Multiconsult ASA (CHIX:MULTIO) E10: kr11.69 (As of Mar. 2026)


CHIX:MULTIO Multiconsult ASA CHIX:MULTIO
87 GF Score
Price kr203.50
GF Value kr244.20
! 6 Warning Signs
View Full Analysis

What is Multiconsult ASA E10?

Multiconsult ASA CHIX:MULTIO 87 E10 is kr11.69 as of Mar. 2026. GuruFocus rates CHIX:MULTIO with a GF Score™ of 87/100 and a GF Value™ of kr244.20. The stock has 6 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.

Multiconsult ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was kr3.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr11.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Multiconsult ASA's average E10 Growth Rate was 3.80% 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.

As of today (2026-06-25), Multiconsult ASA's current stock price is kr203.50. Multiconsult ASA's E10 for the quarter that ended in Mar. 2026 was kr11.69. Multiconsult ASA's Shiller PE Ratio of today is 17.41.

During the past 13 years, the highest Shiller PE Ratio of Multiconsult ASA was 23.60. The lowest was 15.81. And the median was 19.11.


Multiconsult ASA  (CHIX:MULTIo) 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.

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

Shiller PE Ratio=Share Price/E10
=203.50/11.69
=17.41

* 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 Multiconsult ASA was 23.60. The lowest was 15.81. And the median was 19.11.


Be Aware

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


Multiconsult ASA E10 Related Terms


Multiconsult ASA E10 Historical Data

* Premium members only.

The historical data trend for Multiconsult 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.

Multiconsult ASA E10 Chart

Multiconsult 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 0.00 0.00 9.09 6.35 10.52

Multiconsult ASA 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 10.03 8.95 10.62 10.52 11.69

CHIX:MULTIO vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Multiconsult 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.


Multiconsult ASA Shiller PE Ratio vs Construction Industry

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

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


CHIX:MULTIO
87GF Score
Multiconsult ASA CHIX:MULTIO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Multiconsult 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, Multiconsult ASA'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)
=3.99/139.1000*139.1000
=3.990

Current CPI (Mar. 2026) = 139.1000.

Multiconsult ASA Quarterly Data

per share eps CPI Adj_EPS
201606 2.410 103.800 3.230
201609 0.930 104.200 1.241
201612 3.450 104.400 4.597
201703 2.750 105.000 3.643
201706 0.420 105.800 0.552
201709 0.290 105.900 0.381
201712 -0.450 106.100 -0.590
201803 0.940 107.300 1.219
201806 1.370 108.500 1.756
201809 -0.020 109.500 -0.025
201812 0.070 109.800 0.089
201903 2.190 110.400 2.759
201906 -0.810 110.600 -1.019
201909 0.290 111.100 0.363
201912 -0.360 111.300 -0.450
202003 3.120 111.200 3.903
202006 2.440 112.100 3.028
202009 1.360 112.900 1.676
202012 2.330 112.900 2.871
202103 2.470 114.600 2.998
202106 2.900 115.300 3.499
202109 1.010 117.500 1.196
202112 2.300 118.900 2.691
202203 4.440 119.800 5.155
202206 2.110 122.600 2.394
202209 1.750 125.600 1.938
202212 2.760 125.900 3.049
202303 5.760 127.600 6.279
202306 1.300 130.400 1.387
202309 0.400 129.800 0.429
202312 4.100 131.900 4.324
202403 3.520 132.600 3.693
202406 5.360 133.800 5.572
202409 2.950 133.700 3.069
202412 3.280 134.800 3.385
202503 4.860 136.100 4.967
202506 1.450 137.800 1.464
202509 1.410 138.500 1.416
202512 1.480 139.100 1.480
202603 3.990 139.100 3.990

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 kr11.69 mean?
Multiconsult ASA (CHIX:MULTIO) has a E10 of kr11.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Multiconsult ASA and its competitors.
Is Multiconsult ASA's E10 too high?
Multiconsult ASA's current E10 is kr11.69. Overall, Multiconsult ASA has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Multiconsult ASA's E10 compare to PWR and FIX?
Multiconsult ASA's E10 of kr11.69 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 Multiconsult ASA and its competitors. Multiconsult ASA's current E10 is kr11.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multiconsult ASA stock overvalued right now?
Multiconsult ASA (CHIX:MULTIO) has a current E10 of kr11.69. The stock's GF Value™ is kr244.20, compared to a current price of kr203.50 — trading 16.7% below its estimated fair value. The current E10 is kr11.69. Multiconsult ASA's overall GF Score™ is 87/100 with 6 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 Multiconsult ASA (CHIX:MULTIO), the current E10 is kr11.69 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 Multiconsult ASA (CHIX:MULTIO) Overvalued in 2026?

Based on GuruFocus' analysis, Multiconsult ASA stock appears to be undervalued. The current stock price of kr203.50 is trading 16.7% below its estimated GF Value™ of kr244.20.

Key valuation signals for CHIX:MULTIO:

  • E10: kr11.69
  • GF Value™: kr244.20 vs. price of kr203.50 (16.7% below fair value)
  • GF Score™: 87/100 with 6 warning signs

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


Multiconsult ASA Business Description

Address Nedre Skoyen vei 2, Oslo, NOR, 0276
Multiconsult ASA is a specialist in engineering design, consultancy, and architecture services, providing multidisciplinary consultancy, design, planning, project supervision, project management, geotechnical site surveys, verification, and controls in Norway and abroad, with engineering services in Norway, Sweden, and Poland, and architecture services in Scandinavian countries. The group operates through three segments: Norway, which contributes maximum revenue and provides consulting engineering services; Architecture, comprising LINK Arkitektur and A-lab; and International, comprising Multiconsult Polska and Iterio. Its operations cover four business areas: Building & Properties, Mobility & Transportation, Energy & Industry, and Water & Environment.
87GF Score

Get the complete analysis for CHIX:MULTIO

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

kr203.50
Price
kr244.20
GF Value