VRL Logistics (NSE:VRLLOG) E10: ₹9.21 (As of Mar. 2026)


NSE:VRLLOG VRL Logistics Ltd NSE:VRLLOG
84 GF Score
Price ₹239.58
GF Value ₹301.82
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is VRL Logistics E10?

VRL Logistics NSE:VRLLOG +2.75% 84 E10 is ₹9.21 as of Mar. 2026. GuruFocus rates NSE:VRLLOG with a GF Score™ of 84/100 and a GF Value™ of ₹301.82 (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.

VRL Logistics's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹4.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, VRL Logistics's average E10 Growth Rate was 9.40% per year. During the past 3 years, the average E10 Growth Rate was 4.90% 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 VRL Logistics was 4.90% per year. The lowest was 4.90% per year. And the median was 4.90% per year.

As of today (2026-06-26), VRL Logistics's current stock price is ₹239.58. VRL Logistics's E10 for the quarter that ended in Mar. 2026 was ₹9.21. VRL Logistics's Shiller PE Ratio of today is 26.01.

During the past 13 years, the highest Shiller PE Ratio of VRL Logistics was 48.13. The lowest was 24.96. And the median was 34.00.


VRL Logistics  (NSE:VRLLOG) 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.

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

Shiller PE Ratio=Share Price/E10
=239.58/9.21
=26.01

* 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 VRL Logistics was 48.13. The lowest was 24.96. And the median was 34.00.


Be Aware

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


VRL Logistics E10 Related Terms


VRL Logistics E10 Historical Data

* Premium members only.

The historical data trend for VRL Logistics'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.

VRL Logistics E10 Chart

VRL Logistics 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 7.99 8.01 8.42 9.21

VRL Logistics 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 8.42 8.49 8.65 8.85 9.21

NSE:VRLLOG vs ODFL, XPO, SAIA: E10 Comparison

For the Trucking subindustry, VRL Logistics'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.


VRL Logistics Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, VRL Logistics's Shiller PE Ratio distribution charts can be found below:

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


NSE:VRLLOG
84GF Score
VRL Logistics Ltd NSE:VRLLOG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VRL Logistics 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, VRL Logistics'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)
=4.12/164.2724*164.2724
=4.120

Current CPI (Mar. 2026) = 164.2724.

VRL Logistics Quarterly Data

per share eps CPI Adj_EPS
201606 1.450 105.961 2.248
201609 0.760 105.961 1.178
201612 1.190 105.196 1.858
201703 0.460 105.196 0.718
201706 1.850 107.109 2.837
201709 1.180 109.021 1.778
201712 1.385 109.404 2.080
201803 0.670 109.786 1.003
201806 1.340 111.317 1.977
201809 1.140 115.142 1.626
201812 1.470 115.142 2.097
201903 1.135 118.202 1.577
201906 1.520 120.880 2.066
201909 1.920 123.175 2.561
201912 1.430 126.235 1.861
202003 0.115 124.705 0.151
202006 -3.470 127.000 -4.488
202009 1.710 130.118 2.159
202012 2.200 130.889 2.761
202103 2.060 131.771 2.568
202106 -0.340 134.084 -0.417
202109 2.800 135.847 3.386
202112 3.425 138.161 4.072
202203 3.180 138.822 3.763
202206 2.795 142.347 3.225
202209 1.780 144.661 2.021
202212 2.785 145.763 3.139
202303 10.930 146.865 12.226
202306 1.940 150.280 2.121
202309 1.125 151.492 1.220
202312 0.780 152.924 0.838
202403 1.230 153.035 1.320
202406 0.770 155.789 0.812
202409 2.050 157.882 2.133
202412 3.400 158.323 3.528
202503 4.250 157.552 4.431
202506 2.860 159.755 2.941
202509 2.850 162.289 2.885
202512 3.700 163.281 3.722
202603 4.120 164.272 4.120

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 ₹9.21 mean?
VRL Logistics (NSE:VRLLOG) has a E10 of ₹9.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on VRL Logistics and its competitors.
Is VRL Logistics' E10 too high?
VRL Logistics' current E10 is ₹9.21. Overall, VRL Logistics has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VRL Logistics' E10 compare to ODFL and XPO?
VRL Logistics' E10 of ₹9.21 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 VRL Logistics and its competitors. VRL Logistics's current E10 is ₹9.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VRL Logistics stock overvalued right now?
Based on GuruFocus' analysis, VRL Logistics (NSE:VRLLOG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹301.82, compared to a current price of ₹239.58 — trading 20.6% below its estimated fair value. The current E10 is ₹9.21. VRL Logistics' overall GF Score™ is 84/100 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 VRL Logistics (NSE:VRLLOG), the current E10 is ₹9.21 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 VRL Logistics (NSE:VRLLOG) Overvalued in 2026?

Based on GuruFocus' analysis, VRL Logistics stock appears to be undervalued. The current stock price of ₹239.58 is trading 20.6% below its estimated GF Value™ of ₹301.82. GuruFocus considers VRL Logistics to be Modestly Undervalued.

Key valuation signals for NSE:VRLLOG:

  • E10: ₹9.21
  • GF Value™: ₹301.82 vs. price of ₹239.58 (20.6% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


VRL Logistics Business Description

Other Exchanges 539118:India
Address Circuit House Road, Giriraj Annexe, Hubballi, KA, IND, 580029
VRL Logistics Ltd is engaged in the business of logistics services. The company is engaged in the Goods Transport Business segment. The company offers services for the transportation of goods across India using a range of road transportation solutions to its customers, including less than full truck load and full truck load. The company provides courier services for the transportation of small parcels and documents using a range of multi-modal solutions.
84GF Score

Get the complete analysis for NSE:VRLLOG

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

₹239.58
Price
₹301.82
GF Value