Veedol (NSE:VEEDOL) E10: ₹92.35 (As of Mar. 2026)


NSE:VEEDOL Veedol Corp Ltd NSE:VEEDOL
90 GF Score
Price ₹1,459.40
GF Value ₹1,784.98
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Veedol E10?

Veedol NSE:VEEDOL +1.71% 90 E10 is ₹92.35 as of Mar. 2026. GuruFocus rates NSE:VEEDOL with a GF Score™ of 90/100 and a GF Value™ of ₹1,784.98 (Modestly Undervalued). The stock has 1 warning sign 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.

Veedol's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹33.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹92.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Veedol's average E10 Growth Rate was 9.90% 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.

As of today (2026-07-03), Veedol's current stock price is ₹1459.40. Veedol's E10 for the quarter that ended in Mar. 2026 was ₹92.35. Veedol's Shiller PE Ratio of today is 15.80.

During the past 13 years, the highest Shiller PE Ratio of Veedol was 32.93. The lowest was 14.12. And the median was 19.75.


Veedol  (NSE:VEEDOL) 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.

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

Shiller PE Ratio=Share Price/E10
=1459.40/92.35
=15.80

* 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 Veedol was 32.93. The lowest was 14.12. And the median was 19.75.


Be Aware

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


Veedol E10 Related Terms


Veedol E10 Historical Data

* Premium members only.

The historical data trend for Veedol'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.

Veedol E10 Chart

Veedol 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 79.32 83.65 92.35

Veedol 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 83.65 85.64 87.62 89.67 92.35

NSE:VEEDOL vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Veedol'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.


Veedol Shiller PE Ratio vs Chemicals Industry

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

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


NSE:VEEDOL
90GF Score
Veedol Corp Ltd NSE:VEEDOL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veedol 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, Veedol'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)
=33.81/164.2724*164.2724
=33.810

Current CPI (Mar. 2026) = 164.2724.

Veedol Quarterly Data

per share eps CPI Adj_EPS
201303 11.318 85.687 21.698
201306 10.746 88.365 19.977
201312 10.078 91.425 18.108
201403 8.165 91.425 14.671
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 15.722 111.317 23.201
201809 11.680 115.142 16.664
201812 13.410 115.142 19.132
201903 16.246 118.202 22.578
201906 15.776 120.880 21.439
201909 17.058 123.175 22.749
201912 25.338 126.235 32.973
202003 13.652 124.705 17.984
202006 10.240 127.000 13.245
202009 23.280 130.118 29.391
202012 28.060 130.889 35.217
202103 21.570 131.771 26.890
202106 13.470 134.084 16.503
202109 18.830 135.847 22.770
202112 17.790 138.161 21.152
202203 22.230 138.822 26.305
202206 19.840 142.347 22.896
202209 12.020 144.661 13.650
202212 15.270 145.763 17.209
202303 20.290 146.865 22.695
202306 18.360 150.280 20.069
202309 20.740 151.492 22.490
202312 19.770 152.924 21.237
202403 25.250 153.035 27.104
202406 21.840 155.789 23.029
202409 20.360 157.882 21.184
202412 21.970 158.323 22.796
202503 35.120 157.552 36.618
202506 29.230 159.755 30.057
202509 24.090 162.289 24.384
202512 25.630 163.281 25.786
202603 33.810 164.272 33.810

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 ₹92.35 mean?
Veedol (NSE:VEEDOL) has a E10 of ₹92.35 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Veedol and its competitors.
Is Veedol's E10 too high?
Veedol's current E10 is ₹92.35. Overall, Veedol has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veedol's E10 compare to LIN and SHW?
Veedol's E10 of ₹92.35 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Veedol and its competitors. Veedol's current E10 is ₹92.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veedol stock overvalued right now?
Based on GuruFocus' analysis, Veedol (NSE:VEEDOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,784.98, compared to a current price of ₹1,459.40 — trading 18.2% below its estimated fair value. The current E10 is ₹92.35. Veedol's overall GF Score™ is 90/100 with 1 warning sign 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 Veedol (NSE:VEEDOL), the current E10 is ₹92.35 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 Veedol (NSE:VEEDOL) Overvalued in 2026?

Based on GuruFocus' analysis, Veedol stock appears to be undervalued. The current stock price of ₹1,459.40 is trading 18.2% below its estimated GF Value™ of ₹1,784.98. GuruFocus considers Veedol to be Modestly Undervalued.

Key valuation signals for NSE:VEEDOL:

  • E10: ₹92.35
  • GF Value™: ₹1,784.98 vs. price of ₹1,459.40 (18.2% below fair value)
  • GF Score™: 90/100 with 1 warning sign

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


Veedol Business Description

Other Exchanges 590005:India
Address 8, Dr. Rajendra Prasad Sarani, Yule House, Kolkata, WB, IND, 700001
Veedol Corp Ltd is a manufacturer and marketer of quality lubricants around the globe. The products offered by the company include high-performance engine oils for passenger cars, two/three-wheelers, heavy commercial vehicles, off-highway vehicles, buses, and tractors. It also offers gear oils, transmission oils, coolants, brake oil, and greases for all automotive applications, as well as a wide range of industrial and specialty lubricants catering to diverse industry applications.
90GF Score

Get the complete analysis for NSE:VEEDOL

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

₹1,459.40
Price
₹1,784.98
GF Value