FCBC (First Community Bankshares) E10: $2.87 (As of Jun. 2026)

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FCBC First Community Bankshares Inc FCBC
69 GF Score
Price $48.65
GF Value $41.16
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is First Community Bankshares E10?

First Community Bankshares FCBC +0.19% 69 E10 is $2.87 as of Jun. 2026. GuruFocus rates FCBC with a GF Score™ of 69/100 and a GF Value™ of $41.16 (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.

First Community Bankshares's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.87 for the trailing ten years ended in Jun. 2026.

During the past 12 months, First Community Bankshares's average E10 Growth Rate was 8.30% per year. During the past 3 years, the average E10 Growth Rate was 7.40% per year. During the past 5 years, the average E10 Growth Rate was 10.00% per year. During the past 10 years, the average E10 Growth Rate was 12.80% 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 First Community Bankshares was 27.00% per year. The lowest was -13.50% per year. And the median was -2.80% per year.

As of today (2026-08-20), First Community Bankshares's current stock price is $48.65. First Community Bankshares's E10 for the quarter that ended in Jun. 2026 was $2.87. First Community Bankshares's Shiller PE Ratio of today is 16.95.

During the past 13 years, the highest Shiller PE Ratio of First Community Bankshares was 43.75. The lowest was 10.45. And the median was 16.45.


First Community Bankshares  (NAS:FCBC) 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.

First Community Bankshares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=48.65/2.87
=16.95

* 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 First Community Bankshares was 43.75. The lowest was 10.45. And the median was 16.45.


Be Aware

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


First Community Bankshares E10 Related Terms


First Community Bankshares E10 Historical Data

* Premium members only.

The historical data trend for First Community Bankshares'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.

First Community Bankshares E10 Chart

First Community Bankshares 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 1.95 2.18 2.37 2.55 2.70

First Community Bankshares Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.65 2.69 2.70 2.77 2.87

FCBC vs THFF, CAC, FMNB: E10 Comparison

For the Banks - Regional subindustry, First Community Bankshares'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.


First Community Bankshares Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where First Community Bankshares's Shiller PE Ratio falls into.


FCBC
69GF Score
First Community Bankshares Inc FCBC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Community Bankshares 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, First Community Bankshares's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.19/333.9520*333.9520
=1.190

Current CPI (Jun. 2026) = 333.9520.

First Community Bankshares Quarterly Data

per share eps CPI Adj_EPS
201609 0.370 241.428 0.512
201612 0.380 241.432 0.526
201703 0.360 243.801 0.493
201706 0.380 244.955 0.518
201709 0.450 246.819 0.609
201712 0.070 246.524 0.095
201803 0.520 249.554 0.696
201806 0.540 251.989 0.716
201809 0.550 252.439 0.728
201812 0.570 251.233 0.758
201903 0.600 254.202 0.788
201906 0.660 256.143 0.860
201909 0.580 256.759 0.754
201912 0.610 256.974 0.793
202003 0.440 258.115 0.569
202006 0.460 257.797 0.596
202009 0.470 260.280 0.603
202012 0.650 260.474 0.833
202103 0.820 264.877 1.034
202106 0.760 271.696 0.934
202109 0.730 274.310 0.889
202112 0.620 278.802 0.743
202203 0.560 287.504 0.650
202206 0.670 296.311 0.755
202209 0.820 296.808 0.923
202212 0.770 296.797 0.866
202303 0.720 301.836 0.797
202306 0.530 305.109 0.580
202309 0.780 307.789 0.846
202312 0.640 306.746 0.697
202403 0.700 312.332 0.748
202406 0.690 314.175 0.733
202409 0.710 315.301 0.752
202412 0.710 315.605 0.751
202503 0.640 319.799 0.668
202506 0.670 322.561 0.694
202509 0.670 324.800 0.689
202512 0.680 324.054 0.701
202603 0.630 330.213 0.637
202606 1.190 333.952 1.190

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 $2.87 mean?
First Community Bankshares (FCBC) has a E10 of $2.87 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on First Community Bankshares and its competitors.
Is First Community Bankshares' E10 too high?
First Community Bankshares' current E10 is $2.87. Overall, First Community Bankshares has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Community Bankshares' E10 compare to THFF and CAC?
First Community Bankshares' E10 of $2.87 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 First Community Bankshares and its competitors. First Community Bankshares's current E10 is $2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Community Bankshares stock overvalued right now?
Based on GuruFocus' analysis, First Community Bankshares (FCBC) is currently considered Modestly Overvalued. The stock's GF Value™ is $41.16, compared to a current price of $48.65 — trading 18.2% above its estimated fair value. The current E10 is $2.87. First Community Bankshares' overall GF Score™ is 69/100 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 First Community Bankshares (FCBC), the current E10 is $2.87 as of Jun. 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 First Community Bankshares (FCBC) Overvalued in 2026?

Based on GuruFocus' analysis, First Community Bankshares stock appears to be overvalued. The current stock price of $48.65 is trading 18.2% above its estimated GF Value™ of $41.16. GuruFocus considers First Community Bankshares to be Modestly Overvalued.

Key valuation signals for FCBC:

  • E10: $2.87
  • GF Value™: $41.16 vs. price of $48.65 (18.2% above fair value)
  • GF Score™: 69/100 with 5 warning signs

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


First Community Bankshares Business Description

Address P.O. Box 989, Bluefield, VA, USA, 24605-0989
First Community Bankshares Inc is a financial holding company that provides commercial banking products and services. The company is engaged in providing demand deposit accounts, savings, and money market accounts, certificates of deposits; commercial, consumer, and real estate mortgage loans, and lines of credit; various credit card, debit card, and automated teller machine card services; corporate and personal trust services; investment management services and life, health, and property and casualty insurance products. The company's revenue is mainly derived from interest, fees, and commissions.
69GF Score

Get the complete analysis for FCBC

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

$48.65
Price
$41.16
GF Value