AVVZF (Avanza Bank Holding AB) E10: $0.61 (As of Jun. 2026)

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AVVZF Avanza Bank Holding AB AVVZF
80 GF Score
Price $22.62
GF Value $20.73
! 6 Warning Signs
View Full Analysis

What is Avanza Bank Holding AB E10?

Avanza Bank Holding AB AVVZF 80 E10 is $0.61 as of Jun. 2026. GuruFocus rates AVVZF with a GF Score™ of 80/100 and a GF Value™ of $20.73. 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.

Avanza Bank Holding AB's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.521. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.61 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Avanza Bank Holding AB's average E10 Growth Rate was 16.30% per year. During the past 3 years, the average E10 Growth Rate was 19.30% per year. During the past 5 years, the average E10 Growth Rate was 26.40% 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 Avanza Bank Holding AB was 35.30% per year. The lowest was 12.50% per year. And the median was 25.40% per year.

As of today (2026-08-14), Avanza Bank Holding AB's current stock price is $22.62. Avanza Bank Holding AB's E10 for the quarter that ended in Jun. 2026 was $0.61. Avanza Bank Holding AB's Shiller PE Ratio of today is 37.08.

During the past 13 years, the highest Shiller PE Ratio of Avanza Bank Holding AB was 98.19. The lowest was 27.54. And the median was 38.70.


Avanza Bank Holding AB  (OTCPK:AVVZF) 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.

Avanza Bank Holding AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.62/0.61
=37.08

* 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 Avanza Bank Holding AB was 98.19. The lowest was 27.54. And the median was 38.70.


Be Aware

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


Avanza Bank Holding AB E10 Related Terms


Avanza Bank Holding AB E10 Historical Data

* Premium members only.

The historical data trend for Avanza Bank Holding AB'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.

Avanza Bank Holding AB E10 Chart

Avanza Bank Holding AB 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 0.68 0.61

Avanza Bank Holding AB 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 0.63 0.60 0.61 0.62 0.61

AVVZF vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Avanza Bank Holding AB'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.


Avanza Bank Holding AB Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Avanza Bank Holding AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Avanza Bank Holding AB's Shiller PE Ratio falls into.


AVVZF
80GF Score
Avanza Bank Holding AB AVVZF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avanza Bank Holding AB 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, Avanza Bank Holding AB'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)
=0.521/134.6100*134.6100
=0.521

Current CPI (Jun. 2026) = 134.6100.

Avanza Bank Holding AB Quarterly Data

per share eps CPI Adj_EPS
201609 0.083 101.138 0.110
201612 0.073 102.022 0.096
201703 0.077 102.022 0.102
201706 0.068 102.752 0.089
201709 0.074 103.279 0.096
201712 0.078 103.793 0.101
201803 0.083 103.962 0.107
201806 0.060 104.875 0.077
201809 0.079 105.679 0.101
201812 0.043 105.912 0.055
201903 0.061 105.886 0.078
201906 0.071 106.742 0.090
201909 0.094 107.214 0.118
201912 0.084 107.766 0.105
202003 0.201 106.563 0.254
202006 0.194 107.498 0.243
202009 0.239 107.635 0.299
202012 0.318 108.296 0.395
202103 0.467 108.360 0.580
202106 0.338 108.928 0.418
202109 0.353 110.338 0.431
202112 0.337 112.486 0.403
202203 0.294 114.825 0.345
202206 0.187 118.384 0.213
202209 0.255 122.296 0.281
202212 0.304 126.365 0.324
202303 0.304 127.042 0.322
202306 0.280 129.407 0.291
202309 0.293 130.224 0.303
202312 0.310 131.912 0.316
202403 0.339 132.205 0.345
202406 0.306 132.716 0.310
202409 0.353 132.304 0.359
202412 0.361 132.987 0.365
202503 0.442 132.825 0.448
202506 0.398 133.699 0.401
202509 0.464 133.480 0.468
202512 0.417 133.390 0.421
202603 0.504 133.560 0.508
202606 0.521 134.610 0.521

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 $0.61 mean?
Avanza Bank Holding AB (AVVZF) has a E10 of $0.61 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Avanza Bank Holding AB and its competitors.
Is Avanza Bank Holding AB's E10 too high?
Avanza Bank Holding AB's current E10 is $0.61. Overall, Avanza Bank Holding AB has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Avanza Bank Holding AB's E10 compare to PNC and USB?
Avanza Bank Holding AB's E10 of $0.61 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 Avanza Bank Holding AB and its competitors. Avanza Bank Holding AB's current E10 is $0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanza Bank Holding AB stock overvalued right now?
Avanza Bank Holding AB (AVVZF) has a current E10 of $0.61. The stock's GF Value™ is $20.73, compared to a current price of $22.62 — trading 9.1% above its estimated fair value. The current E10 is $0.61. Avanza Bank Holding AB's overall GF Score™ is 80/100 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 Avanza Bank Holding AB (AVVZF), the current E10 is $0.61 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 Avanza Bank Holding AB (AVVZF) Overvalued in 2026?

Based on GuruFocus' analysis, Avanza Bank Holding AB stock appears to be overvalued. The current stock price of $22.62 is trading 9.1% above its estimated GF Value™ of $20.73.

Key valuation signals for AVVZF:

  • E10: $0.61
  • GF Value™: $20.73 vs. price of $22.62 (9.1% above fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Avanza Bank Holding AB Business Description

Address Regeringsgatan 103, Box 1399, Stockholm, SWE, SE-111 93
Avanza Bank Holding AB operates a platform for savings and investments. It offers a range of savings products, competitive occupational pension solutions, margin lending and mortgages. Customers are offered to save in Swedish and foreign securities and in savings accounts at very low fees and at competitive rates. The company serves individual investors, professional traders and corporate customers, such as entrepreneurs, asset managers and firms that want occupational pensions for their employees.
80GF Score

Get the complete analysis for AVVZF

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

$22.62
Price
$20.73
GF Value