Credit Immobilier et Hotelier (CAS:CIH) E10: MAD22.67 (As of Mar. 2026)


CAS:CIH Credit Immobilier et Hotelier SA CAS:CIH
34 GF Score
Price MAD351.00
GF Value MAD414.49
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Credit Immobilier et Hotelier E10?

Credit Immobilier et Hotelier CAS:CIH +0.03% 34 E10 is MAD22.67 as of Mar. 2026. GuruFocus rates CAS:CIH with a GF Score™ of 34/100 and a GF Value™ of MAD414.49 (Modestly Undervalued). 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.

Credit Immobilier et Hotelier's adjusted earnings per share data for the three months ended in Mar. 2026 was MAD6.907. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MAD22.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Credit Immobilier et Hotelier's average E10 Growth Rate was 8.00% per year. During the past 3 years, the average E10 Growth Rate was 8.20% 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 Credit Immobilier et Hotelier was 8.20% per year. The lowest was 8.20% per year. And the median was 8.20% per year.

As of today (2026-06-27), Credit Immobilier et Hotelier's current stock price is MAD351.00. Credit Immobilier et Hotelier's E10 for the quarter that ended in Mar. 2026 was MAD22.67. Credit Immobilier et Hotelier's Shiller PE Ratio of today is 15.48.

During the past 13 years, the highest Shiller PE Ratio of Credit Immobilier et Hotelier was 22.85. The lowest was 15.13. And the median was 19.21.


Credit Immobilier et Hotelier  (CAS:CIH) 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.

Credit Immobilier et Hotelier's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=351.00/22.67
=15.48

* 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 Credit Immobilier et Hotelier was 22.85. The lowest was 15.13. And the median was 19.21.


Be Aware

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


Credit Immobilier et Hotelier E10 Related Terms


Credit Immobilier et Hotelier E10 Historical Data

* Premium members only.

The historical data trend for Credit Immobilier et Hotelier'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.

Credit Immobilier et Hotelier E10 Chart

Credit Immobilier et Hotelier 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 0.00 17.46 18.65 20.24 22.12

Credit Immobilier et Hotelier 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 20.99 21.68 22.08 22.12 22.67

CAS:CIH vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Credit Immobilier et Hotelier'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.


Credit Immobilier et Hotelier Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Credit Immobilier et Hotelier's Shiller PE Ratio falls into.


CAS:CIH
34GF Score
Credit Immobilier et Hotelier SA CAS:CIH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credit Immobilier et Hotelier 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, Credit Immobilier et Hotelier'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)
=6.907/330.2130*330.2130
=6.907

Current CPI (Mar. 2026) = 330.2130.

Credit Immobilier et Hotelier Quarterly Data

per share eps CPI Adj_EPS
201603 4.321 238.132 5.992
201606 2.357 241.018 3.229
201612 0.000 241.432 0.000
201703 2.161 243.801 2.927
201706 2.357 244.955 3.177
201709 4.223 246.819 5.650
201712 7.464 246.524 9.998
201803 4.616 249.554 6.108
201806 6.089 251.989 7.979
201809 2.455 252.439 3.211
201812 3.634 251.233 4.776
201903 2.259 254.202 2.934
201906 3.339 256.143 4.305
201909 3.396 256.759 4.368
201912 6.147 256.974 7.899
202003 -1.768 258.115 -2.262
202006 3.339 257.797 4.277
202009 -1.266 260.280 -1.606
202012 2.478 260.474 3.141
202103 2.946 264.877 3.673
202106 6.142 271.696 7.465
202109 3.634 274.310 4.375
202112 7.742 278.802 9.170
202203 4.910 287.504 5.639
202206 5.312 296.311 5.920
202209 8.679 296.808 9.656
202212 3.857 296.797 4.291
202303 4.910 301.836 5.372
202306 7.977 305.109 8.633
202309 4.567 307.789 4.900
202312 5.012 306.746 5.395
202403 6.875 312.332 7.269
202406 7.366 314.175 7.742
202409 6.921 315.301 7.248
202412 6.832 315.605 7.148
202503 9.318 319.799 9.621
202506 9.912 322.561 10.147
202509 7.703 324.800 7.831
202512 6.378 324.054 6.499
202603 6.907 330.213 6.907

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 MAD22.67 mean?
Credit Immobilier et Hotelier (CAS:CIH) has a E10 of MAD22.67 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Credit Immobilier et Hotelier and its competitors.
Is Credit Immobilier et Hotelier's E10 too high?
Credit Immobilier et Hotelier's current E10 is MAD22.67. Overall, Credit Immobilier et Hotelier has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Credit Immobilier et Hotelier's E10 compare to PNC and USB?
Credit Immobilier et Hotelier's E10 of MAD22.67 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 Credit Immobilier et Hotelier and its competitors. Credit Immobilier et Hotelier's current E10 is MAD22.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credit Immobilier et Hotelier stock overvalued right now?
Based on GuruFocus' analysis, Credit Immobilier et Hotelier (CAS:CIH) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD414.49, compared to a current price of MAD351.00 — trading 15.3% below its estimated fair value. The current E10 is MAD22.67. Credit Immobilier et Hotelier's overall GF Score™ is 34/100 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 Credit Immobilier et Hotelier (CAS:CIH), the current E10 is MAD22.67 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 Credit Immobilier et Hotelier (CAS:CIH) Overvalued in 2026?

Based on GuruFocus' analysis, Credit Immobilier et Hotelier stock appears to be undervalued. The current stock price of MAD351.00 is trading 15.3% below its estimated GF Value™ of MAD414.49. GuruFocus considers Credit Immobilier et Hotelier to be Modestly Undervalued.

Key valuation signals for CAS:CIH:

  • E10: MAD22.67
  • GF Value™: MAD414.49 vs. price of MAD351.00 (15.3% below fair value)
  • GF Score™: 34/100 with 2 warning signs

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


Credit Immobilier et Hotelier Business Description

Address 187, Avenue Hassan II, Casablanca, MAR, 20019
Credit Immobilier et Hotelier SA provides various banking products and services. It accepts checking, currency, and current accounts; and offers funding solutions. The company also provides bank cards; saving and investment products; and bancassurance, payment, transfer, international operation, and specialized services.
34GF Score

Get the complete analysis for CAS:CIH

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

MAD351.00
Price
MAD414.49
GF Value