HAFN (Hafnia) Shiller PE Ratio: 14.13 (As of Aug. 19, 2026) — 27% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAFN Hafnia Ltd HAFN
76 GF Score
Price $7.91
GF Value $4.68
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hafnia Shiller PE Ratio?

Hafnia HAFN +1.67% 76 Shiller PE Ratio is 14.13 as of Aug. 19, 2026, which is 27% above its 10-year median of 11.12. GuruFocus rates HAFN with a GF Score™ of 76/100 and a GF Value™ of $4.68 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 601 Transportation companies, Hafnia ranks better than 67.39% on this metric.

As of today (2026-08-19), Hafnia's current share price is $7.91. Hafnia's E10 for the fiscal year that ended in Dec25 was $0.56. Hafnia's Shiller PE Ratio for today is 14.13.

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

HAFN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.61   Med: 11.12   Max: 13.24
Current: 12.97

During the past 11 years, Hafnia's highest Shiller PE Ratio was 13.24. The lowest was 8.61. And the median was 11.12.

HAFN's Shiller PE Ratio is ranked better than
67.39% of 601 companies
in the Transportation industry
Industry Median: 18.31 vs HAFN: 12.97

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.

Hafnia's adjusted earnings per share data of for the fiscal year that ended in Dec25 was $0.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.56 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hafnia  (NYSE:HAFN) 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.


Hafnia Shiller PE Ratio Related Terms


Hafnia Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Hafnia'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.

Hafnia Shiller PE Ratio Chart

Hafnia 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 0.00 0.00 0.00 11.91 9.55

Hafnia 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 0.00 0.00 0.00 9.55 0.00

Hafnia Shiller PE Ratio Competitor Comparison

For the Marine Shipping subindustry, Hafnia'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.


Hafnia Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Hafnia's Shiller PE Ratio distribution charts can be found below:

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


HAFN
76GF Score
Hafnia Ltd HAFN
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hafnia 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.

Hafnia's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.91/0.56
=14.13

* 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.

Hafnia's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, Hafnia's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.67/324.0540*324.0540
=0.670

Current CPI (Dec25) = 324.0540.

Hafnia Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 -0.504 241.432 -0.676
201712 0.008 246.524 0.011
201812 -0.058 251.233 -0.075
201912 0.210 256.974 0.265
202012 0.410 260.474 0.510
202112 -0.150 278.802 -0.174
202212 1.540 296.797 1.681
202312 1.560 306.746 1.648
202412 1.500 315.605 1.540
202512 0.670 324.054 0.670

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 14.13 mean?
Hafnia (HAFN) has a Shiller PE Ratio of 14.13 as of Aug. 19, 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 Hafnia and its competitors. This is 27% above median its historical median of 11.12. Over the past decade, Hafnia's Shiller PE Ratio has ranged from 8.61 to 13.24. According to the industry distribution chart, Hafnia ranks #196 out of 601 companies in the Transportation industry, placing it in the top 32.6%.
Is Hafnia's Shiller PE Ratio too high?
Hafnia's current Shiller PE Ratio of 14.13 is 27% above median its 10-year median of 11.12. Over the past 10 years, this metric has ranged from a low of 8.61 to a high of 13.24. The Transportation industry median Shiller PE Ratio is 18.31. Hafnia's value of 14.13 is 22.8% below this industry median. Based on the distribution chart, Hafnia ranks #196 out of 601 companies in the Transportation industry, which is above the industry midpoint. Overall, Hafnia has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hafnia's Shiller PE Ratio compare to competitors?
According to the Transportation industry distribution chart, Hafnia ranks #196 out of 601 companies for Shiller PE Ratio. This puts Hafnia in the upper half of its industry. The industry median Shiller PE Ratio is 18.31. Hafnia's value of 14.13 is 22.8% below this benchmark. Historically, Hafnia's own Shiller PE Ratio has ranged from 8.61 to 13.24 over the past decade. While the company's 10-year median is 11.12 vs. the industry median of 18.31, Hafnia 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 Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.31, based on 601 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. Hafnia's current Shiller PE Ratio of 14.13 is 22.8% 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 Hafnia and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hafnia's current Shiller PE Ratio is 14.13, which is 27% above median its own 10-year median of 11.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hafnia stock overvalued right now?
Based on GuruFocus' analysis, Hafnia (HAFN) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.68, compared to a current price of $7.91 — trading 69% above its estimated fair value. The current Shiller PE Ratio is 14.13, which is 27% above median its 10-year median of 11.12 and 22.8% below the Transportation industry median of 18.31. Hafnia's overall GF Score™ is 76/100 with 3 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 Hafnia (HAFN), the current Shiller PE Ratio is 14.13 as of Aug. 19, 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 Hafnia (HAFN) Overvalued in 2026?

Based on GuruFocus' analysis, Hafnia stock appears to be overvalued. The current stock price of $7.91 is trading 69% above its estimated GF Value™ of $4.68. GuruFocus considers Hafnia to be Significantly Overvalued.

Key valuation signals for HAFN:

  • Shiller PE Ratio: 14.13 (27% above median its 10-year median of 11.12)
  • GF Value™: $4.68 vs. price of $7.91 (69% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 22.8% below the Transportation median (#196 of 601)

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


Hafnia Business Description

Address c/o Hafnia SG Pte Ltd, 10 Pasir Panjang Road, No.18-01 Mapletree Business City, Singapore, SGP, 117438
Hafnia Ltd is one of the tanker owners, transporting oil, oil products and chemicals for national and international oil companies, chemical companies, as well as trading and utility companies. As owners and operators of around 200 vessels, It offers a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk. Company manages it's business through the following reporting segments: LR2 tankers, LR1 tankers, MR tankers, Handy tankers.
76GF Score

Get the complete analysis for HAFN

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

$7.91
Price
$4.68
GF Value