GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grieg Seafood ASA (OSL:GSF) » Definitions » E10

Grieg Seafood ASA (OSL:GSF) E10 : kr5.88 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Grieg Seafood ASA E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Grieg Seafood ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-2.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr5.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grieg Seafood ASA's average E10 Growth Rate was -7.00% per year. During the past 3 years, the average E10 Growth Rate was 26.50% per year. During the past 5 years, the average E10 Growth Rate was 11.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Grieg Seafood ASA was 26.50% per year. The lowest was 4.90% per year. And the median was 13.00% per year.

As of today (2024-05-26), Grieg Seafood ASA's current stock price is kr72.95. Grieg Seafood ASA's E10 for the quarter that ended in Mar. 2024 was kr5.88. Grieg Seafood ASA's Shiller PE Ratio of today is 12.41.

During the past 13 years, the highest Shiller PE Ratio of Grieg Seafood ASA was 43.66. The lowest was 0.84. And the median was 25.36.


Grieg Seafood ASA E10 Historical Data

The historical data trend for Grieg Seafood ASA's E10 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.

* Premium members only.

Grieg Seafood ASA E10 Chart

Grieg Seafood ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.12 3.07 4.44 5.95 6.21

Grieg Seafood ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 6.32 5.85 5.89 6.21 5.88

Competitive Comparison of Grieg Seafood ASA's E10

For the Farm Products subindustry, Grieg Seafood ASA'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.


Grieg Seafood ASA's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grieg Seafood ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Grieg Seafood ASA's Shiller PE Ratio falls into.



Grieg Seafood ASA E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Grieg Seafood ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.9/132.6000*132.6000
=-2.900

Current CPI (Mar. 2024) = 132.6000.

Grieg Seafood ASA Quarterly Data

per share eps CPI Adj_EPS
201406 -0.570 97.500 -0.775
201409 -0.620 98.500 -0.835
201412 1.890 98.600 2.542
201503 -0.510 99.200 -0.682
201506 -0.930 100.100 -1.232
201509 0.050 100.600 0.066
201512 1.328 100.900 1.745
201603 1.620 102.500 2.096
201606 2.630 103.800 3.360
201609 1.550 104.200 1.972
201612 4.930 104.400 6.262
201703 -0.610 105.000 -0.770
201706 2.190 105.800 2.745
201709 1.650 105.900 2.066
201712 1.938 106.100 2.422
201803 2.010 107.300 2.484
201806 1.480 108.500 1.809
201809 2.000 109.500 2.422
201812 3.318 109.800 4.007
201903 2.280 110.400 2.738
201906 1.270 110.600 1.523
201909 -2.400 111.100 -2.864
201912 4.460 111.300 5.314
202003 -4.100 111.200 -4.889
202006 -0.500 112.100 -0.591
202009 -0.400 112.900 -0.470
202012 0.806 112.900 0.947
202103 1.000 114.600 1.157
202106 1.100 115.300 1.265
202109 1.800 117.500 2.031
202112 6.700 118.900 7.472
202203 6.200 119.800 6.862
202206 6.000 122.600 6.489
202209 -2.500 125.600 -2.639
202212 0.555 125.900 0.585
202303 3.800 127.600 3.949
202306 -5.000 130.400 -5.084
202309 1.300 129.800 1.328
202312 4.878 131.900 4.904
202403 -2.900 132.600 -2.900

Add all the adjusted EPS together and divide 10 will get our e10.


Grieg Seafood ASA  (OSL:GSF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Grieg Seafood ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=72.95/5.88
=12.41

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Grieg Seafood ASA was 43.66. The lowest was 0.84. And the median was 25.36.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Grieg Seafood ASA E10 Related Terms

Thank you for viewing the detailed overview of Grieg Seafood ASA's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Grieg Seafood ASA (OSL:GSF) Business Description

Traded in Other Exchanges
Address
C. Sundtsgate 17/19, Grieg-Gaarden, Bergen, NOR, 5004
Grieg Seafood ASA is an integrated Norwegian seafood company engaged in farming Atlantic salmon. The company's facilities are located in Finnmark and Rogaland in Norway and British Columbia and Newfoundland in Canada. Its product portfolio includes fresh whole fish, freshly processed fish, frozen processed fish, frozen whole fish, and other products.

Grieg Seafood ASA (OSL:GSF) Headlines

No Headlines