Iceland Seafood International hf (OISE:ICESEA) E10: kr0.38 (As of Mar. 2026)


OISE:ICESEA Iceland Seafood International hf OISE:ICESEA
50 GF Score
Price kr4.22
GF Value kr6.71
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Iceland Seafood International hf E10?

Iceland Seafood International hf OISE:ICESEA +1.44% 50 E10 is kr0.38 as of Mar. 2026. GuruFocus rates OISE:ICESEA with a GF Score™ of 50/100 and a GF Value™ of kr6.71 (Significantly Undervalued). The stock has 1 warning sign 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.

Iceland Seafood International hf's adjusted earnings per share data for the three months ended in Mar. 2026 was kr0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr0.38 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-07), Iceland Seafood International hf's current stock price is kr4.22. Iceland Seafood International hf's E10 for the quarter that ended in Mar. 2026 was kr0.38. Iceland Seafood International hf's Shiller PE Ratio of today is 11.11.

During the past 13 years, the highest Shiller PE Ratio of Iceland Seafood International hf was 14.86. The lowest was 10.97. And the median was 13.22.


Iceland Seafood International hf  (OISE:ICESEA) 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.

Iceland Seafood International hf's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.22/0.38
=11.11

* 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 Iceland Seafood International hf was 14.86. The lowest was 10.97. And the median was 13.22.


Be Aware

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


Iceland Seafood International hf E10 Related Terms


Iceland Seafood International hf E10 Historical Data

* Premium members only.

The historical data trend for Iceland Seafood International hf'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.

Iceland Seafood International hf E10 Chart

Iceland Seafood International hf 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 0.00 0.00 0.00 0.00 0.38

Iceland Seafood International hf 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 0.00 0.00 0.36 0.38 0.38

OISE:ICESEA vs KHC, GIS, HRL: E10 Comparison

For the Packaged Foods subindustry, Iceland Seafood International hf'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.


Iceland Seafood International hf Shiller PE Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Iceland Seafood International hf's Shiller PE Ratio falls into.


OISE:ICESEA
50GF Score
Iceland Seafood International hf OISE:ICESEA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iceland Seafood International hf 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, Iceland Seafood International hf'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)
=0.1/158.5100*158.5100
=0.100

Current CPI (Mar. 2026) = 158.5100.

Iceland Seafood International hf Quarterly Data

per share eps CPI Adj_EPS
201503 0.021 99.612 0.033
201506 -0.008 100.289 -0.013
201512 0.000 100.657 0.000
201603 0.075 101.115 0.118
201606 0.051 101.923 0.079
201612 0.000 102.562 0.000
201706 0.000 103.496 0.000
201712 0.000 104.481 0.000
201806 0.000 106.206 0.000
201809 0.095 106.727 0.141
201812 0.126 108.388 0.184
201903 0.116 108.702 0.169
201906 0.040 109.758 0.058
201909 0.080 109.922 0.115
201912 0.067 110.588 0.096
202003 0.100 111.019 0.143
202006 -0.030 112.667 -0.042
202009 -0.056 113.772 -0.078
202012 -0.022 114.542 -0.030
202103 0.151 115.833 0.207
202106 0.041 117.451 0.055
202109 0.117 118.723 0.156
202112 0.176 120.398 0.232
202203 -0.035 123.555 -0.045
202206 -0.097 127.809 -0.120
202209 -0.108 129.810 -0.132
202212 -0.272 131.901 -0.327
202303 -11.028 135.674 -12.884
202306 10.409 139.150 11.857
202309 -0.265 140.147 -0.300
202312 0.031 142.125 0.035
202403 0.003 144.910 0.003
202406 -0.036 147.267 -0.039
202409 -3.615 147.722 -3.879
202412 0.176 148.871 0.187
202503 0.046 150.393 0.048
202506 0.005 153.367 0.005
202509 6.805 153.800 7.013
202512 0.221 155.560 0.225
202603 0.100 158.510 0.100

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 kr0.38 mean?
Iceland Seafood International hf (OISE:ICESEA) has a E10 of kr0.38 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Iceland Seafood International hf and its competitors.
Is Iceland Seafood International hf's E10 too high?
Iceland Seafood International hf's current E10 is kr0.38. Overall, Iceland Seafood International hf has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iceland Seafood International hf's E10 compare to KHC and GIS?
Iceland Seafood International hf's E10 of kr0.38 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 Iceland Seafood International hf and its competitors. Iceland Seafood International hf's current E10 is kr0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iceland Seafood International hf stock overvalued right now?
Based on GuruFocus' analysis, Iceland Seafood International hf (OISE:ICESEA) is currently considered Significantly Undervalued. The stock's GF Value™ is kr6.71, compared to a current price of kr4.22 — trading 37.1% below its estimated fair value. The current E10 is kr0.38. Iceland Seafood International hf's overall GF Score™ is 50/100 with 1 warning sign 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 Iceland Seafood International hf (OISE:ICESEA), the current E10 is kr0.38 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 Iceland Seafood International hf (OISE:ICESEA) Overvalued in 2026?

Based on GuruFocus' analysis, Iceland Seafood International hf stock appears to be undervalued. The current stock price of kr4.22 is trading 37.1% below its estimated GF Value™ of kr6.71. GuruFocus considers Iceland Seafood International hf to be Significantly Undervalued.

Key valuation signals for OISE:ICESEA:

  • E10: kr0.38
  • GF Value™: kr6.71 vs. price of kr4.22 (37.1% below fair value)
  • GF Score™: 50/100 with 1 warning sign

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


Iceland Seafood International hf Business Description

Address Kollunarklettsvegur 2, Reykjavik, ISL, 104
Iceland Seafood International hf is engaged in the sale, processing, and marketing of frozen, salted, and fresh seafood. The company's operating segment includes Value-added Southern Europe; Value added Northern Europe; Sales and Distribution and Other. It generates maximum revenue from the Value-added Southern Europe segment.
50GF Score

Get the complete analysis for OISE:ICESEA

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

kr4.22
Price
kr6.71
GF Value