Nestle India (NSE:NESTLEIND) E10: ₹13.76 (As of Mar. 2026)


NSE:NESTLEIND Nestle India Ltd NSE:NESTLEIND
98 GF Score
Price ₹1,402.60
GF Value ₹1,477.64
Valuation Fairly Valued
! 3 Warning Signs
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What is Nestle India E10?

Nestle India NSE:NESTLEIND +1.45% 98 E10 is ₹13.76 as of Mar. 2026. GuruFocus rates NSE:NESTLEIND with a GF Score™ of 98/100 and a GF Value™ of ₹1,477.64 (Fairly Valued). 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.

Nestle India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹5.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹13.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nestle India's average E10 Growth Rate was 15.60% per year. During the past 3 years, the average E10 Growth Rate was 14.80% per year. During the past 5 years, the average E10 Growth Rate was 11.90% 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 Nestle India was 14.80% per year. The lowest was 7.90% per year. And the median was 12.10% per year.

As of today (2026-06-27), Nestle India's current stock price is ₹1402.60. Nestle India's E10 for the quarter that ended in Mar. 2026 was ₹13.76. Nestle India's Shiller PE Ratio of today is 101.93.

During the past 13 years, the highest Shiller PE Ratio of Nestle India was 123.86. The lowest was 78.05. And the median was 101.07.


Nestle India  (NSE:NESTLEIND) 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.

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

Shiller PE Ratio=Share Price/E10
=1402.60/13.76
=101.93

* 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 Nestle India was 123.86. The lowest was 78.05. And the median was 101.07.


Be Aware

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


Nestle India E10 Related Terms


Nestle India E10 Historical Data

* Premium members only.

The historical data trend for Nestle India'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.

Nestle India E10 Chart

Nestle India Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.44 9.09 9.86 11.90 13.76

Nestle India Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 11.90 12.13 12.76 13.26 13.76

NSE:NESTLEIND vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Nestle India'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.


Nestle India Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle India's Shiller PE Ratio distribution charts can be found below:

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


NSE:NESTLEIND
98GF Score
Nestle India Ltd NSE:NESTLEIND
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nestle India 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, Nestle India'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)
=5.77/164.2724*164.2724
=5.770

Current CPI (Mar. 2026) = 164.2724.

Nestle India Quarterly Data

per share eps CPI Adj_EPS
201603 1.490 102.518 2.388
201606 1.246 105.961 1.932
201609 1.444 105.961 2.239
201612 1.013 105.196 1.582
201703 1.591 105.196 2.484
201706 1.366 107.109 2.095
201709 1.780 109.021 2.682
201712 1.617 109.404 2.428
201803 2.199 109.786 3.290
201806 2.049 111.317 3.024
201809 2.314 115.142 3.301
201812 1.773 115.142 2.530
201903 2.400 118.202 3.335
201906 2.271 120.880 3.086
201909 3.087 123.175 4.117
201912 2.451 126.235 3.190
202003 2.725 124.705 3.590
202006 2.524 127.000 3.265
202009 3.045 130.118 3.844
202012 2.506 130.889 3.145
202103 2.630 131.771 3.279
202106 3.084 134.084 3.778
202109 3.202 135.847 3.872
202112 1.868 138.161 2.221
202203 3.064 138.822 3.626
202206 2.646 142.347 3.054
202209 3.431 144.661 3.896
202212 3.255 145.763 3.668
202303 3.820 146.865 4.273
202306 3.622 150.280 3.959
202309 4.709 151.492 5.106
202312 3.400 152.924 3.652
202406 3.870 155.789 4.081
202409 4.660 157.882 4.849
202412 3.570 158.323 3.704
202503 4.530 157.552 4.723
202506 3.355 159.755 3.450
202509 3.860 162.289 3.907
202512 5.170 163.281 5.201
202603 5.770 164.272 5.770

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 ₹13.76 mean?
Nestle India (NSE:NESTLEIND) has a E10 of ₹13.76 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nestle India and its competitors.
Is Nestle India's E10 too high?
Nestle India's current E10 is ₹13.76. Overall, Nestle India has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nestle India's E10 compare to KHC and GIS?
Nestle India's E10 of ₹13.76 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Nestle India and its competitors. Nestle India's current E10 is ₹13.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle India stock overvalued right now?
Based on GuruFocus' analysis, Nestle India (NSE:NESTLEIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,477.64, compared to a current price of ₹1,402.60 — trading 5.1% below its estimated fair value. The current E10 is ₹13.76. Nestle India's overall GF Score™ is 98/100 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 Nestle India (NSE:NESTLEIND), the current E10 is ₹13.76 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 Nestle India (NSE:NESTLEIND) Overvalued in 2026?

Based on GuruFocus' analysis, Nestle India stock appears to be undervalued. The current stock price of ₹1,402.60 is trading 5.1% below its estimated GF Value™ of ₹1,477.64. GuruFocus considers Nestle India to be Fairly Valued.

Key valuation signals for NSE:NESTLEIND:

  • E10: ₹13.76
  • GF Value™: ₹1,477.64 vs. price of ₹1,402.60 (5.1% below fair value)
  • GF Score™: 98/100 with 3 warning signs

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


Nestle India Business Description

Other Exchanges 500790:India
Address Jacaranda Marg, M Block, National Highway 8, Nestle House, Phase II, DLF City, Gurugram, HR, IND, 122 002
Nestle India Ltd is mainly involved in Food business which incorporates product groups viz. Milk Products and Nutrition, Prepared Dishes and Cooking Aids, Powdered and Liquid Beverages and Confectionery. The company's brand portfolio provides Nestle Healthy Breakfast Cereals, Coffee, Chocolates & Confectionery, Nutrition, Dairy, Foods, Vending and Food Services, My Nestle, Nestle Health Science, Import, Tea export, and NESTLE Ad Campaigns. The company has single operating segment. The company has presence in India and Outside India. The company generates majority of revenue from India.
98GF Score

Get the complete analysis for NSE:NESTLEIND

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

₹1,402.60
Price
₹1,477.64
GF Value