Afry AB (CHIX:AFRYS) E10: kr10.46 (As of Mar. 2026)


CHIX:AFRYS Afry AB CHIX:AFRYS
70 GF Score
Price kr112.50
GF Value kr150.96
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Afry AB E10?

Afry AB CHIX:AFRYS 70 E10 is kr10.46 as of Mar. 2026. GuruFocus rates CHIX:AFRYS with a GF Score™ of 70/100 and a GF Value™ of kr150.96 (Modestly Undervalued). The stock has 4 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.

Afry AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr2.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr10.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Afry AB's average E10 Growth Rate was -1.60% per year. During the past 3 years, the average E10 Growth Rate was 2.70% per year. During the past 5 years, the average E10 Growth Rate was 7.50% per year. During the past 10 years, the average E10 Growth Rate was 6.80% 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 Afry AB was 11.40% per year. The lowest was 2.70% per year. And the median was 7.00% per year.

As of today (2026-06-27), Afry AB's current stock price is kr112.50. Afry AB's E10 for the quarter that ended in Mar. 2026 was kr10.46. Afry AB's Shiller PE Ratio of today is 10.76.

During the past 13 years, the highest Shiller PE Ratio of Afry AB was 38.32. The lowest was 10.31. And the median was 23.27.


Afry AB  (CHIX:AFRYs) 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.

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

Shiller PE Ratio=Share Price/E10
=112.50/10.46
=10.76

* 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 Afry AB was 38.32. The lowest was 10.31. And the median was 23.27.


Be Aware

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


Afry AB E10 Related Terms


Afry AB E10 Historical Data

* Premium members only.

The historical data trend for Afry 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.

Afry AB E10 Chart

Afry 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 4.62 8.04 11.03 10.46 11.47

Afry AB 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 10.65 10.80 9.94 11.47 10.46

CHIX:AFRYS vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Afry 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.


Afry AB Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Afry AB's Shiller PE Ratio distribution charts can be found below:

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


CHIX:AFRYS
70GF Score
Afry AB CHIX:AFRYS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afry 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, Afry AB'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)
=2.12/133.3862*133.3862
=2.120

Current CPI (Mar. 2026) = 133.3862.

Afry AB Quarterly Data

per share eps CPI Adj_EPS
201606 2.384 101.019 3.148
201609 1.415 101.138 1.866
201612 2.484 102.022 3.248
201703 2.315 102.022 3.027
201706 2.208 102.752 2.866
201709 0.997 103.279 1.288
201712 2.840 103.793 3.650
201803 2.880 103.962 3.695
201806 3.270 104.875 4.159
201809 1.830 105.679 2.310
201812 2.780 105.912 3.501
201903 2.280 105.886 2.872
201906 2.550 106.742 3.187
201909 1.644 107.214 2.045
201912 1.570 107.766 1.943
202003 2.470 106.563 3.092
202006 1.880 107.498 2.333
202009 1.290 107.635 1.599
202012 2.645 108.296 3.258
202103 2.560 108.360 3.151
202106 2.570 108.928 3.147
202109 2.180 110.338 2.635
202112 2.660 112.486 3.154
202203 1.970 114.825 2.288
202206 1.530 118.384 1.724
202209 1.590 122.296 1.734
202212 3.520 126.365 3.716
202303 3.850 127.042 4.042
202306 1.770 129.407 1.824
202309 1.320 130.224 1.352
202312 2.773 131.912 2.804
202403 3.130 132.205 3.158
202406 3.330 132.716 3.347
202409 1.320 132.304 1.331
202412 3.070 132.987 3.079
202503 2.210 132.825 2.219
202506 1.710 133.699 1.706
202509 1.210 133.482 1.209
202512 1.940 133.386 1.940
202603 2.120 133.386 2.120

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 kr10.46 mean?
Afry AB (CHIX:AFRYS) has a E10 of kr10.46 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Afry AB and its competitors.
Is Afry AB's E10 too high?
Afry AB's current E10 is kr10.46. Overall, Afry AB has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afry AB's E10 compare to PWR and FIX?
Afry AB's E10 of kr10.46 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Afry AB and its competitors. Afry AB's current E10 is kr10.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (CHIX:AFRYS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr150.96, compared to a current price of kr112.50 — trading 25.5% below its estimated fair value. The current E10 is kr10.46. Afry AB's overall GF Score™ is 70/100 with 4 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 Afry AB (CHIX:AFRYS), the current E10 is kr10.46 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 Afry AB (CHIX:AFRYS) Overvalued in 2026?

Based on GuruFocus' analysis, Afry AB stock appears to be undervalued. The current stock price of kr112.50 is trading 25.5% below its estimated GF Value™ of kr150.96. GuruFocus considers Afry AB to be Modestly Undervalued.

Key valuation signals for CHIX:AFRYS:

  • E10: kr10.46
  • GF Value™: kr150.96 vs. price of kr112.50 (25.5% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Afry AB Business Description

Address Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
70GF Score

Get the complete analysis for CHIX:AFRYS

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

kr112.50
Price
kr150.96
GF Value