DHT (DHT Holdings) E10: $0.69 (As of Mar. 2026)


DHT DHT Holdings Inc DHT
55 GF Score
Price $19.39
GF Value $11.97
Valuation Significantly Overvalued
! 4 Warning Signs
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What is DHT Holdings E10?

DHT Holdings DHT -2.86% 55 E10 is $0.69 as of Mar. 2026. GuruFocus rates DHT with a GF Score™ of 55/100 and a GF Value™ of $11.97 (Significantly Overvalued). 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.

DHT Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $1.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, DHT Holdings's average E10 Growth Rate was 13.10% per year. During the past 3 years, the average E10 Growth Rate was 26.00% 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 DHT Holdings was 26.00% per year. The lowest was -37.60% per year. And the median was 18.10% per year.

As of today (2026-06-25), DHT Holdings's current stock price is $19.39. DHT Holdings's E10 for the quarter that ended in Mar. 2026 was $0.69. DHT Holdings's Shiller PE Ratio of today is 28.10.

During the past 13 years, the highest Shiller PE Ratio of DHT Holdings was 47.55. The lowest was 1.33. And the median was 18.40.


DHT Holdings  (NYSE:DHT) 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.

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

Shiller PE Ratio=Share Price/E10
=19.39/0.69
=28.10

* 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 DHT Holdings was 47.55. The lowest was 1.33. And the median was 18.40.


Be Aware

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


DHT Holdings E10 Related Terms


DHT Holdings E10 Historical Data

* Premium members only.

The historical data trend for DHT Holdings'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.

DHT Holdings E10 Chart

DHT Holdings 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 -0.34 0.31 0.49 0.61 0.62

DHT Holdings 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 0.61 0.62 0.62 0.62 0.69

DHT vs TNK, NGL, SUNC: E10 Comparison

For the Oil & Gas Midstream subindustry, DHT Holdings'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.


DHT Holdings Shiller PE Ratio vs Oil & Gas Industry

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

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


DHT
55GF Score
DHT Holdings Inc DHT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHT Holdings 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, DHT Holdings'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)
=1.02/330.2130*330.2130
=1.020

Current CPI (Mar. 2026) = 330.2130.

DHT Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.340 241.018 0.466
201609 -0.810 241.428 -1.108
201612 0.180 241.432 0.246
201703 0.150 243.801 0.203
201706 0.040 244.955 0.054
201709 -0.040 246.819 -0.054
201712 -0.050 246.524 -0.067
201803 -0.060 249.554 -0.079
201806 -0.200 251.989 -0.262
201809 -0.150 252.439 -0.196
201812 0.080 251.233 0.105
201903 0.120 254.202 0.156
201906 -0.070 256.143 -0.090
201909 -0.070 256.759 -0.090
201912 0.470 256.974 0.604
202003 0.440 258.115 0.563
202006 0.810 257.797 1.038
202009 0.310 260.280 0.393
202012 0.040 260.474 0.051
202103 0.070 264.877 0.087
202106 0.005 271.696 0.006
202109 -0.130 274.310 -0.156
202112 -0.020 278.802 -0.024
202203 -0.100 287.504 -0.115
202206 0.060 296.311 0.067
202209 0.040 296.808 0.045
202212 0.380 296.797 0.423
202303 0.230 301.836 0.252
202306 0.350 305.109 0.379
202309 0.190 307.789 0.204
202312 0.220 306.746 0.237
202403 0.290 312.332 0.307
202406 0.270 314.175 0.284
202409 0.220 315.301 0.230
202412 0.340 315.605 0.356
202503 0.270 319.799 0.279
202506 0.350 322.561 0.358
202509 0.280 324.800 0.285
202512 0.410 324.054 0.418
202603 1.020 330.213 1.020

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 $0.69 mean?
DHT Holdings (DHT) has a E10 of $0.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DHT Holdings and its competitors.
Is DHT Holdings' E10 too high?
DHT Holdings' current E10 is $0.69. Overall, DHT Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' E10 compare to TNK and NGL?
DHT Holdings' E10 of $0.69 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 DHT Holdings and its competitors. DHT Holdings's current E10 is $0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (DHT) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.97, compared to a current price of $19.39 — trading 62% above its estimated fair value. The current E10 is $0.69. DHT Holdings' overall GF Score™ is 55/100 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 DHT Holdings (DHT), the current E10 is $0.69 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 DHT Holdings (DHT) Overvalued in 2026?

Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued. The current stock price of $19.39 is trading 62% above its estimated GF Value™ of $11.97. GuruFocus considers DHT Holdings to be Significantly Overvalued.

Key valuation signals for DHT:

  • E10: $0.69
  • GF Value™: $11.97 vs. price of $19.39 (62% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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


DHT Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges DHTN:MexicoD8EN:Germany
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
55GF Score

Get the complete analysis for DHT

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

$19.39
Price
$11.97
GF Value