Banco BPM SpA (MEX:BAMIN) E10: MXN16.33 (As of Dec. 2025)


MEX:BAMIN Banco BPM SpA MEX:BAMIN
49 GF Score
Price MXN188.16
GF Value MXN83.53
! 6 Warning Signs
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What is Banco BPM SpA E10?

Banco BPM SpA MEX:BAMIN 49 E10 is MXN16.33 as of Dec. 2025. GuruFocus rates MEX:BAMIN with a GF Score™ of 49/100 and a GF Value™ of MXN83.53. 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.

Banco BPM SpA's adjusted earnings per share data for the three months ended in Dec. 2025 was MXN5.852. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN16.33 for the trailing ten years ended in Dec. 2025.

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 Banco BPM SpA was -13.00% per year. The lowest was -38.70% per year. And the median was -25.85% per year.

As of today (2026-06-26), Banco BPM SpA's current stock price is MXN188.16. Banco BPM SpA's E10 for the quarter that ended in Dec. 2025 was MXN16.33. Banco BPM SpA's Shiller PE Ratio of today is 11.52.

During the past 13 years, the highest Shiller PE Ratio of Banco BPM SpA was 13.90. The lowest was 9.95. And the median was 11.65.


Banco BPM SpA  (MEX:BAMIN) 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.

Banco BPM SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=188.16/16.33
=11.52

* 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 Banco BPM SpA was 13.90. The lowest was 9.95. And the median was 11.65.


Be Aware

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


Banco BPM SpA E10 Related Terms


Banco BPM SpA E10 Historical Data

* Premium members only.

The historical data trend for Banco BPM SpA'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.

Banco BPM SpA E10 Chart

Banco BPM SpA 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 0.00 16.33

Banco BPM SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 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 -11.07 -10.63 15.23 16.33 0.00

Banco BPM SpA E10 Competitor Comparison

For the Banks - Regional subindustry, Banco BPM SpA'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.


Banco BPM SpA Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Banco BPM SpA's Shiller PE Ratio falls into.


MEX:BAMIN
49GF Score
Banco BPM SpA MEX:BAMIN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco BPM SpA 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, Banco BPM SpA's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=5.852/122.6000*122.6000
=5.852

Current CPI (Dec. 2025) = 122.6000.

Banco BPM SpA Quarterly Data

per share eps CPI Adj_EPS
201206 7.399 98.605 9.200
201209 -4.373 99.070 -5.412
201212 -48.315 99.070 -59.790
201303 185.772 99.535 228.821
201306 0.000 99.814 0.000
201309 0.519 100.000 0.636
201312 -44.141 99.721 -54.268
201403 -4.274 99.907 -5.245
201406 0.901 100.093 1.104
201409 -4.529 99.814 -5.563
201412 -67.982 99.721 -83.579
201503 20.944 99.814 25.725
201506 3.043 100.279 3.720
201509 2.204 100.000 2.702
201512 3.080 99.814 3.783
201606 0.000 99.900 0.000
201612 0.000 100.300 0.000
201706 0.000 101.100 0.000
201712 0.000 101.200 0.000
201806 0.000 102.400 0.000
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202006 0.000 102.900 0.000
202012 -3.875 102.600 -4.630
202106 0.000 104.200 0.000
202112 1.489 106.600 1.712
202206 0.000 112.500 0.000
202209 1.800 114.200 1.932
202212 2.705 119.000 2.787
202306 0.000 119.700 0.000
202309 3.931 120.300 4.006
202312 3.940 119.700 4.035
202403 4.431 120.200 4.519
202406 5.017 120.700 5.096
202412 3.266 121.200 3.304
202503 7.510 122.500 7.516
202506 10.217 122.700 10.209
202509 6.449 123.100 6.423
202512 5.852 122.600 5.852

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 MXN16.33 mean?
Banco BPM SpA (MEX:BAMIN) has a E10 of MXN16.33 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Banco BPM SpA and its competitors.
Is Banco BPM SpA's E10 too high?
Banco BPM SpA's current E10 is MXN16.33. Overall, Banco BPM SpA has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Banco BPM SpA's E10 compare to competitors?
Banco BPM SpA's E10 of MXN16.33 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 Banco BPM SpA and its competitors. Banco BPM SpA's current E10 is MXN16.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BPM SpA stock overvalued right now?
Banco BPM SpA (MEX:BAMIN) has a current E10 of MXN16.33. The stock's GF Value™ is MXN83.53, compared to a current price of MXN188.16 — trading 125.3% above its estimated fair value. The current E10 is MXN16.33. Banco BPM SpA's overall GF Score™ is 49/100 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 Banco BPM SpA (MEX:BAMIN), the current E10 is MXN16.33 as of Dec. 2025. 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 Banco BPM SpA (MEX:BAMIN) Overvalued in 2026?

Based on GuruFocus' analysis, Banco BPM SpA stock appears to be overvalued. The current stock price of MXN188.16 is trading 125.3% above its estimated GF Value™ of MXN83.53.

Key valuation signals for MEX:BAMIN:

  • E10: MXN16.33
  • GF Value™: MXN83.53 vs. price of MXN188.16 (125.3% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Banco BPM SpA Business Description

Address Piazza F. Meda, Milan, ITA, 20121
Banco BPM SpA is a financial services provider. It offers services including retail banking, corporate banking and private and investment banking/asset management.
49GF Score

Get the complete analysis for MEX:BAMIN

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

MXN188.16
Price
MXN83.53
GF Value