Boliden AB (FRA:BWJ0) E10: €5.91 (As of Mar. 2026)


FRA:BWJ0 Boliden AB FRA:BWJ0
91 GF Score
Price €98.00
GF Value €70.82
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Boliden AB E10?

Boliden AB FRA:BWJ0 +2.08% 91 E10 is €5.91 as of Mar. 2026. GuruFocus rates FRA:BWJ0 with a GF Score™ of 91/100 and a GF Value™ of €70.82 (Significantly Overvalued). The stock has 7 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.

Boliden AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €2.497. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.91 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Boliden AB's average E10 Growth Rate was 9.20% per year. During the past 3 years, the average E10 Growth Rate was 9.60% per year. During the past 5 years, the average E10 Growth Rate was 14.90% per year. During the past 10 years, the average E10 Growth Rate was 13.20% 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 Boliden AB was 145.00% per year. The lowest was 2.20% per year. And the median was 12.00% per year.

As of today (2026-07-02), Boliden AB's current stock price is €98.00. Boliden AB's E10 for the quarter that ended in Mar. 2026 was €5.91. Boliden AB's Shiller PE Ratio of today is 16.58.

During the past 13 years, the highest Shiller PE Ratio of Boliden AB was 27.44. The lowest was 9.04. And the median was 16.17.


Boliden AB  (FRA:BWJ0) 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.

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

Shiller PE Ratio=Share Price/E10
=98.00/5.91
=16.58

* 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 Boliden AB was 27.44. The lowest was 9.04. And the median was 16.17.


Be Aware

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


Boliden AB E10 Related Terms


Boliden AB E10 Historical Data

* Premium members only.

The historical data trend for Boliden 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.

Boliden AB E10 Chart

Boliden 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 3.69 4.45 4.89 5.24 5.91

Boliden 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 5.64 5.58 5.63 5.91 5.91

Boliden AB E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Boliden 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.


Boliden AB Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Boliden AB's Shiller PE Ratio distribution charts can be found below:

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


FRA:BWJ0
91GF Score
Boliden AB FRA:BWJ0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boliden 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, Boliden 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)
=2.497/133.3862*133.3862
=2.497

Current CPI (Mar. 2026) = 133.3862.

Boliden AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.484 101.019 0.639
201609 0.867 101.138 1.143
201612 1.376 102.022 1.799
201703 1.280 102.022 1.674
201706 1.095 102.752 1.421
201709 1.131 103.279 1.461
201712 1.655 103.793 2.127
201803 1.447 103.962 1.857
201806 1.449 104.875 1.843
201809 0.899 105.679 1.135
201812 1.330 105.912 1.675
201903 1.316 105.886 1.658
201906 0.777 106.742 0.971
201909 0.961 107.214 1.196
201912 0.948 107.766 1.173
202003 0.717 106.563 0.897
202006 0.939 107.498 1.165
202009 1.427 107.635 1.768
202012 1.690 108.296 2.082
202103 1.565 108.360 1.926
202106 1.582 108.928 1.937
202109 1.292 110.338 1.562
202112 1.805 112.486 2.140
202203 2.755 114.825 3.200
202206 2.176 118.384 2.452
202209 1.833 122.296 1.999
202212 1.714 126.365 1.809
202303 1.656 127.042 1.739
202306 0.326 129.407 0.336
202309 0.839 130.224 0.859
202312 1.083 131.912 1.095
202403 0.735 132.205 0.742
202406 2.339 132.716 2.351
202409 1.469 132.304 1.481
202412 1.904 132.987 1.910
202503 1.459 132.825 1.465
202506 0.367 133.699 0.366
202509 1.467 133.482 1.466
202512 2.814 133.386 2.814
202603 2.497 133.386 2.497

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 €5.91 mean?
Boliden AB (FRA:BWJ0) has a E10 of €5.91 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Boliden AB and its competitors.
Is Boliden AB's E10 too high?
Boliden AB's current E10 is €5.91. Overall, Boliden AB has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boliden AB's E10 compare to competitors?
Boliden AB's E10 of €5.91 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Boliden AB and its competitors. Boliden AB's current E10 is €5.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boliden AB stock overvalued right now?
Based on GuruFocus' analysis, Boliden AB (FRA:BWJ0) is currently considered Significantly Overvalued. The stock's GF Value™ is €70.82, compared to a current price of €98.00 — trading 38.4% above its estimated fair value. The current E10 is €5.91. Boliden AB's overall GF Score™ is 91/100 with 7 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 Boliden AB (FRA:BWJ0), the current E10 is €5.91 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 Boliden AB (FRA:BWJ0) Overvalued in 2026?

Based on GuruFocus' analysis, Boliden AB stock appears to be overvalued. The current stock price of €98.00 is trading 38.4% above its estimated GF Value™ of €70.82. GuruFocus considers Boliden AB to be Significantly Overvalued.

Key valuation signals for FRA:BWJ0:

  • E10: €5.91
  • GF Value™: €70.82 vs. price of €98.00 (38.4% above fair value)
  • GF Score™: 91/100 with 7 warning signs

No single metric tells the full story. See the FRA:BWJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boliden AB Business Description

Address Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates Mines and smelters in Sweden, Norway, Finland, and Ireland. The company processes zinc, copper, gold, silver and other metals and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: the business area smelters and the business area mines. The business area mines division comprises mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines. The company generates maximum revenue from the Business area Smelters segment.
91GF Score

Get the complete analysis for FRA:BWJ0

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

€98.00
Price
€70.82
GF Value