Gronlandsbanken AS (CHIX:GRLAC) Shiller PE Ratio: 11.43 (As of Sep. 11, 2026) — 10% Above Median

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CHIX:GRLAC Gronlandsbanken AS CHIX:GRLAC
50 GF Score
Price kr590.00
GF Value kr391.62
! 7 Warning Signs
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What is Gronlandsbanken AS Shiller PE Ratio?

Gronlandsbanken AS CHIX:GRLAC 50 Shiller PE Ratio is 11.43 as of Sep. 11, 2026, which is 10% above its 10-year median of 10.42. GuruFocus rates CHIX:GRLAC with a GF Score™ of 50/100 and a GF Value™ of kr391.62. The stock has 7 warning signs investors should review. Among 1,234 Banks companies, Gronlandsbanken AS ranks better than 65.64% on this metric.

As of today (2026-09-11), Gronlandsbanken AS's current share price is kr590.00. Gronlandsbanken AS's E10 for the quarter that ended in Jun. 2026 was kr51.60. Gronlandsbanken AS's Shiller PE Ratio for today is 11.43.

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

CHIX:GRLAc' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.47   Med: 10.42   Max: 14.46
Current: 11.71

During the past years, Gronlandsbanken AS's highest Shiller PE Ratio was 14.46. The lowest was 8.47. And the median was 10.42.

CHIX:GRLAc's Shiller PE Ratio is ranked better than
65.64% of 1234 companies
in the Banks industry
Industry Median: 13.935 vs CHIX:GRLAc: 11.71

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.

Gronlandsbanken AS's adjusted earnings per share data for the three months ended in Jun. 2026 was kr19.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr51.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gronlandsbanken AS  (CHIX:GRLAc) 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.


Gronlandsbanken AS Shiller PE Ratio Related Terms


Gronlandsbanken AS Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Gronlandsbanken 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.

Gronlandsbanken AS Shiller PE Ratio Chart

Gronlandsbanken AS 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 9.78 9.21 8.83 9.08 10.51

Gronlandsbanken AS 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 9.45 10.47 10.51 10.21 11.43

Gronlandsbanken AS Shiller PE Ratio Competitor Comparison

For the Banks - Regional subindustry, Gronlandsbanken 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.


Gronlandsbanken AS Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Gronlandsbanken AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gronlandsbanken AS's Shiller PE Ratio falls into.


CHIX:GRLAC
50GF Score
Gronlandsbanken AS CHIX:GRLAC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gronlandsbanken AS 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.

Gronlandsbanken AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=590.00/51.60
=11.43

* 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.

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

For example, Gronlandsbanken AS'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)
=19/333.9520*333.9520
=19.000

Current CPI (Jun. 2026) = 333.9520.

Gronlandsbanken AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 13.171 241.428 18.219
201612 11.700 241.432 16.184
201703 14.500 243.801 19.862
201706 13.477 244.955 18.373
201709 11.300 246.819 15.289
201712 10.923 246.524 14.797
201803 12.900 249.554 17.263
201806 13.100 251.989 17.361
201809 14.479 252.439 19.154
201812 22.198 251.233 29.507
201903 14.400 254.202 18.918
201906 21.400 256.143 27.901
201909 17.628 256.759 22.928
201912 18.700 256.974 24.302
202003 6.800 258.115 8.798
202006 15.969 257.797 20.686
202009 15.600 260.280 20.016
202012 15.066 260.474 19.316
202103 23.000 264.877 28.998
202106 14.145 271.696 17.386
202109 16.100 274.310 19.601
202112 20.451 278.802 24.496
202203 20.900 287.504 24.277
202206 7.763 296.311 8.749
202209 7.900 296.808 8.889
202212 18.224 296.797 20.505
202303 25.600 301.836 28.324
202306 22.300 305.109 24.408
202309 28.269 307.789 30.672
202312 30.700 306.746 33.423
202403 34.300 312.332 36.674
202406 24.314 314.175 25.845
202409 27.700 315.301 29.339
202412 21.700 315.605 22.961
202503 41.300 319.799 43.128
202506 18.888 322.561 19.555
202509 20.016 324.800 20.580
202512 20.286 324.054 20.906
202603 35.100 330.213 35.497
202606 19.000 333.952 19.000

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 11.43 mean?
Gronlandsbanken AS (CHIX:GRLAC) has a Shiller PE Ratio of 11.43 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 Gronlandsbanken AS and its competitors. This is 10% above median its historical median of 10.42. Over the past decade, Gronlandsbanken AS's Shiller PE Ratio has ranged from 8.47 to 14.46. According to the industry distribution chart, Gronlandsbanken AS ranks #424 out of 1234 companies in the Banks industry, placing it in the top 34.4%.
Is Gronlandsbanken AS's Shiller PE Ratio too high?
Gronlandsbanken AS's current Shiller PE Ratio of 11.43 is 10% above median its 10-year median of 10.42. Over the past 10 years, this metric has ranged from a low of 8.47 to a high of 14.46. The Banks industry median Shiller PE Ratio is 13.94. Gronlandsbanken AS's value of 11.43 is 18% below this industry median. Based on the distribution chart, Gronlandsbanken AS ranks #424 out of 1234 companies in the Banks industry, which is above the industry midpoint. Overall, Gronlandsbanken AS has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Gronlandsbanken AS's Shiller PE Ratio compare to competitors?
According to the Banks industry distribution chart, Gronlandsbanken AS ranks #424 out of 1234 companies for Shiller PE Ratio. This puts Gronlandsbanken AS in the upper half of its industry. The industry median Shiller PE Ratio is 13.94. Gronlandsbanken AS's value of 11.43 is 18% below this benchmark. Historically, Gronlandsbanken AS's own Shiller PE Ratio has ranged from 8.47 to 14.46 over the past decade. While the company's 10-year median is 10.42 vs. the industry median of 13.94, Gronlandsbanken AS 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 Banks company?
The median Shiller PE Ratio among Banks companies is 13.94, based on 1,234 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. Gronlandsbanken AS's current Shiller PE Ratio of 11.43 is 18% 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 Gronlandsbanken AS and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gronlandsbanken AS's current Shiller PE Ratio is 11.43, which is 10% above median its own 10-year median of 10.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gronlandsbanken AS stock overvalued right now?
Gronlandsbanken AS (CHIX:GRLAC) has a current Shiller PE Ratio of 11.43. The stock's GF Value™ is kr391.62, compared to a current price of kr590.00 — trading 50.7% above its estimated fair value. The current Shiller PE Ratio is 11.43, which is 10% above median its 10-year median of 10.42 and 18% below the Banks industry median of 13.94. Gronlandsbanken AS's overall GF Score™ is 50/100 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 Gronlandsbanken AS (CHIX:GRLAC), the current Shiller PE Ratio is 11.43 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 Gronlandsbanken AS (CHIX:GRLAC) Overvalued in 2026?

Based on GuruFocus' analysis, Gronlandsbanken AS stock appears to be overvalued. The current stock price of kr590.00 is trading 50.7% above its estimated GF Value™ of kr391.62.

Key valuation signals for CHIX:GRLAC:

  • Shiller PE Ratio: 11.43 (10% above median its 10-year median of 10.42)
  • GF Value™: kr391.62 vs. price of kr590.00 (50.7% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 18% below the Banks median (#424 of 1234)

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


Gronlandsbanken AS Business Description

Other Exchanges 0OGV:UKGRLA:Denmark
Address Imaneq 33, Post Box 1033, Nuuk, GRL, 3900
Gronlandsbanken AS is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.
50GF Score

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

kr590.00
Price
kr391.62
GF Value