Radha Madhav (NSE:RMCL) E10: ₹-405.86 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

What is Radha Madhav E10?

Radha Madhav NSE:RMCL E10 is ₹-405.86 as of Jun. 2026. The stock has 1 warning sign 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.

Radha Madhav's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹-0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-405.86 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 3.50% 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 Radha Madhav was 24.70% per year. The lowest was 3.50% per year. And the median was 14.10% per year.

As of today (2026-09-13), Radha Madhav's current stock price is ₹200.00. Radha Madhav's E10 for the quarter that ended in Jun. 2026 was ₹-405.86. Radha Madhav's Shiller PE Ratio of today is .


Radha Madhav  (NSE:RMCL) 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.


Be Aware

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


Radha Madhav E10 Related Terms


Radha Madhav E10 Historical Data

* Premium members only.

The historical data trend for Radha Madhav'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.

Radha Madhav E10 Chart

Radha Madhav 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 -677.32 -428.25 -199.35 -279.18 -404.94

Radha Madhav 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 -328.92 -358.77 -396.28 -404.94 -405.86

NSE:RMCL vs BLL, AMCR, IP: E10 Comparison

For the Packaging & Containers subindustry, Radha Madhav'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.


Radha Madhav Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Radha Madhav's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Radha Madhav's Shiller PE Ratio falls into.



Radha Madhav 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, Radha Madhav'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)
=-0.1/167.3573*167.3573
=-0.100

Current CPI (Jun. 2026) = 167.3573.

Radha Madhav Quarterly Data

per share eps CPI Adj_EPS
201606 -6.000 105.961 -9.477
201609 -29.000 105.961 -45.803
201612 -14.000 105.196 -22.273
201703 -2.000 105.196 -3.182
201706 -0.362 107.109 -0.566
201709 33.000 109.021 50.658
201712 46.000 109.404 70.367
201803 51.000 109.786 77.744
201806 933.000 111.317 1,402.706
201809 114.000 115.142 165.698
201812 93.000 115.142 135.174
201903 -49.223 118.202 -69.693
201906 -97.000 120.880 -134.296
201909 -123.000 123.175 -167.120
201912 -123.000 126.235 -163.068
202003 -583.000 124.705 -782.400
202006 -4.000 127.000 -5.271
202009 -7.000 130.118 -9.003
202103 0.000 131.771 0.000
202106 -4.000 134.084 -4.993
202109 1.000 135.847 1.232
202112 -7.000 138.161 -8.479
202203 -3.122 138.822 -3.764
202206 -3.000 142.347 -3.527
202209 -3,743.000 144.661 -4,330.248
202212 -0.280 145.763 -0.321
202303 -0.372 146.865 -0.424
202306 -0.420 150.280 -0.468
202309 -0.240 151.492 -0.265
202312 -0.700 152.924 -0.766
202403 2.479 153.035 2.711
202406 -0.180 155.789 -0.193
202409 -0.600 157.882 -0.636
202412 -0.910 158.323 -0.962
202503 1.894 157.552 2.012
202506 -0.010 159.755 -0.010
202509 -0.100 162.289 -0.103
202512 1.280 163.281 1.312
202603 -0.401 164.272 -0.409
202606 -0.100 167.357 -0.100

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 ₹-405.86 mean?
Radha Madhav (NSE:RMCL) has a E10 of ₹-405.86 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Radha Madhav and its competitors.
Is Radha Madhav's E10 too high?
Radha Madhav's current E10 is ₹-405.86.
How does Radha Madhav's E10 compare to BLL and AMCR?
Radha Madhav's E10 of ₹-405.86 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good E10 depends on the Packaging & Containers 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 Radha Madhav and its competitors. Radha Madhav's current E10 is ₹-405.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Radha Madhav stock overvalued right now?
Radha Madhav (NSE:RMCL) has a current E10 of ₹-405.86. The stock's GF Value™ is ₹100.40, compared to a current price of ₹200.00 — trading 99.2% above its estimated fair value. The current E10 is ₹-405.86. 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 Radha Madhav (NSE:RMCL), the current E10 is ₹-405.86 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.

Radha Madhav Business Description

Address Survey No. 50/9, Adaman Industrial Estate, Village Kadaiya, Nani Daman, Daman and Diu, IND, 396210
Radha Madhav Corp Ltd is a multi-material, multi-process, and multi-product packaging solutions provider. It manufactures multilayer cast and blown barrier films used in primary and secondary packaging for food, dairy, and pharmaceutical sectors. Their product range includes flexible packaging materials such as specialty films, folded cartons, bags, liners, stretch films, and shrink films. The company also engages in trading and distribution of products across categories like clothing, wellness, cosmetics, and electronics via its online portal. Radha Madhav has several production units located in Daman and Rudrapur, serving both domestic and international markets.