Warba Bank (K.S.C.) (KUW:WARBABANK) E10: KWD0.01 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:WARBABANK Warba Bank (K.S.C.) KUW:WARBABANK
26 GF Score
Price KWD0.28
GF Value KWD0.18
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Warba Bank (K.S.C.) E10?

Warba Bank (K.S.C.) KUW:WARBABANK -1.07% 26 E10 is KWD0.01 as of Mar. 2026. GuruFocus rates KUW:WARBABANK with a GF Score™ of 26/100 and a GF Value™ of KWD0.18 (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.

Warba Bank (K.S.C.)'s adjusted earnings per share data for the three months ended in Mar. 2026 was KWD0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KWD0.01 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-05), Warba Bank (K.S.C.)'s current stock price is KWD0.278. Warba Bank (K.S.C.)'s E10 for the quarter that ended in Mar. 2026 was KWD0.01. Warba Bank (K.S.C.)'s Shiller PE Ratio of today is 27.80.

During the past 13 years, the highest Shiller PE Ratio of Warba Bank (K.S.C.) was 35.71. The lowest was 14.30. And the median was 18.72.


Warba Bank (K.S.C.)  (KUW:WARBABANK) 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.

Warba Bank (K.S.C.)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.278/0.01
=27.80

* 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 Warba Bank (K.S.C.) was 35.71. The lowest was 14.30. And the median was 18.72.


Be Aware

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


Warba Bank (K.S.C.) E10 Related Terms


Warba Bank (K.S.C.) E10 Historical Data

* Premium members only.

The historical data trend for Warba Bank (K.S.C.)'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.

Warba Bank (K.S.C.) E10 Chart

Warba Bank (K.S.C.) 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 0.01 0.01 0.01 0.01

Warba Bank (K.S.C.) 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 0.01 0.01 0.01 0.01 0.01

KUW:WARBABANK vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Warba Bank (K.S.C.)'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.


Warba Bank (K.S.C.) Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Warba Bank (K.S.C.)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Warba Bank (K.S.C.)'s Shiller PE Ratio falls into.


KUW:WARBABANK
26GF Score
Warba Bank (K.S.C.) KUW:WARBABANK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Warba Bank (K.S.C.) 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, Warba Bank (K.S.C.)'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)
=0.001/330.2130*330.2130
=0.001

Current CPI (Mar. 2026) = 330.2130.

Warba Bank (K.S.C.) Quarterly Data

per share eps CPI Adj_EPS
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.001 241.432 0.001
201703 0.001 243.801 0.001
201706 0.001 244.955 0.001
201709 0.000 246.819 0.000
201712 0.002 246.524 0.003
201803 0.000 249.554 0.000
201806 0.001 251.989 0.001
201809 0.000 252.439 0.000
201812 0.003 251.233 0.004
201903 0.001 254.202 0.001
201906 0.001 256.143 0.001
201909 0.001 256.759 0.001
201912 0.002 256.974 0.003
202003 0.000 258.115 0.000
202006 -0.008 257.797 -0.010
202009 0.000 260.280 0.000
202012 0.008 260.474 0.010
202103 0.000 264.877 0.000
202106 0.002 271.696 0.002
202109 0.000 274.310 0.000
202112 0.003 278.802 0.004
202203 0.002 287.504 0.002
202206 0.001 296.311 0.001
202209 0.002 296.808 0.002
202212 0.001 296.797 0.001
202303 0.002 301.836 0.002
202306 0.002 305.109 0.002
202309 0.002 307.789 0.002
202312 0.002 306.746 0.002
202403 0.002 312.332 0.002
202406 0.001 314.175 0.001
202409 0.002 315.301 0.002
202412 0.002 315.605 0.002
202503 0.002 319.799 0.002
202506 0.004 322.561 0.004
202509 0.005 324.800 0.005
202512 0.001 324.054 0.001
202603 0.001 330.213 0.001

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 KWD0.01 mean?
Warba Bank (K.S.C.) (KUW:WARBABANK) has a E10 of KWD0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Warba Bank (K.S.C.) and its competitors.
Is Warba Bank (K.S.C.)'s E10 too high?
Warba Bank (K.S.C.)'s current E10 is KWD0.01. Overall, Warba Bank (K.S.C.) has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warba Bank (K.S.C.)'s E10 compare to PNC and USB?
Warba Bank (K.S.C.)'s E10 of KWD0.01 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 Warba Bank (K.S.C.) and its competitors. Warba Bank (K.S.C.)'s current E10 is KWD0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warba Bank (K.S.C.) stock overvalued right now?
Based on GuruFocus' analysis, Warba Bank (K.S.C.) (KUW:WARBABANK) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.18, compared to a current price of KWD0.28 — trading 54.4% above its estimated fair value. The current E10 is KWD0.01. Warba Bank (K.S.C.)'s overall GF Score™ is 26/100 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 Warba Bank (K.S.C.) (KUW:WARBABANK), the current E10 is KWD0.01 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 Warba Bank (K.S.C.) (KUW:WARBABANK) Overvalued in 2026?

Based on GuruFocus' analysis, Warba Bank (K.S.C.) stock appears to be overvalued. The current stock price of KWD0.28 is trading 54.4% above its estimated GF Value™ of KWD0.18. GuruFocus considers Warba Bank (K.S.C.) to be Significantly Overvalued.

Key valuation signals for KUW:WARBABANK:

  • E10: KWD0.01
  • GF Value™: KWD0.18 vs. price of KWD0.28 (54.4% above fair value)
  • GF Score™: 26/100 with 6 warning signs

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


Warba Bank (K.S.C.) Business Description

Address Omar Ibn Al Khattab Street, Parcel 6, Arraya Tower, M1, P.O. Box 1220, Sharq, Block 7, Safat, KWT, 13013
Warba Bank (K.S.C.) is a Kuwait-based banking corporation involved in corporate, retail, and investment banking activities in accordance with the principles of Islamic Sharia. It has five operating segments; Corporate offers a range of banking services and investment products to corporate customers, in addition to providing commodity and real estate Murabaha finance and Ijara facilities. Retail offers diversified products and services to individual customers, Treasury includes Bank's funding operations management, local and international Murabaha, and other Islamic financings with banks and financial institutions, Investment includes investment in direct equity, real estate investment, other investments, and asset management, and Other includes cost center assets and expenses.
26GF Score

Get the complete analysis for KUW:WARBABANK

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

KWD0.28
Price
KWD0.18
GF Value