BlueNord ASA (OSL:BNOR) E10: kr6.48 (As of Jun. 2026)

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OSL:BNOR BlueNord ASA OSL:BNOR
71 GF Score
Price kr509.00
GF Value kr799.89
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is BlueNord ASA E10?

BlueNord ASA OSL:BNOR 71 E10 is kr6.48 as of Jun. 2026. GuruFocus rates OSL:BNOR with a GF Score™ of 71/100 and a GF Value™ of kr799.89 (Possible Value Trap). The stock has 5 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.

BlueNord ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was kr3.833. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr6.48 for the trailing ten years ended in Jun. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of BlueNord ASA was 48.80% per year. The lowest was 6.60% per year. And the median was 21.25% per year.

As of today (2026-07-29), BlueNord ASA's current stock price is kr509.00. BlueNord ASA's E10 for the quarter that ended in Jun. 2026 was kr6.48. BlueNord ASA's Shiller PE Ratio of today is 78.55.

During the past 13 years, the highest Shiller PE Ratio of BlueNord ASA was 89.24. The lowest was 3.22. And the median was 72.10.


BlueNord ASA  (OSL:BNOR) 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.

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

Shiller PE Ratio=Share Price/E10
=509.00/6.48
=78.55

* 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 BlueNord ASA was 89.24. The lowest was 3.22. And the median was 72.10.


Be Aware

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


BlueNord ASA E10 Related Terms


BlueNord ASA E10 Historical Data

* Premium members only.

The historical data trend for BlueNord 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.

BlueNord ASA E10 Chart

BlueNord 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 -9,223.97 -6,746.29 -2,052.18 192.25 7.31

BlueNord 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 -8.71 -7.48 7.31 6.60 6.48

OSL:BNOR vs COP, EOG, FANG: E10 Comparison

For the Oil & Gas E&P subindustry, BlueNord 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.


BlueNord ASA Shiller PE Ratio vs Oil & Gas Industry

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

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


OSL:BNOR
71GF Score
BlueNord ASA OSL:BNOR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlueNord 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, BlueNord 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)
=3.833/141.8500*141.8500
=3.833

Current CPI (Jun. 2026) = 141.8500.

BlueNord ASA Quarterly Data

per share eps CPI Adj_EPS
201609 -9.158 104.200 -12.467
201612 41.446 104.400 56.313
201703 11.917 105.000 16.099
201706 -3.624 105.800 -4.859
201709 -6.414 105.900 -8.591
201712 -44.049 106.100 -58.891
201803 -5.843 107.300 -7.724
201806 1.891 108.500 2.472
201809 -2.474 109.500 -3.205
201812 -14.665 109.800 -18.946
201903 -4.304 110.400 -5.530
201906 -4.316 110.600 -5.535
201909 45.927 111.100 58.639
201912 18.380 111.300 23.425
202003 -10.240 111.200 -13.062
202006 7.626 112.100 9.650
202009 -0.916 112.900 -1.151
202012 4.334 112.900 5.445
202103 -3.405 114.600 -4.215
202106 -6.738 115.300 -8.290
202109 0.866 117.500 1.045
202112 18.860 118.900 22.500
202203 -16.785 119.800 -19.874
202206 -19.496 122.600 -22.557
202209 -5.149 125.600 -5.815
202212 38.532 125.900 43.414
202303 13.692 127.600 15.221
202306 10.796 130.400 11.744
202309 0.069 129.800 0.075
202312 10.549 131.900 11.345
202403 -2.122 132.600 -2.270
202406 -1.062 133.800 -1.126
202409 -3.187 133.700 -3.381
202412 -32.539 134.800 -34.241
202503 4.271 136.100 4.451
202506 7.036 137.800 7.243
202509 1.989 138.500 2.037
202512 15.160 139.100 15.460
202603 -3.863 141.030 -3.885
202606 3.833 141.850 3.833

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 kr6.48 mean?
BlueNord ASA (OSL:BNOR) has a E10 of kr6.48 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BlueNord ASA and its competitors.
Is BlueNord ASA's E10 too high?
BlueNord ASA's current E10 is kr6.48. Overall, BlueNord ASA has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlueNord ASA's E10 compare to COP and EOG?
BlueNord ASA's E10 of kr6.48 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 BlueNord ASA and its competitors. BlueNord ASA's current E10 is kr6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueNord ASA stock overvalued right now?
Based on GuruFocus' analysis, BlueNord ASA (OSL:BNOR) is currently considered Possible Value Trap. The stock's GF Value™ is kr799.89, compared to a current price of kr509.00 — trading 36.4% below its estimated fair value. The current E10 is kr6.48. BlueNord ASA's overall GF Score™ is 71/100 with 5 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 BlueNord ASA (OSL:BNOR), the current E10 is kr6.48 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 BlueNord ASA (OSL:BNOR) Overvalued in 2026?

Based on GuruFocus' analysis, BlueNord ASA stock appears to be undervalued. The current stock price of kr509.00 is trading 36.4% below its estimated GF Value™ of kr799.89. GuruFocus considers BlueNord ASA to be Possible Value Trap.

Key valuation signals for OSL:BNOR:

  • E10: kr6.48
  • GF Value™: kr799.89 vs. price of kr509.00 (36.4% below fair value)
  • GF Score™: 71/100 with 5 warning signs

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


BlueNord ASA Business Description

Industry EnergyOil & Gas
Address Nedre Vollgate 3, Oslo, NOR, 0158
BlueNord ASA is a Norway-based oil and gas company engaged in the production and development of oil and gas resources. The company operates mainly in the Danish North Sea through its interest in the Danish Underground Consortium. It focuses on supporting the energy transition by improving the long-term role of oil and gas in the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.
71GF Score

Get the complete analysis for OSL:BNOR

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

kr509.00
Price
kr799.89
GF Value