ConnectOne Bancorp (FRA:CBM) E10: €2.03 (As of Mar. 2026)


FRA:CBM ConnectOne Bancorp Inc FRA:CBM
68 GF Score
Price €28.80
GF Value €24.91
Valuation Modestly Overvalued
! 6 Warning Signs
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What is ConnectOne Bancorp E10?

ConnectOne Bancorp FRA:CBM 68 E10 is €2.03 as of Mar. 2026. GuruFocus rates FRA:CBM with a GF Score™ of 68/100 and a GF Value™ of €24.91 (Modestly Overvalued). The stock has 6 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.

ConnectOne Bancorp's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.623. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ConnectOne Bancorp's average E10 Growth Rate was 2.60% per year. During the past 3 years, the average E10 Growth Rate was 4.20% per year. During the past 5 years, the average E10 Growth Rate was 9.70% per year. During the past 10 years, the average E10 Growth Rate was 13.30% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of ConnectOne Bancorp was 16.80% per year. The lowest was 1.20% per year. And the median was 7.40% per year.

As of today (2026-06-29), ConnectOne Bancorp's current stock price is €28.80. ConnectOne Bancorp's E10 for the quarter that ended in Mar. 2026 was €2.03. ConnectOne Bancorp's Shiller PE Ratio of today is 14.19.

During the past 13 years, the highest Shiller PE Ratio of ConnectOne Bancorp was 32.89. The lowest was 6.48. And the median was 14.89.


ConnectOne Bancorp  (FRA:CBM) 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.

ConnectOne Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.80/2.03
=14.19

* 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 ConnectOne Bancorp was 32.89. The lowest was 6.48. And the median was 14.89.


Be Aware

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


ConnectOne Bancorp E10 Related Terms


ConnectOne Bancorp E10 Historical Data

* Premium members only.

The historical data trend for ConnectOne 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.

ConnectOne Bancorp E10 Chart

ConnectOne Bancorp 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 1.54 1.90 1.98 2.07 1.97

ConnectOne Bancorp 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 2.14 1.90 1.93 1.97 2.03

FRA:CBM vs BFC, BY, QCRH: E10 Comparison

For the Banks - Regional subindustry, ConnectOne 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.


ConnectOne Bancorp Shiller PE Ratio vs Banks Industry

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

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


FRA:CBM
68GF Score
ConnectOne Bancorp Inc FRA:CBM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ConnectOne 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, ConnectOne Bancorp'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)
=0.623/330.2130*330.2130
=0.623

Current CPI (Mar. 2026) = 330.2130.

ConnectOne Bancorp Quarterly Data

per share eps CPI Adj_EPS
201606 0.320 241.018 0.438
201609 0.347 241.428 0.475
201612 -0.066 241.432 -0.090
201703 0.346 243.801 0.469
201706 0.214 244.955 0.288
201709 0.344 246.819 0.460
201712 0.279 246.524 0.374
201803 0.105 249.554 0.139
201806 0.462 251.989 0.605
201809 0.523 252.439 0.684
201812 0.510 251.233 0.670
201903 0.292 254.202 0.379
201906 0.478 256.143 0.616
201909 0.554 256.759 0.712
201912 0.531 256.974 0.682
202003 0.136 258.115 0.174
202006 0.329 257.797 0.421
202009 0.526 260.280 0.667
202012 0.526 260.474 0.667
202103 0.689 264.877 0.859
202106 0.672 271.696 0.817
202109 0.680 274.310 0.819
202112 0.699 278.802 0.828
202203 0.681 287.504 0.782
202206 0.738 296.311 0.822
202209 0.707 296.808 0.787
202212 0.746 296.797 0.830
202303 0.551 301.836 0.603
202306 0.471 305.109 0.510
202309 0.478 307.789 0.513
202312 0.422 306.746 0.454
202403 0.377 312.332 0.399
202406 0.427 314.175 0.449
202409 0.369 315.301 0.386
202412 0.468 315.605 0.490
202503 0.453 319.799 0.468
202506 -0.451 322.561 -0.462
202509 0.665 324.800 0.676
202512 0.640 324.054 0.652
202603 0.623 330.213 0.623

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 €2.03 mean?
ConnectOne Bancorp (FRA:CBM) has a E10 of €2.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ConnectOne Bancorp and its competitors.
Is ConnectOne Bancorp's E10 too high?
ConnectOne Bancorp's current E10 is €2.03. Overall, ConnectOne Bancorp has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ConnectOne Bancorp's E10 compare to BFC and BY?
ConnectOne Bancorp's E10 of €2.03 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 ConnectOne Bancorp and its competitors. ConnectOne Bancorp's current E10 is €2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ConnectOne Bancorp stock overvalued right now?
Based on GuruFocus' analysis, ConnectOne Bancorp (FRA:CBM) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.91, compared to a current price of €28.80 — trading 15.6% above its estimated fair value. The current E10 is €2.03. ConnectOne Bancorp's overall GF Score™ is 68/100 with 6 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 ConnectOne Bancorp (FRA:CBM), the current E10 is €2.03 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 ConnectOne Bancorp (FRA:CBM) Overvalued in 2026?

Based on GuruFocus' analysis, ConnectOne Bancorp stock appears to be overvalued. The current stock price of €28.80 is trading 15.6% above its estimated GF Value™ of €24.91. GuruFocus considers ConnectOne Bancorp to be Modestly Overvalued.

Key valuation signals for FRA:CBM:

  • E10: €2.03
  • GF Value™: €24.91 vs. price of €28.80 (15.6% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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


ConnectOne Bancorp Business Description

Other Exchanges CNOB:USA
Address 301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632
ConnectOne Bancorp Inc is a community-based, full-service New Jersey-chartered commercial bank. Substantially all loans are secured with various types of collateral, including business assets, consumer assets, and commercial/residential real estate. Each borrower's ability to repay its loans is dependent on the conversion of assets, cash flows generated from the borrowers' business, real estate rental, and consumer wages.
68GF Score

Get the complete analysis for FRA:CBM

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

€28.80
Price
€24.91
GF Value