Tieto Oyj (CHIX:TIETOH) E10: €1.41 (As of Jun. 2026)

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CHIX:TIETOH Tieto Oyj CHIX:TIETOH
56 GF Score
Price €17.64
GF Value €14.47
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Tieto Oyj E10?

Tieto Oyj CHIX:TIETOH 56 E10 is €1.41 as of Jun. 2026. GuruFocus rates CHIX:TIETOH with a GF Score™ of 56/100 and a GF Value™ of €14.47 (Fairly Valued). 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.

Tieto Oyj's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.41 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Tieto Oyj's average E10 Growth Rate was -4.50% per year. During the past 3 years, the average E10 Growth Rate was -6.50% per year. During the past 5 years, the average E10 Growth Rate was 3.40% 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 Tieto Oyj was 14.00% per year. The lowest was -6.50% per year. And the median was 6.15% per year.

As of today (2026-07-25), Tieto Oyj's current stock price is €17.64. Tieto Oyj's E10 for the quarter that ended in Jun. 2026 was €1.41. Tieto Oyj's Shiller PE Ratio of today is 12.51.

During the past 13 years, the highest Shiller PE Ratio of Tieto Oyj was 33.63. The lowest was 10.27. And the median was 20.72.


Tieto Oyj  (CHIX:TIETOh) 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.

Tieto Oyj's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.64/1.41
=12.51

* 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 Tieto Oyj was 33.63. The lowest was 10.27. And the median was 20.72.


Be Aware

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


Tieto Oyj E10 Related Terms


Tieto Oyj E10 Historical Data

* Premium members only.

The historical data trend for Tieto Oyj'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.

Tieto Oyj E10 Chart

Tieto Oyj 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 1.36 1.66 1.50 1.63 1.21

Tieto Oyj 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 1.35 1.23 1.21 1.22 1.41

CHIX:TIETOH vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Tieto Oyj'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.


Tieto Oyj Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Tieto Oyj's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tieto Oyj's Shiller PE Ratio falls into.


CHIX:TIETOH
56GF Score
Tieto Oyj CHIX:TIETOH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tieto Oyj 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, Tieto Oyj'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)
=0.73/125.3800*125.3800
=0.730

Current CPI (Jun. 2026) = 125.3800.

Tieto Oyj Quarterly Data

per share eps CPI Adj_EPS
201609 0.370 100.540 0.461
201612 0.460 101.020 0.571
201703 0.220 100.910 0.273
201706 0.280 101.140 0.347
201709 0.460 101.320 0.569
201712 0.500 101.510 0.618
201803 0.410 101.730 0.505
201806 0.330 102.320 0.404
201809 0.450 102.600 0.550
201812 0.480 102.710 0.586
201903 0.370 102.870 0.451
201906 0.240 103.360 0.291
201909 0.300 103.540 0.363
201912 0.110 103.650 0.133
202003 0.300 103.490 0.363
202006 -0.120 103.320 -0.146
202009 0.160 103.710 0.193
202012 0.460 103.890 0.555
202103 0.310 104.870 0.371
202106 0.990 105.360 1.178
202109 0.410 106.290 0.484
202112 0.750 107.490 0.875
202203 0.280 110.950 0.316
202206 0.180 113.570 0.199
202209 0.500 114.920 0.546
202212 0.630 117.320 0.673
202303 0.410 119.750 0.429
202306 0.210 120.690 0.218
202309 0.370 121.280 0.383
202312 0.460 121.540 0.475
202403 0.320 122.360 0.328
202406 0.240 122.230 0.246
202409 0.320 122.260 0.328
202412 -1.410 122.390 -1.444
202503 -0.680 123.010 -0.693
202506 -0.290 122.530 -0.297
202509 -0.590 122.880 -0.602
202512 0.370 122.670 0.378
202603 0.510 124.670 0.513
202606 0.730 125.380 0.730

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 €1.41 mean?
Tieto Oyj (CHIX:TIETOH) has a E10 of €1.41 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tieto Oyj and its competitors.
Is Tieto Oyj's E10 too high?
Tieto Oyj's current E10 is €1.41. Overall, Tieto Oyj has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tieto Oyj's E10 compare to IBM and ACN?
Tieto Oyj's E10 of €1.41 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Tieto Oyj and its competitors. Tieto Oyj's current E10 is €1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tieto Oyj stock overvalued right now?
Based on GuruFocus' analysis, Tieto Oyj (CHIX:TIETOH) is currently considered Fairly Valued. The stock's GF Value™ is €14.47, compared to a current price of €17.64 — trading 21.9% above its estimated fair value. The current E10 is €1.41. Tieto Oyj's overall GF Score™ is 56/100 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 Tieto Oyj (CHIX:TIETOH), the current E10 is €1.41 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 Tieto Oyj (CHIX:TIETOH) Overvalued in 2026?

Based on GuruFocus' analysis, Tieto Oyj stock appears to be overvalued. The current stock price of €17.64 is trading 21.9% above its estimated GF Value™ of €14.47. GuruFocus considers Tieto Oyj to be Fairly Valued.

Key valuation signals for CHIX:TIETOH:

  • E10: €1.41
  • GF Value™: €14.47 vs. price of €17.64 (21.9% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Tieto Oyj Business Description

Address Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, 02101
Tieto Oyj is a software and technology consulting company. The company provides software and digital engineering services to customers across multiple industries. Its operations include specialized software businesses such as Tieto Caretech, Tieto Banktech, and Tieto Indtech, as well as a technology consulting business. The company offers services in areas including software development, design, cloud, and artificial intelligence.
56GF Score

Get the complete analysis for CHIX:TIETOH

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

€17.64
Price
€14.47
GF Value