Paradox Interactive AB (FRA:ETA) Shiller PE Ratio: 32.38 (As of Sep. 22, 2026) — 15% Below Median

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FRA:ETA Paradox Interactive AB FRA:ETA
88 GF Score
Price €13.34
GF Value €14.90
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Paradox Interactive AB Shiller PE Ratio?

Paradox Interactive AB FRA:ETA -2.17% 88 Shiller PE Ratio is 32.38 as of Sep. 22, 2026, which is 15% below its 10-year median of 38.21. GuruFocus rates FRA:ETA with a GF Score™ of 88/100 and a GF Value™ of €14.90 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 198 Interactive Media companies, Paradox Interactive AB ranks worse than 70.71% on this metric.

As of today (2026-09-22), Paradox Interactive AB's current share price is €13.34. Paradox Interactive AB's E10 for the quarter that ended in Jun. 2026 was €0.41. Paradox Interactive AB's Shiller PE Ratio for today is 32.38.

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

FRA:ETA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.29   Med: 38.21   Max: 49.43
Current: 33.7

During the past years, Paradox Interactive AB's highest Shiller PE Ratio was 49.43. The lowest was 27.29. And the median was 38.21.

FRA:ETA's Shiller PE Ratio is ranked worse than
70.71% of 198 companies
in the Interactive Media industry
Industry Median: 20.635 vs FRA:ETA: 33.70

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.

Paradox Interactive AB's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.129. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paradox Interactive AB  (FRA:ETA) 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.


Paradox Interactive AB Shiller PE Ratio Related Terms


Paradox Interactive AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Paradox Interactive 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.

Paradox Interactive AB Shiller PE Ratio Chart

Paradox Interactive 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 - 60.19 54.45 43.08 37.29

Paradox Interactive 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 39.60 37.01 36.74 27.11 28.20

FRA:ETA vs NTES, TTWO, RBLX: Shiller PE Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Paradox Interactive 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.


Paradox Interactive AB Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Paradox Interactive AB's Shiller PE Ratio distribution charts can be found below:

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


FRA:ETA
88GF Score
Paradox Interactive AB FRA:ETA
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paradox Interactive 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.

Paradox Interactive AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.34/0.412
=32.38

* 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.

Paradox Interactive AB's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Paradox Interactive AB'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)
=0.1291/134.6100*134.6100
=0.129

Current CPI (Jun. 2026) = 134.6100.

Paradox Interactive AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.042 101.138 0.056
201612 0.067 102.022 0.088
201703 0.029 102.022 0.039
201706 0.124 102.752 0.162
201709 0.040 103.279 0.052
201712 0.066 103.793 0.086
201803 0.103 103.962 0.134
201806 0.072 104.875 0.092
201809 0.048 105.679 0.061
201812 0.105 105.912 0.133
201903 0.045 105.886 0.057
201906 0.107 106.742 0.135
201909 0.066 107.214 0.082
201912 0.116 107.766 0.145
202003 0.114 106.563 0.143
202006 0.137 107.498 0.171
202009 0.135 107.635 0.169
202012 0.055 108.296 0.068
202103 0.072 108.360 0.089
202106 0.082 108.928 0.102
202109 -0.031 110.338 -0.038
202112 0.108 112.486 0.130
202203 0.152 114.825 0.178
202206 0.153 118.384 0.174
202209 0.157 122.296 0.172
202212 0.168 126.365 0.179
202303 0.104 127.042 0.111
202306 0.196 129.407 0.204
202309 0.055 130.224 0.057
202312 0.081 131.912 0.083
202403 0.106 132.205 0.108
202406 0.022 132.716 0.023
202409 0.099 132.304 0.101
202412 0.256 132.987 0.259
202503 0.104 132.825 0.105
202506 0.095 133.699 0.096
202509 0.079 133.480 0.080
202512 -0.174 133.380 -0.176
202603 0.076 133.550 0.077
202606 0.129 134.610 0.129

