MCB Bank (KAR:MCB) E10: ₨36.66 (As of Mar. 2026)


KAR:MCB MCB Bank Ltd KAR:MCB
67 GF Score
Price ₨403.75
GF Value ₨236.18
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MCB Bank E10?

MCB Bank KAR:MCB 67 E10 is ₨36.66 as of Mar. 2026. GuruFocus rates KAR:MCB with a GF Score™ of 67/100 and a GF Value™ of ₨236.18 (Significantly Overvalued). The stock has 8 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.

MCB Bank's adjusted earnings per share data for the three months ended in Mar. 2026 was ₨11.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨36.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MCB Bank's average E10 Growth Rate was 9.20% per year. During the past 3 years, the average E10 Growth Rate was 11.40% 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 MCB Bank was 11.60% per year. The lowest was 11.40% per year. And the median was 11.50% per year.

As of today (2026-06-28), MCB Bank's current stock price is ₨403.75. MCB Bank's E10 for the quarter that ended in Mar. 2026 was ₨36.66. MCB Bank's Shiller PE Ratio of today is 11.01.

During the past 13 years, the highest Shiller PE Ratio of MCB Bank was 12.38. The lowest was 4.13. And the median was 6.86.


MCB Bank  (KAR:MCB) 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.

MCB Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=403.75/36.66
=11.01

* 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 MCB Bank was 12.38. The lowest was 4.13. And the median was 6.86.


Be Aware

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


MCB Bank E10 Related Terms


MCB Bank E10 Historical Data

* Premium members only.

The historical data trend for MCB Bank'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.

MCB Bank E10 Chart

MCB Bank 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 23.66 25.81 29.60 32.87 35.64

MCB Bank 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 33.58 34.44 35.14 35.64 36.66

MCB Bank E10 Competitor Comparison

For the Banks - Regional subindustry, MCB Bank'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.


MCB Bank Shiller PE Ratio vs Banks Industry

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

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


KAR:MCB
67GF Score
MCB Bank Ltd KAR:MCB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCB Bank 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, MCB Bank'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)
=11.07/330.2130*330.2130
=11.070

Current CPI (Mar. 2026) = 330.2130.

MCB Bank Quarterly Data

per share eps CPI Adj_EPS
201606 4.340 241.018 5.946
201609 6.180 241.428 8.453
201612 3.810 241.432 5.211
201703 5.300 243.801 7.179
201706 6.880 244.955 9.275
201709 4.660 246.819 6.234
201712 2.360 246.524 3.161
201803 3.970 249.554 5.253
201806 3.990 251.989 5.229
201809 3.500 252.439 4.578
201812 5.710 251.233 7.505
201903 4.210 254.202 5.469
201906 4.590 256.143 5.917
201909 4.840 256.759 6.225
201912 6.510 256.974 8.365
202003 5.590 258.115 7.151
202006 5.740 257.797 7.352
202009 8.420 260.280 10.682
202012 5.070 260.474 6.427
202103 5.920 264.877 7.380
202106 6.640 271.696 8.070
202109 6.730 274.310 8.102
202112 6.710 278.802 7.947
202203 7.660 287.504 8.798
202206 1.930 296.311 2.151
202209 7.800 296.808 8.678
202212 11.600 296.797 12.906
202303 11.750 301.836 12.855
202306 12.380 305.109 13.399
202309 16.570 307.789 17.777
202312 14.240 306.746 15.329
202403 15.040 312.332 15.901
202406 14.170 314.175 14.893
202409 15.270 315.301 15.992
202412 8.880 315.605 9.291
202503 12.360 319.799 12.762
202506 12.310 322.561 12.602
202509 12.750 324.800 12.962
202512 11.870 324.054 12.096
202603 11.070 330.213 11.070

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 ₨36.66 mean?
MCB Bank (KAR:MCB) has a E10 of ₨36.66 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MCB Bank and its competitors.
Is MCB Bank's E10 too high?
MCB Bank's current E10 is ₨36.66. Overall, MCB Bank has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCB Bank's E10 compare to competitors?
MCB Bank's E10 of ₨36.66 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 MCB Bank and its competitors. MCB Bank's current E10 is ₨36.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCB Bank stock overvalued right now?
Based on GuruFocus' analysis, MCB Bank (KAR:MCB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨236.18, compared to a current price of ₨403.75 — trading 71% above its estimated fair value. The current E10 is ₨36.66. MCB Bank's overall GF Score™ is 67/100 with 8 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 MCB Bank (KAR:MCB), the current E10 is ₨36.66 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 MCB Bank (KAR:MCB) Overvalued in 2026?

Based on GuruFocus' analysis, MCB Bank stock appears to be overvalued. The current stock price of ₨403.75 is trading 71% above its estimated GF Value™ of ₨236.18. GuruFocus considers MCB Bank to be Significantly Overvalued.

Key valuation signals for KAR:MCB:

  • E10: ₨36.66
  • GF Value™: ₨236.18 vs. price of ₨403.75 (71% above fair value)
  • GF Score™: 67/100 with 8 warning signs

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


MCB Bank Business Description

Address 15-Main Gulberg, Jail Road, MCB House, Gulburg, Lahore, PB, PAK
MCB Bank Ltd is a commercial banking company operating in Pakistan. The bank provides services through its segments such as Retail Banking, Corporate Banking, Treasury, International banking and others. The majority of the bank's revenues are generated from the Retail banking segment, which includes retail lending and deposits, banking services, cards, and branchless banking. Retail banking offers services such as retail and private lending & deposits and other banking services offered to individual customers and small and medium-term companies. MCB Bank derives majority of its business from its domestic operations. It also has branches across South Asia and the Middle East.
67GF Score

Get the complete analysis for KAR:MCB

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

₨403.75
Price
₨236.18
GF Value