Romerike Sparebank (FRA:92I) E10: €6.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

FRA:92I Romerike Sparebank FRA:92I
54 GF Score
Price €13.80
GF Value €13.12
! 3 Warning Signs
View Full Analysis

What is Romerike Sparebank E10?

Romerike Sparebank FRA:92I 54 E10 is €6.00 as of Mar. 2026. GuruFocus rates FRA:92I with a GF Score™ of 54/100 and a GF Value™ of €13.12. The stock has 3 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.

Romerike Sparebank's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.113. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.00 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-17), Romerike Sparebank's current stock price is €13.80. Romerike Sparebank's E10 for the quarter that ended in Mar. 2026 was €6.00. Romerike Sparebank's Shiller PE Ratio of today is 2.30.

During the past 12 years, the highest Shiller PE Ratio of Romerike Sparebank was 2.47. The lowest was 2.13. And the median was 2.30.


Romerike Sparebank  (FRA:92I) 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.

Romerike Sparebank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.80/6.00
=2.30

* 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 12 years, the highest Shiller P/E Ratio of Romerike Sparebank was 2.47. The lowest was 2.13. And the median was 2.30.


Be Aware

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


Romerike Sparebank E10 Related Terms


Romerike Sparebank E10 Historical Data

* Premium members only.

The historical data trend for Romerike Sparebank'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.

Romerike Sparebank E10 Chart

Romerike Sparebank 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 0.00 0.00 5.48

Romerike Sparebank 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 0.00 0.00 0.00 5.48 6.00

Romerike Sparebank E10 Competitor Comparison

For the Banks - Regional subindustry, Romerike Sparebank'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.


Romerike Sparebank Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Romerike Sparebank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Romerike Sparebank's Shiller PE Ratio falls into.


FRA:92I
54GF Score
Romerike Sparebank FRA:92I
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Romerike Sparebank 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, Romerike Sparebank'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)
=1.113/141.0300*141.0300
=1.113

Current CPI (Mar. 2026) = 141.0300.

Romerike Sparebank Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 100.900 0.000
201609 1.291 104.200 1.747
201612 1.025 104.400 1.385
201703 1.138 105.000 1.528
201706 2.371 105.800 3.161
201709 1.358 105.900 1.808
201712 1.251 106.100 1.663
201803 1.307 107.300 1.718
201806 2.338 108.500 3.039
201809 1.332 109.500 1.716
201812 1.157 109.800 1.486
201903 1.004 110.400 1.283
201906 4.667 110.600 5.951
201909 1.609 111.100 2.042
201912 -6.008 111.300 -7.613
202003 0.768 111.200 0.974
202006 2.707 112.100 3.406
202009 1.726 112.900 2.156
202012 0.695 112.900 0.868
202103 1.710 114.600 2.104
202106 3.858 115.300 4.719
202109 2.257 117.500 2.709
202112 1.888 118.900 2.239
202203 1.651 119.800 1.944
202206 1.447 122.600 1.665
202209 0.864 125.600 0.970
202212 -1.719 125.900 -1.926
202303 0.883 127.600 0.976
202306 1.753 130.400 1.896
202309 1.208 129.800 1.313
202312 1.001 131.900 1.070
202403 1.316 132.600 1.400
202406 2.032 133.800 2.142
202409 1.379 133.700 1.455
202412 1.112 134.800 1.163
202503 1.375 136.100 1.425
202506 2.392 137.800 2.448
202509 1.535 138.500 1.563
202512 1.539 139.100 1.560
202603 1.113 141.030 1.113

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 €6.00 mean?
Romerike Sparebank (FRA:92I) has a E10 of €6.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Romerike Sparebank and its competitors.
Is Romerike Sparebank's E10 too high?
Romerike Sparebank's current E10 is €6.00. Overall, Romerike Sparebank has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Romerike Sparebank's E10 compare to competitors?
Romerike Sparebank's E10 of €6.00 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Romerike Sparebank and its competitors. Romerike Sparebank's current E10 is €6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Romerike Sparebank stock overvalued right now?
Romerike Sparebank (FRA:92I) has a current E10 of €6.00. The stock's GF Value™ is €13.12, compared to a current price of €13.80 — trading 5.2% above its estimated fair value. The current E10 is €6.00. Romerike Sparebank's overall GF Score™ is 54/100 with 3 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 Romerike Sparebank (FRA:92I), the current E10 is €6.00 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 Romerike Sparebank (FRA:92I) Overvalued in 2026?

Based on GuruFocus' analysis, Romerike Sparebank stock appears to be overvalued. The current stock price of €13.80 is trading 5.2% above its estimated GF Value™ of €13.12.

Key valuation signals for FRA:92I:

  • E10: €6.00
  • GF Value™: €13.12 vs. price of €13.80 (5.2% above fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the FRA:92I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Romerike Sparebank Business Description

Other Exchanges ROMER:Norway
Address Torvet 5, Lillestrom, NOR, 2000
Romerike Sparebank is a local bank that provides banking and financial services in Norway. It provides services of Daily banking, Insurance, Loans, Savings and Retitement.
54GF Score

Get the complete analysis for FRA:92I

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

€13.80
Price
€13.12
GF Value