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Bavarian Nordic ASCHIX:BAVAC 73 Shiller PE Ratio is 49.50 as of Sep. 11, 2026, which is 59% below its 10-year median of 119.36. GuruFocus rates CHIX:BAVAC with a GF Score™ of 73/100 and a GF Value™ of kr176.25 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 170 Biotechnology companies, Bavarian Nordic AS ranks worse than 63.53% on this metric.
The historical rank and industry rank for Bavarian Nordic AS's Shiller PE Ratio or its related term are showing as below:
CHIX:BAVAc'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 41.04 Med: 119.36 Max: 1267.86
Current: 47.68
During the past years, Bavarian Nordic AS's highest Shiller PE Ratio was 1267.86. The lowest was 41.04. And the median was 119.36.
CHIX:BAVAc's Shiller PE Ratio is ranked worse than 63.53% of 170
companies
in the Biotechnology industry
Industry Median: 32.995
vs CHIX:BAVAc: 47.68
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.
Bavarian Nordic AS's adjusted earnings per share data for the three months ended in Jun. 2026 was kr8.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr4.38 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Bavarian Nordic AS (CHIX:BAVAc) 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.
Bavarian Nordic AS Shiller PE Ratio Related Terms
Bavarian Nordic AS Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Bavarian Nordic AS'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.
CHIX:BAVAC vs VRTX, REGN, MRNA: Shiller PE Ratio Comparison
For the Biotechnology subindustry, Bavarian Nordic AS'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.
Bavarian Nordic AS Shiller PE Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Bavarian Nordic AS's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Bavarian Nordic AS's Shiller PE Ratio falls into.
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.
* 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.
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.
Bavarian Nordic AS (CHIX:BAVAC) has a Shiller PE Ratio of 49.50 as of Sep. 11, 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 Bavarian Nordic AS and its competitors. This is 59% below median its historical median of 119.36. Over the past decade, Bavarian Nordic AS's Shiller PE Ratio has ranged from 41.04 to 1,267.86. According to the industry distribution chart, Bavarian Nordic AS ranks #108 out of 170 companies in the Biotechnology industry, placing it in the top 63.5%.
Is Bavarian Nordic AS's Shiller PE Ratio too high?
Bavarian Nordic AS's current Shiller PE Ratio of 49.50 is 59% below median its 10-year median of 119.36. Over the past 10 years, this metric has ranged from a low of 41.04 to a high of 1,267.86. The Biotechnology industry median Shiller PE Ratio is 33.00. Bavarian Nordic AS's value of 49.50 is 50% above this industry median. Based on the distribution chart, Bavarian Nordic AS ranks #108 out of 170 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Bavarian Nordic AS has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bavarian Nordic AS's Shiller PE Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Bavarian Nordic AS ranks #108 out of 170 companies for Shiller PE Ratio. This places Bavarian Nordic AS in the lower half of its industry. The industry median Shiller PE Ratio is 33.00. Bavarian Nordic AS's value of 49.50 is 50% above this benchmark. Historically, Bavarian Nordic AS's own Shiller PE Ratio has ranged from 41.04 to 1,267.86 over the past decade. While the company's 10-year median is 119.36 vs. the industry median of 33.00, Bavarian Nordic AS 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 Biotechnology company?
The median Shiller PE Ratio among Biotechnology companies is 33.00, based on 170 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. Bavarian Nordic AS's current Shiller PE Ratio of 49.50 is 50% 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 Bavarian Nordic AS and its competitors. For the Biotechnology industry, the median Shiller PE Ratio is 33.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bavarian Nordic AS's current Shiller PE Ratio is 49.50, which is 59% below median its own 10-year median of 119.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bavarian Nordic AS stock overvalued right now?
Based on GuruFocus' analysis, Bavarian Nordic AS (CHIX:BAVAC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr176.25, compared to a current price of kr216.80 — trading 23% above its estimated fair value. The current Shiller PE Ratio is 49.50, which is 59% below median its 10-year median of 119.36 and 50% above the Biotechnology industry median of 33.00. Bavarian Nordic AS's overall GF Score™ is 73/100 with 2 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 Bavarian Nordic AS (CHIX:BAVAC), the current Shiller PE Ratio is 49.50 as of Sep. 11, 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 Bavarian Nordic AS (CHIX:BAVAC) Overvalued in 2026?
Based on GuruFocus' analysis, Bavarian Nordic AS stock appears to be overvalued.
The current stock price of kr216.80 is trading 23% above its estimated GF Value™ of kr176.25.
GuruFocus considers Bavarian Nordic AS to be Modestly Overvalued.
Key valuation signals for CHIX:BAVAC:
Shiller PE Ratio: 49.50 (59% below median its 10-year median of 119.36)
GF Value™: kr176.25 vs. price of kr216.80 (23% above fair value)
Industry Position: 50% above the Biotechnology median (#108 of 170)
No single metric tells the full story. See the CHIX:BAVAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bavarian Nordic AS is a biotechnology company focused on the research, development, manufacturing, and commercialization of life-saving vaccines. The group is a supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and has a portfolio of travel vaccines. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets. Its products include Encepur, Jynneos, Rabipur, Vaxchora, VIMKUNYA and Vivotif.
73GF Score
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