FNBKY (FinecoBank SpA) E10: $25.79 (As of Dec. 2025)


FNBKY FinecoBank SpA FNBKY
69 GF Score
Price $50.99
GF Value $39.73
Valuation Modestly Overvalued
! 7 Warning Signs
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What is FinecoBank SpA E10?

FinecoBank SpA FNBKY 69 E10 is $25.79 as of Dec. 2025. GuruFocus rates FNBKY with a GF Score™ of 69/100 and a GF Value™ of $39.73 (Modestly Overvalued). The stock has 7 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.

FinecoBank SpA's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.642. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $25.79 for the trailing ten years ended in Dec. 2025.

During the past 12 months, FinecoBank SpA's average E10 Growth Rate was 1.90% 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), FinecoBank SpA's current stock price is $50.9929. FinecoBank SpA's E10 for the quarter that ended in Dec. 2025 was $25.79. FinecoBank SpA's Shiller PE Ratio of today is 1.98.

During the past 13 years, the highest Shiller PE Ratio of FinecoBank SpA was 2.06. The lowest was 0.92. And the median was 1.59.


FinecoBank SpA  (OTCPK:FNBKY) 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.

FinecoBank SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=50.9929/25.79
=1.98

* 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 FinecoBank SpA was 2.06. The lowest was 0.92. And the median was 1.59.


Be Aware

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


FinecoBank SpA E10 Related Terms


FinecoBank SpA E10 Historical Data

* Premium members only.

The historical data trend for FinecoBank SpA'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.

FinecoBank SpA E10 Chart

FinecoBank SpA 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 23.86 23.55 25.79

FinecoBank SpA Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 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 24.92 26.86 26.02 25.79 0.00

FinecoBank SpA E10 Competitor Comparison

For the Banks - Regional subindustry, FinecoBank SpA'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.


FinecoBank SpA Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where FinecoBank SpA's Shiller PE Ratio falls into.


FNBKY
69GF Score
FinecoBank SpA FNBKY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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FinecoBank SpA 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, FinecoBank SpA's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.642/122.6000*122.6000
=0.642

Current CPI (Dec. 2025) = 122.6000.

FinecoBank SpA Quarterly Data

per share eps CPI Adj_EPS
201409 0.150 99.814 0.184
201412 0.165 99.721 0.203
201503 170.522 99.814 209.450
201506 0.170 100.279 0.208
201509 0.204 100.000 0.250
201512 0.152 99.814 0.187
201603 0.189 99.600 0.233
201606 0.247 99.900 0.303
201609 0.165 100.100 0.202
201612 0.172 100.300 0.210
201703 0.182 101.000 0.221
201706 0.195 101.100 0.236
201709 0.184 101.200 0.223
201712 0.246 101.200 0.298
201803 0.239 101.800 0.288
201806 0.254 102.400 0.304
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202003 0.332 102.900 0.396
202006 0.328 102.900 0.391
202012 0.312 102.600 0.373
202103 0.370 103.700 0.437
202106 0.482 104.200 0.567
202112 0.339 106.600 0.390
202203 0.446 110.400 0.495
202206 0.333 112.500 0.363
202212 0.438 119.000 0.451
202303 0.516 118.800 0.533
202306 0.561 119.700 0.575
202309 0.508 120.300 0.518
202312 0.550 119.700 0.563
202403 0.523 120.200 0.533
202406 0.601 120.700 0.610
202409 0.617 121.200 0.624
202412 0.570 121.200 0.577
202503 0.581 122.500 0.581
202506 0.580 122.700 0.580
202509 0.625 123.100 0.622
202512 0.642 122.600 0.642

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 $25.79 mean?
FinecoBank SpA (FNBKY) has a E10 of $25.79 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on FinecoBank SpA and its competitors.
Is FinecoBank SpA's E10 too high?
FinecoBank SpA's current E10 is $25.79. Overall, FinecoBank SpA has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FinecoBank SpA's E10 compare to competitors?
FinecoBank SpA's E10 of $25.79 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 FinecoBank SpA and its competitors. FinecoBank SpA's current E10 is $25.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FinecoBank SpA stock overvalued right now?
Based on GuruFocus' analysis, FinecoBank SpA (FNBKY) is currently considered Modestly Overvalued. The stock's GF Value™ is $39.73, compared to a current price of $50.99 — trading 28.3% above its estimated fair value. The current E10 is $25.79. FinecoBank SpA's overall GF Score™ is 69/100 with 7 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 FinecoBank SpA (FNBKY), the current E10 is $25.79 as of Dec. 2025. 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 FinecoBank SpA (FNBKY) Overvalued in 2026?

Based on GuruFocus' analysis, FinecoBank SpA stock appears to be overvalued. The current stock price of $50.99 is trading 28.3% above its estimated GF Value™ of $39.73. GuruFocus considers FinecoBank SpA to be Modestly Overvalued.

Key valuation signals for FNBKY:

  • E10: $25.79
  • GF Value™: $39.73 vs. price of $50.99 (28.3% above fair value)
  • GF Score™: 69/100 with 7 warning signs

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


FinecoBank SpA Business Description

Address Piazza Durante, 11, Milan, ITA, 20131
FinecoBank SpA is a FinTech bank based in Italy, offering its services through a network of personal financial advisors and online and mobile channels that operate in an integrated manner. The Group's offerings are divided into three product areas: Banking, Brokerage, and Investing. Maximum revenue is generated from Banking activities, which include current account services, payment services, and the issuance of debit, credit, and prepaid cards, mortgages, overdrafts, and personal loans. The Brokerage category offers order execution services on behalf of the customer, and trading access to CFDs, futures, options, bonds, ETFs, and certificates; and Investing includes the asset management activities of the Group, its investment advisory services, and various investment products offerings.
69GF Score

Get the complete analysis for FNBKY

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

$50.99
Price
$39.73
GF Value