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 32.38 mean?
Paradox Interactive AB (FRA:ETA) has a Shiller PE Ratio of 32.38 as of Sep. 22, 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 Paradox Interactive AB and its competitors. This is 15% below median its historical median of 38.21. Over the past decade, Paradox Interactive AB's Shiller PE Ratio has ranged from 27.29 to 49.43. According to the industry distribution chart, Paradox Interactive AB ranks #140 out of 198 companies in the Interactive Media industry, placing it in the top 70.7%.
Is Paradox Interactive AB's Shiller PE Ratio too high?
Paradox Interactive AB's current Shiller PE Ratio of 32.38 is 15% below median its 10-year median of 38.21. Over the past 10 years, this metric has ranged from a low of 27.29 to a high of 49.43. The Interactive Media industry median Shiller PE Ratio is 20.64. Paradox Interactive AB's value of 32.38 is 56.9% above this industry median. Based on the distribution chart, Paradox Interactive AB ranks #140 out of 198 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Paradox Interactive AB has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paradox Interactive AB's Shiller PE Ratio compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Paradox Interactive AB ranks #140 out of 198 companies for Shiller PE Ratio. This places Paradox Interactive AB in the lower half of its industry. The industry median Shiller PE Ratio is 20.64. Paradox Interactive AB's value of 32.38 is 56.9% above this benchmark. Historically, Paradox Interactive AB's own Shiller PE Ratio has ranged from 27.29 to 49.43 over the past decade. While the company's 10-year median is 38.21 vs. the industry median of 20.64, Paradox Interactive 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 an Interactive Media company?
The median Shiller PE Ratio among Interactive Media companies is 20.64, based on 198 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. Paradox Interactive AB's current Shiller PE Ratio of 32.38 is 56.9% 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 Paradox Interactive AB and its competitors. For the Interactive Media industry, the median Shiller PE Ratio is 20.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paradox Interactive AB's current Shiller PE Ratio is 32.38, which is 15% below median its own 10-year median of 38.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paradox Interactive AB stock overvalued right now?
Based on GuruFocus' analysis, Paradox Interactive AB (FRA:ETA) is currently considered Modestly Undervalued. The stock's GF Value™ is €14.90, compared to a current price of €13.34 — trading 10.5% below its estimated fair value. The current Shiller PE Ratio is 32.38, which is 15% below median its 10-year median of 38.21 and 56.9% above the Interactive Media industry median of 20.64. Paradox Interactive AB's overall GF Score™ is 88/100 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 Paradox Interactive AB (FRA:ETA), the current Shiller PE Ratio is 32.38 as of Sep. 22, 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 Paradox Interactive AB (FRA:ETA) Overvalued in 2026?

Based on GuruFocus' analysis, Paradox Interactive AB stock appears to be undervalued. The current stock price of €13.34 is trading 10.5% below its estimated GF Value™ of €14.90. GuruFocus considers Paradox Interactive AB to be Modestly Undervalued.

Key valuation signals for FRA:ETA:

  • Shiller PE Ratio: 32.38 (15% below median its 10-year median of 38.21)
  • GF Value™: €14.90 vs. price of €13.34 (10.5% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 56.9% above the Interactive Media median (#140 of 198)

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


Paradox Interactive AB Business Description

Address Magnus Ladulasgatan 4, Stockholm, SWE, 118 66
Paradox Interactive AB is a Swedish developer and publisher of strategy and management video games for PC and consoles. Its core business is internally developed grand strategy franchises, including Crusader Kings, Europa Universalis, Hearts of Iron, Stellaris, and Victoria, alongside published titles such as Cities: Skylines and Age of Wonders. The company also owns the White Wolf publishing label and its World of Darkness intellectual properties, which it licenses across games, books, and other media. Paradox sells its games digitally through Steam, the Epic Games Store, Microsoft and Sony console stores, and mobile app stores, supplemented by downloadable content, expansions, and subscriptions that extend the revenue life of its titles. Its player base is global, with North America and Europe as the largest markets, and it operates through subsidiaries and studios in Sweden, the Netherlands, and the United States.
88GF Score

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

€13.34
Price
€14.90
GF Value