SBRKF (SpareBank 1 Sor Norge ASA) E10: $1.41 (As of Mar. 2026)

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SBRKF SpareBank 1 Sor Norge ASA SBRKF
62 GF Score
Price $20.83
GF Value $16.60
Valuation Modestly Overvalued
! 8 Warning Signs
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What is SpareBank 1 Sor Norge ASA E10?

SpareBank 1 Sor Norge ASA SBRKF 62 E10 is $1.41 as of Mar. 2026. GuruFocus rates SBRKF with a GF Score™ of 62/100 and a GF Value™ of $16.60 (Modestly Overvalued). The stock has 8 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.

SpareBank 1 Sor Norge ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.422. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SpareBank 1 Sor Norge ASA's average E10 Growth Rate was 9.90% per year. During the past 3 years, the average E10 Growth Rate was 9.40% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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 SpareBank 1 Sor Norge ASA was 11.20% per year. The lowest was 2.60% per year. And the median was 9.40% per year.

As of today (2026-07-15), SpareBank 1 Sor Norge ASA's current stock price is $20.83. SpareBank 1 Sor Norge ASA's E10 for the quarter that ended in Mar. 2026 was $1.41. SpareBank 1 Sor Norge ASA's Shiller PE Ratio of today is 14.77.

During the past 13 years, the highest Shiller PE Ratio of SpareBank 1 Sor Norge ASA was 15.72. The lowest was 6.00. And the median was 11.54.


SpareBank 1 Sor Norge ASA  (OTCPK:SBRKF) 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.

SpareBank 1 Sor Norge ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.83/1.41
=14.77

* 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 13 years, the highest Shiller P/E Ratio of SpareBank 1 Sor Norge ASA was 15.72. The lowest was 6.00. And the median was 11.54.


Be Aware

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


SpareBank 1 Sor Norge ASA E10 Related Terms


SpareBank 1 Sor Norge ASA E10 Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Sor Norge ASA'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.

SpareBank 1 Sor Norge ASA E10 Chart

SpareBank 1 Sor Norge ASA 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 0.93 1.26 1.31 1.24 1.00

SpareBank 1 Sor Norge ASA 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 1.10 1.03 1.10 1.00 1.41

SpareBank 1 Sor Norge ASA E10 Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Sor Norge ASA'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.


SpareBank 1 Sor Norge ASA Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Sor Norge ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Sor Norge ASA's Shiller PE Ratio falls into.


SBRKF
62GF Score
SpareBank 1 Sor Norge ASA SBRKF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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SpareBank 1 Sor Norge ASA 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, SpareBank 1 Sor Norge ASA'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)
=0.422/141.0300*141.0300
=0.422

Current CPI (Mar. 2026) = 141.0300.

SpareBank 1 Sor Norge ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.191 103.800 0.260
201609 0.255 104.200 0.345
201612 0.195 104.400 0.263
201703 0.186 105.000 0.250
201706 0.238 105.800 0.317
201709 0.305 105.900 0.406
201712 0.262 106.100 0.348
201803 0.261 107.300 0.343
201806 0.297 108.500 0.386
201809 0.301 109.500 0.388
201812 0.239 109.800 0.307
201903 0.520 110.400 0.664
201906 0.408 110.600 0.520
201909 0.258 111.100 0.328
201912 0.204 111.300 0.258
202003 0.075 111.200 0.095
202006 0.095 112.100 0.120
202009 0.207 112.900 0.259
202012 0.264 112.900 0.330
202103 0.322 114.600 0.396
202106 0.372 115.300 0.455
202109 0.323 117.500 0.388
202112 0.380 118.900 0.451
202203 0.325 119.800 0.383
202206 0.311 122.600 0.358
202209 0.307 125.600 0.345
202212 0.386 125.900 0.432
202303 0.314 127.600 0.347
202306 0.361 130.400 0.390
202309 0.367 129.800 0.399
202312 0.519 131.900 0.555
202403 0.401 132.600 0.426
202406 0.396 133.800 0.417
202409 0.489 133.700 0.516
202412 0.310 134.800 0.324
202503 0.409 136.100 0.424
202506 0.421 137.800 0.431
202509 0.431 138.500 0.439
202512 0.403 139.100 0.409
202603 0.422 141.030 0.422

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 $1.41 mean?
SpareBank 1 Sor Norge ASA (SBRKF) has a E10 of $1.41 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SpareBank 1 Sor Norge ASA and its competitors.
Is SpareBank 1 Sor Norge ASA's E10 too high?
SpareBank 1 Sor Norge ASA's current E10 is $1.41. Overall, SpareBank 1 Sor Norge ASA has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 Sor Norge ASA's E10 compare to competitors?
SpareBank 1 Sor Norge ASA's E10 of $1.41 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 SpareBank 1 Sor Norge ASA and its competitors. SpareBank 1 Sor Norge ASA's current E10 is $1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 Sor Norge ASA stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 Sor Norge ASA (SBRKF) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.60, compared to a current price of $20.83 — trading 25.5% above its estimated fair value. The current E10 is $1.41. SpareBank 1 Sor Norge ASA's overall GF Score™ is 62/100 with 8 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 SpareBank 1 Sor Norge ASA (SBRKF), the current E10 is $1.41 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 SpareBank 1 Sor Norge ASA (SBRKF) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Sor Norge ASA stock appears to be overvalued. The current stock price of $20.83 is trading 25.5% above its estimated GF Value™ of $16.60. GuruFocus considers SpareBank 1 Sor Norge ASA to be Modestly Overvalued.

Key valuation signals for SBRKF:

  • E10: $1.41
  • GF Value™: $16.60 vs. price of $20.83 (25.5% above fair value)
  • GF Score™: 62/100 with 8 warning signs

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


SpareBank 1 Sor Norge ASA Business Description

Address Christen Tranes Gate 35, Stavanger, NOR, 4007
SpareBank 1 Sor Norge ASA is a regional bank engaged in selling and procuring a wide range of financial products and services, including investment services, leasing, estate agency, and accounting services. The company's reportable segments are Retail market, which generates maximum revenue, Corporate market, SME and agriculture, and Other.
62GF Score

Get the complete analysis for SBRKF

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

$20.83
Price
$16.60
GF Value