Onward Technologies (BOM:517536) Shiller PE Ratio: 27.77 (As of Aug. 30, 2026) — 50% Below Median

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BOM:517536 Onward Technologies Ltd BOM:517536
83 GF Score
Price ₹285.50
GF Value ₹386.23
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Onward Technologies Shiller PE Ratio?

Onward Technologies BOM:517536 +0.12% 83 Shiller PE Ratio is 27.77 as of Aug. 30, 2026, which is 50% below its 10-year median of 55.28. GuruFocus rates BOM:517536 with a GF Score™ of 83/100 and a GF Value™ of ₹386.23 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,027 Software companies, Onward Technologies ranks worse than 50.24% on this metric.

As of today (2026-08-30), Onward Technologies's current share price is ₹285.50. Onward Technologies's E10 for the quarter that ended in Jun. 2026 was ₹10.28. Onward Technologies's Shiller PE Ratio for today is 27.77.

The historical rank and industry rank for Onward Technologies's Shiller PE Ratio or its related term are showing as below:

BOM:517536' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.76   Med: 55.28   Max: 119.55
Current: 27.76

During the past years, Onward Technologies's highest Shiller PE Ratio was 119.55. The lowest was 24.76. And the median was 55.28.

BOM:517536's Shiller PE Ratio is ranked worse than
50.24% of 1027 companies
in the Software industry
Industry Median: 27.7 vs BOM:517536: 27.76

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Onward Technologies's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹4.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹10.28 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onward Technologies  (BOM:517536) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Onward Technologies Shiller PE Ratio Related Terms


Onward Technologies Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Onward Technologies's Shiller PE Ratio 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.

Onward Technologies Shiller PE Ratio Chart

Onward Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.79 60.07 74.06 33.82 22.67

Onward Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 41.90 33.01 31.70 22.67 27.87

BOM:517536 vs IBM, ACN, FISV: Shiller PE Ratio Comparison

For the Information Technology Services subindustry, Onward 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.


Onward Technologies Shiller PE Ratio vs Software Industry

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

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


BOM:517536
83GF Score
Onward Technologies Ltd BOM:517536
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onward Technologies Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Onward Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=285.50/10.28
=27.77

* 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.

Onward Technologies's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Onward Technologies'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)
=4.98/167.3573*167.3573
=4.980

Current CPI (Jun. 2026) = 167.3573.

Onward Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.770 105.961 1.216
201609 0.310 105.961 0.490
201612 1.320 105.196 2.100
201703 0.060 105.196 0.095
201709 1.969 109.021 3.023
201712 0.300 109.404 0.459
201803 0.700 109.786 1.067
201806 1.280 111.317 1.924
201809 1.150 115.142 1.672
201812 1.790 115.142 2.602
201903 1.950 118.202 2.761
201906 2.030 120.880 2.811
201909 1.820 123.175 2.473
201912 1.720 126.235 2.280
202003 -1.870 124.705 -2.510
202006 0.230 127.000 0.303
202009 1.450 130.118 1.865
202012 1.390 130.889 1.777
202103 1.270 131.771 1.613
202106 5.780 134.084 7.214
202109 2.840 135.847 3.499
202112 2.520 138.161 3.053
202203 1.040 138.822 1.254
202206 0.530 142.347 0.623
202209 0.250 144.661 0.289
202212 1.080 145.763 1.240
202303 3.180 146.865 3.624
202306 4.770 150.280 5.312
202309 4.180 151.492 4.618
202312 2.960 152.924 3.239
202403 2.910 153.035 3.182
202406 3.090 155.789 3.319
202409 1.540 157.882 1.632
202412 2.630 158.323 2.780
202503 4.560 157.552 4.844
202506 5.570 159.755 5.835
202509 5.230 162.289 5.393
202512 4.470 163.281 4.582
202603 4.230 164.272 4.309
202606 4.980 167.357 4.980

Add all the adjusted EPS together and divide 10 will get our 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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 27.77 mean?
Onward Technologies (BOM:517536) has a Shiller PE Ratio of 27.77 as of Aug. 30, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Onward Technologies and its competitors. This is 50% below median its historical median of 55.28. Over the past decade, Onward Technologies' Shiller PE Ratio has ranged from 24.76 to 119.55. According to the industry distribution chart, Onward Technologies ranks #516 out of 1027 companies in the Software industry, placing it in the top 50.2%.
Is Onward Technologies' Shiller PE Ratio too high?
Onward Technologies' current Shiller PE Ratio of 27.77 is 50% below median its 10-year median of 55.28. Over the past 10 years, this metric has ranged from a low of 24.76 to a high of 119.55. The Software industry median Shiller PE Ratio is 27.70. Onward Technologies' value of 27.77 is 0.3% above this industry median. Based on the distribution chart, Onward Technologies ranks #516 out of 1027 companies in the Software industry, which is below the industry midpoint. Overall, Onward Technologies has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onward Technologies' Shiller PE Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Onward Technologies ranks #516 out of 1027 companies for Shiller PE Ratio. This places Onward Technologies in the lower half of its industry. The industry median Shiller PE Ratio is 27.70. Onward Technologies' value of 27.77 is 0.3% above this benchmark. Historically, Onward Technologies' own Shiller PE Ratio has ranged from 24.76 to 119.55 over the past decade. While the company's 10-year median is 55.28 vs. the industry median of 27.70, Onward Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Software company?
The median Shiller PE Ratio among Software companies is 27.70, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onward Technologies's current Shiller PE Ratio of 27.77 is 0.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Onward Technologies and its competitors. For the Software industry, the median Shiller PE Ratio is 27.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Technologies's current Shiller PE Ratio is 27.77, which is 50% below median its own 10-year median of 55.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Technologies stock overvalued right now?
Based on GuruFocus' analysis, Onward Technologies (BOM:517536) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹386.23, compared to a current price of ₹285.50 — trading 26.1% below its estimated fair value. The current Shiller PE Ratio is 27.77, which is 50% below median its 10-year median of 55.28 and 0.3% above the Software industry median of 27.70. Onward Technologies' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Onward Technologies (BOM:517536), the current Shiller PE Ratio is 27.77 as of Aug. 30, 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 Onward Technologies (BOM:517536) Overvalued in 2026?

Based on GuruFocus' analysis, Onward Technologies stock appears to be undervalued. The current stock price of ₹285.50 is trading 26.1% below its estimated GF Value™ of ₹386.23. GuruFocus considers Onward Technologies to be Modestly Undervalued.

Key valuation signals for BOM:517536:

  • Shiller PE Ratio: 27.77 (50% below median its 10-year median of 55.28)
  • GF Value™: ₹386.23 vs. price of ₹285.50 (26.1% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 0.3% above the Software median (#516 of 1027)

No single metric tells the full story. See the BOM:517536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onward Technologies Business Description

Other Exchanges ONWARDTEC:India
Address Almonte IT park, 5th Floor, Next to Radisson Blu Hotel, Kharadi, Pune, MH, IND, 411014
Onward Technologies Ltd is an Indian company that is engaged in software development, testing, and integration for partner industries of the future. Its services are Digital Services, Embedded Products & Systems, and Mechanical Product Engineering. Its industries include Automotive, Renewables, Hydro Energy, Construction, Agricultural and Mining Equipment, Rail Transportation, and others. It has one operating segment which is ER&D (Engineering, Research and Development) service and digital services. The majority of the company's revenue comes from India. It also operates outside India.
83GF Score

Get the complete analysis for BOM:517536

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

₹285.50
Price
₹386.23
GF Value