Nibe (BOM:535136) E10: ₹3.93 (As of Mar. 2026)


BOM:535136 Nibe Ltd BOM:535136
79 GF Score
Price ₹1,661.20
GF Value ₹1,378.31
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Nibe E10?

Nibe BOM:535136 +1.00% 79 E10 is ₹3.93 as of Mar. 2026. GuruFocus rates BOM:535136 with a GF Score™ of 79/100 and a GF Value™ of ₹1,378.31 (Modestly Overvalued). The stock has 7 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.

Nibe's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹17.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nibe's average E10 Growth Rate was 3.40% 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 (2026-07-01), Nibe's current stock price is ₹1661.20. Nibe's E10 for the quarter that ended in Mar. 2026 was ₹3.93. Nibe's Shiller PE Ratio of today is 422.70.

During the past 13 years, the highest Shiller PE Ratio of Nibe was 2196.30. The lowest was 233.49. And the median was 558.15.


Nibe  (BOM:535136) 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.

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

Shiller PE Ratio=Share Price/E10
=1661.20/3.93
=422.70

* 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 Nibe was 2196.30. The lowest was 233.49. And the median was 558.15.


Be Aware

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


Nibe E10 Related Terms


Nibe E10 Historical Data

* Premium members only.

The historical data trend for Nibe'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.

Nibe E10 Chart

Nibe 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 1.78 3.80 3.93

Nibe 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 3.80 3.93 3.30 2.11 3.93

BOM:535136 vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Nibe'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.


Nibe Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nibe's Shiller PE Ratio distribution charts can be found below:

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


BOM:535136
79GF Score
Nibe Ltd BOM:535136
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nibe 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, Nibe'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)
=17.7/164.2724*164.2724
=17.700

Current CPI (Mar. 2026) = 164.2724.

Nibe Quarterly Data

per share eps CPI Adj_EPS
201606 0.020 105.961 0.031
201609 0.020 105.961 0.031
201612 0.010 105.196 0.016
201703 0.010 105.196 0.016
201706 0.020 107.109 0.031
201709 0.010 109.021 0.015
201712 0.050 109.404 0.075
201803 -0.010 109.786 -0.015
201806 0.010 111.317 0.015
201809 0.010 115.142 0.014
201812 0.004 115.142 0.006
201903 -0.034 118.202 -0.047
201906 0.030 120.880 0.041
201909 0.020 123.175 0.027
201912 0.020 126.235 0.026
202003 -0.530 124.705 -0.698
202006 0.000 127.000 0.000
202009 -0.090 130.118 -0.114
202012 -0.080 130.889 -0.100
202103 0.300 131.771 0.374
202106 0.140 134.084 0.172
202109 -1.090 135.847 -1.318
202112 -1.960 138.161 -2.330
202203 3.130 138.822 3.704
202206 0.100 142.347 0.115
202209 1.050 144.661 1.192
202212 0.900 145.763 1.014
202303 -0.630 146.865 -0.705
202306 0.700 150.280 0.765
202309 2.360 151.492 2.559
202312 3.480 152.924 3.738
202403 8.650 153.035 9.285
202406 6.000 155.789 6.327
202409 6.340 157.882 6.597
202412 1.340 158.323 1.390
202503 6.020 157.552 6.277
202506 0.720 159.755 0.740
202509 -6.690 162.289 -6.772
202512 -11.760 163.281 -11.831
202603 17.700 164.272 17.700

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 ₹3.93 mean?
Nibe (BOM:535136) has a E10 of ₹3.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nibe and its competitors.
Is Nibe's E10 too high?
Nibe's current E10 is ₹3.93. Overall, Nibe has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nibe's E10 compare to HON and MMM?
Nibe's E10 of ₹3.93 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Nibe and its competitors. Nibe's current E10 is ₹3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nibe stock overvalued right now?
Based on GuruFocus' analysis, Nibe (BOM:535136) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,378.31, compared to a current price of ₹1,661.20 — trading 20.5% above its estimated fair value. The current E10 is ₹3.93. Nibe's overall GF Score™ is 79/100 with 7 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 Nibe (BOM:535136), the current E10 is ₹3.93 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 Nibe (BOM:535136) Overvalued in 2026?

Based on GuruFocus' analysis, Nibe stock appears to be overvalued. The current stock price of ₹1,661.20 is trading 20.5% above its estimated GF Value™ of ₹1,378.31. GuruFocus considers Nibe to be Modestly Overvalued.

Key valuation signals for BOM:535136:

  • E10: ₹3.93
  • GF Value™: ₹1,378.31 vs. price of ₹1,661.20 (20.5% above fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the BOM:535136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nibe Business Description

Other Exchanges NIBE:India
Address Phase III, MIDC Industrial Area, Plot No. E-2/2, Nanekarwadi CT, Chakan, Taluka Khed, Pune, MH, IND, 410501
Nibe Ltd is engaged in the business of fabrication and machining of components used in the defence sector as well as the assembly of components of E-vehicles. The products offered by the company include joystick consoles, ruggedised panel PC, ethernet switches, console panel PC, electronic bikes and rickshaws, and batteries and related components for electric vehicles among others. Geographically, the company derives a majority of its revenue from its business in India and also exports its products to other countries.
79GF Score

Get the complete analysis for BOM:535136

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

₹1,661.20
Price
₹1,378.31
GF Value