NCL Research & Financial Services (BOM:530557) E10: ₹0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:530557 NCL Research & Financial Services Ltd BOM:530557
41 GF Score
Price ₹0.64
GF Value ₹0.44
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is NCL Research & Financial Services E10?

NCL Research & Financial Services BOM:530557 +18.52% 41 E10 is ₹0.00 as of Mar. 2026. GuruFocus rates BOM:530557 with a GF Score™ of 41/100 and a GF Value™ of ₹0.44 (Significantly Overvalued). The stock has 3 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.

NCL Research & Financial Services's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.00 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of NCL Research & Financial Services was -10.60% per year. The lowest was -10.60% per year. And the median was -10.60% per year.

As of today (2026-07-18), NCL Research & Financial Services's current stock price is ₹0.64. NCL Research & Financial Services's E10 for the quarter that ended in Mar. 2026 was ₹0.00. NCL Research & Financial Services's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of NCL Research & Financial Services was 137.95. The lowest was 0.20. And the median was 2.68.


NCL Research & Financial Services  (BOM:530557) 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.

During the past 13 years, the highest Shiller P/E Ratio of NCL Research & Financial Services was 137.95. The lowest was 0.20. And the median was 2.68.


Be Aware

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


NCL Research & Financial Services E10 Related Terms


NCL Research & Financial Services E10 Historical Data

* Premium members only.

The historical data trend for NCL Research & Financial Services'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.

NCL Research & Financial Services E10 Chart

NCL Research & Financial Services 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 0.21 0.22 0.15 0.00 0.00

NCL Research & Financial Services 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 0.01 0.00 0.00 0.00

BOM:530557 vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, NCL Research & Financial Services'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.


NCL Research & Financial Services Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, NCL Research & Financial Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NCL Research & Financial Services's Shiller PE Ratio falls into.


BOM:530557
41GF Score
NCL Research & Financial Services Ltd BOM:530557
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NCL Research & Financial Services 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, NCL Research & Financial Services'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)
=-0.05/164.2724*164.2724
=-0.050

Current CPI (Mar. 2026) = 164.2724.

NCL Research & Financial Services Quarterly Data

per share eps CPI Adj_EPS
201606 0.001 105.961 0.002
201609 -0.025 105.961 -0.039
201612 0.011 105.196 0.017
201703 0.011 105.196 0.017
201706 0.011 107.109 0.017
201709 0.014 109.021 0.021
201712 -0.009 109.404 -0.014
201803 -0.016 109.786 -0.024
201806 -0.002 111.317 -0.003
201809 0.005 115.142 0.007
201812 -0.005 115.142 -0.007
201903 0.004 118.202 0.006
201906 0.010 120.880 0.014
201909 -0.010 123.175 -0.013
201912 -0.002 126.235 -0.003
202003 0.002 124.705 0.003
202006 0.003 127.000 0.004
202009 0.001 130.118 0.001
202012 0.011 130.889 0.014
202103 -0.007 131.771 -0.009
202106 0.001 134.084 0.001
202109 0.008 135.847 0.010
202112 0.003 138.161 0.004
202203 0.012 138.822 0.014
202206 -0.007 142.347 -0.008
202209 0.002 144.661 0.002
202212 0.007 145.763 0.008
202303 0.004 146.865 0.004
202306 0.005 150.280 0.005
202309 -0.002 151.492 -0.002
202312 0.010 152.924 0.011
202403 0.002 153.035 0.002
202406 -0.020 155.789 -0.021
202409 0.010 157.882 0.010
202412 0.000 158.323 0.000
202503 0.000 157.552 0.000
202506 0.020 159.755 0.021
202509 0.010 162.289 0.010
202512 0.000 163.281 0.000
202603 -0.050 164.272 -0.050

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 ₹0.00 mean?
NCL Research & Financial Services (BOM:530557) has a E10 of ₹0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NCL Research & Financial Services and its competitors.
Is NCL Research & Financial Services' E10 too high?
NCL Research & Financial Services' current E10 is ₹0.00. Overall, NCL Research & Financial Services has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCL Research & Financial Services' E10 compare to V and MA?
NCL Research & Financial Services' E10 of ₹0.00 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 NCL Research & Financial Services and its competitors. NCL Research & Financial Services's current E10 is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCL Research & Financial Services stock overvalued right now?
Based on GuruFocus' analysis, NCL Research & Financial Services (BOM:530557) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.44, compared to a current price of ₹0.64 — trading 45.5% above its estimated fair value. The current E10 is ₹0.00. NCL Research & Financial Services' overall GF Score™ is 41/100 with 3 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 NCL Research & Financial Services (BOM:530557), the current E10 is ₹0.00 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 NCL Research & Financial Services (BOM:530557) Overvalued in 2026?

Based on GuruFocus' analysis, NCL Research & Financial Services stock appears to be overvalued. The current stock price of ₹0.64 is trading 45.5% above its estimated GF Value™ of ₹0.44. GuruFocus considers NCL Research & Financial Services to be Significantly Overvalued.

Key valuation signals for BOM:530557:

  • E10: ₹0.00
  • GF Value™: ₹0.44 vs. price of ₹0.64 (45.5% above fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the BOM:530557 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCL Research & Financial Services Business Description

Address 79, Nagindas Master Road, 3rd Floor, Bhagyodaya Building, Fort, Mumbai, MH, IND, 400 023
NCL Research & Financial Services Ltd is a Non-Banking financing company engaged in the business of finance and investments. It trades in both the Equity and FNO segments and also in the Commodities market, along with its financing activities. The company generates the majority of its revenue from Interest Income.
41GF Score

Get the complete analysis for BOM:530557

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

₹0.64
Price
₹0.44
GF Value