Esterad Investment Co BSC (BAH:ESTERAD) E10: BHD0.02 (As of Mar. 2026)


BAH:ESTERAD Esterad Investment Co BSC BAH:ESTERAD
71 GF Score
Price BHD0.20
GF Value BHD0.40
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Esterad Investment Co BSC E10?

Esterad Investment Co BSC BAH:ESTERAD 71 E10 is BHD0.02 as of Mar. 2026. GuruFocus rates BAH:ESTERAD with a GF Score™ of 71/100 and a GF Value™ of BHD0.40 (Possible Value Trap). The stock has 7 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.

Esterad Investment Co BSC's adjusted earnings per share data for the three months ended in Mar. 2026 was BHD0.001. 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 3 years, the average E10 Growth Rate was 26.00% per year. During the past 5 years, the average E10 Growth Rate was 17.20% 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 Esterad Investment Co BSC was 26.00% per year. The lowest was 0.00% per year. And the median was 26.00% per year.

As of today (2026-07-02), Esterad Investment Co BSC's current stock price is BHD0.20. Esterad Investment Co BSC's E10 for the quarter that ended in Mar. 2026 was BHD0.02. Esterad Investment Co BSC's Shiller PE Ratio of today is 10.00.

During the past 13 years, the highest Shiller PE Ratio of Esterad Investment Co BSC was 23.52. The lowest was 8.62. And the median was 12.03.


Esterad Investment Co BSC  (BAH:ESTERAD) 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.

Esterad Investment Co BSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.20/0.02
=10.00

* 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 Esterad Investment Co BSC was 23.52. The lowest was 8.62. And the median was 12.03.


Be Aware

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


Esterad Investment Co BSC E10 Related Terms


Esterad Investment Co BSC E10 Historical Data

* Premium members only.

The historical data trend for Esterad Investment Co BSC'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.

Esterad Investment Co BSC E10 Chart

Esterad Investment Co BSC 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 0.01 0.01 0.01 0.02 0.02

Esterad Investment Co BSC 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 0.02 0.02 0.02 0.02 0.02

BAH:ESTERAD vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Esterad Investment Co BSC'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.


Esterad Investment Co BSC Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Esterad Investment Co BSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Esterad Investment Co BSC's Shiller PE Ratio falls into.


BAH:ESTERAD
71GF Score
Esterad Investment Co BSC BAH:ESTERAD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Esterad Investment Co BSC 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, Esterad Investment Co BSC'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)
=0.001/330.2130*330.2130
=0.001

Current CPI (Mar. 2026) = 330.2130.

Esterad Investment Co BSC Quarterly Data

per share eps CPI Adj_EPS
201606 0.000 241.018 0.000
201609 0.002 241.428 0.003
201612 0.000 241.432 0.000
201703 0.005 243.801 0.007
201706 0.000 244.955 0.000
201709 0.001 246.819 0.001
201712 0.002 246.524 0.003
201803 0.004 249.554 0.005
201806 -0.002 251.989 -0.003
201809 0.003 252.439 0.004
201812 -0.002 251.233 -0.003
201903 0.004 254.202 0.005
201906 0.002 256.143 0.003
201909 0.001 256.759 0.001
201912 0.010 256.974 0.013
202003 0.001 258.115 0.001
202006 0.000 257.797 0.000
202009 0.001 260.280 0.001
202012 0.002 260.474 0.003
202103 0.001 264.877 0.001
202106 0.003 271.696 0.004
202109 0.002 274.310 0.002
202112 0.004 278.802 0.005
202203 0.002 287.504 0.002
202206 0.002 296.311 0.002
202209 0.002 296.808 0.002
202212 0.008 296.797 0.009
202303 0.002 301.836 0.002
202306 0.005 305.109 0.005
202309 0.006 307.789 0.006
202312 0.022 306.746 0.024
202403 0.003 312.332 0.003
202406 0.006 314.175 0.006
202409 0.007 315.301 0.007
202412 0.023 315.605 0.024
202503 0.003 319.799 0.003
202506 0.006 322.561 0.006
202509 0.007 324.800 0.007
202512 0.025 324.054 0.025
202603 0.001 330.213 0.001

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?
Esterad Investment Co BSC (BAH:ESTERAD) 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 Esterad Investment Co BSC and its competitors.
Is Esterad Investment Co BSC's E10 too high?
Esterad Investment Co BSC's current E10 is BHD0.02. Overall, Esterad Investment Co BSC has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Esterad Investment Co BSC's E10 compare to BLK and BX?
Esterad Investment Co BSC's E10 of BHD0.02 can be compared against companies in the Asset Management 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 an Asset Management company?
A good E10 depends on the Asset Management 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 Esterad Investment Co BSC and its competitors. Esterad Investment Co BSC'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 Esterad Investment Co BSC stock overvalued right now?
Based on GuruFocus' analysis, Esterad Investment Co BSC (BAH:ESTERAD) is currently considered Possible Value Trap. The stock's GF Value™ is BHD0.40, compared to a current price of BHD0.20 — trading 50% below its estimated fair value. The current E10 is BHD0.02. Esterad Investment Co BSC's overall GF Score™ is 71/100 with 7 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 Esterad Investment Co BSC (BAH:ESTERAD), 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 Esterad Investment Co BSC (BAH:ESTERAD) Overvalued in 2026?

Based on GuruFocus' analysis, Esterad Investment Co BSC stock appears to be undervalued. The current stock price of BHD0.20 is trading 50% below its estimated GF Value™ of BHD0.40. GuruFocus considers Esterad Investment Co BSC to be Possible Value Trap.

Key valuation signals for BAH:ESTERAD:

  • E10: BHD0.02
  • GF Value™: BHD0.40 vs. price of BHD0.20 (50% below fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Esterad Investment Co BSC Business Description

Address GFH Tower, 3rd Floor, P.O. Box 1080, Manama, BHR
Esterad Investment Co BSC operates in the financial sector. The principal activity of the company is to invest in public and private equities, fixed income, real estate, and other asset classes in both local and international markets. It owns four key portfolio investment models including a strategic equity portfolio, fixed income portfolio, properties & income-producing assets, and a trading portfolio. The company generates the majority of its revenue from Investment income.
71GF Score

Get the complete analysis for BAH:ESTERAD

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

BHD0.20
Price
BHD0.40
GF Value