Gapwaves AB (OSTO:GAPW B) E10: kr-1.83 (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.

OSTO:GAPW B Gapwaves AB OSTO:GAPW B
77 GF Score
Price kr12.26
GF Value kr19.53
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Gapwaves AB E10?

Gapwaves AB OSTO:GAPW B -0.16% 77 E10 is kr-1.83 as of Jun. 2026. GuruFocus rates OSTO:GAPW B with a GF Score™ of 77/100 and a GF Value™ of kr19.53 (Possible Value Trap). The stock has 4 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.

Gapwaves AB's adjusted earnings per share data for the three months ended in Jun. 2026 was kr-0.491. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-1.83 for the trailing ten years ended in Jun. 2026.

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 (2026-08-29), Gapwaves AB's current stock price is kr12.26. Gapwaves AB's E10 for the quarter that ended in Jun. 2026 was kr-1.83. Gapwaves AB's Shiller PE Ratio of today is .


Gapwaves AB  (OSTO:GAPW B) 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.


Gapwaves AB E10 Related Terms


Gapwaves AB E10 Historical Data

* Premium members only.

The historical data trend for Gapwaves 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.

Gapwaves AB E10 Chart

Gapwaves AB Annual Data
Trend Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -1.81

Gapwaves AB 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 0.00 0.00 -1.81 -1.81 -1.83

OSTO:GAPW B vs CSCO, MSI, HPE: E10 Comparison

For the Communication Equipment subindustry, Gapwaves 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.


Gapwaves AB Shiller PE Ratio vs Hardware Industry

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

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


OSTO:GAPW B
77GF Score
Gapwaves AB OSTO:GAPW B
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gapwaves 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, Gapwaves AB'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)
=-0.491/134.6100*134.6100
=-0.491

Current CPI (Jun. 2026) = 134.6100.

Gapwaves AB Quarterly Data

per share eps CPI Adj_EPS
201604 0.000 100.732 0.000
201609 0.000 101.138 0.000
201703 -0.225 102.022 -0.297
201706 -0.424 102.752 -0.555
201709 -0.347 103.279 -0.452
201712 -0.762 103.793 -0.988
201803 -0.559 103.962 -0.724
201806 -0.424 104.875 -0.544
201809 -0.357 105.679 -0.455
201812 -0.627 105.912 -0.797
201903 -0.492 105.886 -0.625
201906 -0.299 106.742 -0.377
201909 -0.212 107.214 -0.266
201912 -0.395 107.766 -0.493
202003 -0.280 106.563 -0.354
202006 -0.367 107.498 -0.460
202009 -0.434 107.635 -0.543
202012 -0.478 108.296 -0.594
202103 -0.482 108.360 -0.599
202106 -0.145 108.928 -0.179
202109 -0.289 110.338 -0.353
202112 -0.287 112.486 -0.343
202203 -0.314 114.825 -0.368
202206 -0.152 118.384 -0.173
202209 0.183 122.296 0.201
202212 -0.376 126.365 -0.401
202303 -0.554 127.042 -0.587
202306 -0.428 129.407 -0.445
202309 -0.551 130.224 -0.570
202312 -0.612 131.912 -0.625
202403 -0.422 132.205 -0.430
202406 -0.446 132.716 -0.452
202409 -0.368 132.304 -0.374
202412 -0.390 132.987 -0.395
202503 -0.289 132.825 -0.293
202506 -0.253 133.699 -0.255
202509 -0.592 133.480 -0.597
202512 -0.715 133.390 -0.722
202603 -0.365 133.560 -0.368
202606 -0.491 134.610 -0.491

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-1.83 mean?
Gapwaves AB (OSTO:GAPW B) has a E10 of kr-1.83 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gapwaves AB and its competitors.
Is Gapwaves AB's E10 too high?
Gapwaves AB's current E10 is kr-1.83. Overall, Gapwaves AB has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gapwaves AB's E10 compare to CSCO and MSI?
Gapwaves AB's E10 of kr-1.83 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Gapwaves AB and its competitors. Gapwaves AB's current E10 is kr-1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gapwaves AB stock overvalued right now?
Based on GuruFocus' analysis, Gapwaves AB (OSTO:GAPW B) is currently considered Possible Value Trap. The stock's GF Value™ is kr19.53, compared to a current price of kr12.26 — trading 37.2% below its estimated fair value. The current E10 is kr-1.83. Gapwaves AB's overall GF Score™ is 77/100 with 4 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 Gapwaves AB (OSTO:GAPW B), the current E10 is kr-1.83 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 Gapwaves AB (OSTO:GAPW B) Overvalued in 2026?

Based on GuruFocus' analysis, Gapwaves AB stock appears to be undervalued. The current stock price of kr12.26 is trading 37.2% below its estimated GF Value™ of kr19.53. GuruFocus considers Gapwaves AB to be Possible Value Trap.

Key valuation signals for OSTO:GAPW B:

  • E10: kr-1.83
  • GF Value™: kr19.53 vs. price of kr12.26 (37.2% below fair value)
  • GF Score™: 77/100 with 4 warning signs

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


Gapwaves AB Business Description

Other Exchanges 0GF1:UKGW3:Germany
Address Nellickevagen 22, Goteborg, SWE, SE- 412 63
Gapwaves AB is a Swedish technology company that develops, designs, manufactures, and delivers wireless solutions based on its patented waveguide technology for millimeter wave applications. Its products are mainly used in antennas for radar systems that support driver assistance, autonomous driving, and automotive safety solutions, along with applications in industrial automation, telecom, smart cities, and civil military sectors. It focuses on two key markets for waveguide antennas, namely radar and wireless communication, and is expanding the use of its technology in both areas. Its segments are Automotive, Smart Cities, Mobility, and Defense, each covering a range of growing application areas, and it has a geographic presence in Sweden, the European Union, and the rest of the world.
77GF Score

Get the complete analysis for OSTO:GAPW B

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

kr12.26
Price
kr19.53
GF Value