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VST IndustriesNSE:VSTIND -0.26%81 Shiller PE Ratio is 10.31 as of Sep. 16, 2026, which is 45% below its 10-year median of 18.70. GuruFocus rates NSE:VSTIND with a GF Score™ of 81/100 and a GF Value™ of ₹323.22 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 26 Tobacco Products companies, VST Industries ranks better than 73.08% on this metric.
As of today (2026-09-16), VST Industries's current share price is ₹203.40. VST Industries's E10 for the quarter that ended in Jun. 2026 was ₹19.74. VST Industries's Shiller PE Ratio for today is 10.31.
The historical rank and industry rank for VST Industries's Shiller PE Ratio or its related term are showing as below:
NSE:VSTIND'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.36 Med: 18.7 Max: 26.98
Current: 10.36
During the past years, VST Industries's highest Shiller PE Ratio was 26.98. The lowest was 10.36. And the median was 18.70.
NSE:VSTIND's Shiller PE Ratio is ranked better than 73.08% of 26
companies
in the Tobacco Products industry
Industry Median: 14.005
vs NSE:VSTIND: 10.36
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.
VST Industries's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹2.497. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹19.74 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
VST Industries (NSE:VSTIND) 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.
VST Industries Shiller PE Ratio Related Terms
VST Industries Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for VST 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:VSTIND vs PM, MO, TPB: Shiller PE Ratio Comparison
For the Tobacco subindustry, VST 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.
VST Industries Shiller PE Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, VST Industries's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where VST 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.
VST Industries'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.
VST Industries's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, VST 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.
VST Industries (NSE:VSTIND) has a Shiller PE Ratio of 10.31 as of Sep. 16, 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 VST Industries and its competitors. This is 45% below median its historical median of 18.70. Over the past decade, VST Industries' Shiller PE Ratio has ranged from 10.36 to 26.98. According to the industry distribution chart, VST Industries ranks #7 out of 26 companies in the Tobacco Products industry, placing it in the top 26.9%.
Is VST Industries' Shiller PE Ratio too high?
VST Industries' current Shiller PE Ratio of 10.31 is 45% below median its 10-year median of 18.70. Over the past 10 years, this metric has ranged from a low of 10.36 to a high of 26.98. The Tobacco Products industry median Shiller PE Ratio is 14.01. VST Industries' value of 10.31 is 26.4% below this industry median. Based on the distribution chart, VST Industries ranks #7 out of 26 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, VST Industries has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VST Industries' Shiller PE Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, VST Industries ranks #7 out of 26 companies for Shiller PE Ratio. This puts VST Industries in the upper half of its industry. The industry median Shiller PE Ratio is 14.01. VST Industries' value of 10.31 is 26.4% below this benchmark. Historically, VST Industries' own Shiller PE Ratio has ranged from 10.36 to 26.98 over the past decade. While the company's 10-year median is 18.70 vs. the industry median of 14.01, VST Industries has consistently been below 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 Tobacco Products company?
The median Shiller PE Ratio among Tobacco Products companies is 14.01, based on 26 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. VST Industries's current Shiller PE Ratio of 10.31 is 26.4% below 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 VST Industries and its competitors. For the Tobacco Products industry, the median Shiller PE Ratio is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VST Industries's current Shiller PE Ratio is 10.31, which is 45% below median its own 10-year median of 18.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VST Industries stock overvalued right now?
Based on GuruFocus' analysis, VST Industries (NSE:VSTIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹323.22, compared to a current price of ₹203.40 — trading 37.1% below its estimated fair value. The current Shiller PE Ratio is 10.31, which is 45% below median its 10-year median of 18.70 and 26.4% below the Tobacco Products industry median of 14.01. VST Industries' overall GF Score™ is 81/100 with 4 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 VST Industries (NSE:VSTIND), the current Shiller PE Ratio is 10.31 as of Sep. 16, 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 VST Industries (NSE:VSTIND) Overvalued in 2026?
Based on GuruFocus' analysis, VST Industries stock appears to be undervalued.
The current stock price of ₹203.40 is trading 37.1% below its estimated GF Value™ of ₹323.22.
GuruFocus considers VST Industries to be Significantly Undervalued.
Key valuation signals for NSE:VSTIND:
Shiller PE Ratio: 10.31 (45% below median its 10-year median of 18.70)
GF Value™: ₹323.22 vs. price of ₹203.40 (37.1% below fair value)
Industry Position: 26.4% below the Tobacco Products median (#7 of 26)
No single metric tells the full story. See the NSE:VSTIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.
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