Banco Da Amazonia (BSP:BAZA3) E10: R$17.54 (As of Mar. 2026)


BSP:BAZA3 Banco Da Amazonia SA BSP:BAZA3
56 GF Score
Price R$59.99
GF Value R$92.48
Valuation Possible Value Trap
! 3 Warning Signs
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What is Banco Da Amazonia E10?

Banco Da Amazonia BSP:BAZA3 +0.02% 56 E10 is R$17.54 as of Mar. 2026. GuruFocus rates BSP:BAZA3 with a GF Score™ of 56/100 and a GF Value™ of R$92.48 (Possible Value Trap). The stock has 3 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 Da Amazonia's adjusted earnings per share data for the three months ended in Mar. 2026 was R$0.848. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$17.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Banco Da Amazonia's average E10 Growth Rate was 9.80% per year. During the past 3 years, the average E10 Growth Rate was 12.40% per year. During the past 5 years, the average E10 Growth Rate was 18.90% 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 Banco Da Amazonia was 26.40% per year. The lowest was 0.60% per year. And the median was 16.40% per year.

As of today (2026-06-29), Banco Da Amazonia's current stock price is R$59.99. Banco Da Amazonia's E10 for the quarter that ended in Mar. 2026 was R$17.54. Banco Da Amazonia's Shiller PE Ratio of today is 3.42.

During the past 13 years, the highest Shiller PE Ratio of Banco Da Amazonia was 7.23. The lowest was 3.36. And the median was 4.78.


Banco Da Amazonia  (BSP:BAZA3) 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 Da Amazonia's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=59.99/17.54
=3.42

* 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 Da Amazonia was 7.23. The lowest was 3.36. And the median was 4.78.


Be Aware

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


Banco Da Amazonia E10 Related Terms


Banco Da Amazonia E10 Historical Data

* Premium members only.

The historical data trend for Banco Da Amazonia'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 Da Amazonia E10 Chart

Banco Da Amazonia 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 9.82 12.07 13.97 15.47 17.13

Banco Da Amazonia 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 15.98 16.35 16.85 17.13 17.54

Banco Da Amazonia E10 Competitor Comparison

For the Banks - Regional subindustry, Banco Da Amazonia'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 Da Amazonia Shiller PE Ratio vs Banks Industry

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

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


BSP:BAZA3
56GF Score
Banco Da Amazonia SA BSP:BAZA3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Da Amazonia 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 Da Amazonia'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)
=0.848/175.0655*175.0655
=0.848

Current CPI (Mar. 2026) = 175.0655.

Banco Da Amazonia Quarterly Data

per share eps CPI Adj_EPS
201606 3.100 108.851 4.986
201609 -2.123 109.986 -3.379
201612 3.651 110.802 5.769
201703 -1.858 111.869 -2.908
201706 2.274 112.115 3.551
201709 -0.205 112.777 -0.318
201712 1.945 114.068 2.985
201803 -1.905 114.868 -2.903
201806 1.029 117.038 1.539
201809 0.425 117.881 0.631
201812 4.099 118.340 6.064
201903 -0.292 120.124 -0.426
201906 2.271 120.977 3.286
201909 0.601 121.292 0.867
201912 7.167 123.436 10.165
202003 1.107 124.092 1.562
202006 2.536 123.557 3.593
202009 0.509 125.095 0.712
202012 4.727 129.012 6.414
202103 3.527 131.660 4.690
202106 6.592 133.871 8.621
202109 4.108 137.913 5.215
202112 10.479 141.992 12.920
202203 7.315 146.537 8.739
202206 7.433 149.784 8.688
202209 6.918 147.800 8.194
202212 5.268 150.207 6.140
202303 5.114 153.352 5.838
202306 4.981 154.519 5.643
202309 5.949 155.464 6.699
202312 7.951 157.148 8.858
202403 3.689 159.372 4.052
202406 5.929 161.052 6.445
202409 5.697 162.342 6.143
202412 4.879 164.740 5.185
202503 5.485 168.102 5.712
202506 4.775 169.670 4.927
202509 4.010 170.739 4.112
202512 5.450 171.765 5.555
202603 0.848 175.066 0.848

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 R$17.54 mean?
Banco Da Amazonia (BSP:BAZA3) has a E10 of R$17.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Banco Da Amazonia and its competitors.
Is Banco Da Amazonia's E10 too high?
Banco Da Amazonia's current E10 is R$17.54. Overall, Banco Da Amazonia has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Banco Da Amazonia's E10 compare to competitors?
Banco Da Amazonia's E10 of R$17.54 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 Da Amazonia and its competitors. Banco Da Amazonia's current E10 is R$17.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Da Amazonia stock overvalued right now?
Based on GuruFocus' analysis, Banco Da Amazonia (BSP:BAZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$92.48, compared to a current price of R$59.99 — trading 35.1% below its estimated fair value. The current E10 is R$17.54. Banco Da Amazonia's overall GF Score™ is 56/100 with 3 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 Da Amazonia (BSP:BAZA3), the current E10 is R$17.54 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 Da Amazonia (BSP:BAZA3) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Da Amazonia stock appears to be undervalued. The current stock price of R$59.99 is trading 35.1% below its estimated GF Value™ of R$92.48. GuruFocus considers Banco Da Amazonia to be Possible Value Trap.

Key valuation signals for BSP:BAZA3:

  • E10: R$17.54
  • GF Value™: R$92.48 vs. price of R$59.99 (35.1% below fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the BSP:BAZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Da Amazonia Business Description

Address Avenida Presidente Vargas 800 - 9th Floor, Belem, PR, BRA, 66017000
Banco Da Amazonia SA is the federal financial support institution that promotes the development of the Amazon Region. It finances major infrastructure projects, lends to rural and urban businesses, and offers credit cards and mutual fund investments.
56GF Score

Get the complete analysis for BSP:BAZA3

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

R$59.99
Price
R$92.48
GF Value