Reliance Chemotex Industries (NSE:RELCHEMQ) E10: ₹14.12 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RELCHEMQ Reliance Chemotex Industries Ltd NSE:RELCHEMQ
66 GF Score
Price ₹115.33
GF Value ₹192.74
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Reliance Chemotex Industries E10?

Reliance Chemotex Industries NSE:RELCHEMQ +1.74% 66 E10 is ₹14.12 as of Jun. 2026. GuruFocus rates NSE:RELCHEMQ with a GF Score™ of 66/100 and a GF Value™ of ₹192.74 (Possible Value Trap). The stock has 9 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.

Reliance Chemotex Industries's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹1.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹14.12 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Reliance Chemotex Industries's average E10 Growth Rate was 3.20% per year. During the past 3 years, the average E10 Growth Rate was 2.00% per year. During the past 5 years, the average E10 Growth Rate was 1.70% 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 Reliance Chemotex Industries was 3.90% per year. The lowest was -2.10% per year. And the median was 2.00% per year.

As of today (2026-08-31), Reliance Chemotex Industries's current stock price is ₹115.33. Reliance Chemotex Industries's E10 for the quarter that ended in Jun. 2026 was ₹14.12. Reliance Chemotex Industries's Shiller PE Ratio of today is 8.17.

During the past 13 years, the highest Shiller PE Ratio of Reliance Chemotex Industries was 23.89. The lowest was 4.95. And the median was 12.82.


Reliance Chemotex Industries  (NSE:RELCHEMQ) 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.

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

Shiller PE Ratio=Share Price/E10
=115.33/14.12
=8.17

* 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 Reliance Chemotex Industries was 23.89. The lowest was 4.95. And the median was 12.82.


Be Aware

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


Reliance Chemotex Industries E10 Related Terms


Reliance Chemotex Industries E10 Historical Data

* Premium members only.

The historical data trend for Reliance Chemotex 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.

Reliance Chemotex Industries E10 Chart

Reliance Chemotex 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 13.52 13.67 13.48 14.33

Reliance Chemotex Industries 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 13.87 14.00 14.94 14.33 14.12

Reliance Chemotex Industries E10 Competitor Comparison

For the Textile Manufacturing subindustry, Reliance Chemotex 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.


Reliance Chemotex Industries Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:RELCHEMQ
66GF Score
Reliance Chemotex Industries Ltd NSE:RELCHEMQ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reliance Chemotex 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, Reliance Chemotex Industries'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)
=1.81/167.3573*167.3573
=1.810

Current CPI (Jun. 2026) = 167.3573.

Reliance Chemotex Industries Quarterly Data

per share eps CPI Adj_EPS
201609 4.314 105.961 6.814
201612 -3.414 105.196 -5.431
201703 9.395 105.196 14.947
201706 3.164 107.109 4.944
201709 0.909 109.021 1.395
201712 -1.711 109.404 -2.617
201803 3.512 109.786 5.354
201806 1.920 111.317 2.887
201809 0.610 115.142 0.887
201812 1.520 115.142 2.209
201903 6.240 118.202 8.835
201906 8.770 120.880 12.142
201909 2.890 123.175 3.927
201912 3.250 126.235 4.309
202003 1.660 124.705 2.228
202006 -1.910 127.000 -2.517
202009 0.080 130.118 0.103
202012 3.360 130.889 4.296
202103 7.660 131.771 9.729
202106 4.050 134.084 5.055
202109 5.830 135.847 7.182
202112 5.710 138.161 6.917
202203 8.450 138.822 10.187
202206 4.250 142.347 4.997
202209 4.390 144.661 5.079
202212 4.150 145.763 4.765
202303 3.670 146.865 4.182
202306 2.950 150.280 3.285
202309 0.610 151.492 0.674
202312 0.080 152.924 0.088
202403 0.610 153.035 0.667
202406 0.780 155.789 0.838
202409 1.890 157.882 2.003
202412 0.260 158.323 0.275
202503 2.440 157.552 2.592
202506 1.410 159.755 1.477
202509 2.190 162.289 2.258
202512 1.060 163.281 1.086
202603 2.310 164.272 2.353
202606 1.810 167.357 1.810

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 ₹14.12 mean?
Reliance Chemotex Industries (NSE:RELCHEMQ) has a E10 of ₹14.12 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Reliance Chemotex Industries and its competitors.
Is Reliance Chemotex Industries' E10 too high?
Reliance Chemotex Industries' current E10 is ₹14.12. Overall, Reliance Chemotex Industries has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Reliance Chemotex Industries' E10 compare to competitors?
Reliance Chemotex Industries' E10 of ₹14.12 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 Reliance Chemotex Industries and its competitors. Reliance Chemotex Industries's current E10 is ₹14.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Chemotex Industries stock overvalued right now?
Based on GuruFocus' analysis, Reliance Chemotex Industries (NSE:RELCHEMQ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹192.74, compared to a current price of ₹115.33 — trading 40.2% below its estimated fair value. The current E10 is ₹14.12. Reliance Chemotex Industries' overall GF Score™ is 66/100 with 9 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 Reliance Chemotex Industries (NSE:RELCHEMQ), the current E10 is ₹14.12 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 Reliance Chemotex Industries (NSE:RELCHEMQ) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Chemotex Industries stock appears to be undervalued. The current stock price of ₹115.33 is trading 40.2% below its estimated GF Value™ of ₹192.74. GuruFocus considers Reliance Chemotex Industries to be Possible Value Trap.

Key valuation signals for NSE:RELCHEMQ:

  • E10: ₹14.12
  • GF Value™: ₹192.74 vs. price of ₹115.33 (40.2% below fair value)
  • GF Score™: 66/100 with 9 warning signs

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


Reliance Chemotex Industries Business Description

Other Exchanges 503162:India
Address Village Kanpur, Post Box No. 73, Udaipur, RJ, IND, 313 003
Reliance Chemotex Industries Ltd is engaged in the manufacturing of synthetic blended yarn. The company's geographical segments are Sales within India, which includes sales to customers located in India, and Sales outside India, consisting of sales to customers located outside India. It offers various products such as Home furnishing yarns, which include artificial silk carpets, conveyor belts, towels, raised and flat upholstery, and artificial leather. Industrial yarns comprising school uniforms, shawls, medical aids, dyed polyester, and viscose yarn. The Company's primary business segment is Yarn.
66GF Score

Get the complete analysis for NSE:RELCHEMQ

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

₹115.33
Price
₹192.74
GF Value