National Industries Group HoldingK (KUW:NIND) E10: KWD0.01 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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KUW:NIND National Industries Group Holding SAK KUW:NIND
26 GF Score
Price KWD0.23
GF Value KWD0.21
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is National Industries Group HoldingK E10?

National Industries Group HoldingK KUW:NIND -0.44% 26 E10 is KWD0.01 as of Mar. 2026. GuruFocus rates KUW:NIND with a GF Score™ of 26/100 and a GF Value™ of KWD0.21 (Fairly Valued). 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.

National Industries Group HoldingK's adjusted earnings per share data for the three months ended in Mar. 2026 was KWD-0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KWD0.01 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 (2026-07-18), National Industries Group HoldingK's current stock price is KWD0.226. National Industries Group HoldingK's E10 for the quarter that ended in Mar. 2026 was KWD0.01. National Industries Group HoldingK's Shiller PE Ratio of today is 22.60.

During the past 13 years, the highest Shiller PE Ratio of National Industries Group HoldingK was 29.24. The lowest was 15.55. And the median was 20.73.


National Industries Group HoldingK  (KUW:NIND) 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 Industries Group HoldingK's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.226/0.01
=22.60

* 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 National Industries Group HoldingK was 29.24. The lowest was 15.55. And the median was 20.73.


Be Aware

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


National Industries Group HoldingK E10 Related Terms


National Industries Group HoldingK E10 Historical Data

* Premium members only.

The historical data trend for National Industries Group HoldingK'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 Industries Group HoldingK E10 Chart

National Industries Group HoldingK 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 0.01 0.01 0.01 0.01 0.01

National Industries Group HoldingK 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 0.01 0.01 0.01 0.01 0.01

KUW:NIND vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, National Industries Group HoldingK'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 Industries Group HoldingK Shiller PE Ratio vs Conglomerates Industry

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

* The bar in red indicates where National Industries Group HoldingK's Shiller PE Ratio falls into.


KUW:NIND
26GF Score
National Industries Group Holding SAK KUW:NIND
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industries Group HoldingK 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 Industries Group HoldingK'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)
=-0.004/330.2130*330.2130
=-0.004

Current CPI (Mar. 2026) = 330.2130.

National Industries Group HoldingK Quarterly Data

per share eps CPI Adj_EPS
201606 -0.002 241.018 -0.003
201609 0.000 241.428 0.000
201612 -0.009 241.432 -0.012
201703 0.001 243.801 0.001
201706 0.001 244.955 0.001
201709 0.001 246.819 0.001
201712 0.008 246.524 0.011
201803 0.008 249.554 0.011
201806 0.003 251.989 0.004
201809 0.003 252.439 0.004
201812 -0.006 251.233 -0.008
201903 0.012 254.202 0.016
201906 0.008 256.143 0.010
201909 -0.003 256.759 -0.004
201912 0.005 256.974 0.006
202003 -0.033 258.115 -0.042
202006 0.005 257.797 0.006
202009 0.004 260.280 0.005
202012 0.001 260.474 0.001
202103 0.010 264.877 0.012
202106 0.012 271.696 0.015
202109 0.013 274.310 0.016
202112 0.001 278.802 0.001
202203 0.024 287.504 0.028
202206 -0.006 296.311 -0.007
202209 -0.007 296.808 -0.008
202212 0.003 296.797 0.003
202303 0.006 301.836 0.007
202306 -0.001 305.109 -0.001
202309 0.001 307.789 0.001
202312 0.002 306.746 0.002
202403 0.011 312.332 0.012
202406 0.000 314.175 0.000
202409 0.004 315.301 0.004
202412 0.008 315.605 0.008
202503 0.007 319.799 0.007
202506 0.009 322.561 0.009
202509 0.005 324.800 0.005
202512 0.009 324.054 0.009
202603 -0.004 330.213 -0.004

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 KWD0.01 mean?
National Industries Group HoldingK (KUW:NIND) has a E10 of KWD0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Industries Group HoldingK and its competitors.
Is National Industries Group HoldingK's E10 too high?
National Industries Group HoldingK's current E10 is KWD0.01. Overall, National Industries Group HoldingK has a GF Score™ of 26/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Industries Group HoldingK's E10 compare to HON and MMM?
National Industries Group HoldingK's E10 of KWD0.01 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 National Industries Group HoldingK and its competitors. National Industries Group HoldingK's current E10 is KWD0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Group HoldingK stock overvalued right now?
Based on GuruFocus' analysis, National Industries Group HoldingK (KUW:NIND) is currently considered Fairly Valued. The stock's GF Value™ is KWD0.21, compared to a current price of KWD0.23 — trading 7.6% above its estimated fair value. The current E10 is KWD0.01. National Industries Group HoldingK's overall GF Score™ is 26/100 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 National Industries Group HoldingK (KUW:NIND), the current E10 is KWD0.01 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 National Industries Group HoldingK (KUW:NIND) Overvalued in 2026?

Based on GuruFocus' analysis, National Industries Group HoldingK stock appears to be overvalued. The current stock price of KWD0.23 is trading 7.6% above its estimated GF Value™ of KWD0.21. GuruFocus considers National Industries Group HoldingK to be Fairly Valued.

Key valuation signals for KUW:NIND:

  • E10: KWD0.01
  • GF Value™: KWD0.21 vs. price of KWD0.23 (7.6% above fair value)
  • GF Score™: 26/100 with 7 warning signs

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


National Industries Group HoldingK Business Description

Other Exchanges NIND:United Arab Emirates
Address Shuwaikh - Jahra Road Interchange, P.O. Box 417, Beside kuwait Red Cresent Society, Safat, Kuwait City, KWT, 13005
National Industries Group Holding SAK operates in investment and its objectives are owning stocks and shares, lending money, owning industrial equities such as patents, and royalties, and owning real estate and movable property. The company has four segments Investments, Building Materials and Contracting services, Specialist Engineering and Hotel and IT operations. Geographically, it generates the majority of revenue from the Kuwait region.
26GF Score

Get the complete analysis for KUW:NIND

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

KWD0.23
Price
KWD0.21
GF Value