Steel Strips Wheels (NSE:SSWL) E10: ₹12.73 (As of Mar. 2026)


NSE:SSWL Steel Strips Wheels Ltd NSE:SSWL
86 GF Score
Price ₹229.87
GF Value ₹257.77
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Steel Strips Wheels E10?

Steel Strips Wheels NSE:SSWL -1.58% 86 E10 is ₹12.73 as of Mar. 2026. GuruFocus rates NSE:SSWL with a GF Score™ of 86/100 and a GF Value™ of ₹257.77 (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.

Steel Strips Wheels's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹12.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Steel Strips Wheels's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 27.00% per year. During the past 5 years, the average E10 Growth Rate was 29.60% 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 Steel Strips Wheels was 40.00% per year. The lowest was 27.00% per year. And the median was 32.90% per year.

As of today (2026-06-29), Steel Strips Wheels's current stock price is ₹229.87. Steel Strips Wheels's E10 for the quarter that ended in Mar. 2026 was ₹12.73. Steel Strips Wheels's Shiller PE Ratio of today is 18.06.

During the past 13 years, the highest Shiller PE Ratio of Steel Strips Wheels was 45.22. The lowest was 12.96. And the median was 21.63.


Steel Strips Wheels  (NSE:SSWL) 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.

Steel Strips Wheels's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=229.87/12.73
=18.06

* 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 Steel Strips Wheels was 45.22. The lowest was 12.96. And the median was 21.63.


Be Aware

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


Steel Strips Wheels E10 Related Terms


Steel Strips Wheels E10 Historical Data

* Premium members only.

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels E10 Chart

Steel Strips Wheels 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 4.98 6.21 10.50 11.68 12.73

Steel Strips Wheels 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 11.68 12.00 12.23 12.44 12.73

NSE:SSWL vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Shiller PE Ratio falls into.


NSE:SSWL
86GF Score
Steel Strips Wheels Ltd NSE:SSWL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Strips Wheels 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, Steel Strips Wheels'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)
=3.86/164.2724*164.2724
=3.860

Current CPI (Mar. 2026) = 164.2724.

Steel Strips Wheels Quarterly Data

per share eps CPI Adj_EPS
201606 1.125 105.961 1.744
201609 1.033 105.961 1.601
201612 0.811 105.196 1.266
201703 0.636 105.196 0.993
201706 1.053 107.109 1.615
201709 1.166 109.021 1.757
201712 1.162 109.404 1.745
201803 1.437 109.786 2.150
201806 1.354 111.317 1.998
201809 1.303 115.142 1.859
201812 1.202 115.142 1.715
201903 1.254 118.202 1.743
201906 0.900 120.880 1.223
201909 0.470 123.175 0.627
201912 0.392 126.235 0.510
202003 -0.337 124.705 -0.444
202006 -2.443 127.000 -3.160
202009 0.899 130.118 1.135
202012 1.838 130.889 2.307
202103 2.848 131.771 3.550
202106 3.266 134.084 4.001
202109 4.014 135.847 4.854
202112 2.730 138.161 3.246
202203 3.120 138.822 3.692
202206 3.082 142.347 3.557
202209 3.490 144.661 3.963
202212 2.790 145.763 3.144
202303 3.010 146.865 3.367
202306 3.030 150.280 3.312
202309 3.330 151.492 3.611
202312 3.790 152.924 4.071
202403 32.840 153.035 35.252
202406 2.600 155.789 2.742
202409 2.930 157.882 3.049
202412 3.040 158.323 3.154
202503 3.850 157.552 4.014
202506 3.000 159.755 3.085
202509 2.250 162.289 2.277
202512 2.960 163.281 2.978
202603 3.860 164.272 3.860

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 ₹12.73 mean?
Steel Strips Wheels (NSE:SSWL) has a E10 of ₹12.73 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Steel Strips Wheels and its competitors.
Is Steel Strips Wheels' E10 too high?
Steel Strips Wheels' current E10 is ₹12.73. Overall, Steel Strips Wheels has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' E10 compare to ORLY and AZO?
Steel Strips Wheels' E10 of ₹12.73 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Steel Strips Wheels and its competitors. Steel Strips Wheels's current E10 is ₹12.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹257.77, compared to a current price of ₹229.87 — trading 10.8% below its estimated fair value. The current E10 is ₹12.73. Steel Strips Wheels' overall GF Score™ is 86/100 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 Steel Strips Wheels (NSE:SSWL), the current E10 is ₹12.73 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be undervalued. The current stock price of ₹229.87 is trading 10.8% below its estimated GF Value™ of ₹257.77. GuruFocus considers Steel Strips Wheels to be Modestly Undervalued.

Key valuation signals for NSE:SSWL:

  • E10: ₹12.73
  • GF Value™: ₹257.77 vs. price of ₹229.87 (10.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs

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


Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
86GF Score

Get the complete analysis for NSE:SSWL

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

₹229.87
Price
₹257.77
GF Value