Fynske Bank AS (LTS:0QIE) E10: kr10.85 (As of Mar. 2026)


LTS:0QIE Fynske Bank AS LTS:0QIE
66 GF Score
Price kr193.00
GF Value kr176.97
! 2 Warning Signs
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What is Fynske Bank AS E10?

Fynske Bank AS LTS:0QIE 66 E10 is kr10.85 as of Mar. 2026. GuruFocus rates LTS:0QIE with a GF Score™ of 66/100 and a GF Value™ of kr176.97. The stock has 2 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.

Fynske Bank AS's adjusted earnings per share data for the three months ended in Mar. 2026 was kr2.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr10.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fynske Bank AS's average E10 Growth Rate was 7.40% per year. During the past 3 years, the average E10 Growth Rate was 51.90% per year. During the past 5 years, the average E10 Growth Rate was 43.50% 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 Fynske Bank AS was 56.90% per year. The lowest was 11.20% per year. And the median was 52.90% per year.

As of today (2026-07-01), Fynske Bank AS's current stock price is kr193.00. Fynske Bank AS's E10 for the quarter that ended in Mar. 2026 was kr10.85. Fynske Bank AS's Shiller PE Ratio of today is 17.79.

During the past 13 years, the highest Shiller PE Ratio of Fynske Bank AS was 44.17. The lowest was 12.22. And the median was 27.83.


Fynske Bank AS  (LTS:0QIE) 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.

Fynske Bank AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=193.00/10.85
=17.79

* 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 Fynske Bank AS was 44.17. The lowest was 12.22. And the median was 27.83.


Be Aware

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


Fynske Bank AS E10 Related Terms


Fynske Bank AS E10 Historical Data

* Premium members only.

The historical data trend for Fynske Bank AS'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.

Fynske Bank AS E10 Chart

Fynske Bank AS 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 10.40

Fynske Bank AS 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 12.32 10.40 10.85

Fynske Bank AS E10 Competitor Comparison

For the Banks - Regional subindustry, Fynske Bank AS'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.


Fynske Bank AS Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Fynske Bank AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fynske Bank AS's Shiller PE Ratio falls into.


LTS:0QIE
66GF Score
Fynske Bank AS LTS:0QIE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fynske Bank AS 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, Fynske Bank AS'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)
=2.22/121.2000*121.2000
=2.220

Current CPI (Mar. 2026) = 121.2000.

Fynske Bank AS Quarterly Data

per share eps CPI Adj_EPS
201606 3.101 100.600 3.736
201609 2.383 100.200 2.882
201612 3.547 100.300 4.286
201703 3.650 101.200 4.371
201706 1.580 101.200 1.892
201709 1.940 101.800 2.310
201712 2.810 101.300 3.362
201803 6.560 101.700 7.818
201806 1.710 102.300 2.026
201809 1.890 102.400 2.237
201812 0.990 102.100 1.175
201903 3.150 102.900 3.710
201906 2.100 102.900 2.473
201909 3.550 102.900 4.181
201912 1.350 102.900 1.590
202003 -2.270 103.300 -2.663
202006 3.450 103.200 4.052
202009 2.220 103.500 2.600
202012 1.380 103.400 1.618
202103 1.770 104.300 2.057
202106 2.280 105.000 2.632
202109 2.630 105.800 3.013
202112 1.810 106.600 2.058
202203 0.230 109.900 0.254
202206 -0.680 113.600 -0.725
202209 0.820 116.400 0.854
202212 3.650 115.900 3.817
202303 5.470 117.300 5.652
202306 4.510 116.400 4.696
202309 5.620 117.400 5.802
202312 5.140 116.700 5.338
202403 5.180 118.400 5.303
202406 3.640 118.500 3.723
202409 4.460 118.900 4.546
202412 3.080 118.900 3.140
202503 3.500 120.200 3.529
202506 2.700 120.700 2.711
202509 3.650 121.600 3.638
202512 3.340 121.200 3.340
202603 2.220 121.200 2.220

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 kr10.85 mean?
Fynske Bank AS (LTS:0QIE) has a E10 of kr10.85 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fynske Bank AS and its competitors.
Is Fynske Bank AS's E10 too high?
Fynske Bank AS's current E10 is kr10.85. Overall, Fynske Bank AS has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Fynske Bank AS's E10 compare to competitors?
Fynske Bank AS's E10 of kr10.85 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Fynske Bank AS and its competitors. Fynske Bank AS's current E10 is kr10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fynske Bank AS stock overvalued right now?
Fynske Bank AS (LTS:0QIE) has a current E10 of kr10.85. The stock's GF Value™ is kr176.97, compared to a current price of kr193.00 — trading 9.1% above its estimated fair value. The current E10 is kr10.85. Fynske Bank AS's overall GF Score™ is 66/100 with 2 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 Fynske Bank AS (LTS:0QIE), the current E10 is kr10.85 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 Fynske Bank AS (LTS:0QIE) Overvalued in 2026?

Based on GuruFocus' analysis, Fynske Bank AS stock appears to be overvalued. The current stock price of kr193.00 is trading 9.1% above its estimated GF Value™ of kr176.97.

Key valuation signals for LTS:0QIE:

  • E10: kr10.85
  • GF Value™: kr176.97 vs. price of kr193.00 (9.1% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Fynske Bank AS Business Description

Other Exchanges FYNBK:Denmark
Address Cortex Park Vest 4, 1. sal, Odense, DNK, 5230
Fynske Bank AS is a well-consolidated local bank that provides financial products, advice, and related services to private customers as well as small and medium-sized businesses on Funen and in East Jutland, thereby creating development, sustainable growth, increased financial awareness, and a financial return for the local community, customers, employees, and owners. The Group is divided into the segments of leasing and traditional banking.
66GF Score

Get the complete analysis for LTS:0QIE

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

kr193.00
Price
kr176.97
GF Value