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SSAB AB (publ)CHIX:SSABAS 73 Shiller PE Ratio is 21.33 as of Sep. 13, 2026, which is 38% below its 10-year median of 34.62. GuruFocus rates CHIX:SSABAS with a GF Score™ of 73/100 and a GF Value™ of kr65.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 411 Steel companies, SSAB AB (publ) ranks worse than 69.83% on this metric.
As of today (2026-09-13), SSAB AB (publ)'s current share price is kr102.80. SSAB AB (publ)'s E10 for the quarter that ended in Jun. 2026 was kr4.82. SSAB AB (publ)'s Shiller PE Ratio for today is 21.33.
The historical rank and industry rank for SSAB AB (publ)'s Shiller PE Ratio or its related term are showing as below:
CHIX:SSABAs'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.36 Med: 34.62 Max: 1219.5
Current: 23.08
During the past years, SSAB AB (publ)'s highest Shiller PE Ratio was 1219.50. The lowest was 12.36. And the median was 34.62.
CHIX:SSABAs's Shiller PE Ratio is ranked worse than 69.83% of 411
companies
in the Steel industry
Industry Median: 13.72
vs CHIX:SSABAs: 23.08
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.
SSAB AB (publ)'s adjusted earnings per share data for the three months ended in Jun. 2026 was kr2.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr4.82 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
SSAB AB (publ) (CHIX:SSABAs) 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.
SSAB AB (publ) Shiller PE Ratio Related Terms
SSAB AB (publ) Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for SSAB AB (publ)'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:SSABAS vs NUE, STLD, RS: Shiller PE Ratio Comparison
For the Steel subindustry, SSAB AB (publ)'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.
SSAB AB (publ) Shiller PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where SSAB AB (publ)'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.
SSAB AB (publ)'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.
SSAB AB (publ)'s E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, SSAB AB (publ)'s adjusted earnings per share data for the three months ended in Jun. 2026 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.
SSAB AB (publ) (CHIX:SSABAS) has a Shiller PE Ratio of 21.33 as of Sep. 13, 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 SSAB AB (publ) and its competitors. This is 38% below median its historical median of 34.62. Over the past decade, SSAB AB (publ)'s Shiller PE Ratio has ranged from 12.36 to 1,219.50. According to the industry distribution chart, SSAB AB (publ) ranks #287 out of 411 companies in the Steel industry, placing it in the top 69.8%.
Is SSAB AB (publ)'s Shiller PE Ratio too high?
SSAB AB (publ)'s current Shiller PE Ratio of 21.33 is 38% below median its 10-year median of 34.62. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 1,219.50. The Steel industry median Shiller PE Ratio is 13.72. SSAB AB (publ)'s value of 21.33 is 55.5% above this industry median. Based on the distribution chart, SSAB AB (publ) ranks #287 out of 411 companies in the Steel industry, which is below the industry midpoint. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Shiller PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #287 out of 411 companies for Shiller PE Ratio. This places SSAB AB (publ) in the lower half of its industry. The industry median Shiller PE Ratio is 13.72. SSAB AB (publ)'s value of 21.33 is 55.5% above this benchmark. Historically, SSAB AB (publ)'s own Shiller PE Ratio has ranged from 12.36 to 1,219.50 over the past decade. While the company's 10-year median is 34.62 vs. the industry median of 13.72, SSAB AB (publ) 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 Steel company?
The median Shiller PE Ratio among Steel companies is 13.72, based on 411 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. SSAB AB (publ)'s current Shiller PE Ratio of 21.33 is 55.5% 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 SSAB AB (publ) and its competitors. For the Steel industry, the median Shiller PE Ratio is 13.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSAB AB (publ)'s current Shiller PE Ratio is 21.33, which is 38% below median its own 10-year median of 34.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (CHIX:SSABAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr65.10, compared to a current price of kr102.80 — trading 57.9% above its estimated fair value. The current Shiller PE Ratio is 21.33, which is 38% below median its 10-year median of 34.62 and 55.5% above the Steel industry median of 13.72. SSAB AB (publ)'s overall GF Score™ is 73/100 with 6 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 SSAB AB (publ) (CHIX:SSABAS), the current Shiller PE Ratio is 21.33 as of Sep. 13, 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 SSAB AB (publ) (CHIX:SSABAS) Overvalued in 2026?
Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued.
The current stock price of kr102.80 is trading 57.9% above its estimated GF Value™ of kr65.10.
GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.
Key valuation signals for CHIX:SSABAS:
Shiller PE Ratio: 21.33 (38% below median its 10-year median of 34.62)
GF Value™: kr65.10 vs. price of kr102.80 (57.9% above fair value)
Industry Position: 55.5% above the Steel median (#287 of 411)
No single metric tells the full story. See the CHIX:SSABAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score
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