Gjensidige Forsikring ASA (FRA:XGJ0) E10: €1.04 (As of Mar. 2026)


FRA:XGJ0 Gjensidige Forsikring ASA FRA:XGJ0
66 GF Score
Price €23.20
GF Value €20.37
! 3 Warning Signs
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What is Gjensidige Forsikring ASA E10?

Gjensidige Forsikring ASA FRA:XGJ0 66 E10 is €1.04 as of Mar. 2026. GuruFocus rates FRA:XGJ0 with a GF Score™ of 66/100 and a GF Value™ of €20.37. The stock has 3 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.

Gjensidige Forsikring ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.301. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gjensidige Forsikring ASA's average E10 Growth Rate was 4.20% per year. During the past 3 years, the average E10 Growth Rate was 3.10% per year. During the past 5 years, the average E10 Growth Rate was 2.10% 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 Gjensidige Forsikring ASA was 3.40% per year. The lowest was -1.20% per year. And the median was 2.90% per year.

As of today (2026-07-01), Gjensidige Forsikring ASA's current stock price is €23.20. Gjensidige Forsikring ASA's E10 for the quarter that ended in Mar. 2026 was €1.04. Gjensidige Forsikring ASA's Shiller PE Ratio of today is 22.31.

During the past 13 years, the highest Shiller PE Ratio of Gjensidige Forsikring ASA was 25.32. The lowest was 11.62. And the median was 17.48.


Gjensidige Forsikring ASA  (FRA:XGJ0) 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.

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

Shiller PE Ratio=Share Price/E10
=23.20/1.04
=22.31

* 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 Gjensidige Forsikring ASA was 25.32. The lowest was 11.62. And the median was 17.48.


Be Aware

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


Gjensidige Forsikring ASA E10 Related Terms


Gjensidige Forsikring ASA E10 Historical Data

* Premium members only.

The historical data trend for Gjensidige Forsikring 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.

Gjensidige Forsikring ASA E10 Chart

Gjensidige Forsikring 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 0.97 0.93 0.91 0.95

Gjensidige Forsikring 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 1.00 0.98 1.01 0.95 1.04

FRA:XGJ0 vs CB, PGR, TRV: E10 Comparison

For the Insurance - Property & Casualty subindustry, Gjensidige Forsikring 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.


Gjensidige Forsikring ASA Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Gjensidige Forsikring ASA's Shiller PE Ratio distribution charts can be found below:

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


FRA:XGJ0
66GF Score
Gjensidige Forsikring ASA FRA:XGJ0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Gjensidige Forsikring 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, Gjensidige Forsikring 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)
=0.301/139.1000*139.1000
=0.301

Current CPI (Mar. 2026) = 139.1000.

Gjensidige Forsikring ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.279 103.800 0.374
201609 0.254 104.200 0.339
201612 0.242 104.400 0.322
201703 0.244 105.000 0.323
201706 0.230 105.800 0.302
201709 0.282 105.900 0.370
201712 0.203 106.100 0.266
201803 0.112 107.300 0.145
201806 0.212 108.500 0.272
201809 0.182 109.500 0.231
201812 0.265 109.800 0.336
201903 0.573 110.400 0.722
201906 0.275 110.600 0.346
201909 0.201 111.100 0.252
201912 0.293 111.300 0.366
202003 -0.085 111.200 -0.106
202006 0.363 112.100 0.450
202009 0.287 112.900 0.354
202012 0.364 112.900 0.448
202103 0.264 114.600 0.320
202106 0.359 115.300 0.433
202109 0.294 117.500 0.348
202112 0.480 118.900 0.562
202203 0.194 119.800 0.225
202206 0.058 122.600 0.066
202209 0.166 125.600 0.184
202212 0.248 125.900 0.274
202303 0.200 127.600 0.218
202306 0.174 130.400 0.186
202309 0.142 129.800 0.152
202312 0.189 131.900 0.199
202403 0.138 132.600 0.145
202406 0.238 133.800 0.247
202409 0.282 133.700 0.293
202412 0.203 134.800 0.209
202503 0.225 136.100 0.230
202506 0.391 137.800 0.395
202509 0.268 138.500 0.269
202512 0.218 139.100 0.218
202603 0.301 139.100 0.301

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 €1.04 mean?
Gjensidige Forsikring ASA (FRA:XGJ0) has a E10 of €1.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gjensidige Forsikring ASA and its competitors.
Is Gjensidige Forsikring ASA's E10 too high?
Gjensidige Forsikring ASA's current E10 is €1.04. Overall, Gjensidige Forsikring ASA has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Gjensidige Forsikring ASA's E10 compare to CB and PGR?
Gjensidige Forsikring ASA's E10 of €1.04 can be compared against companies in the Insurance 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 Insurance company?
A good E10 depends on the Insurance 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 Gjensidige Forsikring ASA and its competitors. Gjensidige Forsikring ASA's current E10 is €1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gjensidige Forsikring ASA stock overvalued right now?
Gjensidige Forsikring ASA (FRA:XGJ0) has a current E10 of €1.04. The stock's GF Value™ is €20.37, compared to a current price of €23.20 — trading 13.9% above its estimated fair value. The current E10 is €1.04. Gjensidige Forsikring ASA's overall GF Score™ is 66/100 with 3 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 Gjensidige Forsikring ASA (FRA:XGJ0), the current E10 is €1.04 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 Gjensidige Forsikring ASA (FRA:XGJ0) Overvalued in 2026?

Based on GuruFocus' analysis, Gjensidige Forsikring ASA stock appears to be overvalued. The current stock price of €23.20 is trading 13.9% above its estimated GF Value™ of €20.37.

Key valuation signals for FRA:XGJ0:

  • E10: €1.04
  • GF Value™: €20.37 vs. price of €23.20 (13.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the FRA:XGJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gjensidige Forsikring ASA Business Description

Address Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring ASA develops and offers insurance covering customers' security needs and related services, including loss prevention and claims processing. It provides general insurance (property and liability) and accident and health insurance, operating in Norway, Denmark, and Sweden. It has four segments: General Insurance Private, serving individuals in Norway and Denmark; General Insurance Commercial, serving commercial, agricultural, and public sector customers in Norway and Denmark, and earning the majority of revenue; General Insurance Sweden, serving private and commercial markets; and Pension, offering occupational and individual pension products in Norway to enhance customer loyalty. It operates in Norway, Denmark, and Sweden, with maximum revenue coming from Norway.
66GF Score

Get the complete analysis for FRA:XGJ0

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

€23.20
Price
€20.37
GF Value