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HLE GlascoatNSE:HLEGLAS +0.41%88 Shiller PE Ratio is 42.40 as of Sep. 01, 2026, which is 3% below its 10-year median of 43.93. GuruFocus rates NSE:HLEGLAS with a GF Score™ of 88/100 and a GF Value™ of ₹589.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,809 Industrial Products companies, HLE Glascoat ranks worse than 66% on this metric.
As of today (2026-09-01), HLE Glascoat's current share price is ₹314.60. HLE Glascoat's E10 for the quarter that ended in Jun. 2026 was ₹7.42. HLE Glascoat's Shiller PE Ratio for today is 42.40.
The historical rank and industry rank for HLE Glascoat's Shiller PE Ratio or its related term are showing as below:
NSE:HLEGLAS'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.1 Med: 43.93 Max: 142.74
Current: 42.22
During the past years, HLE Glascoat's highest Shiller PE Ratio was 142.74. The lowest was 16.10. And the median was 43.93.
NSE:HLEGLAS's Shiller PE Ratio is ranked worse than 66% of 1809
companies
in the Industrial Products industry
Industry Median: 29.07
vs NSE:HLEGLAS: 42.22
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.
HLE Glascoat's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹0.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹7.42 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
HLE Glascoat (NSE:HLEGLAS) 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.
HLE Glascoat Shiller PE Ratio Related Terms
HLE Glascoat Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for HLE Glascoat'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:HLEGLAS vs GEV, ETN, PH: Shiller PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, HLE Glascoat'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.
HLE Glascoat Shiller PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HLE Glascoat's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where HLE Glascoat'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.
HLE Glascoat's Shiller PE Ratio for today is calculated as
* 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.
HLE Glascoat's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, HLE Glascoat'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.
HLE Glascoat (NSE:HLEGLAS) has a Shiller PE Ratio of 42.40 as of Sep. 01, 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 HLE Glascoat and its competitors. This is near median its historical median of 43.93. Over the past decade, HLE Glascoat's Shiller PE Ratio has ranged from 16.10 to 142.74. According to the industry distribution chart, HLE Glascoat ranks #1194 out of 1809 companies in the Industrial Products industry, placing it in the top 66%.
Is HLE Glascoat's Shiller PE Ratio too high?
HLE Glascoat's current Shiller PE Ratio of 42.40 is near median its 10-year median of 43.93. Over the past 10 years, this metric has ranged from a low of 16.10 to a high of 142.74. The Industrial Products industry median Shiller PE Ratio is 29.07. HLE Glascoat's value of 42.40 is 45.9% above this industry median. Based on the distribution chart, HLE Glascoat ranks #1194 out of 1809 companies in the Industrial Products industry, which is below the industry midpoint. Overall, HLE Glascoat has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HLE Glascoat's Shiller PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, HLE Glascoat ranks #1194 out of 1809 companies for Shiller PE Ratio. This places HLE Glascoat in the lower half of its industry. The industry median Shiller PE Ratio is 29.07. HLE Glascoat's value of 42.40 is 45.9% above this benchmark. Historically, HLE Glascoat's own Shiller PE Ratio has ranged from 16.10 to 142.74 over the past decade. While the company's 10-year median is 43.93 vs. the industry median of 29.07, HLE Glascoat 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 an Industrial Products company?
The median Shiller PE Ratio among Industrial Products companies is 29.07, based on 1,809 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. HLE Glascoat's current Shiller PE Ratio of 42.40 is 45.9% 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 HLE Glascoat and its competitors. For the Industrial Products industry, the median Shiller PE Ratio is 29.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HLE Glascoat's current Shiller PE Ratio is 42.40, which is near median its own 10-year median of 43.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HLE Glascoat stock overvalued right now?
Based on GuruFocus' analysis, HLE Glascoat (NSE:HLEGLAS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹589.94, compared to a current price of ₹314.60 — trading 46.7% below its estimated fair value. The current Shiller PE Ratio is 42.40, which is near median its 10-year median of 43.93 and 45.9% above the Industrial Products industry median of 29.07. HLE Glascoat's overall GF Score™ is 88/100 with 3 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 HLE Glascoat (NSE:HLEGLAS), the current Shiller PE Ratio is 42.40 as of Sep. 01, 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 HLE Glascoat (NSE:HLEGLAS) Overvalued in 2026?
Based on GuruFocus' analysis, HLE Glascoat stock appears to be undervalued.
The current stock price of ₹314.60 is trading 46.7% below its estimated GF Value™ of ₹589.94.
GuruFocus considers HLE Glascoat to be Significantly Undervalued.
Key valuation signals for NSE:HLEGLAS:
Shiller PE Ratio: 42.40 (near median its 10-year median of 43.93)
GF Value™: ₹589.94 vs. price of ₹314.60 (46.7% below fair value)
Industry Position: 45.9% above the Industrial Products median (#1194 of 1809)
No single metric tells the full story. See the NSE:HLEGLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HLE Glascoat Ltd is a process equipment manufacturer and a solution provider to the chemical and pharmaceutical industries. The company mainly manufactures filtration, glass-lined, and drying equipment. Its product portfolio comprises reactors, receivers, storage tanks, columns, agitators, agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment, and related spares and accessories. The company's operating segments are: Filtration, drying and other equipment; Glass-lined equipment; and Heat transfer equipment. Maximum revenue is generated from its glass-lined equipment business. Geographically, the company generates maximum revenue from its business in India, and also exports its products to other markets.
88GF Score
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