Frontline (CHIX:FROO) E10: kr13.46 (As of Mar. 2026)


CHIX:FROO Frontline PLC CHIX:FROO
76 GF Score
Price kr399.05
GF Value kr252.06
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Frontline E10?

Frontline CHIX:FROO -3.85% 76 E10 is kr13.46 as of Mar. 2026. GuruFocus rates CHIX:FROO with a GF Score™ of 76/100 and a GF Value™ of kr252.06 (Significantly Overvalued). The stock has 2 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.

Frontline's adjusted earnings per share data for the three months ended in Mar. 2026 was kr24.243. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr13.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Frontline's average E10 Growth Rate was 17.90% 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 Frontline was 79.30% per year. The lowest was -51.80% per year. And the median was 5.80% per year.

As of today (2026-06-26), Frontline's current stock price is kr399.05. Frontline's E10 for the quarter that ended in Mar. 2026 was kr13.46. Frontline's Shiller PE Ratio of today is 29.65.

During the past 13 years, the highest Shiller PE Ratio of Frontline was 237.92. The lowest was 0.81. And the median was 12.74.


Frontline  (CHIX:FROo) 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.

Frontline's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=399.05/13.46
=29.65

* 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 Frontline was 237.92. The lowest was 0.81. And the median was 12.74.


Be Aware

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


Frontline E10 Related Terms


Frontline E10 Historical Data

* Premium members only.

The historical data trend for Frontline'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.

Frontline E10 Chart

Frontline 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 -23.55 -18.45 -0.60 14.39 11.82

Frontline Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.31 12.51 11.50 11.82 13.46

CHIX:FROO vs VNOM, AM, GLNG: E10 Comparison

For the Oil & Gas Midstream subindustry, Frontline'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.


Frontline Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Frontline's Shiller PE Ratio distribution charts can be found below:

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


CHIX:FROO
76GF Score
Frontline PLC CHIX:FROO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontline 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, Frontline's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=24.243/330.2130*330.2130
=24.243

Current CPI (Mar. 2026) = 330.2130.

Frontline Quarterly Data

per share eps CPI Adj_EPS
201606 0.748 241.018 1.025
201609 0.246 241.428 0.336
201612 1.027 241.432 1.405
201703 1.361 243.801 1.843
201706 -0.931 244.955 -1.255
201709 -1.097 246.819 -1.468
201712 -12.144 246.524 -16.267
201803 -0.622 249.554 -0.823
201806 -1.054 251.989 -1.381
201809 0.082 252.439 0.107
201812 1.294 251.233 1.701
201903 2.066 254.202 2.684
201906 0.000 256.143 0.000
201909 -0.540 256.759 -0.694
201912 1.354 256.974 1.740
202003 8.602 258.115 11.005
202006 9.628 257.797 12.333
202009 2.657 260.280 3.371
202012 -0.435 260.474 -0.551
202103 1.277 264.877 1.592
202106 -1.095 271.696 -1.331
202109 -1.472 274.310 -1.772
202112 0.898 278.802 1.064
202203 1.237 287.504 1.421
202206 2.437 296.311 2.716
202209 7.209 296.808 8.020
202212 10.671 296.797 11.872
202303 9.479 301.836 10.370
202306 11.228 305.109 12.152
202309 5.148 307.789 5.523
202312 5.591 306.746 6.019
202403 8.596 312.332 9.088
202406 8.917 314.175 9.372
202409 2.868 315.301 3.004
202412 3.366 315.605 3.522
202503 1.602 319.799 1.654
202506 3.518 322.561 3.601
202509 1.790 324.800 1.820
202512 10.309 324.054 10.505
202603 24.243 330.213 24.243

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 kr13.46 mean?
Frontline (CHIX:FROO) has a E10 of kr13.46 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Frontline and its competitors.
Is Frontline's E10 too high?
Frontline's current E10 is kr13.46. Overall, Frontline has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontline's E10 compare to VNOM and AM?
Frontline's E10 of kr13.46 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Frontline and its competitors. Frontline's current E10 is kr13.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontline stock overvalued right now?
Based on GuruFocus' analysis, Frontline (CHIX:FROO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr252.06, compared to a current price of kr399.05 — trading 58.3% above its estimated fair value. The current E10 is kr13.46. Frontline's overall GF Score™ is 76/100 with 2 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 Frontline (CHIX:FROO), the current E10 is kr13.46 as of Mar. 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 Frontline (CHIX:FROO) Overvalued in 2026?

Based on GuruFocus' analysis, Frontline stock appears to be overvalued. The current stock price of kr399.05 is trading 58.3% above its estimated GF Value™ of kr252.06. GuruFocus considers Frontline to be Significantly Overvalued.

Key valuation signals for CHIX:FROO:

  • E10: kr13.46
  • GF Value™: kr252.06 vs. price of kr399.05 (58.3% above fair value)
  • GF Score™: 76/100 with 2 warning signs

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


Frontline Business Description

Industry EnergyOil & Gas
Address 8, John Kennedy Street, Office 740B, 7th Floor, Iris House, Limassol, CYP, 3106
Frontline PLC is an international shipping company engaged in the seaborne transportation of crude oil and oil products. It owns and operates modern fleets in the industry, consisting of VLCCs, Suezmax tankers, LR2, and Aframax tankers, which operate in the spot and time charter markets. The vessels normally trade between the larger refinery centers around the world, such as the Gulf of Mexico, the Middle East, Rotterdam, and Singapore. The company generates the majority of its revenue from voyage and time charters. It has only one reportable segment: tankers.
76GF Score

Get the complete analysis for CHIX:FROO

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

kr399.05
Price
kr252.06
GF Value