Trelleborg AB (STU:TLLB) E10: €1.52 (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:TLLB Trelleborg AB STU:TLLB
88 GF Score
Price €38.78
GF Value €36.87
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Trelleborg AB E10?

Trelleborg AB STU:TLLB +1.31% 88 E10 is €1.52 as of Jun. 2026. GuruFocus rates STU:TLLB with a GF Score™ of 88/100 and a GF Value™ of €36.87 (Fairly Valued). The stock has 7 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.

Trelleborg AB's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.442. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Trelleborg AB's average E10 Growth Rate was -7.80% per year. During the past 3 years, the average E10 Growth Rate was 10.90% per year. During the past 5 years, the average E10 Growth Rate was 14.70% 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 Trelleborg AB was 20.40% per year. The lowest was 3.30% per year. And the median was 11.85% per year.

As of today (2026-08-22), Trelleborg AB's current stock price is €38.78. Trelleborg AB's E10 for the quarter that ended in Jun. 2026 was €1.52. Trelleborg AB's Shiller PE Ratio of today is 25.51.

During the past 13 years, the highest Shiller PE Ratio of Trelleborg AB was 26.17. The lowest was 10.10. And the median was 19.59.


Trelleborg AB  (STU:TLLB) 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.

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

Shiller PE Ratio=Share Price/E10
=38.78/1.52
=25.51

* 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 13 years, the highest Shiller P/E Ratio of Trelleborg AB was 26.17. The lowest was 10.10. And the median was 19.59.


Be Aware

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


Trelleborg AB E10 Related Terms


Trelleborg AB E10 Historical Data

* Premium members only.

The historical data trend for Trelleborg 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.

Trelleborg AB E10 Chart

Trelleborg 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 1.09 1.21 1.57 1.57 1.69

Trelleborg 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 1.68 1.66 1.69 1.72 1.52

STU:TLLB vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Trelleborg 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.


Trelleborg AB Shiller PE Ratio vs Industrial Products Industry

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

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


STU:TLLB
88GF Score
Trelleborg AB STU:TLLB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trelleborg 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, Trelleborg 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)
=0.442/134.6100*134.6100
=0.442

Current CPI (Jun. 2026) = 134.6100.

Trelleborg AB Quarterly Data

per share eps CPI Adj_EPS
201609 0.243 101.138 0.323
201612 0.198 102.022 0.261
201703 0.475 102.022 0.627
201706 0.279 102.752 0.366
201709 0.245 103.279 0.319
201712 0.102 103.793 0.132
201803 0.331 103.962 0.429
201806 0.322 104.875 0.413
201809 0.276 105.679 0.352
201812 0.216 105.912 0.275
201903 0.299 105.886 0.380
201906 0.280 106.742 0.353
201909 0.228 107.214 0.286
201912 -0.886 107.766 -1.107
202003 0.280 106.563 0.354
202006 0.201 107.498 0.252
202009 0.231 107.635 0.289
202012 0.239 108.296 0.297
202103 0.401 108.360 0.498
202106 0.361 108.928 0.446
202109 0.316 110.338 0.386
202112 0.270 112.486 0.323
202203 0.456 114.825 0.535
202206 0.535 118.384 0.608
202209 0.443 122.296 0.488
202212 0.423 126.365 0.451
202303 0.475 127.042 0.503
202306 2.372 129.407 2.467
202309 0.325 130.224 0.336
202312 0.304 131.912 0.310
202403 0.359 132.205 0.366
202406 0.367 132.716 0.372
202409 0.312 132.304 0.317
202412 0.347 132.987 0.351
202503 0.372 132.825 0.377
202506 0.366 133.699 0.368
202509 0.358 133.480 0.361
202512 0.341 133.390 0.344
202603 0.404 133.560 0.407
202606 0.442 134.610 0.442

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 €1.52 mean?
Trelleborg AB (STU:TLLB) has a E10 of €1.52 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Trelleborg AB and its competitors.
Is Trelleborg AB's E10 too high?
Trelleborg AB's current E10 is €1.52. Overall, Trelleborg AB has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trelleborg AB's E10 compare to GEV and ETN?
Trelleborg AB's E10 of €1.52 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 Trelleborg AB and its competitors. Trelleborg AB's current E10 is €1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trelleborg AB stock overvalued right now?
Based on GuruFocus' analysis, Trelleborg AB (STU:TLLB) is currently considered Fairly Valued. The stock's GF Value™ is €36.87, compared to a current price of €38.78 — trading 5.2% above its estimated fair value. The current E10 is €1.52. Trelleborg AB's overall GF Score™ is 88/100 with 7 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 Trelleborg AB (STU:TLLB), the current E10 is €1.52 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 Trelleborg AB (STU:TLLB) Overvalued in 2026?

Based on GuruFocus' analysis, Trelleborg AB stock appears to be overvalued. The current stock price of €38.78 is trading 5.2% above its estimated GF Value™ of €36.87. GuruFocus considers Trelleborg AB to be Fairly Valued.

Key valuation signals for STU:TLLB:

  • E10: €1.52
  • GF Value™: €36.87 vs. price of €38.78 (5.2% above fair value)
  • GF Score™: 88/100 with 7 warning signs

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


Trelleborg AB Business Description

Address Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on enhancing performance, reliability and sustainability for customers in aerospace, automotive, energy & renewables, healthcare & medical, marine, water infrastructure and general industrial markets. The company has different business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions and Trelleborg Sealing Solutions. The group's products include precision sealing systems, antivibration and noise-damping components, fluid-handling solutions, engineered coated fabrics and others.
88GF Score

Get the complete analysis for STU:TLLB

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

€38.78
Price
€36.87
GF Value