Gold Town Games AB (NGM:GTG) E10: kr-2.14 (As of Mar. 2026)


NGM:GTG Gold Town Games AB NGM:GTG
32 GF Score
Price kr0.47
GF Value kr0.35
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Gold Town Games AB E10?

Gold Town Games AB NGM:GTG +0.21% 32 E10 is kr-2.14 as of Mar. 2026. GuruFocus rates NGM:GTG with a GF Score™ of 32/100 and a GF Value™ of kr0.35 (Significantly Overvalued). 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.

Gold Town Games AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr-0.045. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-2.14 for the trailing ten years ended in Mar. 2026.

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 (2026-06-27), Gold Town Games AB's current stock price is kr0.47. Gold Town Games AB's E10 for the quarter that ended in Mar. 2026 was kr-2.14. Gold Town Games AB's Shiller PE Ratio of today is .


Gold Town Games AB  (NGM:GTG) 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.


Be Aware

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


Gold Town Games AB E10 Related Terms


Gold Town Games AB E10 Historical Data

* Premium members only.

The historical data trend for Gold Town Games 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.

Gold Town Games AB E10 Chart

Gold Town Games 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 -2.30

Gold Town Games 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 -2.33 0.00 -2.30 -2.14

NGM:GTG vs NTES, EA, TTWO: E10 Comparison

For the Electronic Gaming & Multimedia subindustry, Gold Town Games 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.


Gold Town Games AB Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gold Town Games AB's Shiller PE Ratio distribution charts can be found below:

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


NGM:GTG
32GF Score
Gold Town Games AB NGM:GTG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Town Games 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, Gold Town Games 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)
=-0.045/133.3862*133.3862
=-0.045

Current CPI (Mar. 2026) = 133.3862.

Gold Town Games AB Quarterly Data

per share eps CPI Adj_EPS
201606 -0.352 101.019 -0.465
201609 -0.564 101.138 -0.744
201612 -1.016 102.022 -1.328
201703 -0.657 102.022 -0.859
201706 -0.952 102.752 -1.236
201709 -0.635 103.279 -0.820
201712 -1.095 103.793 -1.407
201803 -0.833 103.962 -1.069
201806 -0.536 104.875 -0.682
201809 -0.238 105.679 -0.300
201812 -0.773 105.912 -0.974
201903 -0.374 105.886 -0.471
201906 -0.830 106.742 -1.037
201909 -0.374 107.214 -0.465
201912 -0.374 107.766 -0.463
202003 -0.624 106.563 -0.781
202006 -0.499 107.498 -0.619
202009 0.998 107.635 1.237
202012 -0.323 108.296 -0.398
202103 -0.451 108.360 -0.555
202106 1.029 108.928 1.260
202109 -0.258 110.338 -0.312
202112 -0.171 112.486 -0.203
202203 1.031 114.825 1.198
202206 -0.387 118.384 -0.436
202209 -0.580 122.296 -0.633
202212 -0.709 126.365 -0.748
202303 -0.662 127.042 -0.695
202306 -0.861 129.407 -0.887
202309 -0.331 130.224 -0.339
202312 -4.833 131.912 -4.887
202403 -0.451 132.205 -0.455
202406 -0.199 132.716 -0.200
202409 -0.181 132.304 -0.182
202412 -0.172 132.987 -0.173
202503 -0.018 132.825 -0.018
202506 0.361 133.699 0.360
202509 0.000 133.482 0.000
202512 -0.054 133.386 -0.054
202603 -0.045 133.386 -0.045

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 kr-2.14 mean?
Gold Town Games AB (NGM:GTG) has a E10 of kr-2.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gold Town Games AB and its competitors.
Is Gold Town Games AB's E10 too high?
Gold Town Games AB's current E10 is kr-2.14. Overall, Gold Town Games AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Town Games AB's E10 compare to NTES and EA?
Gold Town Games AB's E10 of kr-2.14 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good E10 depends on the Interactive Media 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 Gold Town Games AB and its competitors. Gold Town Games AB's current E10 is kr-2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Town Games AB stock overvalued right now?
Based on GuruFocus' analysis, Gold Town Games AB (NGM:GTG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.35, compared to a current price of kr0.47 — trading 34.3% above its estimated fair value. The current E10 is kr-2.14. Gold Town Games AB's overall GF Score™ is 32/100 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 Gold Town Games AB (NGM:GTG), the current E10 is kr-2.14 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 Gold Town Games AB (NGM:GTG) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Town Games AB stock appears to be overvalued. The current stock price of kr0.47 is trading 34.3% above its estimated GF Value™ of kr0.35. GuruFocus considers Gold Town Games AB to be Significantly Overvalued.

Key valuation signals for NGM:GTG:

  • E10: kr-2.14
  • GF Value™: kr0.35 vs. price of kr0.47 (34.3% above fair value)
  • GF Score™: 32/100 with 2 warning signs

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


Gold Town Games AB Business Description

Address Storgatan 53, Skelleftea, SWE, 931 31
Gold Town Games AB is a mobile games company. The company is engaged in the development, marketing and sales of mobile games, as well as carry out related activities. It has developed a hockey manager game for mobile platforms.
32GF Score

Get the complete analysis for NGM:GTG

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

kr0.47
Price
kr0.35
GF Value