Vietnam Technological and Commercial Joint Stock bank (STC:TCB) E10: ₫2,685.60 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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.

STC:TCB Vietnam Technological and Commercial Joint Stock bank STC:TCB
80 GF Score
Price ₫31,350.00
GF Value ₫30,911.08
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Vietnam Technological and Commercial Joint Stock bank E10?

Vietnam Technological and Commercial Joint Stock bank STC:TCB +5.56% 80 E10 is ₫2,685.60 as of Jun. 2026. GuruFocus rates STC:TCB with a GF Score™ of 80/100 and a GF Value™ of ₫30,911.08 (Fairly Valued). The stock has 3 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.

Vietnam Technological and Commercial Joint Stock bank's adjusted earnings per share data for the three months ended in Jun. 2026 was ₫1,037.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫2,685.60 for the trailing ten years ended in Jun. 2026.

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 (2026-08-11), Vietnam Technological and Commercial Joint Stock bank's current stock price is ₫31350.00. Vietnam Technological and Commercial Joint Stock bank's E10 for the quarter that ended in Jun. 2026 was ₫2,685.60. Vietnam Technological and Commercial Joint Stock bank's Shiller PE Ratio of today is 11.67.

During the past 11 years, the highest Shiller PE Ratio of Vietnam Technological and Commercial Joint Stock bank was 12.51. The lowest was 10.65. And the median was 11.39.


Vietnam Technological and Commercial Joint Stock bank  (STC:TCB) 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.

Vietnam Technological and Commercial Joint Stock bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31350.00/2685.60
=11.67

* 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 11 years, the highest Shiller P/E Ratio of Vietnam Technological and Commercial Joint Stock bank was 12.51. The lowest was 10.65. And the median was 11.39.


Be Aware

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


Vietnam Technological and Commercial Joint Stock bank E10 Related Terms


Vietnam Technological and Commercial Joint Stock bank E10 Historical Data

* Premium members only.

The historical data trend for Vietnam Technological and Commercial Joint Stock 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.

Vietnam Technological and Commercial Joint Stock bank E10 Chart

Vietnam Technological and Commercial Joint Stock 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 0.00 0.00 0.00 0.00 0.00

Vietnam Technological and Commercial Joint Stock 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 0.00 0.00 0.00 0.00 2,685.60

Vietnam Technological and Commercial Joint Stock bank E10 Competitor Comparison

For the Banks - Regional subindustry, Vietnam Technological and Commercial Joint Stock 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.


Vietnam Technological and Commercial Joint Stock bank Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Vietnam Technological and Commercial Joint Stock bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vietnam Technological and Commercial Joint Stock bank's Shiller PE Ratio falls into.


STC:TCB
80GF Score
Vietnam Technological and Commercial Joint Stock bank STC:TCB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietnam Technological and Commercial Joint Stock 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, Vietnam Technological and Commercial Joint Stock 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)
=1037.23/333.9520*333.9520
=1,037.230

Current CPI (Jun. 2026) = 333.9520.

Vietnam Technological and Commercial Joint Stock bank Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201703 198.861 243.801 272.394
201706 211.188 244.955 287.917
201709 320.302 246.819 433.376
201712 479.670 246.524 649.782
201803 293.004 249.554 392.097
201806 300.399 251.989 398.108
201809 294.497 252.439 389.591
201812 319.386 251.233 424.545
201903 297.836 254.202 391.275
201906 344.455 256.143 449.091
201909 365.245 256.759 475.054
201912 428.161 256.974 556.419
202003 350.828 258.115 453.905
202006 402.395 257.797 521.265
202009 442.699 260.280 568.005
202012 560.671 260.474 718.833
202103 627.225 264.877 790.794
202106 672.076 271.696 826.074
202109 617.731 274.310 752.041
202112 650.656 278.802 779.363
202203 783.929 287.504 910.577
202206 826.498 296.311 931.490
202209 753.143 296.808 847.395
202212 498.370 296.797 560.759
202303 639.265 301.836 707.284
202306 633.317 305.109 693.187
202309 655.762 307.789 711.504
202312 630.077 306.746 685.960
202403 883.034 312.332 944.159
202406 879.112 314.175 934.451
202409 814.406 315.301 862.581
202412 477.160 315.605 504.899
202503 841.909 319.799 879.168
202506 884.288 322.561 915.516
202509 908.631 324.800 934.234
202512 942.046 324.054 970.820
202603 941.413 330.213 952.073
202606 1,037.230 333.952 1,037.230

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 ₫2,685.60 mean?
Vietnam Technological and Commercial Joint Stock bank (STC:TCB) has a E10 of ₫2,685.60 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vietnam Technological and Commercial Joint Stock bank and its competitors.
Is Vietnam Technological and Commercial Joint Stock bank's E10 too high?
Vietnam Technological and Commercial Joint Stock bank's current E10 is ₫2,685.60. Overall, Vietnam Technological and Commercial Joint Stock bank has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Technological and Commercial Joint Stock bank's E10 compare to competitors?
Vietnam Technological and Commercial Joint Stock bank's E10 of ₫2,685.60 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 Vietnam Technological and Commercial Joint Stock bank and its competitors. Vietnam Technological and Commercial Joint Stock bank's current E10 is ₫2,685.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Technological and Commercial Joint Stock bank stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Technological and Commercial Joint Stock bank (STC:TCB) is currently considered Fairly Valued. The stock's GF Value™ is ₫30,911.08, compared to a current price of ₫31,350.00 — trading 1.4% above its estimated fair value. The current E10 is ₫2,685.60. Vietnam Technological and Commercial Joint Stock bank's overall GF Score™ is 80/100 with 3 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 Vietnam Technological and Commercial Joint Stock bank (STC:TCB), the current E10 is ₫2,685.60 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 Vietnam Technological and Commercial Joint Stock bank (STC:TCB) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Technological and Commercial Joint Stock bank stock appears to be overvalued. The current stock price of ₫31,350.00 is trading 1.4% above its estimated GF Value™ of ₫30,911.08. GuruFocus considers Vietnam Technological and Commercial Joint Stock bank to be Fairly Valued.

Key valuation signals for STC:TCB:

  • E10: ₫2,685.60
  • GF Value™: ₫30,911.08 vs. price of ₫31,350.00 (1.4% above fair value)
  • GF Score™: 80/100 with 3 warning signs

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


Vietnam Technological and Commercial Joint Stock bank Business Description

Address 06 Quang Trung, Techcombank Tower, Cua Nam Ward, Hanoi, VNM
Vietnam Technological and Commercial Joint Stock bank The principal activities of the Bank are mobilizing and receiving short, medium and long-term deposit funds from organizations and individuals; lending on short, medium and long-term basis; conducting settlement and cash services and other banking services as approved by the SBV; conducting investments in subsidiaries, associates, joint-ventures and other companies; conducting investments in bonds and dealing in foreign exchange as per regulations.
80GF Score

Get the complete analysis for STC:TCB

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

₫31,350.00
Price
₫30,911.08
GF Value