Orkla ASA (OSL:ORK) E10: kr6.05 (As of Mar. 2026)


OSL:ORK Orkla ASA OSL:ORK
89 GF Score
Price kr103.80
GF Value kr104.69
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Orkla ASA E10?

Orkla ASA OSL:ORK +2.06% 89 E10 is kr6.05 as of Mar. 2026. GuruFocus rates OSL:ORK with a GF Score™ of 89/100 and a GF Value™ of kr104.69 (Fairly Valued). 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.

Orkla ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was kr1.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr6.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Orkla ASA's average E10 Growth Rate was 14.20% per year. During the past 3 years, the average E10 Growth Rate was 14.20% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 16.60% 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 Orkla ASA was 22.00% per year. The lowest was 10.60% per year. And the median was 16.25% per year.

As of today (2026-06-25), Orkla ASA's current stock price is kr103.80. Orkla ASA's E10 for the quarter that ended in Mar. 2026 was kr6.05. Orkla ASA's Shiller PE Ratio of today is 17.16.

During the past 13 years, the highest Shiller PE Ratio of Orkla ASA was 56.58. The lowest was 15.04. And the median was 28.01.


Orkla ASA  (OSL:ORK) 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.

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

Shiller PE Ratio=Share Price/E10
=103.80/6.05
=17.16

* 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 Orkla ASA was 56.58. The lowest was 15.04. And the median was 28.01.


Be Aware

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


Orkla ASA E10 Related Terms


Orkla ASA E10 Historical Data

* Premium members only.

The historical data trend for Orkla 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.

Orkla ASA E10 Chart

Orkla 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 3.54 4.05 4.67 5.16 6.03

Orkla 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 5.30 5.84 5.92 6.03 6.05

OSL:ORK vs KHC, GIS, JBS: E10 Comparison

For the Packaged Foods subindustry, Orkla 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.


Orkla ASA Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Shiller PE Ratio distribution charts can be found below:

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


OSL:ORK
89GF Score
Orkla ASA OSL:ORK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orkla 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, Orkla 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)
=1.71/139.1000*139.1000
=1.710

Current CPI (Mar. 2026) = 139.1000.

Orkla ASA Quarterly Data

per share eps CPI Adj_EPS
201606 1.000 103.800 1.340
201609 1.050 104.200 1.402
201612 1.100 104.400 1.466
201703 1.080 105.000 1.431
201706 1.010 105.800 1.328
201709 0.980 105.900 1.287
201712 1.000 106.100 1.311
201803 0.680 107.300 0.882
201806 0.820 108.500 1.051
201809 1.010 109.500 1.283
201812 0.740 109.800 0.937
201903 0.740 110.400 0.932
201906 0.900 110.600 1.132
201909 0.920 111.100 1.152
201912 1.280 111.300 1.600
202003 0.920 111.200 1.151
202006 0.950 112.100 1.179
202009 1.360 112.900 1.676
202012 1.140 112.900 1.405
202103 1.150 114.600 1.396
202106 1.040 115.300 1.255
202109 1.310 117.500 1.551
202112 1.320 118.900 1.544
202203 1.090 119.800 1.266
202206 1.280 122.600 1.452
202209 1.500 125.600 1.661
202212 1.160 125.900 1.282
202303 1.280 127.600 1.395
202306 1.380 130.400 1.472
202309 1.560 129.800 1.672
202312 1.000 131.900 1.055
202403 1.470 132.600 1.542
202406 2.040 133.800 2.121
202409 1.180 133.700 1.228
202412 1.360 134.800 1.403
202503 1.790 136.100 1.829
202506 6.220 137.800 6.279
202509 1.570 138.500 1.577
202512 1.890 139.100 1.890
202603 1.710 139.100 1.710

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 kr6.05 mean?
Orkla ASA (OSL:ORK) has a E10 of kr6.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Orkla ASA and its competitors.
Is Orkla ASA's E10 too high?
Orkla ASA's current E10 is kr6.05. Overall, Orkla ASA has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orkla ASA's E10 compare to KHC and GIS?
Orkla ASA's E10 of kr6.05 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 Orkla ASA and its competitors. Orkla ASA's current E10 is kr6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orkla ASA stock overvalued right now?
Based on GuruFocus' analysis, Orkla ASA (OSL:ORK) is currently considered Fairly Valued. The stock's GF Value™ is kr104.69, compared to a current price of kr103.80 — trading 0.9% below its estimated fair value. The current E10 is kr6.05. Orkla ASA's overall GF Score™ is 89/100 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 Orkla ASA (OSL:ORK), the current E10 is kr6.05 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 Orkla ASA (OSL:ORK) Overvalued in 2026?

Based on GuruFocus' analysis, Orkla ASA stock appears to be undervalued. The current stock price of kr103.80 is trading 0.9% below its estimated GF Value™ of kr104.69. GuruFocus considers Orkla ASA to be Fairly Valued.

Key valuation signals for OSL:ORK:

  • E10: kr6.05
  • GF Value™: kr104.69 vs. price of kr103.80 (0.9% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Orkla ASA Business Description

Address Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its segments include Orkla Foods, Orkla Food Ingredients, Orkla Snacks, Orkla Health, Orkla India, Orkla Home & Personal Care, The European Pizza, Orkla House Care, Health and Sports Nutrition Group, Pierre Robert Group, and Lilleborg. It generates the majority of its revenue from Norway.
89GF Score

Get the complete analysis for OSL:ORK

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

kr103.80
Price
kr104.69
GF Value