J M AB (FRA:JMM) E10: €1.95 (As of Mar. 2026)


FRA:JMM J M AB FRA:JMM
71 GF Score
Price €11.35
GF Value €9.84
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is J M AB E10?

J M AB FRA:JMM +9.56% 71 E10 is €1.95 as of Mar. 2026. GuruFocus rates FRA:JMM with a GF Score™ of 71/100 and a GF Value™ of €9.84 (Modestly Overvalued). The stock has 11 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.

J M AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.046. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, J M AB's average E10 Growth Rate was -7.60% per year. During the past 3 years, the average E10 Growth Rate was -3.30% per year. During the past 5 years, the average E10 Growth Rate was 3.30% 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 J M AB was 11.50% per year. The lowest was -3.30% per year. And the median was 9.25% per year.

As of today (2026-06-26), J M AB's current stock price is €11.35. J M AB's E10 for the quarter that ended in Mar. 2026 was €1.95. J M AB's Shiller PE Ratio of today is 5.82.

During the past 13 years, the highest Shiller PE Ratio of J M AB was 23.94. The lowest was 4.39. And the median was 10.60.


J M AB  (FRA:JMM) 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.

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

Shiller PE Ratio=Share Price/E10
=11.35/1.95
=5.82

* 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 J M AB was 23.94. The lowest was 4.39. And the median was 10.60.


Be Aware

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


J M AB E10 Related Terms


J M AB E10 Historical Data

* Premium members only.

The historical data trend for J M 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.

J M AB E10 Chart

J M 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 2.12 2.24 2.31 2.14 2.05

J M 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 2.19 2.14 2.02 2.05 1.95

FRA:JMM vs DHI, PHM, LEN: E10 Comparison

For the Residential Construction subindustry, J M 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.


J M AB Shiller PE Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, J M AB's Shiller PE Ratio distribution charts can be found below:

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


FRA:JMM
71GF Score
J M AB FRA:JMM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

J M 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, J M 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)
=0.046/133.3862*133.3862
=0.046

Current CPI (Mar. 2026) = 133.3862.

J M AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.472 101.019 0.623
201609 0.554 101.138 0.731
201612 0.680 102.022 0.889
201703 1.049 102.022 1.371
201706 0.708 102.752 0.919
201709 0.660 103.279 0.852
201712 0.876 103.793 1.126
201803 0.541 103.962 0.694
201806 0.525 104.875 0.668
201809 0.383 105.679 0.483
201812 0.535 105.912 0.674
201903 0.305 105.886 0.384
201906 0.517 106.742 0.646
201909 0.655 107.214 0.815
201912 0.582 107.766 0.720
202003 0.487 106.563 0.610
202006 0.372 107.498 0.462
202009 0.403 107.635 0.499
202012 0.845 108.296 1.041
202103 0.492 108.360 0.606
202106 0.672 108.928 0.823
202109 0.433 110.338 0.523
202112 0.954 112.486 1.131
202203 0.285 114.825 0.331
202206 0.358 118.384 0.403
202209 0.380 122.296 0.414
202212 1.019 126.365 1.076
202303 0.669 127.042 0.702
202306 0.283 129.407 0.292
202309 0.465 130.224 0.476
202312 -0.046 131.912 -0.047
202403 0.065 132.205 0.066
202406 0.226 132.716 0.227
202409 0.054 132.304 0.054
202412 0.136 132.987 0.136
202503 0.050 132.825 0.050
202506 0.107 133.699 0.107
202509 -0.046 133.482 -0.046
202512 -0.032 133.386 -0.032
202603 0.046 133.386 0.046

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 €1.95 mean?
J M AB (FRA:JMM) has a E10 of €1.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on J M AB and its competitors.
Is J M AB's E10 too high?
J M AB's current E10 is €1.95. Overall, J M AB has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does J M AB's E10 compare to DHI and PHM?
J M AB's E10 of €1.95 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good E10 depends on the Homebuilding & Construction 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 J M AB and its competitors. J M AB's current E10 is €1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J M AB stock overvalued right now?
Based on GuruFocus' analysis, J M AB (FRA:JMM) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.84, compared to a current price of €11.35 — trading 15.3% above its estimated fair value. The current E10 is €1.95. J M AB's overall GF Score™ is 71/100 with 11 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 J M AB (FRA:JMM), the current E10 is €1.95 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 J M AB (FRA:JMM) Overvalued in 2026?

Based on GuruFocus' analysis, J M AB stock appears to be overvalued. The current stock price of €11.35 is trading 15.3% above its estimated GF Value™ of €9.84. GuruFocus considers J M AB to be Modestly Overvalued.

Key valuation signals for FRA:JMM:

  • E10: €1.95
  • GF Value™: €9.84 vs. price of €11.35 (15.3% above fair value)
  • GF Score™: 71/100 with 11 warning signs

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


J M AB Business Description

Other Exchanges JM:SwedenJMs:UK0MI3:UK
Address Mathildatorget 9, Solna, Stockholm, SWE, SE-169 82
J M AB is a Nordic residential construction developer. It is focused on apartments and townhomes in metropolitan areas and university towns across Sweden, Norway, and Finland. The company has five operating segments; JM RESIDENTIAL STOCKHOLM; which develops residential projects in Greater Stockholm, also derives maximum revenue, JM RESIDENTIAL SWEDEN; which develops residential projects in growth areas in Sweden, excluding Greater Stockholm, JM NORWAY develops residential projects. JM FINLAND also develops residential projects, and JM PROPERTY DEVELOPMENT; develops rental units, residential care units, and commercial properties in Greater Stockholm.
71GF Score

Get the complete analysis for FRA:JMM

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

€11.35
Price
€9.84
GF Value