Eastern Bank (DHA:EBL) E10: BDT3.40 (As of Mar. 2026)


DHA:EBL Eastern Bank PLC DHA:EBL
88 GF Score
Price BDT24.90
GF Value BDT27.97
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Eastern Bank E10?

Eastern Bank DHA:EBL +0.81% 88 E10 is BDT3.40 as of Mar. 2026. GuruFocus rates DHA:EBL with a GF Score™ of 88/100 and a GF Value™ of BDT27.97 (Modestly Undervalued). The stock has 3 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.

Eastern Bank's adjusted earnings per share data for the three months ended in Mar. 2026 was BDT1.204. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT3.40 for the trailing ten years ended in Mar. 2026.

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 (2026-06-28), Eastern Bank's current stock price is BDT24.90. Eastern Bank's E10 for the quarter that ended in Mar. 2026 was BDT3.40. Eastern Bank's Shiller PE Ratio of today is 7.32.

During the past 11 years, the highest Shiller PE Ratio of Eastern Bank was 8.47. The lowest was 6.64. And the median was 7.35.


Eastern Bank  (DHA:EBL) 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.

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

Shiller PE Ratio=Share Price/E10
=24.90/3.40
=7.32

* 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 11 years, the highest Shiller P/E Ratio of Eastern Bank was 8.47. The lowest was 6.64. And the median was 7.35.


Be Aware

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


Eastern Bank E10 Related Terms


Eastern Bank E10 Historical Data

* Premium members only.

The historical data trend for Eastern 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.

Eastern Bank E10 Chart

Eastern 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 3.29

Eastern 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 0.00 0.00 3.23 3.29 3.40

Eastern Bank E10 Competitor Comparison

For the Banks - Regional subindustry, Eastern 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.


Eastern Bank Shiller PE Ratio vs Banks Industry

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

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


DHA:EBL
88GF Score
Eastern Bank PLC DHA:EBL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern 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, Eastern 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)
=1.204/330.2130*330.2130
=1.204

Current CPI (Mar. 2026) = 330.2130.

Eastern Bank Quarterly Data

per share eps CPI Adj_EPS
201606 0.467 241.018 0.640
201609 0.305 241.428 0.417
201612 0.355 241.432 0.486
201703 0.570 243.801 0.772
201706 0.467 244.955 0.630
201709 0.462 246.819 0.618
201712 -0.023 246.524 -0.031
201803 0.310 249.554 0.410
201806 0.504 251.989 0.660
201809 0.454 252.439 0.594
201812 0.677 251.233 0.890
201903 0.524 254.202 0.681
201906 0.440 256.143 0.567
201909 0.435 256.759 0.559
201912 1.029 256.974 1.322
202003 0.509 258.115 0.651
202006 0.453 257.797 0.580
202009 0.841 260.280 1.067
202012 0.743 260.474 0.942
202103 0.633 264.877 0.789
202106 0.855 271.696 1.039
202109 0.960 274.310 1.156
202112 0.477 278.802 0.565
202203 0.725 287.504 0.833
202206 0.720 296.311 0.802
202209 0.911 296.808 1.014
202212 0.680 296.797 0.757
202303 0.654 301.836 0.715
202306 0.826 305.109 0.894
202309 1.115 307.789 1.196
202312 1.132 306.746 1.219
202403 0.884 312.332 0.935
202406 1.078 314.175 1.133
202409 0.854 315.301 0.894
202412 1.199 315.605 1.254
202503 0.942 319.799 0.973
202506 1.194 322.561 1.222
202509 1.417 324.800 1.441
202512 1.517 324.054 1.546
202603 1.204 330.213 1.204

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 BDT3.40 mean?
Eastern Bank (DHA:EBL) has a E10 of BDT3.40 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Eastern Bank and its competitors.
Is Eastern Bank's E10 too high?
Eastern Bank's current E10 is BDT3.40. Overall, Eastern Bank has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Bank's E10 compare to competitors?
Eastern Bank's E10 of BDT3.40 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 Eastern Bank and its competitors. Eastern Bank's current E10 is BDT3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Bank stock overvalued right now?
Based on GuruFocus' analysis, Eastern Bank (DHA:EBL) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT27.97, compared to a current price of BDT24.90 — trading 11% below its estimated fair value. The current E10 is BDT3.40. Eastern Bank's overall GF Score™ is 88/100 with 3 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 Eastern Bank (DHA:EBL), the current E10 is BDT3.40 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 Eastern Bank (DHA:EBL) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Bank stock appears to be undervalued. The current stock price of BDT24.90 is trading 11% below its estimated GF Value™ of BDT27.97. GuruFocus considers Eastern Bank to be Modestly Undervalued.

Key valuation signals for DHA:EBL:

  • E10: BDT3.40
  • GF Value™: BDT27.97 vs. price of BDT24.90 (11% below fair value)
  • GF Score™: 88/100 with 3 warning signs

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


Eastern Bank Business Description

Address 100 Gulshan Avenue, Dhaka, BGD, 1212
Eastern Bank PLC provides a wide range of commercial banking products and services through Corporate Banking, Retail & SME Banking and Treasury. Its services include term lending, project financing, working capital financing, trade financing, cash management solutions, deposit services, personal and SME financing, card services, digital banking services and agent banking. Its Segments are Domestic Banking Operation (DBO), Offshore Banking Operation (OBO), Islamic Banking (IB), EBL Securities PLC. (EBLSL), EBL Investments Limited (EBLIL), EBL Finance (HK) Limited and EBL Asset Management Ltd. Maximum revenue is generated from the Domestic Banking Operation segment, which offers commercial banking products and services through Corporate, Retail & SME Banking and Treasury business units.
88GF Score

Get the complete analysis for DHA:EBL

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

BDT24.90
Price
BDT27.97
GF Value