Universal Cables (NSE:UNIVCABLES) E10: ₹32.38 (As of Mar. 2026)


NSE:UNIVCABLES Universal Cables Ltd NSE:UNIVCABLES
83 GF Score
Price ₹1,110.00
GF Value ₹843.58
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Universal Cables E10?

Universal Cables NSE:UNIVCABLES -2.73% 83 E10 is ₹32.38 as of Mar. 2026. GuruFocus rates NSE:UNIVCABLES with a GF Score™ of 83/100 and a GF Value™ of ₹843.58 (Significantly Overvalued). The stock has 7 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.

Universal Cables's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹15.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹32.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Universal Cables's average E10 Growth Rate was 35.80% per year. During the past 3 years, the average E10 Growth Rate was 34.20% 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 Universal Cables was 34.20% per year. The lowest was 32.00% per year. And the median was 33.10% per year.

As of today (2026-07-08), Universal Cables's current stock price is ₹1110.00. Universal Cables's E10 for the quarter that ended in Mar. 2026 was ₹32.38. Universal Cables's Shiller PE Ratio of today is 34.28.

During the past 13 years, the highest Shiller PE Ratio of Universal Cables was 46.78. The lowest was 12.72. And the median was 27.85.


Universal Cables  (NSE:UNIVCABLES) 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.

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

Shiller PE Ratio=Share Price/E10
=1110.00/32.38
=34.28

* 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 Universal Cables was 46.78. The lowest was 12.72. And the median was 27.85.


Be Aware

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


Universal Cables E10 Related Terms


Universal Cables E10 Historical Data

* Premium members only.

The historical data trend for Universal Cables'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.

Universal Cables E10 Chart

Universal Cables 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 10.33 13.31 17.54 23.82 32.38

Universal Cables 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 23.82 24.85 27.85 30.31 32.38

NSE:UNIVCABLES vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Universal Cables'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.


Universal Cables Shiller PE Ratio vs Industrial Products Industry

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

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


NSE:UNIVCABLES
83GF Score
Universal Cables Ltd NSE:UNIVCABLES
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Cables 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, Universal Cables'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)
=15.94/164.2724*164.2724
=15.940

Current CPI (Mar. 2026) = 164.2724.

Universal Cables Quarterly Data

per share eps CPI Adj_EPS
201506 -1.630 99.841 -2.682
201509 2.110 101.753 3.406
201512 2.010 102.901 3.209
201603 4.000 102.518 6.409
201606 2.270 105.961 3.519
201609 3.110 105.961 4.821
201612 1.240 105.196 1.936
201703 13.700 105.196 21.394
201803 0.000 109.786 0.000
201809 6.420 115.142 9.159
201812 10.800 115.142 15.408
201903 11.950 118.202 16.608
201906 9.620 120.880 13.073
201909 8.270 123.175 11.029
201912 8.210 126.235 10.684
202003 -0.140 124.705 -0.184
202006 0.080 127.000 0.103
202009 3.890 130.118 4.911
202012 5.760 130.889 7.229
202103 9.650 131.771 12.030
202106 6.290 134.084 7.706
202109 2.390 135.847 2.890
202112 3.940 138.161 4.685
202203 8.980 138.822 10.626
202206 7.720 142.347 8.909
202209 7.460 144.661 8.471
202212 7.040 145.763 7.934
202303 11.830 146.865 13.232
202306 6.930 150.280 7.575
202309 3.360 151.492 3.643
202312 6.900 152.924 7.412
202403 14.000 153.035 15.028
202406 1.610 155.789 1.698
202409 5.270 157.882 5.483
202412 4.560 158.323 4.731
202503 14.320 157.552 14.931
202506 9.490 159.755 9.758
202509 13.740 162.289 13.908
202512 7.840 163.281 7.888
202603 15.940 164.272 15.940

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 ₹32.38 mean?
Universal Cables (NSE:UNIVCABLES) has a E10 of ₹32.38 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Universal Cables and its competitors.
Is Universal Cables' E10 too high?
Universal Cables' current E10 is ₹32.38. Overall, Universal Cables has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Universal Cables' E10 compare to VRT and BE?
Universal Cables' E10 of ₹32.38 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 Universal Cables and its competitors. Universal Cables's current E10 is ₹32.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Cables stock overvalued right now?
Based on GuruFocus' analysis, Universal Cables (NSE:UNIVCABLES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹843.58, compared to a current price of ₹1,110.00 — trading 31.6% above its estimated fair value. The current E10 is ₹32.38. Universal Cables' overall GF Score™ is 83/100 with 7 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 Universal Cables (NSE:UNIVCABLES), the current E10 is ₹32.38 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 Universal Cables (NSE:UNIVCABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Cables stock appears to be overvalued. The current stock price of ₹1,110.00 is trading 31.6% above its estimated GF Value™ of ₹843.58. GuruFocus considers Universal Cables to be Significantly Overvalued.

Key valuation signals for NSE:UNIVCABLES:

  • E10: ₹32.38
  • GF Value™: ₹843.58 vs. price of ₹1,110.00 (31.6% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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


Universal Cables Business Description

Other Exchanges 504212:India
Address P.O. Birla Vikas, Satna, MP, IND, 485005
Universal Cables Ltd is an Indian based firm. The company is mainly engaged in manufacturing, and sales of electrical and other cables, capacitors, conductors, and related products. Its product portfolio comprises of extra-high voltage, medium-low voltage power and control cables, and low-high tension capacitors. The company is organized into one segment that is Electrical and other Cables, Capacitors, Wires, and Conductors.
83GF Score

Get the complete analysis for NSE:UNIVCABLES

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

₹1,110.00
Price
₹843.58
GF Value