CTT Systems AB (CHIX:CTTS) Shiller PE Ratio: 24.02 (As of Sep. 09, 2026) — 62% Below 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.

CHIX:CTTS CTT Systems AB CHIX:CTTS
77 GF Score
Price kr194.60
GF Value kr307.38
! 3 Warning Signs
View Full Analysis

What is CTT Systems AB Shiller PE Ratio?

CTT Systems AB CHIX:CTTS 77 Shiller PE Ratio is 24.02 as of Sep. 09, 2026, which is 62% below its 10-year median of 62.83. GuruFocus rates CHIX:CTTS with a GF Score™ of 77/100 and a GF Value™ of kr307.38. The stock has 3 warning signs investors should review. Among 162 Aerospace & Defense companies, CTT Systems AB ranks better than 80.25% on this metric.

As of today (2026-09-09), CTT Systems AB's current share price is kr194.60. CTT Systems AB's E10 for the quarter that ended in Jun. 2026 was kr8.10. CTT Systems AB's Shiller PE Ratio for today is 24.02.

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

CHIX:CTTs' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.97   Med: 62.83   Max: 156.64
Current: 26.53

During the past years, CTT Systems AB's highest Shiller PE Ratio was 156.64. The lowest was 21.97. And the median was 62.83.

CHIX:CTTs's Shiller PE Ratio is ranked better than
80.25% of 162 companies
in the Aerospace & Defense industry
Industry Median: 57.175 vs CHIX:CTTs: 26.53

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.

CTT Systems AB's adjusted earnings per share data for the three months ended in Jun. 2026 was kr0.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr8.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTT Systems AB  (CHIX:CTTs) 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.


CTT Systems AB Shiller PE Ratio Related Terms


CTT Systems AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for CTT Systems 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.

CTT Systems AB Shiller PE Ratio Chart

CTT Systems 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 78.48 58.98 50.74 53.83 37.48

CTT Systems 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 41.30 41.63 37.48 24.65 24.04

CHIX:CTTS vs SPCX, GE, RTX: Shiller PE Ratio Comparison

For the Aerospace & Defense subindustry, CTT Systems 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.


CTT Systems AB Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Shiller PE Ratio distribution charts can be found below:

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


CHIX:CTTS
77GF Score
CTT Systems AB CHIX:CTTS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTT Systems 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.

CTT Systems AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=194.60/8.10
=24.02

* 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.

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

For example, CTT Systems 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)
=0.79/134.6100*134.6100
=0.790

Current CPI (Jun. 2026) = 134.6100.

CTT Systems AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.770 101.138 1.025
201612 0.806 102.022 1.063
201703 0.960 102.022 1.267
201706 0.960 102.752 1.258
201709 1.070 103.279 1.395
201712 0.782 103.793 1.014
201803 0.800 103.962 1.036
201806 1.520 104.875 1.951
201809 1.730 105.679 2.204
201812 1.510 105.912 1.919
201903 1.440 105.886 1.831
201906 2.100 106.742 2.648
201909 2.310 107.214 2.900
201912 1.540 107.766 1.924
202003 1.450 106.563 1.832
202006 0.480 107.498 0.601
202009 0.400 107.635 0.500
202012 0.150 108.296 0.186
202103 -0.260 108.360 -0.323
202106 0.490 108.928 0.606
202109 0.560 110.338 0.683
202112 0.340 112.486 0.407
202203 0.760 114.825 0.891
202206 1.210 118.384 1.376
202209 1.900 122.296 2.091
202212 1.420 126.365 1.513
202303 1.430 127.042 1.515
202306 1.980 129.407 2.060
202309 2.020 130.224 2.088
202312 2.190 131.912 2.235
202403 1.960 132.205 1.996
202406 1.960 132.716 1.988
202409 0.980 132.304 0.997
202412 1.930 132.987 1.954
202503 0.300 132.825 0.304
202506 1.190 133.699 1.198
202509 1.150 133.480 1.160
202512 0.450 133.390 0.454
202603 0.530 133.560 0.534
202606 0.790 134.610 0.790

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 24.02 mean?
CTT Systems AB (CHIX:CTTS) has a Shiller PE Ratio of 24.02 as of Sep. 09, 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 CTT Systems AB and its competitors. This is 62% below median its historical median of 62.83. Over the past decade, CTT Systems AB's Shiller PE Ratio has ranged from 21.97 to 156.64. According to the industry distribution chart, CTT Systems AB ranks #32 out of 162 companies in the Aerospace & Defense industry, placing it in the top 19.8%.
Is CTT Systems AB's Shiller PE Ratio too high?
CTT Systems AB's current Shiller PE Ratio of 24.02 is 62% below median its 10-year median of 62.83. Over the past 10 years, this metric has ranged from a low of 21.97 to a high of 156.64. The Aerospace & Defense industry median Shiller PE Ratio is 57.18. CTT Systems AB's value of 24.02 is 58% below this industry median. Based on the distribution chart, CTT Systems AB ranks #32 out of 162 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, CTT Systems AB has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does CTT Systems AB's Shiller PE Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CTT Systems AB ranks #32 out of 162 companies for Shiller PE Ratio. This places CTT Systems AB in the top 20% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 57.18. CTT Systems AB's value of 24.02 is 58% below this benchmark. Historically, CTT Systems AB's own Shiller PE Ratio has ranged from 21.97 to 156.64 over the past decade. While the company's 10-year median is 62.83 vs. the industry median of 57.18, CTT Systems AB 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 an Aerospace & Defense company?
The median Shiller PE Ratio among Aerospace & Defense companies is 57.18, based on 162 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. CTT Systems AB's current Shiller PE Ratio of 24.02 is 58% 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 CTT Systems AB and its competitors. For the Aerospace & Defense industry, the median Shiller PE Ratio is 57.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTT Systems AB's current Shiller PE Ratio is 24.02, which is 62% below median its own 10-year median of 62.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTT Systems AB stock overvalued right now?
CTT Systems AB (CHIX:CTTS) has a current Shiller PE Ratio of 24.02. The stock's GF Value™ is kr307.38, compared to a current price of kr194.60 — trading 36.7% below its estimated fair value. The current Shiller PE Ratio is 24.02, which is 62% below median its 10-year median of 62.83 and 58% below the Aerospace & Defense industry median of 57.18. CTT Systems AB's overall GF Score™ is 77/100 with 3 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 CTT Systems AB (CHIX:CTTS), the current Shiller PE Ratio is 24.02 as of Sep. 09, 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 CTT Systems AB (CHIX:CTTS) Overvalued in 2026?

Based on GuruFocus' analysis, CTT Systems AB stock appears to be undervalued. The current stock price of kr194.60 is trading 36.7% below its estimated GF Value™ of kr307.38.

Key valuation signals for CHIX:CTTS:

  • Shiller PE Ratio: 24.02 (62% below median its 10-year median of 62.83)
  • GF Value™: kr307.38 vs. price of kr194.60 (36.7% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 58% below the Aerospace & Defense median (#32 of 162)

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


CTT Systems AB Business Description

Other Exchanges CTT:Sweden0GUO:UK
Address Brukslagarvagen 5, Box 1042, Nykoping, SWE, 611 29
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair, create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for their existing aircraft fleets. Geographically company generates maximum revenue from USA, Denmark, France, and other regions.
77GF Score

Get the complete analysis for CHIX:CTTS

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

kr194.60
Price
kr307.38
GF Value