BALDF (Fastighets AB Balder) E10: $0.88 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BALDF Fastighets AB Balder BALDF
74 GF Score
Price $5.30
GF Value $6.91
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Fastighets AB Balder E10?

Fastighets AB Balder BALDF -2.20% 74 E10 is $0.88 as of Jun. 2026. GuruFocus rates BALDF with a GF Score™ of 74/100 and a GF Value™ of $6.91 (Modestly Undervalued). 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.

Fastighets AB Balder's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.061. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.88 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fastighets AB Balder's average E10 Growth Rate was -0.40% per year. During the past 3 years, the average E10 Growth Rate was 0.90% per year. During the past 5 years, the average E10 Growth Rate was 11.10% 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 Fastighets AB Balder was 25.10% per year. The lowest was 0.90% per year. And the median was 23.00% per year.

As of today (2026-08-25), Fastighets AB Balder's current stock price is $5.30. Fastighets AB Balder's E10 for the quarter that ended in Jun. 2026 was $0.88. Fastighets AB Balder's Shiller PE Ratio of today is 6.02.

During the past 13 years, the highest Shiller PE Ratio of Fastighets AB Balder was 19.51. The lowest was 4.36. And the median was 12.54.


Fastighets AB Balder  (OTCPK:BALDF) 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.

Fastighets AB Balder's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.30/0.88
=6.02

* 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 Fastighets AB Balder was 19.51. The lowest was 4.36. And the median was 12.54.


Be Aware

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


Fastighets AB Balder E10 Related Terms


Fastighets AB Balder E10 Historical Data

* Premium members only.

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder E10 Chart

Fastighets AB Balder 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 0.56 0.59 0.70 0.92

Fastighets AB Balder 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 0.88 0.86 0.92 0.86 0.88

Fastighets AB Balder E10 Competitor Comparison

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.


Fastighets AB Balder Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fastighets AB Balder's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fastighets AB Balder's Shiller PE Ratio falls into.


BALDF
74GF Score
Fastighets AB Balder BALDF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fastighets AB Balder 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, Fastighets AB Balder'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)
=0.061/134.6100*134.6100
=0.061

Current CPI (Jun. 2026) = 134.6100.

Fastighets AB Balder Quarterly Data

per share eps CPI Adj_EPS
201609 0.131 101.138 0.174
201612 0.235 102.022 0.310
201703 0.203 102.022 0.268
201706 0.175 102.752 0.229
201709 0.141 103.279 0.184
201712 0.220 103.793 0.285
201803 0.227 103.962 0.294
201806 0.195 104.875 0.250
201809 0.352 105.679 0.448
201812 0.209 105.912 0.266
201903 0.118 105.886 0.150
201906 0.141 106.742 0.178
201909 0.177 107.214 0.222
201912 0.440 107.766 0.550
202003 0.100 106.563 0.126
202006 0.081 107.498 0.101
202009 0.124 107.635 0.155
202012 0.382 108.296 0.475
202103 0.279 108.360 0.347
202106 0.236 108.928 0.292
202109 0.645 110.338 0.787
202112 0.726 112.486 0.869
202203 0.491 114.825 0.576
202206 0.308 118.384 0.350
202209 0.050 122.296 0.055
202212 0.072 126.365 0.077
202303 -0.019 127.042 -0.020
202306 -0.070 129.407 -0.073
202309 -0.083 130.224 -0.086
202312 0.403 131.912 0.411
202403 -0.049 132.205 -0.050
202406 0.038 132.716 0.039
202409 -0.024 132.304 -0.024
202412 0.194 132.987 0.196
202503 0.177 132.825 0.179
202506 0.068 133.699 0.068
202509 0.194 133.480 0.196
202512 0.158 133.390 0.159
202603 0.140 133.560 0.141
202606 0.061 134.610 0.061

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 $0.88 mean?
Fastighets AB Balder (BALDF) has a E10 of $0.88 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fastighets AB Balder and its competitors.
Is Fastighets AB Balder's E10 too high?
Fastighets AB Balder's current E10 is $0.88. Overall, Fastighets AB Balder has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fastighets AB Balder's E10 compare to competitors?
Fastighets AB Balder's E10 of $0.88 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Fastighets AB Balder and its competitors. Fastighets AB Balder's current E10 is $0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fastighets AB Balder stock overvalued right now?
Based on GuruFocus' analysis, Fastighets AB Balder (BALDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.91, compared to a current price of $5.30 — trading 23.3% below its estimated fair value. The current E10 is $0.88. Fastighets AB Balder's overall GF Score™ is 74/100 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 Fastighets AB Balder (BALDF), the current E10 is $0.88 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 Fastighets AB Balder (BALDF) Overvalued in 2026?

Based on GuruFocus' analysis, Fastighets AB Balder stock appears to be undervalued. The current stock price of $5.30 is trading 23.3% below its estimated GF Value™ of $6.91. GuruFocus considers Fastighets AB Balder to be Modestly Undervalued.

Key valuation signals for BALDF:

  • E10: $0.88
  • GF Value™: $6.91 vs. price of $5.30 (23.3% below fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Fastighets AB Balder Business Description

Address Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15
Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, which derives key income, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.
74GF Score

Get the complete analysis for BALDF

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

$5.30
Price
$6.91
GF Value