Poly Medicure (NSE:POLYMED) E10: ₹21.25 (As of Mar. 2026)


NSE:POLYMED Poly Medicure Ltd NSE:POLYMED
92 GF Score
Price ₹1,677.80
GF Value ₹2,301.13
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Poly Medicure E10?

Poly Medicure NSE:POLYMED -3.15% 92 E10 is ₹21.25 as of Mar. 2026. GuruFocus rates NSE:POLYMED with a GF Score™ of 92/100 and a GF Value™ of ₹2,301.13 (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.

Poly Medicure's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹6.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹21.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Poly Medicure's average E10 Growth Rate was 17.30% 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.

As of today (2026-07-05), Poly Medicure's current stock price is ₹1677.80. Poly Medicure's E10 for the quarter that ended in Mar. 2026 was ₹21.25. Poly Medicure's Shiller PE Ratio of today is 78.96.

During the past 13 years, the highest Shiller PE Ratio of Poly Medicure was 184.85. The lowest was 60.05. And the median was 113.83.


Poly Medicure  (NSE:POLYMED) 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.

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

Shiller PE Ratio=Share Price/E10
=1677.80/21.25
=78.96

* 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 Poly Medicure was 184.85. The lowest was 60.05. And the median was 113.83.


Be Aware

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


Poly Medicure E10 Related Terms


Poly Medicure E10 Historical Data

* Premium members only.

The historical data trend for Poly Medicure'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.

Poly Medicure E10 Chart

Poly Medicure 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 0.00 0.00 15.51 18.14 21.25

Poly Medicure 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 18.14 18.92 19.69 20.46 21.25

NSE:POLYMED vs ISRG, BDX, MDLN: E10 Comparison

For the Medical Instruments & Supplies subindustry, Poly Medicure'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.


Poly Medicure Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Poly Medicure's Shiller PE Ratio distribution charts can be found below:

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


NSE:POLYMED
92GF Score
Poly Medicure Ltd NSE:POLYMED
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Poly Medicure 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, Poly Medicure'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)
=6.53/164.2724*164.2724
=6.530

Current CPI (Mar. 2026) = 164.2724.

Poly Medicure Quarterly Data

per share eps CPI Adj_EPS
201212 0.936 83.774 1.835
201303 1.070 85.687 2.051
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201712 1.890 109.404 2.838
201803 2.640 109.786 3.950
201806 1.500 111.317 2.214
201809 1.650 115.142 2.354
201812 1.820 115.142 2.597
201903 2.430 118.202 3.377
201906 2.240 120.880 3.044
201909 3.220 123.175 4.294
201912 2.830 126.235 3.683
202003 2.560 124.705 3.372
202006 3.030 127.000 3.919
202009 3.960 130.118 4.999
202012 3.990 130.889 5.008
202103 4.250 131.771 5.298
202106 3.920 134.084 4.803
202109 3.980 135.847 4.813
202112 3.600 138.161 4.280
202203 3.770 138.822 4.461
202206 2.810 142.347 3.243
202209 4.530 144.661 5.144
202212 5.200 145.763 5.860
202303 6.130 146.865 6.857
202306 6.530 150.280 7.138
202309 6.470 151.492 7.016
202312 6.770 152.924 7.272
202403 7.130 153.035 7.654
202406 7.710 155.789 8.130
202409 9.010 157.882 9.375
202412 8.480 158.323 8.799
202503 8.920 157.552 9.301
202506 9.170 159.755 9.429
202509 9.060 162.289 9.171
202512 6.990 163.281 7.032
202603 6.530 164.272 6.530

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 ₹21.25 mean?
Poly Medicure (NSE:POLYMED) has a E10 of ₹21.25 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Poly Medicure and its competitors.
Is Poly Medicure's E10 too high?
Poly Medicure's current E10 is ₹21.25. Overall, Poly Medicure has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Poly Medicure's E10 compare to ISRG and BDX?
Poly Medicure's E10 of ₹21.25 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Poly Medicure and its competitors. Poly Medicure's current E10 is ₹21.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poly Medicure stock overvalued right now?
Based on GuruFocus' analysis, Poly Medicure (NSE:POLYMED) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,301.13, compared to a current price of ₹1,677.80 — trading 27.1% below its estimated fair value. The current E10 is ₹21.25. Poly Medicure's overall GF Score™ is 92/100 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 Poly Medicure (NSE:POLYMED), the current E10 is ₹21.25 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 Poly Medicure (NSE:POLYMED) Overvalued in 2026?

Based on GuruFocus' analysis, Poly Medicure stock appears to be undervalued. The current stock price of ₹1,677.80 is trading 27.1% below its estimated GF Value™ of ₹2,301.13. GuruFocus considers Poly Medicure to be Modestly Undervalued.

Key valuation signals for NSE:POLYMED:

  • E10: ₹21.25
  • GF Value™: ₹2,301.13 vs. price of ₹1,677.80 (27.1% below fair value)
  • GF Score™: 92/100 with 6 warning signs

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


Poly Medicure Business Description

Other Exchanges 531768:India
Address Okhla Industrial Estate, 232-B, 3rd Floor, Phase III, New Delhi, IND, 110020
Poly Medicure Ltd engages in the manufacturing and sale of medical devices. It offers disposable medical devices for infusion therapy, blood management, gastroenterology, vascular access, surgery and wound drainage, anesthesia, and urology. Some of its products include Ventilator Circuit Combo Kits, Bain Circuits, Safety Introducer Needles, High-Pressure Vaccum Bottle-Triplet, Catheters, and others. Geographically, it derives a majority of its revenue from exports. The company operates under one segment namely Medical Devices.
92GF Score

Get the complete analysis for NSE:POLYMED

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

₹1,677.80
Price
₹2,301.13
GF Value