Bank Of China (MEX:3988N) E10: MXN1.27 (As of Mar. 2026)


MEX:3988N Bank Of China Ltd MEX:3988N
46 GF Score
Price MXN11.76
GF Value MXN10.56
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Bank Of China E10?

Bank Of China MEX:3988N 46 E10 is MXN1.27 as of Mar. 2026. GuruFocus rates MEX:3988N with a GF Score™ of 46/100 and a GF Value™ of MXN10.56 (Modestly 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.

Bank Of China's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN0.471. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN1.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bank Of China's average E10 Growth Rate was 3.00% per year. During the past 3 years, the average E10 Growth Rate was 1.00% per year. During the past 5 years, the average E10 Growth Rate was 2.30% per year. During the past 10 years, the average E10 Growth Rate was 4.60% 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 Bank Of China was 8.60% per year. The lowest was 1.00% per year. And the median was 4.20% per year.

As of today (2026-06-26), Bank Of China's current stock price is MXN11.76. Bank Of China's E10 for the quarter that ended in Mar. 2026 was MXN1.27. Bank Of China's Shiller PE Ratio of today is 9.26.

During the past 13 years, the highest Shiller PE Ratio of Bank Of China was 9.25. The lowest was 4.62. And the median was 6.67.


Bank Of China  (MEX:3988N) 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.

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

Shiller PE Ratio=Share Price/E10
=11.76/1.27
=9.26

* 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 Bank Of China was 9.25. The lowest was 4.62. And the median was 6.67.


Be Aware

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


Bank Of China E10 Related Terms


Bank Of China E10 Historical Data

* Premium members only.

The historical data trend for Bank Of China'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.

Bank Of China E10 Chart

Bank Of China 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 0.00 0.00 1.18 1.24

Bank Of China 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 1.33 1.33 1.37 1.24 1.27

MEX:3988N vs JPM, BAC, WFC: E10 Comparison

For the Banks - Diversified subindustry, Bank Of China'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.


Bank Of China Shiller PE Ratio vs Banks Industry

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

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


MEX:3988N
46GF Score
Bank Of China Ltd MEX:3988N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank Of China 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, Bank Of China'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)
=0.471/116.3033*116.3033
=0.471

Current CPI (Mar. 2026) = 116.3033.

Bank Of China Quarterly Data

per share eps CPI Adj_EPS
201606 0.449 101.400 0.515
201609 0.348 102.400 0.395
201612 0.298 102.600 0.338
201703 0.410 103.200 0.462
201706 0.531 103.100 0.599
201709 0.332 104.100 0.371
201712 0.268 104.500 0.298
201803 0.460 105.300 0.508
201806 0.638 104.900 0.707
201809 0.355 106.600 0.387
201812 0.257 106.500 0.281
201903 0.491 107.700 0.530
201906 0.585 107.700 0.632
201909 0.389 109.800 0.412
201912 0.242 111.200 0.253
202003 0.568 112.300 0.588
202006 0.489 110.400 0.515
202009 0.454 111.700 0.473
202012 0.456 111.500 0.476
202103 0.565 112.662 0.583
202106 0.558 111.769 0.581
202109 0.541 112.215 0.561
202112 0.548 113.108 0.563
202203 0.596 114.335 0.606
202206 0.541 114.558 0.549
202209 0.516 115.339 0.520
202212 0.475 115.116 0.480
202303 0.497 115.116 0.502
202306 0.431 114.558 0.438
202309 0.453 115.339 0.457
202312 0.452 114.781 0.458
202403 0.415 115.227 0.419
202406 0.455 114.781 0.461
202409 0.529 115.785 0.531
202412 0.573 114.893 0.580
202503 0.508 115.116 0.513
202506 0.472 114.907 0.478
202509 0.464 115.471 0.467
202512 0.486 115.832 0.488
202603 0.471 116.303 0.471

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 MXN1.27 mean?
Bank Of China (MEX:3988N) has a E10 of MXN1.27 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bank Of China and its competitors.
Is Bank Of China's E10 too high?
Bank Of China's current E10 is MXN1.27. Overall, Bank Of China has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank Of China's E10 compare to JPM and BAC?
Bank Of China's E10 of MXN1.27 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 Bank Of China and its competitors. Bank Of China's current E10 is MXN1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Of China stock overvalued right now?
Based on GuruFocus' analysis, Bank Of China (MEX:3988N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN10.56, compared to a current price of MXN11.76 — trading 11.4% above its estimated fair value. The current E10 is MXN1.27. Bank Of China's overall GF Score™ is 46/100 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 Bank Of China (MEX:3988N), the current E10 is MXN1.27 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 Bank Of China (MEX:3988N) Overvalued in 2026?

Based on GuruFocus' analysis, Bank Of China stock appears to be overvalued. The current stock price of MXN11.76 is trading 11.4% above its estimated GF Value™ of MXN10.56. GuruFocus considers Bank Of China to be Modestly Overvalued.

Key valuation signals for MEX:3988N:

  • E10: MXN1.27
  • GF Value™: MXN10.56 vs. price of MXN11.76 (11.4% above fair value)
  • GF Score™: 46/100 with 8 warning signs

No single metric tells the full story. See the MEX:3988N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank Of China Business Description

Address No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Founded in 1912 and headquartered in Beijing, Bank of China, or BOC, has evolved through multiple institutional mandates—from central bank to foreign exchange specialist to state-owned trade finance bank—before establishing its current universal banking model. The group was dual-listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across Greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%. BOC has the most extensive global reach among Chinese banks, with operations in 64 countries and regions.
46GF Score

Get the complete analysis for MEX:3988N

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

MXN11.76
Price
MXN10.56
GF Value