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Aasen Sparebank (OSL:AASB) E10 : kr46.92 (As of Mar. 2025)


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What is Aasen Sparebank E10?

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.

Aasen Sparebank's adjusted earnings per share data for the three months ended in Mar. 2025 was kr10.083. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr46.92 for the trailing ten years ended in Mar. 2025.

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 (2025-06-22), Aasen Sparebank's current stock price is kr124.98. Aasen Sparebank's E10 for the quarter that ended in Mar. 2025 was kr46.92. Aasen Sparebank's Shiller PE Ratio of today is 2.66.

During the past 10 years, the highest Shiller PE Ratio of Aasen Sparebank was 2.80. The lowest was 2.52. And the median was 2.66.


Aasen Sparebank E10 Historical Data

The historical data trend for Aasen Sparebank'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.

* Premium members only.

Aasen Sparebank E10 Chart

Aasen Sparebank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 46.08

Aasen Sparebank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 46.08 46.92

Competitive Comparison of Aasen Sparebank's E10

For the Banks - Regional subindustry, Aasen Sparebank'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.


Aasen Sparebank's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Aasen Sparebank's Shiller PE Ratio falls into.


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Aasen Sparebank 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, Aasen Sparebank's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.083/136.1000*136.1000
=10.083

Current CPI (Mar. 2025) = 136.1000.

Aasen Sparebank Quarterly Data

per share eps CPI Adj_EPS
201506 10.123 100.100 13.764
201509 7.689 100.600 10.402
201512 2.700 100.900 3.642
201603 0.000 102.500 0.000
201606 0.000 103.800 0.000
201609 26.865 104.200 35.090
201612 4.739 104.400 6.178
201703 7.657 105.000 9.925
201706 8.761 105.800 11.270
201709 20.363 105.900 26.170
201712 7.877 106.100 10.104
201803 5.551 107.300 7.041
201806 9.016 108.500 11.309
201809 9.620 109.500 11.957
201812 9.493 109.800 11.767
201903 7.479 110.400 9.220
201906 10.831 110.600 13.328
201909 10.224 111.100 12.525
201912 8.833 111.300 10.801
202003 5.028 111.200 6.154
202006 14.548 112.100 17.663
202009 6.213 112.900 7.490
202012 8.673 112.900 10.455
202103 7.659 114.600 9.096
202106 14.357 115.300 16.947
202109 7.578 117.500 8.778
202112 7.942 118.900 9.091
202203 5.721 119.800 6.499
202206 11.678 122.600 12.964
202209 10.066 125.600 10.908
202212 11.458 125.900 12.386
202303 10.286 127.600 10.971
202306 12.647 130.400 13.200
202309 11.175 129.800 11.717
202312 10.027 131.900 10.346
202403 9.554 132.600 9.806
202406 13.582 133.800 13.815
202409 11.301 133.700 11.504
202412 11.225 134.800 11.333
202503 10.083 136.100 10.083

Add all the adjusted EPS together and divide 10 will get our e10.


Aasen Sparebank  (OSL:AASB) 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.

Aasen Sparebank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=124.98/46.92
=2.66

* 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 10 years, the highest Shiller P/E Ratio of Aasen Sparebank was 2.80. The lowest was 2.52. And the median was 2.66.


Be Aware

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


Aasen Sparebank E10 Related Terms

Thank you for viewing the detailed overview of Aasen Sparebank's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Aasen Sparebank Business Description

Traded in Other Exchanges
N/A
Address
Stasjonsvegen 1, P.O. Box 33, Asen, NOR, 7631
Aasen Sparebank is a local savings bank. It offers a full-service concept for banking and financial services, both for private and agricultural customers, as well as for small and medium-sized businesses. The company's services include Mortgage, Car loans, Loans and refinancing, Insurance, Online and Mobile Banking, Deposits and others.

Aasen Sparebank Headlines

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