Shiva Mills (NSE:SHIVAMILLS) E10: ₹4.26 (As of Mar. 2026)


NSE:SHIVAMILLS Shiva Mills Ltd NSE:SHIVAMILLS
76 GF Score
Price ₹59.05
GF Value ₹60.96
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Shiva Mills E10?

Shiva Mills NSE:SHIVAMILLS -2.85% 76 E10 is ₹4.26 as of Mar. 2026. GuruFocus rates NSE:SHIVAMILLS with a GF Score™ of 76/100 and a GF Value™ of ₹60.96 (Fairly Valued). The stock has 2 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.

Shiva Mills's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was ₹-0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shiva Mills's average E10 Growth Rate was -6.40% 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 (2026-07-12), Shiva Mills's current stock price is ₹ 59.05. Shiva Mills's E10 for the fiscal year that ended in Mar. 2026 was ₹4.26. Shiva Mills's Shiller PE Ratio of today is 13.86.

During the past 11 years, the highest Shiller PE Ratio of Shiva Mills was 16.20. The lowest was 10.08. And the median was 14.65.


Shiva Mills  (NSE:SHIVAMILLS) 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.

Shiva Mills's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=59.05/4.26
=13.86

* 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 11 years, the highest Shiller P/E Ratio of Shiva Mills was 16.20. The lowest was 10.08. And the median was 14.65.


Be Aware

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


Shiva Mills E10 Related Terms


Shiva Mills E10 Historical Data

* Premium members only.

The historical data trend for Shiva Mills'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.

Shiva Mills E10 Chart

Shiva Mills 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 4.91 4.26

Shiva Mills 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 4.91 0.00 0.00 0.00 4.26

Shiva Mills E10 Competitor Comparison

For the Textile Manufacturing subindustry, Shiva Mills'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.


Shiva Mills Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shiva Mills's Shiller PE Ratio falls into.


NSE:SHIVAMILLS
76GF Score
Shiva Mills Ltd NSE:SHIVAMILLS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shiva Mills 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, Shiva Mills's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.1/164.2724*164.2724
=-0.100

Current CPI (Mar. 2026) = 164.2724.

Shiva Mills Annual Data

per_share_eps CPI Adj_EPS
201703 5.178 105.196 8.086
201803 4.470 109.786 6.688
201903 7.640 118.202 10.618
202003 1.320 124.705 1.739
202103 9.900 131.771 12.342
202203 20.430 138.822 24.175
202303 -8.280 146.865 -9.261
202403 -3.760 153.035 -4.036
202503 -4.410 157.552 -4.598
202603 -0.100 164.272 -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 ₹4.26 mean?
Shiva Mills (NSE:SHIVAMILLS) has a E10 of ₹4.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shiva Mills and its competitors.
Is Shiva Mills' E10 too high?
Shiva Mills' current E10 is ₹4.26. Overall, Shiva Mills has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shiva Mills' E10 compare to competitors?
Shiva Mills' E10 of ₹4.26 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 Shiva Mills and its competitors. Shiva Mills's current E10 is ₹4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiva Mills stock overvalued right now?
Based on GuruFocus' analysis, Shiva Mills (NSE:SHIVAMILLS) is currently considered Fairly Valued. The stock's GF Value™ is ₹60.96, compared to a current price of ₹59.05 — trading 3.1% below its estimated fair value. The current E10 is ₹4.26. Shiva Mills' overall GF Score™ is 76/100 with 2 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 Shiva Mills (NSE:SHIVAMILLS), the current E10 is ₹4.26 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 Shiva Mills (NSE:SHIVAMILLS) Overvalued in 2026?

Based on GuruFocus' analysis, Shiva Mills stock appears to be undervalued. The current stock price of ₹59.05 is trading 3.1% below its estimated GF Value™ of ₹60.96. GuruFocus considers Shiva Mills to be Fairly Valued.

Key valuation signals for NSE:SHIVAMILLS:

  • E10: ₹4.26
  • GF Value™: ₹60.96 vs. price of ₹59.05 (3.1% below fair value)
  • GF Score™: 76/100 with 2 warning signs

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


Shiva Mills Business Description

Other Exchanges 540961:India
Address Bye-Pass Road Mettupalayam Road, 249-A, Coimbatore, TN, IND, 641043
Shiva Mills Ltd is a textile manufacturing company. Its products include cotton yarn, grey fabric, and others. The company operates into a single segment which is Textiles. The company sells its products in the Indian market as well as internationally, but the majority of its revenues are derived from India.
76GF Score

Get the complete analysis for NSE:SHIVAMILLS

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

₹59.05
Price
₹60.96
GF Value