Storebrand ASA (HAM:SKT) E10: €0.73 (As of Jun. 2026)

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HAM:SKT Storebrand ASA HAM:SKT
36 GF Score
Price €18.29
! 6 Warning Signs
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What is Storebrand ASA E10?

Storebrand ASA HAM:SKT +0.27% 36 E10 is €0.73 as of Jun. 2026. GuruFocus rates HAM:SKT with a GF Score™ of 36/100. The stock has 6 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.

Storebrand ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.306. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.73 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Storebrand ASA's average E10 Growth Rate was 11.30% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 11.20% 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 Storebrand ASA was 11.20% per year. The lowest was 8.00% per year. And the median was 9.70% per year.

As of today (2026-07-24), Storebrand ASA's current stock price is €18.29. Storebrand ASA's E10 for the quarter that ended in Jun. 2026 was €0.73. Storebrand ASA's Shiller PE Ratio of today is 25.05.

During the past 13 years, the highest Shiller PE Ratio of Storebrand ASA was 23.69. The lowest was 8.30. And the median was 16.10.


Storebrand ASA  (HAM:SKT) 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.

Storebrand ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.29/0.73
=25.05

* 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 Storebrand ASA was 23.69. The lowest was 8.30. And the median was 16.10.


Be Aware

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


Storebrand ASA E10 Related Terms


Storebrand ASA E10 Historical Data

* Premium members only.

The historical data trend for Storebrand ASA'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.

Storebrand ASA E10 Chart

Storebrand ASA 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 0.68

Storebrand ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.68 0.73 0.73

HAM:SKT vs VOYA, FRHC: E10 Comparison

For the Financial Conglomerates subindustry, Storebrand ASA'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.


Storebrand ASA Shiller PE Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Storebrand ASA's Shiller PE Ratio falls into.


HAM:SKT
36GF Score
Storebrand ASA HAM:SKT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Storebrand ASA 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, Storebrand ASA'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)
=0.306/141.8500*141.8500
=0.306

Current CPI (Jun. 2026) = 141.8500.

Storebrand ASA Quarterly Data

per share eps CPI Adj_EPS
201609 0.107 104.200 0.146
201612 0.166 104.400 0.226
201703 0.113 105.000 0.153
201706 0.175 105.800 0.235
201709 0.166 105.900 0.222
201712 0.103 106.100 0.138
201803 0.162 107.300 0.214
201806 0.132 108.500 0.173
201809 0.116 109.500 0.150
201812 0.404 109.800 0.522
201903 0.108 110.400 0.139
201906 0.098 110.600 0.126
201909 0.099 111.100 0.126
201912 0.143 111.300 0.182
202003 0.049 111.200 0.063
202006 0.089 112.100 0.113
202009 0.151 112.900 0.190
202012 0.176 112.900 0.221
202103 0.093 114.600 0.115
202106 0.247 115.300 0.304
202109 0.126 117.500 0.152
202112 0.192 118.900 0.229
202203 0.231 119.800 0.274
202206 0.097 122.600 0.112
202209 0.075 125.600 0.085
202212 0.098 125.900 0.110
202303 0.200 127.600 0.222
202306 0.150 130.400 0.163
202309 0.109 129.800 0.119
202312 0.179 131.900 0.193
202403 0.174 132.600 0.186
202406 0.425 133.800 0.451
202409 0.215 133.700 0.228
202412 0.261 134.800 0.275
202503 0.196 136.100 0.204
202506 0.241 137.800 0.248
202509 0.265 138.500 0.271
202512 0.301 139.100 0.307
202603 0.124 141.030 0.125
202606 0.306 141.850 0.306

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 €0.73 mean?
Storebrand ASA (HAM:SKT) has a E10 of €0.73 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Storebrand ASA and its competitors.
Is Storebrand ASA's E10 too high?
Storebrand ASA's current E10 is €0.73. Overall, Storebrand ASA has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Storebrand ASA's E10 compare to VOYA and FRHC?
Storebrand ASA's E10 of €0.73 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good E10 depends on the Diversified Financial Services 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 Storebrand ASA and its competitors. Storebrand ASA's current E10 is €0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storebrand ASA stock overvalued right now?
Storebrand ASA (HAM:SKT) has a current E10 of €0.73. The current E10 is €0.73. Storebrand ASA's overall GF Score™ is 36/100 with 6 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 Storebrand ASA (HAM:SKT), the current E10 is €0.73 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.

Storebrand ASA Business Description

Address Professor Kohts vei 9, P.O. Box 500, Lysaker, Oslo, NOR, 1327
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into four segments Savings, Insurance, Guaranteed Pension, and Others. The Savings segment includes products for retirement savings with no interest rate guarantees which defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The Insurance segment provides risk products in Norway and Sweden, it provides health, property and casualty, personal risk products, and others. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return. Other segment consists of other companies within the Storebrand Group, including smaller subsidiaries of Storebrand Livsforsikring and SPP.
36GF Score

Get the complete analysis for HAM:SKT

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

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