Oshkosh (FRA:OK3) E10: €6.21 (As of Mar. 2026)


FRA:OK3 Oshkosh Corp FRA:OK3
88 GF Score
Price €129.65
GF Value €103.13
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Oshkosh E10?

Oshkosh FRA:OK3 +3.06% 88 E10 is €6.21 as of Mar. 2026. GuruFocus rates FRA:OK3 with a GF Score™ of 88/100 and a GF Value™ of €103.13 (Modestly Overvalued). 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.

Oshkosh's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.588. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Oshkosh's average E10 Growth Rate was 11.20% per year. During the past 3 years, the average E10 Growth Rate was 12.30% per year. During the past 5 years, the average E10 Growth Rate was 10.70% per year. During the past 10 years, the average E10 Growth Rate was 17.40% 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 Oshkosh was 107.50% per year. The lowest was -50.00% per year. And the median was 19.30% per year.

As of today (2026-06-28), Oshkosh's current stock price is €129.65. Oshkosh's E10 for the quarter that ended in Mar. 2026 was €6.21. Oshkosh's Shiller PE Ratio of today is 20.88.

During the past 13 years, the highest Shiller PE Ratio of Oshkosh was 54.07. The lowest was 10.52. And the median was 18.96.


Oshkosh  (FRA:OK3) 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.

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

Shiller PE Ratio=Share Price/E10
=129.65/6.21
=20.88

* 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 Oshkosh was 54.07. The lowest was 10.52. And the median was 18.96.


Be Aware

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


Oshkosh E10 Related Terms


Oshkosh E10 Historical Data

* Premium members only.

The historical data trend for Oshkosh'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.

Oshkosh E10 Chart

Oshkosh Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.41 4.89 5.33 6.27 6.40

Oshkosh 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 6.13 5.99 6.12 6.40 6.21

FRA:OK3 vs AGCO, TEX, FSS: E10 Comparison

For the Farm & Heavy Construction Machinery subindustry, Oshkosh'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.


Oshkosh Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Oshkosh's Shiller PE Ratio distribution charts can be found below:

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


FRA:OK3
88GF Score
Oshkosh Corp FRA:OK3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oshkosh 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, Oshkosh'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)
=0.588/330.2130*330.2130
=0.588

Current CPI (Mar. 2026) = 330.2130.

Oshkosh Quarterly Data

per share eps CPI Adj_EPS
201606 1.006 241.018 1.378
201609 0.731 241.428 1.000
201612 0.246 241.432 0.336
201703 0.542 243.801 0.734
201706 1.504 244.955 2.027
201709 1.032 246.819 1.381
201712 0.625 246.524 0.837
201803 1.192 249.554 1.577
201806 1.755 251.989 2.300
201809 1.757 252.439 2.298
201812 1.327 251.233 1.744
201903 1.611 254.202 2.093
201906 2.407 256.143 3.103
201909 1.970 256.759 2.534
201912 0.990 256.974 1.272
202003 0.896 258.115 1.146
202006 1.039 257.797 1.331
202009 1.240 260.280 1.573
202012 0.830 260.474 1.052
202103 1.210 264.877 1.508
202106 2.548 271.696 3.097
202109 1.105 274.310 1.330
202112 0.080 278.802 0.095
202203 -0.027 287.504 -0.031
202206 0.388 296.311 0.432
202209 0.909 296.808 1.011
202212 1.076 296.797 1.197
202303 1.252 301.836 1.370
202306 2.464 305.109 2.667
202309 2.614 307.789 2.804
202312 2.091 306.746 2.251
202403 2.493 312.332 2.636
202406 2.378 314.175 2.499
202409 2.478 315.301 2.595
202412 2.225 315.605 2.328
202503 1.591 319.799 1.643
202506 2.740 322.561 2.805
202509 2.590 324.800 2.633
202512 1.793 324.054 1.827
202603 0.588 330.213 0.588

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 €6.21 mean?
Oshkosh (FRA:OK3) has a E10 of €6.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Oshkosh and its competitors.
Is Oshkosh's E10 too high?
Oshkosh's current E10 is €6.21. Overall, Oshkosh has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oshkosh's E10 compare to AGCO and TEX?
Oshkosh's E10 of €6.21 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good E10 depends on the Farm & Heavy Construction Machinery 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 Oshkosh and its competitors. Oshkosh's current E10 is €6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oshkosh stock overvalued right now?
Based on GuruFocus' analysis, Oshkosh (FRA:OK3) is currently considered Modestly Overvalued. The stock's GF Value™ is €103.13, compared to a current price of €129.65 — trading 25.7% above its estimated fair value. The current E10 is €6.21. Oshkosh's overall GF Score™ is 88/100 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 Oshkosh (FRA:OK3), the current E10 is €6.21 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 Oshkosh (FRA:OK3) Overvalued in 2026?

Based on GuruFocus' analysis, Oshkosh stock appears to be overvalued. The current stock price of €129.65 is trading 25.7% above its estimated GF Value™ of €103.13. GuruFocus considers Oshkosh to be Modestly Overvalued.

Key valuation signals for FRA:OK3:

  • E10: €6.21
  • GF Value™: €103.13 vs. price of €129.65 (25.7% above fair value)
  • GF Score™: 88/100 with 6 warning signs

No single metric tells the full story. See the FRA:OK3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oshkosh Business Description

Other Exchanges OSK:USA0KDI:UKOK3:Germany
Address 1917 Four Wheel Drive, Oshkosh, WI, USA, 54902
Oshkosh is a leading maker of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, including postal, firefighting, refuse/recycling collection, aviation, and construction. It is typically the market share leader or No. 2 player in North America, or even the global leader in the case of its JLG aerial work platform business. The transport segment is a leading provider of light trucks to the military and vehicles to the Postal Service. The vocational segment, featuring brands such as Pierce, AeroTech, and Volterra, offers purpose-built vehicles and equipment to municipalities. The company reports three segments—Access equipment (45% of revenue), Vocational (35%), and Transport (20%) on 2025 revenue of $10.4 billion.
88GF Score

Get the complete analysis for FRA:OK3

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

€129.65
Price
€103.13
GF Value