Karnataka Bank (NSE:KTKBANK) E10: ₹27.79 (As of Mar. 2026)


NSE:KTKBANK Karnataka Bank Ltd NSE:KTKBANK
57 GF Score
Price ₹268.60
GF Value ₹195.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Karnataka Bank E10?

Karnataka Bank NSE:KTKBANK +1.13% 57 E10 is ₹27.79 as of Mar. 2026. GuruFocus rates NSE:KTKBANK with a GF Score™ of 57/100 and a GF Value™ of ₹195.10 (Significantly Overvalued). The stock has 7 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.

Karnataka Bank's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹10.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹27.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Karnataka Bank's average E10 Growth Rate was 6.80% per year. During the past 3 years, the average E10 Growth Rate was 8.30% per year. During the past 5 years, the average E10 Growth Rate was 8.80% 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 Karnataka Bank was 10.30% per year. The lowest was 6.40% per year. And the median was 9.00% per year.

As of today (2026-06-30), Karnataka Bank's current stock price is ₹268.60. Karnataka Bank's E10 for the quarter that ended in Mar. 2026 was ₹27.79. Karnataka Bank's Shiller PE Ratio of today is 9.67.

During the past 13 years, the highest Shiller PE Ratio of Karnataka Bank was 11.16. The lowest was 1.90. And the median was 6.58.


Karnataka Bank  (NSE:KTKBANK) 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.

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

Shiller PE Ratio=Share Price/E10
=268.60/27.79
=9.67

* 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 Karnataka Bank was 11.16. The lowest was 1.90. And the median was 6.58.


Be Aware

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


Karnataka Bank E10 Related Terms


Karnataka Bank E10 Historical Data

* Premium members only.

The historical data trend for Karnataka Bank'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.

Karnataka Bank E10 Chart

Karnataka Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.41 21.83 24.84 26.07 27.79

Karnataka Bank 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 26.07 26.47 27.07 27.33 27.79

Karnataka Bank E10 Competitor Comparison

For the Banks - Regional subindustry, Karnataka Bank'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.


Karnataka Bank Shiller PE Ratio vs Banks Industry

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

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


NSE:KTKBANK
57GF Score
Karnataka Bank Ltd NSE:KTKBANK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karnataka Bank 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, Karnataka Bank'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)
=10.78/164.2724*164.2724
=10.780

Current CPI (Mar. 2026) = 164.2724.

Karnataka Bank Quarterly Data

per share eps CPI Adj_EPS
201606 5.236 105.961 8.117
201609 5.336 105.961 8.272
201612 2.927 105.196 4.571
201703 4.455 105.196 6.957
201706 4.309 107.109 6.609
201709 3.000 109.021 4.520
201712 2.809 109.404 4.218
201803 0.355 109.786 0.531
201806 5.255 111.317 7.755
201809 3.600 115.142 5.136
201812 4.518 115.142 6.446
201903 1.059 118.202 1.472
201906 5.630 120.880 7.651
201909 3.410 123.175 4.548
201912 3.960 126.235 5.153
202003 0.880 124.705 1.159
202006 6.320 127.000 8.175
202009 3.840 130.118 4.848
202012 4.350 130.889 5.459
202103 0.980 131.771 1.222
202106 3.390 134.084 4.153
202109 4.020 135.847 4.861
202112 4.690 138.161 5.576
202203 4.190 138.822 4.958
202206 3.650 142.347 4.212
202209 13.170 144.661 14.955
202212 9.600 145.763 10.819
202303 11.240 146.865 12.572
202306 11.800 150.280 12.899
202309 10.500 151.492 11.386
202312 9.750 152.924 10.474
202403 7.690 153.035 8.255
202406 10.570 155.789 11.146
202409 8.880 157.882 9.239
202412 7.490 158.323 7.771
202503 6.670 157.552 6.955
202506 7.720 159.755 7.938
202509 8.430 162.289 8.533
202512 7.680 163.281 7.727
202603 10.780 164.272 10.780

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 ₹27.79 mean?
Karnataka Bank (NSE:KTKBANK) has a E10 of ₹27.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Karnataka Bank and its competitors.
Is Karnataka Bank's E10 too high?
Karnataka Bank's current E10 is ₹27.79. Overall, Karnataka Bank has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karnataka Bank's E10 compare to competitors?
Karnataka Bank's E10 of ₹27.79 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 Karnataka Bank and its competitors. Karnataka Bank's current E10 is ₹27.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnataka Bank stock overvalued right now?
Based on GuruFocus' analysis, Karnataka Bank (NSE:KTKBANK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹195.10, compared to a current price of ₹268.60 — trading 37.7% above its estimated fair value. The current E10 is ₹27.79. Karnataka Bank's overall GF Score™ is 57/100 with 7 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 Karnataka Bank (NSE:KTKBANK), the current E10 is ₹27.79 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 Karnataka Bank (NSE:KTKBANK) Overvalued in 2026?

Based on GuruFocus' analysis, Karnataka Bank stock appears to be overvalued. The current stock price of ₹268.60 is trading 37.7% above its estimated GF Value™ of ₹195.10. GuruFocus considers Karnataka Bank to be Significantly Overvalued.

Key valuation signals for NSE:KTKBANK:

  • E10: ₹27.79
  • GF Value™: ₹195.10 vs. price of ₹268.60 (37.7% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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


Karnataka Bank Business Description

Other Exchanges 532652:India
Address Mahaveera Circle, Post Box No. 599, Kankanady, Mangaluru, KA, IND, 575 002
Karnataka Bank Ltd is an Indian banking company. Its operating segment includes Treasury operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It generates maximum revenue from the Retail Banking segment. Geographically, it operates only in India. The company's products and services include savings accounts, certificates of deposits, cash management accounts, money market accounts, loans and advances, and others.
57GF Score

Get the complete analysis for NSE:KTKBANK

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

₹268.60
Price
₹195.10
GF Value