Nishat Power (KAR:NPL) E10: ₨10.75 (As of Mar. 2026)


KAR:NPL Nishat Power Ltd KAR:NPL
57 GF Score
Price ₨74.14
GF Value ₨13.14
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nishat Power E10?

Nishat Power KAR:NPL 57 E10 is ₨10.75 as of Mar. 2026. GuruFocus rates KAR:NPL with a GF Score™ of 57/100 and a GF Value™ of ₨13.14 (Significantly 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.

Nishat Power's adjusted earnings per share data for the three months ended in Mar. 2026 was ₨1.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨10.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nishat Power's average E10 Growth Rate was -0.20% per year. During the past 3 years, the average E10 Growth Rate was 0.50% 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 Nishat Power was 6.40% per year. The lowest was 0.50% per year. And the median was 3.45% per year.

As of today (2026-06-26), Nishat Power's current stock price is ₨74.14. Nishat Power's E10 for the quarter that ended in Mar. 2026 was ₨10.75. Nishat Power's Shiller PE Ratio of today is 6.90.

During the past 13 years, the highest Shiller PE Ratio of Nishat Power was 9.24. The lowest was 1.44. And the median was 2.52.


Nishat Power  (KAR:NPL) 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.

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

Shiller PE Ratio=Share Price/E10
=74.14/10.75
=6.90

* 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 Nishat Power was 9.24. The lowest was 1.44. And the median was 2.52.


Be Aware

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


Nishat Power E10 Related Terms


Nishat Power E10 Historical Data

* Premium members only.

The historical data trend for Nishat Power'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.

Nishat Power E10 Chart

Nishat Power Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.07 10.87 11.34 12.12 11.02

Nishat Power 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 10.77 11.02 10.90 10.70 10.75

KAR:NPL vs CEG, VST, NRG: E10 Comparison

For the Utilities - Independent Power Producers subindustry, Nishat Power'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.


Nishat Power Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nishat Power's Shiller PE Ratio distribution charts can be found below:

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


KAR:NPL
57GF Score
Nishat Power Ltd KAR:NPL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishat Power 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, Nishat Power'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)
=1.95/330.2130*330.2130
=1.950

Current CPI (Mar. 2026) = 330.2130.

Nishat Power Quarterly Data

per share eps CPI Adj_EPS
201606 0.832 241.018 1.140
201609 2.070 241.428 2.831
201612 1.817 241.432 2.485
201703 2.169 243.801 2.938
201706 2.095 244.955 2.824
201709 2.429 246.819 3.250
201712 2.281 246.524 3.055
201803 2.109 249.554 2.791
201806 2.245 251.989 2.942
201809 2.779 252.439 3.635
201812 2.584 251.233 3.396
201903 2.920 254.202 3.793
201906 2.366 256.143 3.050
201909 3.779 256.759 4.860
201912 3.272 256.974 4.205
202003 3.637 258.115 4.653
202006 3.069 257.797 3.931
202009 2.636 260.280 3.344
202012 1.537 260.474 1.949
202103 1.994 264.877 2.486
202106 1.405 271.696 1.708
202109 2.584 274.310 3.111
202112 2.100 278.802 2.487
202203 3.221 287.504 3.699
202206 1.472 296.311 1.640
202209 2.660 296.808 2.959
202212 3.110 296.797 3.460
202303 2.350 301.836 2.571
202306 3.430 305.109 3.712
202309 4.120 307.789 4.420
202312 2.420 306.746 2.605
202403 4.350 312.332 4.599
202406 4.330 314.175 4.551
202409 4.670 315.301 4.891
202412 -12.470 315.605 -13.047
202503 1.830 319.799 1.890
202506 3.860 322.561 3.952
202509 1.650 324.800 1.677
202512 1.080 324.054 1.101
202603 1.950 330.213 1.950

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 ₨10.75 mean?
Nishat Power (KAR:NPL) has a E10 of ₨10.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nishat Power and its competitors.
Is Nishat Power's E10 too high?
Nishat Power's current E10 is ₨10.75. Overall, Nishat Power has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Power's E10 compare to CEG and VST?
Nishat Power's E10 of ₨10.75 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Nishat Power and its competitors. Nishat Power's current E10 is ₨10.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Power stock overvalued right now?
Based on GuruFocus' analysis, Nishat Power (KAR:NPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨13.14, compared to a current price of ₨74.14 — trading 464.2% above its estimated fair value. The current E10 is ₨10.75. Nishat Power's overall GF Score™ is 57/100 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 Nishat Power (KAR:NPL), the current E10 is ₨10.75 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 Nishat Power (KAR:NPL) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat Power stock appears to be overvalued. The current stock price of ₨74.14 is trading 464.2% above its estimated GF Value™ of ₨13.14. GuruFocus considers Nishat Power to be Significantly Overvalued.

Key valuation signals for KAR:NPL:

  • E10: ₨10.75
  • GF Value™: ₨13.14 vs. price of ₨74.14 (464.2% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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


Nishat Power Business Description

Address 1-B, Aziz Avenue, Canal Bank, Gulberg-V, Lahore, PB, PAK
Nishat Power Ltd is a company whose principal activity is to build, own, operate and maintain a fuel-fired power plant based on Reciprocating Engine Technology having a gross capacity of 200MW in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan. It operates in single operating segment being: Revenue from sale of electricity relates to CPPA-G.
57GF Score

Get the complete analysis for KAR:NPL

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

₨74.14
Price
₨13.14
GF Value