Reach Subsea ASA (LTS:0EMB) E10: kr0.25 (As of Jun. 2026)

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LTS:0EMB Reach Subsea ASA LTS:0EMB
84 GF Score
Price kr5.92
GF Value kr6.95
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Reach Subsea ASA E10?

Reach Subsea ASA LTS:0EMB 84 E10 is kr0.25 as of Jun. 2026. GuruFocus rates LTS:0EMB with a GF Score™ of 84/100 and a GF Value™ of kr6.95 (Modestly Undervalued). The stock has 7 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.

Reach Subsea ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was kr0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr0.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Reach Subsea ASA's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 68.70% 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 Reach Subsea ASA was 93.00% per year. The lowest was -50.70% per year. And the median was 68.70% per year.

As of today (2026-08-21), Reach Subsea ASA's current stock price is kr5.92. Reach Subsea ASA's E10 for the quarter that ended in Jun. 2026 was kr0.25. Reach Subsea ASA's Shiller PE Ratio of today is 23.68.

During the past 13 years, the highest Shiller PE Ratio of Reach Subsea ASA was 148.33. The lowest was 0.91. And the median was 32.87.


Reach Subsea ASA  (LTS:0EMB) 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.

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

Shiller PE Ratio=Share Price/E10
=5.92/0.25
=23.68

* 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 Reach Subsea ASA was 148.33. The lowest was 0.91. And the median was 32.87.


Be Aware

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


Reach Subsea ASA E10 Related Terms


Reach Subsea ASA E10 Historical Data

* Premium members only.

The historical data trend for Reach Subsea 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.

Reach Subsea ASA E10 Chart

Reach Subsea 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 -0.02 0.05 0.16 0.20 0.24

Reach Subsea ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.24 0.26 0.24 0.21 0.25

LTS:0EMB vs SLB, BKR, FTI: E10 Comparison

For the Oil & Gas Equipment & Services subindustry, Reach Subsea 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.


Reach Subsea ASA Shiller PE Ratio vs Oil & Gas Industry

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

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


LTS:0EMB
84GF Score
Reach Subsea ASA LTS:0EMB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reach Subsea 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, Reach Subsea ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.41/141.5800*141.5800
=0.410

Current CPI (Jun. 2026) = 141.5800.

Reach Subsea ASA Quarterly Data

per share eps CPI Adj_EPS
201609 -0.080 104.200 -0.109
201612 -0.050 104.400 -0.068
201703 -0.110 105.000 -0.148
201706 -0.080 105.800 -0.107
201709 0.020 105.900 0.027
201712 -0.070 106.100 -0.093
201803 -0.129 107.300 -0.170
201806 0.070 108.500 0.091
201809 0.159 109.500 0.206
201812 -0.027 109.800 -0.035
201903 -0.139 110.400 -0.178
201906 0.030 110.600 0.038
201909 0.030 111.100 0.038
201912 -0.168 111.300 -0.214
202003 -0.219 111.200 -0.279
202006 0.189 112.100 0.239
202009 0.229 112.900 0.287
202012 0.100 112.900 0.125
202103 0.080 114.600 0.099
202106 0.110 115.300 0.135
202109 0.309 117.500 0.372
202112 0.149 118.900 0.177
202203 -0.230 119.800 -0.272
202206 0.180 122.600 0.208
202209 0.230 125.600 0.259
202212 0.060 125.900 0.067
202303 0.010 127.600 0.011
202306 0.340 130.400 0.369
202309 0.260 129.800 0.284
202312 0.180 131.900 0.193
202403 0.020 132.600 0.021
202406 0.300 133.800 0.317
202409 0.300 133.700 0.318
202412 0.070 134.800 0.074
202503 0.170 136.100 0.177
202506 0.220 137.800 0.226
202509 0.120 138.500 0.123
202512 -0.180 139.100 -0.183
202603 -0.580 141.030 -0.582
202606 0.410 141.580 0.410

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 kr0.25 mean?
Reach Subsea ASA (LTS:0EMB) has a E10 of kr0.25 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Reach Subsea ASA and its competitors.
Is Reach Subsea ASA's E10 too high?
Reach Subsea ASA's current E10 is kr0.25. Overall, Reach Subsea ASA has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reach Subsea ASA's E10 compare to SLB and BKR?
Reach Subsea ASA's E10 of kr0.25 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 Reach Subsea ASA and its competitors. Reach Subsea ASA's current E10 is kr0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reach Subsea ASA stock overvalued right now?
Based on GuruFocus' analysis, Reach Subsea ASA (LTS:0EMB) is currently considered Modestly Undervalued. The stock's GF Value™ is kr6.95, compared to a current price of kr5.92 — trading 14.8% below its estimated fair value. The current E10 is kr0.25. Reach Subsea ASA's overall GF Score™ is 84/100 with 7 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 Reach Subsea ASA (LTS:0EMB), the current E10 is kr0.25 as of Jun. 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 Reach Subsea ASA (LTS:0EMB) Overvalued in 2026?

Based on GuruFocus' analysis, Reach Subsea ASA stock appears to be undervalued. The current stock price of kr5.92 is trading 14.8% below its estimated GF Value™ of kr6.95. GuruFocus considers Reach Subsea ASA to be Modestly Undervalued.

Key valuation signals for LTS:0EMB:

  • E10: kr0.25
  • GF Value™: kr6.95 vs. price of kr5.92 (14.8% below fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the LTS:0EMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reach Subsea ASA Business Description

Industry EnergyOil & Gas
Address Mollervegen 6, Haugesund, NOR, 5525
Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment. Geographically, the company has operated multiple regions, including Brazil, the U.S Gulf, the Caribbean, the Atlantic, the Mediterranean, West Africa including Ivory Coast, the Baltic, the Middle East, and the Asia-Pacific region, covering Singapore, Taiwan, Japan, Australia and Oceania.
84GF Score

Get the complete analysis for LTS:0EMB

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

kr5.92
Price
kr6.95
GF Value