BPCGF (Banco Comercial Portugues) E10: $0.07 (As of Mar. 2026)


BPCGF Banco Comercial Portugues SA BPCGF
47 GF Score
Price $1.05
GF Value $0.57
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Banco Comercial Portugues E10?

Banco Comercial Portugues BPCGF 47 E10 is $0.07 as of Mar. 2026. GuruFocus rates BPCGF with a GF Score™ of 47/100 and a GF Value™ of $0.57 (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.

Banco Comercial Portugues's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.095. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Banco Comercial Portugues's average E10 Growth Rate was -14.30% per year. During the past 3 years, the average E10 Growth Rate was 91.30% 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 Banco Comercial Portugues was 91.30% per year. The lowest was -3.00% per year. And the median was 44.15% per year.

As of today (2026-06-25), Banco Comercial Portugues's current stock price is $1.046. Banco Comercial Portugues's E10 for the quarter that ended in Mar. 2026 was $0.07. Banco Comercial Portugues's Shiller PE Ratio of today is 14.94.

During the past 13 years, the highest Shiller PE Ratio of Banco Comercial Portugues was 22.36. The lowest was 5.07. And the median was 7.87.


Banco Comercial Portugues  (OTCPK:BPCGF) 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.

Banco Comercial Portugues's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.046/0.07
=14.94

* 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 Banco Comercial Portugues was 22.36. The lowest was 5.07. And the median was 7.87.


Be Aware

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


Banco Comercial Portugues E10 Related Terms


Banco Comercial Portugues E10 Historical Data

* Premium members only.

The historical data trend for Banco Comercial Portugues'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.

Banco Comercial Portugues E10 Chart

Banco Comercial Portugues 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 -0.63 0.01 0.05 0.07 0.07

Banco Comercial Portugues 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 0.07 0.08 0.08 0.07 0.07

BPCGF vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Banco Comercial Portugues'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.


Banco Comercial Portugues Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Banco Comercial Portugues's Shiller PE Ratio falls into.


BPCGF
47GF Score
Banco Comercial Portugues SA BPCGF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Comercial Portugues 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, Banco Comercial Portugues'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)
=0.095/124.2424*124.2424
=0.095

Current CPI (Mar. 2026) = 124.2424.

Banco Comercial Portugues Quarterly Data

per share eps CPI Adj_EPS
201606 -0.060 101.319 -0.074
201609 -0.013 101.122 -0.016
201612 0.053 100.998 0.065
201703 0.022 101.924 0.027
201706 0.003 102.240 0.004
201709 0.003 102.527 0.004
201712 0.000 102.479 0.000
201803 0.028 102.626 0.034
201806 0.005 103.790 0.006
201809 0.008 103.960 0.010
201812 -0.003 103.159 -0.004
201903 0.047 103.495 0.056
201906 0.001 104.192 0.001
201909 0.007 103.844 0.008
201912 -0.004 103.592 -0.005
202003 0.008 103.544 0.010
202006 0.003 104.323 0.004
202009 0.005 103.699 0.006
202012 -0.001 103.354 -0.001
202103 0.015 104.014 0.018
202106 -0.004 104.852 -0.005
202109 0.004 105.232 0.005
202112 0.005 106.191 0.006
202203 0.030 109.559 0.034
202206 -0.003 114.003 -0.003
202209 0.002 114.999 0.002
202212 0.005 116.377 0.005
202303 0.060 117.701 0.063
202306 0.015 117.872 0.016
202309 0.016 119.111 0.017
202312 0.012 118.032 0.013
202403 0.066 120.396 0.068
202406 0.018 121.165 0.018
202409 0.034 121.574 0.035
202412 0.011 121.585 0.011
202503 0.068 122.624 0.069
202506 0.020 124.042 0.020
202509 0.041 124.488 0.041
202512 0.017 124.242 0.017
202603 0.095 124.242 0.095

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 $0.07 mean?
Banco Comercial Portugues (BPCGF) has a E10 of $0.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Banco Comercial Portugues and its competitors.
Is Banco Comercial Portugues' E10 too high?
Banco Comercial Portugues' current E10 is $0.07. Overall, Banco Comercial Portugues has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Comercial Portugues' E10 compare to PNC and USB?
Banco Comercial Portugues' E10 of $0.07 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 Banco Comercial Portugues and its competitors. Banco Comercial Portugues's current E10 is $0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Comercial Portugues stock overvalued right now?
Based on GuruFocus' analysis, Banco Comercial Portugues (BPCGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.57, compared to a current price of $1.05 — trading 83.5% above its estimated fair value. The current E10 is $0.07. Banco Comercial Portugues' overall GF Score™ is 47/100 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 Banco Comercial Portugues (BPCGF), the current E10 is $0.07 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 Banco Comercial Portugues (BPCGF) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Comercial Portugues stock appears to be overvalued. The current stock price of $1.05 is trading 83.5% above its estimated GF Value™ of $0.57. GuruFocus considers Banco Comercial Portugues to be Significantly Overvalued.

Key valuation signals for BPCGF:

  • E10: $0.07
  • GF Value™: $0.57 vs. price of $1.05 (83.5% above fair value)
  • GF Score™: 47/100 with 6 warning signs

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


Banco Comercial Portugues Business Description

Address Praca D. Joao I, 28, Porto, PRT, 4000-295
Banco Comercial Portugues SA is a Portuguese private sector bank operating in Portugal, as well as Poland, Mozambique, Macau, and Angola. The bank offers a wide range of retail and corporate banking products and services. Its distribution network includes traditional branches, as well as online banking, call centers, mobile banking, ATMs, and point of sale systems. Along with its subsidiaries, it operates in the following segments: Retail Banking, Companies and Corporate, Private Banking, International Businesses, and Other. Maximum revenue is generated from the Retail Banking segment, which serves individuals, small businesses, and SMEs through a mix of mass-market services, personalized relationship management for higher-value customers, and includes the operations of ActivoBank.
47GF Score

Get the complete analysis for BPCGF

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

$1.05
Price
$0.57
GF Value