Nesco (NSE:NESCO) E10: ₹43.78 (As of Jun. 2026)

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NSE:NESCO Nesco Ltd NSE:NESCO
88 GF Score
Price ₹1,033.00
GF Value ₹1,323.27
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Nesco E10?

Nesco NSE:NESCO -0.16% 88 E10 is ₹43.78 as of Jun. 2026. GuruFocus rates NSE:NESCO with a GF Score™ of 88/100 and a GF Value™ of ₹1,323.27 (Modestly Undervalued). The stock has 3 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.

Nesco's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹14.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹43.78 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nesco's average E10 Growth Rate was 14.00% per year. During the past 3 years, the average E10 Growth Rate was 14.40% 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 Nesco was 14.40% per year. The lowest was 13.40% per year. And the median was 13.90% per year.

As of today (2026-08-20), Nesco's current stock price is ₹1033.00. Nesco's E10 for the quarter that ended in Jun. 2026 was ₹43.78. Nesco's Shiller PE Ratio of today is 23.60.

During the past 13 years, the highest Shiller PE Ratio of Nesco was 40.00. The lowest was 18.22. And the median was 25.67.


Nesco  (NSE:NESCO) 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.

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

Shiller PE Ratio=Share Price/E10
=1033.00/43.78
=23.60

* 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 Nesco was 40.00. The lowest was 18.22. And the median was 25.67.


Be Aware

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


Nesco E10 Related Terms


Nesco E10 Historical Data

* Premium members only.

The historical data trend for Nesco'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.

Nesco E10 Chart

Nesco 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 25.24 28.42 32.59 36.84 42.39

Nesco 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 38.36 40.32 41.42 42.39 43.78

NSE:NESCO vs MMM, HON: E10 Comparison

For the Conglomerates subindustry, Nesco'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.


Nesco Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nesco's Shiller PE Ratio distribution charts can be found below:

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


NSE:NESCO
88GF Score
Nesco Ltd NSE:NESCO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nesco 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, Nesco'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)
=14.19/167.3573*167.3573
=14.190

Current CPI (Jun. 2026) = 167.3573.

Nesco Quarterly Data

per share eps CPI Adj_EPS
201409 3.770 96.780 6.519
201412 4.368 96.780 7.553
201503 4.140 97.163 7.131
201506 3.188 99.841 5.344
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 5.220 111.317 7.848
201809 6.990 115.142 10.160
201812 5.950 115.142 8.648
201903 7.310 118.202 10.350
201906 5.380 120.880 7.449
201909 10.500 123.175 14.266
201912 9.810 126.235 13.006
202003 7.510 124.705 10.079
202006 7.280 127.000 9.593
202009 4.610 130.118 5.929
202012 6.950 130.889 8.886
202103 5.640 131.771 7.163
202106 6.010 134.084 7.501
202109 6.240 135.847 7.687
202112 7.000 138.161 8.479
202203 7.600 138.822 9.162
202206 7.620 142.347 8.959
202209 11.620 144.661 13.443
202212 9.950 145.763 11.424
202303 12.060 146.865 13.743
202306 10.800 150.280 12.027
202309 12.460 151.492 13.765
202312 13.300 152.924 14.555
202403 14.920 153.035 16.316
202406 9.900 155.789 10.635
202409 15.170 157.882 16.080
202412 15.600 158.323 16.490
202503 12.580 157.552 13.363
202506 13.640 159.755 14.289
202509 16.880 162.289 17.407
202512 14.850 163.281 15.221
202603 13.210 164.272 13.458
202606 14.190 167.357 14.190

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 ₹43.78 mean?
Nesco (NSE:NESCO) has a E10 of ₹43.78 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nesco and its competitors.
Is Nesco's E10 too high?
Nesco's current E10 is ₹43.78. Overall, Nesco has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nesco's E10 compare to MMM and HON?
Nesco's E10 of ₹43.78 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Nesco and its competitors. Nesco's current E10 is ₹43.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nesco stock overvalued right now?
Based on GuruFocus' analysis, Nesco (NSE:NESCO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,323.27, compared to a current price of ₹1,033.00 — trading 21.9% below its estimated fair value. The current E10 is ₹43.78. Nesco's overall GF Score™ is 88/100 with 3 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 Nesco (NSE:NESCO), the current E10 is ₹43.78 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 Nesco (NSE:NESCO) Overvalued in 2026?

Based on GuruFocus' analysis, Nesco stock appears to be undervalued. The current stock price of ₹1,033.00 is trading 21.9% below its estimated GF Value™ of ₹1,323.27. GuruFocus considers Nesco to be Modestly Undervalued.

Key valuation signals for NSE:NESCO:

  • E10: ₹43.78
  • GF Value™: ₹1,323.27 vs. price of ₹1,033.00 (21.9% below fair value)
  • GF Score™: 88/100 with 3 warning signs

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


Nesco Business Description

Other Exchanges 505355:India
Address Western Express Highway, Nesco Center, Goregaon (East), Mumbai, MH, IND, 400 063
Nesco Ltd has a diversified portfolio of businesses. The company's operating segments include Indabrator, Bombay Exhibition Centre, Nesco Realty, Nesco Foods, and others. It generates maximum revenue from the Nesco Realty segment. The Nesco Realty segment includes licensing premises in IT park buildings and providing related services. The Bombay Exhibition Center segment includes licensing premises for exhibitions and providing services to the organisers. The Industrial Capital Goods Division segment is involved in the manufacturing of machines and capital equipment. Nesco Foods segment includes F&B and catering services.
88GF Score

Get the complete analysis for NSE:NESCO

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

₹1,033.00
Price
₹1,323.27
GF Value