SPGGF (SP Group AS) Shiller PE Ratio: 22.34 (As of Sep. 01, 2026) — 18% Below Median

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SPGGF SP Group AS SPGGF
96 GF Score
Price $29.71
GF Value $22.54
! 7 Warning Signs
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What is SP Group AS Shiller PE Ratio?

SP Group AS SPGGF 96 Shiller PE Ratio is 22.34 as of Sep. 01, 2026, which is 18% below its 10-year median of 27.33. GuruFocus rates SPGGF with a GF Score™ of 96/100 and a GF Value™ of $22.54. The stock has 7 warning signs investors should review. Among 1,083 Chemicals companies, SP Group AS ranks worse than 58.63% on this metric.

As of today (2026-09-01), SP Group AS's current share price is $29.7142. SP Group AS's E10 for the quarter that ended in Jun. 2026 was $1.33. SP Group AS's Shiller PE Ratio for today is 22.34.

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

SPGGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.45   Med: 27.33   Max: 48.04
Current: 27.1

During the past years, SP Group AS's highest Shiller PE Ratio was 48.04. The lowest was 13.45. And the median was 27.33.

SPGGF's Shiller PE Ratio is ranked worse than
58.63% of 1083 companies
in the Chemicals industry
Industry Median: 22.26 vs SPGGF: 27.10

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.

SP Group AS's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.259. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SP Group AS  (OTCPK:SPGGF) 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.


SP Group AS Shiller PE Ratio Related Terms


SP Group AS Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for SP Group 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.

SP Group AS Shiller PE Ratio Chart

SP Group 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 45.90 21.62 17.08 20.87 20.95

SP Group 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 19.96 16.72 20.95 20.47 22.37

SPGGF vs LIN, SHW, ECL: Shiller PE Ratio Comparison

For the Specialty Chemicals subindustry, SP Group 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.


SP Group AS Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SP Group AS's Shiller PE Ratio distribution charts can be found below:

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


SPGGF
96GF Score
SP Group AS SPGGF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SP Group 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.

SP Group AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.7142/1.33
=22.34

* 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.

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

For example, SP Group 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)
=1.259/122.9700*122.9700
=1.259

Current CPI (Jun. 2026) = 122.9700.

SP Group AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.325 100.200 0.399
201612 0.293 100.300 0.359
201703 0.477 101.200 0.580
201706 0.494 101.200 0.600
201709 0.458 101.800 0.553
201712 0.353 101.300 0.429
201803 0.560 101.700 0.677
201806 0.538 102.300 0.647
201809 0.513 102.400 0.616
201812 0.627 102.100 0.755
201903 0.575 102.900 0.687
201906 0.509 102.900 0.608
201909 0.402 102.900 0.480
201912 0.385 102.900 0.460
202003 0.525 103.300 0.625
202006 0.497 103.200 0.592
202009 0.375 103.500 0.446
202012 0.561 103.400 0.667
202103 0.691 104.300 0.815
202106 0.639 105.000 0.748
202109 0.639 105.800 0.743
202112 0.638 106.600 0.736
202203 0.789 109.900 0.883
202206 0.652 113.600 0.706
202209 0.420 116.400 0.444
202212 0.622 115.900 0.660
202303 0.636 117.300 0.667
202306 0.361 116.400 0.381
202309 0.282 117.400 0.295
202312 0.606 116.700 0.639
202403 0.797 118.400 0.828
202406 0.847 118.500 0.879
202409 0.741 118.900 0.766
202412 0.739 118.900 0.764
202503 0.944 120.200 0.966
202506 0.635 120.700 0.647
202509 0.657 121.600 0.664
202512 1.146 121.200 1.163
202603 1.293 121.680 1.307
202606 1.259 122.970 1.259

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 22.34 mean?
SP Group AS (SPGGF) has a Shiller PE Ratio of 22.34 as of Sep. 01, 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 SP Group AS and its competitors. This is 18% below median its historical median of 27.33. Over the past decade, SP Group AS's Shiller PE Ratio has ranged from 13.45 to 48.04. According to the industry distribution chart, SP Group AS ranks #635 out of 1083 companies in the Chemicals industry, placing it in the top 58.6%.
Is SP Group AS's Shiller PE Ratio too high?
SP Group AS's current Shiller PE Ratio of 22.34 is 18% below median its 10-year median of 27.33. Over the past 10 years, this metric has ranged from a low of 13.45 to a high of 48.04. The Chemicals industry median Shiller PE Ratio is 22.26. SP Group AS's value of 22.34 is 0.4% above this industry median. Based on the distribution chart, SP Group AS ranks #635 out of 1083 companies in the Chemicals industry, which is below the industry midpoint. Overall, SP Group AS has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's Shiller PE Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #635 out of 1083 companies for Shiller PE Ratio. This places SP Group AS in the lower half of its industry. The industry median Shiller PE Ratio is 22.26. SP Group AS's value of 22.34 is 0.4% above this benchmark. Historically, SP Group AS's own Shiller PE Ratio has ranged from 13.45 to 48.04 over the past decade. While the company's 10-year median is 27.33 vs. the industry median of 22.26, SP Group 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 Chemicals company?
The median Shiller PE Ratio among Chemicals companies is 22.26, based on 1,083 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. SP Group AS's current Shiller PE Ratio of 22.34 is 0.4% 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 SP Group AS and its competitors. For the Chemicals industry, the median Shiller PE Ratio is 22.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current Shiller PE Ratio is 22.34, which is 18% below median its own 10-year median of 27.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (SPGGF) has a current Shiller PE Ratio of 22.34. The stock's GF Value™ is $22.54, compared to a current price of $29.71 — trading 31.8% above its estimated fair value. The current Shiller PE Ratio is 22.34, which is 18% below median its 10-year median of 27.33 and 0.4% above the Chemicals industry median of 22.26. SP Group AS's overall GF Score™ is 96/100 with 7 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 SP Group AS (SPGGF), the current Shiller PE Ratio is 22.34 as of Sep. 01, 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 SP Group AS (SPGGF) Overvalued in 2026?

Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued. The current stock price of $29.71 is trading 31.8% above its estimated GF Value™ of $22.54.

Key valuation signals for SPGGF:

  • Shiller PE Ratio: 22.34 (18% below median its 10-year median of 27.33)
  • GF Value™: $22.54 vs. price of $29.71 (31.8% above fair value)
  • GF Score™: 96/100 with 7 warning signs
  • Industry Position: 0.4% above the Chemicals median (#635 of 1083)

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


SP Group AS Business Description

Other Exchanges SPG:Denmark1PU2:Germany
Address Snavevej 6-10, Sonderso, DNK, 5471
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
96GF Score

Get the complete analysis for SPGGF

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

$29.71
Price
$22.54
GF Value