BE Group AB (STU:BGA1) E10: €0.32 (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.

STU:BGA1 BE Group AB STU:BGA1
58 GF Score
Price €2.47
GF Value €2.31
! 6 Warning Signs
View Full Analysis

What is BE Group AB E10?

BE Group AB STU:BGA1 +1.65% 58 E10 is €0.32 as of Jun. 2026. GuruFocus rates STU:BGA1 with a GF Score™ of 58/100 and a GF Value™ of €2.31. The stock has 6 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.

BE Group AB's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.32 for the trailing ten years ended in Jun. 2026.

During the past 12 months, BE Group AB's average E10 Growth Rate was 68.50% per year. During the past 3 years, the average E10 Growth Rate was -6.00% 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 BE Group AB was 51.70% per year. The lowest was -6.00% per year. And the median was 22.85% per year.

As of today (2026-07-22), BE Group AB's current stock price is €2.47. BE Group AB's E10 for the quarter that ended in Jun. 2026 was €0.32. BE Group AB's Shiller PE Ratio of today is 7.72.

During the past 13 years, the highest Shiller PE Ratio of BE Group AB was 80.53. The lowest was 6.46. And the median was 11.05.


BE Group AB  (STU:BGA1) 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 Group AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.47/0.32
=7.72

* 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 BE Group AB was 80.53. The lowest was 6.46. And the median was 11.05.


Be Aware

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


BE Group AB E10 Related Terms


BE Group AB E10 Historical Data

* Premium members only.

The historical data trend for BE 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.

BE Group AB E10 Chart

BE 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 -0.09 0.35 0.41 0.49 0.29

BE Group 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 0.19 0.28 0.29 0.32 0.32

STU:BGA1 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, BE 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.


BE Group AB Shiller PE Ratio vs Steel Industry

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

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


STU:BGA1
58GF Score
BE Group AB STU:BGA1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BE 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, BE Group 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)
=0.065/134.1100*134.1100
=0.065

Current CPI (Jun. 2026) = 134.1100.

BE Group AB Quarterly Data

per share eps CPI Adj_EPS
201609 0.117 101.138 0.155
201612 -0.018 102.022 -0.024
201703 0.242 102.022 0.318
201706 -0.095 102.752 -0.124
201709 0.067 103.279 0.087
201712 -0.036 103.793 -0.047
201803 0.267 103.962 0.344
201806 0.047 104.875 0.060
201809 0.148 105.679 0.188
201812 0.072 105.912 0.091
201903 0.133 105.886 0.168
201906 0.121 106.742 0.152
201909 0.025 107.214 0.031
201912 0.049 107.766 0.061
202003 -0.144 106.563 -0.181
202006 0.114 107.498 0.142
202009 -0.027 107.635 -0.034
202012 0.093 108.296 0.115
202103 0.429 108.360 0.531
202106 0.861 108.928 1.060
202109 1.187 110.338 1.443
202112 0.871 112.486 1.038
202203 0.969 114.825 1.132
202206 1.628 118.384 1.844
202209 0.170 122.296 0.186
202212 -0.635 126.365 -0.674
202303 -0.018 127.042 -0.019
202306 0.113 129.407 0.117
202309 -0.247 130.224 -0.254
202312 -0.206 131.912 -0.209
202403 -0.028 132.205 -0.028
202406 0.010 132.716 0.010
202409 0.120 132.304 0.122
202412 -0.379 132.987 -0.382
202503 -0.099 132.825 -0.100
202506 -3.202 133.699 -3.212
202509 -0.177 133.480 -0.178
202512 -0.175 133.390 -0.176
202603 0.023 133.560 0.023
202606 0.065 134.110 0.065

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 €0.32 mean?
BE Group AB (STU:BGA1) has a E10 of €0.32 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BE Group AB and its competitors.
Is BE Group AB's E10 too high?
BE Group AB's current E10 is €0.32. Overall, BE Group AB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does BE Group AB's E10 compare to NUE and STLD?
BE Group AB's E10 of €0.32 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 BE Group AB and its competitors. BE Group AB's current E10 is €0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BE Group AB stock overvalued right now?
BE Group AB (STU:BGA1) has a current E10 of €0.32. The stock's GF Value™ is €2.31, compared to a current price of €2.47 — trading 6.9% above its estimated fair value. The current E10 is €0.32. BE Group AB's overall GF Score™ is 58/100 with 6 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 BE Group AB (STU:BGA1), the current E10 is €0.32 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 BE Group AB (STU:BGA1) Overvalued in 2026?

Based on GuruFocus' analysis, BE Group AB stock appears to be overvalued. The current stock price of €2.47 is trading 6.9% above its estimated GF Value™ of €2.31.

Key valuation signals for STU:BGA1:

  • E10: €0.32
  • GF Value™: €2.31 vs. price of €2.47 (6.9% above fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the STU:BGA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BE Group AB Business Description

Other Exchanges BEGR:Sweden0RGK:UK
Address Krangatan 19B, Box 225, Malmo, SWE, 201 22
BE Group AB is a steel service company engaged in trading and servicing steel, stainless steel, aluminium and other related products. The company offers direct deliveries, inventory sales and production services within the construction and engineering sectors. Its product range consists of commercial steel and tubes, engineering steel, reinforcing steel, stainless steel and aluminium. In addition, the company's resources for production service include cutting and sawing of steel, stainless steel and aluminium, shot-blasting and protective painting, cutting and drilling facilities, integrated in-line, flame-cutting, slitting and cutting to length and pre-processing of reinforcing steel. Geographically, the segments of the company are Sweden and Polen; Finland and the Baltics.
58GF Score

Get the complete analysis for STU:BGA1

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

€2.47
Price
€2.31
GF Value