NGL Fine-Chem (NSE:NGLFINE) E10: ₹56.55 (As of Mar. 2026)


NSE:NGLFINE NGL Fine-Chem Ltd NSE:NGLFINE
78 GF Score
Price ₹2,989.90
GF Value ₹2,836.47
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is NGL Fine-Chem E10?

NGL Fine-Chem NSE:NGLFINE -2.72% 78 E10 is ₹56.55 as of Mar. 2026. GuruFocus rates NSE:NGLFINE with a GF Score™ of 78/100 and a GF Value™ of ₹2,836.47 (Fairly Valued). The stock has 8 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.

NGL Fine-Chem's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹21.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹56.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NGL Fine-Chem's average E10 Growth Rate was 14.00% per year. During the past 3 years, the average E10 Growth Rate was 12.20% per year. During the past 5 years, the average E10 Growth Rate was 14.60% 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 NGL Fine-Chem was 19.60% per year. The lowest was 11.80% per year. And the median was 12.20% per year.

As of today (2026-06-29), NGL Fine-Chem's current stock price is ₹2989.90. NGL Fine-Chem's E10 for the quarter that ended in Mar. 2026 was ₹56.55. NGL Fine-Chem's Shiller PE Ratio of today is 52.87.

During the past 13 years, the highest Shiller PE Ratio of NGL Fine-Chem was 113.86. The lowest was 19.82. And the median was 44.41.


NGL Fine-Chem  (NSE:NGLFINE) 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.

NGL Fine-Chem's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2989.90/56.55
=52.87

* 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 NGL Fine-Chem was 113.86. The lowest was 19.82. And the median was 44.41.


Be Aware

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


NGL Fine-Chem E10 Related Terms


NGL Fine-Chem E10 Historical Data

* Premium members only.

The historical data trend for NGL Fine-Chem'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.

NGL Fine-Chem E10 Chart

NGL Fine-Chem 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 40.45 47.48 50.78 56.55

NGL Fine-Chem 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 50.78 51.75 52.65 55.18 56.55

NSE:NGLFINE vs LLY, JNJ, ABBV: E10 Comparison

For the Drug Manufacturers - General subindustry, NGL Fine-Chem'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.


NGL Fine-Chem Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, NGL Fine-Chem's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NGL Fine-Chem's Shiller PE Ratio falls into.


NSE:NGLFINE
78GF Score
NGL Fine-Chem Ltd NSE:NGLFINE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NGL Fine-Chem 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, NGL Fine-Chem'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)
=21.83/164.2724*164.2724
=21.830

Current CPI (Mar. 2026) = 164.2724.

NGL Fine-Chem Quarterly Data

per share eps CPI Adj_EPS
201606 6.680 105.961 10.356
201609 4.740 105.961 7.348
201612 6.812 105.196 10.638
201703 5.590 105.196 8.729
201706 2.590 107.109 3.972
201709 5.540 109.021 8.348
201712 6.870 109.404 10.315
201803 4.970 109.786 7.437
201806 8.040 111.317 11.865
201809 7.150 115.142 10.201
201812 6.590 115.142 9.402
201903 11.030 118.202 15.329
201906 8.410 120.880 11.429
201909 3.800 123.175 5.068
201912 1.820 126.235 2.368
202003 -0.270 124.705 -0.356
202006 15.190 127.000 19.648
202009 25.590 130.118 32.307
202012 28.670 130.889 35.982
202103 22.400 131.771 27.925
202106 30.960 134.084 37.930
202109 22.520 135.847 27.232
202112 16.100 138.161 19.143
202203 10.950 138.822 12.957
202206 0.840 142.347 0.969
202209 7.560 144.661 8.585
202212 10.500 145.763 11.833
202303 14.550 146.865 16.275
202306 13.770 150.280 15.052
202309 16.960 151.492 18.391
202312 16.240 152.924 17.445
202403 19.910 153.035 21.372
202406 14.920 155.789 15.732
202409 15.880 157.882 16.523
202412 2.070 158.323 2.148
202503 0.880 157.552 0.918
202506 14.960 159.755 15.383
202509 15.580 162.289 15.770
202512 25.400 163.281 25.554
202603 21.830 164.272 21.830

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 ₹56.55 mean?
NGL Fine-Chem (NSE:NGLFINE) has a E10 of ₹56.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NGL Fine-Chem and its competitors.
Is NGL Fine-Chem's E10 too high?
NGL Fine-Chem's current E10 is ₹56.55. Overall, NGL Fine-Chem has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NGL Fine-Chem's E10 compare to LLY and JNJ?
NGL Fine-Chem's E10 of ₹56.55 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 NGL Fine-Chem and its competitors. NGL Fine-Chem's current E10 is ₹56.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGL Fine-Chem stock overvalued right now?
Based on GuruFocus' analysis, NGL Fine-Chem (NSE:NGLFINE) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,836.47, compared to a current price of ₹2,989.90 — trading 5.4% above its estimated fair value. The current E10 is ₹56.55. NGL Fine-Chem's overall GF Score™ is 78/100 with 8 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 NGL Fine-Chem (NSE:NGLFINE), the current E10 is ₹56.55 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 NGL Fine-Chem (NSE:NGLFINE) Overvalued in 2026?

Based on GuruFocus' analysis, NGL Fine-Chem stock appears to be overvalued. The current stock price of ₹2,989.90 is trading 5.4% above its estimated GF Value™ of ₹2,836.47. GuruFocus considers NGL Fine-Chem to be Fairly Valued.

Key valuation signals for NSE:NGLFINE:

  • E10: ₹56.55
  • GF Value™: ₹2,836.47 vs. price of ₹2,989.90 (5.4% above fair value)
  • GF Score™: 78/100 with 8 warning signs

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


NGL Fine-Chem Business Description

Other Exchanges 524774:India
Address 301, E Square, Subhash Road, Vile Parle (East), Mumbai, MH, IND, 400057
NGL Fine-Chem Ltd is an Indian company engaged in the pharmaceutical business. It is a manufacturer of pharmaceuticals and intermediates for use in veterinary and human health, catering to various companies to custom-manufacture pharmaceuticals. The company's product portfolio comprises animal health APIs such as homidium chloride, nitroxynil, clorsulon, decoquinate, fenbendazole, etc.; human health APIs such as nitazoxanide and atovaquone; drug intermediates and specialty chemicals; and finished dosage forms such as diminazene aceturate granules and homidium chloride tablets. Geographically, the group generates maximum revenue from the Asia-Pacific region, and the rest from India, Europe, the USA, and the rest of the world.
78GF Score

Get the complete analysis for NSE:NGLFINE

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

₹2,989.90
Price
₹2,836.47
GF Value