Carver Bancorp (FRA:39CN) E10: €-1.19 (As of Jun. 2026)

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FRA:39CN Carver Bancorp Inc FRA:39CN
39 GF Score
Price €1.35
GF Value €1.45
Valuation Fairly Valued
! 3 Warning Signs
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What is Carver Bancorp E10?

Carver Bancorp FRA:39CN -0.74% 39 E10 is €-1.19 as of Jun. 2026. GuruFocus rates FRA:39CN with a GF Score™ of 39/100 and a GF Value™ of €1.45 (Fairly Valued). 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.

Carver Bancorp's adjusted earnings per share data for the three months ended in Jun. 2026 was €-0.252. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.19 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was -18.90% per year. During the past 5 years, the average E10 Growth Rate was 23.10% per year. During the past 10 years, the average E10 Growth Rate was 39.80% 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 Carver Bancorp was 75.60% per year. The lowest was -38.10% per year. And the median was 1.30% per year.

As of today (2026-08-21), Carver Bancorp's current stock price is €1.35. Carver Bancorp's E10 for the quarter that ended in Jun. 2026 was €-1.19. Carver Bancorp's Shiller PE Ratio of today is .


Carver Bancorp  (FRA:39CN) 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.


Be Aware

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


Carver Bancorp E10 Related Terms


Carver Bancorp E10 Historical Data

* Premium members only.

The historical data trend for Carver Bancorp'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.

Carver Bancorp E10 Chart

Carver Bancorp Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.81 -1.03 -1.08

Carver Bancorp 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 -0.98 -1.02 -1.27 -1.08 -1.19

FRA:39CN vs FSGB, EWSB, MFBI: E10 Comparison

For the Banks - Regional subindustry, Carver Bancorp'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.


Carver Bancorp Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Carver Bancorp's Shiller PE Ratio falls into.


FRA:39CN
39GF Score
Carver Bancorp Inc FRA:39CN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carver Bancorp 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, Carver Bancorp'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)
=-0.252/333.9520*333.9520
=-0.252

Current CPI (Jun. 2026) = 333.9520.

Carver Bancorp Quarterly Data

per share eps CPI Adj_EPS
201609 -0.062 241.428 -0.086
201612 -0.228 241.432 -0.315
201703 -0.514 243.801 -0.704
201706 -0.151 244.955 -0.206
201709 -0.134 246.819 -0.181
201712 -0.220 246.524 -0.298
201803 0.949 249.554 1.270
201806 -0.240 251.989 -0.318
201809 -0.471 252.439 -0.623
201812 -0.316 251.233 -0.420
201903 -0.363 254.202 -0.477
201906 -0.274 256.143 -0.357
201909 -0.254 256.759 -0.330
201912 -0.351 256.974 -0.456
202003 -0.443 258.115 -0.573
202006 -0.195 257.797 -0.253
202009 -0.178 260.280 -0.228
202012 -0.362 260.474 -0.464
202103 -0.252 264.877 -0.318
202106 -0.672 271.696 -0.826
202109 0.162 274.310 0.197
202112 0.115 278.802 0.138
202203 0.036 287.504 0.042
202206 -0.189 296.311 -0.213
202209 -0.222 296.808 -0.250
202212 -0.236 296.797 -0.266
202303 -0.327 301.836 -0.362
202306 -0.295 305.109 -0.323
202309 -0.309 307.789 -0.335
202312 0.000 306.746 0.000
202403 0.018 312.332 0.019
202406 -0.399 314.175 -0.424
202409 -0.369 315.301 -0.391
202412 -1.041 315.605 -1.102
202503 -0.666 319.799 -0.695
202506 -0.191 322.561 -0.198
202509 -0.392 324.800 -0.403
202512 -0.273 324.054 -0.281
202603 -0.251 330.213 -0.254
202606 -0.252 333.952 -0.252

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 €-1.19 mean?
Carver Bancorp (FRA:39CN) has a E10 of €-1.19 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Carver Bancorp and its competitors.
Is Carver Bancorp's E10 too high?
Carver Bancorp's current E10 is €-1.19. Overall, Carver Bancorp has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carver Bancorp's E10 compare to FSGB and EWSB?
Carver Bancorp's E10 of €-1.19 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 Carver Bancorp and its competitors. Carver Bancorp's current E10 is €-1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carver Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Carver Bancorp (FRA:39CN) is currently considered Fairly Valued. The stock's GF Value™ is €1.45, compared to a current price of €1.35 — trading 6.9% below its estimated fair value. The current E10 is €-1.19. Carver Bancorp's overall GF Score™ is 39/100 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 Carver Bancorp (FRA:39CN), the current E10 is €-1.19 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 Carver Bancorp (FRA:39CN) Overvalued in 2026?

Based on GuruFocus' analysis, Carver Bancorp stock appears to be undervalued. The current stock price of €1.35 is trading 6.9% below its estimated GF Value™ of €1.45. GuruFocus considers Carver Bancorp to be Fairly Valued.

Key valuation signals for FRA:39CN:

  • E10: €-1.19
  • GF Value™: €1.45 vs. price of €1.35 (6.9% below fair value)
  • GF Score™: 39/100 with 3 warning signs

No single metric tells the full story. See the FRA:39CN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carver Bancorp Business Description

Other Exchanges CARV:USA
Address 75 West 125th Street, New York, NY, USA, 10027
Carver Bancorp Inc is a holding company and conducts its business as a unitary saving and loan holding firm and the business of the company consists of the operation of its subsidiary. The bank offers a wide range of financial solutions to meet customers' banking. It offers other consumer and commercial banking products and services, such as debit cards, online banking, online bill pay, and telephone banking. The company provides deposit products, such as demand, savings, and time deposits for consumers, businesses, and governmental and quasi-governmental agencies in its market area within New York City.
39GF Score

Get the complete analysis for FRA:39CN

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

€1.35
Price
€1.45
GF Value