CIMB Group Holdings Bhd (XKLS:1023) E10: RM0.61 (As of Mar. 2026)

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XKLS:1023 CIMB Group Holdings Bhd XKLS:1023
61 GF Score
Price RM7.70
GF Value RM7.29
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is CIMB Group Holdings Bhd E10?

CIMB Group Holdings Bhd XKLS:1023 -0.13% 61 E10 is RM0.61 as of Mar. 2026. GuruFocus rates XKLS:1023 with a GF Score™ of 61/100 and a GF Value™ of RM7.29 (Fairly Valued). The stock has 6 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.

CIMB Group Holdings Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.177. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CIMB Group Holdings Bhd's average E10 Growth Rate was 7.00% per year. During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was 4.10% 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 CIMB Group Holdings Bhd was 5.60% per year. The lowest was -0.60% per year. And the median was 2.95% per year.

As of today (2026-07-17), CIMB Group Holdings Bhd's current stock price is RM7.70. CIMB Group Holdings Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.61. CIMB Group Holdings Bhd's Shiller PE Ratio of today is 12.62.

During the past 13 years, the highest Shiller PE Ratio of CIMB Group Holdings Bhd was 15.63. The lowest was 5.90. And the median was 10.45.


CIMB Group Holdings Bhd  (XKLS:1023) 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.

CIMB Group Holdings Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.70/0.61
=12.62

* 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 CIMB Group Holdings Bhd was 15.63. The lowest was 5.90. And the median was 10.45.


Be Aware

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


CIMB Group Holdings Bhd E10 Related Terms


CIMB Group Holdings Bhd E10 Historical Data

* Premium members only.

The historical data trend for CIMB Group Holdings Bhd'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.

CIMB Group Holdings Bhd E10 Chart

CIMB Group Holdings Bhd 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 0.51 0.51 0.52 0.56 0.60

CIMB Group Holdings Bhd 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 0.57 0.58 0.60 0.60 0.61

CIMB Group Holdings Bhd E10 Competitor Comparison

For the Banks - Regional subindustry, CIMB Group Holdings Bhd'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.


CIMB Group Holdings Bhd Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, CIMB Group Holdings Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CIMB Group Holdings Bhd's Shiller PE Ratio falls into.


XKLS:1023
61GF Score
CIMB Group Holdings Bhd XKLS:1023
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIMB Group Holdings Bhd 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, CIMB Group Holdings Bhd'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)
=0.177/330.2130*330.2130
=0.177

Current CPI (Mar. 2026) = 330.2130.

CIMB Group Holdings Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.101 241.018 0.138
201609 0.117 241.428 0.160
201612 0.096 241.432 0.131
201703 0.133 243.801 0.180
201706 0.123 244.955 0.166
201709 0.125 246.819 0.167
201712 0.116 246.524 0.155
201803 0.142 249.554 0.188
201806 0.213 251.989 0.279
201809 0.126 252.439 0.165
201812 0.117 251.233 0.154
201903 0.125 254.202 0.162
201906 0.156 256.143 0.201
201909 0.104 256.759 0.134
201912 0.086 256.974 0.111
202003 0.051 258.115 0.065
202006 0.028 257.797 0.036
202009 0.020 260.280 0.025
202012 0.022 260.474 0.028
202103 0.248 264.877 0.309
202106 0.108 271.696 0.131
202109 -0.011 274.310 -0.013
202112 0.084 278.802 0.099
202203 0.139 287.504 0.160
202206 0.123 296.311 0.137
202209 0.134 296.808 0.149
202212 0.125 296.797 0.139
202303 0.154 301.836 0.168
202306 0.166 305.109 0.180
202309 0.173 307.789 0.186
202312 0.160 306.746 0.172
202403 0.181 312.332 0.191
202406 0.183 314.175 0.192
202409 0.189 315.301 0.198
202412 0.167 315.605 0.175
202503 0.183 319.799 0.189
202506 0.176 322.561 0.180
202509 0.193 324.800 0.196
202512 0.178 324.054 0.181
202603 0.177 330.213 0.177

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 RM0.61 mean?
CIMB Group Holdings Bhd (XKLS:1023) has a E10 of RM0.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CIMB Group Holdings Bhd and its competitors.
Is CIMB Group Holdings Bhd's E10 too high?
CIMB Group Holdings Bhd's current E10 is RM0.61. Overall, CIMB Group Holdings Bhd has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CIMB Group Holdings Bhd's E10 compare to competitors?
CIMB Group Holdings Bhd's E10 of RM0.61 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 CIMB Group Holdings Bhd and its competitors. CIMB Group Holdings Bhd's current E10 is RM0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIMB Group Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CIMB Group Holdings Bhd (XKLS:1023) is currently considered Fairly Valued. The stock's GF Value™ is RM7.29, compared to a current price of RM7.70 — trading 5.6% above its estimated fair value. The current E10 is RM0.61. CIMB Group Holdings Bhd's overall GF Score™ is 61/100 with 6 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 CIMB Group Holdings Bhd (XKLS:1023), the current E10 is RM0.61 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 CIMB Group Holdings Bhd (XKLS:1023) Overvalued in 2026?

Based on GuruFocus' analysis, CIMB Group Holdings Bhd stock appears to be overvalued. The current stock price of RM7.70 is trading 5.6% above its estimated GF Value™ of RM7.29. GuruFocus considers CIMB Group Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:1023:

  • E10: RM0.61
  • GF Value™: RM7.29 vs. price of RM7.70 (5.6% above fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the XKLS:1023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIMB Group Holdings Bhd Business Description

Other Exchanges CIMDF:USA
Address Jalan Stesen Sentral 2, Level 13, Menara CIMB, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
CIMB Group Holdings Bhd is a full-service bank based mainly in Malaysia and other Southeast Asian countries. The bank's segment includes Consumer Banking, Commercial Banking, Wholesale Banking, and CIMB Digital Assets and Group Funding. The majority of the bank's income is derived from net interest income from Consumer Banking. Geographical presence is in Malaysia, Indonesia, Thailand, Singapore, United Kingdom, Hong Kong, China and others.
61GF Score

Get the complete analysis for XKLS:1023

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

RM7.70
Price
RM7.29
GF Value