Axfood AB (CHIX:AXFOS) Shiller PE Ratio: 21.69 (As of Jul. 24, 2026) — 27% Below Median

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CHIX:AXFOS Axfood AB CHIX:AXFOS
85 GF Score
Price kr232.90
GF Value kr297.93
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Axfood AB Shiller PE Ratio?

Axfood AB CHIX:AXFOS 85 Shiller PE Ratio is 21.69 as of Jul. 24, 2026, which is 27% below its 10-year median of 29.78. GuruFocus rates CHIX:AXFOS with a GF Score™ of 85/100 and a GF Value™ of kr297.93 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 197 Retail - Defensive companies, Axfood AB ranks worse than 60.91% on this metric.

As of today (2026-07-24), Axfood AB's current share price is kr232.90. Axfood AB's E10 for the quarter that ended in Jun. 2026 was kr10.74. Axfood AB's Shiller PE Ratio for today is 21.69.

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

CHIX:AXFOs' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.62   Med: 29.78   Max: 41.27
Current: 21.84

During the past years, Axfood AB's highest Shiller PE Ratio was 41.27. The lowest was 21.62. And the median was 29.78.

CHIX:AXFOs's Shiller PE Ratio is ranked worse than
60.91% of 197 companies
in the Retail - Defensive industry
Industry Median: 18.3 vs CHIX:AXFOs: 21.84

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.

Axfood AB's adjusted earnings per share data for the three months ended in Jun. 2026 was kr2.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr10.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axfood AB  (CHIX:AXFOs) 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.


Axfood AB Shiller PE Ratio Related Terms


Axfood AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Axfood AB'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.

Axfood AB Shiller PE Ratio Chart

Axfood AB 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 35.32 32.35 28.09 23.10 27.64

Axfood AB 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 26.83 27.91 27.64 30.47 24.16

CHIX:AXFOS vs KR, SFM: Shiller PE Ratio Comparison

For the Grocery Stores subindustry, Axfood 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.


Axfood AB Shiller PE Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Shiller PE Ratio distribution charts can be found below:

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


CHIX:AXFOS
85GF Score
Axfood AB CHIX:AXFOS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axfood AB 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.

Axfood AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=232.90/10.74
=21.69

* 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.

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

For example, Axfood 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)
=2.93/134.1100*134.1100
=2.930

Current CPI (Jun. 2026) = 134.1100.

Axfood AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 2.201 101.138 2.919
201612 1.448 102.022 1.903
201703 1.458 102.022 1.917
201706 1.795 102.752 2.343
201709 2.211 103.279 2.871
201712 1.449 103.793 1.872
201803 1.596 103.962 2.059
201806 1.993 104.875 2.549
201809 2.221 105.679 2.819
201812 1.527 105.912 1.934
201903 1.666 105.886 2.110
201906 1.983 106.742 2.491
201909 2.469 107.214 3.088
201912 1.656 107.766 2.061
202003 1.904 106.563 2.396
202006 2.191 107.498 2.733
202009 2.915 107.635 3.632
202012 1.993 108.296 2.468
202103 2.132 108.360 2.639
202106 2.250 108.928 2.770
202109 2.890 110.338 3.513
202112 2.880 112.486 3.434
202203 3.260 114.825 3.808
202206 2.740 118.384 3.104
202209 3.390 122.296 3.717
202212 1.600 126.365 1.698
202303 2.190 127.042 2.312
202306 2.910 129.407 3.016
202309 3.360 130.224 3.460
202312 2.410 131.912 2.450
202403 2.590 132.205 2.627
202406 2.670 132.716 2.698
202409 3.250 132.304 3.294
202412 1.610 132.987 1.624
202503 2.080 132.825 2.100
202506 2.830 133.699 2.839
202509 3.290 133.480 3.306
202512 2.590 133.390 2.604
202603 2.410 133.560 2.420
202606 2.930 134.110 2.930

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 21.69 mean?
Axfood AB (CHIX:AXFOS) has a Shiller PE Ratio of 21.69 as of Jul. 24, 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 Axfood AB and its competitors. This is 27% below median its historical median of 29.78. Over the past decade, Axfood AB's Shiller PE Ratio has ranged from 21.62 to 41.27. According to the industry distribution chart, Axfood AB ranks #120 out of 197 companies in the Retail - Defensive industry, placing it in the top 60.9%.
Is Axfood AB's Shiller PE Ratio too high?
Axfood AB's current Shiller PE Ratio of 21.69 is 27% below median its 10-year median of 29.78. Over the past 10 years, this metric has ranged from a low of 21.62 to a high of 41.27. The Retail - Defensive industry median Shiller PE Ratio is 18.30. Axfood AB's value of 21.69 is 18.5% above this industry median. Based on the distribution chart, Axfood AB ranks #120 out of 197 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Axfood AB has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axfood AB's Shiller PE Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Axfood AB ranks #120 out of 197 companies for Shiller PE Ratio. This places Axfood AB in the lower half of its industry. The industry median Shiller PE Ratio is 18.30. Axfood AB's value of 21.69 is 18.5% above this benchmark. Historically, Axfood AB's own Shiller PE Ratio has ranged from 21.62 to 41.27 over the past decade. While the company's 10-year median is 29.78 vs. the industry median of 18.30, Axfood AB has consistently been above 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 Retail - Defensive company?
The median Shiller PE Ratio among Retail - Defensive companies is 18.30, based on 197 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. Axfood AB's current Shiller PE Ratio of 21.69 is 18.5% above 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 Axfood AB and its competitors. For the Retail - Defensive industry, the median Shiller PE Ratio is 18.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axfood AB's current Shiller PE Ratio is 21.69, which is 27% below median its own 10-year median of 29.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axfood AB stock overvalued right now?
Based on GuruFocus' analysis, Axfood AB (CHIX:AXFOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr297.93, compared to a current price of kr232.90 — trading 21.8% below its estimated fair value. The current Shiller PE Ratio is 21.69, which is 27% below median its 10-year median of 29.78 and 18.5% above the Retail - Defensive industry median of 18.30. Axfood AB's overall GF Score™ is 85/100 with 6 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 Axfood AB (CHIX:AXFOS), the current Shiller PE Ratio is 21.69 as of Jul. 24, 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 Axfood AB (CHIX:AXFOS) Overvalued in 2026?

Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued. The current stock price of kr232.90 is trading 21.8% below its estimated GF Value™ of kr297.93. GuruFocus considers Axfood AB to be Modestly Undervalued.

Key valuation signals for CHIX:AXFOS:

  • Shiller PE Ratio: 21.69 (27% below median its 10-year median of 29.78)
  • GF Value™: kr297.93 vs. price of kr232.90 (21.8% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 18.5% above the Retail - Defensive median (#120 of 197)

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


Axfood AB Business Description

Other Exchanges AXFOF:USAAXFO:Sweden0R6R:UK
Address Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
85GF Score

Get the complete analysis for CHIX:AXFOS

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

kr232.90
Price
kr297.93
GF Value