Paradox Interactive AB (FRA:ETA) E10: €0.39 (As of Mar. 2026)


FRA:ETA Paradox Interactive AB FRA:ETA
80 GF Score
Price €11.12
GF Value €16.07
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Paradox Interactive AB E10?

Paradox Interactive AB FRA:ETA +0.09% 80 E10 is €0.39 as of Mar. 2026. GuruFocus rates FRA:ETA with a GF Score™ of 80/100 and a GF Value™ of €16.07 (Significantly Undervalued). The stock has 5 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.

Paradox Interactive AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.076. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Paradox Interactive AB's average E10 Growth Rate was -1.40% 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.

As of today (2026-06-26), Paradox Interactive AB's current stock price is €11.12. Paradox Interactive AB's E10 for the quarter that ended in Mar. 2026 was €0.39. Paradox Interactive AB's Shiller PE Ratio of today is 28.51.

During the past 12 years, the highest Shiller PE Ratio of Paradox Interactive AB was 49.43. The lowest was 27.29. And the median was 39.57.


Paradox Interactive AB  (FRA:ETA) 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.

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

Shiller PE Ratio=Share Price/E10
=11.12/0.39
=28.51

* 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 12 years, the highest Shiller P/E Ratio of Paradox Interactive AB was 49.43. The lowest was 27.29. And the median was 39.57.


Be Aware

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


Paradox Interactive AB E10 Related Terms


Paradox Interactive AB E10 Historical Data

* Premium members only.

The historical data trend for Paradox Interactive 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.

Paradox Interactive AB E10 Chart

Paradox Interactive 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 0.00 0.38 0.39

Paradox Interactive 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 0.40 0.40 0.41 0.39 0.39

FRA:ETA vs NTES, EA, TTWO: E10 Comparison

For the Electronic Gaming & Multimedia subindustry, Paradox Interactive 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.


Paradox Interactive AB Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Paradox Interactive AB's Shiller PE Ratio distribution charts can be found below:

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


FRA:ETA
80GF Score
Paradox Interactive AB FRA:ETA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paradox Interactive 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, Paradox Interactive 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)
=0.076/133.3862*133.3862
=0.076

Current CPI (Mar. 2026) = 133.3862.

Paradox Interactive AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.113 101.019 0.149
201609 0.042 101.138 0.055
201612 0.067 102.022 0.088
201703 0.029 102.022 0.038
201706 0.123 102.752 0.160
201709 0.040 103.279 0.052
201712 0.065 103.793 0.084
201803 0.101 103.962 0.130
201806 0.072 104.875 0.092
201809 0.048 105.679 0.061
201812 0.105 105.912 0.132
201903 0.045 105.886 0.057
201906 0.107 106.742 0.134
201909 0.065 107.214 0.081
201912 0.117 107.766 0.145
202003 0.111 106.563 0.139
202006 0.139 107.498 0.172
202009 0.134 107.635 0.166
202012 0.056 108.296 0.069
202103 0.071 108.360 0.087
202106 0.083 108.928 0.102
202109 -0.030 110.338 -0.036
202112 0.106 112.486 0.126
202203 0.151 114.825 0.175
202206 0.152 118.384 0.171
202209 0.155 122.296 0.169
202212 0.167 126.365 0.176
202303 0.103 127.042 0.108
202306 0.192 129.407 0.198
202309 0.055 130.224 0.056
202312 0.083 131.912 0.084
202403 0.106 132.205 0.107
202406 0.023 132.716 0.023
202409 0.100 132.304 0.101
202412 0.256 132.987 0.257
202503 0.107 132.825 0.107
202506 0.094 133.699 0.094
202509 0.080 133.482 0.080
202512 -0.176 133.386 -0.176
202603 0.076 133.386 0.076

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 €0.39 mean?
Paradox Interactive AB (FRA:ETA) has a E10 of €0.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Paradox Interactive AB and its competitors.
Is Paradox Interactive AB's E10 too high?
Paradox Interactive AB's current E10 is €0.39. Overall, Paradox Interactive AB has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paradox Interactive AB's E10 compare to NTES and EA?
Paradox Interactive AB's E10 of €0.39 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good E10 depends on the Interactive Media 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 Paradox Interactive AB and its competitors. Paradox Interactive AB's current E10 is €0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paradox Interactive AB stock overvalued right now?
Based on GuruFocus' analysis, Paradox Interactive AB (FRA:ETA) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.07, compared to a current price of €11.12 — trading 30.8% below its estimated fair value. The current E10 is €0.39. Paradox Interactive AB's overall GF Score™ is 80/100 with 5 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 Paradox Interactive AB (FRA:ETA), the current E10 is €0.39 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 Paradox Interactive AB (FRA:ETA) Overvalued in 2026?

Based on GuruFocus' analysis, Paradox Interactive AB stock appears to be undervalued. The current stock price of €11.12 is trading 30.8% below its estimated GF Value™ of €16.07. GuruFocus considers Paradox Interactive AB to be Significantly Undervalued.

Key valuation signals for FRA:ETA:

  • E10: €0.39
  • GF Value™: €16.07 vs. price of €11.12 (30.8% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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


Paradox Interactive AB Business Description

Address Magnus Ladulasgatan 4, Stockholm, SWE, 118 66
Paradox Interactive AB is a Swedish company. It is engaged in the development and publishing of PC-based games. The company's product portfolio includes franchise brands such as Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities, Skylines, Tyranny and Magicka. Paradox is also involved in the publishing and internal development of games and licensing of White Wolf's brands. The company distributes its games through the digital platform Steam as well as on Apple, Google Play, and Sony stores. It operates its business across the world. The majority of the company's revenue comes from the United States, while it also has its presence in Sweden, Rest of Europe and Rest of the World.
80GF Score

Get the complete analysis for FRA:ETA

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

€11.12
Price
€16.07
GF Value