GRGSF (Grieg Seafood ASA) E10: $0.33 (As of Dec. 2025)


GRGSF Grieg Seafood ASA GRGSF
69 GF Score
Price $7.97
GF Value $11.48
! 5 Warning Signs
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What is Grieg Seafood ASA E10?

Grieg Seafood ASA GRGSF 69 E10 is $0.33 as of Dec. 2025. GuruFocus rates GRGSF with a GF Score™ of 69/100 and a GF Value™ of $11.48. The stock has 5 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.

Grieg Seafood ASA's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.376. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.33 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Grieg Seafood ASA's average E10 Growth Rate was -17.50% per year. During the past 3 years, the average E10 Growth Rate was -12.00% per year. During the past 5 years, the average E10 Growth Rate was 5.10% 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 Grieg Seafood ASA was 26.50% per year. The lowest was -12.00% per year. And the median was 4.15% per year.

As of today (2026-06-30), Grieg Seafood ASA's current stock price is $7.97. Grieg Seafood ASA's E10 for the quarter that ended in Dec. 2025 was $0.33. Grieg Seafood ASA's Shiller PE Ratio of today is 24.15.

During the past 13 years, the highest Shiller PE Ratio of Grieg Seafood ASA was 37.75. The lowest was 7.09. And the median was 22.17.


Grieg Seafood ASA  (OTCPK:GRGSF) 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.

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

Shiller PE Ratio=Share Price/E10
=7.97/0.33
=24.15

* 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 Grieg Seafood ASA was 37.75. The lowest was 7.09. And the median was 22.17.


Be Aware

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


Grieg Seafood ASA E10 Related Terms


Grieg Seafood ASA E10 Historical Data

* Premium members only.

The historical data trend for Grieg Seafood 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.

Grieg Seafood ASA E10 Chart

Grieg Seafood 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 0.48 0.51 0.61 0.50 0.33

Grieg Seafood ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.50 0.52 0.41 0.37 0.33

GRGSF vs ADM, BG, TSN: E10 Comparison

For the Farm Products subindustry, Grieg Seafood 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.


Grieg Seafood ASA Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grieg Seafood ASA's Shiller PE Ratio distribution charts can be found below:

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


GRGSF
69GF Score
Grieg Seafood ASA GRGSF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Grieg Seafood 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, Grieg Seafood ASA's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.376/139.1000*139.1000
=0.376

Current CPI (Dec. 2025) = 139.1000.

Grieg Seafood ASA Quarterly Data

per share eps CPI Adj_EPS
201603 0.191 102.500 0.259
201606 0.317 103.800 0.425
201609 0.189 104.200 0.252
201612 0.576 104.400 0.767
201703 -0.072 105.000 -0.095
201706 0.259 105.800 0.341
201709 0.211 105.900 0.277
201712 0.233 106.100 0.305
201803 0.259 107.300 0.336
201806 0.182 108.500 0.233
201809 0.243 109.500 0.309
201812 0.385 109.800 0.488
201903 0.265 110.400 0.334
201906 0.147 110.600 0.185
201909 -0.267 111.100 -0.334
201912 0.494 111.300 0.617
202003 -0.400 111.200 -0.500
202006 -0.052 112.100 -0.065
202009 -0.044 112.900 -0.054
202012 0.093 112.900 0.115
202103 0.117 114.600 0.142
202106 0.131 115.300 0.158
202109 0.208 117.500 0.246
202112 0.746 118.900 0.873
202203 0.702 119.800 0.815
202206 0.616 122.600 0.699
202209 -0.243 125.600 -0.269
202212 0.056 125.900 0.062
202303 0.361 127.600 0.394
202306 -0.463 130.400 -0.494
202309 0.121 129.800 0.130
202312 0.464 131.900 0.489
202403 -0.273 132.600 -0.286
202406 -0.716 133.800 -0.744
202409 -0.160 133.700 -0.166
202412 -0.036 134.800 -0.037
202503 -0.272 136.100 -0.278
202506 -0.448 137.800 -0.452
202509 -0.654 138.500 -0.657
202512 0.376 139.100 0.376

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 $0.33 mean?
Grieg Seafood ASA (GRGSF) has a E10 of $0.33 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grieg Seafood ASA and its competitors.
Is Grieg Seafood ASA's E10 too high?
Grieg Seafood ASA's current E10 is $0.33. Overall, Grieg Seafood ASA has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Grieg Seafood ASA's E10 compare to ADM and BG?
Grieg Seafood ASA's E10 of $0.33 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Grieg Seafood ASA and its competitors. Grieg Seafood ASA's current E10 is $0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grieg Seafood ASA stock overvalued right now?
Grieg Seafood ASA (GRGSF) has a current E10 of $0.33. The stock's GF Value™ is $11.48, compared to a current price of $7.97 — trading 30.6% below its estimated fair value. The current E10 is $0.33. Grieg Seafood ASA's overall GF Score™ is 69/100 with 5 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 Grieg Seafood ASA (GRGSF), the current E10 is $0.33 as of Dec. 2025. 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 Grieg Seafood ASA (GRGSF) Overvalued in 2026?

Based on GuruFocus' analysis, Grieg Seafood ASA stock appears to be undervalued. The current stock price of $7.97 is trading 30.6% below its estimated GF Value™ of $11.48.

Key valuation signals for GRGSF:

  • E10: $0.33
  • GF Value™: $11.48 vs. price of $7.97 (30.6% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Grieg Seafood ASA Business Description

Address C. Sundtsgate 17/19, Grieg-Gaarden, Bergen, NOR, 5004
Grieg Seafood ASA is an integrated Norwegian seafood company engaged in farming Atlantic salmon. The company's facilities are located in Finnmark and Rogaland in Norway and British Columbia and Newfoundland in Canada. The product portfolio of the company includes fresh whole fish, freshly processed fish, frozen processed fish, frozen whole fish, and other products.
69GF Score

Get the complete analysis for GRGSF

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

$7.97
Price
$11.48
GF Value