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.
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.
Karnov Group ABCHIX:KARS 75 Shiller PE Ratio is 56.40 as of Sep. 11, 2026, which is 23% below its 10-year median of 73.63. GuruFocus rates CHIX:KARS with a GF Score™ of 75/100 and a GF Value™ of kr69.47. The stock has 4 warning signs investors should review. Among 549 Business Services companies, Karnov Group AB ranks worse than 93.99% on this metric.
As of today (2026-09-11), Karnov Group AB's current share price is kr64.30. Karnov Group AB's E10 for the fiscal year that ended in Dec25 was kr1.14. Karnov Group AB's Shiller PE Ratio for today is 56.40.
The historical rank and industry rank for Karnov Group AB's Shiller PE Ratio or its related term are showing as below:
CHIX:KARs'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 67.65 Med: 73.63 Max: 104.12
Current: 74.67
During the past 10 years, Karnov Group AB's highest Shiller PE Ratio was 104.12. The lowest was 67.65. And the median was 73.63.
CHIX:KARs's Shiller PE Ratio is ranked worse than 93.99% of 549
companies
in the Business Services industry
Industry Median: 18.86
vs CHIX:KARs: 74.67
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.
Karnov Group AB's adjusted earnings per share data of for the fiscal year that ended in Dec25 was kr8.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr1.14 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Karnov Group AB (CHIX:KARs) 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.
Karnov Group AB Shiller PE Ratio Related Terms
Karnov Group AB Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Karnov Group 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.
CHIX:KARS vs CTAS, CPRT, GPN: Shiller PE Ratio Comparison
For the Specialty Business Services subindustry, Karnov Group 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.
Karnov Group AB Shiller PE Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Karnov Group AB's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Karnov Group AB'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.
Karnov Group AB's Shiller PE Ratio for today is calculated as
* 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.
Karnov Group AB's E10 for the fiscal year that ended in Dec25 is calculated as:
For example, Karnov Group AB's adjusted earnings per share data for the fiscal year that ended in Dec25 was:
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.
Karnov Group AB (CHIX:KARS) has a Shiller PE Ratio of 56.40 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 Karnov Group AB and its competitors. This is 23% below median its historical median of 73.63. Over the past decade, Karnov Group AB's Shiller PE Ratio has ranged from 67.65 to 104.12. According to the industry distribution chart, Karnov Group AB ranks #516 out of 549 companies in the Business Services industry, placing it in the top 94%.
Is Karnov Group AB's Shiller PE Ratio too high?
Karnov Group AB's current Shiller PE Ratio of 56.40 is 23% below median its 10-year median of 73.63. Over the past 10 years, this metric has ranged from a low of 67.65 to a high of 104.12. The Business Services industry median Shiller PE Ratio is 18.86. Karnov Group AB's value of 56.40 is 199% above this industry median. Based on the distribution chart, Karnov Group AB ranks #516 out of 549 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Karnov Group AB has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's Shiller PE Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Karnov Group AB ranks #516 out of 549 companies for Shiller PE Ratio. This places Karnov Group AB in the lower half of its industry. The industry median Shiller PE Ratio is 18.86. Karnov Group AB's value of 56.40 is 199% above this benchmark. Historically, Karnov Group AB's own Shiller PE Ratio has ranged from 67.65 to 104.12 over the past decade. While the company's 10-year median is 73.63 vs. the industry median of 18.86, Karnov Group 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 Business Services company?
The median Shiller PE Ratio among Business Services companies is 18.86, based on 549 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. Karnov Group AB's current Shiller PE Ratio of 56.40 is 199% 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 Karnov Group AB and its competitors. For the Business Services industry, the median Shiller PE Ratio is 18.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnov Group AB's current Shiller PE Ratio is 56.40, which is 23% below median its own 10-year median of 73.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnov Group AB stock overvalued right now?
Karnov Group AB (CHIX:KARS) has a current Shiller PE Ratio of 56.40. The stock's GF Value™ is kr69.47, compared to a current price of kr64.30 — trading 7.4% below its estimated fair value. The current Shiller PE Ratio is 56.40, which is 23% below median its 10-year median of 73.63 and 199% above the Business Services industry median of 18.86. Karnov Group AB's overall GF Score™ is 75/100 with 4 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 Karnov Group AB (CHIX:KARS), the current Shiller PE Ratio is 56.40 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 Karnov Group AB (CHIX:KARS) Overvalued in 2026?
Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued.
The current stock price of kr64.30 is trading 7.4% below its estimated GF Value™ of kr69.47.
Key valuation signals for CHIX:KARS:
Shiller PE Ratio: 56.40 (23% below median its 10-year median of 73.63)
GF Value™: kr69.47 vs. price of kr64.30 (7.4% below fair value)
Industry Position: 199% above the Business Services median (#516 of 549)
No single metric tells the full story. See the CHIX:KARS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov Group Denmark, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
75GF Score
Get the complete analysis for CHIX:KARS
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:KARS has been successfully added to your 
