Credicorp (LIM:BAP) E10: $18.28 (As of Mar. 2026)


LIM:BAP Credicorp Ltd LIM:BAP
60 GF Score
Price $390.10
GF Value $221.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Credicorp E10?

Credicorp LIM:BAP +2.57% 60 E10 is $18.28 as of Mar. 2026. GuruFocus rates LIM:BAP with a GF Score™ of 60/100 and a GF Value™ of $221.18 (Significantly Overvalued). The stock has 5 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.

Credicorp's adjusted earnings per share data for the three months ended in Mar. 2026 was $7.637. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $18.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Credicorp's average E10 Growth Rate was 9.90% per year. During the past 3 years, the average E10 Growth Rate was 9.60% per year. During the past 5 years, the average E10 Growth Rate was 10.70% per year. During the past 10 years, the average E10 Growth Rate was 9.80% 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 Credicorp was 25.50% per year. The lowest was 6.20% per year. And the median was 14.65% per year.

As of today (2026-06-27), Credicorp's current stock price is $390.10. Credicorp's E10 for the quarter that ended in Mar. 2026 was $18.28. Credicorp's Shiller PE Ratio of today is 21.34.

During the past 13 years, the highest Shiller PE Ratio of Credicorp was 26.66. The lowest was 8.10. And the median was 13.81.


Credicorp  (LIM:BAP) 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.

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

Shiller PE Ratio=Share Price/E10
=390.10/18.28
=21.34

* 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 Credicorp was 26.66. The lowest was 8.10. And the median was 13.81.


Be Aware

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


Credicorp E10 Related Terms


Credicorp E10 Historical Data

* Premium members only.

The historical data trend for Credicorp'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.

Credicorp E10 Chart

Credicorp 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 12.21 13.51 15.03 16.07 17.82

Credicorp 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 16.84 17.36 17.03 17.82 18.28

LIM:BAP vs CFG, RF, KEY: E10 Comparison

For the Banks - Regional subindustry, Credicorp'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.


Credicorp Shiller PE Ratio vs Banks Industry

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

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


LIM:BAP
60GF Score
Credicorp Ltd LIM:BAP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credicorp 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, Credicorp'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)
=7.637/330.2130*330.2130
=7.637

Current CPI (Mar. 2026) = 330.2130.

Credicorp Quarterly Data

per share eps CPI Adj_EPS
201606 3.223 241.018 4.416
201609 3.503 241.428 4.791
201612 3.300 241.432 4.513
201703 3.279 243.801 4.441
201706 3.394 244.955 4.575
201709 4.491 246.819 6.008
201712 3.923 246.524 5.255
201803 3.827 249.554 5.064
201806 3.606 251.989 4.725
201809 3.729 252.439 4.878
201812 3.540 251.233 4.653
201903 4.070 254.202 5.287
201906 4.051 256.143 5.222
201909 4.030 256.759 5.183
201912 3.587 256.974 4.609
202003 0.772 258.115 0.988
202006 -2.298 257.797 -2.944
202009 0.387 260.280 0.491
202012 2.418 260.474 3.065
202103 2.435 264.877 3.036
202106 2.587 271.696 3.144
202109 4.304 274.310 5.181
202112 3.911 278.802 4.632
202203 4.334 287.504 4.978
202206 4.226 296.311 4.710
202209 4.892 296.808 5.443
202212 3.735 296.797 4.156
202303 5.121 301.836 5.602
202306 5.182 305.109 5.608
202309 4.578 307.789 4.912
202312 3.114 306.746 3.352
202403 5.594 312.332 5.914
202406 4.941 314.175 5.193
202409 5.642 315.301 5.909
202412 4.171 315.605 4.364
202503 6.587 319.799 6.802
202506 6.705 322.561 6.864
202509 6.443 324.800 6.550
202512 5.881 324.054 5.993
202603 7.637 330.213 7.637

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 $18.28 mean?
Credicorp (LIM:BAP) has a E10 of $18.28 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Credicorp and its competitors.
Is Credicorp's E10 too high?
Credicorp's current E10 is $18.28. Overall, Credicorp has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Credicorp's E10 compare to CFG and RF?
Credicorp's E10 of $18.28 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 Credicorp and its competitors. Credicorp's current E10 is $18.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credicorp stock overvalued right now?
Based on GuruFocus' analysis, Credicorp (LIM:BAP) is currently considered Significantly Overvalued. The stock's GF Value™ is $221.18, compared to a current price of $390.10 — trading 76.4% above its estimated fair value. The current E10 is $18.28. Credicorp's overall GF Score™ is 60/100 with 5 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 Credicorp (LIM:BAP), the current E10 is $18.28 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 Credicorp (LIM:BAP) Overvalued in 2026?

Based on GuruFocus' analysis, Credicorp stock appears to be overvalued. The current stock price of $390.10 is trading 76.4% above its estimated GF Value™ of $221.18. GuruFocus considers Credicorp to be Significantly Overvalued.

Key valuation signals for LIM:BAP:

  • E10: $18.28
  • GF Value™: $221.18 vs. price of $390.10 (76.4% above fair value)
  • GF Score™: 60/100 with 5 warning signs

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


Credicorp Business Description

Address Calle Centenario 156, La Molina, Lima, PER, 15026
Credicorp Ltd is a Peruvian financial services company. The company operates in four business lines, including Universal Banking, Insurance and Retirement, Microfinance, and Investment Banking and Asset Management. Its subsidiaries include Banco de Credito del Peru, Prima AFP, Credicorp Capital, and others. Geographically, the company operates in Peru, Colombia, Bolivia, Chile, Panama, the USA, and Mexico; the majority of its revenue is generated from Peru.
60GF Score

Get the complete analysis for LIM:BAP

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

$390.10
Price
$221.18
GF Value