Axfood AB (STU:AXL1) Shiller PE Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

STU:AXL1 Axfood AB STU:AXL1
81 GF Score
Price €22.51
GF Value €26.58
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Axfood AB Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Axfood AB  (STU:AXL1) 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.


Axfood AB Shiller PE Ratio Related Terms


Axfood AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Axfood AB'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.

Axfood AB Shiller PE Ratio Chart

Axfood AB 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 32.62 28.62 25.72 20.84 26.83

Axfood AB 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 24.66 26.00 26.43 29.64 22.96

STU:AXL1 vs KR, SFM: Shiller PE Ratio Comparison

For the Grocery Stores subindustry, Axfood AB'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.


Axfood AB Shiller PE Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Shiller PE Ratio distribution charts can be found below:

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


STU:AXL1
81GF Score
Axfood AB STU:AXL1
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axfood AB 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.

Axfood AB's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Axfood AB'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)
=0.2686/134.6100*134.6100
=0.269

Current CPI (Jun. 2026) = 134.6100.

Axfood AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.232 101.138 0.308
201612 0.148 102.022 0.196
201703 0.153 102.022 0.202
201706 0.185 102.752 0.243
201709 0.231 103.279 0.301
201712 0.148 103.793 0.192
201803 0.160 103.962 0.208
201806 0.193 104.875 0.248
201809 0.214 105.679 0.272
201812 0.148 105.912 0.188
201903 0.160 105.886 0.204
201906 0.187 106.742 0.236
201909 0.232 107.214 0.291
201912 0.157 107.766 0.196
202003 0.179 106.563 0.225
202006 0.205 107.498 0.257
202009 0.281 107.635 0.352
202012 0.194 108.296 0.241
202103 0.212 108.360 0.263
202106 0.223 108.928 0.275
202109 0.285 110.338 0.347
202112 0.285 112.486 0.341
202203 0.311 114.825 0.365
202206 0.262 118.384 0.297
202209 0.319 122.296 0.351
202212 0.147 126.365 0.157
202303 0.196 127.042 0.207
202306 0.254 129.407 0.264
202309 0.286 130.224 0.295
202312 0.210 131.912 0.214
202403 0.229 132.205 0.233
202406 0.232 132.716 0.235
202409 0.284 132.304 0.289
202412 0.140 132.987 0.142
202503 0.185 132.825 0.188
202506 0.259 133.699 0.260
202509 0.296 133.480 0.298
202512 0.236 133.380 0.238
202603 0.226 133.550 0.227
202606 0.269 134.610 0.269

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.

Is Axfood AB (STU:AXL1) Overvalued in 2026?

Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued. The current stock price of €22.51 is trading 15.3% below its estimated GF Value™ of €26.58. GuruFocus considers Axfood AB to be Modestly Undervalued.

Key valuation signals for STU:AXL1:

  • Shiller PE Ratio:
  • GF Value™: €26.58 vs. price of €22.51 (15.3% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the STU:AXL1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axfood AB Business Description

Address Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
81GF Score

Get the complete analysis for STU:AXL1

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

€22.51
Price
€26.58
GF Value