Advenica AB (OSTO:ADVE) E10: kr-1.12 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

OSTO:ADVE Advenica AB OSTO:ADVE
64 GF Score
Price kr18.94
GF Value kr14.36
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Advenica AB E10?

Advenica AB OSTO:ADVE +3.16% 64 E10 is kr-1.12 as of Mar. 2026. GuruFocus rates OSTO:ADVE with a GF Score™ of 64/100 and a GF Value™ of kr14.36 (Significantly 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.

Advenica AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-1.12 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 4.80% 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 Advenica AB was 4.80% per year. The lowest was 4.80% per year. And the median was 4.80% per year.

As of today (2026-07-16), Advenica AB's current stock price is kr18.94. Advenica AB's E10 for the quarter that ended in Mar. 2026 was kr-1.12. Advenica AB's Shiller PE Ratio of today is .


Advenica AB  (OSTO:ADVE) 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.


Advenica AB E10 Related Terms


Advenica AB E10 Historical Data

* Premium members only.

The historical data trend for Advenica 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.

Advenica AB E10 Chart

Advenica 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 -1.25 -1.24 -1.14 -1.08

Advenica 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 -1.07 -1.14 -1.10 -1.08 -1.12

OSTO:ADVE vs MSFT, ORCL, PLTR: E10 Comparison

For the Software - Infrastructure subindustry, Advenica 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.


Advenica AB Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Advenica AB's Shiller PE Ratio distribution charts can be found below:

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


OSTO:ADVE
64GF Score
Advenica AB OSTO:ADVE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advenica 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, Advenica 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)
=-0.06/133.5600*133.5600
=-0.060

Current CPI (Mar. 2026) = 133.5600.

Advenica AB Quarterly Data

per share eps CPI Adj_EPS
201606 -0.594 101.019 -0.785
201609 -0.585 101.138 -0.773
201612 -0.297 102.022 -0.389
201703 -0.253 102.022 -0.331
201706 -0.995 102.752 -1.293
201709 -0.733 103.279 -0.948
201712 0.297 103.793 0.382
201803 -0.864 103.962 -1.110
201806 0.061 104.875 0.078
201809 -0.987 105.679 -1.247
201812 -0.864 105.912 -1.090
201903 -0.498 105.886 -0.628
201906 0.010 106.742 0.013
201909 -1.126 107.214 -1.403
201912 -0.245 107.766 -0.304
202003 -0.147 106.563 -0.184
202006 -0.558 107.498 -0.693
202009 -0.255 107.635 -0.316
202012 0.135 108.296 0.166
202103 -0.470 108.360 -0.579
202106 -0.200 108.928 -0.245
202109 -0.200 110.338 -0.242
202112 0.365 112.486 0.433
202203 -0.170 114.825 -0.198
202206 -0.030 118.384 -0.034
202209 -0.070 122.296 -0.076
202212 0.220 126.365 0.233
202303 0.170 127.042 0.179
202306 -0.180 129.407 -0.186
202309 -0.180 130.224 -0.185
202312 0.100 131.912 0.101
202403 -0.030 132.205 -0.030
202406 0.120 132.716 0.121
202409 -0.070 132.304 -0.071
202412 0.150 132.987 0.151
202503 0.210 132.825 0.211
202506 0.240 133.699 0.240
202509 -0.070 133.480 -0.070
202512 -0.010 133.390 -0.010
202603 -0.060 133.560 -0.060

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-1.12 mean?
Advenica AB (OSTO:ADVE) has a E10 of kr-1.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Advenica AB and its competitors.
Is Advenica AB's E10 too high?
Advenica AB's current E10 is kr-1.12. Overall, Advenica AB has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advenica AB's E10 compare to MSFT and ORCL?
Advenica AB's E10 of kr-1.12 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Advenica AB and its competitors. Advenica AB's current E10 is kr-1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advenica AB stock overvalued right now?
Based on GuruFocus' analysis, Advenica AB (OSTO:ADVE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr14.36, compared to a current price of kr18.94 — trading 31.9% above its estimated fair value. The current E10 is kr-1.12. Advenica AB's overall GF Score™ is 64/100 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 Advenica AB (OSTO:ADVE), the current E10 is kr-1.12 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 Advenica AB (OSTO:ADVE) Overvalued in 2026?

Based on GuruFocus' analysis, Advenica AB stock appears to be overvalued. The current stock price of kr18.94 is trading 31.9% above its estimated GF Value™ of kr14.36. GuruFocus considers Advenica AB to be Significantly Overvalued.

Key valuation signals for OSTO:ADVE:

  • E10: kr-1.12
  • GF Value™: kr14.36 vs. price of kr18.94 (31.9% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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


Advenica AB Business Description

Other Exchanges 65R:Germany
Address Roskildevagen 1, Malmo, SWE, 211 47
Advenica AB is a Sweden based company involved in providing cyber security solutions in the areas of National Security, Public sector, Critical infrastructure, and Corporate. The product offerings of the company include Data Diodes, ZoneGuard, SecuriRAM, File Security Screener and Secure Remote Access among others.
64GF Score

Get the complete analysis for OSTO:ADVE

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

kr18.94
Price
kr14.36
GF Value