Telia Company AB (STU:TLS) E10: €0.02 (As of Mar. 2026)


STU:TLS Telia Company AB STU:TLS
66 GF Score
Price €4.38
GF Value €2.80
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Telia Company AB E10?

Telia Company AB STU:TLS +0.34% 66 E10 is €0.02 as of Mar. 2026. GuruFocus rates STU:TLS with a GF Score™ of 66/100 and a GF Value™ of €2.80 (Significantly Overvalued). 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.

Telia Company AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.039. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Telia Company AB's average E10 Growth Rate was -41.20% per year. During the past 3 years, the average E10 Growth Rate was -37.40% per year. During the past 5 years, the average E10 Growth Rate was -33.90% 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 Telia Company AB was -5.50% per year. The lowest was -37.60% per year. And the median was -28.30% per year.

As of today (2026-06-28), Telia Company AB's current stock price is €4.382. Telia Company AB's E10 for the quarter that ended in Mar. 2026 was €0.02. Telia Company AB's Shiller PE Ratio of today is 219.10.

During the past 13 years, the highest Shiller PE Ratio of Telia Company AB was 258.40. The lowest was 9.82. And the median was 19.11.


Telia Company AB  (STU:TLS) 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.

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

Shiller PE Ratio=Share Price/E10
=4.382/0.02
=219.10

* 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 Telia Company AB was 258.40. The lowest was 9.82. And the median was 19.11.


Be Aware

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


Telia Company AB E10 Related Terms


Telia Company AB E10 Historical Data

* Premium members only.

The historical data trend for Telia Company 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.

Telia Company AB E10 Chart

Telia Company 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 0.18 0.10 0.06 0.04 0.02

Telia Company 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 0.03 0.03 0.02 0.02 0.02

STU:TLS vs TMUS, VZ, T: E10 Comparison

For the Telecom Services subindustry, Telia Company 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.


Telia Company AB Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telia Company AB's Shiller PE Ratio distribution charts can be found below:

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


STU:TLS
66GF Score
Telia Company AB STU:TLS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telia Company 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, Telia Company 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)
=0.039/133.3862*133.3862
=0.039

Current CPI (Mar. 2026) = 133.3862.

Telia Company AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.035 101.019 0.046
201609 -0.212 101.138 -0.280
201612 0.174 102.022 0.227
201703 0.167 102.022 0.218
201706 -0.007 102.752 -0.009
201709 0.056 103.279 0.072
201712 0.018 103.793 0.023
201803 -0.016 103.962 -0.021
201806 0.049 104.875 0.062
201809 0.063 105.679 0.080
201812 -0.024 105.912 -0.030
201903 0.041 105.886 0.052
201906 0.036 106.742 0.045
201909 0.053 107.214 0.066
201912 0.031 107.766 0.038
202003 0.025 106.563 0.031
202006 -0.048 107.498 -0.060
202009 0.059 107.635 0.073
202012 -0.591 108.296 -0.728
202103 0.023 108.360 0.028
202106 0.195 108.928 0.239
202109 0.038 110.338 0.046
202112 0.027 112.486 0.032
202203 0.022 114.825 0.026
202206 0.035 118.384 0.039
202209 0.039 122.296 0.043
202212 -0.423 126.365 -0.447
202303 0.013 127.042 0.014
202306 0.016 129.407 0.016
202309 0.039 130.224 0.040
202312 -0.065 131.912 -0.066
202403 0.013 132.205 0.013
202406 0.105 132.716 0.106
202409 0.052 132.304 0.052
202412 -0.011 132.987 -0.011
202503 0.012 132.825 0.012
202506 0.045 133.699 0.045
202509 0.055 133.482 0.055
202512 -0.030 133.386 -0.030
202603 0.039 133.386 0.039

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 €0.02 mean?
Telia Company AB (STU:TLS) has a E10 of €0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Telia Company AB and its competitors.
Is Telia Company AB's E10 too high?
Telia Company AB's current E10 is €0.02. Overall, Telia Company AB has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telia Company AB's E10 compare to TMUS and VZ?
Telia Company AB's E10 of €0.02 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good E10 depends on the Telecommunication Services 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 Telia Company AB and its competitors. Telia Company AB's current E10 is €0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telia Company AB stock overvalued right now?
Based on GuruFocus' analysis, Telia Company AB (STU:TLS) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.80, compared to a current price of €4.38 — trading 56.5% above its estimated fair value. The current E10 is €0.02. Telia Company AB's overall GF Score™ is 66/100 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 Telia Company AB (STU:TLS), the current E10 is €0.02 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 Telia Company AB (STU:TLS) Overvalued in 2026?

Based on GuruFocus' analysis, Telia Company AB stock appears to be overvalued. The current stock price of €4.38 is trading 56.5% above its estimated GF Value™ of €2.80. GuruFocus considers Telia Company AB to be Significantly Overvalued.

Key valuation signals for STU:TLS:

  • E10: €0.02
  • GF Value™: €2.80 vs. price of €4.38 (56.5% above fair value)
  • GF Score™: 66/100 with 7 warning signs

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


Telia Company AB Business Description

Address Stjarntorget 1, Solna, SWE, 169 94
Telia is the incumbent telecom operator in Sweden. It also operates in Norway, Finland, and the Baltic countries. In the past five years, Telia has been narrowing its business focus, divesting businesses in Asia and focusing on its core markets.
66GF Score

Get the complete analysis for STU:TLS

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

€4.38
Price
€2.80
GF Value