Sekerbank TAS (IST:SKBNK) E10: ₺0.53 (As of Mar. 2026)


IST:SKBNK Sekerbank TAS IST:SKBNK
34 GF Score
Price ₺19.10
GF Value ₺7.05
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sekerbank TAS E10?

Sekerbank TAS IST:SKBNK +0.10% 34 E10 is ₺0.53 as of Mar. 2026. GuruFocus rates IST:SKBNK with a GF Score™ of 34/100 and a GF Value™ of ₺7.05 (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.

Sekerbank TAS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺0.266. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺0.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sekerbank TAS's average E10 Growth Rate was 26.20% per year. During the past 3 years, the average E10 Growth Rate was 65.70% 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 Sekerbank TAS was 242.00% per year. The lowest was -57.50% per year. And the median was 94.05% per year.

As of today (2026-07-08), Sekerbank TAS's current stock price is ₺19.10. Sekerbank TAS's E10 for the quarter that ended in Mar. 2026 was ₺0.53. Sekerbank TAS's Shiller PE Ratio of today is 36.04.

During the past 13 years, the highest Shiller PE Ratio of Sekerbank TAS was 110.82. The lowest was 4.43. And the median was 13.63.


Sekerbank TAS  (IST:SKBNK) 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.

Sekerbank TAS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.10/0.53
=36.04

* 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 Sekerbank TAS was 110.82. The lowest was 4.43. And the median was 13.63.


Be Aware

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


Sekerbank TAS E10 Related Terms


Sekerbank TAS E10 Historical Data

* Premium members only.

The historical data trend for Sekerbank TAS'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.

Sekerbank TAS E10 Chart

Sekerbank TAS 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 0.01 0.11 0.26 0.40 0.50

Sekerbank TAS 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 0.42 0.44 0.47 0.50 0.53

IST:SKBNK vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Sekerbank TAS'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.


Sekerbank TAS Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Sekerbank TAS's Shiller PE Ratio falls into.


IST:SKBNK
34GF Score
Sekerbank TAS IST:SKBNK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sekerbank TAS 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, Sekerbank TAS'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)
=0.266/330.2130*330.2130
=0.266

Current CPI (Mar. 2026) = 330.2130.

Sekerbank TAS Quarterly Data

per share eps CPI Adj_EPS
201606 0.006 241.018 0.008
201609 0.012 241.428 0.016
201612 0.046 241.432 0.063
201703 0.012 243.801 0.016
201706 0.012 244.955 0.016
201709 0.014 246.819 0.019
201712 0.025 246.524 0.033
201803 0.017 249.554 0.022
201806 0.024 251.989 0.031
201809 0.022 252.439 0.029
201812 -0.012 251.233 -0.016
201903 -0.057 254.202 -0.074
201906 -0.122 256.143 -0.157
201909 -0.008 256.759 -0.010
201912 -0.411 256.974 -0.528
202003 0.029 258.115 0.037
202006 0.024 257.797 0.031
202009 0.010 260.280 0.013
202012 0.049 260.474 0.062
202103 0.004 264.877 0.005
202106 0.006 271.696 0.007
202109 0.005 274.310 0.006
202112 0.166 278.802 0.197
202203 0.171 287.504 0.196
202206 0.157 296.311 0.175
202209 0.139 296.808 0.155
202212 0.330 296.797 0.367
202303 0.173 301.836 0.189
202306 0.559 305.109 0.605
202309 0.292 307.789 0.313
202312 0.466 306.746 0.502
202403 0.313 312.332 0.331
202406 0.625 314.175 0.657
202409 0.234 315.301 0.245
202412 0.312 315.605 0.326
202503 0.254 319.799 0.262
202506 0.358 322.561 0.366
202509 0.248 324.800 0.252
202512 0.283 324.054 0.288
202603 0.266 330.213 0.266

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 ₺0.53 mean?
Sekerbank TAS (IST:SKBNK) has a E10 of ₺0.53 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sekerbank TAS and its competitors.
Is Sekerbank TAS's E10 too high?
Sekerbank TAS's current E10 is ₺0.53. Overall, Sekerbank TAS has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sekerbank TAS's E10 compare to PNC and USB?
Sekerbank TAS's E10 of ₺0.53 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 Sekerbank TAS and its competitors. Sekerbank TAS's current E10 is ₺0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekerbank TAS stock overvalued right now?
Based on GuruFocus' analysis, Sekerbank TAS (IST:SKBNK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.05, compared to a current price of ₺19.10 — trading 170.9% above its estimated fair value. The current E10 is ₺0.53. Sekerbank TAS's overall GF Score™ is 34/100 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 Sekerbank TAS (IST:SKBNK), the current E10 is ₺0.53 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 Sekerbank TAS (IST:SKBNK) Overvalued in 2026?

Based on GuruFocus' analysis, Sekerbank TAS stock appears to be overvalued. The current stock price of ₺19.10 is trading 170.9% above its estimated GF Value™ of ₺7.05. GuruFocus considers Sekerbank TAS to be Significantly Overvalued.

Key valuation signals for IST:SKBNK:

  • E10: ₺0.53
  • GF Value™: ₺7.05 vs. price of ₺19.10 (170.9% above fair value)
  • GF Score™: 34/100 with 6 warning signs

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


Sekerbank TAS Business Description

Address Eski Buyukdere Caddesi No: 1/1A, Emniyet Evleri Mahallesi, Kagithane, Istanbul, TUR, 34415
Sekerbank TAS is a co-operative bank operating in Turkey, in Anatolia. The bank focuses on agricultural banking, as well as providing small to midsize enterprise, corporate, and retail banking services. The bank emphasizes its community banking orientation. It has incorporated microfinance lending into its business model to provide equal access across its customer segments. The bank's segments include Corporate/ Commercial, Retail, SME, Treasury /Investment, and Others. It derives the majority of the revenue from Treasury /Investment segment.
34GF Score

Get the complete analysis for IST:SKBNK

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

₺19.10
Price
₺7.05
GF Value