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Olav Thon Eiendomsselskap (OSL:OLT) E10 : kr26.17 (As of Dec. 2024)


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What is Olav Thon Eiendomsselskap E10?

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.

Olav Thon Eiendomsselskap's adjusted earnings per share data for the three months ended in Dec. 2024 was kr10.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr26.17 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Olav Thon Eiendomsselskap's average E10 Growth Rate was 4.60% per year. During the past 3 years, the average E10 Growth Rate was 1.90% per year. During the past 5 years, the average E10 Growth Rate was 4.80% 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 Olav Thon Eiendomsselskap was 8.40% per year. The lowest was -2.90% per year. And the median was 6.20% per year.

As of today (2025-03-17), Olav Thon Eiendomsselskap's current stock price is kr258.00. Olav Thon Eiendomsselskap's E10 for the quarter that ended in Dec. 2024 was kr26.17. Olav Thon Eiendomsselskap's Shiller PE Ratio of today is 9.86.

During the past 13 years, the highest Shiller PE Ratio of Olav Thon Eiendomsselskap was 9.86. The lowest was 4.28. And the median was 7.32.


Olav Thon Eiendomsselskap E10 Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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.

* Premium members only.

Olav Thon Eiendomsselskap E10 Chart

Olav Thon Eiendomsselskap Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.86 24.76 27.40 25.01 26.17

Olav Thon Eiendomsselskap Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 25.01 25.37 25.67 25.47 26.17

Competitive Comparison of Olav Thon Eiendomsselskap's E10

For the Real Estate Services subindustry, Olav Thon Eiendomsselskap'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.


Olav Thon Eiendomsselskap's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Olav Thon Eiendomsselskap's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Olav Thon Eiendomsselskap's Shiller PE Ratio falls into.



Olav Thon Eiendomsselskap 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, Olav Thon Eiendomsselskap's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=10/134.8000*134.8000
=10.000

Current CPI (Dec. 2024) = 134.8000.

Olav Thon Eiendomsselskap Quarterly Data

per share eps CPI Adj_EPS
201503 4.415 99.200 5.999
201506 13.209 100.100 17.788
201509 6.000 100.600 8.040
201512 12.000 100.900 16.032
201603 3.000 102.500 3.945
201606 6.000 103.800 7.792
201609 8.000 104.200 10.349
201612 16.000 104.400 20.659
201703 7.000 105.000 8.987
201706 7.000 105.800 8.919
201709 9.000 105.900 11.456
201712 9.000 106.100 11.434
201803 6.000 107.300 7.538
201806 4.000 108.500 4.970
201809 5.000 109.500 6.155
201812 8.000 109.800 9.821
201903 2.000 110.400 2.442
201906 2.000 110.600 2.438
201909 6.000 111.100 7.280
201912 7.820 111.300 9.471
202003 -20.000 111.200 -24.245
202006 2.000 112.100 2.405
202009 6.000 112.900 7.164
202012 16.040 112.900 19.151
202103 8.000 114.600 9.410
202106 4.000 115.300 4.676
202109 8.000 117.500 9.178
202112 16.000 118.900 18.140
202203 19.000 119.800 21.379
202206 11.000 122.600 12.095
202209 0.434 125.600 0.466
202212 -6.000 125.900 -6.424
202303 2.000 127.600 2.113
202306 2.000 130.400 2.067
202309 -6.000 129.800 -6.231
202312 -13.000 131.900 -13.286
202403 6.000 132.600 6.100
202406 2.000 133.800 2.015
202409 4.000 133.700 4.033
202412 10.000 134.800 10.000

Add all the adjusted EPS together and divide 10 will get our e10.


Olav Thon Eiendomsselskap  (OSL:OLT) 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.

Olav Thon Eiendomsselskap's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=258.00/26.17
=9.86

* 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 Olav Thon Eiendomsselskap was 9.86. The lowest was 4.28. And the median was 7.32.


Be Aware

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


Olav Thon Eiendomsselskap E10 Related Terms

Thank you for viewing the detailed overview of Olav Thon Eiendomsselskap's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Olav Thon Eiendomsselskap Business Description

Traded in Other Exchanges
Address
Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105
Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

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