SWDBY (Swedbank AB) Shiller PE Ratio: 15.64 (As of Sep. 16, 2026) — 54% Above Median

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SWDBY Swedbank AB SWDBY
59 GF Score
Price $40.14
GF Value $22.84
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Swedbank AB Shiller PE Ratio?

Swedbank AB SWDBY +0.01% 59 Shiller PE Ratio is 15.64 as of Sep. 16, 2026, which is 54% above its 10-year median of 10.18. GuruFocus rates SWDBY with a GF Score™ of 59/100 and a GF Value™ of $22.84 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,235 Banks companies, Swedbank AB ranks worse than 62.67% on this metric.

As of today (2026-09-16), Swedbank AB's current share price is $40.14. Swedbank AB's E10 for the quarter that ended in Jun. 2026 was $2.57. Swedbank AB's Shiller PE Ratio for today is 15.64.

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

SWDBY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.15   Med: 10.18   Max: 20.25
Current: 15.99

During the past years, Swedbank AB's highest Shiller PE Ratio was 20.25. The lowest was 7.15. And the median was 10.18.

SWDBY's Shiller PE Ratio is ranked worse than
62.67% of 1235 companies
in the Banks industry
Industry Median: 13.95 vs SWDBY: 15.99

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.

Swedbank AB's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swedbank AB  (OTCPK:SWDBY) 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.


Swedbank AB Shiller PE Ratio Related Terms


Swedbank AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Swedbank 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.

Swedbank AB Shiller PE Ratio Chart

Swedbank 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 9.98 7.60 8.36 8.11 13.79

Swedbank 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 10.53 11.93 13.57 13.25 14.60

SWDBY vs USB: Shiller PE Ratio Comparison

For the Banks - Regional subindustry, Swedbank 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.


Swedbank AB Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Swedbank AB's Shiller PE Ratio distribution charts can be found below:

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


SWDBY
59GF Score
Swedbank AB SWDBY
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swedbank 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.

Swedbank AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.14/2.567
=15.64

* 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.

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

For example, Swedbank 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)
=0.6798/134.6100*134.6100
=0.680

Current CPI (Jun. 2026) = 134.6100.

Swedbank AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.506 101.138 0.673
201612 0.410 102.022 0.541
201703 0.515 102.022 0.679
201706 0.490 102.752 0.642
201709 0.516 103.279 0.673
201712 0.509 103.793 0.660
201803 0.555 103.962 0.718
201806 0.619 104.875 0.795
201809 0.552 105.679 0.702
201812 0.453 105.912 0.575
201903 0.513 105.886 0.652
201906 0.504 106.742 0.635
201909 0.434 107.214 0.545
201912 0.410 107.766 0.513
202003 -0.156 106.563 -0.197
202006 0.445 107.498 0.557
202009 0.528 107.635 0.660
202012 0.466 108.296 0.579
202103 0.532 108.360 0.661
202106 0.588 108.928 0.727
202109 0.566 110.338 0.691
202112 0.485 112.486 0.580
202203 0.428 114.825 0.501
202206 0.411 118.384 0.467
202209 0.474 122.296 0.522
202212 0.562 126.365 0.598
202303 0.642 127.042 0.680
202306 0.775 129.407 0.806
202309 0.746 130.224 0.771
202312 0.693 131.912 0.707
202403 0.719 132.205 0.732
202406 0.712 132.716 0.722
202409 0.796 132.304 0.810
202412 0.695 132.987 0.703
202503 0.680 132.825 0.689
202506 0.723 133.699 0.728
202509 0.792 133.480 0.798
202512 0.768 133.380 0.775
202603 0.711 133.550 0.717
202606 0.680 134.610 0.680

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 15.64 mean?
Swedbank AB (SWDBY) has a Shiller PE Ratio of 15.64 as of Sep. 16, 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 Swedbank AB and its competitors. This is 54% above median its historical median of 10.18. Over the past decade, Swedbank AB's Shiller PE Ratio has ranged from 7.15 to 20.25. According to the industry distribution chart, Swedbank AB ranks #774 out of 1235 companies in the Banks industry, placing it in the top 62.7%.
Is Swedbank AB's Shiller PE Ratio too high?
Swedbank AB's current Shiller PE Ratio of 15.64 is 54% above median its 10-year median of 10.18. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 20.25. The Banks industry median Shiller PE Ratio is 13.95. Swedbank AB's value of 15.64 is 12.1% above this industry median. Based on the distribution chart, Swedbank AB ranks #774 out of 1235 companies in the Banks industry, which is below the industry midpoint. Overall, Swedbank AB has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swedbank AB's Shiller PE Ratio compare to USB?
According to the Banks industry distribution chart, Swedbank AB ranks #774 out of 1235 companies for Shiller PE Ratio. This places Swedbank AB in the lower half of its industry. The industry median Shiller PE Ratio is 13.95. Swedbank AB's value of 15.64 is 12.1% above this benchmark. Historically, Swedbank AB's own Shiller PE Ratio has ranged from 7.15 to 20.25 over the past decade. While the company's 10-year median is 10.18 vs. the industry median of 13.95, Swedbank AB 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 Banks company?
The median Shiller PE Ratio among Banks companies is 13.95, based on 1,235 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. Swedbank AB's current Shiller PE Ratio of 15.64 is 12.1% 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 Swedbank AB and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swedbank AB's current Shiller PE Ratio is 15.64, which is 54% above median its own 10-year median of 10.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swedbank AB stock overvalued right now?
Based on GuruFocus' analysis, Swedbank AB (SWDBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.84, compared to a current price of $40.14 — trading 75.7% above its estimated fair value. The current Shiller PE Ratio is 15.64, which is 54% above median its 10-year median of 10.18 and 12.1% above the Banks industry median of 13.95. Swedbank AB's overall GF Score™ is 59/100 with 10 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 Swedbank AB (SWDBY), the current Shiller PE Ratio is 15.64 as of Sep. 16, 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 Swedbank AB (SWDBY) Overvalued in 2026?

Based on GuruFocus' analysis, Swedbank AB stock appears to be overvalued. The current stock price of $40.14 is trading 75.7% above its estimated GF Value™ of $22.84. GuruFocus considers Swedbank AB to be Significantly Overvalued.

Key valuation signals for SWDBY:

  • Shiller PE Ratio: 15.64 (54% above median its 10-year median of 10.18)
  • GF Value™: $22.84 vs. price of $40.14 (75.7% above fair value)
  • GF Score™: 59/100 with 10 warning signs
  • Industry Position: 12.1% above the Banks median (#774 of 1235)

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


Swedbank AB Business Description

Address Landsvagen 40, Sundbyberg, Stockholm, SWE, 17263
Swedbank is one of the largest retail banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania.
59GF Score

Get the complete analysis for SWDBY

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

$40.14
Price
$22.84
GF Value