Columbia Banking System (FRA:CM6) E10: €0.87 (As of Mar. 2026)

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FRA:CM6 Columbia Banking System Inc FRA:CM6
51 GF Score
Price €28.60
GF Value €21.45
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Columbia Banking System E10?

Columbia Banking System FRA:CM6 -0.69% 51 E10 is €0.87 as of Mar. 2026. GuruFocus rates FRA:CM6 with a GF Score™ of 51/100 and a GF Value™ of €21.45 (Significantly Overvalued). The stock has 8 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.

Columbia Banking System's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.571. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Columbia Banking System's average E10 Growth Rate was 16.10% per year. During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was 23.70% per year. During the past 10 years, the average E10 Growth Rate was 4.90% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Columbia Banking System was 28.60% per year. The lowest was -15.70% per year. And the median was -5.80% per year.

As of today (2026-07-21), Columbia Banking System's current stock price is €28.60. Columbia Banking System's E10 for the quarter that ended in Mar. 2026 was €0.87. Columbia Banking System's Shiller PE Ratio of today is 32.87.

During the past 13 years, the highest Shiller PE Ratio of Columbia Banking System was 47.05. The lowest was 23.89. And the median was 30.26.


Columbia Banking System  (FRA:CM6) 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.

Columbia Banking System's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.60/0.87
=32.87

* 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 Columbia Banking System was 47.05. The lowest was 23.89. And the median was 30.26.


Be Aware

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


Columbia Banking System E10 Related Terms


Columbia Banking System E10 Historical Data

* Premium members only.

The historical data trend for Columbia Banking System'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.

Columbia Banking System E10 Chart

Columbia Banking System 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 0.00 0.00 0.82

Columbia Banking System 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 0.00 0.00 0.00 0.82 0.87

FRA:CM6 vs WAL, CFR, SSB: E10 Comparison

For the Banks - Regional subindustry, Columbia Banking System'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.


Columbia Banking System Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Columbia Banking System's Shiller PE Ratio falls into.


FRA:CM6
51GF Score
Columbia Banking System Inc FRA:CM6
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Columbia Banking System 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, Columbia Banking System'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)
=0.571/330.2130*330.2130
=0.571

Current CPI (Mar. 2026) = 330.2130.

Columbia Banking System Quarterly Data

per share eps CPI Adj_EPS
201606 0.223 241.018 0.306
201609 0.249 241.428 0.341
201612 0.294 241.432 0.402
201703 0.196 243.801 0.265
201706 0.231 244.955 0.311
201709 0.243 246.819 0.325
201712 0.321 246.524 0.430
201803 0.292 249.554 0.386
201806 0.257 251.989 0.337
201809 0.351 252.439 0.459
201812 0.316 251.233 0.415
201903 0.301 254.202 0.391
201906 0.451 256.143 0.581
201909 0.345 256.759 0.444
201912 0.342 256.974 0.439
202003 -7.611 258.115 -9.737
202006 0.213 257.797 0.273
202009 0.484 260.280 0.614
202012 0.559 260.474 0.709
202103 0.412 264.877 0.514
202106 0.440 271.696 0.535
202109 0.417 274.310 0.502
202112 0.363 278.802 0.430
202203 0.636 287.504 0.730
202206 0.577 296.311 0.643
202209 0.657 296.808 0.731
202212 0.359 296.797 0.399
202303 -0.084 301.836 -0.092
202306 0.591 305.109 0.640
202309 0.609 307.789 0.653
202312 0.413 306.746 0.445
202403 0.543 312.332 0.574
202406 0.530 314.175 0.557
202409 0.631 315.301 0.661
202412 0.649 315.605 0.679
202503 0.379 319.799 0.391
202506 0.633 322.561 0.648
202509 0.341 324.800 0.347
202512 0.615 324.054 0.627
202603 0.571 330.213 0.571

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 €0.87 mean?
Columbia Banking System (FRA:CM6) has a E10 of €0.87 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Columbia Banking System and its competitors.
Is Columbia Banking System's E10 too high?
Columbia Banking System's current E10 is €0.87. Overall, Columbia Banking System has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Columbia Banking System's E10 compare to WAL and CFR?
Columbia Banking System's E10 of €0.87 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 Columbia Banking System and its competitors. Columbia Banking System's current E10 is €0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbia Banking System stock overvalued right now?
Based on GuruFocus' analysis, Columbia Banking System (FRA:CM6) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.45, compared to a current price of €28.60 — trading 33.3% above its estimated fair value. The current E10 is €0.87. Columbia Banking System's overall GF Score™ is 51/100 with 8 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 Columbia Banking System (FRA:CM6), the current E10 is €0.87 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 Columbia Banking System (FRA:CM6) Overvalued in 2026?

Based on GuruFocus' analysis, Columbia Banking System stock appears to be overvalued. The current stock price of €28.60 is trading 33.3% above its estimated GF Value™ of €21.45. GuruFocus considers Columbia Banking System to be Significantly Overvalued.

Key valuation signals for FRA:CM6:

  • E10: €0.87
  • GF Value™: €21.45 vs. price of €28.60 (33.3% above fair value)
  • GF Score™: 51/100 with 8 warning signs

No single metric tells the full story. See the FRA:CM6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Columbia Banking System Business Description

Other Exchanges COLB:USA
Address 1301 A Street, Tacoma, WA, USA, 98402-4200
Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.
51GF Score

Get the complete analysis for FRA:CM6

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

€28.60
Price
€21.45
GF Value