NIIT (BOM:500304) E10: ₹18.17 (As of Mar. 2026)


BOM:500304 NIIT Ltd BOM:500304
65 GF Score
Price ₹100.30
GF Value ₹143.38
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is NIIT E10?

NIIT BOM:500304 -6.61% 65 E10 is ₹18.17 as of Mar. 2026. GuruFocus rates BOM:500304 with a GF Score™ of 65/100 and a GF Value™ of ₹143.38 (Possible Value Trap). The stock has 5 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.

NIIT's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹18.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NIIT's average E10 Growth Rate was -7.10% 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.

As of today (2026-07-08), NIIT's current stock price is ₹100.30. NIIT's E10 for the quarter that ended in Mar. 2026 was ₹18.17. NIIT's Shiller PE Ratio of today is 5.52.

During the past 13 years, the highest Shiller PE Ratio of NIIT was 10.80. The lowest was 2.91. And the median was 5.61.


NIIT  (BOM:500304) 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.

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

Shiller PE Ratio=Share Price/E10
=100.30/18.17
=5.52

* 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 NIIT was 10.80. The lowest was 2.91. And the median was 5.61.


Be Aware

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


NIIT E10 Related Terms


NIIT E10 Historical Data

* Premium members only.

The historical data trend for NIIT'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.

NIIT E10 Chart

NIIT 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 0.00 21.25 19.56 18.17

NIIT 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 19.56 19.27 19.01 18.61 18.17

BOM:500304 vs EDU, TAL, LAUR: E10 Comparison

For the Education & Training Services subindustry, NIIT'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.


NIIT Shiller PE Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, NIIT's Shiller PE Ratio distribution charts can be found below:

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


BOM:500304
65GF Score
NIIT Ltd BOM:500304
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIIT 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, NIIT'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)
=-0.33/164.2724*164.2724
=-0.330

Current CPI (Mar. 2026) = 164.2724.

NIIT Quarterly Data

per share eps CPI Adj_EPS
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201706 0.620 107.109 0.951
201709 0.760 109.021 1.145
201712 1.180 109.404 1.772
201803 1.170 109.786 1.751
201806 1.060 111.317 1.564
201809 1.540 115.142 2.197
201812 1.160 115.142 1.655
201903 1.380 118.202 1.918
201906 64.500 120.880 87.654
201909 12.440 123.175 16.591
201912 2.200 126.235 2.863
202003 3.100 124.705 4.084
202006 2.040 127.000 2.639
202009 1.820 130.118 2.298
202012 2.870 130.889 3.602
202103 3.220 131.771 4.014
202106 3.680 134.084 4.509
202109 3.840 135.847 4.644
202112 4.000 138.161 4.756
202203 4.890 138.822 5.786
202206 -0.480 142.347 -0.554
202209 0.340 144.661 0.386
202212 1.040 145.763 1.172
202303 -0.690 146.865 -0.772
202306 0.160 150.280 0.175
202309 0.780 151.492 0.846
202312 1.050 152.924 1.128
202403 0.820 153.035 0.880
202406 0.560 155.789 0.590
202409 0.870 157.882 0.905
202412 0.970 158.323 1.006
202503 0.960 157.552 1.001
202506 0.310 159.755 0.319
202509 0.090 162.289 0.091
202512 0.280 163.281 0.282
202603 -0.330 164.272 -0.330

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 ₹18.17 mean?
NIIT (BOM:500304) has a E10 of ₹18.17 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NIIT and its competitors.
Is NIIT's E10 too high?
NIIT's current E10 is ₹18.17. Overall, NIIT has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NIIT's E10 compare to EDU and TAL?
NIIT's E10 of ₹18.17 can be compared against companies in the Education 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 an Education company?
A good E10 depends on the Education 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 NIIT and its competitors. NIIT's current E10 is ₹18.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIIT stock overvalued right now?
Based on GuruFocus' analysis, NIIT (BOM:500304) is currently considered Possible Value Trap. The stock's GF Value™ is ₹143.38, compared to a current price of ₹100.30 — trading 30% below its estimated fair value. The current E10 is ₹18.17. NIIT's overall GF Score™ is 65/100 with 5 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 NIIT (BOM:500304), the current E10 is ₹18.17 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 NIIT (BOM:500304) Overvalued in 2026?

Based on GuruFocus' analysis, NIIT stock appears to be undervalued. The current stock price of ₹100.30 is trading 30% below its estimated GF Value™ of ₹143.38. GuruFocus considers NIIT to be Possible Value Trap.

Key valuation signals for BOM:500304:

  • E10: ₹18.17
  • GF Value™: ₹143.38 vs. price of ₹100.30 (30% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the BOM:500304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NIIT Business Description

Other Exchanges NIITLTD:India
Address Plot No. 85, Sector 32, Institutional Area, Gurgaon, HR, IND, 122 001
NIIT Ltd provides multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals globally. Its business is divided into a Corporate learning group, a Skills and Careers group, and a School learning group. The activities of these divisions include training outsourcing to companies in North America and Europe, courses related to IT, BFSI, KPO, management education, multi-vocational skills, digital media marketing, professional life skills, teaching, and education to schools in India. Geographically, the company generates the majority of its revenue from India.
65GF Score

Get the complete analysis for BOM:500304

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

₹100.30
Price
₹143.38
GF Value