Alandsbanken ABP (OHEL:ALBAV) E10: €2.63 (As of Jun. 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.

OHEL:ALBAV Alandsbanken ABP OHEL:ALBAV
62 GF Score
Price €45.80
GF Value €39.56
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Alandsbanken ABP E10?

Alandsbanken ABP OHEL:ALBAV -0.22% 62 E10 is €2.63 as of Jun. 2026. GuruFocus rates OHEL:ALBAV with a GF Score™ of 62/100 and a GF Value™ of €39.56 (Modestly Overvalued). The stock has 3 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.

Alandsbanken ABP's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.63 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Alandsbanken ABP's average E10 Growth Rate was 9.10% per year. During the past 3 years, the average E10 Growth Rate was 11.80% per year. During the past 5 years, the average E10 Growth Rate was 16.60% 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 Alandsbanken ABP was 25.30% per year. The lowest was 8.90% per year. And the median was 16.00% per year.

As of today (2026-07-24), Alandsbanken ABP's current stock price is €45.80. Alandsbanken ABP's E10 for the quarter that ended in Jun. 2026 was €2.63. Alandsbanken ABP's Shiller PE Ratio of today is 17.41.

During the past 13 years, the highest Shiller PE Ratio of Alandsbanken ABP was 26.43. The lowest was 13.85. And the median was 17.66.


Alandsbanken ABP  (OHEL:ALBAV) 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.

Alandsbanken ABP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=45.80/2.63
=17.41

* 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 Alandsbanken ABP was 26.43. The lowest was 13.85. And the median was 17.66.


Be Aware

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


Alandsbanken ABP E10 Related Terms


Alandsbanken ABP E10 Historical Data

* Premium members only.

The historical data trend for Alandsbanken ABP'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.

Alandsbanken ABP E10 Chart

Alandsbanken ABP 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 1.51 1.79 2.12 2.34 2.50

Alandsbanken ABP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.41 2.46 2.50 2.58 2.63

OHEL:ALBAV vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Alandsbanken ABP'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.


Alandsbanken ABP Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Alandsbanken ABP's Shiller PE Ratio falls into.


OHEL:ALBAV
62GF Score
Alandsbanken ABP OHEL:ALBAV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alandsbanken ABP 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, Alandsbanken ABP's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.62/125.3800*125.3800
=0.620

Current CPI (Jun. 2026) = 125.3800.

Alandsbanken ABP Quarterly Data

per share eps CPI Adj_EPS
201609 0.320 100.540 0.399
201612 0.320 101.020 0.397
201703 0.340 100.910 0.422
201706 0.250 101.140 0.310
201709 0.380 101.320 0.470
201712 0.340 101.510 0.420
201803 0.260 101.730 0.320
201806 0.420 102.320 0.515
201809 0.390 102.600 0.477
201812 0.400 102.710 0.488
201903 0.300 102.870 0.366
201906 0.450 103.360 0.546
201909 0.490 103.540 0.593
201912 0.460 103.650 0.556
202003 0.350 103.490 0.424
202006 0.500 103.320 0.607
202009 0.550 103.710 0.665
202012 0.630 103.890 0.760
202103 0.550 104.870 0.658
202106 0.720 105.360 0.857
202109 0.770 106.290 0.908
202112 0.510 107.490 0.595
202203 0.710 110.950 0.802
202206 0.540 113.570 0.596
202209 0.570 114.920 0.622
202212 0.550 117.320 0.588
202303 0.410 119.750 0.429
202306 0.740 120.690 0.769
202309 0.980 121.280 1.013
202312 1.050 121.540 1.083
202403 0.890 122.360 0.912
202406 0.820 122.230 0.841
202409 0.890 122.260 0.913
202412 0.800 122.390 0.820
202503 0.950 123.010 0.968
202506 0.900 122.530 0.921
202509 0.850 122.880 0.867
202512 0.840 122.670 0.859
202603 0.910 124.670 0.915
202606 0.620 125.380 0.620

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 €2.63 mean?
Alandsbanken ABP (OHEL:ALBAV) has a E10 of €2.63 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Alandsbanken ABP and its competitors.
Is Alandsbanken ABP's E10 too high?
Alandsbanken ABP's current E10 is €2.63. Overall, Alandsbanken ABP has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alandsbanken ABP's E10 compare to PNC and USB?
Alandsbanken ABP's E10 of €2.63 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 Alandsbanken ABP and its competitors. Alandsbanken ABP's current E10 is €2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alandsbanken ABP stock overvalued right now?
Based on GuruFocus' analysis, Alandsbanken ABP (OHEL:ALBAV) is currently considered Modestly Overvalued. The stock's GF Value™ is €39.56, compared to a current price of €45.80 — trading 15.8% above its estimated fair value. The current E10 is €2.63. Alandsbanken ABP's overall GF Score™ is 62/100 with 3 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 Alandsbanken ABP (OHEL:ALBAV), the current E10 is €2.63 as of Jun. 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 Alandsbanken ABP (OHEL:ALBAV) Overvalued in 2026?

Based on GuruFocus' analysis, Alandsbanken ABP stock appears to be overvalued. The current stock price of €45.80 is trading 15.8% above its estimated GF Value™ of €39.56. GuruFocus considers Alandsbanken ABP to be Modestly Overvalued.

Key valuation signals for OHEL:ALBAV:

  • E10: €2.63
  • GF Value™: €39.56 vs. price of €45.80 (15.8% above fair value)
  • GF Score™: 62/100 with 3 warning signs

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


Alandsbanken ABP Business Description

Other Exchanges 0O2M:UK0O2N:UKALBBV:Finland
Address Nygatan 2, Alandsbanken, Mariehamn, FIN, AX-22100
Alandsbanken ABP is a private banking operator based in Finland. The services offered by the company include Accounts, Insurance, Loans, Digital services, Basic banking services, and Invest and Save among others. The reportable segments of the company are Private Banking, Premium Banking, IT, Corporate and others. The Private Banking segment generates the majority of its revenue followed by Premium banking. Geographically, the company operates in Finland and Sweden in which Finland generates key revenue.
62GF Score

Get the complete analysis for OHEL:ALBAV

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

€45.80
Price
€39.56
GF Value