AGRUF (AF Gruppen ASA) E10: $0.47 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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AGRUF AF Gruppen ASA AGRUF
56 GF Score
Price $9.65
! 4 Warning Signs
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What is AF Gruppen ASA E10?

AF Gruppen ASA AGRUF 56 E10 is $0.47 as of Jun. 2026. GuruFocus rates AGRUF with a GF Score™ of 56/100. The stock has 4 warning signs investors should review.

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.

AF Gruppen ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.312. 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.

During the past 12 months, AF Gruppen ASA's average E10 Growth Rate was 3.40% per year. During the past 3 years, the average E10 Growth Rate was 1.80% per year. During the past 5 years, the average E10 Growth Rate was 5.80% 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 AF Gruppen ASA was 11.60% per year. The lowest was 1.80% per year. And the median was 8.10% per year.

As of today (2026-09-04), AF Gruppen ASA's current stock price is $9.65. AF Gruppen ASA's E10 for the quarter that ended in Jun. 2026 was $0.47. AF Gruppen ASA's Shiller PE Ratio of today is 20.53.

During the past 13 years, the highest Shiller PE Ratio of AF Gruppen ASA was 30.96. The lowest was 12.81. And the median was 23.04.


AF Gruppen ASA  (OTCPK:AGRUF) 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.

AF Gruppen ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.65/0.47
=20.53

* 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 AF Gruppen ASA was 30.96. The lowest was 12.81. And the median was 23.04.


Be Aware

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


AF Gruppen ASA E10 Related Terms


AF Gruppen ASA E10 Historical Data

* Premium members only.

The historical data trend for AF Gruppen 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.

AF Gruppen ASA E10 Chart

AF Gruppen ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.88 0.72 0.59 0.47

AF Gruppen ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.58 0.53 0.47 0.53 0.47

AGRUF vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, AF Gruppen 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.


AF Gruppen ASA Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Shiller PE Ratio distribution charts can be found below:

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


AGRUF
56GF Score
AF Gruppen ASA AGRUF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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AF Gruppen 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, AF Gruppen ASA'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)
=0.312/141.5800*141.5800
=0.312

Current CPI (Jun. 2026) = 141.5800.

AF Gruppen ASA Quarterly Data

per share eps CPI Adj_EPS
201609 0.206 104.200 0.280
201612 0.305 104.400 0.414
201703 0.105 105.000 0.142
201706 0.209 105.800 0.280
201709 0.184 105.900 0.246
201712 0.281 106.100 0.375
201803 0.171 107.300 0.226
201806 0.189 108.500 0.247
201809 0.272 109.500 0.352
201812 0.322 109.800 0.415
201903 0.164 110.400 0.210
201906 0.293 110.600 0.375
201909 0.254 111.100 0.324
201912 0.247 111.300 0.314
202003 0.120 111.200 0.153
202006 0.164 112.100 0.207
202009 0.262 112.900 0.329
202012 0.470 112.900 0.589
202103 0.182 114.600 0.225
202106 0.248 115.300 0.305
202109 0.240 117.500 0.289
202112 0.430 118.900 0.512
202203 0.157 119.800 0.186
202206 0.274 122.600 0.316
202209 0.142 125.600 0.160
202212 0.347 125.900 0.390
202303 -0.003 127.600 -0.003
202306 0.159 130.400 0.173
202309 0.040 129.800 0.044
202312 0.154 131.900 0.165
202403 0.123 132.600 0.131
202406 -0.007 133.800 -0.007
202409 0.174 133.700 0.184
202412 0.307 134.800 0.322
202503 0.119 136.100 0.124
202506 0.248 137.800 0.255
202509 0.236 138.500 0.241
202512 0.379 139.100 0.386
202603 0.191 141.030 0.192
202606 0.312 141.580 0.312

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.47 mean?
AF Gruppen ASA (AGRUF) has a E10 of $0.47 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AF Gruppen ASA and its competitors.
Is AF Gruppen ASA's E10 too high?
AF Gruppen ASA's current E10 is $0.47. Overall, AF Gruppen ASA has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does AF Gruppen ASA's E10 compare to PWR and FIX?
AF Gruppen ASA's E10 of $0.47 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Construction company?
A good E10 depends on the Construction industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AF Gruppen ASA and its competitors. AF Gruppen ASA's current E10 is $0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF Gruppen ASA stock overvalued right now?
AF Gruppen ASA (AGRUF) has a current E10 of $0.47. The current E10 is $0.47. AF Gruppen ASA's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For AF Gruppen ASA (AGRUF), the current E10 is $0.47 as of Jun. 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.

AF Gruppen ASA Business Description

Address Innspurten 15, P.O. box 6272, Oslo, NOR, 0603
AF Gruppen ASA A is one of Norway's contracting and industrial groups. The company provides services in areas of civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants.
56GF Score

Get the complete analysis for AGRUF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.65
Price