Safe at Sea AB (XSAT:SAFE) E10: kr-0.47 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

XSAT:SAFE Safe at Sea AB XSAT:SAFE
43 GF Score
Price kr1.22
GF Value kr0.97
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Safe at Sea AB E10?

Safe at Sea AB XSAT:SAFE -0.82% 43 E10 is kr-0.47 as of Mar. 2026. GuruFocus rates XSAT:SAFE with a GF Score™ of 43/100 and a GF Value™ of kr0.97 (Modestly Overvalued). The stock has 3 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.

Safe at Sea AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.47 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Safe at Sea AB was 36.40% per year. The lowest was 25.20% per year. And the median was 30.80% per year.

As of today (2026-07-27), Safe at Sea AB's current stock price is kr1.215. Safe at Sea AB's E10 for the quarter that ended in Mar. 2026 was kr-0.47. Safe at Sea AB's Shiller PE Ratio of today is .


Safe at Sea AB  (XSAT:SAFE) 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 Aware

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


Safe at Sea AB E10 Related Terms


Safe at Sea AB E10 Historical Data

* Premium members only.

The historical data trend for Safe at Sea 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.

Safe at Sea AB E10 Chart

Safe at Sea 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 -1.34 0.00 -0.53 -0.56 -0.50

Safe at Sea 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 -0.56 -0.55 -0.52 -0.50 -0.47

XSAT:SAFE vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, Safe at Sea 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.


Safe at Sea AB Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Safe at Sea AB's Shiller PE Ratio distribution charts can be found below:

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


XSAT:SAFE
43GF Score
Safe at Sea AB XSAT:SAFE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safe at Sea 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, Safe at Sea 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)
=0.009/133.5600*133.5600
=0.009

Current CPI (Mar. 2026) = 133.5600.

Safe at Sea AB Quarterly Data

per share eps CPI Adj_EPS
201606 -0.031 101.019 -0.041
201609 -0.230 101.138 -0.304
201612 -0.840 102.022 -1.100
201703 0.256 102.022 0.335
201706 -0.201 102.752 -0.261
201709 -0.242 103.279 -0.313
201712 -0.546 103.793 -0.703
201803 -0.122 103.962 -0.157
201806 -0.109 104.875 -0.139
201809 -0.271 105.679 -0.342
201812 -0.035 105.912 -0.044
201903 -0.309 105.886 -0.390
201906 -0.084 106.742 -0.105
201909 -0.275 107.214 -0.343
201912 -0.078 107.766 -0.097
202003 0.018 106.563 0.023
202006 0.000 107.498 0.000
202009 -0.140 107.635 -0.174
202012 0.063 108.296 0.078
202103 0.000 108.360 0.000
202106 -0.069 108.928 -0.085
202109 -0.086 110.338 -0.104
202112 -0.089 112.486 -0.106
202203 -0.075 114.825 -0.087
202206 -0.064 118.384 -0.072
202209 -0.021 122.296 -0.023
202212 0.000 126.365 0.000
202303 0.008 127.042 0.008
202306 0.020 129.407 0.021
202309 0.002 130.224 0.002
202312 0.009 131.912 0.009
202403 0.010 132.205 0.010
202406 0.007 132.716 0.007
202409 0.016 132.304 0.016
202412 0.028 132.987 0.028
202503 0.006 132.825 0.006
202506 0.028 133.699 0.028
202509 0.047 133.480 0.047
202512 0.007 133.390 0.007
202603 0.009 133.560 0.009

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 kr-0.47 mean?
Safe at Sea AB (XSAT:SAFE) has a E10 of kr-0.47 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Safe at Sea AB and its competitors.
Is Safe at Sea AB's E10 too high?
Safe at Sea AB's current E10 is kr-0.47. Overall, Safe at Sea AB has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe at Sea AB's E10 compare to ALLE and MSA?
Safe at Sea AB's E10 of kr-0.47 can be compared against companies in the Business 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 Business Services company?
A good E10 depends on the Business 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 Safe at Sea AB and its competitors. Safe at Sea AB's current E10 is kr-0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe at Sea AB stock overvalued right now?
Based on GuruFocus' analysis, Safe at Sea AB (XSAT:SAFE) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.97, compared to a current price of kr1.22 — trading 25.3% above its estimated fair value. The current E10 is kr-0.47. Safe at Sea AB's overall GF Score™ is 43/100 with 3 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 Safe at Sea AB (XSAT:SAFE), the current E10 is kr-0.47 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 Safe at Sea AB (XSAT:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safe at Sea AB stock appears to be overvalued. The current stock price of kr1.22 is trading 25.3% above its estimated GF Value™ of kr0.97. GuruFocus considers Safe at Sea AB to be Modestly Overvalued.

Key valuation signals for XSAT:SAFE:

  • E10: kr-0.47
  • GF Value™: kr0.97 vs. price of kr1.22 (25.3% above fair value)
  • GF Score™: 43/100 with 3 warning signs

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


Safe at Sea AB Business Description

Address Importgatan 15F, Hisings Backa, SWE, 442 46
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.
43GF Score

Get the complete analysis for XSAT:SAFE

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

kr1.22
Price
kr0.97
GF Value