SFST (Southern First Bancshares) E10: $3.66 (As of Jun. 2026)

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SFST Southern First Bancshares Inc SFST
59 GF Score
Price $63.39
GF Value $50.34
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Southern First Bancshares E10?

Southern First Bancshares SFST -0.66% 59 E10 is $3.66 as of Jun. 2026. GuruFocus rates SFST with a GF Score™ of 59/100 and a GF Value™ of $50.34 (Modestly 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.

Southern First Bancshares's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.66 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Southern First Bancshares's average E10 Growth Rate was 10.20% per year. During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was 12.40% per year. During the past 10 years, the average E10 Growth Rate was 19.30% 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 Southern First Bancshares was 28.60% per year. The lowest was 5.60% per year. And the median was 12.70% per year.

As of today (2026-08-09), Southern First Bancshares's current stock price is $63.39. Southern First Bancshares's E10 for the quarter that ended in Jun. 2026 was $3.66. Southern First Bancshares's Shiller PE Ratio of today is 17.32.

During the past 13 years, the highest Shiller PE Ratio of Southern First Bancshares was 50.38. The lowest was 7.36. And the median was 18.50.


Southern First Bancshares  (NAS:SFST) 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.

Southern First Bancshares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=63.39/3.66
=17.32

* 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 Southern First Bancshares was 50.38. The lowest was 7.36. And the median was 18.50.


Be Aware

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


Southern First Bancshares E10 Related Terms


Southern First Bancshares E10 Historical Data

* Premium members only.

The historical data trend for Southern First Bancshares'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.

Southern First Bancshares E10 Chart

Southern First Bancshares 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 2.49 2.93 3.06 3.20 3.45

Southern First Bancshares 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 3.32 3.40 3.45 3.57 3.66

SFST vs UNTY, BWB, CBNK: E10 Comparison

For the Banks - Regional subindustry, Southern First Bancshares'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.


Southern First Bancshares Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Southern First Bancshares's Shiller PE Ratio falls into.


SFST
59GF Score
Southern First Bancshares Inc SFST
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern First Bancshares 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, Southern First Bancshares'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)
=1.2/333.9520*333.9520
=1.200

Current CPI (Jun. 2026) = 333.9520.

Southern First Bancshares Quarterly Data

per share eps CPI Adj_EPS
201609 0.510 241.428 0.705
201612 0.490 241.432 0.678
201703 0.460 243.801 0.630
201706 0.490 244.955 0.668
201709 0.550 246.819 0.744
201712 0.260 246.524 0.352
201803 0.670 249.554 0.897
201806 0.710 251.989 0.941
201809 0.750 252.439 0.992
201812 0.750 251.233 0.997
201903 0.780 254.202 1.025
201906 0.930 256.143 1.213
201909 0.950 256.759 1.236
201912 0.920 256.974 1.196
202003 0.360 258.115 0.466
202006 0.600 257.797 0.777
202009 0.280 260.280 0.359
202012 1.100 260.474 1.410
202103 1.310 264.877 1.652
202106 1.290 271.696 1.586
202109 1.750 274.310 2.130
202112 1.490 278.802 1.785
202203 0.980 287.504 1.138
202206 0.900 296.311 1.014
202209 1.040 296.808 1.170
202212 0.680 296.797 0.765
202303 0.330 301.836 0.365
202306 0.310 305.109 0.339
202309 0.510 307.789 0.553
202312 0.510 306.746 0.555
202403 0.310 312.332 0.331
202406 0.370 314.175 0.393
202409 0.540 315.301 0.572
202412 0.700 315.605 0.741
202503 0.650 319.799 0.679
202506 0.810 322.561 0.839
202509 1.070 324.800 1.100
202512 1.210 324.054 1.247
202603 1.190 330.213 1.203
202606 1.200 333.952 1.200

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 $3.66 mean?
Southern First Bancshares (SFST) has a E10 of $3.66 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Southern First Bancshares and its competitors.
Is Southern First Bancshares' E10 too high?
Southern First Bancshares' current E10 is $3.66. Overall, Southern First Bancshares has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern First Bancshares' E10 compare to UNTY and BWB?
Southern First Bancshares' E10 of $3.66 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 Southern First Bancshares and its competitors. Southern First Bancshares's current E10 is $3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern First Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Southern First Bancshares (SFST) is currently considered Modestly Overvalued. The stock's GF Value™ is $50.34, compared to a current price of $63.39 — trading 25.9% above its estimated fair value. The current E10 is $3.66. Southern First Bancshares' overall GF Score™ is 59/100 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 Southern First Bancshares (SFST), the current E10 is $3.66 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 Southern First Bancshares (SFST) Overvalued in 2026?

Based on GuruFocus' analysis, Southern First Bancshares stock appears to be overvalued. The current stock price of $63.39 is trading 25.9% above its estimated GF Value™ of $50.34. GuruFocus considers Southern First Bancshares to be Modestly Overvalued.

Key valuation signals for SFST:

  • E10: $3.66
  • GF Value™: $50.34 vs. price of $63.39 (25.9% above fair value)
  • GF Score™: 59/100 with 5 warning signs

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


Southern First Bancshares Business Description

Address 6 Verdae Boulevard, Greenville, SC, USA, 29607
Southern First Bancshares Inc is a bank holding company. Through its banking subsidiary, it is engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corporation (the FDIC), and providing commercial, consumer, and mortgage loans, ATM processing, and other banking products and services to the general public. The group operates through various retail offices located in the Greenville, Columbia, and Charleston markets of South Carolina, three retail offices in the Raleigh, Greensboro, and Charlotte markets of North Carolina, and one retail office in Atlanta, Georgia.
59GF Score

Get the complete analysis for SFST

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

$63.39
Price
$50.34
GF Value