ALM Equity AB (FRA:I53) E10: € (As of Jun. 2026)

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FRA:I53 ALM Equity AB FRA:I53
65 GF Score
Price €3.59
GF Value €4.13
! 2 Warning Signs
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What is ALM Equity AB E10?

ALM Equity AB FRA:I53 +0.84% 65 E10 is € as of Jun. 2026. GuruFocus rates FRA:I53 with a GF Score™ of 65/100 and a GF Value™ of €4.13. 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.

ALM Equity AB's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.384. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, ALM Equity AB's average E10 Growth Rate was -12.50% per year. During the past 3 years, the average E10 Growth Rate was -39.60% per year. During the past 5 years, the average E10 Growth Rate was -14.80% 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 ALM Equity AB was 77.80% per year. The lowest was -39.60% per year. And the median was 23.50% per year.

As of today (2026-09-20), ALM Equity AB's current stock price is €3.59. ALM Equity AB's E10 for the quarter that ended in Jun. 2026 was . ALM Equity AB's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of ALM Equity AB was 97.86. The lowest was 5.20. And the median was 18.81.


ALM Equity AB  (FRA:I53) 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.

During the past 13 years, the highest Shiller P/E Ratio of ALM Equity AB was 97.86. The lowest was 5.20. And the median was 18.81.


Be Aware

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


ALM Equity AB E10 Related Terms


ALM Equity AB E10 Historical Data

* Premium members only.

The historical data trend for ALM Equity 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.

ALM Equity AB E10 Chart

ALM Equity AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
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ALM Equity AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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ALM Equity AB E10 Competitor Comparison

For the Real Estate - Diversified subindustry, ALM Equity 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.


ALM Equity AB Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, ALM Equity AB's Shiller PE Ratio distribution charts can be found below:

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


FRA:I53
65GF Score
ALM Equity AB FRA:I53
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALM Equity 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, ALM Equity AB'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)
=0.3841/134.6100*134.6100
=0.384

Current CPI (Jun. 2026) = 134.6100.

ALM Equity AB Quarterly Data

per share eps CPI Adj_EPS
201609 0.194 101.138 0.258
201612 1.174 102.022 1.549
201703 0.338 102.022 0.445
201706 0.507 102.752 0.664
201709 0.120 103.279 0.157
201712 1.446 103.793 1.876
201803 0.250 103.962 0.323
201806 0.265 104.875 0.340
201809 -0.145 105.679 -0.184
201812 0.236 105.912 0.300
201903 -0.111 105.886 -0.141
201906 -0.111 106.742 -0.139
201909 0.004 107.214 0.004
201912 1.769 107.766 2.209
202003 0.759 106.563 0.959
202006 -0.063 107.498 -0.079
202009 0.111 107.635 0.139
202012 0.198 108.296 0.245
202103 -0.215 108.360 -0.267
202106 -0.008 108.928 -0.010
202109 0.241 110.338 0.294
202112 30.168 112.486 36.102
202203 0.928 114.825 1.088
202206 11.627 118.384 13.221
202209 -7.121 122.296 -7.838
202212 -12.327 126.365 -13.131
202303 -0.909 127.042 -0.963
202306 -10.907 129.407 -11.345
202309 -1.434 130.224 -1.482
202312 -3.708 131.912 -3.784
202403 -2.554 132.205 -2.601
202406 0.416 132.716 0.422
202409 -3.992 132.304 -4.062
202412 -0.107 132.987 -0.109
202503 -0.997 132.825 -1.010
202506 -0.517 133.699 -0.521
202509 -0.821 133.480 -0.827
202512 0.540 133.380 0.545
202603 -0.751 133.550 -0.757
202606 0.384 134.610 0.384

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 € mean?
ALM Equity AB (FRA:I53) has a E10 of € as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ALM Equity AB and its competitors.
Is ALM Equity AB's E10 too high?
ALM Equity AB's current E10 is €. Overall, ALM Equity AB has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does ALM Equity AB's E10 compare to competitors?
ALM Equity AB's E10 of € can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 ALM Equity AB and its competitors. ALM Equity AB's current E10 is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALM Equity AB stock overvalued right now?
ALM Equity AB (FRA:I53) has a current E10 of €. The stock's GF Value™ is €4.13, compared to a current price of €3.59 — trading 13.1% below its estimated fair value. The current E10 is €. ALM Equity AB's overall GF Score™ is 65/100 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 ALM Equity AB (FRA:I53), the current E10 is € 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 ALM Equity AB (FRA:I53) Overvalued in 2026?

Based on GuruFocus' analysis, ALM Equity AB stock appears to be undervalued. The current stock price of €3.59 is trading 13.1% below its estimated GF Value™ of €4.13.

Key valuation signals for FRA:I53:

  • E10:
  • GF Value™: €4.13 vs. price of €3.59 (13.1% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the FRA:I53 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ALM Equity AB Business Description

Other Exchanges ALM PREF:SwedenALM:Sweden
Address Regeringsgatan 59, Stockholm, SWE, 111 56
ALM Equity AB is a real estate development company. The company is engaged in residential development projects, construction management, financing solutions and digital services.
65GF Score

Get the complete analysis for FRA:I53

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

€3.59
Price
€4.13
GF Value