Spectrum Electrical Industries (NSE:SPECTRUM) E10: ₹6.75 (As of Dec. 2025)


NSE:SPECTRUM Spectrum Electrical Industries Ltd NSE:SPECTRUM
93 GF Score
Price ₹1,853.20
GF Value ₹2,238.62
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Spectrum Electrical Industries E10?

Spectrum Electrical Industries NSE:SPECTRUM -1.62% 93 E10 is ₹6.75 as of Dec. 2025. GuruFocus rates NSE:SPECTRUM with a GF Score™ of 93/100 and a GF Value™ of ₹2,238.62 (Modestly Undervalued). The stock has 5 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.

Spectrum Electrical Industries's adjusted earnings per share data for the fiscal year that ended in Mar. 2025 was ₹16.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.75 for the trailing ten years ended in Mar. 2025.

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 (2026-07-05), Spectrum Electrical Industries's current stock price is ₹ 1853.20. Spectrum Electrical Industries's E10 for the fiscal year that ended in Mar. 2025 was ₹6.75. Spectrum Electrical Industries's Shiller PE Ratio of today is 274.55.

During the past 12 years, the highest Shiller PE Ratio of Spectrum Electrical Industries was 274.57. The lowest was 216.19. And the median was 250.76.


Spectrum Electrical Industries  (NSE:SPECTRUM) 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.

Spectrum Electrical Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1853.20/6.75
=274.55

* 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 12 years, the highest Shiller P/E Ratio of Spectrum Electrical Industries was 274.57. The lowest was 216.19. And the median was 250.76.


Be Aware

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


Spectrum Electrical Industries E10 Related Terms


Spectrum Electrical Industries E10 Historical Data

* Premium members only.

The historical data trend for Spectrum Electrical 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.

Spectrum Electrical Industries E10 Chart

Spectrum Electrical Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3.76 5.16 6.75

Spectrum Electrical Industries Quarterly Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 6.75 0.00 0.00 0.00

NSE:SPECTRUM vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Spectrum Electrical 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.


Spectrum Electrical Industries Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectrum Electrical Industries's Shiller PE Ratio distribution charts can be found below:

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


NSE:SPECTRUM
93GF Score
Spectrum Electrical Industries Ltd NSE:SPECTRUM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spectrum Electrical 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, Spectrum Electrical Industries's adjusted earnings per share data for the fiscal year that ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=16.3/157.5517*157.5517
=16.300

Current CPI (Mar. 2025) = 157.5517.

Spectrum Electrical Industries Annual Data

per_share_eps CPI Adj_EPS
201603 1.634 102.518 2.511
201703 2.313 105.196 3.464
201803 3.904 109.786 5.603
201903 4.860 118.202 6.478
202003 3.100 124.705 3.917
202103 3.910 131.771 4.675
202203 5.060 138.822 5.743
202303 5.590 146.865 5.997
202403 12.440 153.035 12.807
202503 16.300 157.552 16.300

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 ₹6.75 mean?
Spectrum Electrical Industries (NSE:SPECTRUM) has a E10 of ₹6.75 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Spectrum Electrical Industries and its competitors.
Is Spectrum Electrical Industries' E10 too high?
Spectrum Electrical Industries' current E10 is ₹6.75. Overall, Spectrum Electrical Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spectrum Electrical Industries' E10 compare to VRT and BE?
Spectrum Electrical Industries' E10 of ₹6.75 can be compared against companies in the Industrial Products 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 Products company?
A good E10 depends on the Industrial Products 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 Spectrum Electrical Industries and its competitors. Spectrum Electrical Industries's current E10 is ₹6.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Electrical Industries stock overvalued right now?
Based on GuruFocus' analysis, Spectrum Electrical Industries (NSE:SPECTRUM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,238.62, compared to a current price of ₹1,853.20 — trading 17.2% below its estimated fair value. The current E10 is ₹6.75. Spectrum Electrical Industries' overall GF Score™ is 93/100 with 5 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 Spectrum Electrical Industries (NSE:SPECTRUM), the current E10 is ₹6.75 as of Dec. 2025. 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 Spectrum Electrical Industries (NSE:SPECTRUM) Overvalued in 2026?

Based on GuruFocus' analysis, Spectrum Electrical Industries stock appears to be undervalued. The current stock price of ₹1,853.20 is trading 17.2% below its estimated GF Value™ of ₹2,238.62. GuruFocus considers Spectrum Electrical Industries to be Modestly Undervalued.

Key valuation signals for NSE:SPECTRUM:

  • E10: ₹6.75
  • GF Value™: ₹2,238.62 vs. price of ₹1,853.20 (17.2% below fair value)
  • GF Score™: 93/100 with 5 warning signs

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


Spectrum Electrical Industries Business Description

Other Exchanges 544386:India
Address Office No. 501, A&B, Omega Building, 5th Floor, Omega Tower, Hiranandani Garden, Powai, Mumbai, MH, IND, 400076
Spectrum Electrical Industries Ltd is an India-based contract manufacturer and a component supplier. It is mainly engaged in the business of designing and manufacturing electrical, automobile, and irrigation components. It offers a range of electrical components, including miniature circuit breaker (MCB) base and cover, distribution board, alternating current (AC) Box, modular electric board panels, fancy angle holders, calipers, filter pumps, carrier, and filter tank. It also offers various services including surface coatings, metallic stamping, plastics molding, and designing new molds and dies, press tools. The company mainly offers its products in the Indian market, and it also exports some of its products.
93GF Score

Get the complete analysis for NSE:SPECTRUM

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

₹1,853.20
Price
₹2,238.62
GF Value