Dutch Lady Milk Industries Bhd (XKLS:3026) E10: RM2.15 (As of Mar. 2026)


XKLS:3026 Dutch Lady Milk Industries Bhd XKLS:3026
85 GF Score
Price RM32.50
GF Value RM30.97
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Dutch Lady Milk Industries Bhd E10?

Dutch Lady Milk Industries Bhd XKLS:3026 -0.31% 85 E10 is RM2.15 as of Mar. 2026. GuruFocus rates XKLS:3026 with a GF Score™ of 85/100 and a GF Value™ of RM30.97 (Fairly Valued). The stock has 6 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.

Dutch Lady Milk Industries Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.468. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM2.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dutch Lady Milk Industries Bhd's average E10 Growth Rate was -4.40% per year. During the past 3 years, the average E10 Growth Rate was -2.70% per year. During the past 5 years, the average E10 Growth Rate was 0.20% 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 Dutch Lady Milk Industries Bhd was 3.20% per year. The lowest was -2.70% per year. And the median was -1.90% per year.

As of today (2026-06-29), Dutch Lady Milk Industries Bhd's current stock price is RM32.50. Dutch Lady Milk Industries Bhd's E10 for the quarter that ended in Mar. 2026 was RM2.15. Dutch Lady Milk Industries Bhd's Shiller PE Ratio of today is 15.12.

During the past 13 years, the highest Shiller PE Ratio of Dutch Lady Milk Industries Bhd was 21.10. The lowest was 8.88. And the median was 13.76.


Dutch Lady Milk Industries Bhd  (XKLS:3026) 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.

Dutch Lady Milk Industries Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.50/2.15
=15.12

* 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 Dutch Lady Milk Industries Bhd was 21.10. The lowest was 8.88. And the median was 13.76.


Be Aware

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


Dutch Lady Milk Industries Bhd E10 Related Terms


Dutch Lady Milk Industries Bhd E10 Historical Data

* Premium members only.

The historical data trend for Dutch Lady Milk Industries Bhd'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.

Dutch Lady Milk Industries Bhd E10 Chart

Dutch Lady Milk Industries Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.32 2.23 2.22 2.14

Dutch Lady Milk Industries Bhd 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 2.25 2.20 2.16 2.14 2.15

XKLS:3026 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Dutch Lady Milk Industries Bhd'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.


Dutch Lady Milk Industries Bhd Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dutch Lady Milk Industries Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dutch Lady Milk Industries Bhd's Shiller PE Ratio falls into.


XKLS:3026
85GF Score
Dutch Lady Milk Industries Bhd XKLS:3026
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dutch Lady Milk Industries Bhd 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, Dutch Lady Milk Industries Bhd'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)
=0.468/330.2130*330.2130
=0.468

Current CPI (Mar. 2026) = 330.2130.

Dutch Lady Milk Industries Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.574 241.018 0.786
201609 0.635 241.428 0.869
201612 0.591 241.432 0.808
201703 0.499 243.801 0.676
201706 0.504 244.955 0.679
201709 0.509 246.819 0.681
201712 0.327 246.524 0.438
201803 0.535 249.554 0.708
201806 0.480 251.989 0.629
201809 0.535 252.439 0.700
201812 0.474 251.233 0.623
201903 0.530 254.202 0.688
201906 0.269 256.143 0.347
201909 0.394 256.759 0.507
201912 0.417 256.974 0.536
202003 0.355 258.115 0.454
202006 0.332 257.797 0.425
202009 0.144 260.280 0.183
202012 0.315 260.474 0.399
202103 0.264 264.877 0.329
202106 0.426 271.696 0.518
202109 0.318 274.310 0.383
202112 2.867 278.802 3.396
202203 0.321 287.504 0.369
202206 0.336 296.311 0.374
202209 0.381 296.808 0.424
202212 -0.316 296.797 -0.352
202303 0.133 301.836 0.146
202306 0.379 305.109 0.410
202309 0.262 307.789 0.281
202312 0.357 306.746 0.384
202403 0.417 312.332 0.441
202406 0.344 314.175 0.362
202409 0.269 315.301 0.282
202412 0.480 315.605 0.502
202503 0.391 319.799 0.404
202506 0.366 322.561 0.375
202509 0.501 324.800 0.509
202512 0.356 324.054 0.363
202603 0.468 330.213 0.468

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 RM2.15 mean?
Dutch Lady Milk Industries Bhd (XKLS:3026) has a E10 of RM2.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dutch Lady Milk Industries Bhd and its competitors.
Is Dutch Lady Milk Industries Bhd's E10 too high?
Dutch Lady Milk Industries Bhd's current E10 is RM2.15. Overall, Dutch Lady Milk Industries Bhd has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dutch Lady Milk Industries Bhd's E10 compare to KHC and GIS?
Dutch Lady Milk Industries Bhd's E10 of RM2.15 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Dutch Lady Milk Industries Bhd and its competitors. Dutch Lady Milk Industries Bhd's current E10 is RM2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dutch Lady Milk Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dutch Lady Milk Industries Bhd (XKLS:3026) is currently considered Fairly Valued. The stock's GF Value™ is RM30.97, compared to a current price of RM32.50 — trading 4.9% above its estimated fair value. The current E10 is RM2.15. Dutch Lady Milk Industries Bhd's overall GF Score™ is 85/100 with 6 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 Dutch Lady Milk Industries Bhd (XKLS:3026), the current E10 is RM2.15 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 Dutch Lady Milk Industries Bhd (XKLS:3026) Overvalued in 2026?

Based on GuruFocus' analysis, Dutch Lady Milk Industries Bhd stock appears to be overvalued. The current stock price of RM32.50 is trading 4.9% above its estimated GF Value™ of RM30.97. GuruFocus considers Dutch Lady Milk Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:3026:

  • E10: RM2.15
  • GF Value™: RM30.97 vs. price of RM32.50 (4.9% above fair value)
  • GF Score™: 85/100 with 6 warning signs

No single metric tells the full story. See the XKLS:3026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dutch Lady Milk Industries Bhd Business Description

Address 112, Jalan Prof. Khoo Kay Kim, Level 5, Quill 9, Petaling Jaya, SGR, MYS, 46300
Dutch Lady Milk Industries Bhd is a Malaysia-based company that manufactures and distributes a wide range of dairy products, such as specialized powders for infants and growing-up children, liquid milk in different packaging formats, and yogurts. The Company markets these products under various brand names such as Dutch Lady, Dutch Baby, Frisolac, Friso Gold, and Dutch Lady PureFarm.
85GF Score

Get the complete analysis for XKLS:3026

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

RM32.50
Price
RM30.97
GF Value