India Tourism Development (NSE:ITDC) E10: ₹4.94 (As of Mar. 2026)


NSE:ITDC India Tourism Development Corp Ltd NSE:ITDC
81 GF Score
Price ₹599.35
GF Value ₹572.34
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is India Tourism Development E10?

India Tourism Development NSE:ITDC -0.64% 81 E10 is ₹4.94 as of Mar. 2026. GuruFocus rates NSE:ITDC with a GF Score™ of 81/100 and a GF Value™ of ₹572.34 (Fairly Valued). The stock has 3 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.

India Tourism Development's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.94 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 (2026-06-28), India Tourism Development's current stock price is ₹599.35. India Tourism Development's E10 for the quarter that ended in Mar. 2026 was ₹4.94. India Tourism Development's Shiller PE Ratio of today is 121.33.

During the past 13 years, the highest Shiller PE Ratio of India Tourism Development was 156.06. The lowest was 81.94. And the median was 127.68.


India Tourism Development  (NSE:ITDC) 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.

India Tourism Development's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=599.35/4.94
=121.33

* 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 India Tourism Development was 156.06. The lowest was 81.94. And the median was 127.68.


Be Aware

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


India Tourism Development E10 Related Terms


India Tourism Development E10 Historical Data

* Premium members only.

The historical data trend for India Tourism Development'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.

India Tourism Development E10 Chart

India Tourism Development 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 0.00 0.00 0.00 0.00 4.94

India Tourism Development 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 0.00 4.15 4.34 4.64 4.94

NSE:ITDC vs MAR, HLT, H: E10 Comparison

For the Lodging subindustry, India Tourism Development'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.


India Tourism Development Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Shiller PE Ratio falls into.


NSE:ITDC
81GF Score
India Tourism Development Corp Ltd NSE:ITDC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Tourism Development 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, India Tourism Development'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)
=3.3/164.2724*164.2724
=3.300

Current CPI (Mar. 2026) = 164.2724.

India Tourism Development Quarterly Data

per share eps CPI Adj_EPS
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 0.755 111.317 1.114
201809 0.973 115.142 1.388
201812 0.600 115.142 0.856
201903 1.985 118.202 2.759
201906 0.015 120.880 0.020
201909 0.008 123.175 0.011
201912 1.170 126.235 1.523
202003 1.071 124.705 1.411
202006 -1.699 127.000 -2.198
202009 -2.152 130.118 -2.717
202012 -1.170 130.889 -1.468
202103 0.964 131.771 1.202
202106 -0.313 134.084 -0.383
202109 0.446 135.847 0.539
202112 0.130 138.161 0.155
202203 0.250 138.822 0.296
202206 1.230 142.347 1.419
202209 1.400 144.661 1.590
202212 2.650 145.763 2.987
202303 1.310 146.865 1.465
202306 1.990 150.280 2.175
202309 2.210 151.492 2.396
202312 2.110 152.924 2.267
202403 1.110 153.035 1.192
202406 1.370 155.789 1.445
202409 2.760 157.882 2.872
202412 2.410 158.323 2.501
202503 2.890 157.552 3.013
202506 1.140 159.755 1.172
202509 1.910 162.289 1.933
202512 3.260 163.281 3.280
202603 3.300 164.272 3.300

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 ₹4.94 mean?
India Tourism Development (NSE:ITDC) has a E10 of ₹4.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on India Tourism Development and its competitors.
Is India Tourism Development's E10 too high?
India Tourism Development's current E10 is ₹4.94. Overall, India Tourism Development has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does India Tourism Development's E10 compare to MAR and HLT?
India Tourism Development's E10 of ₹4.94 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 India Tourism Development and its competitors. India Tourism Development's current E10 is ₹4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Tourism Development stock overvalued right now?
Based on GuruFocus' analysis, India Tourism Development (NSE:ITDC) is currently considered Fairly Valued. The stock's GF Value™ is ₹572.34, compared to a current price of ₹599.35 — trading 4.7% above its estimated fair value. The current E10 is ₹4.94. India Tourism Development's overall GF Score™ is 81/100 with 3 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 India Tourism Development (NSE:ITDC), the current E10 is ₹4.94 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 India Tourism Development (NSE:ITDC) Overvalued in 2026?

Based on GuruFocus' analysis, India Tourism Development stock appears to be overvalued. The current stock price of ₹599.35 is trading 4.7% above its estimated GF Value™ of ₹572.34. GuruFocus considers India Tourism Development to be Fairly Valued.

Key valuation signals for NSE:ITDC:

  • E10: ₹4.94
  • GF Value™: ₹572.34 vs. price of ₹599.35 (4.7% above fair value)
  • GF Score™: 81/100 with 3 warning signs

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


India Tourism Development Business Description

Other Exchanges 532189:India
Address 7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.
81GF Score

Get the complete analysis for NSE:ITDC

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

₹599.35
Price
₹572.34
GF Value