Credicorp (FRA:D8V) E10: €15.77 (As of Mar. 2026)


FRA:D8V Credicorp Ltd FRA:D8V
78 GF Score
Price €330.00
GF Value €184.91
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Credicorp E10?

Credicorp FRA:D8V -1.20% 78 E10 is €15.77 as of Mar. 2026. GuruFocus rates FRA:D8V with a GF Score™ of 78/100 and a GF Value™ of €184.91 (Significantly 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.

Credicorp's adjusted earnings per share data for the three months ended in Mar. 2026 was €6.504. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €15.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Credicorp's average E10 Growth Rate was 9.90% per year. During the past 3 years, the average E10 Growth Rate was 9.60% per year. During the past 5 years, the average E10 Growth Rate was 10.70% per year. During the past 10 years, the average E10 Growth Rate was 9.80% 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 Credicorp was 25.50% per year. The lowest was 6.20% per year. And the median was 14.65% per year.

As of today (2026-07-01), Credicorp's current stock price is €330.00. Credicorp's E10 for the quarter that ended in Mar. 2026 was €15.77. Credicorp's Shiller PE Ratio of today is 20.93.

During the past 13 years, the highest Shiller PE Ratio of Credicorp was 26.66. The lowest was 8.10. And the median was 13.81.


Credicorp  (FRA:D8V) 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.

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

Shiller PE Ratio=Share Price/E10
=330.00/15.77
=20.93

* 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 Credicorp was 26.66. The lowest was 8.10. And the median was 13.81.


Be Aware

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


Credicorp E10 Related Terms


Credicorp E10 Historical Data

* Premium members only.

The historical data trend for Credicorp'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.

Credicorp E10 Chart

Credicorp 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 10.12 12.03 13.51 15.20 15.08

Credicorp 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 15.49 14.55 14.91 15.08 15.77

FRA:D8V vs CFG, MTB, RF: E10 Comparison

For the Banks - Regional subindustry, Credicorp'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.


Credicorp Shiller PE Ratio vs Banks Industry

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

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


FRA:D8V
78GF Score
Credicorp Ltd FRA:D8V
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credicorp 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, Credicorp'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)
=6.504/330.2130*330.2130
=6.504

Current CPI (Mar. 2026) = 330.2130.

Credicorp Quarterly Data

per share eps CPI Adj_EPS
201606 2.745 241.018 3.761
201609 2.983 241.428 4.080
201612 2.810 241.432 3.843
201703 2.792 243.801 3.782
201706 2.890 244.955 3.896
201709 3.824 246.819 5.116
201712 3.341 246.524 4.475
201803 3.259 249.554 4.312
201806 3.070 251.989 4.023
201809 3.175 252.439 4.153
201812 3.015 251.233 3.963
201903 3.466 254.202 4.502
201906 3.449 256.143 4.446
201909 3.432 256.759 4.414
201912 3.055 256.974 3.926
202003 0.657 258.115 0.841
202006 -1.957 257.797 -2.507
202009 0.330 260.280 0.419
202012 2.059 260.474 2.610
202103 2.074 264.877 2.586
202106 2.203 271.696 2.677
202109 3.665 274.310 4.412
202112 3.331 278.802 3.945
202203 3.691 287.504 4.239
202206 3.599 296.311 4.011
202209 4.166 296.808 4.635
202212 3.181 296.797 3.539
202303 4.361 301.836 4.771
202306 4.412 305.109 4.775
202309 3.899 307.789 4.183
202312 2.652 306.746 2.855
202403 4.764 312.332 5.037
202406 4.207 314.175 4.422
202409 4.804 315.301 5.031
202412 3.552 315.605 3.716
202503 5.610 319.799 5.793
202506 5.710 322.561 5.845
202509 5.486 324.800 5.577
202512 5.008 324.054 5.103
202603 6.504 330.213 6.504

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 €15.77 mean?
Credicorp (FRA:D8V) has a E10 of €15.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Credicorp and its competitors.
Is Credicorp's E10 too high?
Credicorp's current E10 is €15.77. Overall, Credicorp has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Credicorp's E10 compare to CFG and MTB?
Credicorp's E10 of €15.77 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 Credicorp and its competitors. Credicorp's current E10 is €15.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credicorp stock overvalued right now?
Based on GuruFocus' analysis, Credicorp (FRA:D8V) is currently considered Significantly Overvalued. The stock's GF Value™ is €184.91, compared to a current price of €330.00 — trading 78.5% above its estimated fair value. The current E10 is €15.77. Credicorp's overall GF Score™ is 78/100 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 Credicorp (FRA:D8V), the current E10 is €15.77 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 Credicorp (FRA:D8V) Overvalued in 2026?

Based on GuruFocus' analysis, Credicorp stock appears to be overvalued. The current stock price of €330.00 is trading 78.5% above its estimated GF Value™ of €184.91. GuruFocus considers Credicorp to be Significantly Overvalued.

Key valuation signals for FRA:D8V:

  • E10: €15.77
  • GF Value™: €184.91 vs. price of €330.00 (78.5% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the FRA:D8V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Credicorp Business Description

Address Calle Centenario 156, La Molina, Lima, PER, 15026
Credicorp Ltd is a Peruvian financial services company. The company operates in four business lines, including Universal Banking, Insurance and Retirement, Microfinance, and Investment Banking and Asset Management. Its subsidiaries include Banco de Credito del Peru, Prima AFP, Credicorp Capital, and others. Geographically, the company operates in Peru, Colombia, Bolivia, Chile, Panama, the USA, and Mexico; the majority of its revenue is generated from Peru.
78GF Score

Get the complete analysis for FRA:D8V

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

€330.00
Price
€184.91
GF Value