SG Mart (NSE:SGMART) E10: ₹2.81 (As of Mar. 2026)


NSE:SGMART SG Mart Ltd NSE:SGMART
67 GF Score
Price ₹603.15
GF Value ₹590.01
Valuation Fairly Valued
! 6 Warning Signs
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What is SG Mart E10?

SG Mart NSE:SGMART -0.89% 67 E10 is ₹2.81 as of Mar. 2026. GuruFocus rates NSE:SGMART with a GF Score™ of 67/100 and a GF Value™ of ₹590.01 (Fairly Valued). 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.

SG Mart's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SG Mart's average E10 Growth Rate was 57.90% per year. During the past 3 years, the average E10 Growth Rate was 194.50% 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 SG Mart was 194.50% per year. The lowest was 152.90% per year. And the median was 173.70% per year.

As of today (2026-07-03), SG Mart's current stock price is ₹603.15. SG Mart's E10 for the quarter that ended in Mar. 2026 was ₹2.81. SG Mart's Shiller PE Ratio of today is 214.64.

During the past 13 years, the highest Shiller PE Ratio of SG Mart was 1631.92. The lowest was 139.61. And the median was 223.47.


SG Mart  (NSE:SGMART) 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.

SG Mart's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=603.15/2.81
=214.64

* 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 SG Mart was 1631.92. The lowest was 139.61. And the median was 223.47.


Be Aware

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


SG Mart E10 Related Terms


SG Mart E10 Historical Data

* Premium members only.

The historical data trend for SG Mart'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.

SG Mart E10 Chart

SG Mart 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 2.81

SG Mart 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 2.35 2.44 2.81

NSE:SGMART vs GWW, FAST, FERG: E10 Comparison

For the Industrial Distribution subindustry, SG Mart'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.


SG Mart Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, SG Mart's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SG Mart's Shiller PE Ratio falls into.


NSE:SGMART
67GF Score
SG Mart Ltd NSE:SGMART
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SG Mart 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, SG Mart'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)
=3.29/164.2724*164.2724
=3.290

Current CPI (Mar. 2026) = 164.2724.

SG Mart Quarterly Data

per share eps CPI Adj_EPS
201503 0.003 97.163 0.005
201506 0.008 99.841 0.013
201509 0.027 101.753 0.044
201512 0.006 102.901 0.010
201603 0.023 102.518 0.037
201606 0.141 105.961 0.219
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 0.218 111.317 0.322
201809 0.521 115.142 0.743
201812 -0.356 115.142 -0.508
201903 -0.310 118.202 -0.431
201906 -0.006 120.880 -0.008
201909 0.111 123.175 0.148
201912 0.039 126.235 0.051
202003 0.091 124.705 0.120
202006 0.014 127.000 0.018
202009 0.046 130.118 0.058
202012 0.029 130.889 0.036
202103 0.062 131.771 0.077
202106 0.018 134.084 0.022
202109 0.016 135.847 0.019
202112 0.014 138.161 0.017
202203 0.104 138.822 0.123
202206 0.111 142.347 0.128
202209 0.055 144.661 0.062
202212 -0.002 145.763 -0.002
202303 -0.070 146.865 -0.078
202306 0.640 150.280 0.700
202309 1.210 151.492 1.312
202312 1.830 152.924 1.966
202403 3.008 153.035 3.229
202406 2.230 155.789 2.351
202409 1.360 157.882 1.415
202412 2.390 158.323 2.480
202503 2.870 157.552 2.992
202506 2.690 159.755 2.766
202509 2.110 162.289 2.136
202512 0.850 163.281 0.855
202603 3.290 164.272 3.290

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 ₹2.81 mean?
SG Mart (NSE:SGMART) has a E10 of ₹2.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SG Mart and its competitors.
Is SG Mart's E10 too high?
SG Mart's current E10 is ₹2.81. Overall, SG Mart has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SG Mart's E10 compare to GWW and FAST?
SG Mart's E10 of ₹2.81 can be compared against companies in the Industrial Distribution 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 Distribution company?
A good E10 depends on the Industrial Distribution 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 SG Mart and its competitors. SG Mart's current E10 is ₹2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Mart stock overvalued right now?
Based on GuruFocus' analysis, SG Mart (NSE:SGMART) is currently considered Fairly Valued. The stock's GF Value™ is ₹590.01, compared to a current price of ₹603.15 — trading 2.2% above its estimated fair value. The current E10 is ₹2.81. SG Mart's overall GF Score™ is 67/100 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 SG Mart (NSE:SGMART), the current E10 is ₹2.81 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 SG Mart (NSE:SGMART) Overvalued in 2026?

Based on GuruFocus' analysis, SG Mart stock appears to be overvalued. The current stock price of ₹603.15 is trading 2.2% above its estimated GF Value™ of ₹590.01. GuruFocus considers SG Mart to be Fairly Valued.

Key valuation signals for NSE:SGMART:

  • E10: ₹2.81
  • GF Value™: ₹590.01 vs. price of ₹603.15 (2.2% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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


SG Mart Business Description

Other Exchanges 512329:India
Address Gautam Buddha Nagar, A-127, Sector-136, Noida, UP, IND, 201305
SG Mart Ltd is a B2B one-stop shop that provides a range of construction-related solutions from top brands under one roof. The company includes TMT Bar, MESH NET, Binding Wire, Welding Rod, Steel Tube, Sanitaryware, Bath fittings, Laminates, Galvanised Sheet, HR Coil & Sheet, All Ceramic Range of Tiles, Premium Tiles Adhesive & Grouts, Double Charge Tiles division, Home appliances, Lighting for Domestic, Commercial & Industrial applications, LED Lighting, Fans, Modular Switches & Wiring Accessories, Water Heaters, Industrial & Domestic Circuit Protection Switchgear, and Industrial & Domestic Cables and Wires. Geographically, the company generates the majority of its revenue from India.
67GF Score

Get the complete analysis for NSE:SGMART

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

₹603.15
Price
₹590.01
GF Value