Komercni Banka AS (STU:KONN) E10: €5.15 (As of Mar. 2026)


STU:KONN Komercni Banka AS STU:KONN
58 GF Score
Price €40.62
GF Value €35.13
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Komercni Banka AS E10?

Komercni Banka AS STU:KONN +0.79% 58 E10 is €5.15 as of Mar. 2026. GuruFocus rates STU:KONN with a GF Score™ of 58/100 and a GF Value™ of €35.13 (Modestly Overvalued). The stock has 4 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.

Komercni Banka AS's adjusted earnings per share data for the three months ended in Mar. 2026 was €3.474. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Komercni Banka AS's average E10 Growth Rate was 10.10% per year. During the past 3 years, the average E10 Growth Rate was 9.60% per year. During the past 5 years, the average E10 Growth Rate was 7.70% 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 Komercni Banka AS was 9.60% per year. The lowest was 2.90% per year. And the median was 5.90% per year.

As of today (2026-07-04), Komercni Banka AS's current stock price is €40.62. Komercni Banka AS's E10 for the quarter that ended in Mar. 2026 was €5.15. Komercni Banka AS's Shiller PE Ratio of today is 7.89.

During the past 13 years, the highest Shiller PE Ratio of Komercni Banka AS was 11.02. The lowest was 5.52. And the median was 8.01.


Komercni Banka AS  (STU:KONN) 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.

Komercni Banka AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=40.62/5.15
=7.89

* 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 Komercni Banka AS was 11.02. The lowest was 5.52. And the median was 8.01.


Be Aware

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


Komercni Banka AS E10 Related Terms


Komercni Banka AS E10 Historical Data

* Premium members only.

The historical data trend for Komercni Banka AS'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.

Komercni Banka AS E10 Chart

Komercni Banka AS 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 3.54 3.91 3.95 4.26 5.05

Komercni Banka AS 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 4.59 4.61 4.78 5.05 5.15

STU:KONN vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Komercni Banka AS'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.


Komercni Banka AS Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Komercni Banka AS's Shiller PE Ratio falls into.


STU:KONN
58GF Score
Komercni Banka AS STU:KONN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Komercni Banka AS 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, Komercni Banka AS'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)
=3.474/330.2130*330.2130
=3.474

Current CPI (Mar. 2026) = 330.2130.

Komercni Banka AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.743 241.018 1.018
201609 0.772 241.428 1.056
201612 0.596 241.432 0.815
201703 0.799 243.801 1.082
201706 0.729 244.955 0.983
201709 0.716 246.819 0.958
201712 0.765 246.524 1.025
201803 2.499 249.554 3.307
201806 0.771 251.989 1.010
201809 -1.341 252.439 -1.754
201812 2.992 251.233 3.933
201903 0.655 254.202 0.851
201906 0.835 256.143 1.076
201909 0.787 256.759 1.012
201912 0.797 256.974 1.024
202003 0.530 258.115 0.678
202006 0.353 257.797 0.452
202009 0.326 260.280 0.414
202012 0.417 260.474 0.529
202103 0.404 264.877 0.504
202106 0.651 271.696 0.791
202109 0.716 274.310 0.862
202112 0.875 278.802 1.036
202203 0.744 287.504 0.855
202206 1.030 296.311 1.148
202209 1.005 296.808 1.118
202212 1.010 296.797 1.124
202303 0.796 301.836 0.871
202306 1.012 305.109 1.095
202309 0.927 307.789 0.995
202312 0.705 306.746 0.759
202403 0.587 312.332 0.621
202406 0.756 314.175 0.795
202409 1.308 315.301 1.370
202412 3.963 315.605 4.146
202503 3.546 319.799 3.661
202506 0.985 322.561 1.008
202509 1.038 324.800 1.055
202512 3.905 324.054 3.979
202603 3.474 330.213 3.474

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 €5.15 mean?
Komercni Banka AS (STU:KONN) has a E10 of €5.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Komercni Banka AS and its competitors.
Is Komercni Banka AS's E10 too high?
Komercni Banka AS's current E10 is €5.15. Overall, Komercni Banka AS has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Komercni Banka AS's E10 compare to PNC and USB?
Komercni Banka AS's E10 of €5.15 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 Komercni Banka AS and its competitors. Komercni Banka AS's current E10 is €5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komercni Banka AS stock overvalued right now?
Based on GuruFocus' analysis, Komercni Banka AS (STU:KONN) is currently considered Modestly Overvalued. The stock's GF Value™ is €35.13, compared to a current price of €40.62 — trading 15.6% above its estimated fair value. The current E10 is €5.15. Komercni Banka AS's overall GF Score™ is 58/100 with 4 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 Komercni Banka AS (STU:KONN), the current E10 is €5.15 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 Komercni Banka AS (STU:KONN) Overvalued in 2026?

Based on GuruFocus' analysis, Komercni Banka AS stock appears to be overvalued. The current stock price of €40.62 is trading 15.6% above its estimated GF Value™ of €35.13. GuruFocus considers Komercni Banka AS to be Modestly Overvalued.

Key valuation signals for STU:KONN:

  • E10: €5.15
  • GF Value™: €35.13 vs. price of €40.62 (15.6% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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


Komercni Banka AS Business Description

Address Na Prikope 33 cp. 969, P.O. BOX 839, Prague 1, CZE, 114 07
Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by other specialized services, including pension insurance, building savings, leasing, factoring, consumer loans, insurance, and services of fintech companies. The Group has the following operating segments: i) Retail Banking: includes the provision of products and services to individuals, ii) Corporate Banking: includes the provision of products and services to corporate entities, iii) Investment Banking: involves trading in financial instruments; and iv) Other: consists of the head office of the Bank. The majority of the revenue is derived from the Retail banking segment.
58GF Score

Get the complete analysis for STU:KONN

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

€40.62
Price
€35.13
GF Value