Investor AB (LTS:0NC6) E10: kr16.20 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0NC6 Investor AB LTS:0NC6
50 GF Score
Price kr189.28
GF Value kr231.53
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Investor AB E10?

Investor AB LTS:0NC6 50 E10 is kr16.20 as of Jun. 2026. GuruFocus rates LTS:0NC6 with a GF Score™ of 50/100 and a GF Value™ of kr231.53 (Modestly Undervalued). The stock has 7 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.

Investor AB's adjusted earnings per share data for the three months ended in Jun. 2026 was kr38.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr16.20 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Investor AB's average E10 Growth Rate was 37.80% per year. During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 14.20% 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 Investor AB was 28.10% per year. The lowest was 5.40% per year. And the median was 15.40% per year.

As of today (2026-07-22), Investor AB's current stock price is kr189.28. Investor AB's E10 for the quarter that ended in Jun. 2026 was kr16.20. Investor AB's Shiller PE Ratio of today is 11.68.

During the past 13 years, the highest Shiller PE Ratio of Investor AB was 13.48. The lowest was 8.07. And the median was 10.96.


Investor AB  (LTS:0NC6) 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.

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

Shiller PE Ratio=Share Price/E10
=189.28/16.20
=11.68

* 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 Investor AB was 13.48. The lowest was 8.07. And the median was 10.96.


Be Aware

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


Investor AB E10 Related Terms


Investor AB E10 Historical Data

* Premium members only.

The historical data trend for Investor 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.

Investor AB E10 Chart

Investor 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 16.39 18.95 18.41 15.69 16.51

Investor AB 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 16.64 17.73 16.51 16.24 16.20

LTS:0NC6 vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Investor 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.


Investor AB Shiller PE Ratio vs Asset Management Industry

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

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


LTS:0NC6
50GF Score
Investor AB LTS:0NC6
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Investor 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, Investor 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)
=38.26/134.1100*134.1100
=38.260

Current CPI (Jun. 2026) = 134.1100.

Investor AB Quarterly Data

per share eps CPI Adj_EPS
201609 10.053 101.138 13.330
201612 3.000 102.022 3.944
201703 9.935 102.022 13.060
201706 3.115 102.752 4.066
201709 1.755 103.279 2.279
201712 -0.330 103.793 -0.426
201803 1.440 103.962 1.858
201806 4.188 104.875 5.355
201809 8.360 105.679 10.609
201812 -14.738 105.912 -18.662
201903 9.410 105.886 11.918
201906 5.900 106.742 7.413
201909 6.730 107.214 8.418
201912 11.010 107.766 13.701
202003 -15.160 106.563 -19.079
202006 21.010 107.498 26.211
202009 8.870 107.635 11.052
202012 2.498 108.296 3.093
202103 28.790 108.360 35.632
202106 10.370 108.928 12.767
202109 8.800 110.338 10.696
202112 26.460 112.486 31.547
202203 -22.550 114.825 -26.337
202206 -21.380 118.384 -24.220
202209 2.730 122.296 2.994
202212 16.820 126.365 17.851
202303 10.720 127.042 11.316
202306 14.800 129.407 15.338
202309 -3.620 130.224 -3.728
202312 19.560 131.912 19.886
202403 21.870 132.205 22.185
202406 21.270 132.716 21.493
202409 4.180 132.304 4.237
202412 -10.350 132.987 -10.437
202503 -0.990 132.825 -1.000
202506 14.780 133.699 14.825
202509 19.520 133.480 19.612
202512 18.070 133.390 18.168
202603 9.820 133.560 9.860
202606 38.260 134.110 38.260

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 kr16.20 mean?
Investor AB (LTS:0NC6) has a E10 of kr16.20 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Investor AB and its competitors.
Is Investor AB's E10 too high?
Investor AB's current E10 is kr16.20. Overall, Investor AB has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Investor AB's E10 compare to BLK and BX?
Investor AB's E10 of kr16.20 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 Investor AB and its competitors. Investor AB's current E10 is kr16.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investor AB stock overvalued right now?
Based on GuruFocus' analysis, Investor AB (LTS:0NC6) is currently considered Modestly Undervalued. The stock's GF Value™ is kr231.53, compared to a current price of kr189.28 — trading 18.2% below its estimated fair value. The current E10 is kr16.20. Investor AB's overall GF Score™ is 50/100 with 7 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 Investor AB (LTS:0NC6), the current E10 is kr16.20 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 Investor AB (LTS:0NC6) Overvalued in 2026?

Based on GuruFocus' analysis, Investor AB stock appears to be undervalued. The current stock price of kr189.28 is trading 18.2% below its estimated GF Value™ of kr231.53. GuruFocus considers Investor AB to be Modestly Undervalued.

Key valuation signals for LTS:0NC6:

  • E10: kr16.20
  • GF Value™: kr231.53 vs. price of kr189.28 (18.2% below fair value)
  • GF Score™: 50/100 with 7 warning signs

No single metric tells the full story. See the LTS:0NC6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Investor AB Business Description

Address Arsenalsgatan 8C, Stockholm, SWE, 103 32
Investor AB is an industrial holding company with a long-term, active investment portfolio plan. Its operations are divided into three business areas: Listed Companies, Patricia Industries, and Investments in EQT. The majority of the company's revenue is generated from dividends and changes in the value of its investment in other listed companies. Geographically, it generates the maximum revenue from the United States, with the remainder coming from Sweden, the United Kingdom, France, Germany, South America, Africa, and other regions.
50GF Score

Get the complete analysis for LTS:0NC6

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

kr189.28
Price
kr231.53
GF Value