Billerud AB (CHIX:BILLS) E10: kr10.47 (As of Mar. 2026)


CHIX:BILLS Billerud AB CHIX:BILLS
58 GF Score
Price kr60.75
GF Value kr87.46
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Billerud AB E10?

Billerud AB CHIX:BILLS 58 E10 is kr10.47 as of Mar. 2026. GuruFocus rates CHIX:BILLS with a GF Score™ of 58/100 and a GF Value™ of kr87.46 (Possible Value Trap). 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.

Billerud AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr-0.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr10.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Billerud AB's average E10 Growth Rate was -8.60% per year. During the past 3 years, the average E10 Growth Rate was -1.30% per year. During the past 5 years, the average E10 Growth Rate was 6.60% 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 Billerud AB was 18.30% per year. The lowest was -1.30% per year. And the median was 12.00% per year.

As of today (2026-07-12), Billerud AB's current stock price is kr60.75. Billerud AB's E10 for the quarter that ended in Mar. 2026 was kr10.47. Billerud AB's Shiller PE Ratio of today is 5.80.

During the past 13 years, the highest Shiller PE Ratio of Billerud AB was 28.44. The lowest was 5.88. And the median was 14.15.


Billerud AB  (CHIX:BILLs) 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.

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

Shiller PE Ratio=Share Price/E10
=60.75/10.47
=5.80

* 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 Billerud AB was 28.44. The lowest was 5.88. And the median was 14.15.


Be Aware

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


Billerud AB E10 Related Terms


Billerud AB E10 Historical Data

* Premium members only.

The historical data trend for Billerud 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.

Billerud AB E10 Chart

Billerud 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 11.57 11.29 10.16

Billerud 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 10.93 11.12 10.80 10.16 10.47

CHIX:BILLS vs SLVM: E10 Comparison

For the Paper & Paper Products subindustry, Billerud 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.


Billerud AB Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Billerud AB's Shiller PE Ratio distribution charts can be found below:

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


CHIX:BILLS
58GF Score
Billerud AB CHIX:BILLS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Billerud 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, Billerud 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)
=-0.88/133.5600*133.5600
=-0.880

Current CPI (Mar. 2026) = 133.5600.

Billerud AB Quarterly Data

per share eps CPI Adj_EPS
201606 1.798 101.019 2.377
201609 2.245 101.138 2.965
201612 0.606 102.022 0.793
201703 1.798 102.022 2.354
201706 1.593 102.752 2.071
201709 2.301 103.279 2.976
201712 1.658 103.793 2.134
201803 2.236 103.962 2.873
201806 -0.596 104.875 -0.759
201809 1.630 105.679 2.060
201812 1.388 105.912 1.750
201903 2.031 105.886 2.562
201906 0.820 106.742 1.026
201909 25.889 107.214 32.251
201912 1.500 107.766 1.859
202003 0.736 106.563 0.922
202006 0.904 107.498 1.123
202009 0.233 107.635 0.289
202012 1.090 108.296 1.344
202103 1.695 108.360 2.089
202106 1.500 108.928 1.839
202109 2.143 110.338 2.594
202112 1.934 112.486 2.296
202203 4.270 114.825 4.967
202206 5.810 118.384 6.555
202209 5.410 122.296 5.908
202212 3.620 126.365 3.826
202303 2.570 127.042 2.702
202306 -1.940 129.407 -2.002
202309 2.640 130.224 2.708
202312 -1.330 131.912 -1.347
202403 1.260 132.205 1.273
202406 0.250 132.716 0.252
202409 2.270 132.304 2.292
202412 3.240 132.987 3.254
202503 1.670 132.825 1.679
202506 0.220 133.699 0.220
202509 -0.250 133.480 -0.250
202512 1.220 133.390 1.222
202603 -0.880 133.560 -0.880

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 kr10.47 mean?
Billerud AB (CHIX:BILLS) has a E10 of kr10.47 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Billerud AB and its competitors.
Is Billerud AB's E10 too high?
Billerud AB's current E10 is kr10.47. Overall, Billerud AB has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Billerud AB's E10 compare to SLVM?
Billerud AB's E10 of kr10.47 can be compared against companies in the Forest Products 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 Forest Products company?
A good E10 depends on the Forest Products 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 Billerud AB and its competitors. Billerud AB's current E10 is kr10.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billerud AB stock overvalued right now?
Based on GuruFocus' analysis, Billerud AB (CHIX:BILLS) is currently considered Possible Value Trap. The stock's GF Value™ is kr87.46, compared to a current price of kr60.75 — trading 30.5% below its estimated fair value. The current E10 is kr10.47. Billerud AB's overall GF Score™ is 58/100 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 Billerud AB (CHIX:BILLS), the current E10 is kr10.47 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 Billerud AB (CHIX:BILLS) Overvalued in 2026?

Based on GuruFocus' analysis, Billerud AB stock appears to be undervalued. The current stock price of kr60.75 is trading 30.5% below its estimated GF Value™ of kr87.46. GuruFocus considers Billerud AB to be Possible Value Trap.

Key valuation signals for CHIX:BILLS:

  • E10: kr10.47
  • GF Value™: kr87.46 vs. price of kr60.75 (30.5% below fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Billerud AB Business Description

Address Evenemangsgatan 17, P.O. Box 703, Solna, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Its product offerings include Cartonboard, Sack Paper, Coated sheets, Web papers, Hardwood Pulp, and Containerboard, among others. The company has has three operating segments: Region Europe, Region North America and Other. The majority of revenue is derived from the Region Europe segment.
58GF Score

Get the complete analysis for CHIX:BILLS

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

kr60.75
Price
kr87.46
GF Value