Bank Muscat (SAOG) (BAH:BMUSC) E10: BHD0.02 (As of Mar. 2026)


BAH:BMUSC Bank Muscat (SAOG) BAH:BMUSC
50 GF Score
Price BHD0.28
GF Value BHD0.22
! 2 Warning Signs
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What is Bank Muscat (SAOG) E10?

Bank Muscat (SAOG) BAH:BMUSC 50 E10 is BHD0.02 as of Mar. 2026. GuruFocus rates BAH:BMUSC with a GF Score™ of 50/100 and a GF Value™ of BHD0.22. The stock has 2 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.

Bank Muscat (SAOG)'s adjusted earnings per share data for the three months ended in Mar. 2026 was BHD0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BHD0.02 for the trailing ten years ended in Mar. 2026.

During the past 5 years, the average E10 Growth Rate was -26.60% 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.

As of today (2026-06-30), Bank Muscat (SAOG)'s current stock price is BHD0.28104. Bank Muscat (SAOG)'s E10 for the quarter that ended in Mar. 2026 was BHD0.02. Bank Muscat (SAOG)'s Shiller PE Ratio of today is 14.05.

During the past 13 years, the highest Shiller PE Ratio of Bank Muscat (SAOG) was 16.23. The lowest was 1.30. And the median was 8.79.


Bank Muscat (SAOG)  (BAH:BMUSC) 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.

Bank Muscat (SAOG)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.28104/0.02
=14.05

* 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 Bank Muscat (SAOG) was 16.23. The lowest was 1.30. And the median was 8.79.


Be Aware

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


Bank Muscat (SAOG) E10 Related Terms


Bank Muscat (SAOG) E10 Historical Data

* Premium members only.

The historical data trend for Bank Muscat (SAOG)'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.

Bank Muscat (SAOG) E10 Chart

Bank Muscat (SAOG) 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 0.13 0.03 0.03 0.03 0.03

Bank Muscat (SAOG) 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 0.03 0.03 0.03 0.03 0.02

BAH:BMUSC vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Bank Muscat (SAOG)'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.


Bank Muscat (SAOG) Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank Muscat (SAOG)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank Muscat (SAOG)'s Shiller PE Ratio falls into.


BAH:BMUSC
50GF Score
Bank Muscat (SAOG) BAH:BMUSC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank Muscat (SAOG) 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, Bank Muscat (SAOG)'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)
=0.009/330.2130*330.2130
=0.009

Current CPI (Mar. 2026) = 330.2130.

Bank Muscat (SAOG) Quarterly Data

per share eps CPI Adj_EPS
201509 0.007 237.945 0.010
201512 0.003 236.525 0.004
201603 0.006 238.132 0.008
201606 0.007 241.018 0.010
201609 0.007 241.428 0.010
201612 0.005 241.432 0.007
201703 0.006 243.801 0.008
201706 0.006 244.955 0.008
201709 0.006 246.819 0.008
201712 0.006 246.524 0.008
201812 0.000 251.233 0.000
201903 0.006 254.202 0.008
201906 0.006 256.143 0.008
201909 0.006 256.759 0.008
201912 0.006 256.974 0.008
202003 0.004 258.115 0.005
202006 0.005 257.797 0.006
202009 0.006 260.280 0.008
202012 0.007 260.474 0.009
202103 0.006 264.877 0.007
202106 0.006 271.696 0.007
202109 0.006 274.310 0.007
202112 0.006 278.802 0.007
202203 0.006 287.504 0.007
202206 0.006 296.311 0.007
202209 0.007 296.808 0.008
202212 0.006 296.797 0.007
202303 0.007 301.836 0.008
202306 0.006 305.109 0.006
202309 0.007 307.789 0.008
202312 0.005 306.746 0.005
202403 0.007 312.332 0.007
202406 0.006 314.175 0.006
202409 0.008 315.301 0.008
202412 0.004 315.605 0.004
202503 0.008 319.799 0.008
202506 0.006 322.561 0.006
202509 0.010 324.800 0.010
202512 0.005 324.054 0.005
202603 0.009 330.213 0.009

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 BHD0.02 mean?
Bank Muscat (SAOG) (BAH:BMUSC) has a E10 of BHD0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bank Muscat (SAOG) and its competitors.
Is Bank Muscat (SAOG)'s E10 too high?
Bank Muscat (SAOG)'s current E10 is BHD0.02. Overall, Bank Muscat (SAOG) has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Bank Muscat (SAOG)'s E10 compare to PNC and USB?
Bank Muscat (SAOG)'s E10 of BHD0.02 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 Bank Muscat (SAOG) and its competitors. Bank Muscat (SAOG)'s current E10 is BHD0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Muscat (SAOG) stock overvalued right now?
Bank Muscat (SAOG) (BAH:BMUSC) has a current E10 of BHD0.02. The stock's GF Value™ is BHD0.22, compared to a current price of BHD0.28 — trading 27.7% above its estimated fair value. The current E10 is BHD0.02. Bank Muscat (SAOG)'s overall GF Score™ is 50/100 with 2 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 Bank Muscat (SAOG) (BAH:BMUSC), the current E10 is BHD0.02 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 Bank Muscat (SAOG) (BAH:BMUSC) Overvalued in 2026?

Based on GuruFocus' analysis, Bank Muscat (SAOG) stock appears to be overvalued. The current stock price of BHD0.28 is trading 27.7% above its estimated GF Value™ of BHD0.22.

Key valuation signals for BAH:BMUSC:

  • E10: BHD0.02
  • GF Value™: BHD0.22 vs. price of BHD0.28 (27.7% above fair value)
  • GF Score™: 50/100 with 2 warning signs

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


Bank Muscat (SAOG) Business Description

Other Exchanges BKMB:Oman
Address Street No. 62, Block No. 311, Building No. 120/4, Airport Heights, Seeb, Muscat, OMN, 112
Bank Muscat (SAOG) is a banking corporation. Its business is to accept Sharia-compliant customer deposits, provide Shari'a-compliant financing based on various Shari'a-compliant modes, and undertake investment activities, commercial banking services, and other investment activities in the Sultanate of Oman. The company's service segments include Personal, Corporate, Wholesale, Islamic, and International banking. It generates the majority of revenue from the personal banking segment, which provides products and services to individuals, including consumer loans, credit cards, deposit accounts, savings deposits, foreign exchange, e-banking, remittances, bancassurance, and other branch-related services.
50GF Score

Get the complete analysis for BAH:BMUSC

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

BHD0.28
Price
BHD0.22
GF Value