Standard Chartered Bank Ghana (XGHA:SCB) E10: GHS3.50 (As of Mar. 2026)


XGHA:SCB Standard Chartered Bank Ghana PLC XGHA:SCB
71 GF Score
Price GHS71.00
GF Value GHS34.23
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Standard Chartered Bank Ghana E10?

Standard Chartered Bank Ghana XGHA:SCB 71 E10 is GHS3.50 as of Mar. 2026. GuruFocus rates XGHA:SCB with a GF Score™ of 71/100 and a GF Value™ of GHS34.23 (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.

Standard Chartered Bank Ghana's adjusted earnings per share data for the three months ended in Mar. 2026 was GHS1.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is GHS3.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Standard Chartered Bank Ghana's average E10 Growth Rate was 13.30% 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.

As of today (2026-06-29), Standard Chartered Bank Ghana's current stock price is GHS71.00. Standard Chartered Bank Ghana's E10 for the quarter that ended in Mar. 2026 was GHS3.50. Standard Chartered Bank Ghana's Shiller PE Ratio of today is 20.29.

During the past 13 years, the highest Shiller PE Ratio of Standard Chartered Bank Ghana was 23.42. The lowest was 7.69. And the median was 8.94.


Standard Chartered Bank Ghana  (XGHA:SCB) 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.

Standard Chartered Bank Ghana's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=71.00/3.50
=20.29

* 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 Standard Chartered Bank Ghana was 23.42. The lowest was 7.69. And the median was 8.94.


Be Aware

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


Standard Chartered Bank Ghana E10 Related Terms


Standard Chartered Bank Ghana E10 Historical Data

* Premium members only.

The historical data trend for Standard Chartered 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.

Standard Chartered Bank Ghana E10 Chart

Standard Chartered 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 2.99 3.39

Standard Chartered Bank Ghana 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 3.09 3.13 3.25 3.39 3.50

XGHA:SCB vs PNC: E10 Comparison

For the Banks - Regional subindustry, Standard Chartered 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.


Standard Chartered Bank Ghana Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Standard Chartered Bank Ghana's Shiller PE Ratio falls into.


XGHA:SCB
71GF Score
Standard Chartered Bank Ghana PLC XGHA:SCB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Standard Chartered 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, Standard Chartered Bank Ghana'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)
=1.3/330.2130*330.2130
=1.300

Current CPI (Mar. 2026) = 330.2130.

Standard Chartered Bank Ghana Quarterly Data

per share eps CPI Adj_EPS
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201703 0.101 243.801 0.137
201706 0.557 244.955 0.751
201709 0.540 246.819 0.722
201712 0.390 246.524 0.522
201803 0.590 249.554 0.781
201806 0.430 251.989 0.563
201809 0.270 252.439 0.353
201812 0.250 251.233 0.329
201903 0.640 254.202 0.831
201906 0.350 256.143 0.451
201909 0.500 256.759 0.643
201912 0.590 256.974 0.758
202003 0.810 258.115 1.036
202006 0.730 257.797 0.935
202009 1.000 260.280 1.269
202012 1.000 260.474 1.268
202103 0.850 264.877 1.060
202106 0.986 271.696 1.198
202109 1.010 274.310 1.216
202112 0.380 278.802 0.450
202203 1.400 287.504 1.608
202206 0.402 296.311 0.448
202209 -0.240 296.808 -0.267
202212 -3.791 296.797 -4.218
202303 2.210 301.836 2.418
202306 0.890 305.109 0.963
202309 0.830 307.789 0.890
202312 2.150 306.746 2.314
202403 1.400 312.332 1.480
202406 1.520 314.175 1.598
202409 1.340 315.301 1.403
202412 1.050 315.605 1.099
202503 1.310 319.799 1.353
202506 0.840 322.561 0.860
202509 1.620 324.800 1.647
202512 2.190 324.054 2.232
202603 1.300 330.213 1.300

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 GHS3.50 mean?
Standard Chartered Bank Ghana (XGHA:SCB) has a E10 of GHS3.50 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Standard Chartered Bank Ghana and its competitors.
Is Standard Chartered Bank Ghana's E10 too high?
Standard Chartered Bank Ghana's current E10 is GHS3.50. Overall, Standard Chartered Bank Ghana has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Chartered Bank Ghana's E10 compare to PNC?
Standard Chartered Bank Ghana's E10 of GHS3.50 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 Standard Chartered Bank Ghana and its competitors. Standard Chartered Bank Ghana's current E10 is GHS3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Chartered Bank Ghana stock overvalued right now?
Based on GuruFocus' analysis, Standard Chartered Bank Ghana (XGHA:SCB) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS34.23, compared to a current price of GHS71.00 — trading 107.4% above its estimated fair value. The current E10 is GHS3.50. Standard Chartered Bank Ghana's overall GF Score™ is 71/100 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 Standard Chartered Bank Ghana (XGHA:SCB), the current E10 is GHS3.50 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 Standard Chartered Bank Ghana (XGHA:SCB) Overvalued in 2026?

Based on GuruFocus' analysis, Standard Chartered Bank Ghana stock appears to be overvalued. The current stock price of GHS71.00 is trading 107.4% above its estimated GF Value™ of GHS34.23. GuruFocus considers Standard Chartered Bank Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:SCB:

  • E10: GHS3.50
  • GF Value™: GHS34.23 vs. price of GHS71.00 (107.4% above fair value)
  • GF Score™: 71/100 with 1 warning sign

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


Standard Chartered Bank Ghana Business Description

Address 87 Independence Avenue, P.O. Box 768, Standard Chartered Bank Building, Accra, GHA
Standard Chartered Bank Ghana PLC is a banking corporation registered in Ghana. It provides various banking services including personal banking, private banking, and business banking. The company manages its business into three segments namely, Corporate & Investment Banking, Wealth & Retail Banking, Ventures and Central & Other Items. The company's services include savings, loans, mortgages, credit cards, insurance, and investment opportunities for individual customers. It focuses on offering financial solutions to small-medium enterprises, corporates, and financial institutions. Geographically, it operates in Hong Kong, Korea, China, Singapore, UK, and U.S.
71GF Score

Get the complete analysis for XGHA:SCB

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

GHS71.00
Price
GHS34.23
GF Value