ATEAY (Atea ASA) Shiller PE Ratio: 24.00 (As of Sep. 05, 2026) — 13% Above Median

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.

ATEAY Atea ASA ATEAY
81 GF Score
Price $9.60
GF Value $9.11
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Atea ASA Shiller PE Ratio?

Atea ASA ATEAY 81 Shiller PE Ratio is 24.00 as of Sep. 05, 2026, which is 13% above its 10-year median of 21.31. GuruFocus rates ATEAY with a GF Score™ of 81/100 and a GF Value™ of $9.11 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,019 Software companies, Atea ASA ranks better than 55.74% on this metric.

As of today (2026-09-05), Atea ASA's current share price is $9.60. Atea ASA's E10 for the quarter that ended in Jun. 2026 was $0.40. Atea ASA's Shiller PE Ratio for today is 24.00.

The historical rank and industry rank for Atea ASA's Shiller PE Ratio or its related term are showing as below:

ATEAY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.84   Med: 21.31   Max: 33.26
Current: 22.82

During the past years, Atea ASA's highest Shiller PE Ratio was 33.26. The lowest was 12.84. And the median was 21.31.

ATEAY's Shiller PE Ratio is ranked better than
55.74% of 1019 companies
in the Software industry
Industry Median: 27.55 vs ATEAY: 22.82

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Atea ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atea ASA  (OTCPK:ATEAY) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Atea ASA Shiller PE Ratio Related Terms


Atea ASA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Atea ASA's Shiller PE Ratio 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.

Atea ASA Shiller PE Ratio Chart

Atea ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.92 19.95 20.65 21.69 22.56

Atea ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 23.32 20.63 22.56 19.21 23.06

ATEAY vs IBM, ACN, CTSH: Shiller PE Ratio Comparison

For the Information Technology Services subindustry, Atea ASA'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.


Atea ASA Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Atea ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Atea ASA's Shiller PE Ratio falls into.


ATEAY
81GF Score
Atea ASA ATEAY
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atea ASA Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Atea ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.60/0.40
=24.00

* 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.

Atea ASA's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Atea ASA'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)
=0.1/141.5800*141.5800
=0.100

Current CPI (Jun. 2026) = 141.5800.

Atea ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.053 104.200 0.072
201612 0.159 104.400 0.216
201703 0.038 105.000 0.051
201706 0.046 105.800 0.062
201709 0.073 105.900 0.098
201712 0.146 106.100 0.195
201803 0.051 107.300 0.067
201806 0.047 108.500 0.061
201809 0.051 109.500 0.066
201812 0.108 109.800 0.139
201903 0.042 110.400 0.054
201906 0.051 110.600 0.065
201909 0.068 111.100 0.087
201912 0.108 111.300 0.137
202003 0.002 111.200 0.003
202006 0.071 112.100 0.090
202009 0.074 112.900 0.093
202012 0.147 112.900 0.184
202103 0.066 114.600 0.082
202106 0.074 115.300 0.091
202109 0.094 117.500 0.113
202112 0.148 118.900 0.176
202203 0.066 119.800 0.078
202206 0.102 122.600 0.118
202209 0.085 125.600 0.096
202212 0.135 125.900 0.152
202303 0.075 127.600 0.083
202306 0.080 130.400 0.087
202309 0.076 129.800 0.083
202312 0.105 131.900 0.113
202403 0.081 132.600 0.086
202406 0.058 133.800 0.061
202409 0.080 133.700 0.085
202412 0.097 134.800 0.102
202503 0.067 136.100 0.070
202506 0.069 137.800 0.071
202509 0.101 138.500 0.103
202512 0.145 139.100 0.148
202603 0.180 141.030 0.181
202606 0.100 141.580 0.100

Add all the adjusted EPS together and divide 10 will get our 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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 24.00 mean?
Atea ASA (ATEAY) has a Shiller PE Ratio of 24.00 as of Sep. 05, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Atea ASA and its competitors. This is 13% above median its historical median of 21.31. Over the past decade, Atea ASA's Shiller PE Ratio has ranged from 12.84 to 33.26. According to the industry distribution chart, Atea ASA ranks #451 out of 1019 companies in the Software industry, placing it in the top 44.3%.
Is Atea ASA's Shiller PE Ratio too high?
Atea ASA's current Shiller PE Ratio of 24.00 is 13% above median its 10-year median of 21.31. Over the past 10 years, this metric has ranged from a low of 12.84 to a high of 33.26. The Software industry median Shiller PE Ratio is 27.55. Atea ASA's value of 24.00 is 12.9% below this industry median. Based on the distribution chart, Atea ASA ranks #451 out of 1019 companies in the Software industry, which is above the industry midpoint. Overall, Atea ASA has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atea ASA's Shiller PE Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Atea ASA ranks #451 out of 1019 companies for Shiller PE Ratio. This puts Atea ASA in the upper half of its industry. The industry median Shiller PE Ratio is 27.55. Atea ASA's value of 24.00 is 12.9% below this benchmark. Historically, Atea ASA's own Shiller PE Ratio has ranged from 12.84 to 33.26 over the past decade. While the company's 10-year median is 21.31 vs. the industry median of 27.55, Atea ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Software company?
The median Shiller PE Ratio among Software companies is 27.55, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atea ASA's current Shiller PE Ratio of 24.00 is 12.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Atea ASA and its competitors. For the Software industry, the median Shiller PE Ratio is 27.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atea ASA's current Shiller PE Ratio is 24.00, which is 13% above median its own 10-year median of 21.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atea ASA stock overvalued right now?
Based on GuruFocus' analysis, Atea ASA (ATEAY) is currently considered Fairly Valued. The stock's GF Value™ is $9.11, compared to a current price of $9.60 — trading 5.4% above its estimated fair value. The current Shiller PE Ratio is 24.00, which is 13% above median its 10-year median of 21.31 and 12.9% below the Software industry median of 27.55. Atea ASA's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Atea ASA (ATEAY), the current Shiller PE Ratio is 24.00 as of Sep. 05, 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 Atea ASA (ATEAY) Overvalued in 2026?

Based on GuruFocus' analysis, Atea ASA stock appears to be overvalued. The current stock price of $9.60 is trading 5.4% above its estimated GF Value™ of $9.11. GuruFocus considers Atea ASA to be Fairly Valued.

Key valuation signals for ATEAY:

  • Shiller PE Ratio: 24.00 (13% above median its 10-year median of 21.31)
  • GF Value™: $9.11 vs. price of $9.60 (5.4% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 12.9% below the Software median (#451 of 1019)

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


Atea ASA Business Description

Address Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates the majority of its revenue in Sweden.
81GF Score

Get the complete analysis for ATEAY

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

$9.60
Price
$9.11
GF Value