DWNX (Delhi Bank) E10: $0.79 (As of Mar. 2026)


DWNX Delhi Bank Corp DWNX
57 GF Score
Price $21.00
GF Value $22.71
Valuation Fairly Valued
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What is Delhi Bank E10?

Delhi Bank DWNX 57 E10 is $0.79 as of Mar. 2026. GuruFocus rates DWNX with a GF Score™ of 57/100 and a GF Value™ of $22.71 (Fairly Valued).

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.

Delhi Bank's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Delhi Bank's average E10 Growth Rate was 5.30% 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 (2026-06-26), Delhi Bank's current stock price is $21.00. Delhi Bank's E10 for the quarter that ended in Mar. 2026 was $0.79. Delhi Bank's Shiller PE Ratio of today is 26.58.

During the past 13 years, the highest Shiller PE Ratio of Delhi Bank was 28.20. The lowest was 26.27. And the median was 27.14.


Delhi Bank  (OTCPK:DWNX) 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.

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

Shiller PE Ratio=Share Price/E10
=21.00/0.79
=26.58

* 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 Delhi Bank was 28.20. The lowest was 26.27. And the median was 27.14.


Be Aware

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


Delhi Bank E10 Related Terms


Delhi Bank E10 Historical Data

* Premium members only.

The historical data trend for Delhi 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.

Delhi Bank E10 Chart

Delhi 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 0.76 0.75 0.76

Delhi 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 0.75 0.76 0.76 0.76 0.79

DWNX vs PBKX, HCBN, NACB: E10 Comparison

For the Banks - Regional subindustry, Delhi 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.


Delhi Bank Shiller PE Ratio vs Banks Industry

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

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


DWNX
57GF Score
Delhi Bank Corp DWNX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delhi 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, Delhi 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)
=0.22/330.2130*330.2130
=0.220

Current CPI (Mar. 2026) = 330.2130.

Delhi Bank Quarterly Data

per share eps CPI Adj_EPS
201606 0.105 241.018 0.144
201609 0.125 241.428 0.171
201612 0.140 241.432 0.191
201703 0.120 243.801 0.163
201706 0.195 244.955 0.263
201709 0.150 246.819 0.201
201712 0.050 246.524 0.067
201803 0.215 249.554 0.284
201806 0.190 251.989 0.249
201809 0.210 252.439 0.275
201812 0.165 251.233 0.217
201903 0.200 254.202 0.260
201906 0.235 256.143 0.303
201909 0.225 256.759 0.289
201912 0.195 256.974 0.251
202003 0.190 258.115 0.243
202006 0.150 257.797 0.192
202009 0.190 260.280 0.241
202012 0.160 260.474 0.203
202103 0.160 264.877 0.199
202106 0.170 271.696 0.207
202109 0.140 274.310 0.169
202112 0.140 278.802 0.166
202203 0.180 287.504 0.207
202206 0.180 296.311 0.201
202209 0.200 296.808 0.223
202212 0.200 296.797 0.223
202303 0.180 301.836 0.197
202306 0.150 305.109 0.162
202309 0.140 307.789 0.150
202312 0.100 306.746 0.108
202403 0.120 312.332 0.127
202406 0.110 314.175 0.116
202409 0.140 315.301 0.147
202412 0.140 315.605 0.146
202503 0.150 319.799 0.155
202506 0.160 322.561 0.164
202509 0.190 324.800 0.193
202512 0.230 324.054 0.234
202603 0.220 330.213 0.220

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 $0.79 mean?
Delhi Bank (DWNX) has a E10 of $0.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Delhi Bank and its competitors.
Is Delhi Bank's E10 too high?
Delhi Bank's current E10 is $0.79. Overall, Delhi Bank has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Delhi Bank's E10 compare to PBKX and HCBN?
Delhi Bank's E10 of $0.79 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 Delhi Bank and its competitors. Delhi Bank's current E10 is $0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delhi Bank stock overvalued right now?
Based on GuruFocus' analysis, Delhi Bank (DWNX) is currently considered Fairly Valued. The stock's GF Value™ is $22.71, compared to a current price of $21.00 — trading 7.5% below its estimated fair value. The current E10 is $0.79. Delhi Bank's overall GF Score™ is 57/100. 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 Delhi Bank (DWNX), the current E10 is $0.79 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 Delhi Bank (DWNX) Overvalued in 2026?

Based on GuruFocus' analysis, Delhi Bank stock appears to be undervalued. The current stock price of $21.00 is trading 7.5% below its estimated GF Value™ of $22.71. GuruFocus considers Delhi Bank to be Fairly Valued.

Key valuation signals for DWNX:

  • E10: $0.79
  • GF Value™: $22.71 vs. price of $21.00 (7.5% below fair value)
  • GF Score™: 57/100

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


Delhi Bank Business Description

Address 124 Main street, P.O. Box 508, Delhi, NY, USA, 13753-0508
Delhi Bank Corp provides a full range of commercial banking services to individual and small business customers in Delaware County, New York, and the surrounding counties. The area is a rural market with an economic base made up of light manufacturing, retail, and agricultural businesses. The Company's primary deposit products are demand deposits and interest-bearing time and savings accounts. The company offers a full array of loan products to meet the needs of retail and commercial customers.
57GF Score

Get the complete analysis for DWNX

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

$21.00
Price
$22.71
GF Value