OILRF (Oil Refineries) E10: $0.07 (As of Mar. 2026)


OILRF Oil Refineries Ltd OILRF
44 GF Score
Price $0.45
GF Value $0.29
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Oil Refineries E10?

Oil Refineries OILRF 44 E10 is $0.07 as of Mar. 2026. GuruFocus rates OILRF with a GF Score™ of 44/100 and a GF Value™ of $0.29 (Significantly Overvalued). The stock has 4 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.

Oil Refineries's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Oil Refineries's average E10 Growth Rate was -5.00% per year. During the past 3 years, the average E10 Growth Rate was 20.00% per year. During the past 5 years, the average E10 Growth Rate was 78.00% 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 Oil Refineries was 162.10% per year. The lowest was 20.00% per year. And the median was 73.80% per year.

As of today (2026-06-25), Oil Refineries's current stock price is $0.451. Oil Refineries's E10 for the quarter that ended in Mar. 2026 was $0.07. Oil Refineries's Shiller PE Ratio of today is 6.44.

During the past 13 years, the highest Shiller PE Ratio of Oil Refineries was 82.00. The lowest was 4.25. And the median was 8.07.


Oil Refineries  (OTCPK:OILRF) 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.

Oil Refineries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.451/0.07
=6.44

* 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 Oil Refineries was 82.00. The lowest was 4.25. And the median was 8.07.


Be Aware

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


Oil Refineries E10 Related Terms


Oil Refineries E10 Historical Data

* Premium members only.

The historical data trend for Oil Refineries'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.

Oil Refineries E10 Chart

Oil Refineries 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 0.01 0.03 0.05 0.06 0.06

Oil Refineries 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 0.06 0.06 0.04 0.06 0.07

OILRF vs VLO, MPC, PSX: E10 Comparison

For the Oil & Gas Refining & Marketing subindustry, Oil Refineries'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.


Oil Refineries Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Oil Refineries's Shiller PE Ratio falls into.


OILRF
44GF Score
Oil Refineries Ltd OILRF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oil Refineries 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, Oil Refineries'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)
=-0.003/330.2130*330.2130
=-0.003

Current CPI (Mar. 2026) = 330.2130.

Oil Refineries Quarterly Data

per share eps CPI Adj_EPS
201606 0.027 241.018 0.037
201609 0.000 241.428 0.000
201612 0.013 241.432 0.018
201703 0.006 243.801 0.008
201706 0.023 244.955 0.031
201709 0.029 246.819 0.039
201712 0.025 246.524 0.033
201803 0.023 249.554 0.030
201806 0.030 251.989 0.039
201809 0.005 252.439 0.007
201812 0.000 251.233 0.000
201903 0.020 254.202 0.026
201906 0.009 256.143 0.012
201909 0.002 256.759 0.003
201912 0.000 256.974 0.000
202003 -0.045 258.115 -0.058
202006 -0.003 257.797 -0.004
202009 -0.016 260.280 -0.020
202012 -0.022 260.474 -0.028
202103 0.017 264.877 0.021
202106 0.022 271.696 0.027
202109 0.013 274.310 0.016
202112 0.028 278.802 0.033
202203 -0.006 287.504 -0.007
202206 0.019 296.311 0.021
202209 0.086 296.808 0.096
202212 0.038 296.797 0.042
202303 0.064 301.836 0.070
202306 0.018 305.109 0.019
202309 0.036 307.789 0.039
202312 0.010 306.746 0.011
202403 0.016 312.332 0.017
202406 0.020 314.175 0.021
202409 -0.005 315.301 -0.005
202412 0.006 315.605 0.006
202503 -0.010 319.799 -0.010
202506 -0.012 322.561 -0.012
202509 0.015 324.800 0.015
202512 0.022 324.054 0.022
202603 -0.003 330.213 -0.003

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 $0.07 mean?
Oil Refineries (OILRF) has a E10 of $0.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Oil Refineries and its competitors.
Is Oil Refineries' E10 too high?
Oil Refineries' current E10 is $0.07. Overall, Oil Refineries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oil Refineries' E10 compare to VLO and MPC?
Oil Refineries' E10 of $0.07 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 Oil Refineries and its competitors. Oil Refineries's current E10 is $0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil Refineries stock overvalued right now?
Based on GuruFocus' analysis, Oil Refineries (OILRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.29, compared to a current price of $0.45 — trading 55.5% above its estimated fair value. The current E10 is $0.07. Oil Refineries' overall GF Score™ is 44/100 with 4 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 Oil Refineries (OILRF), the current E10 is $0.07 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 Oil Refineries (OILRF) Overvalued in 2026?

Based on GuruFocus' analysis, Oil Refineries stock appears to be overvalued. The current stock price of $0.45 is trading 55.5% above its estimated GF Value™ of $0.29. GuruFocus considers Oil Refineries to be Significantly Overvalued.

Key valuation signals for OILRF:

  • E10: $0.07
  • GF Value™: $0.29 vs. price of $0.45 (55.5% above fair value)
  • GF Score™: 44/100 with 4 warning signs

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


Oil Refineries Business Description

Industry EnergyOil & Gas
Other Exchanges ORL:Israel
Address P.O. Box 4, Haifa, ISR, 310001
Oil Refineries Ltd (ORL), also known as Bazan Group, engages in the production of fuel products. It also manufactures raw materials for the petrochemical industry and materials for the plastic industry, including oils, wax, and accompanying products. The company also provides power and water (mainly electricity and steam) services to a number of industries located near the refinery in Israel. The variety of products refined by ORL is used in industrial operations, transportation, private consumption, agriculture, and infrastructures. ORL plays a key role in Israel's refinery complex, with a major portion of refined products going to local consumption. Although the majority of operations are consumed by refining, ORL is also active in polymer and aromatic production through subsidiaries.
44GF Score

Get the complete analysis for OILRF

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

$0.45
Price
$0.29
GF Value