Just Dial (NSE:JUSTDIAL) E10: ₹44.07 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:JUSTDIAL Just Dial Ltd NSE:JUSTDIAL
84 GF Score
Price ₹728.95
GF Value ₹1,030.69
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Just Dial E10?

Just Dial NSE:JUSTDIAL +0.63% 84 E10 is ₹44.07 as of Jun. 2026. GuruFocus rates NSE:JUSTDIAL with a GF Score™ of 84/100 and a GF Value™ of ₹1,030.69 (Modestly Undervalued). The stock has 1 warning sign 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.

Just Dial's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹19.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹44.07 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Just Dial's average E10 Growth Rate was 12.60% per year. During the past 3 years, the average E10 Growth Rate was 14.20% 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 Just Dial was 14.20% per year. The lowest was 14.20% per year. And the median was 14.20% per year.

As of today (2026-07-25), Just Dial's current stock price is ₹728.95. Just Dial's E10 for the quarter that ended in Jun. 2026 was ₹44.07. Just Dial's Shiller PE Ratio of today is 16.54.

During the past 13 years, the highest Shiller PE Ratio of Just Dial was 40.09. The lowest was 11.98. And the median was 24.67.


Just Dial  (NSE:JUSTDIAL) 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.

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

Shiller PE Ratio=Share Price/E10
=728.95/44.07
=16.54

* 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 Just Dial was 40.09. The lowest was 11.98. And the median was 24.67.


Be Aware

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


Just Dial E10 Related Terms


Just Dial E10 Historical Data

* Premium members only.

The historical data trend for Just Dial'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.

Just Dial E10 Chart

Just Dial 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 28.51 31.19 37.26 42.61

Just Dial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 39.16 40.59 41.72 42.61 44.07

NSE:JUSTDIAL vs GOOGL, META, SPOT: E10 Comparison

For the Internet Content & Information subindustry, Just Dial'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.


Just Dial Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Just Dial's Shiller PE Ratio distribution charts can be found below:

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


NSE:JUSTDIAL
84GF Score
Just Dial Ltd NSE:JUSTDIAL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Just Dial 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, Just Dial's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=19.54/166.1454*166.1454
=19.540

Current CPI (Jun. 2026) = 166.1454.

Just Dial Quarterly Data

per share eps CPI Adj_EPS
201406 3.990 94.103 7.045
201409 4.450 96.780 7.639
201412 4.530 96.780 7.777
201503 6.640 97.163 11.354
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 5.710 111.317 8.522
201809 7.170 115.142 10.346
201812 8.490 115.142 12.251
201903 9.662 118.202 13.581
201906 8.790 120.880 12.082
201909 11.770 123.175 15.876
201912 9.490 126.235 12.490
202003 11.720 124.705 15.615
202006 12.700 127.000 16.615
202009 7.300 130.118 9.321
202012 7.900 130.889 10.028
202103 5.200 131.771 6.557
202106 -0.570 134.084 -0.706
202109 2.290 135.847 2.801
202112 2.290 138.161 2.754
202203 2.640 138.822 3.160
202206 -5.750 142.347 -6.711
202209 6.140 144.661 7.052
202212 8.870 145.763 10.110
202303 9.830 146.865 11.121
202306 9.800 150.280 10.835
202309 8.440 151.492 9.256
202312 10.820 152.924 11.755
202403 13.590 153.035 14.754
202406 16.600 155.789 17.704
202409 18.120 157.882 19.068
202412 15.440 158.323 16.203
202503 18.530 157.552 19.541
202506 18.770 159.755 19.521
202509 14.040 162.289 14.374
202512 16.350 163.281 16.637
202603 11.760 164.272 11.894
202606 19.540 166.145 19.540

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 ₹44.07 mean?
Just Dial (NSE:JUSTDIAL) has a E10 of ₹44.07 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Just Dial and its competitors.
Is Just Dial's E10 too high?
Just Dial's current E10 is ₹44.07. Overall, Just Dial has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Just Dial's E10 compare to GOOGL and META?
Just Dial's E10 of ₹44.07 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good E10 depends on the Interactive Media 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 Just Dial and its competitors. Just Dial's current E10 is ₹44.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Just Dial stock overvalued right now?
Based on GuruFocus' analysis, Just Dial (NSE:JUSTDIAL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,030.69, compared to a current price of ₹728.95 — trading 29.3% below its estimated fair value. The current E10 is ₹44.07. Just Dial's overall GF Score™ is 84/100 with 1 warning sign 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 Just Dial (NSE:JUSTDIAL), the current E10 is ₹44.07 as of Jun. 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 Just Dial (NSE:JUSTDIAL) Overvalued in 2026?

Based on GuruFocus' analysis, Just Dial stock appears to be undervalued. The current stock price of ₹728.95 is trading 29.3% below its estimated GF Value™ of ₹1,030.69. GuruFocus considers Just Dial to be Modestly Undervalued.

Key valuation signals for NSE:JUSTDIAL:

  • E10: ₹44.07
  • GF Value™: ₹1,030.69 vs. price of ₹728.95 (29.3% below fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Just Dial Business Description

Other Exchanges 535648:India
Address 5th Floor, New Link Road, 501/B, 5th Floor, Palm Court, Building M, Besides Goregaon Sports Complex, Malad (West), Mumbai, MH, IND, 400064
Just Dial Ltd provides local search related services to users in India through multiple platforms such as Desktop/ PC website, mobile site, mobile apps, over the telephone and text. The company's mobile app is an All-in-One App, replete with features such as map-aided search, Live TV, Videos, News, and a Real-Time Chat Messenger, Augmented Reality, an Online Movie finder, Cricket, Music, and Radio, to make the consumer's life infinitely smoother and more engaging. It has also launched an end-to-end business management solution for SMEs, enabling thousands of SMEs to run their businesses efficiently online and maintain an adequate online presence through their own websites and mobile sites.
84GF Score

Get the complete analysis for NSE:JUSTDIAL

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

₹728.95
Price
₹1,030.69
GF Value