Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA) E10: ₺0.13 (As of Dec. 2025)


IST:KLNMA Turkiye Kalkinma Ve Yatirim Bankasi AS IST:KLNMA
44 GF Score
Price ₺9.70
GF Value ₺19.11
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Turkiye Kalkinma Ve Yatirim Bankasi AS E10?

Turkiye Kalkinma Ve Yatirim Bankasi AS IST:KLNMA -2.12% 44 E10 is ₺0.13 as of Dec. 2025. GuruFocus rates IST:KLNMA with a GF Score™ of 44/100 and a GF Value™ of ₺19.11 (Significantly 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.

Turkiye Kalkinma Ve Yatirim Bankasi AS's adjusted earnings per share data for the three months ended in Dec. 2025 was ₺0.259. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺0.13 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Turkiye Kalkinma Ve Yatirim Bankasi AS's average E10 Growth Rate was 18.20% per year. During the past 3 years, the average E10 Growth Rate was 22.90% per year. During the past 5 years, the average E10 Growth Rate was 25.60% 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 Turkiye Kalkinma Ve Yatirim Bankasi AS was 31.00% per year. The lowest was 22.40% per year. And the median was 22.90% per year.

As of today (2026-07-13), Turkiye Kalkinma Ve Yatirim Bankasi AS's current stock price is ₺9.70. Turkiye Kalkinma Ve Yatirim Bankasi AS's E10 for the quarter that ended in Dec. 2025 was ₺0.13. Turkiye Kalkinma Ve Yatirim Bankasi AS's Shiller PE Ratio of today is 74.62.

During the past 13 years, the highest Shiller PE Ratio of Turkiye Kalkinma Ve Yatirim Bankasi AS was 240.02. The lowest was 38.72. And the median was 74.69.


Turkiye Kalkinma Ve Yatirim Bankasi AS  (IST:KLNMA) 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.

Turkiye Kalkinma Ve Yatirim Bankasi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.70/0.13
=74.62

* 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 Turkiye Kalkinma Ve Yatirim Bankasi AS was 240.02. The lowest was 38.72. And the median was 74.69.


Be Aware

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


Turkiye Kalkinma Ve Yatirim Bankasi AS E10 Related Terms


Turkiye Kalkinma Ve Yatirim Bankasi AS E10 Historical Data

* Premium members only.

The historical data trend for Turkiye Kalkinma Ve Yatirim Bankasi AS'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.

Turkiye Kalkinma Ve Yatirim Bankasi AS E10 Chart

Turkiye Kalkinma Ve Yatirim Bankasi AS 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 0.06 0.07 0.09 0.11 0.13

Turkiye Kalkinma Ve Yatirim Bankasi AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.11 0.10 0.10 0.10 0.13

Turkiye Kalkinma Ve Yatirim Bankasi AS E10 Competitor Comparison

For the Banks - Regional subindustry, Turkiye Kalkinma Ve Yatirim Bankasi AS'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.


Turkiye Kalkinma Ve Yatirim Bankasi AS Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Turkiye Kalkinma Ve Yatirim Bankasi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Kalkinma Ve Yatirim Bankasi AS's Shiller PE Ratio falls into.


IST:KLNMA
44GF Score
Turkiye Kalkinma Ve Yatirim Bankasi AS IST:KLNMA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Kalkinma Ve Yatirim Bankasi AS 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, Turkiye Kalkinma Ve Yatirim Bankasi AS's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.259/324.0540*324.0540
=0.259

Current CPI (Dec. 2025) = 324.0540.

Turkiye Kalkinma Ve Yatirim Bankasi AS Quarterly Data

per share eps CPI Adj_EPS
201603 0.000 238.132 0.000
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.008 241.432 0.011
201703 0.000 243.801 0.000
201706 0.004 244.955 0.005
201709 0.004 246.819 0.005
201712 0.003 246.524 0.004
201803 0.000 249.554 0.000
201806 0.007 251.989 0.009
201809 0.000 252.439 0.000
201812 0.015 251.233 0.019
201903 0.022 254.202 0.028
201906 0.013 256.143 0.016
201909 0.015 256.759 0.019
201912 0.010 256.974 0.013
202003 0.019 258.115 0.024
202006 0.021 257.797 0.026
202009 0.030 260.280 0.037
202012 0.018 260.474 0.022
202103 0.027 264.877 0.033
202106 0.029 271.696 0.035
202109 0.034 274.310 0.040
202112 0.018 278.802 0.021
202203 0.055 287.504 0.062
202206 0.001 296.311 0.001
202209 0.001 296.808 0.001
202212 0.058 296.797 0.063
202303 0.002 301.836 0.002
202306 0.003 305.109 0.003
202309 0.002 307.789 0.002
202312 0.124 306.746 0.131
202403 0.002 312.332 0.002
202406 0.002 314.175 0.002
202409 0.002 315.301 0.002
202412 0.193 315.605 0.198
202503 0.003 319.799 0.003
202506 0.004 322.561 0.004
202509 0.002 324.800 0.002
202512 0.259 324.054 0.259

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 ₺0.13 mean?
Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA) has a E10 of ₺0.13 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Turkiye Kalkinma Ve Yatirim Bankasi AS and its competitors.
Is Turkiye Kalkinma Ve Yatirim Bankasi AS's E10 too high?
Turkiye Kalkinma Ve Yatirim Bankasi AS's current E10 is ₺0.13. Overall, Turkiye Kalkinma Ve Yatirim Bankasi AS has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Kalkinma Ve Yatirim Bankasi AS's E10 compare to competitors?
Turkiye Kalkinma Ve Yatirim Bankasi AS's E10 of ₺0.13 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 Turkiye Kalkinma Ve Yatirim Bankasi AS and its competitors. Turkiye Kalkinma Ve Yatirim Bankasi AS's current E10 is ₺0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Kalkinma Ve Yatirim Bankasi AS stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺19.11, compared to a current price of ₺9.70 — trading 49.2% below its estimated fair value. The current E10 is ₺0.13. Turkiye Kalkinma Ve Yatirim Bankasi AS's overall GF Score™ is 44/100 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 Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA), the current E10 is ₺0.13 as of Dec. 2025. 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 Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Kalkinma Ve Yatirim Bankasi AS stock appears to be undervalued. The current stock price of ₺9.70 is trading 49.2% below its estimated GF Value™ of ₺19.11. GuruFocus considers Turkiye Kalkinma Ve Yatirim Bankasi AS to be Significantly Undervalued.

Key valuation signals for IST:KLNMA:

  • E10: ₺0.13
  • GF Value™: ₺19.11 vs. price of ₺9.70 (49.2% below fair value)
  • GF Score™: 44/100 with 3 warning signs

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


Turkiye Kalkinma Ve Yatirim Bankasi AS Business Description

Address Dr. Adnan Buyukdeniz, Cd. No: 10, Inkilap Mahalles, Umraniye, Istanbul, TUR, 34768
Turkiye Kalkinma Ve Yatirim Bankasi AS provides Development and Investment Banking services in Turkey. The group provides Project Funding and Corporate Loans, Investment Banking, Turkiye Development Fund, Sustainable Finance, and Other.
44GF Score

Get the complete analysis for IST:KLNMA

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

₺9.70
Price
₺19.11
GF Value