GLBZ (Glen Burnie Bancorp) E10: $0.54 (As of Mar. 2026)

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GLBZ Glen Burnie Bancorp GLBZ
54 GF Score
Price $4.45
GF Value $5.38
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Glen Burnie Bancorp E10?

Glen Burnie Bancorp GLBZ 54 E10 is $0.54 as of Mar. 2026. GuruFocus rates GLBZ with a GF Score™ of 54/100 and a GF Value™ of $5.38 (Modestly Undervalued). The stock has 3 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.

Glen Burnie Bancorp's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Glen Burnie Bancorp's average E10 Growth Rate was -8.50% per year. During the past 3 years, the average E10 Growth Rate was -8.70% per year. During the past 5 years, the average E10 Growth Rate was -5.80% per year. During the past 10 years, the average E10 Growth Rate was -2.60% 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 Glen Burnie Bancorp was 2.70% per year. The lowest was -8.70% per year. And the median was -2.60% per year.

As of today (2026-08-26), Glen Burnie Bancorp's current stock price is $4.45. Glen Burnie Bancorp's E10 for the quarter that ended in Mar. 2026 was $0.54. Glen Burnie Bancorp's Shiller PE Ratio of today is 8.24.

During the past 13 years, the highest Shiller PE Ratio of Glen Burnie Bancorp was 19.47. The lowest was 6.25. And the median was 14.19.


Glen Burnie Bancorp  (OTCPK:GLBZ) 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.

Glen Burnie Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.45/0.54
=8.24

* 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 Glen Burnie Bancorp was 19.47. The lowest was 6.25. And the median was 14.19.


Be Aware

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


Glen Burnie Bancorp E10 Related Terms


Glen Burnie Bancorp E10 Historical Data

* Premium members only.

The historical data trend for Glen Burnie Bancorp'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.

Glen Burnie Bancorp E10 Chart

Glen Burnie Bancorp 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 0.73 0.71 0.66 0.60 0.54

Glen Burnie Bancorp 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 0.56 0.57 0.54 0.54 0.00

GLBZ vs FNFI, ASCN, SRNN: E10 Comparison

For the Banks - Regional subindustry, Glen Burnie Bancorp'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.


Glen Burnie Bancorp Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Glen Burnie Bancorp's Shiller PE Ratio falls into.


GLBZ
54GF Score
Glen Burnie Bancorp GLBZ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glen Burnie Bancorp 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, Glen Burnie Bancorp'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)
=0.03/330.2130*330.2130
=0.030

Current CPI (Mar. 2026) = 330.2130.

Glen Burnie Bancorp Quarterly Data

per share eps CPI Adj_EPS
201606 0.110 241.018 0.151
201609 0.040 241.428 0.055
201612 0.150 241.432 0.205
201703 0.110 243.801 0.149
201706 0.120 244.955 0.162
201709 0.150 246.819 0.201
201712 -0.050 246.524 -0.067
201803 0.090 249.554 0.119
201806 0.170 251.989 0.223
201809 0.160 252.439 0.209
201812 0.110 251.233 0.145
201903 0.050 254.202 0.065
201906 0.110 256.143 0.142
201909 0.210 256.759 0.270
201912 0.190 256.974 0.244
202003 0.090 258.115 0.115
202006 -0.030 257.797 -0.038
202009 0.330 260.280 0.419
202012 0.190 260.474 0.241
202103 0.210 264.877 0.262
202106 0.170 271.696 0.207
202109 0.310 274.310 0.373
202112 0.190 278.802 0.225
202203 0.080 287.504 0.092
202206 0.110 296.311 0.123
202209 0.130 296.808 0.145
202212 0.290 296.797 0.323
202303 0.150 301.836 0.164
202306 0.100 305.109 0.108
202309 0.190 307.789 0.204
202312 0.060 306.746 0.065
202403 0.000 312.332 0.000
202406 -0.070 314.175 -0.074
202409 0.040 315.301 0.042
202412 -0.010 315.605 -0.010
202503 0.050 319.799 0.052
202506 -0.070 322.561 -0.072
202509 0.040 324.800 0.041
202512 -0.030 324.054 -0.031
202603 0.030 330.213 0.030

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 $0.54 mean?
Glen Burnie Bancorp (GLBZ) has a E10 of $0.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Glen Burnie Bancorp and its competitors.
Is Glen Burnie Bancorp's E10 too high?
Glen Burnie Bancorp's current E10 is $0.54. Overall, Glen Burnie Bancorp has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Glen Burnie Bancorp's E10 compare to FNFI and ASCN?
Glen Burnie Bancorp's E10 of $0.54 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 Glen Burnie Bancorp and its competitors. Glen Burnie Bancorp's current E10 is $0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glen Burnie Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Glen Burnie Bancorp (GLBZ) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.38, compared to a current price of $4.45 — trading 17.3% below its estimated fair value. The current E10 is $0.54. Glen Burnie Bancorp's overall GF Score™ is 54/100 with 3 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 Glen Burnie Bancorp (GLBZ), the current E10 is $0.54 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 Glen Burnie Bancorp (GLBZ) Overvalued in 2026?

Based on GuruFocus' analysis, Glen Burnie Bancorp stock appears to be undervalued. The current stock price of $4.45 is trading 17.3% below its estimated GF Value™ of $5.38. GuruFocus considers Glen Burnie Bancorp to be Modestly Undervalued.

Key valuation signals for GLBZ:

  • E10: $0.54
  • GF Value™: $5.38 vs. price of $4.45 (17.3% below fair value)
  • GF Score™: 54/100 with 3 warning signs

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


Glen Burnie Bancorp Business Description

Address 101 Crain Highway, S.E., Glen Burnie, MD, USA, 21061
Glen Burnie Bancorp is a bank holding company for The Bank of Glen Burnie. It offers retail and commercial banking services such as checking, savings, loans, mobile banking, online banking, wire transfer, ACH services, debit cards, automated teller machines, and safe deposit boxes among others. The bank generates its revenue in the form of interest income. All of the revenues are earned within the United States.
54GF Score

Get the complete analysis for GLBZ

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

$4.45
Price
$5.38
GF Value