Svenska Handelsbanken AB (CHIX:SHBBS) Shiller PE Ratio: 10.00 (As of Jun. 24, 2026) — Near Median


CHIX:SHBBS Svenska Handelsbanken AB CHIX:SHBBS
67 GF Score
Price kr219.30
GF Value kr161.56
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Svenska Handelsbanken AB Shiller PE Ratio?

Svenska Handelsbanken AB CHIX:SHBBS 67 Shiller PE Ratio is 10.00 as of Jun. 24, 2026, which is 3% below its 10-year median of 10.28. GuruFocus rates CHIX:SHBBS with a GF Score™ of 67/100 and a GF Value™ of kr161.56 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,241 Banks companies, Svenska Handelsbanken AB ranks better than 60.92% on this metric.

As of today (2026-06-24), Svenska Handelsbanken AB's current share price is kr219.30. Svenska Handelsbanken AB's E10 for the quarter that ended in Mar. 2026 was kr21.92. Svenska Handelsbanken AB's Shiller PE Ratio for today is 10.00.

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

CHIX:SHBBs' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.26   Med: 10.28   Max: 12.49
Current: 11.89

During the past years, Svenska Handelsbanken AB's highest Shiller PE Ratio was 12.49. The lowest was 8.26. And the median was 10.28.

CHIX:SHBBs's Shiller PE Ratio is ranked better than
60.92% of 1241 companies
in the Banks industry
Industry Median: 13.48 vs CHIX:SHBBs: 11.89

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.

Svenska Handelsbanken AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr3.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr21.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Svenska Handelsbanken AB  (CHIX:SHBBs) 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.


Svenska Handelsbanken AB Shiller PE Ratio Related Terms


Svenska Handelsbanken AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Svenska Handelsbanken 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.

Svenska Handelsbanken AB Shiller PE Ratio Chart

Svenska Handelsbanken 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 10.91 10.20 9.70 9.74 11.35

Svenska Handelsbanken AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.62 10.69 10.33 11.35 10.35

CHIX:SHBBS vs JPM, BAC, WFC: Shiller PE Ratio Comparison

For the Banks - Diversified subindustry, Svenska Handelsbanken 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.


Svenska Handelsbanken AB Shiller PE Ratio vs Banks Industry

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

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


CHIX:SHBBS
67GF Score
Svenska Handelsbanken AB CHIX:SHBBS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Svenska Handelsbanken 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.

Svenska Handelsbanken AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=219.30/21.92
=10.00

* 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.

Svenska Handelsbanken AB's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Svenska Handelsbanken AB's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.21/133.3862*133.3862
=3.210

Current CPI (Mar. 2026) = 133.3862.

Svenska Handelsbanken AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 2.150 101.019 2.839
201609 2.320 101.138 3.060
201612 1.760 102.022 2.301
201703 2.100 102.022 2.746
201706 2.060 102.752 2.674
201709 2.130 103.279 2.751
201712 1.910 103.793 2.455
201803 2.040 103.962 2.617
201806 2.660 104.875 3.383
201809 2.090 105.679 2.638
201812 2.040 105.912 2.569
201903 2.420 105.886 3.049
201906 2.140 106.742 2.674
201909 1.810 107.214 2.252
201912 2.220 107.766 2.748
202003 1.990 106.563 2.491
202006 2.000 107.498 2.482
202009 1.680 107.635 2.082
202012 2.210 108.296 2.722
202103 2.210 108.360 2.720
202106 2.390 108.928 2.927
202109 2.620 110.338 3.167
202112 2.640 112.486 3.131
202203 2.870 114.825 3.334
202206 2.130 118.384 2.400
202209 2.925 122.296 3.190
202212 3.020 126.365 3.188
202303 3.440 127.042 3.612
202306 3.587 129.407 3.697
202309 4.015 130.224 4.113
202312 3.657 131.912 3.698
202403 3.330 132.205 3.360
202406 3.430 132.716 3.447
202409 3.640 132.304 3.670
202412 3.457 132.987 3.467
202503 3.190 132.825 3.203
202506 2.770 133.699 2.764
202509 3.000 133.482 2.998
202512 3.010 133.386 3.010
202603 3.210 133.386 3.210

