Smart Eye AB (FRA:SE9) E10: €-0.50 (As of Mar. 2026)


FRA:SE9 Smart Eye AB FRA:SE9
79 GF Score
Price €7.35
GF Value €8.68
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Smart Eye AB E10?

Smart Eye AB FRA:SE9 -1.48% 79 E10 is €-0.50 as of Mar. 2026. GuruFocus rates FRA:SE9 with a GF Score™ of 79/100 and a GF Value™ of €8.68 (Modestly Undervalued). The stock has 1 warning sign 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.

Smart Eye AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.50 for the trailing ten years ended in Mar. 2026.

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 (2026-06-28), Smart Eye AB's current stock price is €7.345. Smart Eye AB's E10 for the quarter that ended in Mar. 2026 was €-0.50. Smart Eye AB's Shiller PE Ratio of today is .


Smart Eye AB  (FRA:SE9) 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.


Be Aware

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


Smart Eye AB E10 Related Terms


Smart Eye AB E10 Historical Data

* Premium members only.

The historical data trend for Smart Eye 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.

Smart Eye AB E10 Chart

Smart Eye 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 -0.51

Smart Eye 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 -0.51 -0.48 -0.51 -0.50

FRA:SE9 vs CRM, SHOP, UBER: E10 Comparison

For the Software - Application subindustry, Smart Eye 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.


Smart Eye AB Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Smart Eye AB's Shiller PE Ratio distribution charts can be found below:

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


FRA:SE9
79GF Score
Smart Eye AB FRA:SE9
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smart Eye 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, Smart Eye 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)
=-0.055/133.3862*133.3862
=-0.055

Current CPI (Mar. 2026) = 133.3862.

Smart Eye AB Quarterly Data

per share eps CPI Adj_EPS
201606 -0.037 101.019 -0.049
201609 -0.042 101.138 -0.055
201612 0.010 102.022 0.013
201703 -0.080 102.022 -0.105
201706 -0.079 102.752 -0.103
201709 -0.071 103.279 -0.092
201712 -0.123 103.793 -0.158
201803 -0.112 103.962 -0.144
201806 -0.121 104.875 -0.154
201809 -0.058 105.679 -0.073
201812 -0.095 105.912 -0.120
201903 -0.131 105.886 -0.165
201906 -0.125 106.742 -0.156
201909 -0.119 107.214 -0.148
201912 -0.181 107.766 -0.224
202003 -0.109 106.563 -0.136
202006 -0.117 107.498 -0.145
202009 -0.066 107.635 -0.082
202012 -0.066 108.296 -0.081
202103 -0.088 108.360 -0.108
202106 -0.089 108.928 -0.109
202109 -0.187 110.338 -0.226
202112 -0.161 112.486 -0.191
202203 -0.261 114.825 -0.303
202206 -0.275 118.384 -0.310
202209 -0.328 122.296 -0.358
202212 -0.344 126.365 -0.363
202303 -0.208 127.042 -0.218
202306 -0.166 129.407 -0.171
202309 -0.148 130.224 -0.152
202312 0.335 131.912 0.339
202403 -0.135 132.205 -0.136
202406 -0.129 132.716 -0.130
202409 -0.129 132.304 -0.130
202412 -0.155 132.987 -0.155
202503 -0.134 132.825 -0.135
202506 -0.091 133.699 -0.091
202509 -0.074 133.482 -0.074
202512 -0.120 133.386 -0.120
202603 -0.055 133.386 -0.055

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 €-0.50 mean?
Smart Eye AB (FRA:SE9) has a E10 of €-0.50 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Smart Eye AB and its competitors.
Is Smart Eye AB's E10 too high?
Smart Eye AB's current E10 is €-0.50. Overall, Smart Eye AB has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smart Eye AB's E10 compare to CRM and SHOP?
Smart Eye AB's E10 of €-0.50 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Smart Eye AB and its competitors. Smart Eye AB's current E10 is €-0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Eye AB stock overvalued right now?
Based on GuruFocus' analysis, Smart Eye AB (FRA:SE9) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.68, compared to a current price of €7.35 — trading 15.4% below its estimated fair value. The current E10 is €-0.50. Smart Eye AB's overall GF Score™ is 79/100 with 1 warning sign 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 Smart Eye AB (FRA:SE9), the current E10 is €-0.50 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 Smart Eye AB (FRA:SE9) Overvalued in 2026?

Based on GuruFocus' analysis, Smart Eye AB stock appears to be undervalued. The current stock price of €7.35 is trading 15.4% below its estimated GF Value™ of €8.68. GuruFocus considers Smart Eye AB to be Modestly Undervalued.

Key valuation signals for FRA:SE9:

  • E10: €-0.50
  • GF Value™: €8.68 vs. price of €7.35 (15.4% below fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the FRA:SE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smart Eye AB Business Description

Address Masthamnsgatan 3, Level 3, Gothenburg, SWE, SE-413 29
Smart Eye AB is a provider of Human Insight AI, offering technology that understands, supports, and predicts human behavior in complex environments. The Company delivers multimodal software and hardware solutions that provide deep insights into human behavior. In the automotive sector, its driver monitoring systems and interior sensing solutions enhance road safety and improve the mobility experience. Its eye tracking technology and iMotions biosensor software platform are also used in behavioral research across academic and commercial sectors.
79GF Score

Get the complete analysis for FRA:SE9

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

€7.35
Price
€8.68
GF Value