Sicagen India (NSE:SICAGEN) E10: ₹2.12 (As of Jun. 2026)

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NSE:SICAGEN Sicagen India Ltd NSE:SICAGEN
71 GF Score
Price ₹55.66
GF Value ₹78.56
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sicagen India E10?

Sicagen India NSE:SICAGEN -0.34% 71 E10 is ₹2.12 as of Jun. 2026. GuruFocus rates NSE:SICAGEN with a GF Score™ of 71/100 and a GF Value™ of ₹78.56 (Significantly Undervalued). 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.

Sicagen India's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹1.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.12 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Sicagen India's average E10 Growth Rate was 29.30% per year. During the past 3 years, the average E10 Growth Rate was 5.80% per year. During the past 5 years, the average E10 Growth Rate was -3.80% 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 Sicagen India was 5.80% per year. The lowest was -15.00% per year. And the median was -8.70% per year.

As of today (2026-08-22), Sicagen India's current stock price is ₹55.66. Sicagen India's E10 for the quarter that ended in Jun. 2026 was ₹2.12. Sicagen India's Shiller PE Ratio of today is 26.25.

During the past 13 years, the highest Shiller PE Ratio of Sicagen India was 83.44. The lowest was 5.50. And the median was 25.38.


Sicagen India  (NSE:SICAGEN) 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.

Sicagen India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=55.66/2.12
=26.25

* 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 Sicagen India was 83.44. The lowest was 5.50. And the median was 25.38.


Be Aware

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


Sicagen India E10 Related Terms


Sicagen India E10 Historical Data

* Premium members only.

The historical data trend for Sicagen India'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.

Sicagen India E10 Chart

Sicagen India 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 2.09 1.30 0.51 0.57 1.09

Sicagen India 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 0.54 0.69 0.77 1.09 2.12

NSE:SICAGEN vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Sicagen India'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.


Sicagen India Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Sicagen India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sicagen India's Shiller PE Ratio falls into.


NSE:SICAGEN
71GF Score
Sicagen India Ltd NSE:SICAGEN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sicagen India 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, Sicagen India'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)
=1.75/167.3573*167.3573
=1.750

Current CPI (Jun. 2026) = 167.3573.

Sicagen India Quarterly Data

per share eps CPI Adj_EPS
201609 0.610 105.961 0.963
201612 -0.360 105.196 -0.573
201703 1.530 105.196 2.434
201706 0.040 107.109 0.062
201709 0.280 109.021 0.430
201712 -0.740 109.404 -1.132
201803 0.710 109.786 1.082
201806 -0.920 111.317 -1.383
201809 0.250 115.142 0.363
201812 -0.150 115.142 -0.218
201903 0.850 118.202 1.203
201906 -0.830 120.880 -1.149
201909 1.000 123.175 1.359
201912 -0.050 126.235 -0.066
202003 -0.030 124.705 -0.040
202006 -1.500 127.000 -1.977
202009 0.070 130.118 0.090
202012 -0.340 130.889 -0.435
202103 0.960 131.771 1.219
202106 0.690 134.084 0.861
202109 -2.260 135.847 -2.784
202112 0.370 138.161 0.448
202203 1.050 138.822 1.266
202206 0.570 142.347 0.670
202209 0.240 144.661 0.278
202212 0.870 145.763 0.999
202303 2.820 146.865 3.213
202306 0.960 150.280 1.069
202309 0.330 151.492 0.365
202312 0.590 152.924 0.646
202403 0.780 153.035 0.853
202406 1.210 155.789 1.300
202409 1.050 157.882 1.113
202412 1.060 158.323 1.120
202503 1.000 157.552 1.062
202506 1.150 159.755 1.205
202509 1.040 162.289 1.072
202512 1.250 163.281 1.281
202603 1.130 164.272 1.151
202606 1.750 167.357 1.750

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 ₹2.12 mean?
Sicagen India (NSE:SICAGEN) has a E10 of ₹2.12 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sicagen India and its competitors.
Is Sicagen India's E10 too high?
Sicagen India's current E10 is ₹2.12. Overall, Sicagen India has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sicagen India's E10 compare to NUE and STLD?
Sicagen India's E10 of ₹2.12 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Sicagen India and its competitors. Sicagen India's current E10 is ₹2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sicagen India stock overvalued right now?
Based on GuruFocus' analysis, Sicagen India (NSE:SICAGEN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹78.56, compared to a current price of ₹55.66 — trading 29.1% below its estimated fair value. The current E10 is ₹2.12. Sicagen India's overall GF Score™ is 71/100 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 Sicagen India (NSE:SICAGEN), the current E10 is ₹2.12 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 Sicagen India (NSE:SICAGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Sicagen India stock appears to be undervalued. The current stock price of ₹55.66 is trading 29.1% below its estimated GF Value™ of ₹78.56. GuruFocus considers Sicagen India to be Significantly Undervalued.

Key valuation signals for NSE:SICAGEN:

  • E10: ₹2.12
  • GF Value™: ₹78.56 vs. price of ₹55.66 (29.1% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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


Sicagen India Business Description

Other Exchanges 533014:India
Address No. 88, Mount Road, 4th Floor, SPIC House, Guindy, Chennai, TN, IND, 600 032
Sicagen India Ltd is an investment holding company. Its principal business lines are building materials, power and control systems, manufacturing of MS barrels and manufacturing of water treatment chemicals, industrial packaging, speciality chemicals, engineering, cable manufacturing, and fabrication. It serves a diverse range of markets including retail, institutional, dealers, corporate, builders, agriculturists, fabricators, and contractors. The company's segment includes Trading and Manufacturing. It generates maximum revenue from the Trading segment from India.
71GF Score

Get the complete analysis for NSE:SICAGEN

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

₹55.66
Price
₹78.56
GF Value