Kongsberg Gruppen ASA (OSL:KOG) E10: kr3.63 (As of Mar. 2026)


OSL:KOG Kongsberg Gruppen ASA OSL:KOG
91 GF Score
Price kr290.80
GF Value kr191.39
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kongsberg Gruppen ASA E10?

Kongsberg Gruppen ASA OSL:KOG -3.52% 91 E10 is kr3.63 as of Mar. 2026. GuruFocus rates OSL:KOG with a GF Score™ of 91/100 and a GF Value™ of kr191.39 (Significantly Overvalued). 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.

Kongsberg Gruppen ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was kr1.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kongsberg Gruppen ASA's average E10 Growth Rate was 26.90% per year. During the past 3 years, the average E10 Growth Rate was 22.40% per year. During the past 5 years, the average E10 Growth Rate was 15.70% 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 Kongsberg Gruppen ASA was 22.40% per year. The lowest was -2.40% per year. And the median was 6.30% per year.

As of today (2026-06-25), Kongsberg Gruppen ASA's current stock price is kr290.80. Kongsberg Gruppen ASA's E10 for the quarter that ended in Mar. 2026 was kr3.63. Kongsberg Gruppen ASA's Shiller PE Ratio of today is 80.11.

During the past 13 years, the highest Shiller PE Ratio of Kongsberg Gruppen ASA was 113.21. The lowest was 10.49. And the median was 24.62.


Kongsberg Gruppen ASA  (OSL:KOG) 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.

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

Shiller PE Ratio=Share Price/E10
=290.80/3.63
=80.11

* 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 Kongsberg Gruppen ASA was 113.21. The lowest was 10.49. And the median was 24.62.


Be Aware

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


Kongsberg Gruppen ASA E10 Related Terms


Kongsberg Gruppen ASA E10 Historical Data

* Premium members only.

The historical data trend for Kongsberg Gruppen 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.

Kongsberg Gruppen ASA E10 Chart

Kongsberg Gruppen 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 1.73 1.90 2.17 2.63 3.48

Kongsberg Gruppen ASA 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 2.86 3.05 3.21 3.48 3.63

OSL:KOG vs GE, RTX, BA: E10 Comparison

For the Aerospace & Defense subindustry, Kongsberg Gruppen 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.


Kongsberg Gruppen ASA Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Gruppen ASA's Shiller PE Ratio distribution charts can be found below:

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


OSL:KOG
91GF Score
Kongsberg Gruppen ASA OSL:KOG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kongsberg Gruppen 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, Kongsberg Gruppen ASA'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)
=1.91/139.1000*139.1000
=1.910

Current CPI (Mar. 2026) = 139.1000.

Kongsberg Gruppen ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.441 103.800 0.591
201609 -0.209 104.200 -0.279
201612 0.381 104.400 0.508
201703 0.214 105.000 0.283
201706 0.092 105.800 0.121
201709 0.115 105.900 0.151
201712 0.384 106.100 0.503
201803 0.192 107.300 0.249
201806 0.152 108.500 0.195
201809 0.258 109.500 0.328
201812 0.514 109.800 0.651
201903 0.190 110.400 0.239
201906 0.080 110.600 0.101
201909 0.124 111.100 0.155
201912 0.384 111.300 0.480
202003 1.818 111.200 2.274
202006 0.294 112.100 0.365
202009 0.482 112.900 0.594
202012 0.632 112.900 0.779
202103 0.452 114.600 0.549
202106 0.590 115.300 0.712
202109 0.608 117.500 0.720
202112 0.766 118.900 0.896
202203 0.426 119.800 0.495
202206 0.596 122.600 0.676
202209 0.994 125.600 1.101
202212 1.108 125.900 1.224
202303 0.842 127.600 0.918
202306 0.876 130.400 0.934
202309 1.186 129.800 1.271
202312 1.310 131.900 1.382
202403 1.272 132.600 1.334
202406 1.360 133.800 1.414
202409 1.540 133.700 1.602
202412 1.650 134.800 1.703
202503 2.590 136.100 2.647
202506 1.850 137.800 1.867
202509 1.930 138.500 1.938
202512 2.680 139.100 2.680
202603 1.910 139.100 1.910

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 kr3.63 mean?
Kongsberg Gruppen ASA (OSL:KOG) has a E10 of kr3.63 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kongsberg Gruppen ASA and its competitors.
Is Kongsberg Gruppen ASA's E10 too high?
Kongsberg Gruppen ASA's current E10 is kr3.63. Overall, Kongsberg Gruppen ASA has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kongsberg Gruppen ASA's E10 compare to GE and RTX?
Kongsberg Gruppen ASA's E10 of kr3.63 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense 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 Kongsberg Gruppen ASA and its competitors. Kongsberg Gruppen ASA's current E10 is kr3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kongsberg Gruppen ASA stock overvalued right now?
Based on GuruFocus' analysis, Kongsberg Gruppen ASA (OSL:KOG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr191.39, compared to a current price of kr290.80 — trading 51.9% above its estimated fair value. The current E10 is kr3.63. Kongsberg Gruppen ASA's overall GF Score™ is 91/100 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 Kongsberg Gruppen ASA (OSL:KOG), the current E10 is kr3.63 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 Kongsberg Gruppen ASA (OSL:KOG) Overvalued in 2026?

Based on GuruFocus' analysis, Kongsberg Gruppen ASA stock appears to be overvalued. The current stock price of kr290.80 is trading 51.9% above its estimated GF Value™ of kr191.39. GuruFocus considers Kongsberg Gruppen ASA to be Significantly Overvalued.

Key valuation signals for OSL:KOG:

  • E10: kr3.63
  • GF Value™: kr191.39 vs. price of kr290.80 (51.9% above fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Kongsberg Gruppen ASA Business Description

Address Kirkegardsveien 45, Kongsberg, NOR, N-3616
Kongsberg Gruppen is an international technology company focused on defense, aerospace, and advanced sensing and surveillance solutions following the spinoff of its maritime business. The group's activities are centered on Kongsberg Defence & Aerospace and Kongsberg Discovery, providing defense systems, missiles, air defense, and subsea and monitoring technologies.
91GF Score

Get the complete analysis for OSL:KOG

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

kr290.80
Price
kr191.39
GF Value