PTC Industries (NSE:PTCIL) E10: ₹22.87 (As of Mar. 2026)


NSE:PTCIL PTC Industries Ltd NSE:PTCIL
96 GF Score
Price ₹17,429.00
GF Value ₹26,414.06
Valuation Possible Value Trap
! 6 Warning Signs
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What is PTC Industries E10?

PTC Industries NSE:PTCIL -0.02% 96 E10 is ₹22.87 as of Mar. 2026. GuruFocus rates NSE:PTCIL with a GF Score™ of 96/100 and a GF Value™ of ₹26,414.06 (Possible Value Trap). 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.

PTC Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹39.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹22.87 for the trailing ten years ended in Mar. 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.

As of today (2026-06-28), PTC Industries's current stock price is ₹17429.00. PTC Industries's E10 for the quarter that ended in Mar. 2026 was ₹22.87. PTC Industries's Shiller PE Ratio of today is 762.09.

During the past 13 years, the highest Shiller PE Ratio of PTC Industries was 812.40. The lowest was 644.19. And the median was 706.33.


PTC Industries  (NSE:PTCIL) 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.

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

Shiller PE Ratio=Share Price/E10
=17429.00/22.87
=762.09

* 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 PTC Industries was 812.40. The lowest was 644.19. And the median was 706.33.


Be Aware

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


PTC Industries E10 Related Terms


PTC Industries E10 Historical Data

* Premium members only.

The historical data trend for PTC 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.

PTC Industries E10 Chart

PTC 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 0.00 0.00 0.00 0.00 22.87

PTC 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 0.00 0.00 0.00 0.00 22.87

NSE:PTCIL vs ATI, CRS, MLI: E10 Comparison

For the Metal Fabrication subindustry, PTC 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.


PTC Industries Shiller PE Ratio vs Industrial Products Industry

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

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


NSE:PTCIL
96GF Score
PTC Industries Ltd NSE:PTCIL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTC 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, PTC 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)
=39.94/164.2724*164.2724
=39.940

Current CPI (Mar. 2026) = 164.2724.

PTC Industries Quarterly Data

per share eps CPI Adj_EPS
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
201706 0.542 107.109 0.831
201709 1.228 109.021 1.850
201712 1.831 109.404 2.749
201803 2.120 109.786 3.172
201806 1.570 111.317 2.317
201809 3.400 115.142 4.851
201812 1.176 115.142 1.678
201903 2.216 118.202 3.080
201906 1.678 120.880 2.280
201909 1.706 123.175 2.275
201912 2.204 126.235 2.868
202003 2.461 124.705 3.242
202006 0.249 127.000 0.322
202009 0.895 130.118 1.130
202012 0.911 130.889 1.143
202103 1.116 131.771 1.391
202106 4.010 134.084 4.913
202109 1.380 135.847 1.669
202112 0.890 138.161 1.058
202203 -2.332 138.822 -2.760
202206 2.200 142.347 2.539
202209 5.840 144.661 6.632
202212 4.600 145.763 5.184
202303 6.890 146.865 7.707
202306 8.360 150.280 9.138
202309 5.880 151.492 6.376
202312 5.840 152.924 6.273
202403 10.380 153.035 11.142
202406 3.380 155.789 3.564
202409 11.830 157.882 12.309
202412 9.500 158.323 9.857
202503 16.380 157.552 17.079
202506 3.440 159.755 3.537
202509 12.090 162.289 12.238
202512 12.240 163.281 12.314
202603 39.940 164.272 39.940

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 ₹22.87 mean?
PTC Industries (NSE:PTCIL) has a E10 of ₹22.87 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PTC Industries and its competitors.
Is PTC Industries' E10 too high?
PTC Industries' current E10 is ₹22.87. Overall, PTC Industries has a GF Score™ of 96/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PTC Industries' E10 compare to ATI and CRS?
PTC Industries' E10 of ₹22.87 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 PTC Industries and its competitors. PTC Industries's current E10 is ₹22.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTC Industries stock overvalued right now?
Based on GuruFocus' analysis, PTC Industries (NSE:PTCIL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹26,414.06, compared to a current price of ₹17,429.00 — trading 34% below its estimated fair value. The current E10 is ₹22.87. PTC Industries' overall GF Score™ is 96/100 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 PTC Industries (NSE:PTCIL), the current E10 is ₹22.87 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 PTC Industries (NSE:PTCIL) Overvalued in 2026?

Based on GuruFocus' analysis, PTC Industries stock appears to be undervalued. The current stock price of ₹17,429.00 is trading 34% below its estimated GF Value™ of ₹26,414.06. GuruFocus considers PTC Industries to be Possible Value Trap.

Key valuation signals for NSE:PTCIL:

  • E10: ₹22.87
  • GF Value™: ₹26,414.06 vs. price of ₹17,429.00 (34% below fair value)
  • GF Score™: 96/100 with 6 warning signs

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


PTC Industries Business Description

Other Exchanges 539006:India
Address National Highway 25 A, Kanpur Road, Advanced Manufacturing & Technology Centre, Sarai Shahjadi, Lucknow, UP, IND, 227101
PTC Industries Ltd manufactures high-precision metal components for industrial, aerospace, and defence sectors. It produces aerospace-grade titanium and superalloy materials, along with corrosion-resistant castings for various industries. Its Strategic Materials Technology Complex in Uttar Pradesh houses integrated facilities for melting, casting, forging, machining, and processes. Through its subsidiary, Aerolloy Technologies, PTC supplies titanium and superalloy castings to domestic and international aerospace markets. The company's operations are divided into Castings, Metals, and Machining groups, covering the entire value chain. PTC has one reportable segment, Engineering and allied activities, and derives the majority of its revenue from international customers.
96GF Score

Get the complete analysis for NSE:PTCIL

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

₹17,429.00
Price
₹26,414.06
GF Value