AL Sydbank AS (FRA:TM2) Shiller PE Ratio: 21.49 (As of Sep. 14, 2026) — 61% Above Median

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FRA:TM2 AL Sydbank AS FRA:TM2
70 GF Score
Price €92.85
GF Value €56.10
Valuation Significantly Overvalued
! 8 Warning Signs
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What is AL Sydbank AS Shiller PE Ratio?

AL Sydbank AS FRA:TM2 +0.60% 70 Shiller PE Ratio is 21.49 as of Sep. 14, 2026, which is 61% above its 10-year median of 13.31. GuruFocus rates FRA:TM2 with a GF Score™ of 70/100 and a GF Value™ of €56.10 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,235 Banks companies, AL Sydbank AS ranks worse than 81.78% on this metric.

As of today (2026-09-14), AL Sydbank AS's current share price is €92.85. AL Sydbank AS's E10 for the quarter that ended in Jun. 2026 was €4.32. AL Sydbank AS's Shiller PE Ratio for today is 21.49.

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

FRA:TM2' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.83   Med: 13.31   Max: 21.41
Current: 21.41

During the past years, AL Sydbank AS's highest Shiller PE Ratio was 21.41. The lowest was 6.83. And the median was 13.31.

FRA:TM2's Shiller PE Ratio is ranked worse than
81.78% of 1235 companies
in the Banks industry
Industry Median: 13.92 vs FRA:TM2: 21.41

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.

AL Sydbank AS's adjusted earnings per share data for the three months ended in Jun. 2026 was €1.471. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AL Sydbank AS  (FRA:TM2) 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.


AL Sydbank AS Shiller PE Ratio Related Terms


AL Sydbank AS Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for AL Sydbank AS'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.

AL Sydbank AS Shiller PE Ratio Chart

AL Sydbank AS 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 13.24 15.01 11.65 13.07 18.25

AL Sydbank AS 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 15.16 15.91 18.25 16.20 17.68

AL Sydbank AS Shiller PE Ratio Competitor Comparison

For the Banks - Regional subindustry, AL Sydbank AS'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.


AL Sydbank AS Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, AL Sydbank AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AL Sydbank AS's Shiller PE Ratio falls into.


FRA:TM2
70GF Score
AL Sydbank AS FRA:TM2
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AL Sydbank AS 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.

AL Sydbank AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=92.85/4.32
=21.49

* 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.

AL Sydbank AS's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, AL Sydbank AS'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)
=1.471/122.9700*122.9700
=1.471

Current CPI (Jun. 2026) = 122.9700.

AL Sydbank AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.738 100.200 0.906
201612 0.847 100.300 1.038
201703 0.860 101.200 1.045
201706 0.726 101.200 0.882
201709 0.766 101.800 0.925
201712 0.658 101.300 0.799
201803 0.873 101.700 1.056
201806 0.470 102.300 0.565
201809 0.603 102.400 0.724
201812 0.416 102.100 0.501
201903 0.429 102.900 0.513
201906 0.375 102.900 0.448
201909 0.576 102.900 0.688
201912 0.415 102.900 0.496
202003 0.094 103.300 0.112
202006 0.590 103.200 0.703
202009 0.538 103.500 0.639
202012 0.497 103.400 0.591
202103 0.632 104.300 0.745
202106 0.766 105.000 0.897
202109 0.807 105.800 0.938
202112 0.888 106.600 1.024
202203 0.995 109.900 1.113
202206 0.685 113.600 0.742
202209 0.994 116.400 1.050
202212 1.653 115.900 1.754
202303 1.720 117.300 1.803
202306 1.773 116.400 1.873
202309 2.159 117.400 2.261
202312 2.241 116.700 2.361
202403 2.079 118.400 2.159
202406 1.876 118.500 1.947
202409 1.918 118.900 1.984
202412 0.952 118.900 0.985
202503 1.649 120.200 1.687
202506 1.474 120.700 1.502
202509 1.849 121.600 1.870
202512 -0.295 121.200 -0.299
202603 1.204 121.680 1.217
202606 1.471 122.970 1.471

