First Busey (FRA:FBYN) E10: €1.84 (As of Mar. 2026)


FRA:FBYN First Busey Corp FRA:FBYN
64 GF Score
Price €24.80
GF Value €22.18
! 6 Warning Signs
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What is First Busey E10?

First Busey FRA:FBYN -0.80% 64 E10 is €1.84 as of Mar. 2026. GuruFocus rates FRA:FBYN with a GF Score™ of 64/100 and a GF Value™ of €22.18. 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.

First Busey's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, First Busey's average E10 Growth Rate was 4.70% per year. During the past 3 years, the average E10 Growth Rate was 4.80% per year. During the past 5 years, the average E10 Growth Rate was 9.10% 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 First Busey was 13.10% per year. The lowest was -92.80% per year. And the median was -13.80% per year.

As of today (2026-07-08), First Busey's current stock price is €24.80. First Busey's E10 for the quarter that ended in Mar. 2026 was €1.84. First Busey's Shiller PE Ratio of today is 13.48.

During the past 13 years, the highest Shiller PE Ratio of First Busey was 20.58. The lowest was 8.69. And the median was 12.39.


First Busey  (FRA:FBYN) 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.

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

Shiller PE Ratio=Share Price/E10
=24.80/1.84
=13.48

* 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 First Busey was 20.58. The lowest was 8.69. And the median was 12.39.


Be Aware

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


First Busey E10 Related Terms


First Busey E10 Historical Data

* Premium members only.

The historical data trend for First Busey'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.

First Busey E10 Chart

First Busey 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 1.45 1.78 1.88 1.92 1.81

First Busey 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 1.88 1.78 1.80 1.81 1.84

FRA:FBYN vs NBTB, EFSC, TBBK: E10 Comparison

For the Banks - Regional subindustry, First Busey'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.


First Busey Shiller PE Ratio vs Banks Industry

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

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


FRA:FBYN
64GF Score
First Busey Corp FRA:FBYN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Busey 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, First Busey'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)
=0.45/330.2130*330.2130
=0.450

Current CPI (Mar. 2026) = 330.2130.

First Busey Quarterly Data

per share eps CPI Adj_EPS
201606 0.312 241.018 0.427
201609 0.356 241.428 0.487
201612 0.284 241.432 0.388
201703 0.365 243.801 0.494
201706 0.383 244.955 0.516
201709 0.344 246.819 0.460
201712 0.211 246.524 0.283
201803 0.365 249.554 0.483
201806 0.437 251.989 0.573
201809 0.471 252.439 0.616
201812 0.448 251.233 0.589
201903 0.425 254.202 0.552
201906 0.381 256.143 0.491
201909 0.409 256.759 0.526
201912 0.468 256.974 0.601
202003 0.253 258.115 0.324
202006 0.417 257.797 0.534
202009 0.475 260.280 0.603
202012 0.427 260.474 0.541
202103 0.580 264.877 0.723
202106 0.440 271.696 0.535
202109 0.391 274.310 0.471
202112 0.469 278.802 0.555
202203 0.463 287.504 0.532
202206 0.501 296.311 0.558
202209 0.646 296.808 0.719
202212 0.576 296.797 0.641
202303 0.607 301.836 0.664
202306 0.480 305.109 0.519
202309 0.506 307.789 0.543
202312 0.422 306.746 0.454
202403 0.423 312.332 0.447
202406 0.437 314.175 0.459
202409 0.496 315.301 0.519
202412 0.468 315.605 0.490
202503 -0.407 319.799 -0.420
202506 0.451 322.561 0.462
202509 0.494 324.800 0.502
202512 0.538 324.054 0.548
202603 0.450 330.213 0.450

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 €1.84 mean?
First Busey (FRA:FBYN) has a E10 of €1.84 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on First Busey and its competitors.
Is First Busey's E10 too high?
First Busey's current E10 is €1.84. Overall, First Busey has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does First Busey's E10 compare to NBTB and EFSC?
First Busey's E10 of €1.84 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 First Busey and its competitors. First Busey's current E10 is €1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Busey stock overvalued right now?
First Busey (FRA:FBYN) has a current E10 of €1.84. The stock's GF Value™ is €22.18, compared to a current price of €24.80 — trading 11.8% above its estimated fair value. The current E10 is €1.84. First Busey's overall GF Score™ is 64/100 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 First Busey (FRA:FBYN), the current E10 is €1.84 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 First Busey (FRA:FBYN) Overvalued in 2026?

Based on GuruFocus' analysis, First Busey stock appears to be overvalued. The current stock price of €24.80 is trading 11.8% above its estimated GF Value™ of €22.18.

Key valuation signals for FRA:FBYN:

  • E10: €1.84
  • GF Value™: €22.18 vs. price of €24.80 (11.8% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


First Busey Business Description

Other Exchanges BUSE:USA
Address 11440 Tomahawk Creek Parkway, Leawood, KS, USA, 66211
First Busey Corporation is a financial holding company whose subsidiaries provide retail and commercial banking services, remittance processing, and offer financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.
64GF Score

Get the complete analysis for FRA:FBYN

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

€24.80
Price
€22.18
GF Value