IndiaNivesh (BOM:501700) E10: ₹-5.96 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:501700 IndiaNivesh Ltd BOM:501700
30 GF Score
Price ₹6.90
GF Value ₹1.22
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is IndiaNivesh E10?

IndiaNivesh BOM:501700 +0.15% 30 E10 is ₹-5.96 as of Mar. 2026. GuruFocus rates BOM:501700 with a GF Score™ of 30/100 and a GF Value™ of ₹1.22 (Significantly Overvalued). 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.

IndiaNivesh's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-2.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-5.96 for the trailing ten years ended in Mar. 2026.

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 (2026-07-23), IndiaNivesh's current stock price is ₹6.90. IndiaNivesh's E10 for the quarter that ended in Mar. 2026 was ₹-5.96. IndiaNivesh's Shiller PE Ratio of today is .


IndiaNivesh  (BOM:501700) 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.


Be Aware

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


IndiaNivesh E10 Related Terms


IndiaNivesh E10 Historical Data

* Premium members only.

The historical data trend for IndiaNivesh'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.

IndiaNivesh E10 Chart

IndiaNivesh 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 0.00 0.00 -5.96

IndiaNivesh 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 0.00 0.00 0.00 0.00 -5.96

BOM:501700 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, IndiaNivesh'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.


IndiaNivesh Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IndiaNivesh's Shiller PE Ratio distribution charts can be found below:

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


BOM:501700
30GF Score
IndiaNivesh Ltd BOM:501700
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IndiaNivesh 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, IndiaNivesh'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)
=-2.87/164.2724*164.2724
=-2.870

Current CPI (Mar. 2026) = 164.2724.

IndiaNivesh Quarterly Data

per share eps CPI Adj_EPS
200803 0.000 52.407 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
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
201803 0.000 109.786 0.000
201903 0.000 118.202 0.000
201906 0.411 120.880 0.559
201909 -5.000 123.175 -6.668
201912 2.770 126.235 3.605
202003 -22.380 124.705 -29.481
202006 -2.140 127.000 -2.768
202009 -1.900 130.118 -2.399
202012 -1.520 130.889 -1.908
202103 2.300 131.771 2.867
202106 -0.670 134.084 -0.821
202109 -0.780 135.847 -0.943
202112 0.620 138.161 0.737
202203 -0.200 138.822 -0.237
202206 -0.210 142.347 -0.242
202209 0.090 144.661 0.102
202212 0.290 145.763 0.327
202303 -0.940 146.865 -1.051
202306 0.340 150.280 0.372
202309 0.410 151.492 0.445
202312 0.520 152.924 0.559
202403 -0.600 153.035 -0.644
202406 0.530 155.789 0.559
202409 0.410 157.882 0.427
202412 0.190 158.323 0.197
202503 -2.820 157.552 -2.940
202506 -0.250 159.755 -0.257
202509 0.260 162.289 0.263
202512 0.480 163.281 0.483
202603 -2.870 164.272 -2.870

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 ₹-5.96 mean?
IndiaNivesh (BOM:501700) has a E10 of ₹-5.96 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IndiaNivesh and its competitors.
Is IndiaNivesh's E10 too high?
IndiaNivesh's current E10 is ₹-5.96. Overall, IndiaNivesh has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IndiaNivesh's E10 compare to MS and GS?
IndiaNivesh's E10 of ₹-5.96 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 IndiaNivesh and its competitors. IndiaNivesh's current E10 is ₹-5.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiaNivesh stock overvalued right now?
Based on GuruFocus' analysis, IndiaNivesh (BOM:501700) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.22, compared to a current price of ₹6.90 — trading 465.6% above its estimated fair value. The current E10 is ₹-5.96. IndiaNivesh's overall GF Score™ is 30/100 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 IndiaNivesh (BOM:501700), the current E10 is ₹-5.96 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 IndiaNivesh (BOM:501700) Overvalued in 2026?

Based on GuruFocus' analysis, IndiaNivesh stock appears to be overvalued. The current stock price of ₹6.90 is trading 465.6% above its estimated GF Value™ of ₹1.22. GuruFocus considers IndiaNivesh to be Significantly Overvalued.

Key valuation signals for BOM:501700:

  • E10: ₹-5.96
  • GF Value™: ₹1.22 vs. price of ₹6.90 (465.6% above fair value)
  • GF Score™: 30/100 with 6 warning signs

No single metric tells the full story. See the BOM:501700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IndiaNivesh Business Description

Address Senapati Bapat Marg, 1703, Lodha Supremus, 17th Floor, Lower Parel (West), Mumbai, MH, IND, 400 013
IndiaNivesh Ltd is a non-banking financial company, which is engaged in trading and investing in securities. It operates through segments being Investment and Trading activities, Financing Activities, and Advisory and other services. It generates maximum revenue from the Financing Activities segment. The company purchases stressed assets and portfolios from banks and financial intermediaries and assists in the resolution of such no performing loans. It invests in quoted, as well as unquoted equity shares and in units of mutual funds.
30GF Score

Get the complete analysis for BOM:501700

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

₹6.90
Price
₹1.22
GF Value