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Erste Group Bank AG.FRA:EBOR +0.82%71 Shiller PE Ratio is 21.21 as of Aug. 17, 2026, which is 20% above its 10-year median of 17.71. GuruFocus rates FRA:EBOR with a GF Score™ of 71/100 and a GF Value™ of €41.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,240 Banks companies, Erste Group Bank AG. ranks worse than 80.16% on this metric.
The historical rank and industry rank for Erste Group Bank AG.'s Shiller PE Ratio or its related term are showing as below:
FRA:EBOR'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.13 Med: 17.71 Max: 44.37
Current: 20.75
During the past years, Erste Group Bank AG.'s highest Shiller PE Ratio was 44.37. The lowest was 9.13. And the median was 17.71.
FRA:EBOR's Shiller PE Ratio is ranked worse than 80.16% of 1240
companies
in the Banks industry
Industry Median: 14.015
vs FRA:EBOR: 20.75
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio 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 €1.411. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.90 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Erste Group Bank AG. (FRA:EBOR) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Erste Group Bank AG. Shiller PE Ratio Related Terms
Erste Group Bank AG. Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Erste Group Bank AG.'s Shiller PE Ratio 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.
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.
For Shiller PE Ratio, 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 PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our 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.
Erste Group Bank AG. (FRA:EBOR) has a Shiller PE Ratio of 21.21 as of Aug. 17, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Erste Group Bank AG. and its competitors. This is 20% above median its historical median of 17.71. Over the past decade, Erste Group Bank AG.'s Shiller PE Ratio has ranged from 9.13 to 44.37. According to the industry distribution chart, Erste Group Bank AG. ranks #994 out of 1240 companies in the Banks industry, placing it in the top 80.2%.
Is Erste Group Bank AG.'s Shiller PE Ratio too high?
Erste Group Bank AG.'s current Shiller PE Ratio of 21.21 is 20% above median its 10-year median of 17.71. Over the past 10 years, this metric has ranged from a low of 9.13 to a high of 44.37. The Banks industry median Shiller PE Ratio is 14.02. Erste Group Bank AG.'s value of 21.21 is 51.3% above this industry median. Based on the distribution chart, Erste Group Bank AG. ranks #994 out of 1240 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Erste Group Bank AG. has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Erste Group Bank AG.'s Shiller PE Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Erste Group Bank AG. ranks #994 out of 1240 companies for Shiller PE Ratio. This places Erste Group Bank AG. in the lower half of its industry. The industry median Shiller PE Ratio is 14.02. Erste Group Bank AG.'s value of 21.21 is 51.3% above this benchmark. Historically, Erste Group Bank AG.'s own Shiller PE Ratio has ranged from 9.13 to 44.37 over the past decade. While the company's 10-year median is 17.71 vs. the industry median of 14.02, Erste Group Bank AG. has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 14.02, based on 1,240 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erste Group Bank AG.'s current Shiller PE Ratio of 21.21 is 51.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Erste Group Bank AG. and its competitors. For the Banks industry, the median Shiller PE Ratio is 14.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erste Group Bank AG.'s current Shiller PE Ratio is 21.21, which is 20% above median its own 10-year median of 17.71. 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. (FRA:EBOR) is currently considered Significantly Overvalued. The stock's GF Value™ is €41.50, compared to a current price of €61.50 — trading 48.2% above its estimated fair value. The current Shiller PE Ratio is 21.21, which is 20% above median its 10-year median of 17.71 and 51.3% above the Banks industry median of 14.02. Erste Group Bank AG.'s overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Erste Group Bank AG. (FRA:EBOR), the current Shiller PE Ratio is 21.21 as of Aug. 17, 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. (FRA:EBOR) Overvalued in 2026?
Based on GuruFocus' analysis, Erste Group Bank AG. stock appears to be overvalued.
The current stock price of €61.50 is trading 48.2% above its estimated GF Value™ of €41.50.
GuruFocus considers Erste Group Bank AG. to be Significantly Overvalued.
Key valuation signals for FRA:EBOR:
Shiller PE Ratio: 21.21 (20% above median its 10-year median of 17.71)
GF Value™: €41.50 vs. price of €61.50 (48.2% above fair value)
Industry Position: 51.3% above the Banks median (#994 of 1240)
No single metric tells the full story. See the FRA:EBOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
71GF Score
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