Bouvet ASA (FRA:BV4) E10: €0.23 (As of Mar. 2026)


FRA:BV4 Bouvet ASA FRA:BV4
84 GF Score
Price €3.69
GF Value €6.04
Valuation Possible Value Trap
! 4 Warning Signs
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What is Bouvet ASA E10?

Bouvet ASA FRA:BV4 -2.25% 84 E10 is €0.23 as of Mar. 2026. GuruFocus rates FRA:BV4 with a GF Score™ of 84/100 and a GF Value™ of €6.04 (Possible Value Trap). 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.

Bouvet ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.083. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bouvet ASA's average E10 Growth Rate was 12.30% per year. During the past 3 years, the average E10 Growth Rate was 16.40% per year. During the past 5 years, the average E10 Growth Rate was 19.00% 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 Bouvet ASA was 21.80% per year. The lowest was 16.40% per year. And the median was 19.70% per year.

As of today (2026-06-28), Bouvet ASA's current stock price is €3.69. Bouvet ASA's E10 for the quarter that ended in Mar. 2026 was €0.23. Bouvet ASA's Shiller PE Ratio of today is 16.04.

During the past 13 years, the highest Shiller PE Ratio of Bouvet ASA was 63.39. The lowest was 15.75. And the median was 34.28.


Bouvet ASA  (FRA:BV4) 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.

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

Shiller PE Ratio=Share Price/E10
=3.69/0.23
=16.04

* 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 Bouvet ASA was 63.39. The lowest was 15.75. And the median was 34.28.


Be Aware

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


Bouvet ASA E10 Related Terms


Bouvet ASA E10 Historical Data

* Premium members only.

The historical data trend for Bouvet 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.

Bouvet ASA E10 Chart

Bouvet 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 0.13 0.16 0.18 0.19 0.22

Bouvet 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 0.21 0.21 0.22 0.22 0.23

FRA:BV4 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Bouvet 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.


Bouvet ASA Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Bouvet ASA's Shiller PE Ratio distribution charts can be found below:

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


FRA:BV4
84GF Score
Bouvet ASA FRA:BV4
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bouvet 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, Bouvet 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)
=0.083/139.1000*139.1000
=0.083

Current CPI (Mar. 2026) = 139.1000.

Bouvet ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.032 103.800 0.043
201609 0.009 104.200 0.012
201612 0.028 104.400 0.037
201703 0.033 105.000 0.044
201706 0.029 105.800 0.038
201709 0.013 105.900 0.017
201712 0.039 106.100 0.051
201803 0.039 107.300 0.051
201806 0.044 108.500 0.056
201809 0.016 109.500 0.020
201812 0.053 109.800 0.067
201903 0.053 110.400 0.067
201906 0.046 110.600 0.058
201909 0.025 111.100 0.031
201912 0.053 111.300 0.066
202003 0.055 111.200 0.069
202006 0.059 112.100 0.073
202009 0.037 112.900 0.046
202012 0.063 112.900 0.078
202103 0.066 114.600 0.080
202106 0.061 115.300 0.074
202109 0.043 117.500 0.051
202112 0.081 118.900 0.095
202203 0.094 119.800 0.109
202206 0.064 122.600 0.073
202209 0.054 125.600 0.060
202212 0.086 125.900 0.095
202303 0.089 127.600 0.097
202306 0.056 130.400 0.060
202309 0.053 129.800 0.057
202312 0.074 131.900 0.078
202403 0.088 132.600 0.092
202406 0.088 133.800 0.091
202409 0.064 133.700 0.067
202412 0.079 134.800 0.082
202503 0.100 136.100 0.102
202506 0.079 137.800 0.080
202509 0.058 138.500 0.058
202512 0.058 139.100 0.058
202603 0.083 139.100 0.083

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 €0.23 mean?
Bouvet ASA (FRA:BV4) has a E10 of €0.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bouvet ASA and its competitors.
Is Bouvet ASA's E10 too high?
Bouvet ASA's current E10 is €0.23. Overall, Bouvet ASA has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bouvet ASA's E10 compare to IBM and ACN?
Bouvet ASA's E10 of €0.23 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Bouvet ASA and its competitors. Bouvet ASA's current E10 is €0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bouvet ASA stock overvalued right now?
Based on GuruFocus' analysis, Bouvet ASA (FRA:BV4) is currently considered Possible Value Trap. The stock's GF Value™ is €6.04, compared to a current price of €3.69 — trading 38.9% below its estimated fair value. The current E10 is €0.23. Bouvet ASA's overall GF Score™ is 84/100 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 Bouvet ASA (FRA:BV4), the current E10 is €0.23 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 Bouvet ASA (FRA:BV4) Overvalued in 2026?

Based on GuruFocus' analysis, Bouvet ASA stock appears to be undervalued. The current stock price of €3.69 is trading 38.9% below its estimated GF Value™ of €6.04. GuruFocus considers Bouvet ASA to be Possible Value Trap.

Key valuation signals for FRA:BV4:

  • E10: €0.23
  • GF Value™: €6.04 vs. price of €3.69 (38.9% below fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the FRA:BV4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bouvet ASA Business Description

Address Sorkedalsveien 8, Oslo, NOR, 0369
Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. The company's geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway.
84GF Score

Get the complete analysis for FRA:BV4

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

€3.69
Price
€6.04
GF Value