National Life Insurance (DHA:NATLIFEINS) E10: BDT294.34 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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DHA:NATLIFEINS National Life Insurance PLC DHA:NATLIFEINS
73 GF Score
Price BDT102.50
GF Value BDT131.65
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is National Life Insurance E10?

National Life Insurance DHA:NATLIFEINS -0.19% 73 E10 is BDT294.34 as of Jun. 2026. GuruFocus rates DHA:NATLIFEINS with a GF Score™ of 73/100 and a GF Value™ of BDT131.65 (Modestly Undervalued). The stock has 2 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.

National Life Insurance's adjusted earnings per share data for the three months ended in Jun. 2026 was BDT26.687. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT294.34 for the trailing ten years ended in Jun. 2026.

During the past 12 months, National Life Insurance's average E10 Growth Rate was -20.10% 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 (2026-08-15), National Life Insurance's current stock price is BDT102.50. National Life Insurance's E10 for the quarter that ended in Jun. 2026 was BDT294.34. National Life Insurance's Shiller PE Ratio of today is 0.35.

During the past 11 years, the highest Shiller PE Ratio of National Life Insurance was 0.37. The lowest was 0.22. And the median was 0.28.


National Life Insurance  (DHA:NATLIFEINS) 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.

National Life Insurance's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=102.50/294.34
=0.35

* 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 11 years, the highest Shiller P/E Ratio of National Life Insurance was 0.37. The lowest was 0.22. And the median was 0.28.


Be Aware

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


National Life Insurance E10 Related Terms


National Life Insurance E10 Historical Data

* Premium members only.

The historical data trend for National Life Insurance'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.

National Life Insurance E10 Chart

National Life Insurance 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 0.00 0.00 0.00 378.09 362.27

National Life Insurance Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 368.53 364.21 362.27 328.16 294.34

DHA:NATLIFEINS vs AFL, MET, PRU: E10 Comparison

For the Insurance - Life subindustry, National Life Insurance'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.


National Life Insurance Shiller PE Ratio vs Insurance Industry

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

* The bar in red indicates where National Life Insurance's Shiller PE Ratio falls into.


DHA:NATLIFEINS
73GF Score
National Life Insurance PLC DHA:NATLIFEINS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Life Insurance 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, National Life Insurance's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=26.687/333.9520*333.9520
=26.687

Current CPI (Jun. 2026) = 333.9520.

National Life Insurance Quarterly Data

per share eps CPI Adj_EPS
201609 291.771 241.428 403.588
201612 -154.068 241.432 -213.109
201703 294.764 243.801 403.760
201706 301.985 244.955 411.702
201709 295.778 246.819 400.195
201712 -286.969 246.524 -388.741
201803 298.412 249.554 399.334
201806 303.826 251.989 402.650
201809 301.443 252.439 398.779
201812 -282.214 251.233 -375.134
201903 -2.947 254.202 -3.872
201906 9.369 256.143 12.215
201909 -2.394 256.759 -3.114
201912 40.276 256.974 52.341
202003 -3.113 258.115 -4.028
202006 4.905 257.797 6.354
202009 5.946 260.280 7.629
202012 24.120 260.474 30.924
202103 1.773 264.877 2.235
202106 8.758 271.696 10.765
202109 2.603 274.310 3.169
202112 25.366 278.802 30.384
202203 2.101 287.504 2.440
202206 13.552 296.311 15.274
202209 3.585 296.808 4.034
202212 216.926 296.797 244.082
202303 4.527 301.836 5.009
202306 11.245 305.109 12.308
202309 3.297 307.789 3.577
202312 233.845 306.746 254.585
202403 7.397 312.332 7.909
202406 16.877 314.175 17.939
202409 15.844 315.301 16.781
202412 139.083 315.605 147.168
202503 3.078 319.799 3.214
202506 15.575 322.561 16.125
202509 24.068 324.800 24.746
202512 159.832 324.054 164.714
202603 -11.059 330.213 -11.184
202606 26.687 333.952 26.687

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 BDT294.34 mean?
National Life Insurance (DHA:NATLIFEINS) has a E10 of BDT294.34 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Life Insurance and its competitors.
Is National Life Insurance's E10 too high?
National Life Insurance's current E10 is BDT294.34. Overall, National Life Insurance has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Life Insurance's E10 compare to AFL and MET?
National Life Insurance's E10 of BDT294.34 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 National Life Insurance and its competitors. National Life Insurance's current E10 is BDT294.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Life Insurance stock overvalued right now?
Based on GuruFocus' analysis, National Life Insurance (DHA:NATLIFEINS) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT131.65, compared to a current price of BDT102.50 — trading 22.1% below its estimated fair value. The current E10 is BDT294.34. National Life Insurance's overall GF Score™ is 73/100 with 2 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 National Life Insurance (DHA:NATLIFEINS), the current E10 is BDT294.34 as of Jun. 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 National Life Insurance (DHA:NATLIFEINS) Overvalued in 2026?

Based on GuruFocus' analysis, National Life Insurance stock appears to be undervalued. The current stock price of BDT102.50 is trading 22.1% below its estimated GF Value™ of BDT131.65. GuruFocus considers National Life Insurance to be Modestly Undervalued.

Key valuation signals for DHA:NATLIFEINS:

  • E10: BDT294.34
  • GF Value™: BDT131.65 vs. price of BDT102.50 (22.1% below fair value)
  • GF Score™: 73/100 with 2 warning signs

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


National Life Insurance Business Description

Address 54-55, Kazi Nazrul Islam Avenue, Karwan Bazar, NLI Tower, Dhaka, BGD, 1215
National Life Insurance PLC, formerly National Life Insurance Co Ltd is a private sector indigenous life insurance company. It provides multifarious life assurance products that cater to the aspirations and needs as well as the religious beliefs of the clients. The company operates through the following divisions based on the type of insurance products offered; Individual Life Insurance, Group Life Insurance, Bangabandhu Shikkha Bima, Personal Accidental Insurance and Bancassurance. It generates maximum revenue from the Ordinary Life Insurance business.
73GF Score

Get the complete analysis for DHA:NATLIFEINS

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

BDT102.50
Price
BDT131.65
GF Value