Odfjell Drilling (FRA:OD3) E10: €0.37 (As of Mar. 2026)


FRA:OD3 Odfjell Drilling Ltd FRA:OD3
76 GF Score
Price €7.49
GF Value €6.38
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Odfjell Drilling E10?

Odfjell Drilling FRA:OD3 -1.06% 76 E10 is €0.37 as of Mar. 2026. GuruFocus rates FRA:OD3 with a GF Score™ of 76/100 and a GF Value™ of €6.38 (Modestly 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.

Odfjell Drilling's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.259. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Odfjell Drilling's average E10 Growth Rate was 80.80% per year. During the past 3 years, the average E10 Growth Rate was 43.00% 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 Odfjell Drilling was 43.00% per year. The lowest was 35.50% per year. And the median was 39.25% per year.

As of today (2026-06-27), Odfjell Drilling's current stock price is €7.49. Odfjell Drilling's E10 for the quarter that ended in Mar. 2026 was €0.37. Odfjell Drilling's Shiller PE Ratio of today is 20.24.

During the past 13 years, the highest Shiller PE Ratio of Odfjell Drilling was 31.31. The lowest was 16.93. And the median was 23.18.


Odfjell Drilling  (FRA:OD3) 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.

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

Shiller PE Ratio=Share Price/E10
=7.49/0.37
=20.24

* 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 Odfjell Drilling was 31.31. The lowest was 16.93. And the median was 23.18.


Be Aware

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


Odfjell Drilling E10 Related Terms


Odfjell Drilling E10 Historical Data

* Premium members only.

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling E10 Chart

Odfjell Drilling 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 0.08 0.11 0.17 0.18 0.30

Odfjell Drilling 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 0.20 0.22 0.32 0.30 0.37

FRA:OD3 vs NE, RIG, VAL: E10 Comparison

For the Oil & Gas Drilling subindustry, Odfjell Drilling'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.


Odfjell Drilling Shiller PE Ratio vs Oil & Gas Industry

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

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


FRA:OD3
76GF Score
Odfjell Drilling Ltd FRA:OD3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Odfjell Drilling 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, Odfjell Drilling'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)
=0.259/140.8000*140.8000
=0.259

Current CPI (Mar. 2026) = 140.8000.

Odfjell Drilling Quarterly Data

per share eps CPI Adj_EPS
201606 0.036 101.000 0.050
201609 0.098 101.500 0.136
201612 -0.360 102.200 -0.496
201703 -0.037 102.700 -0.051
201706 0.053 103.500 0.072
201709 0.076 104.300 0.103
201712 0.059 105.000 0.079
201803 -0.024 105.100 -0.032
201806 0.026 105.900 0.035
201809 0.026 106.600 0.034
201812 0.062 107.100 0.082
201903 0.027 107.000 0.036
201906 -0.009 107.900 -0.012
201909 0.073 108.400 0.095
201912 0.035 108.500 0.045
202003 0.081 108.600 0.105
202006 -0.036 108.800 -0.047
202009 0.059 109.200 0.076
202012 0.371 109.400 0.477
202103 -0.042 109.700 -0.054
202106 0.091 111.400 0.115
202109 0.102 112.400 0.128
202112 0.096 114.700 0.118
202203 0.245 116.500 0.296
202206 0.076 120.500 0.089
202209 0.040 122.300 0.046
202212 0.106 125.300 0.119
202303 0.009 126.800 0.010
202306 0.046 129.400 0.050
202309 0.731 130.100 0.791
202312 0.092 130.500 0.099
202403 0.055 131.600 0.059
202406 0.065 133.000 0.069
202409 0.072 133.500 0.076
202412 0.057 135.100 0.059
202503 0.120 136.100 0.124
202506 0.147 138.400 0.150
202509 0.196 138.900 0.199
202512 0.162 139.900 0.163
202603 0.259 140.800 0.259

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 €0.37 mean?
Odfjell Drilling (FRA:OD3) has a E10 of €0.37 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Odfjell Drilling and its competitors.
Is Odfjell Drilling's E10 too high?
Odfjell Drilling's current E10 is €0.37. Overall, Odfjell Drilling has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's E10 compare to NE and RIG?
Odfjell Drilling's E10 of €0.37 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 Odfjell Drilling and its competitors. Odfjell Drilling's current E10 is €0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (FRA:OD3) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.38, compared to a current price of €7.49 — trading 17.4% above its estimated fair value. The current E10 is €0.37. Odfjell Drilling's overall GF Score™ is 76/100 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 Odfjell Drilling (FRA:OD3), the current E10 is €0.37 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 Odfjell Drilling (FRA:OD3) Overvalued in 2026?

Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued. The current stock price of €7.49 is trading 17.4% above its estimated GF Value™ of €6.38. GuruFocus considers Odfjell Drilling to be Modestly Overvalued.

Key valuation signals for FRA:OD3:

  • E10: €0.37
  • GF Value™: €6.38 vs. price of €7.49 (17.4% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the FRA:OD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Odfjell Drilling Business Description

Industry EnergyOil & Gas
Address Lower Ground Floor, Prime View, Prime Four Business Park, Kingswells, Aberdeen, Scotland, GBR, AB15 8PU
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
76GF Score

Get the complete analysis for FRA:OD3

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

€7.49
Price
€6.38
GF Value