Gujarat Narmada Valley Fertilizers & Chemicals (NSE:GNFC) E10: ₹52.55 (As of Mar. 2026)


NSE:GNFC Gujarat Narmada Valley Fertilizers & Chemicals Ltd NSE:GNFC
75 GF Score
Price ₹529.20
GF Value ₹528.36
Valuation Fairly Valued
! 8 Warning Signs
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What is Gujarat Narmada Valley Fertilizers & Chemicals E10?

Gujarat Narmada Valley Fertilizers & Chemicals NSE:GNFC -0.93% 75 E10 is ₹52.55 as of Mar. 2026. GuruFocus rates NSE:GNFC with a GF Score™ of 75/100 and a GF Value™ of ₹528.36 (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.

Gujarat Narmada Valley Fertilizers & Chemicals's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹26.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹52.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gujarat Narmada Valley Fertilizers & Chemicals's average E10 Growth Rate was 13.90% per year. During the past 3 years, the average E10 Growth Rate was 7.60% 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 Gujarat Narmada Valley Fertilizers & Chemicals was 10.70% per year. The lowest was 7.60% per year. And the median was 9.15% per year.

As of today (2026-07-04), Gujarat Narmada Valley Fertilizers & Chemicals's current stock price is ₹529.20. Gujarat Narmada Valley Fertilizers & Chemicals's E10 for the quarter that ended in Mar. 2026 was ₹52.55. Gujarat Narmada Valley Fertilizers & Chemicals's Shiller PE Ratio of today is 10.07.

During the past 13 years, the highest Shiller PE Ratio of Gujarat Narmada Valley Fertilizers & Chemicals was 26.01. The lowest was 7.60. And the median was 14.28.


Gujarat Narmada Valley Fertilizers & Chemicals  (NSE:GNFC) 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.

Gujarat Narmada Valley Fertilizers & Chemicals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=529.20/52.55
=10.07

* 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 Gujarat Narmada Valley Fertilizers & Chemicals was 26.01. The lowest was 7.60. And the median was 14.28.


Be Aware

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


Gujarat Narmada Valley Fertilizers & Chemicals E10 Related Terms


Gujarat Narmada Valley Fertilizers & Chemicals E10 Historical Data

* Premium members only.

The historical data trend for Gujarat Narmada Valley Fertilizers & Chemicals'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.

Gujarat Narmada Valley Fertilizers & Chemicals E10 Chart

Gujarat Narmada Valley Fertilizers & Chemicals 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 33.95 42.15 43.84 46.09 52.55

Gujarat Narmada Valley Fertilizers & Chemicals 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 46.09 46.07 46.93 49.06 52.55

NSE:GNFC vs DOW: E10 Comparison

For the Chemicals subindustry, Gujarat Narmada Valley Fertilizers & Chemicals'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.


Gujarat Narmada Valley Fertilizers & Chemicals Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gujarat Narmada Valley Fertilizers & Chemicals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat Narmada Valley Fertilizers & Chemicals's Shiller PE Ratio falls into.


NSE:GNFC
75GF Score
Gujarat Narmada Valley Fertilizers & Chemicals Ltd NSE:GNFC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat Narmada Valley Fertilizers & Chemicals 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, Gujarat Narmada Valley Fertilizers & Chemicals'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)
=26.94/164.2724*164.2724
=26.940

Current CPI (Mar. 2026) = 164.2724.

Gujarat Narmada Valley Fertilizers & Chemicals Quarterly Data

per share eps CPI Adj_EPS
201412 -2.960 96.780 -5.024
201503 -20.370 97.163 -34.439
201506 -0.710 99.841 -1.168
201509 3.390 101.753 5.473
201512 5.510 102.901 8.796
201603 3.380 102.518 5.416
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 12.090 111.317 17.841
201809 4.470 115.142 6.377
201812 10.810 115.142 15.423
201903 6.130 118.202 8.519
201906 4.470 120.880 6.075
201909 5.470 123.175 7.295
201912 7.300 126.235 9.500
202003 15.450 124.705 20.352
202006 0.190 127.000 0.246
202009 9.060 130.118 11.438
202012 15.610 130.889 19.591
202103 19.980 131.771 24.908
202106 15.560 134.084 19.063
202109 18.320 135.847 22.153
202112 34.900 138.161 41.496
202203 41.210 138.822 48.765
202206 36.900 142.347 42.584
202209 15.350 144.661 17.431
202212 21.030 145.763 23.700
202303 21.390 146.865 23.925
202306 5.680 150.280 6.209
202309 11.740 151.492 12.730
202312 6.300 152.924 6.768
202403 8.790 153.035 9.435
202406 8.030 155.789 8.467
202409 7.140 157.882 7.429
202412 11.090 158.323 11.507
202503 14.350 157.552 14.962
202506 5.650 159.755 5.810
202509 12.180 162.289 12.329
202512 10.200 163.281 10.262
202603 26.940 164.272 26.940

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 ₹52.55 mean?
Gujarat Narmada Valley Fertilizers & Chemicals (NSE:GNFC) has a E10 of ₹52.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gujarat Narmada Valley Fertilizers & Chemicals and its competitors.
Is Gujarat Narmada Valley Fertilizers & Chemicals' E10 too high?
Gujarat Narmada Valley Fertilizers & Chemicals' current E10 is ₹52.55. Overall, Gujarat Narmada Valley Fertilizers & Chemicals has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Narmada Valley Fertilizers & Chemicals' E10 compare to DOW?
Gujarat Narmada Valley Fertilizers & Chemicals' E10 of ₹52.55 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Gujarat Narmada Valley Fertilizers & Chemicals and its competitors. Gujarat Narmada Valley Fertilizers & Chemicals's current E10 is ₹52.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Narmada Valley Fertilizers & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Narmada Valley Fertilizers & Chemicals (NSE:GNFC) is currently considered Fairly Valued. The stock's GF Value™ is ₹528.36, compared to a current price of ₹529.20 — trading 0.2% above its estimated fair value. The current E10 is ₹52.55. Gujarat Narmada Valley Fertilizers & Chemicals' overall GF Score™ is 75/100 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 Gujarat Narmada Valley Fertilizers & Chemicals (NSE:GNFC), the current E10 is ₹52.55 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 Gujarat Narmada Valley Fertilizers & Chemicals (NSE:GNFC) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Narmada Valley Fertilizers & Chemicals stock appears to be overvalued. The current stock price of ₹529.20 is trading 0.2% above its estimated GF Value™ of ₹528.36. GuruFocus considers Gujarat Narmada Valley Fertilizers & Chemicals to be Fairly Valued.

Key valuation signals for NSE:GNFC:

  • E10: ₹52.55
  • GF Value™: ₹528.36 vs. price of ₹529.20 (0.2% above fair value)
  • GF Score™: 75/100 with 8 warning signs

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


Gujarat Narmada Valley Fertilizers & Chemicals Business Description

Other Exchanges 500670:India
Address Narmadanagar Township, Open Air Theatre, Sports Complex, P.O. Narmadanagar, Bharuch, GJ, IND, 392015
Gujarat Narmada Valley Fertilizers & Chemicals Ltd, or GNFC, is a firm engaged in the manufacturing and selling of fertilizers, industrial chemical products and rendering Information Technology services. It operates in three business segments including fertilizer segment and chemicals segment and others. The company generates the majority of its revenues through the sale of chemicals.
75GF Score

Get the complete analysis for NSE:GNFC

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

₹529.20
Price
₹528.36
GF Value