Raiffeisen Bank International AG (FRA:RAW0) E10: €1.27 (As of Mar. 2026)


FRA:RAW0 Raiffeisen Bank International AG FRA:RAW0
51 GF Score
Price €13.50
GF Value €4.14
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Raiffeisen Bank International AG E10?

Raiffeisen Bank International AG FRA:RAW0 +0.75% 51 E10 is €1.27 as of Mar. 2026. GuruFocus rates FRA:RAW0 with a GF Score™ of 51/100 and a GF Value™ of €4.14 (Significantly 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.

Raiffeisen Bank International AG's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.335. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Raiffeisen Bank International AG's average E10 Growth Rate was 4.60% per year. During the past 3 years, the average E10 Growth Rate was 15.20% per year. During the past 5 years, the average E10 Growth Rate was 20.40% 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 Raiffeisen Bank International AG was 26.70% per year. The lowest was 0.00% per year. And the median was 12.15% per year.

As of today (2026-06-28), Raiffeisen Bank International AG's current stock price is €13.50. Raiffeisen Bank International AG's E10 for the quarter that ended in Mar. 2026 was €1.27. Raiffeisen Bank International AG's Shiller PE Ratio of today is 10.63.

During the past 13 years, the highest Shiller PE Ratio of Raiffeisen Bank International AG was 15.81. The lowest was 3.32. And the median was 7.16.


Raiffeisen Bank International AG  (FRA:RAW0) 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.

Raiffeisen Bank International AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.50/1.27
=10.63

* 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 Raiffeisen Bank International AG was 15.81. The lowest was 3.32. And the median was 7.16.


Be Aware

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


Raiffeisen Bank International AG E10 Related Terms


Raiffeisen Bank International AG E10 Historical Data

* Premium members only.

The historical data trend for Raiffeisen Bank International AG'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.

Raiffeisen Bank International AG E10 Chart

Raiffeisen Bank International AG 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 0.56 0.81 0.97 1.15 1.32

Raiffeisen Bank International AG 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 1.25 1.18 1.22 1.32 1.27

FRA:RAW0 vs PNC: E10 Comparison

For the Banks - Regional subindustry, Raiffeisen Bank International AG'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.


Raiffeisen Bank International AG Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Raiffeisen Bank International AG's Shiller PE Ratio falls into.


FRA:RAW0
51GF Score
Raiffeisen Bank International AG FRA:RAW0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raiffeisen Bank International AG 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, Raiffeisen Bank International AG'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)
=0.335/140.3549*140.3549
=0.335

Current CPI (Mar. 2026) = 140.3549.

Raiffeisen Bank International AG Quarterly Data

per share eps CPI Adj_EPS
201606 0.082 101.092 0.114
201609 0.157 101.192 0.218
201612 0.058 102.092 0.080
201703 0.168 102.592 0.230
201706 0.279 102.991 0.380
201709 0.245 103.591 0.332
201712 0.150 104.291 0.202
201803 0.293 104.491 0.394
201806 0.260 105.091 0.347
201809 0.317 105.691 0.421
201812 0.027 106.291 0.036
201903 0.160 106.391 0.211
201906 0.250 106.791 0.329
201909 0.220 106.991 0.289
201912 0.255 108.091 0.331
202003 0.123 108.024 0.160
202006 0.135 107.915 0.176
202009 0.158 108.348 0.205
202012 0.138 109.321 0.177
202103 0.148 110.186 0.189
202106 0.283 110.943 0.358
202109 0.337 111.916 0.423
202112 0.223 113.971 0.275
202203 0.318 117.647 0.379
202206 0.966 120.567 1.125
202209 0.828 123.811 0.939
202212 0.613 125.541 0.685
202303 0.480 128.460 0.524
202306 0.440 130.191 0.474
202309 0.669 131.272 0.715
202312 0.185 132.570 0.196
202403 0.485 133.759 0.509
202406 0.503 134.083 0.527
202409 0.577 133.651 0.606
202412 -0.725 135.273 -0.752
202503 0.515 137.760 0.525
202506 -0.424 138.517 -0.430
202509 0.592 138.949 0.598
202512 0.315 140.355 0.315
202603 0.335 140.355 0.335

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 €1.27 mean?
Raiffeisen Bank International AG (FRA:RAW0) has a E10 of €1.27 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Raiffeisen Bank International AG and its competitors.
Is Raiffeisen Bank International AG's E10 too high?
Raiffeisen Bank International AG's current E10 is €1.27. Overall, Raiffeisen Bank International AG has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raiffeisen Bank International AG's E10 compare to PNC?
Raiffeisen Bank International AG's E10 of €1.27 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 Raiffeisen Bank International AG and its competitors. Raiffeisen Bank International AG's current E10 is €1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raiffeisen Bank International AG stock overvalued right now?
Based on GuruFocus' analysis, Raiffeisen Bank International AG (FRA:RAW0) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.14, compared to a current price of €13.50 — trading 226.1% above its estimated fair value. The current E10 is €1.27. Raiffeisen Bank International AG's overall GF Score™ is 51/100 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 Raiffeisen Bank International AG (FRA:RAW0), the current E10 is €1.27 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 Raiffeisen Bank International AG (FRA:RAW0) Overvalued in 2026?

Based on GuruFocus' analysis, Raiffeisen Bank International AG stock appears to be overvalued. The current stock price of €13.50 is trading 226.1% above its estimated GF Value™ of €4.14. GuruFocus considers Raiffeisen Bank International AG to be Significantly Overvalued.

Key valuation signals for FRA:RAW0:

  • E10: €1.27
  • GF Value™: €4.14 vs. price of €13.50 (226.1% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the FRA:RAW0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raiffeisen Bank International AG Business Description

Address Am Stadtpark 9, Vienna, AUT, 1030
Raiffeisen Bank International AG is a corporate and investment bank with Central and Eastern Europe (CEE) as its home market. The group also includes financial service providers in leasing, asset management, factoring, and M&A. Its segments are as follows: The Central Europe segment covers the Czech Republic, Hungary, Poland, and Slovakia, offering corporate and retail banking, leasing, asset management, and building society services. Southeastern Europe includes Albania, Bosnia and Herzegovina, Romania, and Serbia, providing banking, leasing, asset management, and pension fund services. Eastern Europe comprises Russia, where RBI serves corporate and private customers and leasing. Ukraine is served through a bank offering full financial services via digital channels and branches.
51GF Score

Get the complete analysis for FRA:RAW0

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

€13.50
Price
€4.14
GF Value