Dhaka Bank (DHA:DHAKABANK) E10: BDT2.03 (As of Mar. 2026)


DHA:DHAKABANK Dhaka Bank PLC DHA:DHAKABANK
73 GF Score
Price BDT12.20
GF Value BDT13.31
Valuation Fairly Valued
! 2 Warning Signs
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What is Dhaka Bank E10?

Dhaka Bank DHA:DHAKABANK 73 E10 is BDT2.03 as of Mar. 2026. GuruFocus rates DHA:DHAKABANK with a GF Score™ of 73/100 and a GF Value™ of BDT13.31 (Fairly Valued). 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.

Dhaka Bank's adjusted earnings per share data for the three months ended in Mar. 2026 was BDT0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT2.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dhaka Bank's average E10 Growth Rate was 6.30% 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.

As of today (2026-07-06), Dhaka Bank's current stock price is BDT12.20. Dhaka Bank's E10 for the quarter that ended in Mar. 2026 was BDT2.03. Dhaka Bank's Shiller PE Ratio of today is 6.01.

During the past 13 years, the highest Shiller PE Ratio of Dhaka Bank was 7.11. The lowest was 4.89. And the median was 5.95.


Dhaka Bank  (DHA:DHAKABANK) 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.

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

Shiller PE Ratio=Share Price/E10
=12.20/2.03
=6.01

* 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 Dhaka Bank was 7.11. The lowest was 4.89. And the median was 5.95.


Be Aware

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


Dhaka Bank E10 Related Terms


Dhaka Bank E10 Historical Data

* Premium members only.

The historical data trend for Dhaka Bank'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.

Dhaka Bank E10 Chart

Dhaka Bank 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 0.00 0.00 0.00 1.97

Dhaka Bank 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 1.91 1.90 1.89 1.97 2.03

Dhaka Bank E10 Competitor Comparison

For the Banks - Regional subindustry, Dhaka Bank'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.


Dhaka Bank Shiller PE Ratio vs Banks Industry

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

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


DHA:DHAKABANK
73GF Score
Dhaka Bank PLC DHA:DHAKABANK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhaka Bank 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, Dhaka Bank'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)
=0.56/330.2130*330.2130
=0.560

Current CPI (Mar. 2026) = 330.2130.

Dhaka Bank Quarterly Data

per share eps CPI Adj_EPS
201606 0.506 241.018 0.693
201609 0.301 241.428 0.412
201612 0.381 241.432 0.521
201703 0.390 243.801 0.528
201706 0.171 244.955 0.231
201709 0.461 246.819 0.617
201712 0.500 246.524 0.670
201803 0.377 249.554 0.499
201806 0.194 251.989 0.254
201809 0.407 252.439 0.532
201812 0.362 251.233 0.476
201903 0.404 254.202 0.525
201906 0.210 256.143 0.271
201909 0.381 256.759 0.490
201912 0.534 256.974 0.686
202003 0.551 258.115 0.705
202006 0.162 257.797 0.208
202009 0.440 260.280 0.558
202012 0.727 260.474 0.922
202103 0.593 264.877 0.739
202106 0.431 271.696 0.524
202109 0.503 274.310 0.606
202112 0.502 278.802 0.595
202203 0.656 287.504 0.753
202206 0.486 296.311 0.542
202209 0.629 296.808 0.700
202212 -0.210 296.797 -0.234
202303 0.571 301.836 0.625
202306 0.676 305.109 0.732
202309 0.543 307.789 0.583
202312 -0.210 306.746 -0.226
202403 0.724 312.332 0.765
202406 0.714 314.175 0.750
202409 0.240 315.301 0.251
202412 -0.460 315.605 -0.481
202503 0.800 319.799 0.826
202506 0.286 322.561 0.293
202509 0.240 324.800 0.244
202512 1.319 324.054 1.344
202603 0.560 330.213 0.560

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 BDT2.03 mean?
Dhaka Bank (DHA:DHAKABANK) has a E10 of BDT2.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dhaka Bank and its competitors.
Is Dhaka Bank's E10 too high?
Dhaka Bank's current E10 is BDT2.03. Overall, Dhaka Bank has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dhaka Bank's E10 compare to competitors?
Dhaka Bank's E10 of BDT2.03 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 Dhaka Bank and its competitors. Dhaka Bank's current E10 is BDT2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhaka Bank stock overvalued right now?
Based on GuruFocus' analysis, Dhaka Bank (DHA:DHAKABANK) is currently considered Fairly Valued. The stock's GF Value™ is BDT13.31, compared to a current price of BDT12.20 — trading 8.3% below its estimated fair value. The current E10 is BDT2.03. Dhaka Bank's overall GF Score™ is 73/100 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 Dhaka Bank (DHA:DHAKABANK), the current E10 is BDT2.03 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 Dhaka Bank (DHA:DHAKABANK) Overvalued in 2026?

Based on GuruFocus' analysis, Dhaka Bank stock appears to be undervalued. The current stock price of BDT12.20 is trading 8.3% below its estimated GF Value™ of BDT13.31. GuruFocus considers Dhaka Bank to be Fairly Valued.

Key valuation signals for DHA:DHAKABANK:

  • E10: BDT2.03
  • GF Value™: BDT13.31 vs. price of BDT12.20 (8.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs

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


Dhaka Bank Business Description

Address Bir Uttam A K Khandakar Road, Plot-CWS(C), 10, Gulshan-1, Dhaka, BGD, 1212
Dhaka Bank PLC offers a full range of banking and investment services for personal and corporate customers across different regions in Bangladesh. These services are mainly offered through its Branches, ATMs, ADMs, and Internet Banking Channels. The Group offers current accounts, savings accounts, fixed deposits, short-notice deposits, loans, non-financial services, and digital banking, among other related products and services. Its operating segments include Conventional Banking, which generates the maximum revenue, Islamic Banking, Offshore Banking Unit, Dhaka Bank Securities Limited, and Dhaka Bank Investment Limited.
73GF Score

Get the complete analysis for DHA:DHAKABANK

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

BDT12.20
Price
BDT13.31
GF Value