IIFL Finance (NSE:IIFL) E10: ₹31.34 (As of Mar. 2026)


NSE:IIFL IIFL Finance Ltd NSE:IIFL
73 GF Score
Price ₹519.55
GF Value ₹605.73
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is IIFL Finance E10?

IIFL Finance NSE:IIFL +0.16% 73 E10 is ₹31.34 as of Mar. 2026. GuruFocus rates NSE:IIFL with a GF Score™ of 73/100 and a GF Value™ of ₹605.73 (Modestly Undervalued). The stock has 4 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.

IIFL Finance's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹13.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹31.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IIFL Finance's average E10 Growth Rate was 9.10% per year. During the past 3 years, the average E10 Growth Rate was 7.90% per year. During the past 5 years, the average E10 Growth Rate was 11.20% 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 IIFL Finance was 16.70% per year. The lowest was 7.90% per year. And the median was 10.30% per year.

As of today (2026-07-05), IIFL Finance's current stock price is ₹519.55. IIFL Finance's E10 for the quarter that ended in Mar. 2026 was ₹31.34. IIFL Finance's Shiller PE Ratio of today is 16.58.

During the past 13 years, the highest Shiller PE Ratio of IIFL Finance was 23.07. The lowest was 3.59. And the median was 14.66.


IIFL Finance  (NSE:IIFL) 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.

IIFL Finance's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=519.55/31.34
=16.58

* 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 IIFL Finance was 23.07. The lowest was 3.59. And the median was 14.66.


Be Aware

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


IIFL Finance E10 Related Terms


IIFL Finance E10 Historical Data

* Premium members only.

The historical data trend for IIFL Finance'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.

IIFL Finance E10 Chart

IIFL Finance 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 21.40 24.94 29.20 28.71 31.34

IIFL Finance 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 28.71 29.12 29.81 30.41 31.34

NSE:IIFL vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, IIFL Finance'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.


IIFL Finance Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, IIFL Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IIFL Finance's Shiller PE Ratio falls into.


NSE:IIFL
73GF Score
IIFL Finance Ltd NSE:IIFL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IIFL Finance 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, IIFL Finance'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)
=13.72/164.2724*164.2724
=13.720

Current CPI (Mar. 2026) = 164.2724.

IIFL Finance Quarterly Data

per share eps CPI Adj_EPS
201606 4.186 105.961 6.490
201609 5.575 105.961 8.643
201612 5.459 105.196 8.525
201703 5.672 105.196 8.857
201706 5.973 107.109 9.161
201709 5.381 109.021 8.108
201712 5.740 109.404 8.619
201803 7.089 109.786 10.607
201806 1.583 111.317 2.336
201809 4.147 115.142 5.917
201812 3.526 115.142 5.031
201903 7.644 118.202 10.623
201906 4.468 120.880 6.072
201909 2.205 123.175 2.941
201912 4.682 126.235 6.093
202003 1.496 124.705 1.971
202006 0.806 127.000 1.043
202009 5.459 130.118 6.892
202012 6.886 130.889 8.642
202103 6.313 131.771 7.870
202106 6.780 134.084 8.306
202109 7.430 135.847 8.985
202112 7.887 138.161 9.378
202203 8.168 138.822 9.665
202206 8.382 142.347 9.673
202209 9.654 144.661 10.963
202212 9.616 145.763 10.837
202303 10.480 146.865 11.722
202306 11.110 150.280 12.144
202309 12.280 151.492 13.316
202312 12.335 152.924 13.250
202403 10.754 153.035 11.544
202406 6.960 155.789 7.339
202409 -3.720 157.882 -3.871
202412 0.950 158.323 0.986
202503 4.850 157.552 5.057
202506 5.450 159.755 5.604
202509 8.800 162.289 8.908
202512 10.850 163.281 10.916
202603 13.720 164.272 13.720

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 ₹31.34 mean?
IIFL Finance (NSE:IIFL) has a E10 of ₹31.34 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IIFL Finance and its competitors.
Is IIFL Finance's E10 too high?
IIFL Finance's current E10 is ₹31.34. Overall, IIFL Finance has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IIFL Finance's E10 compare to V and MA?
IIFL Finance's E10 of ₹31.34 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 IIFL Finance and its competitors. IIFL Finance's current E10 is ₹31.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IIFL Finance stock overvalued right now?
Based on GuruFocus' analysis, IIFL Finance (NSE:IIFL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹605.73, compared to a current price of ₹519.55 — trading 14.2% below its estimated fair value. The current E10 is ₹31.34. IIFL Finance's overall GF Score™ is 73/100 with 4 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 IIFL Finance (NSE:IIFL), the current E10 is ₹31.34 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 IIFL Finance (NSE:IIFL) Overvalued in 2026?

Based on GuruFocus' analysis, IIFL Finance stock appears to be undervalued. The current stock price of ₹519.55 is trading 14.2% below its estimated GF Value™ of ₹605.73. GuruFocus considers IIFL Finance to be Modestly Undervalued.

Key valuation signals for NSE:IIFL:

  • E10: ₹31.34
  • GF Value™: ₹605.73 vs. price of ₹519.55 (14.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


IIFL Finance Business Description

Other Exchanges 532636:India
Address N.S. Phadke Marg, 802, 8th Floor, Hub Town Solaris, Vijay Nagar, Andheri East, Mumbai, MH, IND, 400069
IIFL Finance Ltd and its subsidiaries provide financial services in India. The company is based in India and generates all revenue domestically. It operates under two primary business units: core products and synergistic products. Core products account for the firm's offerings of home loans, gold loans, business loans, and microfinance solutions. Synergistic products involve the company's operations in capital markets, construction, and real estate. Home loans and business loans together make up the operating component of its product offerings.
73GF Score

Get the complete analysis for NSE:IIFL

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

₹519.55
Price
₹605.73
GF Value