RBL Bank (NSE:RBLBANK) E10: ₹14.82 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RBLBANK RBL Bank Ltd NSE:RBLBANK
62 GF Score
Price ₹379.95
GF Value ₹237.07
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is RBL Bank E10?

RBL Bank NSE:RBLBANK +1.19% 62 E10 is ₹14.82 as of Jun. 2026. GuruFocus rates NSE:RBLBANK with a GF Score™ of 62/100 and a GF Value™ of ₹237.07 (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.

RBL Bank's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹3.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹14.82 for the trailing ten years ended in Jun. 2026.

During the past 12 months, RBL Bank's average E10 Growth Rate was 3.20% 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.

As of today (2026-08-04), RBL Bank's current stock price is ₹379.95. RBL Bank's E10 for the quarter that ended in Jun. 2026 was ₹14.82. RBL Bank's Shiller PE Ratio of today is 25.64.

During the past 13 years, the highest Shiller PE Ratio of RBL Bank was 25.72. The lowest was 17.54. And the median was 21.12.


RBL Bank  (NSE:RBLBANK) 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.

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

Shiller PE Ratio=Share Price/E10
=379.95/14.82
=25.64

* 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 RBL Bank was 25.72. The lowest was 17.54. And the median was 21.12.


Be Aware

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


RBL Bank E10 Related Terms


RBL Bank E10 Historical Data

* Premium members only.

The historical data trend for RBL 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.

RBL Bank E10 Chart

RBL 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 0.00 0.00 0.00 0.00 14.73

RBL Bank 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 14.36 14.52 14.61 14.73 14.82

RBL Bank E10 Competitor Comparison

For the Banks - Regional subindustry, RBL 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.


RBL Bank Shiller PE Ratio vs Banks Industry

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

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


NSE:RBLBANK
62GF Score
RBL Bank Ltd NSE:RBLBANK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RBL 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, RBL Bank'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)
=3.08/166.1454*166.1454
=3.080

Current CPI (Jun. 2026) = 166.1454.

RBL Bank Quarterly Data

per share eps CPI Adj_EPS
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201509 2.210 101.753 3.609
201603 0.000 102.518 0.000
201609 2.440 105.961 3.826
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 4.550 111.317 6.791
201809 4.910 115.142 7.085
201812 5.120 115.142 7.388
201903 5.250 118.202 7.379
201906 6.070 120.880 8.343
201909 1.240 123.175 1.673
201912 1.480 126.235 1.948
202003 2.180 124.705 2.904
202006 3.030 127.000 3.964
202009 2.980 130.118 3.805
202012 2.620 130.889 3.326
202103 1.080 131.771 1.362
202106 -7.730 134.084 -9.578
202109 0.160 135.847 0.196
202112 2.020 138.161 2.429
202203 2.760 138.822 3.303
202206 3.480 142.347 4.062
202209 3.120 144.661 3.583
202212 3.730 145.763 4.252
202303 4.930 146.865 5.577
202306 5.300 150.280 5.860
202309 5.430 151.492 5.955
202312 3.990 152.924 4.335
202403 5.890 153.035 6.395
202406 5.700 155.789 6.079
202409 3.770 157.882 3.967
202412 0.780 158.323 0.819
202503 1.430 157.552 1.508
202506 3.490 159.755 3.630
202509 3.110 162.289 3.184
202512 3.650 163.281 3.714
202603 3.900 164.272 3.944
202606 3.080 166.145 3.080

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 ₹14.82 mean?
RBL Bank (NSE:RBLBANK) has a E10 of ₹14.82 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on RBL Bank and its competitors.
Is RBL Bank's E10 too high?
RBL Bank's current E10 is ₹14.82. Overall, RBL Bank has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RBL Bank's E10 compare to competitors?
RBL Bank's E10 of ₹14.82 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 RBL Bank and its competitors. RBL Bank's current E10 is ₹14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RBL Bank stock overvalued right now?
Based on GuruFocus' analysis, RBL Bank (NSE:RBLBANK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹237.07, compared to a current price of ₹379.95 — trading 60.3% above its estimated fair value. The current E10 is ₹14.82. RBL Bank's overall GF Score™ is 62/100 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 RBL Bank (NSE:RBLBANK), the current E10 is ₹14.82 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 RBL Bank (NSE:RBLBANK) Overvalued in 2026?

Based on GuruFocus' analysis, RBL Bank stock appears to be overvalued. The current stock price of ₹379.95 is trading 60.3% above its estimated GF Value™ of ₹237.07. GuruFocus considers RBL Bank to be Significantly Overvalued.

Key valuation signals for NSE:RBLBANK:

  • E10: ₹14.82
  • GF Value™: ₹237.07 vs. price of ₹379.95 (60.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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


RBL Bank Business Description

Other Exchanges 540065:India
Address 841, Senapati Bapat Marg, One world Centre, Tower 2B, 6th Floor, Lower Parel (West), Mumbai, MH, IND, 400013
RBL Bank Ltd is an Indian commercial bank. Its segments include Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. The Treasury segment includes investments and all financial markets activities undertaken on behalf of the Bank's customers, proprietary trading, bullion business, maintenance of reserve requirements, and Other; Retail Banking segment includes lending, deposits, credit cards and other banking services provided to retail customers of the bank; Corporate/Wholesale Banking segment includes lending, deposits, and other banking services provided to corporate customers of the Bank and other banking operations; Other Banking Operations Includes para banking activities like Bancassurance, etc. It generates maximum revenue from the Retail Banking.
62GF Score

Get the complete analysis for NSE:RBLBANK

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

₹379.95
Price
₹237.07
GF Value