Republic Bank (Ghana) (XGHA:RBGH) E10: GHS0.13 (As of Dec. 2025)


XGHA:RBGH Republic Bank (Ghana) PLC XGHA:RBGH
49 GF Score
Price GHS3.93
GF Value GHS1.07
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Republic Bank (Ghana) E10?

Republic Bank (Ghana) XGHA:RBGH 49 E10 is GHS0.13 as of Dec. 2025. GuruFocus rates XGHA:RBGH with a GF Score™ of 49/100 and a GF Value™ of GHS1.07 (Significantly Overvalued). The stock has 1 warning sign 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.

Republic Bank (Ghana)'s adjusted earnings per share data for the three months ended in Dec. 2025 was GHS0.098. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is GHS0.13 for the trailing ten years ended in Dec. 2025.

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 (2026-07-13), Republic Bank (Ghana)'s current stock price is GHS3.93. Republic Bank (Ghana)'s E10 for the quarter that ended in Dec. 2025 was GHS0.13. Republic Bank (Ghana)'s Shiller PE Ratio of today is 30.23.

During the past 13 years, the highest Shiller PE Ratio of Republic Bank (Ghana) was 42.92. The lowest was 9.92. And the median was 12.69.


Republic Bank (Ghana)  (XGHA:RBGH) 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.

Republic Bank (Ghana)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.93/0.13
=30.23

* 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 Republic Bank (Ghana) was 42.92. The lowest was 9.92. And the median was 12.69.


Be Aware

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


Republic Bank (Ghana) E10 Related Terms


Republic Bank (Ghana) E10 Historical Data

* Premium members only.

The historical data trend for Republic Bank (Ghana)'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.

Republic Bank (Ghana) E10 Chart

Republic Bank (Ghana) 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 0.13

Republic Bank (Ghana) Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.12 0.13

XGHA:RBGH vs PNC: E10 Comparison

For the Banks - Regional subindustry, Republic Bank (Ghana)'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.


Republic Bank (Ghana) Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Republic Bank (Ghana)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Republic Bank (Ghana)'s Shiller PE Ratio falls into.


XGHA:RBGH
49GF Score
Republic Bank (Ghana) PLC XGHA:RBGH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Republic Bank (Ghana) 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, Republic Bank (Ghana)'s adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.098/324.0540*324.0540
=0.098

Current CPI (Dec. 2025) = 324.0540.

Republic Bank (Ghana) Quarterly Data

per share eps CPI Adj_EPS
201012 0.000 219.179 0.000
201112 0.000 225.672 0.000
201212 0.000 229.601 0.000
201312 0.000 233.049 0.000
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201712 0.000 246.524 0.000
201803 0.026 249.554 0.034
201806 0.013 251.989 0.017
201809 0.004 252.439 0.005
201812 0.003 251.233 0.004
201903 0.021 254.202 0.027
201906 0.026 256.143 0.033
201909 0.025 256.759 0.032
201912 0.022 256.974 0.028
202003 0.022 258.115 0.028
202006 0.008 257.797 0.010
202009 0.009 260.280 0.011
202012 0.027 260.474 0.034
202103 0.030 264.877 0.037
202106 0.024 271.696 0.029
202109 0.023 274.310 0.027
202112 0.027 278.802 0.031
202203 0.035 287.504 0.039
202206 0.019 296.311 0.021
202209 0.031 296.808 0.034
202212 -0.160 296.797 -0.175
202303 0.059 301.836 0.063
202306 0.044 305.109 0.047
202309 0.006 307.789 0.006
202312 0.056 306.746 0.059
202403 0.057 312.332 0.059
202406 0.057 314.175 0.059
202409 0.048 315.301 0.049
202412 0.075 315.605 0.077
202503 0.071 319.799 0.072
202506 0.074 322.561 0.074
202509 0.082 324.800 0.082
202512 0.098 324.054 0.098

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 GHS0.13 mean?
Republic Bank (Ghana) (XGHA:RBGH) has a E10 of GHS0.13 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Republic Bank (Ghana) and its competitors.
Is Republic Bank (Ghana)'s E10 too high?
Republic Bank (Ghana)'s current E10 is GHS0.13. Overall, Republic Bank (Ghana) has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Republic Bank (Ghana)'s E10 compare to PNC?
Republic Bank (Ghana)'s E10 of GHS0.13 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 Republic Bank (Ghana) and its competitors. Republic Bank (Ghana)'s current E10 is GHS0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Bank (Ghana) stock overvalued right now?
Based on GuruFocus' analysis, Republic Bank (Ghana) (XGHA:RBGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.07, compared to a current price of GHS3.93 — trading 267.3% above its estimated fair value. The current E10 is GHS0.13. Republic Bank (Ghana)'s overall GF Score™ is 49/100 with 1 warning sign 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 Republic Bank (Ghana) (XGHA:RBGH), the current E10 is GHS0.13 as of Dec. 2025. 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 Republic Bank (Ghana) (XGHA:RBGH) Overvalued in 2026?

Based on GuruFocus' analysis, Republic Bank (Ghana) stock appears to be overvalued. The current stock price of GHS3.93 is trading 267.3% above its estimated GF Value™ of GHS1.07. GuruFocus considers Republic Bank (Ghana) to be Significantly Overvalued.

Key valuation signals for XGHA:RBGH:

  • E10: GHS0.13
  • GF Value™: GHS1.07 vs. price of GHS3.93 (267.3% above fair value)
  • GF Score™: 49/100 with 1 warning sign

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


Republic Bank (Ghana) Business Description

Address No. 35, Sixth Avenue, North Ridge, P. O. Box CT 4603, Cantonments, Accra, GHA, 4603
Republic Bank (Ghana) PLC is engaged in investment banking, corporate banking, retail banking, mortgage banking, asset management services, and property management and development. The Group operates through four reporting segments: retail banking, which incorporates private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit, and consumer loans; mortgage banking, which incorporates mortgage services; corporate banking, which generates maximum revenue and incorporates direct debit facilities, current accounts, deposits, overdrafts, loans, and foreign currency; and microfinance banking, which incorporates savings accounts, deposits, loans, and other credit facilities.
49GF Score

Get the complete analysis for XGHA:RBGH

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

GHS3.93
Price
GHS1.07
GF Value