SSAAF (SSAB AB (publ)) E10: $0.46 (As of Mar. 2026)


SSAAF SSAB AB (publ) SSAAF
73 GF Score
Price $9.33
GF Value $6.11
Valuation Significantly Overvalued
! 8 Warning Signs
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What is SSAB AB (publ) E10?

SSAB AB (publ) SSAAF -6.61% 73 E10 is $0.46 as of Mar. 2026. GuruFocus rates SSAAF with a GF Score™ of 73/100 and a GF Value™ of $6.11 (Significantly 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.

SSAB AB (publ)'s adjusted earnings per share data for the three months ended in Mar. 2026 was $0.173. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SSAB AB (publ)'s average E10 Growth Rate was 20.10% per year. During the past 3 years, the average E10 Growth Rate was 65.30% per year. During the past 5 years, the average E10 Growth Rate was 46.20% 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 SSAB AB (publ) was 141.00% per year. The lowest was 7.10% per year. And the median was 64.05% per year.

As of today (2026-06-27), SSAB AB (publ)'s current stock price is $9.33. SSAB AB (publ)'s E10 for the quarter that ended in Mar. 2026 was $0.46. SSAB AB (publ)'s Shiller PE Ratio of today is 20.28.

During the past 13 years, the highest Shiller PE Ratio of SSAB AB (publ) was 1219.50. The lowest was 12.36. And the median was 35.34.


SSAB AB (publ)  (OTCPK:SSAAF) 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.

SSAB AB (publ)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.33/0.46
=20.28

* 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 SSAB AB (publ) was 1219.50. The lowest was 12.36. And the median was 35.34.


Be Aware

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


SSAB AB (publ) E10 Related Terms


SSAB AB (publ) E10 Historical Data

* Premium members only.

The historical data trend for SSAB AB (publ)'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.

SSAB AB (publ) E10 Chart

SSAB AB (publ) 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 0.18 0.09 0.17 0.34 0.42

SSAB AB (publ) 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 0.36 0.39 0.41 0.42 0.46

SSAAF vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, SSAB AB (publ)'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.


SSAB AB (publ) Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SSAB AB (publ)'s Shiller PE Ratio falls into.


SSAAF
73GF Score
SSAB AB (publ) SSAAF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSAB AB (publ) 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, SSAB AB (publ)'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)
=0.173/133.3862*133.3862
=0.173

Current CPI (Mar. 2026) = 133.3862.

SSAB AB (publ) Quarterly Data

per share eps CPI Adj_EPS
201606 0.064 101.019 0.085
201609 0.067 101.138 0.088
201612 0.003 102.022 0.004
201703 0.055 102.022 0.072
201706 0.099 102.752 0.129
201709 0.070 103.279 0.090
201712 0.038 103.793 0.049
201803 0.079 103.962 0.101
201806 0.144 104.875 0.183
201809 0.095 105.679 0.120
201812 0.075 105.912 0.094
201903 0.133 105.886 0.168
201906 0.104 106.742 0.130
201909 0.003 107.214 0.004
201912 -0.128 107.766 -0.158
202003 0.017 106.563 0.021
202006 -0.030 107.498 -0.037
202009 -0.081 107.635 -0.100
202012 0.039 108.296 0.048
202103 0.171 108.360 0.210
202106 0.373 108.928 0.457
202109 0.503 110.338 0.608
202112 0.583 112.486 0.691
202203 0.611 114.825 0.710
202206 0.776 118.384 0.874
202209 0.452 122.296 0.493
202212 -2.806 126.365 -2.962
202303 0.343 127.042 0.360
202306 0.354 129.407 0.365
202309 0.307 130.224 0.314
202312 0.181 131.912 0.183
202403 0.247 132.205 0.249
202406 0.232 132.716 0.233
202409 0.103 132.304 0.104
202412 0.044 132.987 0.044
202503 0.112 132.825 0.112
202506 0.195 133.699 0.195
202509 0.159 133.482 0.159
202512 0.047 133.386 0.047
202603 0.173 133.386 0.173

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 $0.46 mean?
SSAB AB (publ) (SSAAF) has a E10 of $0.46 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SSAB AB (publ) and its competitors.
Is SSAB AB (publ)'s E10 too high?
SSAB AB (publ)'s current E10 is $0.46. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s E10 compare to NUE and STLD?
SSAB AB (publ)'s E10 of $0.46 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 SSAB AB (publ) and its competitors. SSAB AB (publ)'s current E10 is $0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.11, compared to a current price of $9.33 — trading 52.7% above its estimated fair value. The current E10 is $0.46. SSAB AB (publ)'s overall GF Score™ is 73/100 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 SSAB AB (publ) (SSAAF), the current E10 is $0.46 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 SSAB AB (publ) (SSAAF) Overvalued in 2026?

Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued. The current stock price of $9.33 is trading 52.7% above its estimated GF Value™ of $6.11. GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.

Key valuation signals for SSAAF:

  • E10: $0.46
  • GF Value™: $6.11 vs. price of $9.33 (52.7% above fair value)
  • GF Score™: 73/100 with 8 warning signs

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


SSAB AB (publ) Business Description

Address Klarabergsviadukten 70, Building A, 8th floor, Stockholm, SWE, 11164
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score

Get the complete analysis for SSAAF

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

$9.33
Price
$6.11
GF Value