BNP Paribas (XSWX:BNP) E10: CHF5.45 (As of Mar. 2026)


XSWX:BNP BNP Paribas XSWX:BNP
64 GF Score
Price CHF92.68
GF Value CHF49.94
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is BNP Paribas E10?

BNP Paribas XSWX:BNP 64 E10 is CHF5.45 as of Mar. 2026. GuruFocus rates XSWX:BNP with a GF Score™ of 64/100 and a GF Value™ of CHF49.94 (Significantly Overvalued). 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.

BNP Paribas's adjusted earnings per share data for the three months ended in Mar. 2026 was CHF2.662. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF5.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BNP Paribas's average E10 Growth Rate was 7.00% per year. During the past 3 years, the average E10 Growth Rate was 11.40% per year. During the past 5 years, the average E10 Growth Rate was 10.50% 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 BNP Paribas was 12.00% per year. The lowest was 2.20% per year. And the median was 8.80% per year.

As of today (2026-07-01), BNP Paribas's current stock price is CHF92.68. BNP Paribas's E10 for the quarter that ended in Mar. 2026 was CHF5.45. BNP Paribas's Shiller PE Ratio of today is 17.01.

During the past 13 years, the highest Shiller PE Ratio of BNP Paribas was 12.78. The lowest was 5.03. And the median was 9.63.


BNP Paribas  (XSWX:BNP) 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.

BNP Paribas's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=92.68/5.45
=17.01

* 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 BNP Paribas was 12.78. The lowest was 5.03. And the median was 9.63.


Be Aware

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


BNP Paribas E10 Related Terms


BNP Paribas E10 Historical Data

* Premium members only.

The historical data trend for BNP Paribas'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.

BNP Paribas E10 Chart

BNP Paribas 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 4.75 5.90 5.58 6.85 5.38

BNP Paribas 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 5.36 5.47 5.45 5.38 5.45

BNP Paribas E10 Competitor Comparison

For the Banks - Regional subindustry, BNP Paribas'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.


BNP Paribas Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where BNP Paribas's Shiller PE Ratio falls into.


XSWX:BNP
64GF Score
BNP Paribas XSWX:BNP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNP Paribas 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, BNP Paribas'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)
=2.662/120.9000*120.9000
=2.662

Current CPI (Mar. 2026) = 120.9000.

BNP Paribas Quarterly Data

per share eps CPI Adj_EPS
201606 2.222 100.630 2.670
201609 1.656 100.340 1.995
201612 1.161 100.650 1.395
201703 1.542 101.170 1.843
201706 2.014 101.320 2.403
201709 1.881 101.330 2.244
201712 1.377 101.850 1.635
201803 1.379 102.750 1.623
201806 2.128 103.370 2.489
201809 1.923 103.560 2.245
201812 0.972 103.470 1.136
201903 1.651 103.890 1.921
201906 2.110 104.580 2.439
201909 1.696 104.500 1.962
201912 1.243 104.980 1.431
202003 0.986 104.590 1.140
202006 1.877 104.790 2.166
202009 1.636 104.550 1.892
202012 0.997 104.960 1.148
202103 1.450 105.750 1.658
202106 2.461 106.340 2.798
202109 2.176 106.810 2.463
202112 1.578 107.850 1.769
202203 1.566 110.490 1.714
202206 2.277 112.550 2.446
202209 2.168 112.740 2.325
202212 1.254 114.160 1.328
202303 2.552 116.790 2.642
202306 3.062 117.650 3.147
202309 2.184 118.260 2.233
202312 0.322 118.390 0.329
202403 2.424 119.470 2.453
202406 2.702 120.200 2.718
202409 2.387 119.560 2.414
202412 1.221 119.950 1.231
202503 2.496 120.380 2.507
202506 2.419 121.360 2.410
202509 2.544 120.950 2.543
202512 2.521 120.900 2.521
202603 2.662 120.900 2.662

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 CHF5.45 mean?
BNP Paribas (XSWX:BNP) has a E10 of CHF5.45 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BNP Paribas and its competitors.
Is BNP Paribas' E10 too high?
BNP Paribas' current E10 is CHF5.45. Overall, BNP Paribas has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNP Paribas' E10 compare to competitors?
BNP Paribas' E10 of CHF5.45 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 BNP Paribas and its competitors. BNP Paribas's current E10 is CHF5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNP Paribas stock overvalued right now?
Based on GuruFocus' analysis, BNP Paribas (XSWX:BNP) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF49.94, compared to a current price of CHF92.68 — trading 85.6% above its estimated fair value. The current E10 is CHF5.45. BNP Paribas' overall GF Score™ is 64/100 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 BNP Paribas (XSWX:BNP), the current E10 is CHF5.45 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 BNP Paribas (XSWX:BNP) Overvalued in 2026?

Based on GuruFocus' analysis, BNP Paribas stock appears to be overvalued. The current stock price of CHF92.68 is trading 85.6% above its estimated GF Value™ of CHF49.94. GuruFocus considers BNP Paribas to be Significantly Overvalued.

Key valuation signals for XSWX:BNP:

  • E10: CHF5.45
  • GF Value™: CHF49.94 vs. price of CHF92.68 (85.6% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


BNP Paribas Business Description

Address 16, Boulevard Des Italiens, Paris, FRA, 75009
The merger of Banque Nationale de Paris and Paribas created BNP Paribas in 2000, making it the largest publicly traded bank in France. Although BNP Paribas has operations in about 80 countries, it considers France, Italy, and Belgium to be its home markets.
64GF Score

Get the complete analysis for XSWX:BNP

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

CHF92.68
Price
CHF49.94
GF Value