aXichem AB (OSTO:AXIC A) E10: kr-0.82 (As of Mar. 2026)

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OSTO:AXIC A aXichem AB OSTO:AXIC A
66 GF Score
Price kr2.77
GF Value kr3.59
Valuation Modestly Undervalued
View Full Analysis

What is aXichem AB E10?

aXichem AB OSTO:AXIC A +8.20% 66 E10 is kr-0.82 as of Mar. 2026. GuruFocus rates OSTO:AXIC A with a GF Score™ of 66/100 and a GF Value™ of kr3.59 (Modestly Undervalued).

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.

aXichem AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr-0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.82 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 3.00% per year. During the past 5 years, the average E10 Growth Rate was -1.10% 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 aXichem AB was 3.00% per year. The lowest was -5.50% per year. And the median was -2.20% per year.

As of today (2026-07-21), aXichem AB's current stock price is kr2.77. aXichem AB's E10 for the quarter that ended in Mar. 2026 was kr-0.82. aXichem AB's Shiller PE Ratio of today is .


aXichem AB  (OSTO:AXIC A) 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.


aXichem AB E10 Related Terms


aXichem AB E10 Historical Data

* Premium members only.

The historical data trend for aXichem 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.

aXichem AB E10 Chart

aXichem 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 -0.87 -0.91 -0.95 -0.93 -0.83

aXichem 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 -0.92 -0.88 -0.87 -0.83 -0.82

OSTO:AXIC A vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, aXichem 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.


aXichem AB Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, aXichem AB's Shiller PE Ratio distribution charts can be found below:

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


OSTO:AXIC A
66GF Score
aXichem AB OSTO:AXIC A
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

aXichem 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, aXichem 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)
=-0.05/141.0300*141.0300
=-0.050

Current CPI (Mar. 2026) = 141.0300.

aXichem AB Quarterly Data

per share eps CPI Adj_EPS
201606 -0.180 103.800 -0.245
201609 -0.123 104.200 -0.166
201612 -0.152 104.400 -0.205
201703 -0.095 105.000 -0.128
201706 -0.109 105.800 -0.145
201709 -0.118 105.900 -0.157
201712 -0.152 106.100 -0.202
201803 -0.115 107.300 -0.151
201806 -0.185 108.500 -0.240
201809 -0.153 109.500 -0.197
201812 -0.176 109.800 -0.226
201903 -0.143 110.400 -0.183
201906 -0.221 110.600 -0.282
201909 -0.181 111.100 -0.230
201912 -0.207 111.300 -0.262
202003 -0.181 111.200 -0.230
202006 -0.220 112.100 -0.277
202009 -0.191 112.900 -0.239
202012 -0.210 112.900 -0.262
202103 -0.191 114.600 -0.235
202106 -0.229 115.300 -0.280
202109 -0.172 117.500 -0.206
202112 -0.287 118.900 -0.340
202203 -0.212 119.800 -0.250
202206 -0.299 122.600 -0.344
202209 -0.308 125.600 -0.346
202212 -0.193 125.900 -0.216
202303 -0.288 127.600 -0.318
202306 -0.248 130.400 -0.268
202309 -0.208 129.800 -0.226
202312 -0.258 131.900 -0.276
202403 -0.248 132.600 -0.264
202406 -0.030 133.800 -0.032
202409 -0.149 133.700 -0.157
202412 -0.099 134.800 -0.104
202503 -0.100 136.100 -0.104
202506 -0.060 137.800 -0.061
202509 -0.050 138.500 -0.051
202512 -0.089 139.100 -0.090
202603 -0.050 141.030 -0.050

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-0.82 mean?
aXichem AB (OSTO:AXIC A) has a E10 of kr-0.82 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on aXichem AB and its competitors.
Is aXichem AB's E10 too high?
aXichem AB's current E10 is kr-0.82. Overall, aXichem AB has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does aXichem AB's E10 compare to LIN and SHW?
aXichem AB's E10 of kr-0.82 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 aXichem AB and its competitors. aXichem AB's current E10 is kr-0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is aXichem AB stock overvalued right now?
Based on GuruFocus' analysis, aXichem AB (OSTO:AXIC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr3.59, compared to a current price of kr2.77 — trading 22.8% below its estimated fair value. The current E10 is kr-0.82. aXichem AB's overall GF Score™ is 66/100. 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 aXichem AB (OSTO:AXIC A), the current E10 is kr-0.82 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 aXichem AB (OSTO:AXIC A) Overvalued in 2026?

Based on GuruFocus' analysis, aXichem AB stock appears to be undervalued. The current stock price of kr2.77 is trading 22.8% below its estimated GF Value™ of kr3.59. GuruFocus considers aXichem AB to be Modestly Undervalued.

Key valuation signals for OSTO:AXIC A:

  • E10: kr-0.82
  • GF Value™: kr3.59 vs. price of kr2.77 (22.8% below fair value)
  • GF Score™: 66/100

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


aXichem AB Business Description

Address Sodergatan 26, Malmo, NOR, 211 34
aXichem AB develops, patents, markets and sells natural analogue industrial chemicals, which are synthetically produced substances with similar and comparable properties to natural substances. The Company's business concept is to develop, patent, market and sell natural analogue industrial chemicals. Its commercial focus is on the proprietary patented product phenylcapsaicin, the Company's first product, which is marketed under the registered trademarks aXiphen as an additive in animal feed and aXivite as an ingredient in food supplements and as a bioenhancer. The Company's product portfolio comprises Phenylcapsaicin, aXiphen, aXiphen bio, and aXivite. The Company's focus is on establishing aXiphen as an additive in poultry feed and pig feed.
66GF Score

Get the complete analysis for OSTO:AXIC A

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

kr2.77
Price
kr3.59
GF Value