N.B.I. Industrial Finance Co (NSE:NBIFIN) E10: ₹80.77 (As of Mar. 2026)


NSE:NBIFIN N.B.I. Industrial Finance Co Ltd NSE:NBIFIN
89 GF Score
Price ₹1,900.60
GF Value ₹2,733.61
Valuation Significantly Undervalued
! 1 Warning Sign
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What is N.B.I. Industrial Finance Co E10?

N.B.I. Industrial Finance Co NSE:NBIFIN +0.04% 89 E10 is ₹80.77 as of Mar. 2026. GuruFocus rates NSE:NBIFIN with a GF Score™ of 89/100 and a GF Value™ of ₹2,733.61 (Significantly 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.

N.B.I. Industrial Finance Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹80.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, N.B.I. Industrial Finance Co's average E10 Growth Rate was 6.90% per year. During the past 3 years, the average E10 Growth Rate was 5.50% per year. During the past 5 years, the average E10 Growth Rate was 5.80% 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 N.B.I. Industrial Finance Co was 6.30% per year. The lowest was 5.50% per year. And the median was 5.80% per year.

As of today (2026-07-08), N.B.I. Industrial Finance Co's current stock price is ₹1900.60. N.B.I. Industrial Finance Co's E10 for the quarter that ended in Mar. 2026 was ₹80.77. N.B.I. Industrial Finance Co's Shiller PE Ratio of today is 23.53.

During the past 13 years, the highest Shiller PE Ratio of N.B.I. Industrial Finance Co was 53.78. The lowest was 20.49. And the median was 29.07.


N.B.I. Industrial Finance Co  (NSE:NBIFIN) 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.

N.B.I. Industrial Finance Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1900.60/80.77
=23.53

* 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 N.B.I. Industrial Finance Co was 53.78. The lowest was 20.49. And the median was 29.07.


Be Aware

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


N.B.I. Industrial Finance Co E10 Related Terms


N.B.I. Industrial Finance Co E10 Historical Data

* Premium members only.

The historical data trend for N.B.I. Industrial Finance Co'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.

N.B.I. Industrial Finance Co E10 Chart

N.B.I. Industrial Finance Co 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 63.74 68.71 73.14 75.53 80.77

N.B.I. Industrial Finance Co 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 75.53 76.44 79.67 81.60 80.77

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

For the Capital Markets subindustry, N.B.I. Industrial Finance Co'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.


N.B.I. Industrial Finance Co Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, N.B.I. Industrial Finance Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where N.B.I. Industrial Finance Co's Shiller PE Ratio falls into.


NSE:NBIFIN
89GF Score
N.B.I. Industrial Finance Co Ltd NSE:NBIFIN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

N.B.I. Industrial Finance Co 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, N.B.I. Industrial Finance Co'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)
=0.88/164.2724*164.2724
=0.880

Current CPI (Mar. 2026) = 164.2724.

N.B.I. Industrial Finance Co Quarterly Data

per share eps CPI Adj_EPS
201606 -0.895 105.961 -1.388
201609 10.790 105.961 16.728
201612 -0.070 105.196 -0.109
201703 318.550 105.196 497.443
201706 3.380 107.109 5.184
201709 10.140 109.021 15.279
201712 -0.570 109.404 -0.856
201803 2.660 109.786 3.980
201806 -2.490 111.317 -3.675
201809 11.830 115.142 16.878
201812 0.660 115.142 0.942
201903 7.300 118.202 10.145
201906 0.230 120.880 0.313
201909 14.060 123.175 18.751
201912 0.510 126.235 0.664
202003 37.950 124.705 49.991
202006 3.960 127.000 5.122
202009 0.870 130.118 1.098
202012 0.530 130.889 0.665
202103 1.210 131.771 1.508
202106 1.250 134.084 1.531
202109 16.620 135.847 20.098
202112 1.060 138.161 1.260
202203 13.410 138.822 15.868
202206 0.420 142.347 0.485
202209 9.660 144.661 10.970
202212 0.140 145.763 0.158
202303 11.250 146.865 12.583
202306 15.190 150.280 16.604
202309 0.660 151.492 0.716
202312 1.370 152.924 1.472
202403 14.800 153.035 15.887
202406 -1.090 155.789 -1.149
202409 14.250 157.882 14.827
202412 1.140 158.323 1.183
202503 13.580 157.552 14.159
202506 -1.180 159.755 -1.213
202509 20.410 162.289 20.659
202512 21.950 163.281 22.083
202603 0.880 164.272 0.880

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 ₹80.77 mean?
N.B.I. Industrial Finance Co (NSE:NBIFIN) has a E10 of ₹80.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on N.B.I. Industrial Finance Co and its competitors.
Is N.B.I. Industrial Finance Co's E10 too high?
N.B.I. Industrial Finance Co's current E10 is ₹80.77. Overall, N.B.I. Industrial Finance Co has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does N.B.I. Industrial Finance Co's E10 compare to MS and GS?
N.B.I. Industrial Finance Co's E10 of ₹80.77 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 N.B.I. Industrial Finance Co and its competitors. N.B.I. Industrial Finance Co's current E10 is ₹80.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N.B.I. Industrial Finance Co stock overvalued right now?
Based on GuruFocus' analysis, N.B.I. Industrial Finance Co (NSE:NBIFIN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,733.61, compared to a current price of ₹1,900.60 — trading 30.5% below its estimated fair value. The current E10 is ₹80.77. N.B.I. Industrial Finance Co's overall GF Score™ is 89/100 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 N.B.I. Industrial Finance Co (NSE:NBIFIN), the current E10 is ₹80.77 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 N.B.I. Industrial Finance Co (NSE:NBIFIN) Overvalued in 2026?

Based on GuruFocus' analysis, N.B.I. Industrial Finance Co stock appears to be undervalued. The current stock price of ₹1,900.60 is trading 30.5% below its estimated GF Value™ of ₹2,733.61. GuruFocus considers N.B.I. Industrial Finance Co to be Significantly Undervalued.

Key valuation signals for NSE:NBIFIN:

  • E10: ₹80.77
  • GF Value™: ₹2,733.61 vs. price of ₹1,900.60 (30.5% below fair value)
  • GF Score™: 89/100 with 1 warning sign

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


N.B.I. Industrial Finance Co Business Description

Address No. 21, Strand Road, Ground Floor, Kolkata, WB, IND, 700001
N.B.I. Industrial Finance Co Ltd is a non-banking financial company also engaged in financial activities in India. It invests in securities and shares of listed companies.
89GF Score

Get the complete analysis for NSE:NBIFIN

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

₹1,900.60
Price
₹2,733.61
GF Value