Eurobank (HAM:1X8) Cyclically Adjusted Book per Share: €2.33 (As of Mar. 2026)


HAM:1X8 Eurobank SA HAM:1X8
63 GF Score
Price €4.14
GF Value €2.46
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Eurobank Cyclically Adjusted Book per Share?

Eurobank HAM:1X8 +1.60% 63 Cyclically Adjusted Book per Share is €2.33 as of Mar. 2026. GuruFocus rates HAM:1X8 with a GF Score™ of 63/100 and a GF Value™ of €2.46 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Eurobank's adjusted book value per share for the three months ended in Mar. 2026 was €3.005. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €2.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Eurobank's average Cyclically Adjusted Book Growth Rate was -32.10% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Eurobank was -59.00% per year. The lowest was -62.30% per year. And the median was -60.65% per year.

As of today (2026-07-13), Eurobank's current stock price is €4.139. Eurobank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.33. Eurobank's Cyclically Adjusted PB Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eurobank was 1.77. The lowest was 0.01. And the median was 0.37.


Eurobank  (HAM:1X8) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Eurobank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.139/2.33
=1.78

* 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 Cyclically Adjusted PB Ratio of Eurobank was 1.77. The lowest was 0.01. And the median was 0.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Eurobank Cyclically Adjusted Book per Share Related Terms


Eurobank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eurobank's Cyclically Adjusted Book per Share 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.

Eurobank Cyclically Adjusted Book per Share Chart

Eurobank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.46

Eurobank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.00 0.00 0.00 2.46 2.33

HAM:1X8 vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Eurobank's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Eurobank Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Eurobank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eurobank's Cyclically Adjusted PB Ratio falls into.


HAM:1X8
63GF Score
Eurobank SA HAM:1X8
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eurobank Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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, Eurobank's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.005/124.8200*124.8200
=3.005

Current CPI (Mar. 2026) = 124.8200.

Eurobank Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.563 100.121 3.195
201609 2.573 99.878 3.216
201612 2.657 100.110 3.313
201703 2.669 100.770 3.306
201706 2.733 101.138 3.373
201709 2.719 100.882 3.364
201712 2.837 100.762 3.514
201803 2.311 100.534 2.869
201806 2.318 102.121 2.833
201809 2.316 101.982 2.835
201812 2.308 101.330 2.843
201903 2.324 101.482 2.858
201906 1.727 101.837 2.117
201909 1.774 101.906 2.173
201912 1.799 102.120 2.199
202003 1.780 101.479 2.189
202006 1.468 100.239 1.828
202009 1.442 99.886 1.802
202012 1.420 99.751 1.777
202103 1.435 99.817 1.794
202106 1.470 101.270 1.812
202109 1.475 102.095 1.803
202112 1.494 104.853 1.778
202203 1.527 108.651 1.754
202206 1.677 113.517 1.844
202209 1.706 114.371 1.862
202212 1.789 112.428 1.986
202303 1.860 113.620 2.043
202306 1.987 115.515 2.147
202309 2.035 116.234 2.185
202312 2.158 116.364 2.315
202403 2.236 117.285 2.380
202406 2.352 118.129 2.485
202409 2.378 119.650 2.481
202412 2.422 119.360 2.533
202503 2.504 120.133 2.602
202506 2.641 121.399 2.715
202509 2.726 121.950 2.790
202512 2.931 122.450 2.988
202603 3.005 124.820 3.005

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €2.33 mean?
Eurobank (HAM:1X8) has a Cyclically Adjusted Book per Share of €2.33 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Eurobank and its competitors.
Is Eurobank's Cyclically Adjusted Book per Share too high?
Eurobank's current Cyclically Adjusted Book per Share is €2.33. Overall, Eurobank has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eurobank's Cyclically Adjusted Book per Share compare to PNC and USB?
Eurobank's Cyclically Adjusted Book per Share of €2.33 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 Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Eurobank and its competitors. Eurobank's current Cyclically Adjusted Book per Share is €2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eurobank stock overvalued right now?
Based on GuruFocus' analysis, Eurobank (HAM:1X8) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.46, compared to a current price of €4.14 — trading 68.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €2.33. Eurobank's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Eurobank (HAM:1X8), the current Cyclically Adjusted Book per Share is €2.33 as of Mar. 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 Eurobank (HAM:1X8) Overvalued in 2026?

Based on GuruFocus' analysis, Eurobank stock appears to be overvalued. The current stock price of €4.14 is trading 68.3% above its estimated GF Value™ of €2.46. GuruFocus considers Eurobank to be Significantly Overvalued.

Key valuation signals for HAM:1X8:

  • Cyclically Adjusted Book per Share: €2.33
  • GF Value™: €2.46 vs. price of €4.14 (68.3% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the HAM:1X8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eurobank Business Description

Address 8 Othonos Street, Athens, GRC, 105 57
Eurobank SA operates as a universal bank offering a comprehensive suite of financial services. It provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg. The company offers current accounts, savings, deposits and investment savings products, credit and debit cards, consumer loans, small business banking, and mortgages, overdrafts, loans and other credit facilities, and Others services. It also provides custody and clearing services, cash management and trade service, and investment banking services. The operating segments of the company are: Retail, Corporate, Markets, Investment Property, RSS, and International. Geographically, the Group is active in Greece, Cyprus, Bulgaria and Luxembourg.
63GF Score

Get the complete analysis for HAM:1X8

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.14
Price
€2.46
GF Value