NIC Asia Bank (XNEP:NICA) E10: NPR24.99 (As of Apr. 2026)


XNEP:NICA NIC Asia Bank Ltd XNEP:NICA
74 GF Score
Price NPR326.70
GF Value NPR381.86
Valuation Modestly Undervalued
! 2 Warning Signs
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What is NIC Asia Bank E10?

NIC Asia Bank XNEP:NICA -0.97% 74 E10 is NPR24.99 as of Apr. 2026. GuruFocus rates XNEP:NICA with a GF Score™ of 74/100 and a GF Value™ of NPR381.86 (Modestly Undervalued). The stock has 2 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.

NIC Asia Bank's adjusted earnings per share data for the three months ended in Apr. 2026 was NPR0.582. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NPR24.99 for the trailing ten years ended in Apr. 2026.

During the past 12 months, NIC Asia Bank's average E10 Growth Rate was -3.40% 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 (2026-07-11), NIC Asia Bank's current stock price is NPR326.70. NIC Asia Bank's E10 for the quarter that ended in Apr. 2026 was NPR24.99. NIC Asia Bank's Shiller PE Ratio of today is 13.07.

During the past 13 years, the highest Shiller PE Ratio of NIC Asia Bank was 26.79. The lowest was 11.74. And the median was 15.31.


NIC Asia Bank  (XNEP:NICA) 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.

NIC Asia Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=326.70/24.99
=13.07

* 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 NIC Asia Bank was 26.79. The lowest was 11.74. And the median was 15.31.


Be Aware

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


NIC Asia Bank E10 Related Terms


NIC Asia Bank E10 Historical Data

* Premium members only.

The historical data trend for NIC Asia Bank'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.

NIC Asia Bank E10 Chart

NIC Asia Bank Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 25.79 27.34 25.75

NIC Asia Bank Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 25.87 25.75 26.10 24.49 24.99

NIC Asia Bank E10 Competitor Comparison

For the Banks - Regional subindustry, NIC Asia Bank'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.


NIC Asia Bank Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, NIC Asia Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NIC Asia Bank's Shiller PE Ratio falls into.


XNEP:NICA
74GF Score
NIC Asia Bank Ltd XNEP:NICA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIC Asia Bank 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, NIC Asia Bank's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.582/333.0200*333.0200
=0.582

Current CPI (Apr. 2026) = 333.0200.

NIC Asia Bank Quarterly Data

per share eps CPI Adj_EPS
201607 2.392 240.628 3.310
201610 9.658 241.729 13.305
201701 11.126 242.839 15.258
201704 1.217 244.524 1.657
201707 1.535 244.786 2.088
201710 7.451 246.663 10.060
201801 1.972 247.867 2.649
201804 2.418 250.546 3.214
201807 2.763 252.006 3.651
201810 5.233 252.885 6.891
201901 5.625 251.712 7.442
201904 5.242 255.548 6.831
201907 5.240 256.571 6.801
201910 7.218 257.346 9.340
202001 7.183 257.971 9.273
202004 3.411 256.389 4.430
202007 4.055 259.101 5.212
202010 7.235 260.388 9.253
202101 7.515 261.582 9.567
202104 7.214 267.054 8.996
202107 2.231 273.003 2.721
202110 8.735 276.589 10.517
202201 9.122 281.148 10.805
202204 8.777 289.109 10.110
202207 3.902 296.276 4.386
202210 12.224 298.012 13.660
202301 10.706 299.170 11.917
202304 5.430 303.363 5.961
202307 2.867 305.691 3.123
202310 28.600 307.671 30.956
202401 6.028 308.417 6.509
202404 0.260 313.548 0.276
202407 -8.819 314.540 -9.337
202410 3.740 315.664 3.946
202501 0.483 317.671 0.506
202504 1.201 320.795 1.247
202507 -1.622 323.048 -1.672
202510 4.140 0.000
202601 0.247 325.252 0.253
202604 0.582 333.020 0.582

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 NPR24.99 mean?
NIC Asia Bank (XNEP:NICA) has a E10 of NPR24.99 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NIC Asia Bank and its competitors.
Is NIC Asia Bank's E10 too high?
NIC Asia Bank's current E10 is NPR24.99. Overall, NIC Asia Bank has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIC Asia Bank's E10 compare to competitors?
NIC Asia Bank's E10 of NPR24.99 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 NIC Asia Bank and its competitors. NIC Asia Bank's current E10 is NPR24.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIC Asia Bank stock overvalued right now?
Based on GuruFocus' analysis, NIC Asia Bank (XNEP:NICA) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR381.86, compared to a current price of NPR326.70 — trading 14.4% below its estimated fair value. The current E10 is NPR24.99. NIC Asia Bank's overall GF Score™ is 74/100 with 2 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 NIC Asia Bank (XNEP:NICA), the current E10 is NPR24.99 as of Apr. 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 NIC Asia Bank (XNEP:NICA) Overvalued in 2026?

Based on GuruFocus' analysis, NIC Asia Bank stock appears to be undervalued. The current stock price of NPR326.70 is trading 14.4% below its estimated GF Value™ of NPR381.86. GuruFocus considers NIC Asia Bank to be Modestly Undervalued.

Key valuation signals for XNEP:NICA:

  • E10: NPR24.99
  • GF Value™: NPR381.86 vs. price of NPR326.70 (14.4% below fair value)
  • GF Score™: 74/100 with 2 warning signs

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


NIC Asia Bank Business Description

Address Thapathali, Trade Tower, Kathmandu, NPL
NIC Asia Bank Ltd is engaged in commercial banking services in Nepal. It is organized for management and reporting purposes into segments such as Retail Banking, Corporate Banking, SME Banking, Deprived Sector Banking (DSL), Treasury, Transaction Banking (TB) and Other Banking. It generates a vast majority of the revenues from the Retail banking segment.
74GF Score

Get the complete analysis for XNEP:NICA

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

NPR326.70
Price
NPR381.86
GF Value