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Exide IndustriesNSE:EXIDEIND +1.54%89 Shiller PE Ratio is 24.41 as of Sep. 17, 2026, which is 15% above its 10-year median of 21.19. GuruFocus rates NSE:EXIDEIND with a GF Score™ of 89/100 and a GF Value™ of ₹415.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 857 Vehicles & Parts companies, Exide Industries ranks worse than 59.74% on this metric.
As of today (2026-09-17), Exide Industries's current share price is ₹415.50. Exide Industries's E10 for the quarter that ended in Jun. 2026 was ₹17.03. Exide Industries's Shiller PE Ratio for today is 24.41.
The historical rank and industry rank for Exide Industries's Shiller PE Ratio or its related term are showing as below:
NSE:EXIDEIND'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.68 Med: 21.19 Max: 28.28
Current: 23
During the past years, Exide Industries's highest Shiller PE Ratio was 28.28. The lowest was 16.68. And the median was 21.19.
NSE:EXIDEIND's Shiller PE Ratio is ranked worse than 59.74% of 857
companies
in the Vehicles & Parts industry
Industry Median: 18.71
vs NSE:EXIDEIND: 23.00
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Exide Industries's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹4.123. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹17.03 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Exide Industries (NSE:EXIDEIND) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Exide Industries Shiller PE Ratio Related Terms
Exide Industries Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Exide Industries's Shiller PE Ratio 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.
NSE:EXIDEIND vs ORLY, AZO, GPC: Shiller PE Ratio Comparison
For the Auto Parts subindustry, Exide 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.
Exide Industries Shiller PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Exide Industries's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Exide Industries's Shiller PE Ratio falls into.
For Shiller PE Ratio, 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 PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Exide Industries's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Exide Industries's adjusted earnings per share data for the three months ended in Jun. 2026 was:
Add all the adjusted EPS together and divide 10 will get our 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.
Exide Industries (NSE:EXIDEIND) has a Shiller PE Ratio of 24.41 as of Sep. 17, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Exide Industries and its competitors. This is 15% above median its historical median of 21.19. Over the past decade, Exide Industries' Shiller PE Ratio has ranged from 16.68 to 28.28. According to the industry distribution chart, Exide Industries ranks #512 out of 857 companies in the Vehicles & Parts industry, placing it in the top 59.7%.
Is Exide Industries' Shiller PE Ratio too high?
Exide Industries' current Shiller PE Ratio of 24.41 is 15% above median its 10-year median of 21.19. Over the past 10 years, this metric has ranged from a low of 16.68 to a high of 28.28. The Vehicles & Parts industry median Shiller PE Ratio is 18.71. Exide Industries' value of 24.41 is 30.5% above this industry median. Based on the distribution chart, Exide Industries ranks #512 out of 857 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Exide Industries has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Exide Industries' Shiller PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Exide Industries ranks #512 out of 857 companies for Shiller PE Ratio. This places Exide Industries in the lower half of its industry. The industry median Shiller PE Ratio is 18.71. Exide Industries' value of 24.41 is 30.5% above this benchmark. Historically, Exide Industries' own Shiller PE Ratio has ranged from 16.68 to 28.28 over the past decade. While the company's 10-year median is 21.19 vs. the industry median of 18.71, Exide Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Vehicles & Parts company?
The median Shiller PE Ratio among Vehicles & Parts companies is 18.71, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Exide Industries's current Shiller PE Ratio of 24.41 is 30.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Exide Industries and its competitors. For the Vehicles & Parts industry, the median Shiller PE Ratio is 18.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exide Industries's current Shiller PE Ratio is 24.41, which is 15% above median its own 10-year median of 21.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exide Industries stock overvalued right now?
Based on GuruFocus' analysis, Exide Industries (NSE:EXIDEIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹415.22, compared to a current price of ₹415.50 — trading 0.1% above its estimated fair value. The current Shiller PE Ratio is 24.41, which is 15% above median its 10-year median of 21.19 and 30.5% above the Vehicles & Parts industry median of 18.71. Exide Industries' overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Exide Industries (NSE:EXIDEIND), the current Shiller PE Ratio is 24.41 as of Sep. 17, 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 Exide Industries (NSE:EXIDEIND) Overvalued in 2026?
Based on GuruFocus' analysis, Exide Industries stock appears to be overvalued.
The current stock price of ₹415.50 is trading 0.1% above its estimated GF Value™ of ₹415.22.
GuruFocus considers Exide Industries to be Fairly Valued.
Key valuation signals for NSE:EXIDEIND:
Shiller PE Ratio: 24.41 (15% above median its 10-year median of 21.19)
GF Value™: ₹415.22 vs. price of ₹415.50 (0.1% above fair value)
Industry Position: 30.5% above the Vehicles & Parts median (#512 of 857)
No single metric tells the full story. See the NSE:EXIDEIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exide Industries Ltd is mainly engaged in the manufacturing of Storage Batteries and allied products in India. The company's products are Four Wheeler Batteries, Three Wheeler Batteries, Two Wheeler Batteries, E-Rickshaw Batteries, INVERTER SYSTEMS, Inverter Batteries, Institutional UPS Batteries, GENSET BATTERIES, Exide's Solar Portfolio, INFRASTRUCTURE BATTERIES, Battery Energy Storage Solution, SUBMARINE BATTERIES, etc. The Company has identified two operating segments viz, Automotive and Industrial. The two operating segments have been aggregated as single operating segment of storage batteries and allied products. The The Company mainly operates in India and also generates majority of revenue from India followed by Overseas.
89GF Score
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