Nestle Nigeria (NSA:NESTLE) Shiller PE Ratio: 92.59 (As of Aug. 14, 2026) — 159% Above Median

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NSA:NESTLE Nestle Nigeria PLC NSA:NESTLE
82 GF Score
Price ₦2,800.00
GF Value ₦2,152.64
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nestle Nigeria Shiller PE Ratio?

Nestle Nigeria NSA:NESTLE 82 Shiller PE Ratio is 92.59 as of Aug. 14, 2026, which is 159% above its 10-year median of 35.75. GuruFocus rates NSA:NESTLE with a GF Score™ of 82/100 and a GF Value™ of ₦2,152.64 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,134 Consumer Packaged Goods companies, Nestle Nigeria ranks worse than 93.92% on this metric.

As of today (2026-08-14), Nestle Nigeria's current share price is ₦2800.00. Nestle Nigeria's E10 for the quarter that ended in Jun. 2026 was ₦30.24. Nestle Nigeria's Shiller PE Ratio for today is 92.59.

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

NSA:NESTLE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.26   Med: 35.75   Max: 158.13
Current: 92.59

During the past years, Nestle Nigeria's highest Shiller PE Ratio was 158.13. The lowest was 20.26. And the median was 35.75.

NSA:NESTLE's Shiller PE Ratio is ranked worse than
93.92% of 1134 companies
in the Consumer Packaged Goods industry
Industry Median: 17.275 vs NSA:NESTLE: 92.59

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.

Nestle Nigeria's adjusted earnings per share data for the three months ended in Jun. 2026 was ₦32.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₦30.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nestle Nigeria  (NSA:NESTLE) 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.


Nestle Nigeria Shiller PE Ratio Related Terms


Nestle Nigeria Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Nestle Nigeria'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.

Nestle Nigeria Shiller PE Ratio Chart

Nestle Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.52 23.04 30.88 73.32 91.21

Nestle Nigeria 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 84.85 100.89 91.21 132.49 103.34

NSA:NESTLE vs KHC, GIS, HRL: Shiller PE Ratio Comparison

For the Packaged Foods subindustry, Nestle Nigeria'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.


Nestle Nigeria Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's Shiller PE Ratio distribution charts can be found below:

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


NSA:NESTLE
82GF Score
Nestle Nigeria PLC NSA:NESTLE
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nestle Nigeria 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.

Nestle Nigeria's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2800.00/30.24
=92.59

* 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.

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

For example, Nestle Nigeria'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)
=32.52/333.9520*333.9520
=32.520

Current CPI (Jun. 2026) = 333.9520.

Nestle Nigeria Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.060 241.428 -0.083
201612 9.390 241.432 12.988
201703 10.550 243.801 14.451
201706 10.330 244.955 14.083
201709 8.110 246.819 10.973
201712 13.560 246.524 18.369
201803 10.860 249.554 14.533
201806 16.210 251.989 21.483
201809 14.710 252.439 19.460
201812 12.480 251.233 16.589
201903 16.210 254.202 21.296
201906 16.900 256.143 22.034
201909 13.370 256.759 17.390
201912 11.150 256.974 14.490
202003 14.120 258.115 18.269
202006 13.410 257.797 17.371
202009 12.760 260.280 16.372
202012 9.180 260.474 11.770
202103 15.640 264.877 19.719
202106 11.770 271.696 14.467
202109 14.950 274.310 18.201
202112 8.141 278.802 9.751
202203 22.680 287.504 26.344
202206 12.330 296.311 13.896
202209 15.650 296.808 17.609
202212 11.119 296.797 12.511
202303 20.450 301.836 22.626
202306 -83.500 305.109 -91.394
202309 8.720 307.789 9.461
202312 -45.929 306.746 -50.003
202403 -180.008 312.332 -192.468
202406 -43.184 314.175 -45.902
202409 -9.280 315.301 -9.829
202412 24.823 315.605 26.266
202503 38.070 319.799 39.755
202506 25.730 322.561 26.639
202509 27.640 324.800 28.419
202512 40.980 324.054 42.232
202603 49.200 330.213 49.757
202606 32.520 333.952 32.520

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 92.59 mean?
Nestle Nigeria (NSA:NESTLE) has a Shiller PE Ratio of 92.59 as of Aug. 14, 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 Nestle Nigeria and its competitors. This is 159% above median its historical median of 35.75. Over the past decade, Nestle Nigeria's Shiller PE Ratio has ranged from 20.26 to 158.13. According to the industry distribution chart, Nestle Nigeria ranks #1065 out of 1134 companies in the Consumer Packaged Goods industry, placing it in the top 93.9%.
Is Nestle Nigeria's Shiller PE Ratio too high?
Nestle Nigeria's current Shiller PE Ratio of 92.59 is 159% above median its 10-year median of 35.75. Over the past 10 years, this metric has ranged from a low of 20.26 to a high of 158.13. The Consumer Packaged Goods industry median Shiller PE Ratio is 17.28. Nestle Nigeria's value of 92.59 is 436% above this industry median. Based on the distribution chart, Nestle Nigeria ranks #1065 out of 1134 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nestle Nigeria has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's Shiller PE Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Nigeria ranks #1065 out of 1134 companies for Shiller PE Ratio. This places Nestle Nigeria in the lower half of its industry. The industry median Shiller PE Ratio is 17.28. Nestle Nigeria's value of 92.59 is 436% above this benchmark. Historically, Nestle Nigeria's own Shiller PE Ratio has ranged from 20.26 to 158.13 over the past decade. While the company's 10-year median is 35.75 vs. the industry median of 17.28, Nestle Nigeria 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 Consumer Packaged Goods company?
The median Shiller PE Ratio among Consumer Packaged Goods companies is 17.28, based on 1,134 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. Nestle Nigeria's current Shiller PE Ratio of 92.59 is 436% 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 Nestle Nigeria and its competitors. For the Consumer Packaged Goods industry, the median Shiller PE Ratio is 17.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Nigeria's current Shiller PE Ratio is 92.59, which is 159% above median its own 10-year median of 35.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Nestle Nigeria (NSA:NESTLE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦2,152.64, compared to a current price of ₦2,800.00 — trading 30.1% above its estimated fair value. The current Shiller PE Ratio is 92.59, which is 159% above median its 10-year median of 35.75 and 436% above the Consumer Packaged Goods industry median of 17.28. Nestle Nigeria's overall GF Score™ is 82/100 with 7 warning signs 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 Nestle Nigeria (NSA:NESTLE), the current Shiller PE Ratio is 92.59 as of Aug. 14, 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 Nestle Nigeria (NSA:NESTLE) Overvalued in 2026?

Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued. The current stock price of ₦2,800.00 is trading 30.1% above its estimated GF Value™ of ₦2,152.64. GuruFocus considers Nestle Nigeria to be Modestly Overvalued.

Key valuation signals for NSA:NESTLE:

  • Shiller PE Ratio: 92.59 (159% above median its 10-year median of 35.75)
  • GF Value™: ₦2,152.64 vs. price of ₦2,800.00 (30.1% above fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 436% above the Consumer Packaged Goods median (#1065 of 1134)

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


Nestle Nigeria Business Description

Other Exchanges NSTL:Canada
Address 22-24, Industrial Avenue, Ilupeju, Lagos, NGA, 102215
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The Food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The Beverage segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The Food segment generates the majority of the revenue. Geographically, the majority of the revenue is generated from Nigeria.
82GF Score

Get the complete analysis for NSA:NESTLE

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

₦2,800.00
Price
₦2,152.64
GF Value