IDFC First Bank (BOM:539437) E10: ₹0.74 (As of Mar. 2026)


BOM:539437 IDFC First Bank Ltd BOM:539437
73 GF Score
Price ₹77.83
GF Value ₹78.00
Valuation Fairly Valued
! 8 Warning Signs
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What is IDFC First Bank E10?

IDFC First Bank BOM:539437 -3.24% 73 E10 is ₹0.74 as of Mar. 2026. GuruFocus rates BOM:539437 with a GF Score™ of 73/100 and a GF Value™ of ₹78.00 (Fairly Valued). The stock has 8 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.

IDFC First Bank's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.74 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 (2026-07-09), IDFC First Bank's current stock price is ₹77.83. IDFC First Bank's E10 for the quarter that ended in Mar. 2026 was ₹0.74. IDFC First Bank's Shiller PE Ratio of today is 105.18.

During the past 12 years, the highest Shiller PE Ratio of IDFC First Bank was 354.67. The lowest was 81.38. And the median was 283.67.


IDFC First Bank  (BOM:539437) 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.

IDFC First Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=77.83/0.74
=105.18

* 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 12 years, the highest Shiller P/E Ratio of IDFC First Bank was 354.67. The lowest was 81.38. And the median was 283.67.


Be Aware

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


IDFC First Bank E10 Related Terms


IDFC First Bank E10 Historical Data

* Premium members only.

The historical data trend for IDFC First Bank'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.

IDFC First Bank E10 Chart

IDFC First Bank 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 0.74

IDFC First Bank 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 -89.50 0.24 0.29 0.74

IDFC First Bank E10 Competitor Comparison

For the Banks - Regional subindustry, IDFC First Bank'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.


IDFC First Bank Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, IDFC First Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IDFC First Bank's Shiller PE Ratio falls into.


BOM:539437
73GF Score
IDFC First Bank Ltd BOM:539437
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IDFC First Bank 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, IDFC First Bank'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)
=0.38/164.2724*164.2724
=0.380

Current CPI (Mar. 2026) = 164.2724.

IDFC First Bank Quarterly Data

per share eps CPI Adj_EPS
201509 0.510 101.753 0.823
201512 0.710 102.901 1.133
201603 -0.247 102.518 -0.396
201606 0.780 105.961 1.209
201609 1.140 105.961 1.767
201612 0.560 105.196 0.874
201703 0.510 105.196 0.796
201803 0.000 109.786 0.000
201806 0.560 111.317 0.826
201809 -1.050 115.142 -1.498
201812 -3.200 115.142 -4.565
201903 -0.270 118.202 -0.375
201906 -1.280 120.880 -1.739
201909 -1.410 123.175 -1.880
201912 -3.410 126.235 -4.437
202003 0.160 124.705 0.211
202006 0.200 127.000 0.259
202009 0.190 130.118 0.240
202012 0.240 130.889 0.301
202103 0.240 131.771 0.299
202106 -1.010 134.084 -1.237
202109 0.240 135.847 0.290
202112 0.460 138.161 0.547
202203 0.560 138.822 0.663
202206 0.770 142.347 0.889
202209 0.900 144.661 1.022
202212 0.980 145.763 1.104
202303 1.280 146.865 1.432
202306 1.090 150.280 1.191
202309 1.110 151.492 1.204
202312 1.030 152.924 1.106
202403 1.030 153.035 1.106
202406 0.900 155.789 0.949
202409 0.280 157.882 0.291
202412 0.460 158.323 0.477
202503 0.400 157.552 0.417
202506 0.610 159.755 0.627
202509 0.350 162.289 0.354
202512 0.540 163.281 0.543
202603 0.380 164.272 0.380

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 ₹0.74 mean?
IDFC First Bank (BOM:539437) has a E10 of ₹0.74 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IDFC First Bank and its competitors.
Is IDFC First Bank's E10 too high?
IDFC First Bank's current E10 is ₹0.74. Overall, IDFC First Bank has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IDFC First Bank's E10 compare to competitors?
IDFC First Bank's E10 of ₹0.74 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 IDFC First Bank and its competitors. IDFC First Bank's current E10 is ₹0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDFC First Bank stock overvalued right now?
Based on GuruFocus' analysis, IDFC First Bank (BOM:539437) is currently considered Fairly Valued. The stock's GF Value™ is ₹78.00, compared to a current price of ₹77.83 — trading 0.2% below its estimated fair value. The current E10 is ₹0.74. IDFC First Bank's overall GF Score™ is 73/100 with 8 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 IDFC First Bank (BOM:539437), the current E10 is ₹0.74 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 IDFC First Bank (BOM:539437) Overvalued in 2026?

Based on GuruFocus' analysis, IDFC First Bank stock appears to be undervalued. The current stock price of ₹77.83 is trading 0.2% below its estimated GF Value™ of ₹78.00. GuruFocus considers IDFC First Bank to be Fairly Valued.

Key valuation signals for BOM:539437:

  • E10: ₹0.74
  • GF Value™: ₹78.00 vs. price of ₹77.83 (0.2% below fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the BOM:539437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IDFC First Bank Business Description

Other Exchanges IDFCFIRSTB:India
Address The Square, C-61, G-Block, Ground Floor To 8th Floor, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
IDFC First Bank Ltd provides banking services including lending to individuals, providing loans, non-fund facilities, transaction services, corporate advisory, project appraisal placement, and syndication through the branch network and other delivery channels. The bank holds an investment portfolio, money market borrowing and lending, investment operations, and an entire foreign exchange and derivative portfolio. It organizes its business into four segments namely Treasury, Corporate and Wholesale, Retail, and Other Banking Business. The company generates maximum revenue from the Retail banking segment.
73GF Score

Get the complete analysis for BOM:539437

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

₹77.83
Price
₹78.00
GF Value