Svenska Handelsbanken AB (LTS:0R7R) E10: kr11.98 (As of Mar. 2026)


LTS:0R7R Svenska Handelsbanken AB LTS:0R7R
61 GF Score
Price kr143.80
GF Value kr104.41
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Svenska Handelsbanken AB E10?

Svenska Handelsbanken AB LTS:0R7R -0.21% 61 E10 is kr11.98 as of Mar. 2026. GuruFocus rates LTS:0R7R with a GF Score™ of 61/100 and a GF Value™ of kr104.41 (Significantly Overvalued). 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.

Svenska Handelsbanken AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr3.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr11.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Svenska Handelsbanken AB's average E10 Growth Rate was 1.20% per year. During the past 3 years, the average E10 Growth Rate was 4.70% per year. During the past 5 years, the average E10 Growth Rate was 7.70% 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 Svenska Handelsbanken AB was 10.30% per year. The lowest was 4.70% per year. And the median was 8.15% per year.

As of today (2026-07-11), Svenska Handelsbanken AB's current stock price is kr143.80. Svenska Handelsbanken AB's E10 for the quarter that ended in Mar. 2026 was kr11.98. Svenska Handelsbanken AB's Shiller PE Ratio of today is 12.00.

During the past 13 years, the highest Shiller PE Ratio of Svenska Handelsbanken AB was 12.49. The lowest was 8.26. And the median was 10.28.


Svenska Handelsbanken AB  (LTS:0R7R) 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.

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

Shiller PE Ratio=Share Price/E10
=143.80/11.98
=12.00

* 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 Svenska Handelsbanken AB was 12.49. The lowest was 8.26. And the median was 10.28.


Be Aware

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


Svenska Handelsbanken AB E10 Related Terms


Svenska Handelsbanken AB E10 Historical Data

* Premium members only.

The historical data trend for Svenska Handelsbanken 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.

Svenska Handelsbanken AB E10 Chart

Svenska Handelsbanken 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 8.93 10.40 11.26 11.68 11.82

Svenska Handelsbanken 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 11.73 11.76 11.82 11.82 11.98

LTS:0R7R vs JPM, BAC, WFC: E10 Comparison

For the Banks - Diversified subindustry, Svenska Handelsbanken 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.


Svenska Handelsbanken AB Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Svenska Handelsbanken AB's Shiller PE Ratio distribution charts can be found below:

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


LTS:0R7R
61GF Score
Svenska Handelsbanken AB LTS:0R7R
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Svenska Handelsbanken 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, Svenska Handelsbanken 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)
=3.21/133.5600*133.5600
=3.210

Current CPI (Mar. 2026) = 133.5600.

Svenska Handelsbanken AB Quarterly Data

per share eps CPI Adj_EPS
201606 2.150 101.019 2.843
201609 2.320 101.138 3.064
201612 1.760 102.022 2.304
201703 2.100 102.022 2.749
201706 2.060 102.752 2.678
201709 2.130 103.279 2.755
201712 1.910 103.793 2.458
201803 2.040 103.962 2.621
201806 2.660 104.875 3.388
201809 2.090 105.679 2.641
201812 2.040 105.912 2.573
201903 2.420 105.886 3.052
201906 2.140 106.742 2.678
201909 1.810 107.214 2.255
201912 2.220 107.766 2.751
202003 1.990 106.563 2.494
202006 2.000 107.498 2.485
202009 1.680 107.635 2.085
202012 2.210 108.296 2.726
202103 2.210 108.360 2.724
202106 2.390 108.928 2.930
202109 2.620 110.338 3.171
202112 2.640 112.486 3.135
202203 2.870 114.825 3.338
202206 2.130 118.384 2.403
202209 2.925 122.296 3.194
202212 3.020 126.365 3.192
202303 3.440 127.042 3.617
202306 3.587 129.407 3.702
202309 4.015 130.224 4.118
202312 3.657 131.912 3.703
202403 3.330 132.205 3.364
202406 3.430 132.716 3.452
202409 3.640 132.304 3.675
202412 3.457 132.987 3.472
202503 3.190 132.825 3.208
202506 2.770 133.699 2.767
202509 3.000 133.480 3.002
202512 3.010 133.390 3.014
202603 3.210 133.560 3.210

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 kr11.98 mean?
Svenska Handelsbanken AB (LTS:0R7R) has a E10 of kr11.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Svenska Handelsbanken AB and its competitors.
Is Svenska Handelsbanken AB's E10 too high?
Svenska Handelsbanken AB's current E10 is kr11.98. Overall, Svenska Handelsbanken AB has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Svenska Handelsbanken AB's E10 compare to JPM and BAC?
Svenska Handelsbanken AB's E10 of kr11.98 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 Svenska Handelsbanken AB and its competitors. Svenska Handelsbanken AB's current E10 is kr11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Svenska Handelsbanken AB stock overvalued right now?
Based on GuruFocus' analysis, Svenska Handelsbanken AB (LTS:0R7R) is currently considered Significantly Overvalued. The stock's GF Value™ is kr104.41, compared to a current price of kr143.80 — trading 37.7% above its estimated fair value. The current E10 is kr11.98. Svenska Handelsbanken AB's overall GF Score™ is 61/100 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 Svenska Handelsbanken AB (LTS:0R7R), the current E10 is kr11.98 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 Svenska Handelsbanken AB (LTS:0R7R) Overvalued in 2026?

Based on GuruFocus' analysis, Svenska Handelsbanken AB stock appears to be overvalued. The current stock price of kr143.80 is trading 37.7% above its estimated GF Value™ of kr104.41. GuruFocus considers Svenska Handelsbanken AB to be Significantly Overvalued.

Key valuation signals for LTS:0R7R:

  • E10: kr11.98
  • GF Value™: kr104.41 vs. price of kr143.80 (37.7% above fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the LTS:0R7R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Svenska Handelsbanken AB Business Description

Address Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the UK and the Netherlands. Handelsbanken generates about three-fourths of its income from its interest-spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.
61GF Score

Get the complete analysis for LTS:0R7R

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

kr143.80
Price
kr104.41
GF Value