Elecster Oyj (OHEL:ELEAV) E10: €0.43 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OHEL:ELEAV Elecster Oyj OHEL:ELEAV
70 GF Score
Price €2.82
GF Value €3.08
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Elecster Oyj E10?

Elecster Oyj OHEL:ELEAV 70 E10 is €0.43 as of Mar. 2026. GuruFocus rates OHEL:ELEAV with a GF Score™ of 70/100 and a GF Value™ of €3.08 (Fairly Valued). 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.

Elecster Oyj's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Elecster Oyj's average E10 Growth Rate was -20.40% per year. During the past 3 years, the average E10 Growth Rate was -13.50% per year. During the past 5 years, the average E10 Growth Rate was -6.90% 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 Elecster Oyj was 4.10% per year. The lowest was -13.50% per year. And the median was -1.00% per year.

As of today (2026-07-22), Elecster Oyj's current stock price is €2.82. Elecster Oyj's E10 for the quarter that ended in Mar. 2026 was €0.43. Elecster Oyj's Shiller PE Ratio of today is 6.56.

During the past 13 years, the highest Shiller PE Ratio of Elecster Oyj was 17.12. The lowest was 4.90. And the median was 8.98.


Elecster Oyj  (OHEL:ELEAV) 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.

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

Shiller PE Ratio=Share Price/E10
=2.82/0.43
=6.56

* 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 Elecster Oyj was 17.12. The lowest was 4.90. And the median was 8.98.


Be Aware

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


Elecster Oyj E10 Related Terms


Elecster Oyj E10 Historical Data

* Premium members only.

The historical data trend for Elecster Oyj'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.

Elecster Oyj E10 Chart

Elecster Oyj 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 0.69 0.71 0.64 0.57 0.46

Elecster Oyj 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 0.54 0.51 0.47 0.46 0.43

OHEL:ELEAV vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Elecster Oyj'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.


Elecster Oyj Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elecster Oyj's Shiller PE Ratio distribution charts can be found below:

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


OHEL:ELEAV
70GF Score
Elecster Oyj OHEL:ELEAV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elecster Oyj 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, Elecster Oyj'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)
=-0.14/124.6700*124.6700
=-0.140

Current CPI (Mar. 2026) = 124.6700.

Elecster Oyj Quarterly Data

per share eps CPI Adj_EPS
201606 0.290 100.390 0.360
201609 0.170 100.540 0.211
201612 0.200 101.020 0.247
201703 0.170 100.910 0.210
201706 0.230 101.140 0.284
201709 0.170 101.320 0.209
201712 0.087 101.510 0.107
201803 0.130 101.730 0.159
201806 0.160 102.320 0.195
201809 0.190 102.600 0.231
201812 0.190 102.710 0.231
201903 0.040 102.870 0.048
201906 0.100 103.360 0.121
201909 0.130 103.540 0.157
201912 -0.010 103.650 -0.012
202003 0.260 103.490 0.313
202006 0.190 103.320 0.229
202009 0.270 103.710 0.325
202012 0.010 103.890 0.012
202103 0.090 104.870 0.107
202106 -0.110 105.360 -0.130
202109 0.200 106.290 0.235
202112 0.510 107.490 0.592
202203 0.070 110.950 0.079
202206 0.060 113.570 0.066
202209 0.290 114.920 0.315
202212 -0.110 117.320 -0.117
202303 -0.110 119.750 -0.115
202306 0.060 120.690 0.062
202309 0.110 121.280 0.113
202312 -0.360 121.540 -0.369
202403 0.170 122.360 0.173
202406 0.190 122.230 0.194
202409 0.030 122.260 0.031
202412 -0.320 122.390 -0.326
202503 -0.140 123.010 -0.142
202506 0.020 122.530 0.020
202509 -0.080 122.880 -0.081
202512 0.117 122.670 0.119
202603 -0.140 124.670 -0.140

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 €0.43 mean?
Elecster Oyj (OHEL:ELEAV) has a E10 of €0.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Elecster Oyj and its competitors.
Is Elecster Oyj's E10 too high?
Elecster Oyj's current E10 is €0.43. Overall, Elecster Oyj has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elecster Oyj's E10 compare to GEV and ETN?
Elecster Oyj's E10 of €0.43 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Elecster Oyj and its competitors. Elecster Oyj's current E10 is €0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecster Oyj stock overvalued right now?
Based on GuruFocus' analysis, Elecster Oyj (OHEL:ELEAV) is currently considered Fairly Valued. The stock's GF Value™ is €3.08, compared to a current price of €2.82 — trading 8.4% below its estimated fair value. The current E10 is €0.43. Elecster Oyj's overall GF Score™ is 70/100 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 Elecster Oyj (OHEL:ELEAV), the current E10 is €0.43 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 Elecster Oyj (OHEL:ELEAV) Overvalued in 2026?

Based on GuruFocus' analysis, Elecster Oyj stock appears to be undervalued. The current stock price of €2.82 is trading 8.4% below its estimated GF Value™ of €3.08. GuruFocus considers Elecster Oyj to be Fairly Valued.

Key valuation signals for OHEL:ELEAV:

  • E10: €0.43
  • GF Value™: €3.08 vs. price of €2.82 (8.4% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Elecster Oyj Business Description

Address Sontulantie 382, PL 39, Akaa, FIN, 37801
Elecster Oyj operates as an engineering and manufacturer of dairy machinery and packaging material. It is involved in the supply of product such as ultra-high temperature lines, sterilizers, aseptic, extended shelf life, and pasteurized pouch filling machines, autopackers and related economical and ecological packaging materials. Geographically, the activities are operated through Finland and it also owns packaging material production lines in Finland.
70GF Score

Get the complete analysis for OHEL:ELEAV

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

€2.82
Price
€3.08
GF Value