Munters Group AB (STU:1MS) E10: €0.19 (As of Mar. 2026)


STU:1MS Munters Group AB STU:1MS
89 GF Score
Price €15.74
GF Value €16.37
Valuation Fairly Valued
! 5 Warning Signs
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What is Munters Group AB E10?

Munters Group AB STU:1MS -0.85% 89 E10 is €0.19 as of Mar. 2026. GuruFocus rates STU:1MS with a GF Score™ of 89/100 and a GF Value™ of €16.37 (Fairly Valued). 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.

Munters Group AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.063. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.19 for the trailing ten years ended in Mar. 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 (2026-07-07), Munters Group AB's current stock price is €15.74. Munters Group AB's E10 for the quarter that ended in Mar. 2026 was €0.19. Munters Group AB's Shiller PE Ratio of today is 82.84.

During the past 12 years, the highest Shiller PE Ratio of Munters Group AB was 100.77. The lowest was 54.51. And the median was 82.30.


Munters Group AB  (STU:1MS) 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.

Munters Group AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.74/0.19
=82.84

* 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 12 years, the highest Shiller P/E Ratio of Munters Group AB was 100.77. The lowest was 54.51. And the median was 82.30.


Be Aware

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


Munters Group AB E10 Related Terms


Munters Group AB E10 Historical Data

* Premium members only.

The historical data trend for Munters 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.

Munters Group AB E10 Chart

Munters 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 0.00 0.00 0.00 0.00 0.18

Munters 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 0.00 0.18 0.19 0.18 0.19

STU:1MS vs VLTO, ZWS, CECO: E10 Comparison

For the Pollution & Treatment Controls subindustry, Munters 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.


Munters Group AB Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Munters Group AB's Shiller PE Ratio distribution charts can be found below:

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


STU:1MS
89GF Score
Munters Group AB STU:1MS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Munters 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, Munters 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)
=0.063/133.5600*133.5600
=0.063

Current CPI (Mar. 2026) = 133.5600.

Munters Group AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.006 101.019 0.008
201609 -0.001 101.138 -0.001
201612 0.059 102.022 0.077
201703 -0.022 102.022 -0.029
201706 0.011 102.752 0.014
201709 0.028 103.279 0.036
201712 0.084 103.793 0.108
201803 0.022 103.962 0.028
201806 0.062 104.875 0.079
201809 0.032 105.679 0.040
201812 -0.173 105.912 -0.218
201903 -0.011 105.886 -0.014
201906 0.043 106.742 0.054
201909 -0.123 107.214 -0.153
201912 0.007 107.766 0.009
202003 0.029 106.563 0.036
202006 0.019 107.498 0.024
202009 0.083 107.635 0.103
202012 0.091 108.296 0.112
202103 0.086 108.360 0.106
202106 0.044 108.928 0.054
202109 0.074 110.338 0.090
202112 0.070 112.486 0.083
202203 0.054 114.825 0.063
202206 0.088 118.384 0.099
202209 0.090 122.296 0.098
202212 0.064 126.365 0.068
202303 0.105 127.042 0.110
202306 0.120 129.407 0.124
202309 0.120 130.224 0.123
202312 0.027 131.912 0.027
202403 0.105 132.205 0.106
202406 0.146 132.716 0.147
202409 0.127 132.304 0.128
202412 0.077 132.987 0.077
202503 -0.075 132.825 -0.075
202506 0.046 133.699 0.046
202509 0.085 133.480 0.085
202512 -0.004 133.390 -0.004
202603 0.063 133.560 0.063

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 €0.19 mean?
Munters Group AB (STU:1MS) has a E10 of €0.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Munters Group AB and its competitors.
Is Munters Group AB's E10 too high?
Munters Group AB's current E10 is €0.19. Overall, Munters Group AB has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Munters Group AB's E10 compare to VLTO and ZWS?
Munters Group AB's E10 of €0.19 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Munters Group AB and its competitors. Munters Group AB's current E10 is €0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munters Group AB stock overvalued right now?
Based on GuruFocus' analysis, Munters Group AB (STU:1MS) is currently considered Fairly Valued. The stock's GF Value™ is €16.37, compared to a current price of €15.74 — trading 3.8% below its estimated fair value. The current E10 is €0.19. Munters Group AB's overall GF Score™ is 89/100 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 Munters Group AB (STU:1MS), the current E10 is €0.19 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 Munters Group AB (STU:1MS) Overvalued in 2026?

Based on GuruFocus' analysis, Munters Group AB stock appears to be undervalued. The current stock price of €15.74 is trading 3.8% below its estimated GF Value™ of €16.37. GuruFocus considers Munters Group AB to be Fairly Valued.

Key valuation signals for STU:1MS:

  • E10: €0.19
  • GF Value™: €16.37 vs. price of €15.74 (3.8% below fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the STU:1MS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munters Group AB Business Description

Address Borgarfjordsgatan 16, Box 1188, Kista, SWE, SE-164 40
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions predominantly within the food, pharmaceutical and data center and other sectors. The company operates in segments, which are: AirTech, Data Center Technologies, and FoodTech. The majority of the revenue is generated from its AirTech segment, which manufactures and markets products and solutions for controlling humidity and improving the indoor climate. Geographically, a majority of its revenue is generated from the United States and the rest from China, Germany, the United Kingdom, Canada, Sweden, Australia, France, Denmark, Poland, Mexico, and other markets.
89GF Score

Get the complete analysis for STU:1MS

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

€15.74
Price
€16.37
GF Value