Morrow Bank AB (STU:KBN0) E10: €0.09 (As of Mar. 2026)


STU:KBN0 Morrow Bank AB STU:KBN0
58 GF Score
Price €1.22
GF Value €0.71
! 2 Warning Signs
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What is Morrow Bank AB E10?

Morrow Bank AB STU:KBN0 58 E10 is €0.09 as of Mar. 2026. GuruFocus rates STU:KBN0 with a GF Score™ of 58/100 and a GF Value™ of €0.71. The stock has 2 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.

Morrow Bank AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.023. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.09 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 (2026-07-05), Morrow Bank AB's current stock price is €1.21548. Morrow Bank AB's E10 for the quarter that ended in Mar. 2026 was €0.09. Morrow Bank AB's Shiller PE Ratio of today is 13.51.

During the past 12 years, the highest Shiller PE Ratio of Morrow Bank AB was 15.38. The lowest was 5.85. And the median was 13.39.


Morrow Bank AB  (STU:KBN0) 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.

Morrow Bank AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.21548/0.09
=13.51

* 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 Morrow Bank AB was 15.38. The lowest was 5.85. And the median was 13.39.


Be Aware

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


Morrow Bank AB E10 Related Terms


Morrow Bank AB E10 Historical Data

* Premium members only.

The historical data trend for Morrow Bank 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.

Morrow Bank AB E10 Chart

Morrow Bank 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 0.21

Morrow Bank 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 0.00 0.00 0.21 0.09

STU:KBN0 vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Morrow Bank 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.


Morrow Bank AB Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Morrow Bank AB's Shiller PE Ratio distribution charts can be found below:

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


STU:KBN0
58GF Score
Morrow Bank AB STU:KBN0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Morrow Bank 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, Morrow Bank 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)
=0.023/133.5600*133.5600
=0.023

Current CPI (Mar. 2026) = 133.5600.

Morrow Bank AB Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 100.276 0.000
201609 0.030 101.138 0.040
201612 0.031 102.022 0.041
201703 0.034 102.022 0.045
201706 0.036 102.752 0.047
201709 0.059 103.279 0.076
201712 0.020 103.793 0.026
201803 0.039 103.962 0.050
201806 0.049 104.875 0.062
201809 0.041 105.679 0.052
201812 0.043 105.912 0.054
201903 0.040 105.886 0.050
201906 0.032 106.742 0.040
201909 0.043 107.214 0.054
201912 -0.011 107.766 -0.014
202003 0.021 106.563 0.026
202006 0.036 107.498 0.045
202009 0.032 107.635 0.040
202012 0.031 108.296 0.038
202103 0.031 108.360 0.038
202106 0.023 108.928 0.028
202109 -0.186 110.338 -0.225
202112 0.014 112.486 0.017
202203 0.017 114.825 0.020
202206 0.016 118.384 0.018
202209 0.008 122.296 0.009
202212 -0.046 126.365 -0.049
202303 0.016 127.042 0.017
202306 0.015 129.407 0.015
202309 0.011 130.224 0.011
202312 0.011 131.912 0.011
202403 0.015 132.205 0.015
202406 0.017 132.716 0.017
202409 0.017 132.304 0.017
202412 0.020 132.987 0.020
202503 0.021 132.825 0.021
202506 0.023 133.699 0.023
202509 0.024 133.480 0.024
202512 0.025 133.390 0.025
202603 0.023 133.560 0.023

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 €0.09 mean?
Morrow Bank AB (STU:KBN0) has a E10 of €0.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Morrow Bank AB and its competitors.
Is Morrow Bank AB's E10 too high?
Morrow Bank AB's current E10 is €0.09. Overall, Morrow Bank AB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Morrow Bank AB's E10 compare to PNC and USB?
Morrow Bank AB's E10 of €0.09 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 Morrow Bank AB and its competitors. Morrow Bank AB's current E10 is €0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morrow Bank AB stock overvalued right now?
Morrow Bank AB (STU:KBN0) has a current E10 of €0.09. The stock's GF Value™ is €0.71, compared to a current price of €1.22 — trading 71.2% above its estimated fair value. The current E10 is €0.09. Morrow Bank AB's overall GF Score™ is 58/100 with 2 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 Morrow Bank AB (STU:KBN0), the current E10 is €0.09 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 Morrow Bank AB (STU:KBN0) Overvalued in 2026?

Based on GuruFocus' analysis, Morrow Bank AB stock appears to be overvalued. The current stock price of €1.22 is trading 71.2% above its estimated GF Value™ of €0.71.

Key valuation signals for STU:KBN0:

  • E10: €0.09
  • GF Value™: €0.71 vs. price of €1.22 (71.2% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the STU:KBN0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morrow Bank AB Business Description

Other Exchanges MORROW:SwedenKBN0:Germany
Address Torsgatan 13, Stockholm, SWE, 111 23
Morrow Bank AB is a Swedish bank offering convenient payment and financing products to consumers. It is a focused Nordic digital niche bank offering personal loans, credit cards, deposit accounts, and online point-of-sales finance products to consumers.
58GF Score

Get the complete analysis for STU:KBN0

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

€1.22
Price
€0.71
GF Value