Equity Group Holdings (NAI:EQTY) E10: KES10.73 (As of Mar. 2026)


NAI:EQTY Equity Group Holdings Ltd NAI:EQTY
86 GF Score
Price KES82.50
GF Value KES56.44
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Equity Group Holdings E10?

Equity Group Holdings NAI:EQTY +3.13% 86 E10 is KES10.73 as of Mar. 2026. GuruFocus rates NAI:EQTY with a GF Score™ of 86/100 and a GF Value™ of KES56.44 (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.

Equity Group Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was KES4.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KES10.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Equity Group Holdings's average E10 Growth Rate was 18.00% per year. During the past 3 years, the average E10 Growth Rate was 13.50% per year. During the past 5 years, the average E10 Growth Rate was 15.20% 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 Equity Group Holdings was 16.70% per year. The lowest was 13.50% per year. And the median was 14.30% per year.

As of today (2026-07-02), Equity Group Holdings's current stock price is KES82.50. Equity Group Holdings's E10 for the quarter that ended in Mar. 2026 was KES10.73. Equity Group Holdings's Shiller PE Ratio of today is 7.69.

During the past 13 years, the highest Shiller PE Ratio of Equity Group Holdings was 10.03. The lowest was 4.28. And the median was 6.38.


Equity Group Holdings  (NAI:EQTY) 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.

Equity Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=82.50/10.73
=7.69

* 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 Equity Group Holdings was 10.03. The lowest was 4.28. And the median was 6.38.


Be Aware

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


Equity Group Holdings E10 Related Terms


Equity Group Holdings E10 Historical Data

* Premium members only.

The historical data trend for Equity Group Holdings'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.

Equity Group Holdings E10 Chart

Equity Group Holdings 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 5.85 7.01 7.89 8.74 10.24

Equity Group Holdings 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 9.09 9.50 9.91 10.24 10.73

Equity Group Holdings E10 Competitor Comparison

For the Banks - Regional subindustry, Equity Group Holdings'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.


Equity Group Holdings Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Equity Group Holdings's Shiller PE Ratio falls into.


NAI:EQTY
86GF Score
Equity Group Holdings Ltd NAI:EQTY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equity Group Holdings 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, Equity Group Holdings'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)
=4.86/330.2130*330.2130
=4.860

Current CPI (Mar. 2026) = 330.2130.

Equity Group Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 1.290 241.018 1.767
201609 1.300 241.428 1.778
201612 0.405 241.432 0.554
201703 1.280 243.801 1.734
201706 1.190 244.955 1.604
201709 1.400 246.819 1.873
201712 1.130 246.524 1.514
201803 1.550 249.554 2.051
201806 1.350 251.989 1.769
201809 1.270 252.439 1.661
201812 1.050 251.233 1.380
201903 1.640 254.202 2.130
201906 1.540 256.143 1.985
201909 1.410 256.759 1.813
201912 1.340 256.974 1.722
202003 1.410 258.115 1.804
202006 0.980 257.797 1.255
202009 1.540 260.280 1.954
202012 1.310 260.474 1.661
202103 2.290 264.877 2.855
202106 2.360 271.696 2.868
202109 2.330 274.310 2.805
202112 3.400 278.802 4.027
202203 3.060 287.504 3.515
202206 3.230 296.311 3.600
202209 2.550 296.808 2.837
202212 3.060 296.797 3.405
202303 3.260 301.836 3.566
202306 3.490 305.109 3.777
202309 2.420 307.789 2.596
202312 1.950 306.746 2.099
202403 4.080 312.332 4.314
202406 3.480 314.175 3.658
202409 2.850 315.301 2.985
202412 1.930 315.605 2.019
202503 3.920 319.799 4.048
202506 4.910 322.561 5.026
202509 4.980 324.800 5.063
202512 5.260 324.054 5.360
202603 4.860 330.213 4.860

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 KES10.73 mean?
Equity Group Holdings (NAI:EQTY) has a E10 of KES10.73 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Equity Group Holdings and its competitors.
Is Equity Group Holdings' E10 too high?
Equity Group Holdings' current E10 is KES10.73. Overall, Equity Group Holdings has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equity Group Holdings' E10 compare to competitors?
Equity Group Holdings' E10 of KES10.73 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 Equity Group Holdings and its competitors. Equity Group Holdings's current E10 is KES10.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equity Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Equity Group Holdings (NAI:EQTY) is currently considered Significantly Overvalued. The stock's GF Value™ is KES56.44, compared to a current price of KES82.50 — trading 46.2% above its estimated fair value. The current E10 is KES10.73. Equity Group Holdings' overall GF Score™ is 86/100 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 Equity Group Holdings (NAI:EQTY), the current E10 is KES10.73 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 Equity Group Holdings (NAI:EQTY) Overvalued in 2026?

Based on GuruFocus' analysis, Equity Group Holdings stock appears to be overvalued. The current stock price of KES82.50 is trading 46.2% above its estimated GF Value™ of KES56.44. GuruFocus considers Equity Group Holdings to be Significantly Overvalued.

Key valuation signals for NAI:EQTY:

  • E10: KES10.73
  • GF Value™: KES56.44 vs. price of KES82.50 (46.2% above fair value)
  • GF Score™: 86/100 with 5 warning signs

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


Equity Group Holdings Business Description

Address Hospital Road, Upper Hill, 9th Floor, P.O.Box 75104, Equity Centre, Nairobi, KEN, 00200
Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets: Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as pensions. The majority of the firm's revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loans, and Business loans.
86GF Score

Get the complete analysis for NAI:EQTY

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

KES82.50
Price
KES56.44
GF Value