Philippine Business Bank (PHS:PBB) E10: ₱1.97 (As of Mar. 2026)


PHS:PBB Philippine Business Bank PHS:PBB
63 GF Score
Price ₱7.06
GF Value ₱8.68
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Philippine Business Bank E10?

Philippine Business Bank PHS:PBB -1.53% 63 E10 is ₱1.97 as of Mar. 2026. GuruFocus rates PHS:PBB with a GF Score™ of 63/100 and a GF Value™ of ₱8.68 (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.

Philippine Business Bank's adjusted earnings per share data for the three months ended in Mar. 2026 was ₱0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱1.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Philippine Business Bank's average E10 Growth Rate was 6.50% per year. During the past 3 years, the average E10 Growth Rate was 8.40% 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 Philippine Business Bank was 8.40% per year. The lowest was -16.30% per year. And the median was -3.95% per year.

As of today (2026-06-24), Philippine Business Bank's current stock price is ₱7.06. Philippine Business Bank's E10 for the quarter that ended in Mar. 2026 was ₱1.97. Philippine Business Bank's Shiller PE Ratio of today is 3.58.

During the past 13 years, the highest Shiller PE Ratio of Philippine Business Bank was 31.88. The lowest was 2.26. And the median was 4.81.


Philippine Business Bank  (PHS:PBB) 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.

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

Shiller PE Ratio=Share Price/E10
=7.06/1.97
=3.58

* 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 Philippine Business Bank was 31.88. The lowest was 2.26. And the median was 4.81.


Be Aware

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


Philippine Business Bank E10 Related Terms


Philippine Business Bank E10 Historical Data

* Premium members only.

The historical data trend for Philippine Business 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.

Philippine Business Bank E10 Chart

Philippine Business Bank 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 3.04 1.53 1.61 1.78 1.95

Philippine Business 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 1.85 1.89 1.91 1.95 1.97

PHS:PBB vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Philippine Business 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.


Philippine Business Bank Shiller PE Ratio vs Banks Industry

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

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


PHS:PBB
63GF Score
Philippine Business Bank PHS:PBB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Philippine Business 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, Philippine Business 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)
=0.26/330.2130*330.2130
=0.260

Current CPI (Mar. 2026) = 330.2130.

Philippine Business Bank Quarterly Data

per share eps CPI Adj_EPS
201606 0.276 241.018 0.378
201609 0.513 241.428 0.702
201612 -0.120 241.432 -0.164
201703 0.250 243.801 0.339
201706 0.281 244.955 0.379
201709 0.160 246.819 0.214
201712 0.310 246.524 0.415
201803 0.280 249.554 0.370
201806 0.259 251.989 0.339
201809 0.407 252.439 0.532
201812 0.380 251.233 0.499
201903 0.390 254.202 0.507
201906 0.509 256.143 0.656
201909 0.692 256.759 0.890
201912 0.050 256.974 0.064
202003 0.610 258.115 0.780
202006 0.622 257.797 0.797
202009 0.779 260.280 0.988
202012 -0.550 260.474 -0.697
202103 0.200 264.877 0.249
202106 0.565 271.696 0.687
202109 0.435 274.310 0.524
202112 0.560 278.802 0.663
202203 0.380 287.504 0.436
202206 0.482 296.311 0.537
202209 0.476 296.808 0.530
202212 0.598 296.797 0.665
202303 0.660 301.836 0.722
202306 0.465 305.109 0.503
202309 0.338 307.789 0.363
202312 0.880 306.746 0.947
202403 0.620 312.332 0.655
202406 0.636 314.175 0.668
202409 0.938 315.301 0.982
202412 -0.020 315.605 -0.021
202503 0.720 319.799 0.743
202506 0.581 322.561 0.595
202509 0.559 324.800 0.568
202512 0.460 324.054 0.469
202603 0.260 330.213 0.260

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 ₱1.97 mean?
Philippine Business Bank (PHS:PBB) has a E10 of ₱1.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Philippine Business Bank and its competitors.
Is Philippine Business Bank's E10 too high?
Philippine Business Bank's current E10 is ₱1.97. Overall, Philippine Business Bank has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Philippine Business Bank's E10 compare to PNC and USB?
Philippine Business Bank's E10 of ₱1.97 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 Philippine Business Bank and its competitors. Philippine Business Bank's current E10 is ₱1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine Business Bank stock overvalued right now?
Based on GuruFocus' analysis, Philippine Business Bank (PHS:PBB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱8.68, compared to a current price of ₱7.06 — trading 18.7% below its estimated fair value. The current E10 is ₱1.97. Philippine Business Bank's overall GF Score™ is 63/100 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 Philippine Business Bank (PHS:PBB), the current E10 is ₱1.97 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 Philippine Business Bank (PHS:PBB) Overvalued in 2026?

Based on GuruFocus' analysis, Philippine Business Bank stock appears to be undervalued. The current stock price of ₱7.06 is trading 18.7% below its estimated GF Value™ of ₱8.68. GuruFocus considers Philippine Business Bank to be Modestly Undervalued.

Key valuation signals for PHS:PBB:

  • E10: ₱1.97
  • GF Value™: ₱8.68 vs. price of ₱7.06 (18.7% below fair value)
  • GF Score™: 63/100 with 2 warning signs

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


Philippine Business Bank Business Description

Address 350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400
Philippine Business Bank engages in the business of thrift banking. The company provides banking and financial services including cash management, retail and corporate lending, deposit products, international trade finance, treasury, and trust products. The company's predominant operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; and Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities. The majority of its revenue comes from the Corporate Banking segment.
63GF Score

Get the complete analysis for PHS:PBB

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

₱7.06
Price
₱8.68
GF Value