Mashreqbank PSC (DFM:MASQ) E10: د.إ20.37 (As of Mar. 2026)

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DFM:MASQ Mashreqbank PSC DFM:MASQ
68 GF Score
Price د.إ257.00
GF Value د.إ230.54
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Mashreqbank PSC E10?

Mashreqbank PSC DFM:MASQ +0.98% 68 E10 is د.إ20.37 as of Mar. 2026. GuruFocus rates DFM:MASQ with a GF Score™ of 68/100 and a GF Value™ of د.إ230.54 (Modestly Overvalued). The stock has 8 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.

Mashreqbank PSC's adjusted earnings per share data for the three months ended in Mar. 2026 was د.إ9.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is د.إ20.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mashreqbank PSC's average E10 Growth Rate was 13.40% per year. During the past 3 years, the average E10 Growth Rate was 22.30% per year. During the past 5 years, the average E10 Growth Rate was 19.30% 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 Mashreqbank PSC was 24.20% per year. The lowest was 16.90% per year. And the median was 22.30% per year.

As of today (2026-07-16), Mashreqbank PSC's current stock price is د.إ257.00. Mashreqbank PSC's E10 for the quarter that ended in Mar. 2026 was د.إ20.37. Mashreqbank PSC's Shiller PE Ratio of today is 12.62.

During the past 13 years, the highest Shiller PE Ratio of Mashreqbank PSC was 15.30. The lowest was 5.38. And the median was 11.25.


Mashreqbank PSC  (DFM:MASQ) 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.

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

Shiller PE Ratio=Share Price/E10
=257.00/20.37
=12.62

* 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 Mashreqbank PSC was 15.30. The lowest was 5.38. And the median was 11.25.


Be Aware

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


Mashreqbank PSC E10 Related Terms


Mashreqbank PSC E10 Historical Data

* Premium members only.

The historical data trend for Mashreqbank PSC'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.

Mashreqbank PSC E10 Chart

Mashreqbank PSC 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 9.03 10.65 14.12 17.32 19.46

Mashreqbank PSC 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 17.96 18.47 19.04 19.46 20.37

Mashreqbank PSC E10 Competitor Comparison

For the Banks - Regional subindustry, Mashreqbank PSC'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.


Mashreqbank PSC Shiller PE Ratio vs Banks Industry

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

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


DFM:MASQ
68GF Score
Mashreqbank PSC DFM:MASQ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mashreqbank PSC 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, Mashreqbank PSC'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)
=9.15/330.2130*330.2130
=9.150

Current CPI (Mar. 2026) = 330.2130.

Mashreqbank PSC Quarterly Data

per share eps CPI Adj_EPS
201606 2.681 241.018 3.673
201609 2.071 241.428 2.833
201612 2.194 241.432 3.001
201703 2.726 243.801 3.692
201706 2.779 244.955 3.746
201709 2.796 246.819 3.741
201712 1.929 246.524 2.584
201803 2.982 249.554 3.946
201806 2.805 251.989 3.676
201809 2.929 252.439 3.831
201812 1.549 251.233 2.036
201903 3.133 254.202 4.070
201906 2.956 256.143 3.811
201909 2.673 256.759 3.438
201912 1.531 256.974 1.967
202003 2.245 258.115 2.872
202006 0.416 257.797 0.533
202009 -0.912 260.280 -1.157
202012 -8.124 260.474 -10.299
202103 0.240 264.877 0.299
202106 0.210 271.696 0.255
202109 0.890 274.310 1.071
202112 3.680 278.802 4.359
202203 3.050 287.504 3.503
202206 3.970 296.311 4.424
202209 5.930 296.808 6.597
202212 5.639 296.797 6.274
202303 8.030 301.836 8.785
202306 9.500 305.109 10.282
202309 11.230 307.789 12.048
202312 14.063 306.746 15.139
202403 9.770 312.332 10.329
202406 9.950 314.175 10.458
202409 8.590 315.301 8.996
202412 15.343 315.605 16.053
202503 8.520 319.799 8.797
202506 7.890 322.561 8.077
202509 8.160 324.800 8.296
202512 8.401 324.054 8.561
202603 9.150 330.213 9.150

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 د.إ20.37 mean?
Mashreqbank PSC (DFM:MASQ) has a E10 of د.إ20.37 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mashreqbank PSC and its competitors.
Is Mashreqbank PSC's E10 too high?
Mashreqbank PSC's current E10 is د.إ20.37. Overall, Mashreqbank PSC has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mashreqbank PSC's E10 compare to competitors?
Mashreqbank PSC's E10 of د.إ20.37 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 Mashreqbank PSC and its competitors. Mashreqbank PSC's current E10 is د.إ20.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mashreqbank PSC stock overvalued right now?
Based on GuruFocus' analysis, Mashreqbank PSC (DFM:MASQ) is currently considered Modestly Overvalued. The stock's GF Value™ is د.إ230.54, compared to a current price of د.إ257.00 — trading 11.5% above its estimated fair value. The current E10 is د.إ20.37. Mashreqbank PSC's overall GF Score™ is 68/100 with 8 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 Mashreqbank PSC (DFM:MASQ), the current E10 is د.إ20.37 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 Mashreqbank PSC (DFM:MASQ) Overvalued in 2026?

Based on GuruFocus' analysis, Mashreqbank PSC stock appears to be overvalued. The current stock price of د.إ257.00 is trading 11.5% above its estimated GF Value™ of د.إ230.54. GuruFocus considers Mashreqbank PSC to be Modestly Overvalued.

Key valuation signals for DFM:MASQ:

  • E10: د.إ20.37
  • GF Value™: د.إ230.54 vs. price of د.إ257.00 (11.5% above fair value)
  • GF Score™: 68/100 with 8 warning signs

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


Mashreqbank PSC Business Description

Address P.O. Box 1250, Dubai, ARE
Mashreqbank PSC is a banking corporation that provides banking and financial services to customers and businesses. The banking firm serves in domestic markets as well as abroad, mainly with its commercial and retail banking services such as trade finance, project finance, savings and current accounts, fixed deposits, and Mashreq millionaire deposits. The business segments are Wholesale, Retail, Treasury and capital markets, Insurance, and other. The bank's entities include Mashreq Capital, Sukoon Insurance, and Mashreq's fintech and digital innovation platform focused on developing next-generation financial solutions. The group's activities are carried out through its branches in the UAE, Bahrain, Kuwait, Egypt, Hong Kong, India, Pakistan, Qatar, the UK, and the USA.
68GF Score

Get the complete analysis for DFM:MASQ

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

د.إ257.00
Price
د.إ230.54
GF Value