Oversea-Chinese Banking (STU:OCBA) E10: €0.94 (As of Mar. 2026)


STU:OCBA Oversea-Chinese Banking Corp Ltd STU:OCBA
63 GF Score
Price €17.10
GF Value €11.30
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Oversea-Chinese Banking E10?

Oversea-Chinese Banking STU:OCBA +0.29% 63 E10 is €0.94 as of Mar. 2026. GuruFocus rates STU:OCBA with a GF Score™ of 63/100 and a GF Value™ of €11.30 (Significantly Overvalued). The stock has 7 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.

Oversea-Chinese Banking's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.297. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Oversea-Chinese Banking's average E10 Growth Rate was 6.90% per year. During the past 3 years, the average E10 Growth Rate was 6.40% per year. During the past 5 years, the average E10 Growth Rate was 6.20% 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 Oversea-Chinese Banking was 6.90% per year. The lowest was 4.40% per year. And the median was 5.80% per year.

As of today (2026-06-26), Oversea-Chinese Banking's current stock price is €17.10. Oversea-Chinese Banking's E10 for the quarter that ended in Mar. 2026 was €0.94. Oversea-Chinese Banking's Shiller PE Ratio of today is 18.19.

During the past 13 years, the highest Shiller PE Ratio of Oversea-Chinese Banking was 17.82. The lowest was 8.51. And the median was 11.49.


Oversea-Chinese Banking  (STU:OCBA) 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.

Oversea-Chinese Banking's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.10/0.94
=18.19

* 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 Oversea-Chinese Banking was 17.82. The lowest was 8.51. And the median was 11.49.


Be Aware

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


Oversea-Chinese Banking E10 Related Terms


Oversea-Chinese Banking E10 Historical Data

* Premium members only.

The historical data trend for Oversea-Chinese 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.

Oversea-Chinese Banking E10 Chart

Oversea-Chinese 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 0.71 0.79 0.83 0.90 0.90

Oversea-Chinese 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 0.90 0.88 0.88 0.90 0.94

STU:OCBA vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Oversea-Chinese 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.


Oversea-Chinese Banking Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Oversea-Chinese Banking's Shiller PE Ratio falls into.


STU:OCBA
63GF Score
Oversea-Chinese Banking Corp Ltd STU:OCBA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oversea-Chinese 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, Oversea-Chinese 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)
=0.297/330.2130*330.2130
=0.297

Current CPI (Mar. 2026) = 330.2130.

Oversea-Chinese Banking Quarterly Data

per share eps CPI Adj_EPS
201606 0.138 241.018 0.189
201609 0.146 241.428 0.200
201612 0.121 241.432 0.165
201703 0.135 243.801 0.183
201706 0.157 244.955 0.212
201709 0.163 246.819 0.218
201712 0.151 246.524 0.202
201803 0.162 249.554 0.214
201806 0.183 251.989 0.240
201809 0.184 252.439 0.241
201812 0.139 251.233 0.183
201903 0.190 254.202 0.247
201906 0.186 256.143 0.240
201909 0.179 256.759 0.230
201912 0.187 256.974 0.240
202003 0.101 258.115 0.129
202006 0.106 257.797 0.136
202009 0.145 260.280 0.184
202012 0.156 260.474 0.198
202103 0.210 264.877 0.262
202106 0.160 271.696 0.194
202109 0.194 274.310 0.234
202112 0.036 278.802 0.043
202203 0.202 287.504 0.232
202206 0.188 296.311 0.210
202209 0.291 296.808 0.324
202212 0.085 296.797 0.095
202303 0.291 301.836 0.318
202306 0.261 305.109 0.282
202309 0.277 307.789 0.297
202312 0.238 306.746 0.256
202403 0.303 312.332 0.320
202406 0.297 314.175 0.312
202409 0.305 315.301 0.319
202412 0.265 315.605 0.277
202503 0.290 319.799 0.299
202506 0.273 322.561 0.279
202509 0.292 324.800 0.297
202512 0.257 324.054 0.262
202603 0.297 330.213 0.297

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 €0.94 mean?
Oversea-Chinese Banking (STU:OCBA) has a E10 of €0.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Oversea-Chinese Banking and its competitors.
Is Oversea-Chinese Banking's E10 too high?
Oversea-Chinese Banking's current E10 is €0.94. Overall, Oversea-Chinese Banking has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oversea-Chinese Banking's E10 compare to PNC and USB?
Oversea-Chinese Banking's E10 of €0.94 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 Oversea-Chinese Banking and its competitors. Oversea-Chinese Banking's current E10 is €0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oversea-Chinese Banking stock overvalued right now?
Based on GuruFocus' analysis, Oversea-Chinese Banking (STU:OCBA) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.30, compared to a current price of €17.10 — trading 51.3% above its estimated fair value. The current E10 is €0.94. Oversea-Chinese Banking's overall GF Score™ is 63/100 with 7 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 Oversea-Chinese Banking (STU:OCBA), the current E10 is €0.94 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 Oversea-Chinese Banking (STU:OCBA) Overvalued in 2026?

Based on GuruFocus' analysis, Oversea-Chinese Banking stock appears to be overvalued. The current stock price of €17.10 is trading 51.3% above its estimated GF Value™ of €11.30. GuruFocus considers Oversea-Chinese Banking to be Significantly Overvalued.

Key valuation signals for STU:OCBA:

  • E10: €0.94
  • GF Value™: €11.30 vs. price of €17.10 (51.3% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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


Oversea-Chinese Banking Business Description

Address 63 Chulia Street, No. 10-00 OCBC Centre East, Singapore, SGP, 049514
Oversea-Chinese Banking Corp. is the longest-established Singapore bank, founded by the merger of three local banks in 1932. OCBC's operations include consumer banking, wealth management, and private banking (in part through its Bank of Singapore subsidiary), small- to medium-sized enterprise and business banking, corporate and institutional banking, and insurance through majority-owned Great Eastern Holdings.
63GF Score

Get the complete analysis for STU:OCBA

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

€17.10
Price
€11.30
GF Value