Symphony (NSE:SYMPHONY) E10: ₹20.32 (As of Mar. 2026)


NSE:SYMPHONY Symphony Ltd NSE:SYMPHONY
73 GF Score
Price ₹690.30
GF Value ₹927.13
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Symphony E10?

Symphony NSE:SYMPHONY +1.34% 73 E10 is ₹20.32 as of Mar. 2026. GuruFocus rates NSE:SYMPHONY with a GF Score™ of 73/100 and a GF Value™ of ₹927.13 (Modestly Undervalued). The stock has 3 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.

Symphony's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-31.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹20.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Symphony's average E10 Growth Rate was -16.30% 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 (2026-07-02), Symphony's current stock price is ₹690.30. Symphony's E10 for the quarter that ended in Mar. 2026 was ₹20.32. Symphony's Shiller PE Ratio of today is 33.97.

During the past 13 years, the highest Shiller PE Ratio of Symphony was 74.08. The lowest was 29.27. And the median was 45.16.


Symphony  (NSE:SYMPHONY) 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.

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

Shiller PE Ratio=Share Price/E10
=690.30/20.32
=33.97

* 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 Symphony was 74.08. The lowest was 29.27. And the median was 45.16.


Be Aware

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


Symphony E10 Related Terms


Symphony E10 Historical Data

* Premium members only.

The historical data trend for Symphony'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.

Symphony E10 Chart

Symphony 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 24.29 20.32

Symphony 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 24.29 24.62 24.60 24.39 20.32

NSE:SYMPHONY vs SN, SGI, MHK: E10 Comparison

For the Furnishings, Fixtures & Appliances subindustry, Symphony'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.


Symphony Shiller PE Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Symphony's Shiller PE Ratio distribution charts can be found below:

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


NSE:SYMPHONY
73GF Score
Symphony Ltd NSE:SYMPHONY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Symphony 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, Symphony'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)
=-31.87/164.2724*164.2724
=-31.870

Current CPI (Mar. 2026) = 164.2724.

Symphony Quarterly Data

per share eps CPI Adj_EPS
201406 0.000 94.103 0.000
201506 0.000 99.841 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201706 5.610 107.109 8.604
201709 2.910 109.021 4.385
201712 9.320 109.404 13.994
201803 5.550 109.786 8.304
201806 2.859 111.317 4.219
201809 4.390 115.142 6.263
201812 5.290 115.142 7.547
201903 0.590 118.202 0.820
201906 4.800 120.880 6.523
201909 8.180 123.175 10.909
201912 7.340 126.235 9.552
202003 5.607 124.705 7.386
202006 0.220 127.000 0.285
202009 2.170 130.118 2.740
202012 3.910 130.889 4.907
202103 9.044 131.771 11.275
202106 0.870 134.084 1.066
202109 4.320 135.847 5.224
202112 2.960 138.161 3.519
202203 9.050 138.822 10.709
202206 4.210 142.347 4.858
202209 4.670 144.661 5.303
202212 5.510 145.763 6.210
202303 2.290 146.865 2.561
202306 3.440 150.280 3.760
202309 5.060 151.492 5.487
202312 5.910 152.924 6.349
202403 7.020 153.035 7.536
202406 12.760 155.789 13.455
202409 8.110 157.882 8.438
202412 -1.370 158.323 -1.421
202503 11.390 157.552 11.876
202506 6.080 159.755 6.252
202509 2.760 162.289 2.794
202512 3.000 163.281 3.018
202603 -31.870 164.272 -31.870

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 ₹20.32 mean?
Symphony (NSE:SYMPHONY) has a E10 of ₹20.32 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Symphony and its competitors.
Is Symphony's E10 too high?
Symphony's current E10 is ₹20.32. Overall, Symphony has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Symphony's E10 compare to SN and SGI?
Symphony's E10 of ₹20.32 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good E10 depends on the Furnishings, Fixtures & Appliances 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 Symphony and its competitors. Symphony's current E10 is ₹20.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Symphony stock overvalued right now?
Based on GuruFocus' analysis, Symphony (NSE:SYMPHONY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹927.13, compared to a current price of ₹690.30 — trading 25.5% below its estimated fair value. The current E10 is ₹20.32. Symphony's overall GF Score™ is 73/100 with 3 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 Symphony (NSE:SYMPHONY), the current E10 is ₹20.32 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 Symphony (NSE:SYMPHONY) Overvalued in 2026?

Based on GuruFocus' analysis, Symphony stock appears to be undervalued. The current stock price of ₹690.30 is trading 25.5% below its estimated GF Value™ of ₹927.13. GuruFocus considers Symphony to be Modestly Undervalued.

Key valuation signals for NSE:SYMPHONY:

  • E10: ₹20.32
  • GF Value™: ₹927.13 vs. price of ₹690.30 (25.5% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Symphony Business Description

Other Exchanges 517385:India
Address FP-12, TP-50, Off S.G. Highway, Symphony House, Third Floor, Bodakdev, Ahmedabad, GJ, IND, 380059
Symphony Ltd is an India-based company engaged in the field of residential, commercial, and industrial air cooling and other appliances both in the domestic and international markets. Its products include Household air coolers, Commercial air coolers, Tower fans, and Large space venti cooling among others. Geographically, the company generates a majority of its revenue within India and the rest from other countries.
73GF Score

Get the complete analysis for NSE:SYMPHONY

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

₹690.30
Price
₹927.13
GF Value