Credicorp (MEX:BAPN) E10: MXN274.88 (As of Jun. 2026)

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MEX:BAPN Credicorp Ltd MEX:BAPN
76 GF Score
Price MXN6,430.49
GF Value MXN3,843.00
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Credicorp E10?

Credicorp MEX:BAPN 76 E10 is MXN274.88 as of Jun. 2026. GuruFocus rates MEX:BAPN with a GF Score™ of 76/100 and a GF Value™ of MXN3,843.00 (Significantly Overvalued). The stock has 4 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 Jun. 2026 was MXN127.046. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN274.88 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Credicorp's average E10 Growth Rate was 10.00% 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 25.70% per year. The lowest was 6.20% per year. And the median was 14.65% per year.

As of today (2026-09-04), Credicorp's current stock price is MXN6430.49. Credicorp's E10 for the quarter that ended in Jun. 2026 was MXN274.88. Credicorp's Shiller PE Ratio of today is 23.39.

During the past 13 years, the highest Shiller PE Ratio of Credicorp was 26.34. The lowest was 8.00. And the median was 13.65.


Credicorp  (MEX:BAPN) 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
=6430.49/274.88
=23.39

* 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 26.34. The lowest was 8.00. And the median was 13.65.


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 236.08 319.56 225.61 328.82 293.86

Credicorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 322.13 317.59 293.86 336.75 274.88

MEX:BAPN vs CFG, RF, FCNCA: 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.


MEX:BAPN
76GF Score
Credicorp Ltd MEX:BAPN
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 Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=127.046/333.9520*333.9520
=127.046

Current CPI (Jun. 2026) = 333.9520.

Credicorp Quarterly Data

per share eps CPI Adj_EPS
201609 60.525 241.428 83.720
201612 57.018 241.432 78.868
201703 56.662 243.801 77.614
201706 58.644 244.955 79.951
201709 77.600 246.819 104.995
201712 67.792 246.524 91.834
201803 66.122 249.554 88.484
201806 62.303 251.989 82.568
201809 64.432 252.439 85.237
201812 61.170 251.233 81.310
201903 70.333 254.202 92.398
201906 69.994 256.143 91.256
201909 69.641 256.759 90.578
201912 61.982 256.974 80.549
202003 13.333 258.115 17.250
202006 -39.704 257.797 -51.433
202009 6.695 260.280 8.590
202012 41.784 260.474 53.571
202103 42.078 264.877 53.051
202106 44.703 271.696 54.946
202109 74.371 274.310 90.541
202112 67.588 278.802 80.958
202203 74.890 287.504 86.989
202206 73.025 296.311 82.302
202209 84.528 296.808 95.106
202212 64.545 296.797 72.625
202303 88.492 301.836 97.908
202306 89.535 305.109 97.999
202309 79.114 307.789 85.839
202312 53.814 306.746 58.587
202403 96.660 312.332 103.351
202406 85.375 314.175 90.749
202409 97.485 315.301 103.252
202412 72.081 315.605 76.271
202503 113.826 319.799 118.863
202506 116.374 322.561 120.484
202509 111.326 324.800 114.463
202512 101.616 324.054 104.720
202603 131.969 330.213 133.463
202606 127.046 333.952 127.046

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 MXN274.88 mean?
Credicorp (MEX:BAPN) has a E10 of MXN274.88 as of Jun. 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 MXN274.88. Overall, Credicorp has a GF Score™ of 76/100 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 MXN274.88 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 MXN274.88. 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 (MEX:BAPN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN3,843.00, compared to a current price of MXN6,430.49 — trading 67.3% above its estimated fair value. The current E10 is MXN274.88. Credicorp's overall GF Score™ is 76/100 with 4 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 (MEX:BAPN), the current E10 is MXN274.88 as of Jun. 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 (MEX:BAPN) Overvalued in 2026?

Based on GuruFocus' analysis, Credicorp stock appears to be overvalued. The current stock price of MXN6,430.49 is trading 67.3% above its estimated GF Value™ of MXN3,843.00. GuruFocus considers Credicorp to be Significantly Overvalued.

Key valuation signals for MEX:BAPN:

  • E10: MXN274.88
  • GF Value™: MXN3,843.00 vs. price of MXN6,430.49 (67.3% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the MEX:BAPN 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.
76GF Score

Get the complete analysis for MEX:BAPN

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

MXN6,430.49
Price
MXN3,843.00
GF Value