SSAAF (SSAB AB (publ)) Shiller PE Ratio: 19.85 (As of Sep. 12, 2026) — 43% Below Median

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SSAAF SSAB AB (publ) SSAAF
70 GF Score
Price $9.33
GF Value $5.33
! 6 Warning Signs
View Full Analysis

What is SSAB AB (publ) Shiller PE Ratio?

SSAB AB (publ) SSAAF -6.61% 70 Shiller PE Ratio is 19.85 as of Sep. 12, 2026, which is 43% below its 10-year median of 34.63. GuruFocus rates SSAAF with a GF Score™ of 70/100 and a GF Value™ of $5.33. The stock has 6 warning signs investors should review. Among 410 Steel companies, SSAB AB (publ) ranks worse than 70.73% on this metric.

As of today (2026-09-12), SSAB AB (publ)'s current share price is $9.33. SSAB AB (publ)'s E10 for the quarter that ended in Jun. 2026 was $0.47. SSAB AB (publ)'s Shiller PE Ratio for today is 19.85.

The historical rank and industry rank for SSAB AB (publ)'s Shiller PE Ratio or its related term are showing as below:

SSAAF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.36   Med: 34.63   Max: 1219.5
Current: 23.6

During the past years, SSAB AB (publ)'s highest Shiller PE Ratio was 1219.50. The lowest was 12.36. And the median was 34.63.

SSAAF's Shiller PE Ratio is ranked worse than
70.73% of 410 companies
in the Steel industry
Industry Median: 13.985 vs SSAAF: 23.60

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.

SSAB AB (publ)'s adjusted earnings per share data for the three months ended in Jun. 2026 was $0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSAB AB (publ)  (OTCPK:SSAAF) 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.


SSAB AB (publ) Shiller PE Ratio Related Terms


SSAB AB (publ) Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for SSAB AB (publ)'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.

SSAB AB (publ) Shiller PE Ratio Chart

SSAB AB (publ) 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 31.96 62.55 30.10 12.76 17.13

SSAB AB (publ) 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 15.10 14.22 17.13 17.11 20.07

SSAAF vs NUE, STLD, RS: Shiller PE Ratio Comparison

For the Steel subindustry, SSAB AB (publ)'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.


SSAB AB (publ) Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SSAB AB (publ)'s Shiller PE Ratio falls into.


SSAAF
70GF Score
SSAB AB (publ) SSAAF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SSAB AB (publ) 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.

SSAB AB (publ)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.33/0.47
=19.85

* 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.

SSAB AB (publ)'s E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, SSAB AB (publ)'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)
=0.22/134.6100*134.6100
=0.220

Current CPI (Jun. 2026) = 134.6100.

SSAB AB (publ) Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.067 101.138 0.089
201612 0.003 102.022 0.004
201703 0.055 102.022 0.073
201706 0.099 102.752 0.130
201709 0.070 103.279 0.091
201712 0.038 103.793 0.049
201803 0.079 103.962 0.102
201806 0.144 104.875 0.185
201809 0.095 105.679 0.121
201812 0.075 105.912 0.095
201903 0.133 105.886 0.169
201906 0.104 106.742 0.131
201909 0.003 107.214 0.004
201912 -0.128 107.766 -0.160
202003 0.017 106.563 0.021
202006 -0.030 107.498 -0.038
202009 -0.081 107.635 -0.101
202012 0.039 108.296 0.048
202103 0.171 108.360 0.212
202106 0.373 108.928 0.461
202109 0.503 110.338 0.614
202112 0.583 112.486 0.698
202203 0.611 114.825 0.716
202206 0.776 118.384 0.882
202209 0.452 122.296 0.498
202212 -2.806 126.365 -2.989
202303 0.343 127.042 0.363
202306 0.354 129.407 0.368
202309 0.307 130.224 0.317
202312 0.181 131.912 0.185
202403 0.247 132.205 0.251
202406 0.232 132.716 0.235
202409 0.103 132.304 0.105
202412 0.044 132.987 0.045
202503 0.112 132.825 0.114
202506 0.195 133.699 0.196
202509 0.159 133.480 0.160
202512 0.047 133.390 0.047
202603 0.173 133.560 0.174
202606 0.220 134.610 0.220

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 19.85 mean?
SSAB AB (publ) (SSAAF) has a Shiller PE Ratio of 19.85 as of Sep. 12, 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 SSAB AB (publ) and its competitors. This is 43% below median its historical median of 34.63. Over the past decade, SSAB AB (publ)'s Shiller PE Ratio has ranged from 12.36 to 1,219.50. According to the industry distribution chart, SSAB AB (publ) ranks #290 out of 410 companies in the Steel industry, placing it in the top 70.7%.
Is SSAB AB (publ)'s Shiller PE Ratio too high?
SSAB AB (publ)'s current Shiller PE Ratio of 19.85 is 43% below median its 10-year median of 34.63. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 1,219.50. The Steel industry median Shiller PE Ratio is 13.99. SSAB AB (publ)'s value of 19.85 is 41.9% above this industry median. Based on the distribution chart, SSAB AB (publ) ranks #290 out of 410 companies in the Steel industry, which is below the industry midpoint. Overall, SSAB AB (publ) has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Shiller PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #290 out of 410 companies for Shiller PE Ratio. This places SSAB AB (publ) in the lower half of its industry. The industry median Shiller PE Ratio is 13.99. SSAB AB (publ)'s value of 19.85 is 41.9% above this benchmark. Historically, SSAB AB (publ)'s own Shiller PE Ratio has ranged from 12.36 to 1,219.50 over the past decade. While the company's 10-year median is 34.63 vs. the industry median of 13.99, SSAB AB (publ) 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 Steel company?
The median Shiller PE Ratio among Steel companies is 13.99, based on 410 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. SSAB AB (publ)'s current Shiller PE Ratio of 19.85 is 41.9% 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 SSAB AB (publ) and its competitors. For the Steel industry, the median Shiller PE Ratio is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSAB AB (publ)'s current Shiller PE Ratio is 19.85, which is 43% below median its own 10-year median of 34.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
SSAB AB (publ) (SSAAF) has a current Shiller PE Ratio of 19.85. The stock's GF Value™ is $5.33, compared to a current price of $9.33 — trading 75% above its estimated fair value. The current Shiller PE Ratio is 19.85, which is 43% below median its 10-year median of 34.63 and 41.9% above the Steel industry median of 13.99. SSAB AB (publ)'s overall GF Score™ is 70/100 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 SSAB AB (publ) (SSAAF), the current Shiller PE Ratio is 19.85 as of Sep. 12, 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 SSAB AB (publ) (SSAAF) Overvalued in 2026?

Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued. The current stock price of $9.33 is trading 75% above its estimated GF Value™ of $5.33.

Key valuation signals for SSAAF:

  • Shiller PE Ratio: 19.85 (43% below median its 10-year median of 34.63)
  • GF Value™: $5.33 vs. price of $9.33 (75% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 41.9% above the Steel median (#290 of 410)

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


SSAB AB (publ) Business Description

Address Klarabergsviadukten 70, Building A, 8th floor, Stockholm, SWE, 11164
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
70GF Score

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

$9.33
Price
$5.33
GF Value