MPS (NSE:MPSLTD) E10: ₹68.01 (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:MPSLTD MPS Ltd NSE:MPSLTD
78 GF Score
Price ₹2,769.70
GF Value ₹2,560.72
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is MPS E10?

MPS NSE:MPSLTD +4.80% 78 E10 is ₹68.01 as of Jun. 2026. GuruFocus rates NSE:MPSLTD with a GF Score™ of 78/100 and a GF Value™ of ₹2,560.72 (Fairly Valued). 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.

MPS's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹29.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹68.01 for the trailing ten years ended in Jun. 2026.

During the past 12 months, MPS's average E10 Growth Rate was 12.10% per year. During the past 3 years, the average E10 Growth Rate was 9.70% per year. During the past 5 years, the average E10 Growth Rate was 9.90% 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 MPS was 10.30% per year. The lowest was 9.70% per year. And the median was 9.80% per year.

As of today (2026-07-25), MPS's current stock price is ₹2769.70. MPS's E10 for the quarter that ended in Jun. 2026 was ₹68.01. MPS's Shiller PE Ratio of today is 40.72.

During the past 13 years, the highest Shiller PE Ratio of MPS was 50.08. The lowest was 8.51. And the median was 25.49.


MPS  (NSE:MPSLTD) 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.

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

Shiller PE Ratio=Share Price/E10
=2769.70/68.01
=40.72

* 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 MPS was 50.08. The lowest was 8.51. And the median was 25.49.


Be Aware

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


MPS E10 Related Terms


MPS E10 Historical Data

* Premium members only.

The historical data trend for MPS'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.

MPS E10 Chart

MPS 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 44.12 49.50 54.79 59.15 66.02

MPS 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 60.84 64.00 64.53 66.02 68.01

NSE:MPSLTD vs NYT, WLY: E10 Comparison

For the Publishing subindustry, MPS'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.


MPS Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MPS's Shiller PE Ratio distribution charts can be found below:

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


NSE:MPSLTD
78GF Score
MPS Ltd NSE:MPSLTD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MPS 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, MPS'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)
=29.69/166.1454*166.1454
=29.690

Current CPI (Jun. 2026) = 166.1454.

MPS Quarterly Data

per share eps CPI Adj_EPS
201609 10.950 105.961 17.169
201612 9.610 105.196 15.178
201703 8.420 105.196 13.298
201706 10.980 107.109 17.032
201709 9.150 109.021 13.944
201712 9.430 109.404 14.321
201803 8.140 109.786 12.319
201806 8.210 111.317 12.254
201809 10.020 115.142 14.458
201812 10.460 115.142 15.093
201903 12.140 118.202 17.064
201906 8.260 120.880 11.353
201909 11.870 123.175 16.011
201912 6.950 126.235 9.147
202003 5.070 124.705 6.755
202006 7.440 127.000 9.733
202009 7.470 130.118 9.538
202012 9.900 130.889 12.567
202103 7.150 131.771 9.015
202106 11.860 134.084 14.696
202109 12.000 135.847 14.676
202112 12.180 138.161 14.647
202203 12.570 138.822 15.044
202206 12.070 142.347 14.088
202209 15.700 144.661 18.032
202212 17.280 145.763 19.696
202303 18.785 146.865 21.251
202306 17.840 150.280 19.723
202309 17.700 151.492 19.412
202312 17.500 152.924 19.013
202403 16.930 153.035 18.380
202406 15.260 155.789 16.274
202409 20.760 157.882 21.847
202412 23.990 158.323 25.175
202503 27.740 157.552 29.253
202506 20.760 159.755 21.590
202509 32.640 162.289 33.416
202512 20.910 163.281 21.277
202603 27.710 164.272 28.026
202606 29.690 166.145 29.690

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 ₹68.01 mean?
MPS (NSE:MPSLTD) has a E10 of ₹68.01 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MPS and its competitors.
Is MPS's E10 too high?
MPS's current E10 is ₹68.01. Overall, MPS has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MPS's E10 compare to NYT and WLY?
MPS's E10 of ₹68.01 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 MPS and its competitors. MPS's current E10 is ₹68.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPS stock overvalued right now?
Based on GuruFocus' analysis, MPS (NSE:MPSLTD) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,560.72, compared to a current price of ₹2,769.70 — trading 8.2% above its estimated fair value. The current E10 is ₹68.01. MPS's overall GF Score™ is 78/100 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 MPS (NSE:MPSLTD), the current E10 is ₹68.01 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 MPS (NSE:MPSLTD) Overvalued in 2026?

Based on GuruFocus' analysis, MPS stock appears to be overvalued. The current stock price of ₹2,769.70 is trading 8.2% above its estimated GF Value™ of ₹2,560.72. GuruFocus considers MPS to be Fairly Valued.

Key valuation signals for NSE:MPSLTD:

  • E10: ₹68.01
  • GF Value™: ₹2,560.72 vs. price of ₹2,769.70 (8.2% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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


MPS Business Description

Other Exchanges 532440:India
Address A-1, Tower-A, 4th Floor, Windsor IT Park, Sector 125, Noida, UP, IND, 201303
MPS Ltd is an India-based company engaged in the business of offering platforms and publishing solutions. The operating segments of the group are Content solutions, eLearning solutions and Platform solutions. It derives a majority of the revenue from the Content solutions segment, which involves creating and developing content for print and digital delivery. It includes content authoring/development, content production, content transformation, fulfilment, and customer support services. Geographically, the group has a business presence in India, the USA, Europe, and other countries. The company's platforms include DigiCore, MPSTrak, THINK360, ScholarStor, and others.
78GF Score

Get the complete analysis for NSE:MPSLTD

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

₹2,769.70
Price
₹2,560.72
GF Value