BDO Unibank (FRA:ZB9) E10: €0.00 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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FRA:ZB9 BDO Unibank Inc FRA:ZB9
64 GF Score
Price €18.22
GF Value €26.22
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is BDO Unibank E10?

BDO Unibank FRA:ZB9 64 E10 is €0.00 as of Jun. 2026. GuruFocus rates FRA:ZB9 with a GF Score™ of 64/100 and a GF Value™ of €26.22 (Possible Value Trap). The stock has 4 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

BDO Unibank's adjusted earnings per share data for the three months ended in Jun. 2026 was €38.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, BDO Unibank's average E10 Growth Rate was 11.70% per year. During the past 3 years, the average E10 Growth Rate was 12.60% per year. During the past 5 years, the average E10 Growth Rate was 13.80% 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 BDO Unibank was 14.50% per year. The lowest was 10.10% per year. And the median was 12.30% per year.

As of today (2026-09-02), BDO Unibank's current stock price is €18.22. BDO Unibank's E10 for the quarter that ended in Jun. 2026 was €0.00. BDO Unibank's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of BDO Unibank was 32.62. The lowest was 10.14. And the median was 16.34.


BDO Unibank  (FRA:ZB9) 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.

During the past 13 years, the highest Shiller P/E Ratio of BDO Unibank was 32.62. The lowest was 10.14. And the median was 16.34.


Be Aware

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


BDO Unibank E10 Related Terms


BDO Unibank E10 Historical Data

* Premium members only.

The historical data trend for BDO Unibank'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.

BDO Unibank E10 Chart

BDO Unibank 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 0.00

BDO Unibank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00

BDO Unibank E10 Competitor Comparison

For the Banks - Regional subindustry, BDO Unibank'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.


BDO Unibank Shiller PE Ratio vs Banks Industry

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

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


FRA:ZB9
64GF Score
BDO Unibank Inc FRA:ZB9
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BDO Unibank 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, BDO Unibank's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=38.3/333.9520*333.9520
=38.300

Current CPI (Jun. 2026) = 333.9520.

BDO Unibank Quarterly Data

per share eps CPI Adj_EPS
201609 13.167 241.428 18.213
201612 15.167 241.432 20.979
201703 10.917 243.801 14.954
201706 14.417 244.955 19.655
201709 13.583 246.819 18.378
201712 14.750 246.524 19.981
201803 10.583 249.554 14.162
201806 13.833 251.989 18.332
201809 15.833 252.439 20.946
201812 21.250 251.233 28.247
201903 17.917 254.202 23.538
201906 19.667 256.143 25.641
201909 22.667 256.759 29.482
201912 23.000 256.974 29.890
202003 16.000 258.115 20.701
202006 -8.500 257.797 -11.011
202009 23.167 260.280 29.724
202012 22.083 260.474 28.312
202103 19.083 264.877 24.059
202106 20.833 271.696 25.607
202109 20.750 274.310 25.262
202112 19.500 278.802 23.357
202203 21.700 287.504 25.206
202206 22.900 296.311 25.809
202209 30.200 296.808 33.979
202212 32.000 296.797 36.006
202303 30.600 301.836 33.856
202306 35.200 305.109 38.528
202309 35.200 307.789 38.192
202312 35.400 306.746 38.540
202403 34.300 312.332 36.674
202406 39.000 314.175 41.455
202409 39.500 315.301 41.837
202412 39.800 315.605 42.114
202503 36.300 319.799 37.906
202506 39.000 322.561 40.377
202509 41.800 324.800 42.978
202512 44.700 324.054 46.065
202603 36.900 330.213 37.318
202606 38.300 333.952 38.300

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 €0.00 mean?
BDO Unibank (FRA:ZB9) has a E10 of €0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BDO Unibank and its competitors.
Is BDO Unibank's E10 too high?
BDO Unibank's current E10 is €0.00. Overall, BDO Unibank has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BDO Unibank's E10 compare to competitors?
BDO Unibank's E10 of €0.00 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 BDO Unibank and its competitors. BDO Unibank's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BDO Unibank stock overvalued right now?
Based on GuruFocus' analysis, BDO Unibank (FRA:ZB9) is currently considered Possible Value Trap. The stock's GF Value™ is €26.22, compared to a current price of €18.22 — trading 30.5% below its estimated fair value. The current E10 is €0.00. BDO Unibank's overall GF Score™ is 64/100 with 4 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 BDO Unibank (FRA:ZB9), the current E10 is €0.00 as of Jun. 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 BDO Unibank (FRA:ZB9) Overvalued in 2026?

Based on GuruFocus' analysis, BDO Unibank stock appears to be undervalued. The current stock price of €18.22 is trading 30.5% below its estimated GF Value™ of €26.22. GuruFocus considers BDO Unibank to be Possible Value Trap.

Key valuation signals for FRA:ZB9:

  • E10: €0.00
  • GF Value™: €26.22 vs. price of €18.22 (30.5% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the FRA:ZB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BDO Unibank Business Description

Other Exchanges BDOUY:USABDO:Philippines
Address 7899 Makati Avenue, BDO Corporate Center, Makati, PHL, 0726
BDO Unibank Inc is a full-service universal bank in the Philippines. The company's operating segment consists of Commercial banking, Investment banking, Private banking, Leasing and financing, Insurance, and Others. The company generates the majority of its revenue from the Commercial Banking segment, which handles the entire lending (corporate and consumer), trade financing and cash management services for corporate and retail customers. Geographically, the majority of its revenue is derived from the Philippines.
64GF Score

Get the complete analysis for FRA:ZB9

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

€18.22
Price
€26.22
GF Value