SJF Bank AS (LTS:0RD0) E10: kr22.26 (As of Mar. 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.
Reviewed by: Charlie Tian Charlie Tian
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:0RD0 SJF Bank AS LTS:0RD0
67 GF Score
Price kr416.50
GF Value kr259.97
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is SJF Bank AS E10?

SJF Bank AS LTS:0RD0 -1.01% 67 E10 is kr22.26 as of Mar. 2026. GuruFocus rates LTS:0RD0 with a GF Score™ of 67/100 and a GF Value™ of kr259.97 (Significantly Overvalued). The stock has 8 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.

SJF Bank AS's adjusted earnings per share data for the three months ended in Mar. 2026 was kr10.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr22.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SJF Bank AS's average E10 Growth Rate was 11.40% 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.

As of today (2026-07-28), SJF Bank AS's current stock price is kr416.50. SJF Bank AS's E10 for the quarter that ended in Mar. 2026 was kr22.26. SJF Bank AS's Shiller PE Ratio of today is 18.71.

During the past 13 years, the highest Shiller PE Ratio of SJF Bank AS was 18.26. The lowest was 10.55. And the median was 14.08.


SJF Bank AS  (LTS:0RD0) 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.

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

Shiller PE Ratio=Share Price/E10
=416.50/22.26
=18.71

* 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 SJF Bank AS was 18.26. The lowest was 10.55. And the median was 14.08.


Be Aware

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


SJF Bank AS E10 Related Terms


SJF Bank AS E10 Historical Data

* Premium members only.

The historical data trend for SJF 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.

SJF Bank AS E10 Chart

SJF 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 19.73 22.01

SJF 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 20.56 21.06 21.85 22.01 22.26

SJF Bank AS E10 Competitor Comparison

For the Banks - Regional subindustry, SJF 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.


SJF Bank AS Shiller PE Ratio vs Banks Industry

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

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


LTS:0RD0
67GF Score
SJF Bank AS LTS:0RD0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SJF 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, SJF 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)
=10.8/121.6800*121.6800
=10.800

Current CPI (Mar. 2026) = 121.6800.

SJF Bank AS Quarterly Data

per share eps CPI Adj_EPS
201606 2.200 100.600 2.661
201609 3.300 100.200 4.007
201612 3.200 100.300 3.882
201703 4.700 101.200 5.651
201706 3.700 101.200 4.449
201709 4.200 101.800 5.020
201712 2.700 101.300 3.243
201803 5.000 101.700 5.982
201806 1.300 102.300 1.546
201809 2.200 102.400 2.614
201812 1.300 102.100 1.549
201903 3.800 102.900 4.494
201906 2.800 102.900 3.311
201909 2.200 102.900 2.602
201912 2.900 102.900 3.429
202003 2.200 103.300 2.591
202006 2.000 103.200 2.358
202009 4.500 103.500 5.290
202012 3.100 103.400 3.648
202103 8.000 104.300 9.333
202106 6.000 105.000 6.953
202109 5.400 105.800 6.211
202112 5.000 106.600 5.707
202203 4.400 109.900 4.872
202206 4.700 113.600 5.034
202209 5.800 116.400 6.063
202212 5.100 115.900 5.354
202303 7.100 117.300 7.365
202306 7.100 116.400 7.422
202309 7.500 117.400 7.773
202312 7.700 116.700 8.029
202403 9.700 118.400 9.969
202406 7.400 118.500 7.599
202409 9.300 118.900 9.517
202412 7.100 118.900 7.266
202503 10.300 120.200 10.427
202506 8.000 120.700 8.065
202509 9.000 121.600 9.006
202512 6.700 121.200 6.727
202603 10.800 121.680 10.800

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 kr22.26 mean?
SJF Bank AS (LTS:0RD0) has a E10 of kr22.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SJF Bank AS and its competitors.
Is SJF Bank AS's E10 too high?
SJF Bank AS's current E10 is kr22.26. Overall, SJF Bank AS has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SJF Bank AS's E10 compare to competitors?
SJF Bank AS's E10 of kr22.26 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 SJF Bank AS and its competitors. SJF Bank AS's current E10 is kr22.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SJF Bank AS stock overvalued right now?
Based on GuruFocus' analysis, SJF Bank AS (LTS:0RD0) is currently considered Significantly Overvalued. The stock's GF Value™ is kr259.97, compared to a current price of kr416.50 — trading 60.2% above its estimated fair value. The current E10 is kr22.26. SJF Bank AS's overall GF Score™ is 67/100 with 8 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 SJF Bank AS (LTS:0RD0), the current E10 is kr22.26 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 SJF Bank AS (LTS:0RD0) Overvalued in 2026?

Based on GuruFocus' analysis, SJF Bank AS stock appears to be overvalued. The current stock price of kr416.50 is trading 60.2% above its estimated GF Value™ of kr259.97. GuruFocus considers SJF Bank AS to be Significantly Overvalued.

Key valuation signals for LTS:0RD0:

  • E10: kr22.26
  • GF Value™: kr259.97 vs. price of kr416.50 (60.2% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the LTS:0RD0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SJF Bank AS Business Description

Other Exchanges SJF:Denmark4AC:Germany
Address Isefjords Alle 5, Holbaek, DNK, 4300
SJF Bank A/S provides banking products and services in Denmark. Its products and services include net banking, commercial insurance, mobile banking, rental of commercial lease, financing, insurance and pension.
67GF Score

Get the complete analysis for LTS:0RD0

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

kr416.50
Price
kr259.97
GF Value