Erste Group Bank AG. (XTER:EBO) E10: €5.74 (As of Jun. 2026)

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XTER:EBO Erste Group Bank AG. XTER:EBO
70 GF Score
Price €118.30
GF Value €85.16
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Erste Group Bank AG. E10?

Erste Group Bank AG. XTER:EBO -1.25% 70 E10 is €5.74 as of Jun. 2026. GuruFocus rates XTER:EBO with a GF Score™ of 70/100 and a GF Value™ of €85.16 (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.

Erste Group Bank AG.'s adjusted earnings per share data for the three months ended in Jun. 2026 was €2.483. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.74 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Erste Group Bank AG.'s average E10 Growth Rate was 13.00% per year. During the past 3 years, the average E10 Growth Rate was 28.00% per year. During the past 5 years, the average E10 Growth Rate was 33.20% 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 Erste Group Bank AG. was 38.70% per year. The lowest was 10.30% per year. And the median was 26.25% per year.

As of today (2026-09-15), Erste Group Bank AG.'s current stock price is €118.30. Erste Group Bank AG.'s E10 for the quarter that ended in Jun. 2026 was €5.74. Erste Group Bank AG.'s Shiller PE Ratio of today is 20.62.

During the past 13 years, the highest Shiller PE Ratio of Erste Group Bank AG. was 44.37. The lowest was 9.13. And the median was 17.80.


Erste Group Bank AG.  (XTER:EBO) 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.

Erste Group Bank AG.'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=118.30/5.737
=20.62

* 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 Erste Group Bank AG. was 44.37. The lowest was 9.13. And the median was 17.80.


Be Aware

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


Erste Group Bank AG. E10 Related Terms


Erste Group Bank AG. E10 Historical Data

* Premium members only.

The historical data trend for Erste Group Bank AG.'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.

Erste Group Bank AG. E10 Chart

Erste Group Bank AG. 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 2.05 2.58 3.39 4.61 5.29

Erste Group Bank AG. Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.13 5.27 5.47 5.66 5.74

XTER:EBO vs USB: E10 Comparison

For the Banks - Regional subindustry, Erste Group Bank AG.'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.


Erste Group Bank AG. Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Erste Group Bank AG.'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Erste Group Bank AG.'s Shiller PE Ratio falls into.


XTER:EBO
70GF Score
Erste Group Bank AG. XTER:EBO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Erste Group Bank AG. 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, Erste Group Bank AG.'s adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.4826/142.7100*142.7100
=2.483

Current CPI (Jun. 2026) = 142.7100.

Erste Group Bank AG. Quarterly Data

per share eps CPI Adj_EPS
201609 0.800 101.192 1.128
201612 0.200 102.092 0.280
201703 0.610 102.592 0.849
201706 0.830 102.991 1.150
201709 0.890 103.591 1.226
201712 0.710 104.291 0.972
201803 0.788 104.491 1.076
201806 0.986 105.091 1.339
201809 1.110 105.691 1.499
201812 1.289 106.291 1.730
201903 0.884 106.391 1.185
201906 0.775 106.791 1.036
201909 1.203 106.991 1.605
201912 0.474 108.091 0.626
202003 0.552 108.024 0.729
202006 0.018 107.915 0.024
202009 0.847 108.348 1.115
202012 0.204 109.321 0.266
202103 0.833 110.186 1.079
202106 1.210 110.943 1.557
202109 1.316 111.916 1.678
202112 0.978 113.971 1.224
202203 1.053 117.647 1.277
202206 1.571 120.567 1.859
202209 1.253 123.811 1.444
202212 1.094 125.541 1.244
202303 1.387 128.460 1.541
202306 1.970 130.191 2.159
202309 1.900 131.272 2.066
202312 1.539 132.570 1.656
202403 1.866 133.759 1.991
202406 1.863 134.083 1.983
202409 2.136 133.651 2.280
202412 1.327 135.273 1.400
202503 1.817 137.760 1.882
202506 2.105 138.517 2.169
202509 2.200 138.950 2.260
202512 2.113 140.350 2.148
202603 2.147 142.160 2.156
202606 2.483 142.710 2.483

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 €5.74 mean?
Erste Group Bank AG. (XTER:EBO) has a E10 of €5.74 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Erste Group Bank AG. and its competitors.
Is Erste Group Bank AG.'s E10 too high?
Erste Group Bank AG.'s current E10 is €5.74. Overall, Erste Group Bank AG. has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Erste Group Bank AG.'s E10 compare to USB?
Erste Group Bank AG.'s E10 of €5.74 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 Erste Group Bank AG. and its competitors. Erste Group Bank AG.'s current E10 is €5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erste Group Bank AG. stock overvalued right now?
Based on GuruFocus' analysis, Erste Group Bank AG. (XTER:EBO) is currently considered Significantly Overvalued. The stock's GF Value™ is €85.16, compared to a current price of €118.30 — trading 38.9% above its estimated fair value. The current E10 is €5.74. Erste Group Bank AG.'s overall GF Score™ is 70/100 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 Erste Group Bank AG. (XTER:EBO), the current E10 is €5.74 as of Jun. 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 Erste Group Bank AG. (XTER:EBO) Overvalued in 2026?

Based on GuruFocus' analysis, Erste Group Bank AG. stock appears to be overvalued. The current stock price of €118.30 is trading 38.9% above its estimated GF Value™ of €85.16. GuruFocus considers Erste Group Bank AG. to be Significantly Overvalued.

Key valuation signals for XTER:EBO:

  • E10: €5.74
  • GF Value™: €85.16 vs. price of €118.30 (38.9% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Erste Group Bank AG. Business Description

Address Am Belvedere 1, Vienna, AUT, A-1100
Erste Group Bank AG. is an Austria-based financial services provider catering to the needs of individuals, corporates, small businesses, and other enterprises. It offers a complete range of banking and other financial services, such as savings accounts, asset management (including investment funds), consumer credit and mortgage lending, investment banking, securities and derivatives trading, project finance, foreign exchange trading, leasing, factoring, etc. The Group's operating segments are defined according to the core markets in which it operates and include Austria, Central and Eastern Europe, and Other. Maximum revenue is generated from the Central and Eastern Europe segment, which represents its operations in the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia.
70GF Score

Get the complete analysis for XTER:EBO

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

€118.30
Price
€85.16
GF Value