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 21.49 mean?
AL Sydbank AS (FRA:TM2) has a Shiller PE Ratio of 21.49 as of Sep. 14, 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 AL Sydbank AS and its competitors. This is 61% above median its historical median of 13.31. Over the past decade, AL Sydbank AS's Shiller PE Ratio has ranged from 6.83 to 21.41. According to the industry distribution chart, AL Sydbank AS ranks #1010 out of 1235 companies in the Banks industry, placing it in the top 81.8%.
Is AL Sydbank AS's Shiller PE Ratio too high?
AL Sydbank AS's current Shiller PE Ratio of 21.49 is 61% above median its 10-year median of 13.31. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 21.41. The Banks industry median Shiller PE Ratio is 13.92. AL Sydbank AS's value of 21.49 is 54.4% above this industry median. Based on the distribution chart, AL Sydbank AS ranks #1010 out of 1235 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, AL Sydbank AS has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AL Sydbank AS's Shiller PE Ratio compare to competitors?
According to the Banks industry distribution chart, AL Sydbank AS ranks #1010 out of 1235 companies for Shiller PE Ratio. This places AL Sydbank AS in the lower half of its industry. The industry median Shiller PE Ratio is 13.92. AL Sydbank AS's value of 21.49 is 54.4% above this benchmark. Historically, AL Sydbank AS's own Shiller PE Ratio has ranged from 6.83 to 21.41 over the past decade. While the company's 10-year median is 13.31 vs. the industry median of 13.92, AL Sydbank AS 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 13.92, based on 1,235 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. AL Sydbank AS's current Shiller PE Ratio of 21.49 is 54.4% 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 AL Sydbank AS and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AL Sydbank AS's current Shiller PE Ratio is 21.49, which is 61% above median its own 10-year median of 13.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AL Sydbank AS stock overvalued right now?
Based on GuruFocus' analysis, AL Sydbank AS (FRA:TM2) is currently considered Significantly Overvalued. The stock's GF Value™ is €56.10, compared to a current price of €92.85 — trading 65.5% above its estimated fair value. The current Shiller PE Ratio is 21.49, which is 61% above median its 10-year median of 13.31 and 54.4% above the Banks industry median of 13.92. AL Sydbank AS's overall GF Score™ is 70/100 with 8 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 AL Sydbank AS (FRA:TM2), the current Shiller PE Ratio is 21.49 as of Sep. 14, 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 AL Sydbank AS (FRA:TM2) Overvalued in 2026?

Based on GuruFocus' analysis, AL Sydbank AS stock appears to be overvalued. The current stock price of €92.85 is trading 65.5% above its estimated GF Value™ of €56.10. GuruFocus considers AL Sydbank AS to be Significantly Overvalued.

Key valuation signals for FRA:TM2:

  • Shiller PE Ratio: 21.49 (61% above median its 10-year median of 13.31)
  • GF Value™: €56.10 vs. price of €92.85 (65.5% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 54.4% above the Banks median (#1010 of 1235)

No single metric tells the full story. See the FRA:TM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AL Sydbank AS Business Description

Address Peberlyk 4, Aabenraa, DNK, 6200
AL Sydbank A/S is a Danish bank operating in Denmark and with some exposure to Northern Germany. The bank operates through five business segments: Banking, Asset Management, Sydbank Markets, Treasury, and Others. The bank provides various banking and financial advisory services such as mortgage credit, retail banking, investment banking, corporate banking, international banking, and asset management. A vast majority of Sydbank's net revenue is derived from its banking segment, which includes net interest and fee income from retail and corporate clients. The company earns the majority of its revenue in Denmark.
70GF Score

Get the complete analysis for FRA:TM2

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

€92.85
Price
€56.10
GF Value