CBFV (CB Financial Services) E10: $2.07 (As of Mar. 2026)


CBFV CB Financial Services Inc CBFV
58 GF Score
Price $36.69
GF Value $30.10
Valuation Modestly Overvalued
! 5 Warning Signs
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What is CB Financial Services E10?

CB Financial Services CBFV -2.70% 58 E10 is $2.07 as of Mar. 2026. GuruFocus rates CBFV with a GF Score™ of 58/100 and a GF Value™ of $30.10 (Modestly Overvalued). The stock has 5 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.

CB Financial Services's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CB Financial Services's average E10 Growth Rate was -4.20% per year. During the past 3 years, the average E10 Growth Rate was 3.90% per year. During the past 5 years, the average E10 Growth Rate was 8.00% 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 CB Financial Services was 13.50% per year. The lowest was 1.70% per year. And the median was 6.60% per year.

As of today (2026-07-11), CB Financial Services's current stock price is $36.69. CB Financial Services's E10 for the quarter that ended in Mar. 2026 was $2.07. CB Financial Services's Shiller PE Ratio of today is 17.72.

During the past 13 years, the highest Shiller PE Ratio of CB Financial Services was 18.62. The lowest was 9.77. And the median was 13.25.


CB Financial Services  (NAS:CBFV) 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.

CB Financial Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.69/2.07
=17.72

* 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 CB Financial Services was 18.62. The lowest was 9.77. And the median was 13.25.


Be Aware

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


CB Financial Services E10 Related Terms


CB Financial Services E10 Historical Data

* Premium members only.

The historical data trend for CB Financial Services'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.

CB Financial Services E10 Chart

CB Financial Services 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 1.66 1.81 2.09 2.17 2.03

CB Financial Services 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 2.16 2.18 2.01 2.03 2.07

CBFV vs FXLG, CSBB, RBKB: E10 Comparison

For the Banks - Regional subindustry, CB Financial Services'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.


CB Financial Services Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where CB Financial Services's Shiller PE Ratio falls into.


CBFV
58GF Score
CB Financial Services Inc CBFV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CB Financial Services 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, CB Financial Services'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)
=0.73/330.2130*330.2130
=0.730

Current CPI (Mar. 2026) = 330.2130.

CB Financial Services Quarterly Data

per share eps CPI Adj_EPS
201606 0.480 241.018 0.658
201609 0.380 241.428 0.520
201612 0.490 241.432 0.670
201703 0.420 243.801 0.569
201706 0.440 244.955 0.593
201709 0.500 246.819 0.669
201712 0.330 246.524 0.442
201803 0.330 249.554 0.437
201806 0.190 251.989 0.249
201809 0.420 252.439 0.549
201812 0.450 251.233 0.591
201903 0.540 254.202 0.701
201906 0.550 256.143 0.709
201909 0.690 256.759 0.887
201912 0.850 256.974 1.092
202003 0.140 258.115 0.179
202006 0.540 257.797 0.692
202009 -3.220 260.280 -4.085
202012 0.570 260.474 0.723
202103 0.520 264.877 0.648
202106 -0.040 271.696 -0.049
202109 0.370 274.310 0.445
202112 1.310 278.802 1.552
202203 0.580 287.504 0.666
202206 0.020 296.311 0.022
202209 0.770 296.808 0.857
202212 0.810 296.797 0.901
202303 0.810 301.836 0.886
202306 0.540 305.109 0.584
202309 0.520 307.789 0.558
202312 2.520 306.746 2.713
202403 0.820 312.332 0.867
202406 0.510 314.175 0.536
202409 0.600 315.301 0.628
202412 0.460 315.605 0.481
202503 0.350 319.799 0.361
202506 0.740 322.561 0.758
202509 -1.140 324.800 -1.159
202512 0.890 324.054 0.907
202603 0.730 330.213 0.730

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 $2.07 mean?
CB Financial Services (CBFV) has a E10 of $2.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CB Financial Services and its competitors.
Is CB Financial Services' E10 too high?
CB Financial Services' current E10 is $2.07. Overall, CB Financial Services has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CB Financial Services' E10 compare to FXLG and CSBB?
CB Financial Services' E10 of $2.07 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 CB Financial Services and its competitors. CB Financial Services's current E10 is $2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CB Financial Services stock overvalued right now?
Based on GuruFocus' analysis, CB Financial Services (CBFV) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.10, compared to a current price of $36.69 — trading 21.9% above its estimated fair value. The current E10 is $2.07. CB Financial Services' overall GF Score™ is 58/100 with 5 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 CB Financial Services (CBFV), the current E10 is $2.07 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 CB Financial Services (CBFV) Overvalued in 2026?

Based on GuruFocus' analysis, CB Financial Services stock appears to be overvalued. The current stock price of $36.69 is trading 21.9% above its estimated GF Value™ of $30.10. GuruFocus considers CB Financial Services to be Modestly Overvalued.

Key valuation signals for CBFV:

  • E10: $2.07
  • GF Value™: $30.10 vs. price of $36.69 (21.9% above fair value)
  • GF Score™: 58/100 with 5 warning signs

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


CB Financial Services Business Description

Address 100 North Market Street, Carmichaels, PA, USA, 15320
CB Financial Services Incis a bank holding company headquartered in Carmichaels, Pennsylvania. The company had one reportable segment, community banking services. The Bank also has a loan production office in Allegheny County, a loan production office and a corporate center in Washington County, and an operations center in Greene County, Pennsylvania. The Bank is a community-oriented institution offering residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a variety of deposit products for individuals and businesses in its market area.
58GF Score

Get the complete analysis for CBFV

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

$36.69
Price
$30.10
GF Value