IZMO (NSE:IZMO) E10: ₹17.81 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:IZMO IZMO Ltd NSE:IZMO
72 GF Score
Price ₹1,080.40
GF Value ₹499.36
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is IZMO E10?

IZMO NSE:IZMO -3.88% 72 E10 is ₹17.81 as of Mar. 2026. GuruFocus rates NSE:IZMO with a GF Score™ of 72/100 and a GF Value™ of ₹499.36 (Significantly Overvalued). The stock has 5 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.

IZMO's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹11.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹17.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IZMO's average E10 Growth Rate was 31.30% per year. During the past 3 years, the average E10 Growth Rate was 32.60% per year. During the past 5 years, the average E10 Growth Rate was 26.00% 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 IZMO was 32.60% per year. The lowest was 18.60% per year. And the median was 26.10% per year.

As of today (2026-07-21), IZMO's current stock price is ₹1080.40. IZMO's E10 for the quarter that ended in Mar. 2026 was ₹17.81. IZMO's Shiller PE Ratio of today is 60.66.

During the past 13 years, the highest Shiller PE Ratio of IZMO was 96.12. The lowest was 8.66. And the median was 22.87.


IZMO  (NSE:IZMO) 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.

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

Shiller PE Ratio=Share Price/E10
=1080.40/17.81
=60.66

* 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 IZMO was 96.12. The lowest was 8.66. And the median was 22.87.


Be Aware

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


IZMO E10 Related Terms


IZMO E10 Historical Data

* Premium members only.

The historical data trend for IZMO'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.

IZMO E10 Chart

IZMO 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 6.78 7.61 9.36 13.62 17.81

IZMO 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 13.62 13.91 14.99 15.80 17.81

NSE:IZMO vs UBER, SHOP, CRM: E10 Comparison

For the Software - Application subindustry, IZMO'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.


IZMO Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, IZMO's Shiller PE Ratio distribution charts can be found below:

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


NSE:IZMO
72GF Score
IZMO Ltd NSE:IZMO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IZMO 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, IZMO'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)
=11.56/164.2724*164.2724
=11.560

Current CPI (Mar. 2026) = 164.2724.

IZMO Quarterly Data

per share eps CPI Adj_EPS
201606 1.230 105.961 1.907
201609 0.810 105.961 1.256
201612 1.260 105.196 1.968
201703 1.230 105.196 1.921
201706 1.430 107.109 2.193
201709 1.700 109.021 2.562
201712 2.480 109.404 3.724
201803 -0.840 109.786 -1.257
201806 1.340 111.317 1.977
201809 1.380 115.142 1.969
201812 2.110 115.142 3.010
201903 0.400 118.202 0.556
201906 0.570 120.880 0.775
201909 0.580 123.175 0.774
201912 4.710 126.235 6.129
202003 2.670 124.705 3.517
202006 1.000 127.000 1.293
202009 9.190 130.118 11.602
202012 6.340 130.889 7.957
202103 3.850 131.771 4.800
202106 1.300 134.084 1.593
202109 1.510 135.847 1.826
202112 4.700 138.161 5.588
202203 4.510 138.822 5.337
202206 1.570 142.347 1.812
202209 2.310 144.661 2.623
202212 4.880 145.763 5.500
202303 6.180 146.865 6.913
202306 3.730 150.280 4.077
202309 3.810 151.492 4.131
202312 5.120 152.924 5.500
202403 6.630 153.035 7.117
202406 4.270 155.789 4.503
202409 21.140 157.882 21.996
202412 4.070 158.323 4.223
202503 4.630 157.552 4.828
202506 4.030 159.755 4.144
202509 8.430 162.289 8.533
202512 7.830 163.281 7.878
202603 11.560 164.272 11.560

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 ₹17.81 mean?
IZMO (NSE:IZMO) has a E10 of ₹17.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IZMO and its competitors.
Is IZMO's E10 too high?
IZMO's current E10 is ₹17.81. Overall, IZMO has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IZMO's E10 compare to UBER and SHOP?
IZMO's E10 of ₹17.81 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 IZMO and its competitors. IZMO's current E10 is ₹17.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IZMO stock overvalued right now?
Based on GuruFocus' analysis, IZMO (NSE:IZMO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹499.36, compared to a current price of ₹1,080.40 — trading 116.4% above its estimated fair value. The current E10 is ₹17.81. IZMO's overall GF Score™ is 72/100 with 5 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 IZMO (NSE:IZMO), the current E10 is ₹17.81 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 IZMO (NSE:IZMO) Overvalued in 2026?

Based on GuruFocus' analysis, IZMO stock appears to be overvalued. The current stock price of ₹1,080.40 is trading 116.4% above its estimated GF Value™ of ₹499.36. GuruFocus considers IZMO to be Significantly Overvalued.

Key valuation signals for NSE:IZMO:

  • E10: ₹17.81
  • GF Value™: ₹499.36 vs. price of ₹1,080.40 (116.4% above fair value)
  • GF Score™: 72/100 with 5 warning signs

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


IZMO Business Description

Other Exchanges 532341:India
Address Bannerghatta Road, Billekahalli Industrial Area, 177/2C, P.O. Box 7620, Bangalore, KA, IND, 560 076
IZMO Ltd is an India-based company engaged in interactive marketing solutions. It offers high-tech automotive e-retailing solutions. Geographically, the reportable segments are Export and Domestic, and the majority of revenue is generated from exports.
72GF Score

Get the complete analysis for NSE:IZMO

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

₹1,080.40
Price
₹499.36
GF Value