Dubai National Insurance & Reinsurance PSC (DFM:DNIR) E10: د.إ0.54 (As of Mar. 2026)


DFM:DNIR Dubai National Insurance & Reinsurance PSC DFM:DNIR
77 GF Score
Price د.إ3.05
GF Value د.إ5.88
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Dubai National Insurance & Reinsurance PSC E10?

Dubai National Insurance & Reinsurance PSC DFM:DNIR 77 E10 is د.إ0.54 as of Mar. 2026. GuruFocus rates DFM:DNIR with a GF Score™ of 77/100 and a GF Value™ of د.إ5.88 (Significantly Undervalued). The stock has 1 warning sign 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.

Dubai National Insurance & Reinsurance PSC's adjusted earnings per share data for the three months ended in Mar. 2026 was د.إ0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is د.إ0.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dubai National Insurance & Reinsurance PSC's average E10 Growth Rate was 1.90% per year. During the past 3 years, the average E10 Growth Rate was 4.00% per year. During the past 5 years, the average E10 Growth Rate was 6.00% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Dubai National Insurance & Reinsurance PSC was 7.70% per year. The lowest was 4.00% per year. And the median was 5.70% per year.

As of today (2026-06-26), Dubai National Insurance & Reinsurance PSC's current stock price is د.إ3.05. Dubai National Insurance & Reinsurance PSC's E10 for the quarter that ended in Mar. 2026 was د.إ0.54. Dubai National Insurance & Reinsurance PSC's Shiller PE Ratio of today is 5.65.

During the past 13 years, the highest Shiller PE Ratio of Dubai National Insurance & Reinsurance PSC was 15.68. The lowest was 5.11. And the median was 10.20.


Dubai National Insurance & Reinsurance PSC  (DFM:DNIR) 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.

Dubai National Insurance & Reinsurance PSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.05/0.54
=5.65

* 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 Dubai National Insurance & Reinsurance PSC was 15.68. The lowest was 5.11. And the median was 10.20.


Be Aware

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


Dubai National Insurance & Reinsurance PSC E10 Related Terms


Dubai National Insurance & Reinsurance PSC E10 Historical Data

* Premium members only.

The historical data trend for Dubai National Insurance & Reinsurance PSC'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.

Dubai National Insurance & Reinsurance PSC E10 Chart

Dubai National Insurance & Reinsurance PSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.48 0.50 0.52 0.54

Dubai National Insurance & Reinsurance PSC 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 0.53 0.53 0.53 0.54 0.54

DFM:DNIR vs BRK.A, AIG, HIG: E10 Comparison

For the Insurance - Diversified subindustry, Dubai National Insurance & Reinsurance PSC'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.


Dubai National Insurance & Reinsurance PSC Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Dubai National Insurance & Reinsurance PSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dubai National Insurance & Reinsurance PSC's Shiller PE Ratio falls into.


DFM:DNIR
77GF Score
Dubai National Insurance & Reinsurance PSC DFM:DNIR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dubai National Insurance & Reinsurance PSC 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, Dubai National Insurance & Reinsurance PSC'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)
=0.26/330.2130*330.2130
=0.260

Current CPI (Mar. 2026) = 330.2130.

Dubai National Insurance & Reinsurance PSC Quarterly Data

per share eps CPI Adj_EPS
201606 0.080 241.018 0.110
201609 0.080 241.428 0.109
201612 0.040 241.432 0.055
201703 0.170 243.801 0.230
201706 0.100 244.955 0.135
201709 0.090 246.819 0.120
201712 0.070 246.524 0.094
201803 0.210 249.554 0.278
201806 0.090 251.989 0.118
201809 0.100 252.439 0.131
201812 0.060 251.233 0.079
201903 0.230 254.202 0.299
201906 0.080 256.143 0.103
201909 0.100 256.759 0.129
201912 0.100 256.974 0.129
202003 0.230 258.115 0.294
202006 0.100 257.797 0.128
202009 0.090 260.280 0.114
202012 0.050 260.474 0.063
202103 0.220 264.877 0.274
202106 0.080 271.696 0.097
202109 0.080 274.310 0.096
202112 0.130 278.802 0.154
202203 0.220 287.504 0.253
202206 0.070 296.311 0.078
202209 0.010 296.808 0.011
202212 0.080 296.797 0.089
202303 0.170 301.836 0.186
202306 0.070 305.109 0.076
202309 0.060 307.789 0.064
202312 0.110 306.746 0.118
202403 0.220 312.332 0.233
202406 -0.010 314.175 -0.011
202409 0.060 315.301 0.063
202412 0.190 315.605 0.199
202503 0.220 319.799 0.227
202506 0.110 322.561 0.113
202509 0.030 324.800 0.030
202512 0.110 324.054 0.112
202603 0.260 330.213 0.260

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 د.إ0.54 mean?
Dubai National Insurance & Reinsurance PSC (DFM:DNIR) has a E10 of د.إ0.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dubai National Insurance & Reinsurance PSC and its competitors.
Is Dubai National Insurance & Reinsurance PSC's E10 too high?
Dubai National Insurance & Reinsurance PSC's current E10 is د.إ0.54. Overall, Dubai National Insurance & Reinsurance PSC has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dubai National Insurance & Reinsurance PSC's E10 compare to BRK.A and AIG?
Dubai National Insurance & Reinsurance PSC's E10 of د.إ0.54 can be compared against companies in the Insurance 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 Insurance company?
A good E10 depends on the Insurance 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 Dubai National Insurance & Reinsurance PSC and its competitors. Dubai National Insurance & Reinsurance PSC's current E10 is د.إ0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai National Insurance & Reinsurance PSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai National Insurance & Reinsurance PSC (DFM:DNIR) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ5.88, compared to a current price of د.إ3.05 — trading 48.1% below its estimated fair value. The current E10 is د.إ0.54. Dubai National Insurance & Reinsurance PSC's overall GF Score™ is 77/100 with 1 warning sign 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 Dubai National Insurance & Reinsurance PSC (DFM:DNIR), the current E10 is د.إ0.54 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 Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Overvalued in 2026?

Based on GuruFocus' analysis, Dubai National Insurance & Reinsurance PSC stock appears to be undervalued. The current stock price of د.إ3.05 is trading 48.1% below its estimated GF Value™ of د.إ5.88. GuruFocus considers Dubai National Insurance & Reinsurance PSC to be Significantly Undervalued.

Key valuation signals for DFM:DNIR:

  • E10: د.إ0.54
  • GF Value™: د.إ5.88 vs. price of د.إ3.05 (48.1% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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


Dubai National Insurance & Reinsurance PSC Business Description

Address Sheikh Zayed road, P.O. Box: 1806, 3rd Floor, Dubai National Insurance Building, Next to Mazaya Center, Behind Coca Cola Arena, Dubai, ARE
Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, group life, and personal accident insurance, among others. It operates in two main business segments: Underwriting and Investments. Maximum revenue is generated from the Underwriting segment, which is further classified into General Insurance, Group Life, and Health Insurance.
77GF Score

Get the complete analysis for DFM:DNIR

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

د.إ3.05
Price
د.إ5.88
GF Value