Plastiblends India (NSE:PLASTIBLEN) E10: ₹16.89 (As of Mar. 2026)


NSE:PLASTIBLEN Plastiblends India Ltd NSE:PLASTIBLEN
79 GF Score
Price ₹179.06
GF Value ₹225.31
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Plastiblends India E10?

Plastiblends India NSE:PLASTIBLEN -1.09% 79 E10 is ₹16.89 as of Mar. 2026. GuruFocus rates NSE:PLASTIBLEN with a GF Score™ of 79/100 and a GF Value™ of ₹225.31 (Modestly Undervalued). The stock has 6 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.

Plastiblends India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹5.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹16.89 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Plastiblends India's average E10 Growth Rate was -1.10% per year. During the past 5 years, the average E10 Growth Rate was 2.30% 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 Plastiblends India was 5.70% per year. The lowest was 0.00% per year. And the median was 3.40% per year.

As of today (2026-07-02), Plastiblends India's current stock price is ₹179.06. Plastiblends India's E10 for the quarter that ended in Mar. 2026 was ₹16.89. Plastiblends India's Shiller PE Ratio of today is 10.60.

During the past 13 years, the highest Shiller PE Ratio of Plastiblends India was 20.59. The lowest was 7.51. And the median was 13.33.


Plastiblends India  (NSE:PLASTIBLEN) 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.

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

Shiller PE Ratio=Share Price/E10
=179.06/16.89
=10.60

* 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 Plastiblends India was 20.59. The lowest was 7.51. And the median was 13.33.


Be Aware

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


Plastiblends India E10 Related Terms


Plastiblends India E10 Historical Data

* Premium members only.

The historical data trend for Plastiblends India'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.

Plastiblends India E10 Chart

Plastiblends India 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 16.06 16.76 17.23 17.03 16.89

Plastiblends India 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 17.03 17.00 17.01 16.91 16.89

NSE:PLASTIBLEN vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Plastiblends India'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.


Plastiblends India Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Plastiblends India's Shiller PE Ratio distribution charts can be found below:

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


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

Plastiblends India 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, Plastiblends India'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)
=5.33/164.2724*164.2724
=5.330

Current CPI (Mar. 2026) = 164.2724.

Plastiblends India Quarterly Data

per share eps CPI Adj_EPS
201606 4.250 105.961 6.589
201609 3.320 105.961 5.147
201612 2.480 105.196 3.873
201703 7.070 105.196 11.040
201706 2.030 107.109 3.113
201709 1.080 109.021 1.627
201712 2.060 109.404 3.093
201803 6.140 109.786 9.187
201806 3.870 111.317 5.711
201809 2.500 115.142 3.567
201812 2.180 115.142 3.110
201903 3.430 118.202 4.767
201906 4.420 120.880 6.007
201909 3.590 123.175 4.788
201912 4.390 126.235 5.713
202003 1.910 124.705 2.516
202006 2.400 127.000 3.104
202009 2.940 130.118 3.712
202012 4.380 130.889 5.497
202103 4.660 131.771 5.809
202106 2.600 134.084 3.185
202109 2.120 135.847 2.564
202112 4.650 138.161 5.529
202203 4.760 138.822 5.633
202206 3.840 142.347 4.431
202209 1.620 144.661 1.840
202212 1.530 145.763 1.724
202303 3.340 146.865 3.736
202306 2.940 150.280 3.214
202309 3.670 151.492 3.980
202312 2.540 152.924 2.728
202403 4.130 153.035 4.433
202406 4.170 155.789 4.397
202409 2.430 157.882 2.528
202412 2.580 158.323 2.677
202503 3.680 157.552 3.837
202506 3.430 159.755 3.527
202509 2.860 162.289 2.895
202512 2.490 163.281 2.505
202603 5.330 164.272 5.330

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 ₹16.89 mean?
Plastiblends India (NSE:PLASTIBLEN) has a E10 of ₹16.89 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Plastiblends India and its competitors.
Is Plastiblends India's E10 too high?
Plastiblends India's current E10 is ₹16.89. Overall, Plastiblends India has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plastiblends India's E10 compare to LIN and SHW?
Plastiblends India's E10 of ₹16.89 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Plastiblends India and its competitors. Plastiblends India's current E10 is ₹16.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plastiblends India stock overvalued right now?
Based on GuruFocus' analysis, Plastiblends India (NSE:PLASTIBLEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹225.31, compared to a current price of ₹179.06 — trading 20.5% below its estimated fair value. The current E10 is ₹16.89. Plastiblends India's overall GF Score™ is 79/100 with 6 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 Plastiblends India (NSE:PLASTIBLEN), the current E10 is ₹16.89 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 Plastiblends India (NSE:PLASTIBLEN) Overvalued in 2026?

Based on GuruFocus' analysis, Plastiblends India stock appears to be undervalued. The current stock price of ₹179.06 is trading 20.5% below its estimated GF Value™ of ₹225.31. GuruFocus considers Plastiblends India to be Modestly Undervalued.

Key valuation signals for NSE:PLASTIBLEN:

  • E10: ₹16.89
  • GF Value™: ₹225.31 vs. price of ₹179.06 (20.5% below fair value)
  • GF Score™: 79/100 with 6 warning signs

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


Plastiblends India Business Description

Other Exchanges 523648:India
Address New Link Road, Opposite Citi Mall, 10th Floor, Fortune Terraces, A-Wing, Andheri (West), Mumbai, MH, IND, 400 053
Plastiblends India Ltd is a manufacturer and sells Masterbatches and thermoplastic compounds. The company's products are applicable in various plastic processing industries, such as Flexible Packaging, Agriculture, Irrigation, Piping, Infrastructure, and Consumer Durables. The company's product includes Black Masterbatches, Color Masterbatches, Additive Masterbatches Filler Masterbatches, PET Masterbatches, Conductive Compounds among others. The group principally operates in India. It also is a internationally recognised brand, making waves in European, African, North American, South American and Asian markets.
79GF Score

Get the complete analysis for NSE:PLASTIBLEN

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

₹179.06
Price
₹225.31
GF Value