TSBK (Timberland Bancorp) E10: $3.36 (As of Mar. 2026)


TSBK Timberland Bancorp Inc TSBK
68 GF Score
Price $44.33
GF Value $35.40
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Timberland Bancorp E10?

Timberland Bancorp TSBK -0.85% 68 E10 is $3.36 as of Mar. 2026. GuruFocus rates TSBK with a GF Score™ of 68/100 and a GF Value™ of $35.40 (Modestly 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.

Timberland Bancorp's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Timberland Bancorp's average E10 Growth Rate was 9.40% per year. During the past 3 years, the average E10 Growth Rate was 11.60% per year. During the past 5 years, the average E10 Growth Rate was 15.80% per year. During the past 10 years, the average E10 Growth Rate was 22.10% 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 Timberland Bancorp was 32.50% per year. The lowest was -10.60% per year. And the median was 8.95% per year.

As of today (2026-06-25), Timberland Bancorp's current stock price is $44.33. Timberland Bancorp's E10 for the quarter that ended in Mar. 2026 was $3.36. Timberland Bancorp's Shiller PE Ratio of today is 13.19.

During the past 13 years, the highest Shiller PE Ratio of Timberland Bancorp was 51.86. The lowest was 8.72. And the median was 14.40.


Timberland Bancorp  (NAS:TSBK) 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.

Timberland Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.33/3.36
=13.19

* 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 Timberland Bancorp was 51.86. The lowest was 8.72. And the median was 14.40.


Be Aware

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


Timberland Bancorp E10 Related Terms


Timberland Bancorp E10 Historical Data

* Premium members only.

The historical data trend for Timberland Bancorp'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.

Timberland Bancorp E10 Chart

Timberland Bancorp Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.31 2.65 2.91 3.21

Timberland Bancorp 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 3.07 3.14 3.21 3.26 3.36

TSBK vs CZFS, MFGI, COSO: E10 Comparison

For the Banks - Regional subindustry, Timberland Bancorp'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.


Timberland Bancorp Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Timberland Bancorp's Shiller PE Ratio falls into.


TSBK
68GF Score
Timberland Bancorp Inc TSBK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Timberland Bancorp 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, Timberland Bancorp'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)
=0.9/330.2130*330.2130
=0.900

Current CPI (Mar. 2026) = 330.2130.

Timberland Bancorp Quarterly Data

per share eps CPI Adj_EPS
201606 0.360 241.018 0.493
201609 0.380 241.428 0.520
201612 0.430 241.432 0.588
201703 0.420 243.801 0.569
201706 0.580 244.955 0.782
201709 0.480 246.819 0.642
201712 0.480 246.524 0.643
201803 0.570 249.554 0.754
201806 0.590 251.989 0.773
201809 0.590 252.439 0.772
201812 0.660 251.233 0.867
201903 0.720 254.202 0.935
201906 0.700 256.143 0.902
201909 0.750 256.759 0.965
201912 0.780 256.974 1.002
202003 0.600 258.115 0.768
202006 0.740 257.797 0.948
202009 0.760 260.280 0.964
202012 0.870 260.474 1.103
202103 0.860 264.877 1.072
202106 0.830 271.696 1.009
202109 0.710 274.310 0.855
202112 0.650 278.802 0.770
202203 0.630 287.504 0.724
202206 0.690 296.311 0.769
202209 0.850 296.808 0.946
202212 0.900 296.797 1.001
202303 0.800 301.836 0.875
202306 0.770 305.109 0.833
202309 0.810 307.789 0.869
202312 0.770 306.746 0.829
202403 0.700 312.332 0.740
202406 0.740 314.175 0.778
202409 0.790 315.301 0.827
202412 0.860 315.605 0.900
202503 0.850 319.799 0.878
202506 0.900 322.561 0.921
202509 1.070 324.800 1.088
202512 1.040 324.054 1.060
202603 0.900 330.213 0.900

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 $3.36 mean?
Timberland Bancorp (TSBK) has a E10 of $3.36 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Timberland Bancorp and its competitors.
Is Timberland Bancorp's E10 too high?
Timberland Bancorp's current E10 is $3.36. Overall, Timberland Bancorp has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Timberland Bancorp's E10 compare to CZFS and MFGI?
Timberland Bancorp's E10 of $3.36 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 Timberland Bancorp and its competitors. Timberland Bancorp's current E10 is $3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Timberland Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Timberland Bancorp (TSBK) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.40, compared to a current price of $44.33 — trading 25.2% above its estimated fair value. The current E10 is $3.36. Timberland Bancorp's overall GF Score™ is 68/100 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 Timberland Bancorp (TSBK), the current E10 is $3.36 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 Timberland Bancorp (TSBK) Overvalued in 2026?

Based on GuruFocus' analysis, Timberland Bancorp stock appears to be overvalued. The current stock price of $44.33 is trading 25.2% above its estimated GF Value™ of $35.40. GuruFocus considers Timberland Bancorp to be Modestly Overvalued.

Key valuation signals for TSBK:

  • E10: $3.36
  • GF Value™: $35.40 vs. price of $44.33 (25.2% above fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Timberland Bancorp Business Description

Address 624 Simpson Avenue, Hoquiam, WA, USA, 98550
Timberland Bancorp Inc is a bank holding company for Timberland Bank. The bank offers banking services including personal checking and savings accounts, debit cards, health savings accounts, online and mobile banking, online bill pay, 24-hour phone banking, and Zelle. Business services include business checking accounts, online banking, remote deposit, ACH transactions, Autobooks, and insured cash sweep services. The bank also provides lending services such as personal credit cards, home loans, home equity borrowing, construction loans, and SBA loans. In addition, it offers loans to real estate, including residential and commercial real estate, multi-family construction loans, one- to four-family residential loans, multi-family loans, commercial real estate loans, and land loans.
68GF Score

Get the complete analysis for TSBK

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

$44.33
Price
$35.40
GF Value