Nova (XTAE:NVMI) E10: ₪ (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:NVMI Nova Ltd XTAE:NVMI
100 GF Score
Price ₪1,057.40
GF Value ₪954.72
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nova E10?

Nova XTAE:NVMI 100 E10 is ₪ as of Jun. 2026. GuruFocus rates XTAE:NVMI with a GF Score™ of 100/100 and a GF Value™ of ₪954.72 (Modestly Overvalued). The stock has 4 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.

Nova's adjusted earnings per share data for the three months ended in Jun. 2026 was ₪6.444. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nova's average E10 Growth Rate was 26.30% per year. During the past 3 years, the average E10 Growth Rate was 26.20% per year. During the past 5 years, the average E10 Growth Rate was 27.90% per year. During the past 10 years, the average E10 Growth Rate was 25.10% 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 Nova was 65.10% per year. The lowest was 15.10% per year. And the median was 28.50% per year.

As of today (2026-09-21), Nova's current stock price is ₪1057.40. Nova's E10 for the quarter that ended in Jun. 2026 was . Nova's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Nova was 152.23. The lowest was 26.29. And the median was 55.77.


Nova  (XTAE:NVMI) 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.

During the past 13 years, the highest Shiller P/E Ratio of Nova was 152.23. The lowest was 26.29. And the median was 55.77.


Be Aware

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


Nova E10 Related Terms


Nova E10 Historical Data

* Premium members only.

The historical data trend for Nova'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.

Nova E10 Chart

Nova Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
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Nova Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

XTAE:NVMI vs AMKR, ONTO, FORM: E10 Comparison

For the Semiconductor Equipment & Materials subindustry, Nova'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.


Nova Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nova's Shiller PE Ratio distribution charts can be found below:

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


XTAE:NVMI
100GF Score
Nova Ltd XTAE:NVMI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nova 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, Nova's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.444/333.9520*333.9520
=6.444

Current CPI (Jun. 2026) = 333.9520.

Nova Quarterly Data

per share eps CPI Adj_EPS
201609 -0.685 241.428 -0.948
201612 1.149 241.432 1.589
201703 1.789 243.801 2.451
201706 1.687 244.955 2.300
201709 1.424 246.819 1.927
201712 0.983 246.524 1.331
201803 1.696 249.554 2.269
201806 1.472 251.989 1.950
201809 1.681 252.439 2.223
201812 1.959 251.233 2.603
201903 0.989 254.202 1.299
201906 0.814 256.143 1.061
201909 1.060 256.759 1.379
201912 1.508 256.974 1.960
202003 1.421 258.115 1.838
202006 1.054 257.797 1.366
202009 1.637 260.280 2.100
202012 1.566 260.474 2.008
202103 1.968 264.877 2.481
202106 2.510 271.696 3.085
202109 3.286 274.310 4.000
202112 2.315 278.802 2.773
202203 3.418 287.504 3.970
202206 3.657 296.311 4.121
202209 3.742 296.808 4.210
202212 3.970 296.797 4.467
202303 3.846 301.836 4.255
202306 3.421 305.109 3.745
202309 3.941 307.789 4.276
202312 4.543 306.746 4.946
202403 4.200 312.332 4.491
202406 5.216 314.175 5.545
202409 5.906 315.301 6.255
202412 5.829 315.605 6.168
202503 7.305 319.799 7.628
202506 7.628 322.561 7.898
202509 6.360 324.800 6.539
202512 6.309 324.054 6.502
202603 6.273 330.213 6.344
202606 6.444 333.952 6.444

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 ₪ mean?
Nova (XTAE:NVMI) has a E10 of ₪ as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nova and its competitors.
Is Nova's E10 too high?
Nova's current E10 is ₪. Overall, Nova has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova's E10 compare to AMKR and ONTO?
Nova's E10 of ₪ can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Nova and its competitors. Nova's current E10 is ₪. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova stock overvalued right now?
Based on GuruFocus' analysis, Nova (XTAE:NVMI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪954.72, compared to a current price of ₪1,057.40 — trading 10.8% above its estimated fair value. The current E10 is ₪. Nova's overall GF Score™ is 100/100 with 4 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 Nova (XTAE:NVMI), the current E10 is ₪ as of Jun. 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 Nova (XTAE:NVMI) Overvalued in 2026?

Based on GuruFocus' analysis, Nova stock appears to be overvalued. The current stock price of ₪1,057.40 is trading 10.8% above its estimated GF Value™ of ₪954.72. GuruFocus considers Nova to be Modestly Overvalued.

Key valuation signals for XTAE:NVMI:

  • E10:
  • GF Value™: ₪954.72 vs. price of ₪1,057.40 (10.8% above fair value)
  • GF Score™: 100/100 with 4 warning signs

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


Nova Business Description

Other Exchanges NVMI:USA0YAA:UKNMR:Germany
Address 5 David Fikes Street, 10th Floor, Rehovot, ISR, 7632805
Nova Ltd is a provider of metrology and process control solutions used in semiconductor manufacturing. The company provides high-performance metrology solutions across the semiconductor fabrication lifecycle and develops differentiated inline metrology solutions deployed by a broad range of customers, including integrated circuit manufacturers. Its portfolio combines high-precision hardware and software, enabling customers to improve device performance, enhance yields, and accelerate time to market. Its products include Dimensional Metrology, Materials Metrology, Chemical Metrology, and Software Solutions. The company operates in China, Taiwan, R.O.C., the United States and other regions, with maximum revenue coming from China.
100GF Score

Get the complete analysis for XTAE:NVMI

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

₪1,057.40
Price
₪954.72
GF Value