Vaswani Industries (NSE:VASWANI) E10: ₹1.82 (As of Mar. 2026)


NSE:VASWANI Vaswani Industries Ltd NSE:VASWANI
72 GF Score
Price ₹53.50
GF Value ₹48.68
Valuation Fairly Valued
! 7 Warning Signs
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What is Vaswani Industries E10?

Vaswani Industries NSE:VASWANI -3.69% 72 E10 is ₹1.82 as of Mar. 2026. GuruFocus rates NSE:VASWANI with a GF Score™ of 72/100 and a GF Value™ of ₹48.68 (Fairly Valued). 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.

Vaswani Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vaswani Industries's average E10 Growth Rate was 9.00% per year. During the past 3 years, the average E10 Growth Rate was 24.90% 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 Vaswani Industries was 24.90% per year. The lowest was 24.90% per year. And the median was 24.90% per year.

As of today (2026-06-29), Vaswani Industries's current stock price is ₹53.50. Vaswani Industries's E10 for the quarter that ended in Mar. 2026 was ₹1.82. Vaswani Industries's Shiller PE Ratio of today is 29.40.

During the past 13 years, the highest Shiller PE Ratio of Vaswani Industries was 606.25. The lowest was 15.74. And the median was 29.64.


Vaswani Industries  (NSE:VASWANI) 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.

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

Shiller PE Ratio=Share Price/E10
=53.50/1.82
=29.40

* 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 Vaswani Industries was 606.25. The lowest was 15.74. And the median was 29.64.


Be Aware

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


Vaswani Industries E10 Related Terms


Vaswani Industries E10 Historical Data

* Premium members only.

The historical data trend for Vaswani 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.

Vaswani Industries E10 Chart

Vaswani Industries 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 -0.06 0.93 1.42 1.67 1.82

Vaswani Industries 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 1.67 1.83 1.89 1.64 1.82

NSE:VASWANI vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Vaswani 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.


Vaswani Industries Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Vaswani Industries's Shiller PE Ratio distribution charts can be found below:

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


NSE:VASWANI
72GF Score
Vaswani Industries Ltd NSE:VASWANI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Vaswani 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, Vaswani Industries'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)
=1.67/164.2724*164.2724
=1.670

Current CPI (Mar. 2026) = 164.2724.

Vaswani Industries Quarterly Data

per share eps CPI Adj_EPS
201606 0.176 105.961 0.273
201609 0.071 105.961 0.110
201612 0.038 105.196 0.059
201703 0.318 105.196 0.497
201706 0.280 107.109 0.429
201709 0.097 109.021 0.146
201712 0.290 109.404 0.435
201803 0.866 109.786 1.296
201806 0.300 111.317 0.443
201809 1.080 115.142 1.541
201812 0.230 115.142 0.328
201903 -1.210 118.202 -1.682
201906 -0.490 120.880 -0.666
201909 -1.740 123.175 -2.321
201912 0.460 126.235 0.599
202003 2.500 124.705 3.293
202006 -0.050 127.000 -0.065
202009 0.190 130.118 0.240
202012 0.620 130.889 0.778
202103 0.560 131.771 0.698
202106 0.480 134.084 0.588
202109 0.120 135.847 0.145
202112 -0.250 138.161 -0.297
202203 1.120 138.822 1.325
202206 0.660 142.347 0.762
202209 0.600 144.661 0.681
202212 0.360 145.763 0.406
202303 0.380 146.865 0.425
202306 0.920 150.280 1.006
202309 0.280 151.492 0.304
202312 0.770 152.924 0.827
202403 1.030 153.035 1.106
202406 0.840 155.789 0.886
202409 0.780 157.882 0.812
202412 0.580 158.323 0.602
202503 0.650 157.552 0.678
202506 1.750 159.755 1.799
202509 0.420 162.289 0.425
202512 -2.480 163.281 -2.495
202603 1.670 164.272 1.670

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 ₹1.82 mean?
Vaswani Industries (NSE:VASWANI) has a E10 of ₹1.82 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vaswani Industries and its competitors.
Is Vaswani Industries' E10 too high?
Vaswani Industries' current E10 is ₹1.82. Overall, Vaswani Industries has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vaswani Industries' E10 compare to NUE and STLD?
Vaswani Industries' E10 of ₹1.82 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Vaswani Industries and its competitors. Vaswani Industries's current E10 is ₹1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vaswani Industries stock overvalued right now?
Based on GuruFocus' analysis, Vaswani Industries (NSE:VASWANI) is currently considered Fairly Valued. The stock's GF Value™ is ₹48.68, compared to a current price of ₹53.50 — trading 9.9% above its estimated fair value. The current E10 is ₹1.82. Vaswani Industries' overall GF Score™ is 72/100 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 Vaswani Industries (NSE:VASWANI), the current E10 is ₹1.82 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 Vaswani Industries (NSE:VASWANI) Overvalued in 2026?

Based on GuruFocus' analysis, Vaswani Industries stock appears to be overvalued. The current stock price of ₹53.50 is trading 9.9% above its estimated GF Value™ of ₹48.68. GuruFocus considers Vaswani Industries to be Fairly Valued.

Key valuation signals for NSE:VASWANI:

  • E10: ₹1.82
  • GF Value™: ₹48.68 vs. price of ₹53.50 (9.9% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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


Vaswani Industries Business Description

Other Exchanges 533576:India
Address Bahesar Road, Near cycle Park, Village Sondra, Phase II, Industrial Area, Siltara, Raipur, CT, IND, 493 221
Vaswani Industries Ltd is engaged in the business of manufacturing and trading of Sponge Iron, Steel Billets, HB Wires, Iron Ore Pellets and generation of Power. Its business segments are Iron and steel; Power; Real estate and Agri division, of which key revenue is derived from the Iron and Steel segment. The company sells its products within India.
72GF Score

Get the complete analysis for NSE:VASWANI

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

₹53.50
Price
₹48.68
GF Value