Norion Bank AB (CHIX:NORIOS) Shiller PE Ratio: 18.04 (As of Aug. 25, 2026) — 15% Above 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:NORIOS Norion Bank AB CHIX:NORIOS
54 GF Score
Price kr66.20
GF Value kr48.05
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Norion Bank AB Shiller PE Ratio?

Norion Bank AB CHIX:NORIOS 54 Shiller PE Ratio is 18.04 as of Aug. 25, 2026, which is 15% above its 10-year median of 15.62. GuruFocus rates CHIX:NORIOS with a GF Score™ of 54/100 and a GF Value™ of kr48.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,241 Banks companies, Norion Bank AB ranks worse than 71.39% on this metric.

As of today (2026-08-25), Norion Bank AB's current share price is kr66.20. Norion Bank AB's E10 for the fiscal year that ended in Dec25 was kr3.67. Norion Bank AB's Shiller PE Ratio for today is 18.04.

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

CHIX:NORIOs' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.72   Med: 15.62   Max: 18.17
Current: 17.74

During the past 10 years, Norion Bank AB's highest Shiller PE Ratio was 18.17. The lowest was 14.72. And the median was 15.62.

CHIX:NORIOs's Shiller PE Ratio is ranked worse than
71.39% of 1241 companies
in the Banks industry
Industry Median: 13.73 vs CHIX:NORIOs: 17.74

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.

Norion Bank AB's adjusted earnings per share data of for the fiscal year that ended in Dec25 was kr7.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr3.67 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norion Bank AB  (CHIX:NORIOs) 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.


Norion Bank AB Shiller PE Ratio Related Terms


Norion Bank AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Norion Bank 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.

Norion Bank AB Shiller PE Ratio Chart

Norion Bank 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 0.00 0.00 0.00 0.00 18.27

Norion Bank 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 0.00 0.00 18.27 0.00 0.00

CHIX:NORIOS vs PNC, USB: Shiller PE Ratio Comparison

For the Banks - Regional subindustry, Norion Bank 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.


Norion Bank AB Shiller PE Ratio vs Banks Industry

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

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


CHIX:NORIOS
54GF Score
Norion Bank AB CHIX:NORIOS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norion Bank 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.

Norion Bank AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=66.20/3.67
=18.04

* 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.

Norion Bank AB's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, Norion Bank AB's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=7.12/133.3900*133.3900
=7.120

Current CPI (Dec25) = 133.3900.

Norion Bank AB Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 1.461 102.022 1.910
201712 2.483 103.793 3.191
201812 2.415 105.912 3.042
201912 -1.066 107.766 -1.319
202012 1.475 108.296 1.817
202112 3.467 112.486 4.111
202212 5.340 126.365 5.637
202312 6.020 131.912 6.087
202412 6.090 132.987 6.108
202512 7.120 133.390 7.120

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 18.04 mean?
Norion Bank AB (CHIX:NORIOS) has a Shiller PE Ratio of 18.04 as of Aug. 25, 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 Norion Bank AB and its competitors. This is 15% above median its historical median of 15.62. Over the past decade, Norion Bank AB's Shiller PE Ratio has ranged from 14.72 to 18.17. According to the industry distribution chart, Norion Bank AB ranks #886 out of 1241 companies in the Banks industry, placing it in the top 71.4%.
Is Norion Bank AB's Shiller PE Ratio too high?
Norion Bank AB's current Shiller PE Ratio of 18.04 is 15% above median its 10-year median of 15.62. Over the past 10 years, this metric has ranged from a low of 14.72 to a high of 18.17. The Banks industry median Shiller PE Ratio is 13.73. Norion Bank AB's value of 18.04 is 31.4% above this industry median. Based on the distribution chart, Norion Bank AB ranks #886 out of 1241 companies in the Banks industry, which is below the industry midpoint. Overall, Norion Bank AB has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norion Bank AB's Shiller PE Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Norion Bank AB ranks #886 out of 1241 companies for Shiller PE Ratio. This places Norion Bank AB in the lower half of its industry. The industry median Shiller PE Ratio is 13.73. Norion Bank AB's value of 18.04 is 31.4% above this benchmark. Historically, Norion Bank AB's own Shiller PE Ratio has ranged from 14.72 to 18.17 over the past decade. While the company's 10-year median is 15.62 vs. the industry median of 13.73, Norion Bank 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 Banks company?
The median Shiller PE Ratio among Banks companies is 13.73, based on 1,241 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. Norion Bank AB's current Shiller PE Ratio of 18.04 is 31.4% 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 Norion Bank AB and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norion Bank AB's current Shiller PE Ratio is 18.04, which is 15% above median its own 10-year median of 15.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norion Bank AB stock overvalued right now?
Based on GuruFocus' analysis, Norion Bank AB (CHIX:NORIOS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr48.05, compared to a current price of kr66.20 — trading 37.8% above its estimated fair value. The current Shiller PE Ratio is 18.04, which is 15% above median its 10-year median of 15.62 and 31.4% above the Banks industry median of 13.73. Norion Bank AB's overall GF Score™ is 54/100 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 Norion Bank AB (CHIX:NORIOS), the current Shiller PE Ratio is 18.04 as of Aug. 25, 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 Norion Bank AB (CHIX:NORIOS) Overvalued in 2026?

Based on GuruFocus' analysis, Norion Bank AB stock appears to be overvalued. The current stock price of kr66.20 is trading 37.8% above its estimated GF Value™ of kr48.05. GuruFocus considers Norion Bank AB to be Significantly Overvalued.

Key valuation signals for CHIX:NORIOS:

  • Shiller PE Ratio: 18.04 (15% above median its 10-year median of 15.62)
  • GF Value™: kr48.05 vs. price of kr66.20 (37.8% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 31.4% above the Banks median (#886 of 1241)

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


Norion Bank AB Business Description

Other Exchanges NORION:SwedenFN1:Germany
Address Lilla Bommens Torg 11, Goteborg, SWE, 411 09
Norion Bank AB specializes in financing solutions for corporate and private individuals, with particular focus on small and medium-sized companies. The main business is conducted through four segments namely Corporate, Real estate, Consumer and Payments. The Corporate segment includes corporate loans and factoring directed mainly at small and medium-sized companies in a wide range of industries in Sweden, Norway and Finland. The Real estate segment comprises real estate loans focusing on metropolitan areas and university cities in the Nordic region and the Consumer segment offers unsecured loans to private individuals The Payments segment offers payment and checkout solutions for e-commerce and retail chains.
54GF Score

Get the complete analysis for CHIX:NORIOS

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

kr66.20
Price
kr48.05
GF Value