BNCC (BNCCORP) E10: $4.30 (As of Mar. 2026)


BNCC BNCCORP Inc BNCC
60 GF Score
Price $35.00
GF Value $30.56
Valuation Modestly Overvalued
! 2 Warning Signs
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What is BNCCORP E10?

BNCCORP BNCC 60 E10 is $4.30 as of Mar. 2026. GuruFocus rates BNCC with a GF Score™ of 60/100 and a GF Value™ of $30.56 (Modestly Overvalued). 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.

BNCCORP's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BNCCORP's average E10 Growth Rate was 3.60% per year. During the past 3 years, the average E10 Growth Rate was 1.40% per year. During the past 5 years, the average E10 Growth Rate was 12.20% per year. During the past 10 years, the average E10 Growth Rate was 56.90% 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 BNCCORP was 122.20% per year. The lowest was -55.20% per year. And the median was 44.70% per year.

As of today (2026-06-25), BNCCORP's current stock price is $35.00. BNCCORP's E10 for the quarter that ended in Mar. 2026 was $4.30. BNCCORP's Shiller PE Ratio of today is 8.14.

During the past 13 years, the highest Shiller PE Ratio of BNCCORP was 260.50. The lowest was 5.17. And the median was 12.99.


BNCCORP  (OTCPK:BNCC) 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.

BNCCORP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=35.00/4.30
=8.14

* 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 BNCCORP was 260.50. The lowest was 5.17. And the median was 12.99.


Be Aware

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


BNCCORP E10 Related Terms


BNCCORP E10 Historical Data

* Premium members only.

The historical data trend for BNCCORP'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.

BNCCORP E10 Chart

BNCCORP 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 4.39 4.05 4.06 4.15 4.22

BNCCORP 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 4.15 4.18 4.23 4.22 4.30

BNCC vs FCPB, HYNE, JDVB: E10 Comparison

For the Banks - Regional subindustry, BNCCORP'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.


BNCCORP Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, BNCCORP's Shiller PE Ratio distribution charts can be found below:

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


BNCC
60GF Score
BNCCORP Inc BNCC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNCCORP 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, BNCCORP'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)
=0.61/330.2130*330.2130
=0.610

Current CPI (Mar. 2026) = 330.2130.

BNCCORP Quarterly Data

per share eps CPI Adj_EPS
201606 0.580 241.018 0.795
201609 0.640 241.428 0.875
201612 0.410 241.432 0.561
201703 0.300 243.801 0.406
201706 0.410 244.955 0.553
201709 0.580 246.819 0.776
201712 0.090 246.524 0.121
201803 0.680 249.554 0.900
201806 0.600 251.989 0.786
201809 0.300 252.439 0.392
201812 0.350 251.233 0.460
201903 0.400 254.202 0.520
201906 0.750 256.143 0.967
201909 1.300 256.759 1.672
201912 0.430 256.974 0.553
202003 1.210 258.115 1.548
202006 3.970 257.797 5.085
202009 3.840 260.280 4.872
202012 3.490 260.474 4.424
202103 2.730 264.877 3.403
202106 1.170 271.696 1.422
202109 1.320 274.310 1.589
202112 0.930 278.802 1.101
202203 0.410 287.504 0.471
202206 0.560 296.311 0.624
202209 0.430 296.808 0.478
202212 0.410 296.797 0.456
202303 0.410 301.836 0.449
202306 0.160 305.109 0.173
202309 0.420 307.789 0.451
202312 0.600 306.746 0.646
202403 0.490 312.332 0.518
202406 0.530 314.175 0.557
202409 0.590 315.301 0.618
202412 0.630 315.605 0.659
202503 0.500 319.799 0.516
202506 0.620 322.561 0.635
202509 0.740 324.800 0.752
202512 0.620 324.054 0.632
202603 0.610 330.213 0.610

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 $4.30 mean?
BNCCORP (BNCC) has a E10 of $4.30 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BNCCORP and its competitors.
Is BNCCORP's E10 too high?
BNCCORP's current E10 is $4.30. Overall, BNCCORP has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNCCORP's E10 compare to FCPB and HYNE?
BNCCORP's E10 of $4.30 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 BNCCORP and its competitors. BNCCORP's current E10 is $4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNCCORP stock overvalued right now?
Based on GuruFocus' analysis, BNCCORP (BNCC) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.56, compared to a current price of $35.00 — trading 14.5% above its estimated fair value. The current E10 is $4.30. BNCCORP's overall GF Score™ is 60/100 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 BNCCORP (BNCC), the current E10 is $4.30 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 BNCCORP (BNCC) Overvalued in 2026?

Based on GuruFocus' analysis, BNCCORP stock appears to be overvalued. The current stock price of $35.00 is trading 14.5% above its estimated GF Value™ of $30.56. GuruFocus considers BNCCORP to be Modestly Overvalued.

Key valuation signals for BNCC:

  • E10: $4.30
  • GF Value™: $30.56 vs. price of $35.00 (14.5% above fair value)
  • GF Score™: 60/100 with 2 warning signs

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


BNCCORP Business Description

Address 322 East Main Avenue, P.O. Box 4050, Bismarck, ND, USA, 58501
BNCCORP Inc is a bank holding company. The company operates in three segments namely Community Banking, Mortgage Banking, and Holding company. It generates the majority of its revenue from the Community banking segment, which provides business and personal loans, commercial real estate loans, SBA loans, Business and personal checking, saving products, cash management, wealth management, and retirement plan administration.
60GF Score

Get the complete analysis for BNCC

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

$35.00
Price
$30.56
GF Value