National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) E10: د.إ0.74 (As of Mar. 2026)


ADX:RAKBANK National Bank of Ras Al-Khaimah PSC ADX:RAKBANK
58 GF Score
Price د.إ9.14
GF Value د.إ7.52
Valuation Modestly Overvalued
! 4 Warning Signs
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What is National Bank of Ras Al-Khaimah PSC E10?

National Bank of Ras Al-Khaimah PSC ADX:RAKBANK +0.99% 58 E10 is د.إ0.74 as of Mar. 2026. GuruFocus rates ADX:RAKBANK with a GF Score™ of 58/100 and a GF Value™ of د.إ7.52 (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.

National Bank of Ras Al-Khaimah PSC's adjusted earnings per share data for the three months ended in Mar. 2026 was د.إ0.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is د.إ0.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, National Bank of Ras Al-Khaimah PSC's average E10 Growth Rate was 12.10% per year. During the past 3 years, the average E10 Growth Rate was 4.80% per year. During the past 5 years, the average E10 Growth Rate was 3.30% 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 National Bank of Ras Al-Khaimah PSC was 4.80% per year. The lowest was -0.50% per year. And the median was 1.70% per year.

As of today (2026-07-02), National Bank of Ras Al-Khaimah PSC's current stock price is د.إ9.14. National Bank of Ras Al-Khaimah PSC's E10 for the quarter that ended in Mar. 2026 was د.إ0.74. National Bank of Ras Al-Khaimah PSC's Shiller PE Ratio of today is 12.35.

During the past 13 years, the highest Shiller PE Ratio of National Bank of Ras Al-Khaimah PSC was 14.61. The lowest was 1.55. And the median was 6.62.


National Bank of Ras Al-Khaimah PSC  (ADX:RAKBANK) 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.

National Bank of Ras Al-Khaimah PSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.14/0.74
=12.35

* 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 Shiller P/E Ratio of National Bank of Ras Al-Khaimah PSC was 14.61. The lowest was 1.55. And the median was 6.62.


Be Aware

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


National Bank of Ras Al-Khaimah PSC E10 Related Terms


National Bank of Ras Al-Khaimah PSC E10 Historical Data

* Premium members only.

The historical data trend for National Bank of Ras Al-Khaimah PSC'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.

National Bank of Ras Al-Khaimah PSC E10 Chart

National Bank of Ras Al-Khaimah PSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.60 0.61 0.64 0.69

National Bank of Ras Al-Khaimah PSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.66 0.67 0.69 0.69 0.74

National Bank of Ras Al-Khaimah PSC E10 Competitor Comparison

For the Banks - Regional subindustry, National Bank of Ras Al-Khaimah PSC'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.


National Bank of Ras Al-Khaimah PSC Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, National Bank of Ras Al-Khaimah PSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where National Bank of Ras Al-Khaimah PSC's Shiller PE Ratio falls into.


ADX:RAKBANK
58GF Score
National Bank of Ras Al-Khaimah PSC ADX:RAKBANK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Ras Al-Khaimah PSC 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, National Bank of Ras Al-Khaimah PSC's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.5/330.2130*330.2130
=0.500

Current CPI (Mar. 2026) = 330.2130.

National Bank of Ras Al-Khaimah PSC Quarterly Data

per share eps CPI Adj_EPS
201606 0.100 241.018 0.137
201609 0.050 241.428 0.068
201612 0.050 241.432 0.068
201703 0.075 243.801 0.102
201706 0.108 244.955 0.146
201709 0.108 246.819 0.144
201712 0.100 246.524 0.134
201803 0.100 249.554 0.132
201806 0.108 251.989 0.142
201809 0.117 252.439 0.153
201812 0.117 251.233 0.154
201903 0.133 254.202 0.173
201906 0.142 256.143 0.183
201909 0.142 256.759 0.183
201912 0.125 256.974 0.161
202003 0.075 258.115 0.096
202006 0.075 257.797 0.096
202009 0.067 260.280 0.085
202012 0.033 260.474 0.042
202103 0.058 264.877 0.072
202106 0.092 271.696 0.112
202109 0.117 274.310 0.141
202112 0.108 278.802 0.128
202203 0.108 287.504 0.124
202206 0.150 296.311 0.167
202209 0.180 296.808 0.200
202212 0.140 296.797 0.156
202303 0.220 301.836 0.241
202306 0.220 305.109 0.238
202309 0.220 307.789 0.236
202312 0.220 306.746 0.237
202403 0.290 312.332 0.307
202406 0.260 314.175 0.273
202409 0.300 315.301 0.314
202412 0.190 315.605 0.199
202503 0.350 319.799 0.361
202506 0.330 322.561 0.338
202509 0.350 324.800 0.356
202512 0.260 324.054 0.265
202603 0.500 330.213 0.500

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 د.إ0.74 mean?
National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) has a E10 of د.إ0.74 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Bank of Ras Al-Khaimah PSC and its competitors.
Is National Bank of Ras Al-Khaimah PSC's E10 too high?
National Bank of Ras Al-Khaimah PSC's current E10 is د.إ0.74. Overall, National Bank of Ras Al-Khaimah PSC has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Ras Al-Khaimah PSC's E10 compare to competitors?
National Bank of Ras Al-Khaimah PSC's E10 of د.إ0.74 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 E10 for a Banks company?
A good E10 depends on the Banks 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 National Bank of Ras Al-Khaimah PSC and its competitors. National Bank of Ras Al-Khaimah PSC's current E10 is د.إ0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Ras Al-Khaimah PSC stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) is currently considered Modestly Overvalued. The stock's GF Value™ is د.إ7.52, compared to a current price of د.إ9.14 — trading 21.5% above its estimated fair value. The current E10 is د.إ0.74. National Bank of Ras Al-Khaimah PSC's overall GF Score™ is 58/100 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 National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK), the current E10 is د.إ0.74 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 National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Ras Al-Khaimah PSC stock appears to be overvalued. The current stock price of د.إ9.14 is trading 21.5% above its estimated GF Value™ of د.إ7.52. GuruFocus considers National Bank of Ras Al-Khaimah PSC to be Modestly Overvalued.

Key valuation signals for ADX:RAKBANK:

  • E10: د.إ0.74
  • GF Value™: د.إ7.52 vs. price of د.إ9.14 (21.5% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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


National Bank of Ras Al-Khaimah PSC Business Description

Address Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Ras Al-Khaimah, ARE
National Bank of Ras Al-Khaimah PSC is engaged in providing retail and commercial banking services in the UAE. The bank has operating segments, namely Retail Banking, Wholesale Banking, Business Banking, Head office & Others. It generates maximum revenue from the Wholesale banking segment, which represents transactions with corporate bodies, including government and public bodies, and comprises loans, advances, deposits, and trade finance transactions of corporate customers and financial institutions.
58GF Score

Get the complete analysis for ADX:RAKBANK

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

د.إ9.14
Price
د.إ7.52
GF Value