Anoto Group AB (OSTO:ANOT) E10: kr-0.74 (As of Mar. 2026)

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OSTO:ANOT Anoto Group AB OSTO:ANOT
13 GF Score
Price kr0.13
GF Value kr0.03
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Anoto Group AB E10?

Anoto Group AB OSTO:ANOT -1.10% 13 E10 is kr-0.74 as of Mar. 2026. GuruFocus rates OSTO:ANOT with a GF Score™ of 13/100 and a GF Value™ of kr0.03 (Significantly Overvalued). The stock has 5 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.

Anoto Group AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.74 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 36.60% per year. During the past 5 years, the average E10 Growth Rate was 37.10% 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 Anoto Group AB was 45.10% per year. The lowest was 6.20% per year. And the median was 31.40% per year.

As of today (2026-07-18), Anoto Group AB's current stock price is kr0.1256. Anoto Group AB's E10 for the quarter that ended in Mar. 2026 was kr-0.74. Anoto Group AB's Shiller PE Ratio of today is .


Anoto Group AB  (OSTO:ANOT) 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.


Anoto Group AB E10 Related Terms


Anoto Group AB E10 Historical Data

* Premium members only.

The historical data trend for Anoto Group 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.

Anoto Group AB E10 Chart

Anoto Group 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 -4.05 -3.77 -1.86 -1.40 -0.96

Anoto Group 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 -1.36 -1.22 -1.11 -0.96 -0.74

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

For the Software - Infrastructure subindustry, Anoto Group 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.


Anoto Group AB Shiller PE Ratio vs Software Industry

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

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


OSTO:ANOT
13GF Score
Anoto Group AB OSTO:ANOT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anoto Group 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, Anoto Group 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)
=-0.01/133.5600*133.5600
=-0.010

Current CPI (Mar. 2026) = 133.5600.

Anoto Group AB Quarterly Data

per share eps CPI Adj_EPS
201606 -0.829 101.019 -1.096
201609 -1.381 101.138 -1.824
201612 -0.348 102.022 -0.456
201703 -0.313 102.022 -0.410
201706 0.006 102.752 0.008
201709 -0.034 103.279 -0.044
201712 -0.112 103.793 -0.144
201803 0.053 103.962 0.068
201806 0.077 104.875 0.098
201809 -0.114 105.679 -0.144
201812 -0.962 105.912 -1.213
201903 0.003 105.886 0.004
201906 0.001 106.742 0.001
201909 -0.060 107.214 -0.075
201912 -0.156 107.766 -0.193
202003 0.016 106.563 0.020
202006 -0.256 107.498 -0.318
202009 -0.267 107.635 -0.331
202012 -0.213 108.296 -0.263
202103 0.013 108.360 0.016
202106 -0.080 108.928 -0.098
202109 -0.057 110.338 -0.069
202112 -0.108 112.486 -0.128
202203 -0.037 114.825 -0.043
202206 -0.005 118.384 -0.006
202209 -0.046 122.296 -0.050
202212 -0.028 126.365 -0.030
202303 -0.110 127.042 -0.116
202306 -0.021 129.407 -0.022
202309 0.387 130.224 0.397
202312 -0.506 131.912 -0.512
202403 0.000 132.205 0.000
202406 -0.040 132.716 -0.040
202409 -0.070 132.304 -0.071
202412 -0.030 132.987 -0.030
202503 -0.020 132.825 -0.020
202506 -0.020 133.699 -0.020
202509 -0.030 133.480 -0.030
202512 -0.010 133.390 -0.010
202603 -0.010 133.560 -0.010

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-0.74 mean?
Anoto Group AB (OSTO:ANOT) has a E10 of kr-0.74 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Anoto Group AB and its competitors.
Is Anoto Group AB's E10 too high?
Anoto Group AB's current E10 is kr-0.74. Overall, Anoto Group AB has a GF Score™ of 13/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anoto Group AB's E10 compare to MSFT and ORCL?
Anoto Group AB's E10 of kr-0.74 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 Anoto Group AB and its competitors. Anoto Group AB's current E10 is kr-0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anoto Group AB stock overvalued right now?
Based on GuruFocus' analysis, Anoto Group AB (OSTO:ANOT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.03, compared to a current price of kr0.13 — trading 318.7% above its estimated fair value. The current E10 is kr-0.74. Anoto Group AB's overall GF Score™ is 13/100 with 5 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 Anoto Group AB (OSTO:ANOT), the current E10 is kr-0.74 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 Anoto Group AB (OSTO:ANOT) Overvalued in 2026?

Based on GuruFocus' analysis, Anoto Group AB stock appears to be overvalued. The current stock price of kr0.13 is trading 318.7% above its estimated GF Value™ of kr0.03. GuruFocus considers Anoto Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:ANOT:

  • E10: kr-0.74
  • GF Value™: kr0.03 vs. price of kr0.13 (318.7% above fair value)
  • GF Score™: 13/100 with 5 warning signs

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


Anoto Group AB Business Description

Other Exchanges 0RUQ:UKXTL1:Germany
Address Flaggan 1165, Stockholm, SWE, 116 74
Anoto Group AB is a technology company that specializes in digital writing and drawing solutions. The company is organized into the following business units - Enterprise Solutions and Licensing, which focuses on systems, products, and services that target businesses, mainly in the field of forms processing, document management, and signature capture, Livescribe, Knowledge AI, and OEM Business. The company generates revenues from mainly product sales but also from licenses and royalties in multiple geographies. It offers a broad portfolio of products, applications, and services to business, consumer, and education markets, including digital note-taking, creative solutions, collaborative solutions, classroom learning solutions, and document processing and management.
13GF Score

Get the complete analysis for OSTO:ANOT

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

kr0.13
Price
kr0.03
GF Value