Bancontander (BSP:BCSA34) E10: R$3.03 (As of Mar. 2026)


BSP:BCSA34 Banco Santander SA BSP:BCSA34
49 GF Score
Price R$69.25
GF Value R$29.62
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bancontander E10?

Bancontander BSP:BCSA34 +0.01% 49 E10 is R$3.03 as of Mar. 2026. GuruFocus rates BSP:BCSA34 with a GF Score™ of 49/100 and a GF Value™ of R$29.62 (Significantly Overvalued). 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.

Bancontander's adjusted earnings per share data for the three months ended in Mar. 2026 was R$2.176. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$3.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bancontander's average E10 Growth Rate was 13.60% per year. During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 7.60% per year. During the past 10 years, the average E10 Growth Rate was -6.60% 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 Bancontander was 40.10% per year. The lowest was -19.40% per year. And the median was 9.00% per year.

As of today (2026-06-27), Bancontander's current stock price is R$69.25. Bancontander's E10 for the quarter that ended in Mar. 2026 was R$3.03. Bancontander's Shiller PE Ratio of today is 22.85.

During the past 13 years, the highest Shiller PE Ratio of Bancontander was 23.76. The lowest was 3.74. And the median was 8.23.


Bancontander  (BSP:BCSA34) 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.

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

Shiller PE Ratio=Share Price/E10
=69.25/3.03
=22.85

* 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 Bancontander was 23.76. The lowest was 3.74. And the median was 8.23.


Be Aware

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


Bancontander E10 Related Terms


Bancontander E10 Historical Data

* Premium members only.

The historical data trend for Bancontander'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.

Bancontander E10 Chart

Bancontander 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 2.11 2.06 2.14 2.78 3.11

Bancontander 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 2.72 2.89 2.88 3.11 3.03

BSP:BCSA34 vs JPM, BAC, WFC: E10 Comparison

For the Banks - Diversified subindustry, Bancontander'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.


Bancontander Shiller PE Ratio vs Banks Industry

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

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


BSP:BCSA34
49GF Score
Banco Santander SA BSP:BCSA34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bancontander 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, Bancontander'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)
=2.176/128.4016*128.4016
=2.176

Current CPI (Mar. 2026) = 128.4016.

Bancontander Quarterly Data

per share eps CPI Adj_EPS
201606 0.295 100.333 0.378
201609 0.385 99.737 0.496
201612 0.339 101.842 0.427
201703 0.385 100.896 0.490
201706 0.390 101.848 0.492
201709 0.322 101.524 0.407
201712 0.310 102.975 0.387
201803 0.465 102.122 0.585
201806 0.422 104.165 0.520
201809 0.505 103.818 0.625
201812 0.498 104.193 0.614
201903 0.433 103.488 0.537
201906 0.317 104.612 0.389
201909 0.087 103.905 0.108
201912 0.638 105.015 0.780
202003 0.052 103.469 0.065
202006 -3.795 104.254 -4.674
202009 0.572 103.521 0.709
202012 0.075 104.456 0.092
202103 0.537 104.857 0.658
202106 0.727 107.102 0.872
202109 0.683 107.669 0.815
202112 0.805 111.298 0.929
202203 0.767 115.153 0.855
202206 0.694 118.044 0.755
202209 0.711 117.221 0.779
202212 0.722 117.650 0.788
202303 0.836 118.948 0.902
202306 0.841 120.278 0.898
202309 0.896 121.343 0.948
202312 0.908 121.300 0.961
202403 0.920 122.762 0.962
202406 1.160 124.409 1.197
202409 1.229 123.121 1.282
202412 1.278 124.753 1.315
202503 1.307 125.531 1.337
202506 1.407 127.251 1.420
202509 1.385 126.842 1.402
202512 1.533 128.402 1.533
202603 2.176 128.402 2.176

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$3.03 mean?
Bancontander (BSP:BCSA34) has a E10 of R$3.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bancontander and its competitors.
Is Bancontander's E10 too high?
Bancontander's current E10 is R$3.03. Overall, Bancontander has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bancontander's E10 compare to JPM and BAC?
Bancontander's E10 of R$3.03 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 Bancontander and its competitors. Bancontander's current E10 is R$3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bancontander stock overvalued right now?
Based on GuruFocus' analysis, Bancontander (BSP:BCSA34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$29.62, compared to a current price of R$69.25 — trading 133.8% above its estimated fair value. The current E10 is R$3.03. Bancontander's overall GF Score™ is 49/100 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 Bancontander (BSP:BCSA34), the current E10 is R$3.03 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 Bancontander (BSP:BCSA34) Overvalued in 2026?

Based on GuruFocus' analysis, Bancontander stock appears to be overvalued. The current stock price of R$69.25 is trading 133.8% above its estimated GF Value™ of R$29.62. GuruFocus considers Bancontander to be Significantly Overvalued.

Key valuation signals for BSP:BCSA34:

  • E10: R$3.03
  • GF Value™: R$29.62 vs. price of R$69.25 (133.8% above fair value)
  • GF Score™: 49/100 with 7 warning signs

No single metric tells the full story. See the BSP:BCSA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bancontander Business Description

Address Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's UK presence is the result of its acquisition of Abbey building society. In the US, Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.
49GF Score

Get the complete analysis for BSP:BCSA34

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

R$69.25
Price
R$29.62
GF Value