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Bitcoin Group SEHAM:ADE -2.02%62 Shiller PE Ratio is 28.79 as of Jul. 27, 2026, which is 57% below its 10-year median of 66.72. GuruFocus rates HAM:ADE with a GF Score™ of 62/100 and a GF Value™ of €43.58 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 775 Asset Management companies, Bitcoin Group SE ranks worse than 86.58% on this metric.
As of today (2026-07-27), Bitcoin Group SE's current share price is €23.32. Bitcoin Group SE's E10 for the fiscal year that ended in Dec25 was €0.81. Bitcoin Group SE's Shiller PE Ratio for today is 28.79.
The historical rank and industry rank for Bitcoin Group SE's Shiller PE Ratio or its related term are showing as below:
HAM:ADE'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.01 Med: 66.72 Max: 406.47
Current: 28.89
During the past 13 years, Bitcoin Group SE's highest Shiller PE Ratio was 406.47. The lowest was 27.01. And the median was 66.72.
HAM:ADE's Shiller PE Ratio is ranked worse than 86.58% of 775
companies
in the Asset Management industry
Industry Median: 12.62
vs HAM:ADE: 28.89
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.
Bitcoin Group SE's adjusted earnings per share data of for the fiscal year that ended in Dec25 was €-0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.81 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Bitcoin Group SE (HAM:ADE) 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.
Bitcoin Group SE Shiller PE Ratio Related Terms
Bitcoin Group SE Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Bitcoin Group SE'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.
HAM:ADE vs BLK, BX, KKR: Shiller PE Ratio Comparison
For the Asset Management subindustry, Bitcoin Group SE'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.
Bitcoin Group SE Shiller PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bitcoin Group SE's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Bitcoin Group SE'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.
* 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.
Bitcoin Group SE's E10 for the fiscal year that ended in Dec25 is calculated as:
For example, Bitcoin Group SE's adjusted earnings per share data for the fiscal year that ended in Dec25 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.
Bitcoin Group SE (HAM:ADE) has a Shiller PE Ratio of 28.79 as of Jul. 27, 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 Bitcoin Group SE and its competitors. This is 57% below median its historical median of 66.72. Over the past decade, Bitcoin Group SE's Shiller PE Ratio has ranged from 27.01 to 406.47. According to the industry distribution chart, Bitcoin Group SE ranks #671 out of 775 companies in the Asset Management industry, placing it in the top 86.6%.
Is Bitcoin Group SE's Shiller PE Ratio too high?
Bitcoin Group SE's current Shiller PE Ratio of 28.79 is 57% below median its 10-year median of 66.72. Over the past 10 years, this metric has ranged from a low of 27.01 to a high of 406.47. The Asset Management industry median Shiller PE Ratio is 12.62. Bitcoin Group SE's value of 28.79 is 128.1% above this industry median. Based on the distribution chart, Bitcoin Group SE ranks #671 out of 775 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bitcoin Group SE has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Group SE's Shiller PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Bitcoin Group SE ranks #671 out of 775 companies for Shiller PE Ratio. This places Bitcoin Group SE in the lower half of its industry. The industry median Shiller PE Ratio is 12.62. Bitcoin Group SE's value of 28.79 is 128.1% above this benchmark. Historically, Bitcoin Group SE's own Shiller PE Ratio has ranged from 27.01 to 406.47 over the past decade. While the company's 10-year median is 66.72 vs. the industry median of 12.62, Bitcoin Group SE 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 Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 12.62, based on 775 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. Bitcoin Group SE's current Shiller PE Ratio of 28.79 is 128.1% 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 Bitcoin Group SE and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 12.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Group SE's current Shiller PE Ratio is 28.79, which is 57% below median its own 10-year median of 66.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Group SE stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Group SE (HAM:ADE) is currently considered Possible Value Trap. The stock's GF Value™ is €43.58, compared to a current price of €23.32 — trading 46.5% below its estimated fair value. The current Shiller PE Ratio is 28.79, which is 57% below median its 10-year median of 66.72 and 128.1% above the Asset Management industry median of 12.62. Bitcoin Group SE's overall GF Score™ is 62/100 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 Bitcoin Group SE (HAM:ADE), the current Shiller PE Ratio is 28.79 as of Jul. 27, 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 Bitcoin Group SE (HAM:ADE) Overvalued in 2026?
Based on GuruFocus' analysis, Bitcoin Group SE stock appears to be undervalued.
The current stock price of €23.32 is trading 46.5% below its estimated GF Value™ of €43.58.
GuruFocus considers Bitcoin Group SE to be Possible Value Trap.
Key valuation signals for HAM:ADE:
Shiller PE Ratio: 28.79 (57% below median its 10-year median of 66.72)
GF Value™: €43.58 vs. price of €23.32 (46.5% below fair value)
Industry Position: 128.1% above the Asset Management median (#671 of 775)
No single metric tells the full story. See the HAM:ADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitcoin Group SE is a venture capital company. The Company focuses on the acquisition, sale and management of investments in companies, and the acquisition of strategic leadership, management and coordination of these companies.
62GF Score
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