Nahar Capital & Financial Services (NSE:NAHARCAP) E10: ₹44.04 (As of Mar. 2026)


NSE:NAHARCAP Nahar Capital & Financial Services Ltd NSE:NAHARCAP
74 GF Score
Price ₹248.65
GF Value ₹314.21
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nahar Capital & Financial Services E10?

Nahar Capital & Financial Services NSE:NAHARCAP -0.05% 74 E10 is ₹44.04 as of Mar. 2026. GuruFocus rates NSE:NAHARCAP with a GF Score™ of 74/100 and a GF Value™ of ₹314.21 (Modestly Undervalued). 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.

Nahar Capital & Financial Services's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹10.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹44.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nahar Capital & Financial Services's average E10 Growth Rate was 8.80% per year. During the past 3 years, the average E10 Growth Rate was 3.40% 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 Nahar Capital & Financial Services was 3.40% per year. The lowest was 3.40% per year. And the median was 3.40% per year.

As of today (2026-07-05), Nahar Capital & Financial Services's current stock price is ₹248.65. Nahar Capital & Financial Services's E10 for the quarter that ended in Mar. 2026 was ₹44.04. Nahar Capital & Financial Services's Shiller PE Ratio of today is 5.65.

During the past 13 years, the highest Shiller PE Ratio of Nahar Capital & Financial Services was 8.81. The lowest was 4.66. And the median was 7.18.


Nahar Capital & Financial Services  (NSE:NAHARCAP) 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.

Nahar Capital & Financial Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=248.65/44.04
=5.65

* 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 Nahar Capital & Financial Services was 8.81. The lowest was 4.66. And the median was 7.18.


Be Aware

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


Nahar Capital & Financial Services E10 Related Terms


Nahar Capital & Financial Services E10 Historical Data

* Premium members only.

The historical data trend for Nahar Capital & Financial Services'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.

Nahar Capital & Financial Services E10 Chart

Nahar Capital & Financial Services 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 40.82 39.24 41.14 44.04

Nahar Capital & Financial Services 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 41.14 42.09 44.39 44.36 44.04

NSE:NAHARCAP vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Nahar Capital & Financial Services'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.


Nahar Capital & Financial Services Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nahar Capital & Financial Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nahar Capital & Financial Services's Shiller PE Ratio falls into.


NSE:NAHARCAP
74GF Score
Nahar Capital & Financial Services Ltd NSE:NAHARCAP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nahar Capital & Financial Services 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, Nahar Capital & Financial Services'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)
=10.86/164.2724*164.2724
=10.860

Current CPI (Mar. 2026) = 164.2724.

Nahar Capital & Financial Services Quarterly Data

per share eps CPI Adj_EPS
201409 4.010 96.780 6.806
201412 1.960 96.780 3.327
201503 3.240 97.163 5.478
201506 2.260 99.841 3.718
201509 3.110 101.753 5.021
201512 0.410 102.901 0.655
201603 18.090 102.518 28.987
201606 5.450 105.961 8.449
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201812 5.840 115.142 8.332
201903 -3.930 118.202 -5.462
201906 2.070 120.880 2.813
201909 -2.910 123.175 -3.881
201912 7.850 126.235 10.215
202003 -4.070 124.705 -5.361
202006 0.560 127.000 0.724
202009 -0.460 130.118 -0.581
202012 14.220 130.889 17.847
202103 22.090 131.771 27.539
202106 34.830 134.084 42.672
202109 33.400 135.847 40.389
202112 42.320 138.161 50.318
202203 24.680 138.822 29.205
202206 31.690 142.347 36.571
202209 19.730 144.661 22.405
202212 2.960 145.763 3.336
202303 9.360 146.865 10.469
202306 -1.290 150.280 -1.410
202309 3.110 151.492 3.372
202312 -0.090 152.924 -0.097
202403 5.300 153.035 5.689
202406 6.980 155.789 7.360
202409 6.230 157.882 6.482
202412 3.870 158.323 4.015
202503 12.670 157.552 13.210
202506 6.860 159.755 7.054
202509 12.170 162.289 12.319
202512 7.810 163.281 7.857
202603 10.860 164.272 10.860

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 ₹44.04 mean?
Nahar Capital & Financial Services (NSE:NAHARCAP) has a E10 of ₹44.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nahar Capital & Financial Services and its competitors.
Is Nahar Capital & Financial Services' E10 too high?
Nahar Capital & Financial Services' current E10 is ₹44.04. Overall, Nahar Capital & Financial Services has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nahar Capital & Financial Services' E10 compare to MS and GS?
Nahar Capital & Financial Services' E10 of ₹44.04 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Nahar Capital & Financial Services and its competitors. Nahar Capital & Financial Services's current E10 is ₹44.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nahar Capital & Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Nahar Capital & Financial Services (NSE:NAHARCAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹314.21, compared to a current price of ₹248.65 — trading 20.9% below its estimated fair value. The current E10 is ₹44.04. Nahar Capital & Financial Services' overall GF Score™ is 74/100 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 Nahar Capital & Financial Services (NSE:NAHARCAP), the current E10 is ₹44.04 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 Nahar Capital & Financial Services (NSE:NAHARCAP) Overvalued in 2026?

Based on GuruFocus' analysis, Nahar Capital & Financial Services stock appears to be undervalued. The current stock price of ₹248.65 is trading 20.9% below its estimated GF Value™ of ₹314.21. GuruFocus considers Nahar Capital & Financial Services to be Modestly Undervalued.

Key valuation signals for NSE:NAHARCAP:

  • E10: ₹44.04
  • GF Value™: ₹314.21 vs. price of ₹248.65 (20.9% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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


Nahar Capital & Financial Services Business Description

Other Exchanges 532952:India
Address 375, Industrial Area - A, Nahar Tower, Ludhiana, PB, IND, 141003
Nahar Capital & Financial Services Ltd is a non-deposit non-banking financial service (NBFC) company. It is engaged in investment and financial activities. The company's segment includes Investment/Financial activity and Real estate activity. It generates maximum revenue from the Investment/Financial activity segment, which consists of Long Term investment and Strategic Investments, and Short Term Investment activities. The Company also makes investments in equity and debt securities, both in Primary and Secondary Markets, directly as well as through Mutual Funds, Portfolio Management Services, Alternative Investment Funds, etc.
74GF Score

Get the complete analysis for NSE:NAHARCAP

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

₹248.65
Price
₹314.21
GF Value