Zen Technologies (NSE:ZENTEC) E10: ₹10.65 (As of Mar. 2026)


NSE:ZENTEC Zen Technologies Ltd NSE:ZENTEC
91 GF Score
Price ₹1,742.60
GF Value ₹1,699.32
Valuation Fairly Valued
! 3 Warning Signs
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What is Zen Technologies E10?

Zen Technologies NSE:ZENTEC -1.61% 91 E10 is ₹10.65 as of Mar. 2026. GuruFocus rates NSE:ZENTEC with a GF Score™ of 91/100 and a GF Value™ of ₹1,699.32 (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.

Zen Technologies's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹10.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zen Technologies's average E10 Growth Rate was 35.20% 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.

As of today (2026-06-30), Zen Technologies's current stock price is ₹1742.60. Zen Technologies's E10 for the quarter that ended in Mar. 2026 was ₹10.65. Zen Technologies's Shiller PE Ratio of today is 163.62.

During the past 13 years, the highest Shiller PE Ratio of Zen Technologies was 389.52. The lowest was 126.08. And the median was 202.65.


Zen Technologies  (NSE:ZENTEC) 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.

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

Shiller PE Ratio=Share Price/E10
=1742.60/10.65
=163.62

* 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 Zen Technologies was 389.52. The lowest was 126.08. And the median was 202.65.


Be Aware

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


Zen Technologies E10 Related Terms


Zen Technologies E10 Historical Data

* Premium members only.

The historical data trend for Zen 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.

Zen Technologies E10 Chart

Zen 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 0.00 0.00 4.50 7.88 10.65

Zen 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 7.88 8.62 9.32 10.20 10.65

NSE:ZENTEC vs SPCX, GE, RTX: E10 Comparison

For the Aerospace & Defense subindustry, Zen 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.


Zen Technologies Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Zen Technologies's Shiller PE Ratio distribution charts can be found below:

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


NSE:ZENTEC
91GF Score
Zen Technologies Ltd NSE:ZENTEC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zen 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, Zen 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)
=3.51/164.2724*164.2724
=3.510

Current CPI (Mar. 2026) = 164.2724.

Zen Technologies Quarterly Data

per share eps CPI Adj_EPS
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201706 -0.260 107.109 -0.399
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 -0.050 109.786 -0.075
201806 -0.530 111.317 -0.782
201809 -0.450 115.142 -0.642
201812 1.110 115.142 1.584
201903 1.490 118.202 2.071
201906 2.040 120.880 2.772
201909 1.860 123.175 2.481
201912 1.330 126.235 1.731
202003 2.400 124.705 3.161
202006 -0.170 127.000 -0.220
202009 0.100 130.118 0.126
202012 0.290 130.889 0.364
202103 0.170 131.771 0.212
202106 -0.140 134.084 -0.172
202109 -0.002 135.847 -0.002
202112 -0.020 138.161 -0.024
202203 0.420 138.822 0.497
202206 0.910 142.347 1.050
202209 0.700 144.661 0.795
202212 1.140 145.763 1.285
202303 2.440 146.865 2.729
202306 5.650 150.280 6.176
202309 1.830 151.492 1.984
202312 3.670 152.924 3.942
202403 4.180 153.035 4.487
202406 9.190 155.789 9.690
202409 7.260 157.882 7.554
202412 4.420 158.323 4.586
202503 11.240 157.552 11.719
202506 5.310 159.755 5.460
202509 6.610 162.289 6.691
202512 6.090 163.281 6.127
202603 3.510 164.272 3.510

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 ₹10.65 mean?
Zen Technologies (NSE:ZENTEC) has a E10 of ₹10.65 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zen Technologies and its competitors.
Is Zen Technologies' E10 too high?
Zen Technologies' current E10 is ₹10.65. Overall, Zen Technologies has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zen Technologies' E10 compare to SPCX and GE?
Zen Technologies' E10 of ₹10.65 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense 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 Zen Technologies and its competitors. Zen Technologies's current E10 is ₹10.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zen Technologies stock overvalued right now?
Based on GuruFocus' analysis, Zen Technologies (NSE:ZENTEC) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,699.32, compared to a current price of ₹1,742.60 — trading 2.5% above its estimated fair value. The current E10 is ₹10.65. Zen Technologies' overall GF Score™ is 91/100 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 Zen Technologies (NSE:ZENTEC), the current E10 is ₹10.65 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 Zen Technologies (NSE:ZENTEC) Overvalued in 2026?

Based on GuruFocus' analysis, Zen Technologies stock appears to be overvalued. The current stock price of ₹1,742.60 is trading 2.5% above its estimated GF Value™ of ₹1,699.32. GuruFocus considers Zen Technologies to be Fairly Valued.

Key valuation signals for NSE:ZENTEC:

  • E10: ₹10.65
  • GF Value™: ₹1,699.32 vs. price of ₹1,742.60 (2.5% above fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Zen Technologies Business Description

Other Exchanges 533339:India
Address B-42, Industrial Estate, Sanathnagar, Hyderabad, TG, IND, 500018
Zen Technologies Ltd is engaged in the design, development, and manufacture of training simulators. The products of the company are; Weapon Simulator, Hand Grenade Simulator, Driving Training Simulator, BMP-II Driving Simulator, Forward Observer Simulator, Tactical Engagement Simulator and among others. The firm offers its products to police and paramilitary forces, armed forces, security forces, government departments, such as transport, mining, infrastructure, and civilian markets. The company caters to both domestic and international markets.
91GF Score

Get the complete analysis for NSE:ZENTEC

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

₹1,742.60
Price
₹1,699.32
GF Value