Beijer Ref AB (CHIX:BEIJBS) E10: kr3.09 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

CHIX:BEIJBS Beijer Ref AB CHIX:BEIJBS
94 GF Score
Price kr143.35
GF Value kr158.52
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Beijer Ref AB E10?

Beijer Ref AB CHIX:BEIJBS +4.41% 94 E10 is kr3.09 as of Mar. 2026. GuruFocus rates CHIX:BEIJBS with a GF Score™ of 94/100 and a GF Value™ of kr158.52 (Modestly Undervalued). The stock has 2 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.

Beijer Ref AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr0.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Beijer Ref AB's average E10 Growth Rate was 13.70% per year. During the past 3 years, the average E10 Growth Rate was 19.20% per year. During the past 5 years, the average E10 Growth Rate was 21.70% 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 Beijer Ref AB was 24.40% per year. The lowest was 12.90% per year. And the median was 18.00% per year.

As of today (2026-07-16), Beijer Ref AB's current stock price is kr143.35. Beijer Ref AB's E10 for the quarter that ended in Mar. 2026 was kr3.09. Beijer Ref AB's Shiller PE Ratio of today is 46.39.

During the past 13 years, the highest Shiller PE Ratio of Beijer Ref AB was 145.20. The lowest was 30.18. And the median was 64.73.


Beijer Ref AB  (CHIX:BEIJBs) 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.

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

Shiller PE Ratio=Share Price/E10
=143.35/3.09
=46.39

* 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 Beijer Ref AB was 145.20. The lowest was 30.18. And the median was 64.73.


Be Aware

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


Beijer Ref AB E10 Related Terms


Beijer Ref AB E10 Historical Data

* Premium members only.

The historical data trend for Beijer Ref 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.

Beijer Ref AB E10 Chart

Beijer Ref 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 1.86 2.72 3.00

Beijer Ref 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 2.92 2.82 2.94 3.00 3.09

CHIX:BEIJBS vs GWW, FAST, FERG: E10 Comparison

For the Industrial Distribution subindustry, Beijer Ref 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.


Beijer Ref AB Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beijer Ref AB's Shiller PE Ratio distribution charts can be found below:

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


CHIX:BEIJBS
94GF Score
Beijer Ref AB CHIX:BEIJBS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijer Ref 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, Beijer Ref 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)
=0.94/133.5600*133.5600
=0.940

Current CPI (Mar. 2026) = 133.5600.

Beijer Ref AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.287 101.019 0.379
201609 0.276 101.138 0.364
201612 0.232 102.022 0.304
201703 0.166 102.022 0.217
201706 0.363 102.752 0.472
201709 0.354 103.279 0.458
201712 0.346 103.793 0.445
201803 0.281 103.962 0.361
201806 0.601 104.875 0.765
201809 0.571 105.679 0.722
201812 0.388 105.912 0.489
201903 0.403 105.886 0.508
201906 0.629 106.742 0.787
201909 0.607 107.214 0.756
201912 0.430 107.766 0.533
202003 0.320 106.563 0.401
202006 0.394 107.498 0.490
202009 0.586 107.635 0.727
202012 0.430 108.296 0.530
202103 0.430 108.360 0.530
202106 0.723 108.928 0.886
202109 0.595 110.338 0.720
202112 0.595 112.486 0.706
202203 0.650 114.825 0.756
202206 0.980 118.384 1.106
202209 1.020 122.296 1.114
202212 0.348 126.365 0.368
202303 0.820 127.042 0.862
202306 1.390 129.407 1.435
202309 1.100 130.224 1.128
202312 1.500 131.912 1.519
202403 0.790 132.205 0.798
202406 1.420 132.716 1.429
202409 1.300 132.304 1.312
202412 0.890 132.987 0.894
202503 0.940 132.825 0.945
202506 1.560 133.699 1.558
202509 1.440 133.480 1.441
202512 0.640 133.390 0.641
202603 0.940 133.560 0.940

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 kr3.09 mean?
Beijer Ref AB (CHIX:BEIJBS) has a E10 of kr3.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Beijer Ref AB and its competitors.
Is Beijer Ref AB's E10 too high?
Beijer Ref AB's current E10 is kr3.09. Overall, Beijer Ref AB has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijer Ref AB's E10 compare to GWW and FAST?
Beijer Ref AB's E10 of kr3.09 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good E10 depends on the Industrial Distribution 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 Beijer Ref AB and its competitors. Beijer Ref AB's current E10 is kr3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijer Ref AB stock overvalued right now?
Based on GuruFocus' analysis, Beijer Ref AB (CHIX:BEIJBS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr158.52, compared to a current price of kr143.35 — trading 9.6% below its estimated fair value. The current E10 is kr3.09. Beijer Ref AB's overall GF Score™ is 94/100 with 2 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 Beijer Ref AB (CHIX:BEIJBS), the current E10 is kr3.09 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 Beijer Ref AB (CHIX:BEIJBS) Overvalued in 2026?

Based on GuruFocus' analysis, Beijer Ref AB stock appears to be undervalued. The current stock price of kr143.35 is trading 9.6% below its estimated GF Value™ of kr158.52. GuruFocus considers Beijer Ref AB to be Modestly Undervalued.

Key valuation signals for CHIX:BEIJBS:

  • E10: kr3.09
  • GF Value™: kr158.52 vs. price of kr143.35 (9.6% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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


Beijer Ref AB Business Description

Address Stortorget 8, Malmo, SWE, SE-211 34
Beijer Ref AB is a technology-oriented trading group that, through value-added products, offers its customers competitive solutions in refrigeration and air conditioning. The product range consists mainly of products from international manufacturers, and also some manufacturing of the group's own products combined with service and support for the products. Its segments include EMEA, North America and APAC.
94GF Score

Get the complete analysis for CHIX:BEIJBS

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

kr143.35
Price
kr158.52
GF Value