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Dev Information TechnologyNSE:DEVIT -0.78%76 Shiller PE Ratio is 11.41 as of Aug. 11, 2026, which is 79% below its 10-year median of 54.26. GuruFocus rates NSE:DEVIT with a GF Score™ of 76/100 and a GF Value™ of ₹57.54 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,032 Software companies, Dev Information Technology ranks better than 83.91% on this metric.
The historical rank and industry rank for Dev Information Technology's Shiller PE Ratio or its related term are showing as below:
NSE:DEVIT'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 11 Med: 54.26 Max: 89.4
Current: 11.48
During the past 13 years, Dev Information Technology's highest Shiller PE Ratio was 89.40. The lowest was 11.00. And the median was 54.26.
NSE:DEVIT's Shiller PE Ratio is ranked better than 83.91% of 1032
companies
in the Software industry
Industry Median: 27.67
vs NSE:DEVIT: 11.48
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.
Dev Information Technology's adjusted earnings per share data of for the fiscal year that ended in Mar26 was ₹13.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹2.34 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Dev Information Technology (NSE:DEVIT) 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.
Dev Information Technology Shiller PE Ratio Related Terms
Dev Information Technology Shiller PE Ratio Historical Data
* 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.
NSE:DEVIT vs IBM, ACN, FISV: Shiller PE Ratio Comparison
For the Information Technology Services subindustry, Dev Information Technology'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.
Dev Information Technology Shiller PE Ratio vs Software Industry
For the Software industry and Technology sector, Dev Information Technology's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Dev Information Technology's Shiller PE Ratio falls into.
Dev Information Technology 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.
* 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.
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.
Dev Information Technology (NSE:DEVIT) has a Shiller PE Ratio of 11.41 as of Aug. 11, 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 Dev Information Technology and its competitors. This is 79% below median its historical median of 54.26. Over the past decade, Dev Information Technology's Shiller PE Ratio has ranged from 11.00 to 89.40. According to the industry distribution chart, Dev Information Technology ranks #166 out of 1032 companies in the Software industry, placing it in the top 16.1%.
Is Dev Information Technology's Shiller PE Ratio too high?
Dev Information Technology's current Shiller PE Ratio of 11.41 is 79% below median its 10-year median of 54.26. Over the past 10 years, this metric has ranged from a low of 11.00 to a high of 89.40. The Software industry median Shiller PE Ratio is 27.67. Dev Information Technology's value of 11.41 is 58.8% below this industry median. Based on the distribution chart, Dev Information Technology ranks #166 out of 1032 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dev Information Technology has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's Shiller PE Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #166 out of 1032 companies for Shiller PE Ratio. This places Dev Information Technology in the top 16% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 27.67. Dev Information Technology's value of 11.41 is 58.8% below this benchmark. Historically, Dev Information Technology's own Shiller PE Ratio has ranged from 11.00 to 89.40 over the past decade. While the company's 10-year median is 54.26 vs. the industry median of 27.67, Dev Information Technology has consistently been below 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 27.67, based on 1,032 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. Dev Information Technology's current Shiller PE Ratio of 11.41 is 58.8% below 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 Dev Information Technology and its competitors. For the Software industry, the median Shiller PE Ratio is 27.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current Shiller PE Ratio is 11.41, which is 79% below median its own 10-year median of 54.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.54, compared to a current price of ₹26.70 — trading 53.6% below its estimated fair value. The current Shiller PE Ratio is 11.41, which is 79% below median its 10-year median of 54.26 and 58.8% below the Software industry median of 27.67. Dev Information Technology's overall GF Score™ is 76/100 with 4 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 Dev Information Technology (NSE:DEVIT), the current Shiller PE Ratio is 11.41 as of Aug. 11, 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 Dev Information Technology (NSE:DEVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued.
The current stock price of ₹26.70 is trading 53.6% below its estimated GF Value™ of ₹57.54.
GuruFocus considers Dev Information Technology to be Possible Value Trap.
Key valuation signals for NSE:DEVIT:
Shiller PE Ratio: 11.41 (79% below median its 10-year median of 54.26)
GF Value™: ₹57.54 vs. price of ₹26.70 (53.6% below fair value)
Industry Position: 58.8% below the Software median (#166 of 1032)
No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
76GF Score
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