TCPL Packaging (NSE:TCPLPACK) E10: ₹92.40 (As of Mar. 2026)


NSE:TCPLPACK TCPL Packaging Ltd NSE:TCPLPACK
75 GF Score
Price ₹2,997.30
GF Value ₹3,075.72
Valuation Fairly Valued
! 3 Warning Signs
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What is TCPL Packaging E10?

TCPL Packaging NSE:TCPLPACK +2.81% 75 E10 is ₹92.40 as of Mar. 2026. GuruFocus rates NSE:TCPLPACK with a GF Score™ of 75/100 and a GF Value™ of ₹3,075.72 (Fairly Valued). 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.

TCPL Packaging's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹23.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹92.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TCPL Packaging's average E10 Growth Rate was 8.70% per year. During the past 3 years, the average E10 Growth Rate was 19.90% per year. During the past 5 years, the average E10 Growth Rate was 22.50% 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 TCPL Packaging was 27.00% per year. The lowest was 19.90% per year. And the median was 26.00% per year.

As of today (2026-06-26), TCPL Packaging's current stock price is ₹2997.30. TCPL Packaging's E10 for the quarter that ended in Mar. 2026 was ₹92.40. TCPL Packaging's Shiller PE Ratio of today is 32.44.

During the past 13 years, the highest Shiller PE Ratio of TCPL Packaging was 56.49. The lowest was 7.42. And the median was 28.04.


TCPL Packaging  (NSE:TCPLPACK) 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.

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

Shiller PE Ratio=Share Price/E10
=2997.30/92.40
=32.44

* 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 TCPL Packaging was 56.49. The lowest was 7.42. And the median was 28.04.


Be Aware

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


TCPL Packaging E10 Related Terms


TCPL Packaging E10 Historical Data

* Premium members only.

The historical data trend for TCPL Packaging'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.

TCPL Packaging E10 Chart

TCPL Packaging 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 41.43 53.36 73.13 85.05 92.40

TCPL Packaging 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 85.05 86.92 89.99 90.67 92.40

NSE:TCPLPACK vs SW, PKG, AMCR: E10 Comparison

For the Packaging & Containers subindustry, TCPL Packaging'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.


TCPL Packaging Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TCPL Packaging's Shiller PE Ratio distribution charts can be found below:

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


NSE:TCPLPACK
75GF Score
TCPL Packaging Ltd NSE:TCPLPACK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCPL Packaging 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, TCPL Packaging'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)
=23.87/164.2724*164.2724
=23.870

Current CPI (Mar. 2026) = 164.2724.

TCPL Packaging Quarterly Data

per share eps CPI Adj_EPS
201606 8.770 105.961 13.596
201609 11.760 105.961 18.232
201612 11.070 105.196 17.287
201703 5.680 105.196 8.870
201706 3.560 107.109 5.460
201709 6.690 109.021 10.080
201712 8.060 109.404 12.102
201803 4.530 109.786 6.778
201806 5.480 111.317 8.087
201809 12.100 115.142 17.263
201812 8.060 115.142 11.499
201903 6.180 118.202 8.589
201906 5.920 120.880 8.045
201909 9.420 123.175 12.563
201912 11.680 126.235 15.199
202003 13.120 124.705 17.283
202006 0.770 127.000 0.996
202009 11.540 130.118 14.569
202012 10.940 130.889 13.730
202103 13.540 131.771 16.880
202106 6.539 134.084 8.011
202109 11.650 135.847 14.088
202112 15.250 138.161 18.132
202203 18.590 138.822 21.998
202206 24.981 142.347 28.829
202209 43.430 144.661 49.318
202212 26.660 145.763 30.045
202303 26.713 146.865 29.879
202306 111.390 150.280 121.761
202309 31.170 151.492 33.800
202312 20.650 152.924 22.182
202403 31.470 153.035 33.781
202406 34.860 155.789 36.758
202409 39.050 157.882 40.631
202412 41.460 158.323 43.018
202503 41.780 157.552 43.562
202506 24.520 159.755 25.213
202509 31.560 162.289 31.946
202512 27.520 163.281 27.687
202603 23.870 164.272 23.870

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 ₹92.40 mean?
TCPL Packaging (NSE:TCPLPACK) has a E10 of ₹92.40 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TCPL Packaging and its competitors.
Is TCPL Packaging's E10 too high?
TCPL Packaging's current E10 is ₹92.40. Overall, TCPL Packaging has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCPL Packaging's E10 compare to SW and PKG?
TCPL Packaging's E10 of ₹92.40 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good E10 depends on the Packaging & Containers 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 TCPL Packaging and its competitors. TCPL Packaging's current E10 is ₹92.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCPL Packaging stock overvalued right now?
Based on GuruFocus' analysis, TCPL Packaging (NSE:TCPLPACK) is currently considered Fairly Valued. The stock's GF Value™ is ₹3,075.72, compared to a current price of ₹2,997.30 — trading 2.5% below its estimated fair value. The current E10 is ₹92.40. TCPL Packaging's overall GF Score™ is 75/100 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 TCPL Packaging (NSE:TCPLPACK), the current E10 is ₹92.40 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 TCPL Packaging (NSE:TCPLPACK) Overvalued in 2026?

Based on GuruFocus' analysis, TCPL Packaging stock appears to be undervalued. The current stock price of ₹2,997.30 is trading 2.5% below its estimated GF Value™ of ₹3,075.72. GuruFocus considers TCPL Packaging to be Fairly Valued.

Key valuation signals for NSE:TCPLPACK:

  • E10: ₹92.40
  • GF Value™: ₹3,075.72 vs. price of ₹2,997.30 (2.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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


TCPL Packaging Business Description

Other Exchanges 523301:India
Address 414, Senapati Bapat Marg, Empire Mills Complex, Lower Parel (West), Mumbai, MH, IND, 400 013
TCPL Packaging Ltd is engaged in the Printing and Packaging business. The company manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. Geographically, it derives a majority of its revenue from India. It serves FMCG, Food and Beverage, Liquor, Pharmaceuticals, and Other industries. It has one segment of business, which is Printing and Packaging.
75GF Score

Get the complete analysis for NSE:TCPLPACK

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

₹2,997.30
Price
₹3,075.72
GF Value