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 10.00 mean?
Svenska Handelsbanken AB (CHIX:SHBBS) has a Shiller PE Ratio of 10.00 as of Jun. 24, 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 Svenska Handelsbanken AB and its competitors. This is near median its historical median of 10.28. Over the past decade, Svenska Handelsbanken AB's Shiller PE Ratio has ranged from 8.26 to 12.49. According to the industry distribution chart, Svenska Handelsbanken AB ranks #485 out of 1241 companies in the Banks industry, placing it in the top 39.1%.
Is Svenska Handelsbanken AB's Shiller PE Ratio too high?
Svenska Handelsbanken AB's current Shiller PE Ratio of 10.00 is near median its 10-year median of 10.28. Over the past 10 years, this metric has ranged from a low of 8.26 to a high of 12.49. The Banks industry median Shiller PE Ratio is 13.48. Svenska Handelsbanken AB's value of 10.00 is 25.8% below this industry median. Based on the distribution chart, Svenska Handelsbanken AB ranks #485 out of 1241 companies in the Banks industry, which is above the industry midpoint. Overall, Svenska Handelsbanken AB has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Svenska Handelsbanken AB's Shiller PE Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Svenska Handelsbanken AB ranks #485 out of 1241 companies for Shiller PE Ratio. This puts Svenska Handelsbanken AB in the upper half of its industry. The industry median Shiller PE Ratio is 13.48. Svenska Handelsbanken AB's value of 10.00 is 25.8% below this benchmark. Historically, Svenska Handelsbanken AB's own Shiller PE Ratio has ranged from 8.26 to 12.49 over the past decade. While the company's 10-year median is 10.28 vs. the industry median of 13.48, Svenska Handelsbanken 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 a Banks company?
The median Shiller PE Ratio among Banks companies is 13.48, 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. Svenska Handelsbanken AB's current Shiller PE Ratio of 10.00 is 25.8% 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 Svenska Handelsbanken AB and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Svenska Handelsbanken AB's current Shiller PE Ratio is 10.00, which is near median its own 10-year median of 10.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Svenska Handelsbanken AB stock overvalued right now?
Based on GuruFocus' analysis, Svenska Handelsbanken AB (CHIX:SHBBS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr161.56, compared to a current price of kr219.30 — trading 35.7% above its estimated fair value. The current Shiller PE Ratio is 10.00, which is near median its 10-year median of 10.28 and 25.8% below the Banks industry median of 13.48. Svenska Handelsbanken AB's overall GF Score™ is 67/100 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 Svenska Handelsbanken AB (CHIX:SHBBS), the current Shiller PE Ratio is 10.00 as of Jun. 24, 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 Svenska Handelsbanken AB (CHIX:SHBBS) Overvalued in 2026?

Based on GuruFocus' analysis, Svenska Handelsbanken AB stock appears to be overvalued. The current stock price of kr219.30 is trading 35.7% above its estimated GF Value™ of kr161.56. GuruFocus considers Svenska Handelsbanken AB to be Significantly Overvalued.

Key valuation signals for CHIX:SHBBS:

  • Shiller PE Ratio: 10.00 (near median its 10-year median of 10.28)
  • GF Value™: kr161.56 vs. price of kr219.30 (35.7% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 25.8% below the Banks median (#485 of 1241)

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


Svenska Handelsbanken AB Business Description

Address Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the UK and the Netherlands. Handelsbanken generates about three-fourths of its income from its interest-spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.
67GF Score

Get the complete analysis for CHIX:SHBBS

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

kr219.30
Price
kr161.56
GF Value