Olvi Oyj (OHEL:OLVAS) E10: €2.14 (As of Mar. 2026)


OHEL:OLVAS Olvi Oyj OHEL:OLVAS
98 GF Score
Price €31.85
GF Value €33.86
Valuation Fairly Valued
! 3 Warning Signs
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What is Olvi Oyj E10?

Olvi Oyj OHEL:OLVAS -0.47% 98 E10 is €2.14 as of Mar. 2026. GuruFocus rates OHEL:OLVAS with a GF Score™ of 98/100 and a GF Value™ of €33.86 (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.

Olvi Oyj's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Olvi Oyj's average E10 Growth Rate was 7.00% per year. During the past 3 years, the average E10 Growth Rate was 6.20% per year. During the past 5 years, the average E10 Growth Rate was 5.50% 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 Olvi Oyj was 6.20% per year. The lowest was 2.20% per year. And the median was 3.80% per year.

As of today (2026-07-02), Olvi Oyj's current stock price is €31.85. Olvi Oyj's E10 for the quarter that ended in Mar. 2026 was €2.14. Olvi Oyj's Shiller PE Ratio of today is 14.88.

During the past 13 years, the highest Shiller PE Ratio of Olvi Oyj was 33.21. The lowest was 13.80. And the median was 19.06.


Olvi Oyj  (OHEL:OLVAS) 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.

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

Shiller PE Ratio=Share Price/E10
=31.85/2.14
=14.88

* 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 Olvi Oyj was 33.21. The lowest was 13.80. And the median was 19.06.


Be Aware

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


Olvi Oyj E10 Related Terms


Olvi Oyj E10 Historical Data

* Premium members only.

The historical data trend for Olvi 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.

Olvi Oyj E10 Chart

Olvi 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 1.72 1.78 1.83 1.95 2.13

Olvi 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 2.00 2.03 2.08 2.13 2.14

OHEL:OLVAS vs BUD, STZ, TAP: E10 Comparison

For the Beverages - Brewers subindustry, Olvi 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.


Olvi Oyj Shiller PE Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Olvi Oyj's Shiller PE Ratio distribution charts can be found below:

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


OHEL:OLVAS
98GF Score
Olvi Oyj OHEL:OLVAS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Olvi 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, Olvi 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)
=0.28/122.6700*122.6700
=0.280

Current CPI (Mar. 2026) = 122.6700.

Olvi Oyj Quarterly Data

per share eps CPI Adj_EPS
201606 0.560 100.390 0.684
201609 0.640 100.540 0.781
201612 0.230 101.020 0.279
201703 0.260 100.910 0.316
201706 0.670 101.140 0.813
201709 0.610 101.320 0.739
201712 0.190 101.510 0.230
201803 0.270 101.730 0.326
201806 0.680 102.320 0.815
201809 0.770 102.600 0.921
201812 0.250 102.710 0.299
201903 0.250 102.870 0.298
201906 0.620 103.360 0.736
201909 0.820 103.540 0.972
201912 0.330 103.650 0.391
202003 0.260 103.490 0.308
202006 0.690 103.320 0.819
202009 0.870 103.710 1.029
202012 0.140 103.890 0.165
202103 0.330 104.870 0.386
202106 0.710 105.360 0.827
202109 0.230 106.290 0.265
202112 0.271 107.490 0.309
202203 0.260 110.950 0.287
202206 0.920 113.570 0.994
202209 1.010 114.920 1.078
202212 -1.800 117.320 -1.882
202303 -0.350 119.750 -0.359
202306 1.100 120.690 1.118
202309 0.800 121.280 0.809
202312 0.310 121.540 0.313
202403 0.430 122.360 0.431
202406 1.080 122.230 1.084
202409 1.120 122.260 1.124
202412 0.360 122.390 0.361
202503 0.460 123.010 0.459
202506 0.830 122.530 0.831
202509 0.980 122.880 0.978
202512 0.820 122.670 0.820
202603 0.280 122.670 0.280

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 €2.14 mean?
Olvi Oyj (OHEL:OLVAS) has a E10 of €2.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Olvi Oyj and its competitors.
Is Olvi Oyj's E10 too high?
Olvi Oyj's current E10 is €2.14. Overall, Olvi Oyj has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Olvi Oyj's E10 compare to BUD and STZ?
Olvi Oyj's E10 of €2.14 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good E10 depends on the Beverages - Alcoholic 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 Olvi Oyj and its competitors. Olvi Oyj's current E10 is €2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olvi Oyj stock overvalued right now?
Based on GuruFocus' analysis, Olvi Oyj (OHEL:OLVAS) is currently considered Fairly Valued. The stock's GF Value™ is €33.86, compared to a current price of €31.85 — trading 5.9% below its estimated fair value. The current E10 is €2.14. Olvi Oyj's overall GF Score™ is 98/100 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 Olvi Oyj (OHEL:OLVAS), the current E10 is €2.14 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 Olvi Oyj (OHEL:OLVAS) Overvalued in 2026?

Based on GuruFocus' analysis, Olvi Oyj stock appears to be undervalued. The current stock price of €31.85 is trading 5.9% below its estimated GF Value™ of €33.86. GuruFocus considers Olvi Oyj to be Fairly Valued.

Key valuation signals for OHEL:OLVAS:

  • E10: €2.14
  • GF Value™: €33.86 vs. price of €31.85 (5.9% below fair value)
  • GF Score™: 98/100 with 3 warning signs

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


Olvi Oyj Business Description

Other Exchanges 0FHS:UKOVI:Germany
Address Olvitie I-IV, Iisalmi, FIN, 74100
Olvi Oyj is an international beverage group that produces alcoholic and nonalcoholic products in several categories. Its product portfolio includes beers, waters, ciders, long drinks, soft drinks, wines, juices, sports drinks, wellness drinks, energy drinks, and distillates. These products are offered under brands like A.Le Coq, Sandels, and OLVI, among others. Olvi generates the majority of its revenue from the sale of beers. The Group's operations are divided into three segments based on the geographical markets in which it operates, including Finland, the Baltic Sea region, and Belarus. The majority of its revenue is generated from the Baltic Sea region.
98GF Score

Get the complete analysis for OHEL:OLVAS

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

€31.85
Price
€33.86
GF Value