Storebrand ASA (CHIX:STBO) Shiller PE Ratio: 23.43 (As of Sep. 06, 2026) — 45% Above Median

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CHIX:STBO Storebrand ASA CHIX:STBO
58 GF Score
Price kr195.40
GF Value kr240.49
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Storebrand ASA Shiller PE Ratio?

Storebrand ASA CHIX:STBO 58 Shiller PE Ratio is 23.43 as of Sep. 06, 2026, which is 45% above its 10-year median of 16.14. GuruFocus rates CHIX:STBO with a GF Score™ of 58/100 and a GF Value™ of kr240.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 50 Diversified Financial Services companies, Storebrand ASA ranks worse than 60% on this metric.

As of today (2026-09-06), Storebrand ASA's current share price is kr195.40. Storebrand ASA's E10 for the quarter that ended in Jun. 2026 was kr8.34. Storebrand ASA's Shiller PE Ratio for today is 23.43.

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

CHIX:STBo' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.3   Med: 16.14   Max: 24.38
Current: 24.34

During the past years, Storebrand ASA's highest Shiller PE Ratio was 24.38. The lowest was 8.30. And the median was 16.14.

CHIX:STBo's Shiller PE Ratio is ranked worse than
60% of 50 companies
in the Diversified Financial Services industry
Industry Median: 16.205 vs CHIX:STBo: 24.34

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.

Storebrand ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was kr3.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr8.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Storebrand ASA  (CHIX:STBo) 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.


Storebrand ASA Shiller PE Ratio Related Terms


Storebrand ASA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Storebrand ASA'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.

Storebrand ASA Shiller PE Ratio Chart

Storebrand ASA 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 16.47 14.45 14.23 17.09 21.24

Storebrand ASA 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 18.79 19.19 21.24 21.03 22.00

CHIX:STBO vs FRHC, VOYA, HTH: Shiller PE Ratio Comparison

For the Financial Conglomerates subindustry, Storebrand ASA'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.


Storebrand ASA Shiller PE Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Storebrand ASA's Shiller PE Ratio falls into.


CHIX:STBO
58GF Score
Storebrand ASA CHIX:STBO
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Storebrand ASA 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.

Storebrand ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=195.40/8.34
=23.43

* 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.

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

For example, Storebrand ASA'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)
=3.38/141.5800*141.5800
=3.380

Current CPI (Jun. 2026) = 141.5800.

Storebrand ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.980 104.200 1.332
201612 1.501 104.400 2.036
201703 1.030 105.000 1.389
201706 1.660 105.800 2.221
201709 1.550 105.900 2.072
201712 1.013 106.100 1.352
201803 1.550 107.300 2.045
201806 1.250 108.500 1.631
201809 1.120 109.500 1.448
201812 3.967 109.800 5.115
201903 1.050 110.400 1.347
201906 0.960 110.600 1.229
201909 0.980 111.100 1.249
201912 1.435 111.300 1.825
202003 0.560 111.200 0.713
202006 0.960 112.100 1.212
202009 1.630 112.900 2.044
202012 1.860 112.900 2.332
202103 0.940 114.600 1.161
202106 2.510 115.300 3.082
202109 1.280 117.500 1.542
202112 1.946 118.900 2.317
202203 2.250 119.800 2.659
202206 1.000 122.600 1.155
202209 0.760 125.600 0.857
202212 1.030 125.900 1.158
202303 2.250 127.600 2.497
202306 1.750 130.400 1.900
202309 1.250 129.800 1.363
202312 2.060 131.900 2.211
202403 2.010 132.600 2.146
202406 4.860 133.800 5.143
202409 2.530 133.700 2.679
202412 3.070 134.800 3.224
202503 2.260 136.100 2.351
202506 2.790 137.800 2.867
202509 3.090 138.500 3.159
202512 3.560 139.100 3.623
202603 1.380 141.030 1.385
202606 3.380 141.580 3.380

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 23.43 mean?
Storebrand ASA (CHIX:STBO) has a Shiller PE Ratio of 23.43 as of Sep. 06, 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 Storebrand ASA and its competitors. This is 45% above median its historical median of 16.14. Over the past decade, Storebrand ASA's Shiller PE Ratio has ranged from 8.30 to 24.38. According to the industry distribution chart, Storebrand ASA ranks #30 out of 50 companies in the Diversified Financial Services industry, placing it in the top 60%.
Is Storebrand ASA's Shiller PE Ratio too high?
Storebrand ASA's current Shiller PE Ratio of 23.43 is 45% above median its 10-year median of 16.14. Over the past 10 years, this metric has ranged from a low of 8.30 to a high of 24.38. The Diversified Financial Services industry median Shiller PE Ratio is 16.21. Storebrand ASA's value of 23.43 is 44.6% above this industry median. Based on the distribution chart, Storebrand ASA ranks #30 out of 50 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Storebrand ASA has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Storebrand ASA's Shiller PE Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Storebrand ASA ranks #30 out of 50 companies for Shiller PE Ratio. This places Storebrand ASA in the lower half of its industry. The industry median Shiller PE Ratio is 16.21. Storebrand ASA's value of 23.43 is 44.6% above this benchmark. Historically, Storebrand ASA's own Shiller PE Ratio has ranged from 8.30 to 24.38 over the past decade. While the company's 10-year median is 16.14 vs. the industry median of 16.21, Storebrand ASA 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 Diversified Financial Services company?
The median Shiller PE Ratio among Diversified Financial Services companies is 16.21, based on 50 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. Storebrand ASA's current Shiller PE Ratio of 23.43 is 44.6% 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 Storebrand ASA and its competitors. For the Diversified Financial Services industry, the median Shiller PE Ratio is 16.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Storebrand ASA's current Shiller PE Ratio is 23.43, which is 45% above median its own 10-year median of 16.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storebrand ASA stock overvalued right now?
Based on GuruFocus' analysis, Storebrand ASA (CHIX:STBO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr240.49, compared to a current price of kr195.40 — trading 18.7% below its estimated fair value. The current Shiller PE Ratio is 23.43, which is 45% above median its 10-year median of 16.14 and 44.6% above the Diversified Financial Services industry median of 16.21. Storebrand ASA's overall GF Score™ is 58/100 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 Storebrand ASA (CHIX:STBO), the current Shiller PE Ratio is 23.43 as of Sep. 06, 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 Storebrand ASA (CHIX:STBO) Overvalued in 2026?

Based on GuruFocus' analysis, Storebrand ASA stock appears to be undervalued. The current stock price of kr195.40 is trading 18.7% below its estimated GF Value™ of kr240.49. GuruFocus considers Storebrand ASA to be Modestly Undervalued.

Key valuation signals for CHIX:STBO:

  • Shiller PE Ratio: 23.43 (45% above median its 10-year median of 16.14)
  • GF Value™: kr240.49 vs. price of kr195.40 (18.7% below fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 44.6% above the Diversified Financial Services median (#30 of 50)

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


Storebrand ASA Business Description

Address Professor Kohts vei 9, P.O. Box 500, Lysaker, Oslo, NOR, 1327
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into four segments Savings, Insurance, Guaranteed Pension, and Others. The Savings segment includes products for retirement savings with no interest rate guarantees which defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The Insurance segment provides risk products in Norway and Sweden, it provides health, property and casualty, personal risk products, and others. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return. Other segment consists of other companies within the Storebrand Group, including smaller subsidiaries of Storebrand Livsforsikring and SPP.
58GF Score

Get the complete analysis for CHIX:STBO

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

kr195.40
Price
kr240.49
GF Value