BNBX (BNB Plus) E10: $-121,872.93 (As of Mar. 2026)


BNBX BNB Plus Corp BNBX
23 GF Score
Price $0.39
GF Value $0.23
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is BNB Plus E10?

BNB Plus BNBX +4.43% 23 E10 is $-121,872.93 as of Mar. 2026. GuruFocus rates BNBX with a GF Score™ of 23/100 and a GF Value™ of $0.23 (Significantly Overvalued). The stock has 6 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.

BNB Plus's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-121,872.93 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 27.60% per year. During the past 5 years, the average E10 Growth Rate was 22.20% per year. During the past 10 years, the average E10 Growth Rate was 17.00% 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 BNB Plus was 52.00% per year. The lowest was 7.50% per year. And the median was 17.10% per year.

As of today (2026-06-27), BNB Plus's current stock price is $0.3852. BNB Plus's E10 for the quarter that ended in Mar. 2026 was $-121,872.93. BNB Plus's Shiller PE Ratio of today is .


BNB Plus  (NAS:BNBX) 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.


Be Aware

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


BNB Plus E10 Related Terms


BNB Plus E10 Historical Data

* Premium members only.

The historical data trend for BNB Plus'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.

BNB Plus E10 Chart

BNB Plus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -398,412.12 -373,377.71 -264,398.33 -192,253.05 -141,745.02

BNB Plus 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 -147,861.22 -142,688.82 -141,745.02 -131,396.74 -121,872.93

BNBX vs TWAV, DEFG, PIAC: E10 Comparison

For the Asset Management subindustry, BNB Plus'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.


BNB Plus Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNB Plus's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BNB Plus's Shiller PE Ratio falls into.


BNBX
23GF Score
BNB Plus Corp BNBX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNB Plus 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, BNB Plus'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)
=-0.68/330.2130*330.2130
=-0.680

Current CPI (Mar. 2026) = 330.2130.

BNB Plus Quarterly Data

per share eps CPI Adj_EPS
201606 -84,175.275 241.018 -115,326.532
201609 -60,376.900 241.428 -82,580.468
201612 -92,125.209 241.432 -126,002.111
201703 -79,740.837 243.801 -108,003.909
201706 -58,018.867 244.955 -78,212.668
201709 -63,437.289 246.819 -84,871.171
201712 -63,674.240 246.524 -85,290.121
201803 -42,924.180 249.554 -56,797.816
201806 -57,754.460 251.989 -75,682.960
201809 -69,505.660 252.439 -90,919.678
201812 -54,818.983 251.233 -72,052.401
201903 -43,334.790 254.202 -56,292.677
201906 -23,458.905 256.143 -30,242.620
201909 -19,171.775 256.759 -24,656.465
201912 -11,489.453 256.974 -14,764.010
202003 -10,933.796 258.115 -13,987.880
202006 -9,937.915 257.797 -12,729.507
202009 -12,055.360 260.280 -15,294.439
202012 -12,757.443 260.474 -16,173.106
202103 -3,039.679 264.877 -3,789.463
202106 -6,911.810 271.696 -8,400.453
202109 -9,040.267 274.310 -10,882.628
202112 -9,462.457 278.802 -11,207.331
202203 -3,410.201 287.504 -3,916.790
202206 -1,879.967 296.311 -2,095.061
202209 -771.185 296.808 -857.980
202212 -4,469.037 296.797 -4,972.200
202303 684.120 301.836 748.437
202306 -3,604.379 305.109 -3,900.943
202309 -3,947.543 307.789 -4,235.142
202312 -1,294.154 306.746 -1,393.161
202403 -3,981.750 312.332 -4,209.705
202406 1,170.480 314.175 1,230.231
202409 -239.781 315.301 -251.121
202412 -417.530 315.605 -436.856
202503 -230.300 319.799 -237.800
202506 -34.000 322.561 -34.807
202509 -3.171 324.800 -3.224
202512 -2.080 324.054 -2.120
202603 -0.680 330.213 -0.680

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 $-121,872.93 mean?
BNB Plus (BNBX) has a E10 of $-121,872.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BNB Plus and its competitors.
Is BNB Plus' E10 too high?
BNB Plus' current E10 is $-121,872.93. Overall, BNB Plus has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNB Plus' E10 compare to TWAV and DEFG?
BNB Plus' E10 of $-121,872.93 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 BNB Plus and its competitors. BNB Plus's current E10 is $-121,872.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNB Plus stock overvalued right now?
Based on GuruFocus' analysis, BNB Plus (BNBX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.23, compared to a current price of $0.39 — trading 67.5% above its estimated fair value. The current E10 is $-121,872.93. BNB Plus' overall GF Score™ is 23/100 with 6 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 BNB Plus (BNBX), the current E10 is $-121,872.93 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 BNB Plus (BNBX) Overvalued in 2026?

Based on GuruFocus' analysis, BNB Plus stock appears to be overvalued. The current stock price of $0.39 is trading 67.5% above its estimated GF Value™ of $0.23. GuruFocus considers BNB Plus to be Significantly Overvalued.

Key valuation signals for BNBX:

  • E10: $-121,872.93
  • GF Value™: $0.23 vs. price of $0.39 (67.5% above fair value)
  • GF Score™: 23/100 with 6 warning signs

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


BNB Plus Business Description

Address 50 Health Sciences Drive, Stony Brook, New York, NY, USA, 11790
BNB Plus Corp focuses on digital asset treasury management of BNB. The group is unlocking institutional-grade access to the Binance ecosystem, delivering non-directional yield strategies and long BNB exposure, powering the future of blockchain through a transparent, actively managed BNB treasury. The Company's differentiated blends sophisticated DeFi yield generation with Binance-native opportunities, unlocking access to high-performance digital assets for investors traditionally excluded from the space.
23GF Score

Get the complete analysis for BNBX

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

$0.39
Price
$0.23
GF Value