Tourism Finance of India (NSE:TFCILTD) E10: ₹2.55 (As of Mar. 2026)


NSE:TFCILTD Tourism Finance Corp of India Ltd NSE:TFCILTD
60 GF Score
Price ₹79.24
GF Value ₹39.73
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Tourism Finance of India E10?

Tourism Finance of India NSE:TFCILTD +1.68% 60 E10 is ₹2.55 as of Mar. 2026. GuruFocus rates NSE:TFCILTD with a GF Score™ of 60/100 and a GF Value™ of ₹39.73 (Significantly Overvalued). The stock has 11 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.

Tourism Finance of India's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tourism Finance of India's average E10 Growth Rate was 6.70% per year. During the past 3 years, the average E10 Growth Rate was 3.60% per year. During the past 5 years, the average E10 Growth Rate was 3.50% 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 Tourism Finance of India was 3.70% per year. The lowest was 2.60% per year. And the median was 3.60% per year.

As of today (2026-07-05), Tourism Finance of India's current stock price is ₹79.24. Tourism Finance of India's E10 for the quarter that ended in Mar. 2026 was ₹2.55. Tourism Finance of India's Shiller PE Ratio of today is 31.07.

During the past 13 years, the highest Shiller PE Ratio of Tourism Finance of India was 32.74. The lowest was 3.16. And the median was 8.40.


Tourism Finance of India  (NSE:TFCILTD) 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.

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

Shiller PE Ratio=Share Price/E10
=79.24/2.55
=31.07

* 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 Tourism Finance of India was 32.74. The lowest was 3.16. And the median was 8.40.


Be Aware

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


Tourism Finance of India E10 Related Terms


Tourism Finance of India E10 Historical Data

* Premium members only.

The historical data trend for Tourism Finance of 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.

Tourism Finance of India E10 Chart

Tourism Finance of India 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 2.21 2.28 2.31 2.39 2.55

Tourism Finance of India 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 2.39 2.44 2.46 2.48 2.55

NSE:TFCILTD vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Tourism Finance of 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.


Tourism Finance of India Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Tourism Finance of India's Shiller PE Ratio distribution charts can be found below:

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


NSE:TFCILTD
60GF Score
Tourism Finance Corp of India Ltd NSE:TFCILTD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tourism Finance of 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, Tourism Finance of 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)
=0.69/164.2724*164.2724
=0.690

Current CPI (Mar. 2026) = 164.2724.

Tourism Finance of India Quarterly Data

per share eps CPI Adj_EPS
201606 0.500 105.961 0.775
201609 0.406 105.961 0.629
201612 0.414 105.196 0.646
201703 0.426 105.196 0.665
201706 0.548 107.109 0.840
201709 0.424 109.021 0.639
201712 0.556 109.404 0.835
201803 0.266 109.786 0.398
201806 0.506 111.317 0.747
201809 0.390 115.142 0.556
201812 0.608 115.142 0.867
201903 0.634 118.202 0.881
201906 0.568 120.880 0.772
201909 0.460 123.175 0.613
201912 0.678 126.235 0.882
202003 0.302 124.705 0.398
202006 0.410 127.000 0.530
202009 0.544 130.118 0.687
202012 0.596 130.889 0.748
202103 0.450 131.771 0.561
202106 0.526 134.084 0.644
202109 0.536 135.847 0.648
202112 0.448 138.161 0.533
202203 0.498 138.822 0.589
202206 0.552 142.347 0.637
202209 0.436 144.661 0.495
202212 0.406 145.763 0.458
202303 0.550 146.865 0.615
202306 0.540 150.280 0.590
202309 0.414 151.492 0.449
202312 0.610 152.924 0.655
202403 0.452 153.035 0.485
202406 0.548 155.789 0.578
202409 0.550 157.882 0.572
202412 0.490 158.323 0.508
202503 0.650 157.552 0.678
202506 0.660 159.755 0.679
202509 0.630 162.289 0.638
202512 0.690 163.281 0.694
202603 0.690 164.272 0.690

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 ₹2.55 mean?
Tourism Finance of India (NSE:TFCILTD) has a E10 of ₹2.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tourism Finance of India and its competitors.
Is Tourism Finance of India's E10 too high?
Tourism Finance of India's current E10 is ₹2.55. Overall, Tourism Finance of India has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Finance of India's E10 compare to V and MA?
Tourism Finance of India's E10 of ₹2.55 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 Tourism Finance of India and its competitors. Tourism Finance of India's current E10 is ₹2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Finance of India stock overvalued right now?
Based on GuruFocus' analysis, Tourism Finance of India (NSE:TFCILTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹39.73, compared to a current price of ₹79.24 — trading 99.4% above its estimated fair value. The current E10 is ₹2.55. Tourism Finance of India's overall GF Score™ is 60/100 with 11 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 Tourism Finance of India (NSE:TFCILTD), the current E10 is ₹2.55 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 Tourism Finance of India (NSE:TFCILTD) Overvalued in 2026?

Based on GuruFocus' analysis, Tourism Finance of India stock appears to be overvalued. The current stock price of ₹79.24 is trading 99.4% above its estimated GF Value™ of ₹39.73. GuruFocus considers Tourism Finance of India to be Significantly Overvalued.

Key valuation signals for NSE:TFCILTD:

  • E10: ₹2.55
  • GF Value™: ₹39.73 vs. price of ₹79.24 (99.4% above fair value)
  • GF Score™: 60/100 with 11 warning signs

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


Tourism Finance of India Business Description

Other Exchanges 526650:India
Address 4th Floor, Tower 1, NBCC Plaza, Pushp Vihar, Sector-V, Saket, New Delhi, IND, 110 017
Tourism Finance Corp of India Ltd is engaged in the provision of financial services. It provides financial assistance by way of rupee term loans, subscriptions to equity/debentures, and corporate loans mainly to hotel projects, amusement parks, ropeways, multiplexes, restaurants, and others. The company products and services include tourism project financing, other financings, and tourism advisory services. Its only operating segment being Financing and Investment Activities. Geographically, the company generates majority of revenue from India.
60GF Score

Get the complete analysis for NSE:TFCILTD

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

₹79.24
Price
₹39.73
GF Value