Traction AB (FRA:J2R) E10: €2.12 (As of Mar. 2026)


FRA:J2R Traction AB FRA:J2R
43 GF Score
Price €20.90
GF Value €4.62
! 4 Warning Signs
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What is Traction AB E10?

Traction AB FRA:J2R +0.48% 43 E10 is €2.12 as of Mar. 2026. GuruFocus rates FRA:J2R with a GF Score™ of 43/100 and a GF Value™ of €4.62. The stock has 4 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.

Traction AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.649. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Traction AB's average E10 Growth Rate was -4.20% per year. During the past 3 years, the average E10 Growth Rate was 3.90% per year. During the past 5 years, the average E10 Growth Rate was 9.70% 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 Traction AB was 19.70% per year. The lowest was 1.90% per year. And the median was 9.30% per year.

As of today (2026-06-26), Traction AB's current stock price is €20.90. Traction AB's E10 for the quarter that ended in Mar. 2026 was €2.12. Traction AB's Shiller PE Ratio of today is 9.86.

During the past 13 years, the highest Shiller PE Ratio of Traction AB was 17.55. The lowest was 9.30. And the median was 11.15.


Traction AB  (FRA:J2R) 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.

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

Shiller PE Ratio=Share Price/E10
=20.90/2.12
=9.86

* 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 Traction AB was 17.55. The lowest was 9.30. And the median was 11.15.


Be Aware

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


Traction AB E10 Related Terms


Traction AB E10 Historical Data

* Premium members only.

The historical data trend for Traction 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.

Traction AB E10 Chart

Traction 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 0.00 0.00

Traction 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 0.00 0.00 0.00 0.00 2.12

FRA:J2R vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Traction 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.


Traction AB Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Traction AB's Shiller PE Ratio distribution charts can be found below:

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


FRA:J2R
43GF Score
Traction AB FRA:J2R
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Traction 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, Traction 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)
=-0.649/133.3862*133.3862
=-0.649

Current CPI (Mar. 2026) = 133.3862.

Traction AB Quarterly Data

per share eps CPI Adj_EPS
201606 -0.129 101.019 -0.170
201609 1.711 101.138 2.257
201612 0.884 102.022 1.156
201703 1.193 102.022 1.560
201706 1.901 102.752 2.468
201709 0.052 103.279 0.067
201712 0.000 103.793 0.000
201803 0.241 103.962 0.309
201806 0.716 104.875 0.911
201809 0.913 105.679 1.152
201812 -2.351 105.912 -2.961
201903 0.722 105.886 0.910
201906 1.456 106.742 1.819
201909 -0.505 107.214 -0.628
201912 0.998 107.766 1.235
202003 -4.117 106.563 -5.153
202006 1.074 107.498 1.333
202009 1.751 107.635 2.170
202012 1.376 108.296 1.695
202103 3.329 108.360 4.098
202106 1.067 108.928 1.307
202109 1.314 110.338 1.588
202112 3.197 112.486 3.791
202203 -0.123 114.825 -0.143
202206 -2.351 118.384 -2.649
202209 -1.285 122.296 -1.402
202212 1.326 126.365 1.400
202303 1.272 127.042 1.336
202306 -0.153 129.407 -0.158
202309 -1.200 130.224 -1.229
202312 1.783 131.912 1.803
202403 0.766 132.205 0.773
202406 1.291 132.716 1.298
202409 0.063 132.304 0.064
202412 0.722 132.987 0.724
202503 0.363 132.825 0.365
202506 0.255 133.699 0.254
202509 -0.379 133.482 -0.379
202512 0.974 133.386 0.974
202603 -0.649 133.386 -0.649

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 €2.12 mean?
Traction AB (FRA:J2R) has a E10 of €2.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Traction AB and its competitors.
Is Traction AB's E10 too high?
Traction AB's current E10 is €2.12. Overall, Traction AB has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Traction AB's E10 compare to BLK and BX?
Traction AB's E10 of €2.12 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Traction AB and its competitors. Traction AB's current E10 is €2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Traction AB stock overvalued right now?
Traction AB (FRA:J2R) has a current E10 of €2.12. The stock's GF Value™ is €4.62, compared to a current price of €20.90 — trading 352.4% above its estimated fair value. The current E10 is €2.12. Traction AB's overall GF Score™ is 43/100 with 4 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 Traction AB (FRA:J2R), the current E10 is €2.12 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 Traction AB (FRA:J2R) Overvalued in 2026?

Based on GuruFocus' analysis, Traction AB stock appears to be overvalued. The current stock price of €20.90 is trading 352.4% above its estimated GF Value™ of €4.62.

Key valuation signals for FRA:J2R:

  • E10: €2.12
  • GF Value™: €4.62 vs. price of €20.90 (352.4% above fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the FRA:J2R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Traction AB Business Description

Other Exchanges TRAC B:Sweden
Address Birger Jarlsgatan 33, Box 3314, Stockholm, SWE, 103 66
Traction AB is a Sweden-based investment company engaged in the long-term business development of wholly and partially owned companies. Its core objective is to realize a good return on capital. Its activities are divided into three business divisions: Customer relationships, providing customer-focused business models; Capital flows, offering cost control; and Risk management, including sharing and reducing risk factors. Traction AB invests in listed active holdings, such as BE Group, Drillcon, Duroc, Hifab Group, Nordic Camping and Resort, OEM International, PartnerTech, Softronic, and SwitchCore, as well as in unlisted active entities, including Banking Automation, Modular Streams, Recco Holding, and Silicon.
43GF Score

Get the complete analysis for FRA:J2R

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

€20.90
Price
€4.62
GF Value