 109.404 -0.781
201803 2.980 109.786 4.459
201806 3.135 111.317 4.626
201809 0.670 115.142 0.956
201812 3.445 115.142 4.915
201903 8.280 118.202 11.507
201906 2.180 120.880 2.963
201909 1.625 123.175 2.167
201912 1.205 126.235 1.568
202003 -0.040 124.705 -0.053
202006 -5.315 127.000 -6.875
202009 3.315 130.118 4.185
202012 2.490 130.889 3.125
202103 3.490 131.771 4.351
202106 0.030 134.084 0.037
202109 5.655 135.847 6.838
202112 3.780 138.161 4.494
202203 6.260 138.822 7.408
202206 8.420 142.347 9.717
202209 5.340 144.661 6.064
202212 15.410 145.763 17.367
202303 12.980 146.865 14.519
202306 11.060 150.280 12.090
202309 9.110 151.492 9.879
202312 8.190 152.924 8.798
202403 11.720 153.035 12.581
202406 14.840 155.789 15.648
202409 12.770 157.882 13.287
202412 12.380 158.323 12.845
202503 14.960 157.552 15.598
202506 14.620 159.755 15.033
202509 15.840 162.289 16.034
202512 11.530 163.281 11.600
202603 18.000 164.272 18.000

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 ₹28.29 mean?
Pearl Global Industries (NSE:PGIL) has a E10 of ₹28.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Pearl Global Industries and its competitors.
Is Pearl Global Industries' E10 too high?
Pearl Global Industries' current E10 is ₹28.29. Overall, Pearl Global Industries has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pearl Global Industries' E10 compare to RL and LEVI?
Pearl Global Industries' E10 of ₹28.29 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Pearl Global Industries and its competitors. Pearl Global Industries's current E10 is ₹28.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pearl Global Industries stock overvalued right now?
Based on GuruFocus' analysis, Pearl Global Industries (NSE:PGIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,343.46, compared to a current price of ₹2,016.30 — trading 50.1% above its estimated fair value. The current E10 is ₹28.29. Pearl Global Industries' overall GF Score™ is 87/100 with 4 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 Pearl Global Industries (NSE:PGIL), the current E10 is ₹28.29 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 Pearl Global Industries (NSE:PGIL) Overvalued in 2026?

Based on GuruFocus' analysis, Pearl Global Industries stock appears to be overvalued. The current stock price of ₹2,016.30 is trading 50.1% above its estimated GF Value™ of ₹1,343.46. GuruFocus considers Pearl Global Industries to be Significantly Overvalued.

Key valuation signals for NSE:PGIL:

  • E10: ₹28.29
  • GF Value™: ₹1,343.46 vs. price of ₹2,016.30 (50.1% above fair value)
  • GF Score™: 87/100 with 4 warning signs

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


Pearl Global Industries Business Description

Other Exchanges 532808:India
Address Sector - 32, Plot No. 51, Pearl Tower, Gurugram, HR, IND, 122001
Pearl Global Industries Ltd is engaged in the manufacturing, sourcing, distribution, and export of ready-to-wear apparel through its domestic and global facilities and operations. The geographical segments of the company include Hong Kong, Bangladesh, India, and Others. The company earns majority of its revenue outside India. The company's product range comprises of knits, woven and bottoms across men, women, and kids wear segments.
87GF Score

Get the complete analysis for NSE:PGIL

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

₹2,016.30
Price
₹1,343.46
GF Value