Zensar Technologies (NSE:ZENSARTECH) E10: ₹21.71 (As of Mar. 2026)


NSE:ZENSARTECH Zensar Technologies Ltd NSE:ZENSARTECH
84 GF Score
Price ₹425.30
GF Value ₹748.64
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Zensar Technologies E10?

Zensar Technologies NSE:ZENSARTECH -1.87% 84 E10 is ₹21.71 as of Mar. 2026. GuruFocus rates NSE:ZENSARTECH with a GF Score™ of 84/100 and a GF Value™ of ₹748.64 (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.

Zensar Technologies's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹9.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹21.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zensar Technologies's average E10 Growth Rate was 10.30% per year. During the past 3 years, the average E10 Growth Rate was 9.70% per year. During the past 5 years, the average E10 Growth Rate was 8.60% 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 Zensar Technologies was 9.70% per year. The lowest was 6.20% per year. And the median was 8.35% per year.

As of today (2026-06-30), Zensar Technologies's current stock price is ₹425.30. Zensar Technologies's E10 for the quarter that ended in Mar. 2026 was ₹21.71. Zensar Technologies's Shiller PE Ratio of today is 19.59.

During the past 13 years, the highest Shiller PE Ratio of Zensar Technologies was 49.51. The lowest was 5.53. And the median was 25.74.


Zensar Technologies  (NSE:ZENSARTECH) 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.

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

Shiller PE Ratio=Share Price/E10
=425.30/21.71
=19.59

* 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 Zensar Technologies was 49.51. The lowest was 5.53. And the median was 25.74.


Be Aware

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


Zensar Technologies E10 Related Terms


Zensar Technologies E10 Historical Data

* Premium members only.

The historical data trend for Zensar Technologies'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.

Zensar Technologies E10 Chart

Zensar Technologies 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 15.45 16.45 18.29 19.68 21.71

Zensar Technologies 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 19.68 20.22 20.69 21.17 21.71

NSE:ZENSARTECH vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Zensar Technologies'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.


Zensar Technologies Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Zensar Technologies's Shiller PE Ratio distribution charts can be found below:

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


NSE:ZENSARTECH
84GF Score
Zensar Technologies Ltd NSE:ZENSARTECH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Zensar Technologies 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, Zensar Technologies'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)
=9.15/164.2724*164.2724
=9.150

Current CPI (Mar. 2026) = 164.2724.

Zensar Technologies Quarterly Data

per share eps CPI Adj_EPS
201606 3.280 105.961 5.085
201609 3.110 105.961 4.821
201612 3.534 105.196 5.519
201703 0.456 105.196 0.712
201706 2.074 107.109 3.181
201709 2.770 109.021 4.174
201712 2.600 109.404 3.904
201803 3.200 109.786 4.788
201806 3.610 111.317 5.327
201809 4.080 115.142 5.821
201812 2.410 115.142 3.438
201903 3.610 118.202 5.017
201906 3.250 120.880 4.417
201909 3.490 123.175 4.654
201912 1.730 126.235 2.251
202003 3.060 124.705 4.031
202006 3.210 127.000 4.152
202009 0.020 130.118 0.025
202012 6.030 130.889 7.568
202103 3.910 131.771 4.874
202106 4.440 134.084 5.440
202109 4.180 135.847 5.055
202112 4.010 138.161 4.768
202203 5.640 138.822 6.674
202206 3.290 142.347 3.797
202209 2.480 144.661 2.816
202212 3.360 145.763 3.787
202303 5.250 146.865 5.872
202306 6.840 150.280 7.477
202309 7.610 151.492 8.252
202312 7.080 152.924 7.605
202403 7.600 153.035 8.158
202406 6.910 155.789 7.286
202409 6.820 157.882 7.096
202412 6.980 158.323 7.242
202503 7.680 157.552 8.008
202506 7.920 159.755 8.144
202509 7.930 162.289 8.027
202512 8.670 163.281 8.723
202603 9.150 164.272 9.150

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 ₹21.71 mean?
Zensar Technologies (NSE:ZENSARTECH) has a E10 of ₹21.71 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zensar Technologies and its competitors.
Is Zensar Technologies' E10 too high?
Zensar Technologies' current E10 is ₹21.71. Overall, Zensar Technologies has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zensar Technologies' E10 compare to IBM and ACN?
Zensar Technologies' E10 of ₹21.71 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Zensar Technologies and its competitors. Zensar Technologies's current E10 is ₹21.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zensar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Zensar Technologies (NSE:ZENSARTECH) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹748.64, compared to a current price of ₹425.30 — trading 43.2% below its estimated fair value. The current E10 is ₹21.71. Zensar Technologies' overall GF Score™ is 84/100 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 Zensar Technologies (NSE:ZENSARTECH), the current E10 is ₹21.71 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 Zensar Technologies (NSE:ZENSARTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Zensar Technologies stock appears to be undervalued. The current stock price of ₹425.30 is trading 43.2% below its estimated GF Value™ of ₹748.64. GuruFocus considers Zensar Technologies to be Significantly Undervalued.

Key valuation signals for NSE:ZENSARTECH:

  • E10: ₹21.71
  • GF Value™: ₹748.64 vs. price of ₹425.30 (43.2% below fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Zensar Technologies Business Description

Other Exchanges 504067:India
Address Plot No. 4, Off Nagar Road, Zensar Knowledge Park, MIDC, Kharadi, Pune, MH, IND, 411014
Zensar Technologies Ltd provides a range of information technology services and sells IT-related products. The company segments include Digital and Application Services (DAS) and Digital Foundation Services (DFS). It generates maximum revenue from the DAS segment. The Digital and Application Services (DAS) segment is engaged in Custom Applications Management Services that include Application Development, Maintenance, Support, Modernization, and Testing Services across a wide technology spectrum and Industry verticals. Geographically, the majority of its revenue comes from the Americas and the rest from Europe, and the rest of the world.
84GF Score

Get the complete analysis for NSE:ZENSARTECH

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

₹425.30
Price
₹748.64
GF Value