L E Lundbergforetagen AB (MIL:1LUND) E10: €3.23 (As of Mar. 2026)


MIL:1LUND L E Lundbergforetagen AB MIL:1LUND
72 GF Score
Price €49.38
GF Value €44.50
! 7 Warning Signs
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What is L E Lundbergforetagen AB E10?

L E Lundbergforetagen AB MIL:1LUND 72 E10 is €3.23 as of Mar. 2026. GuruFocus rates MIL:1LUND with a GF Score™ of 72/100 and a GF Value™ of €44.50. 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.

L E Lundbergforetagen AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.779. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, L E Lundbergforetagen AB's average E10 Growth Rate was 1.40% per year. During the past 3 years, the average E10 Growth Rate was 6.70% per year. During the past 5 years, the average E10 Growth Rate was 7.90% 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 L E Lundbergforetagen AB was 12.10% per year. The lowest was 6.70% per year. And the median was 7.50% per year.

As of today (2026-06-29), L E Lundbergforetagen AB's current stock price is €49.38. L E Lundbergforetagen AB's E10 for the quarter that ended in Mar. 2026 was €3.23. L E Lundbergforetagen AB's Shiller PE Ratio of today is 15.29.

During the past 13 years, the highest Shiller PE Ratio of L E Lundbergforetagen AB was 24.59. The lowest was 12.37. And the median was 16.06.


L E Lundbergforetagen AB  (MIL:1LUND) 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.

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

Shiller PE Ratio=Share Price/E10
=49.38/3.23
=15.29

* 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 L E Lundbergforetagen AB was 24.59. The lowest was 12.37. And the median was 16.06.


Be Aware

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


L E Lundbergforetagen AB E10 Related Terms


L E Lundbergforetagen AB E10 Historical Data

* Premium members only.

The historical data trend for L E Lundbergforetagen 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.

L E Lundbergforetagen AB E10 Chart

L E Lundbergforetagen 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 0.00 0.00 0.00 0.00 0.00

L E Lundbergforetagen 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 0.00 0.00 0.00 0.00 3.23

MIL:1LUND vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, L E Lundbergforetagen 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.


L E Lundbergforetagen AB Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, L E Lundbergforetagen AB's Shiller PE Ratio distribution charts can be found below:

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


MIL:1LUND
72GF Score
L E Lundbergforetagen AB MIL:1LUND
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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L E Lundbergforetagen 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, L E Lundbergforetagen 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)
=1.779/133.3862*133.3862
=1.779

Current CPI (Mar. 2026) = 133.3862.

L E Lundbergforetagen AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.552 101.019 0.729
201609 1.042 101.138 1.374
201612 0.991 102.022 1.296
201703 1.154 102.022 1.509
201706 0.828 102.752 1.075
201709 0.411 103.279 0.531
201712 0.397 103.793 0.510
201803 0.554 103.962 0.711
201806 0.879 104.875 1.118
201809 0.712 105.679 0.899
201812 -0.742 105.912 -0.934
201903 1.474 105.886 1.857
201906 0.808 106.742 1.010
201909 0.162 107.214 0.202
201912 2.127 107.766 2.633
202003 -1.057 106.563 -1.323
202006 0.998 107.498 1.238
202009 0.656 107.635 0.813
202012 0.853 108.296 1.051
202103 1.776 108.360 2.186
202106 0.699 108.928 0.856
202109 -0.091 110.338 -0.110
202112 2.106 112.486 2.497
202203 -0.757 114.825 -0.879
202206 -0.115 118.384 -0.130
202209 -0.141 122.296 -0.154
202212 1.529 126.365 1.614
202303 1.070 127.042 1.123
202306 0.309 129.407 0.319
202309 0.036 130.224 0.037
202312 1.183 131.912 1.196
202403 1.541 132.205 1.555
202406 -0.136 132.716 -0.137
202409 0.762 132.304 0.768
202412 0.074 132.987 0.074
202503 1.160 132.825 1.165
202506 0.644 133.699 0.642
202509 0.907 133.482 0.906
202512 1.739 133.386 1.739
202603 1.779 133.386 1.779

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 €3.23 mean?
L E Lundbergforetagen AB (MIL:1LUND) has a E10 of €3.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on L E Lundbergforetagen AB and its competitors.
Is L E Lundbergforetagen AB's E10 too high?
L E Lundbergforetagen AB's current E10 is €3.23. Overall, L E Lundbergforetagen AB has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does L E Lundbergforetagen AB's E10 compare to HON and MMM?
L E Lundbergforetagen AB's E10 of €3.23 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 L E Lundbergforetagen AB and its competitors. L E Lundbergforetagen AB's current E10 is €3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L E Lundbergforetagen AB stock overvalued right now?
L E Lundbergforetagen AB (MIL:1LUND) has a current E10 of €3.23. The stock's GF Value™ is €44.50, compared to a current price of €49.38 — trading 11% above its estimated fair value. The current E10 is €3.23. L E Lundbergforetagen AB's overall GF Score™ is 72/100 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 L E Lundbergforetagen AB (MIL:1LUND), the current E10 is €3.23 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 L E Lundbergforetagen AB (MIL:1LUND) Overvalued in 2026?

Based on GuruFocus' analysis, L E Lundbergforetagen AB stock appears to be overvalued. The current stock price of €49.38 is trading 11% above its estimated GF Value™ of €44.50.

Key valuation signals for MIL:1LUND:

  • E10: €3.23
  • GF Value™: €44.50 vs. price of €49.38 (11% above fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the MIL:1LUND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L E Lundbergforetagen AB Business Description

Address Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.
72GF Score

Get the complete analysis for MIL:1LUND

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

€49.38
Price
€44.50
GF Value