Investment AB Latour (FRA:18LB) E10: €0.70 (As of Mar. 2026)


FRA:18LB Investment AB Latour FRA:18LB
82 GF Score
Price €17.34
GF Value €24.37
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Investment AB Latour E10?

Investment AB Latour FRA:18LB -0.74% 82 E10 is €0.70 as of Mar. 2026. GuruFocus rates FRA:18LB with a GF Score™ of 82/100 and a GF Value™ of €24.37 (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.

Investment AB Latour's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Investment AB Latour's average E10 Growth Rate was -3.50% per year. During the past 3 years, the average E10 Growth Rate was 7.10% per year. During the past 5 years, the average E10 Growth Rate was 11.30% 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 Investment AB Latour was 16.40% per year. The lowest was 7.10% per year. And the median was 14.40% per year.

As of today (2026-07-09), Investment AB Latour's current stock price is €17.34. Investment AB Latour's E10 for the quarter that ended in Mar. 2026 was €0.70. Investment AB Latour's Shiller PE Ratio of today is 24.77.

During the past 13 years, the highest Shiller PE Ratio of Investment AB Latour was 67.24. The lowest was 23.61. And the median was 34.60.


Investment AB Latour  (FRA:18LB) 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.

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

Shiller PE Ratio=Share Price/E10
=17.34/0.70
=24.77

* 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 Investment AB Latour was 67.24. The lowest was 23.61. And the median was 34.60.


Be Aware

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


Investment AB Latour E10 Related Terms


Investment AB Latour E10 Historical Data

* Premium members only.

The historical data trend for Investment AB Latour'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.

Investment AB Latour E10 Chart

Investment AB Latour 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 0.53 0.60 0.68 0.71 0.74

Investment AB Latour 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 0.74 0.74 0.74 0.74 0.70

FRA:18LB vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Investment AB Latour'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.


Investment AB Latour Shiller PE Ratio vs Conglomerates Industry

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

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


FRA:18LB
82GF Score
Investment AB Latour FRA:18LB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Investment AB Latour 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, Investment AB Latour'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)
=0.055/133.5600*133.5600
=0.055

Current CPI (Mar. 2026) = 133.5600.

Investment AB Latour Quarterly Data

per share eps CPI Adj_EPS
201606 0.104 101.019 0.138
201609 0.130 101.138 0.172
201612 0.105 102.022 0.137
201703 0.091 102.022 0.119
201706 0.128 102.752 0.166
201709 0.120 103.279 0.155
201712 0.110 103.793 0.142
201803 0.091 103.962 0.117
201806 0.056 104.875 0.071
201809 0.111 105.679 0.140
201812 0.096 105.912 0.121
201903 0.252 105.886 0.318
201906 0.245 106.742 0.307
201909 0.101 107.214 0.126
201912 0.189 107.766 0.234
202003 0.001 106.563 0.001
202006 0.407 107.498 0.506
202009 0.193 107.635 0.239
202012 0.197 108.296 0.243
202103 0.186 108.360 0.229
202106 0.182 108.928 0.223
202109 0.162 110.338 0.196
202112 0.141 112.486 0.167
202203 0.167 114.825 0.194
202206 0.138 118.384 0.156
202209 0.098 122.296 0.107
202212 0.201 126.365 0.212
202303 0.282 127.042 0.296
202306 0.254 129.407 0.262
202309 0.074 130.224 0.076
202312 0.197 131.912 0.199
202403 0.274 132.205 0.277
202406 0.228 132.716 0.229
202409 0.148 132.304 0.149
202412 0.198 132.987 0.199
202503 0.114 132.825 0.115
202506 0.208 133.699 0.208
202509 0.149 133.480 0.149
202512 0.229 133.390 0.229
202603 0.055 133.560 0.055

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 €0.70 mean?
Investment AB Latour (FRA:18LB) has a E10 of €0.70 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Investment AB Latour and its competitors.
Is Investment AB Latour's E10 too high?
Investment AB Latour's current E10 is €0.70. Overall, Investment AB Latour has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Investment AB Latour's E10 compare to HON and MMM?
Investment AB Latour's E10 of €0.70 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Investment AB Latour and its competitors. Investment AB Latour's current E10 is €0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investment AB Latour stock overvalued right now?
Based on GuruFocus' analysis, Investment AB Latour (FRA:18LB) is currently considered Modestly Undervalued. The stock's GF Value™ is €24.37, compared to a current price of €17.34 — trading 28.8% below its estimated fair value. The current E10 is €0.70. Investment AB Latour's overall GF Score™ is 82/100 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 Investment AB Latour (FRA:18LB), the current E10 is €0.70 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 Investment AB Latour (FRA:18LB) Overvalued in 2026?

Based on GuruFocus' analysis, Investment AB Latour stock appears to be undervalued. The current stock price of €17.34 is trading 28.8% below its estimated GF Value™ of €24.37. GuruFocus considers Investment AB Latour to be Modestly Undervalued.

Key valuation signals for FRA:18LB:

  • E10: €0.70
  • GF Value™: €24.37 vs. price of €17.34 (28.8% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the FRA:18LB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Investment AB Latour Business Description

Address J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.
82GF Score

Get the complete analysis for FRA:18LB

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

€17.34
Price
€24.37
GF Value