East West Banking (PHS:EW) E10: ₱3.11 (As of Mar. 2026)


PHS:EW East West Banking Corp PHS:EW
77 GF Score
Price ₱12.26
GF Value ₱13.63
Valuation Modestly Undervalued
! 2 Warning Signs
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What is East West Banking E10?

East West Banking PHS:EW -0.16% 77 E10 is ₱3.11 as of Mar. 2026. GuruFocus rates PHS:EW with a GF Score™ of 77/100 and a GF Value™ of ₱13.63 (Modestly Undervalued). The stock has 2 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.

East West Banking's adjusted earnings per share data for the three months ended in Mar. 2026 was ₱0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱3.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, East West Banking's average E10 Growth Rate was 13.50% per year. During the past 3 years, the average E10 Growth Rate was 10.50% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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 East West Banking was 10.50% per year. The lowest was 9.20% per year. And the median was 9.70% per year.

As of today (2026-06-24), East West Banking's current stock price is ₱12.26. East West Banking's E10 for the quarter that ended in Mar. 2026 was ₱3.11. East West Banking's Shiller PE Ratio of today is 3.94.

During the past 13 years, the highest Shiller PE Ratio of East West Banking was 6.25. The lowest was 2.65. And the median was 3.88.


East West Banking  (PHS:EW) 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.

East West Banking's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.26/3.11
=3.94

* 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 East West Banking was 6.25. The lowest was 2.65. And the median was 3.88.


Be Aware

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


East West Banking E10 Related Terms


East West Banking E10 Historical Data

* Premium members only.

The historical data trend for East West Banking'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.

East West Banking E10 Chart

East West Banking 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 2.05 2.24 2.43 2.67 3.02

East West Banking 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 2.74 2.84 2.95 3.02 3.11

East West Banking E10 Competitor Comparison

For the Banks - Regional subindustry, East West Banking'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.


East West Banking Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where East West Banking's Shiller PE Ratio falls into.


PHS:EW
77GF Score
East West Banking Corp PHS:EW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

East West Banking 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, East West Banking'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)
=0.82/330.2130*330.2130
=0.820

Current CPI (Mar. 2026) = 330.2130.

East West Banking Quarterly Data

per share eps CPI Adj_EPS
201606 0.345 241.018 0.473
201609 0.339 241.428 0.464
201612 0.477 241.432 0.652
201703 0.810 243.801 1.097
201706 0.574 244.955 0.774
201709 0.544 246.819 0.728
201712 0.589 246.524 0.789
201803 0.420 249.554 0.556
201806 0.569 251.989 0.746
201809 0.454 252.439 0.594
201812 0.560 251.233 0.736
201903 0.570 254.202 0.740
201906 0.628 256.143 0.810
201909 0.860 256.759 1.106
201912 0.710 256.974 0.912
202003 1.000 258.115 1.279
202006 0.980 257.797 1.255
202009 0.650 260.280 0.825
202012 0.260 260.474 0.330
202103 0.900 264.877 1.122
202106 0.790 271.696 0.960
202109 0.580 274.310 0.698
202112 -0.260 278.802 -0.308
202203 0.230 287.504 0.264
202206 0.450 296.311 0.501
202209 0.670 296.808 0.745
202212 0.710 296.797 0.790
202303 0.700 301.836 0.766
202306 0.770 305.109 0.833
202309 0.690 307.789 0.740
202312 0.540 306.746 0.581
202403 0.760 312.332 0.804
202406 0.790 314.175 0.830
202409 1.030 315.301 1.079
202412 0.800 315.605 0.837
202503 0.820 319.799 0.847
202506 1.020 322.561 1.044
202509 1.100 324.800 1.118
202512 1.160 324.054 1.182
202603 0.820 330.213 0.820

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 ₱3.11 mean?
East West Banking (PHS:EW) has a E10 of ₱3.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on East West Banking and its competitors.
Is East West Banking's E10 too high?
East West Banking's current E10 is ₱3.11. Overall, East West Banking has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does East West Banking's E10 compare to competitors?
East West Banking's E10 of ₱3.11 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 East West Banking and its competitors. East West Banking's current E10 is ₱3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East West Banking stock overvalued right now?
Based on GuruFocus' analysis, East West Banking (PHS:EW) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱13.63, compared to a current price of ₱12.26 — trading 10.1% below its estimated fair value. The current E10 is ₱3.11. East West Banking's overall GF Score™ is 77/100 with 2 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 East West Banking (PHS:EW), the current E10 is ₱3.11 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 East West Banking (PHS:EW) Overvalued in 2026?

Based on GuruFocus' analysis, East West Banking stock appears to be undervalued. The current stock price of ₱12.26 is trading 10.1% below its estimated GF Value™ of ₱13.63. GuruFocus considers East West Banking to be Modestly Undervalued.

Key valuation signals for PHS:EW:

  • E10: ₱3.11
  • GF Value™: ₱13.63 vs. price of ₱12.26 (10.1% below fair value)
  • GF Score™: 77/100 with 2 warning signs

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


East West Banking Business Description

Address 5th Avenue Corner, 23rd Street, The Beaufort, Fort Bonifacio Global City, Taguig, PHL, 1634
East West Banking Corporation is a commercial bank providing financial services in the Philippines. The bank generates all revenue domestically. The bank operates through four segments: the Retail banking segment offers traditional branch banking products and services such as deposits, back-to-back/emerging market loans, and other over-the-counter (OTC) transactions, the Corporate banking segment handles lending and trade financing for both large corporations and middle-market clients, the Consumer banking segment caters to loans for individuals, and Treasury and Trust segment consists of treasury and trust operations of the Group. The company derives a majority of its revenue from the Consumer banking segment.
77GF Score

Get the complete analysis for PHS:EW

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

₱12.26
Price
₱13.63
GF Value