Protector Forsikring ASA (OSL:PROT) E10: kr13.34 (As of Mar. 2026)


OSL:PROT Protector Forsikring ASA OSL:PROT
65 GF Score
Price kr477.20
GF Value kr351.05
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Protector Forsikring ASA E10?

Protector Forsikring ASA OSL:PROT -0.75% 65 E10 is kr13.34 as of Mar. 2026. GuruFocus rates OSL:PROT with a GF Score™ of 65/100 and a GF Value™ of kr351.05 (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.

Protector Forsikring ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was kr1.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr13.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Protector Forsikring ASA's average E10 Growth Rate was 20.00% per year. During the past 3 years, the average E10 Growth Rate was 22.30% per year. During the past 5 years, the average E10 Growth Rate was 26.80% 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 Protector Forsikring ASA was 37.60% per year. The lowest was 1.50% per year. And the median was 22.85% per year.

As of today (2026-07-01), Protector Forsikring ASA's current stock price is kr477.20. Protector Forsikring ASA's E10 for the quarter that ended in Mar. 2026 was kr13.34. Protector Forsikring ASA's Shiller PE Ratio of today is 35.77.

During the past 13 years, the highest Shiller PE Ratio of Protector Forsikring ASA was 43.39. The lowest was 7.78. And the median was 19.92.


Protector Forsikring ASA  (OSL:PROT) 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.

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

Shiller PE Ratio=Share Price/E10
=477.20/13.34
=35.77

* 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 Protector Forsikring ASA was 43.39. The lowest was 7.78. And the median was 19.92.


Be Aware

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


Protector Forsikring ASA E10 Related Terms


Protector Forsikring ASA E10 Historical Data

* Premium members only.

The historical data trend for Protector Forsikring 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.

Protector Forsikring ASA E10 Chart

Protector Forsikring 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 5.53 7.21 8.95 10.40 13.18

Protector Forsikring 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 11.12 11.96 12.51 13.18 13.34

OSL:PROT vs FNF, AXS, FAF: E10 Comparison

For the Insurance - Specialty subindustry, Protector Forsikring 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.


Protector Forsikring ASA Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Protector Forsikring ASA's Shiller PE Ratio distribution charts can be found below:

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


OSL:PROT
65GF Score
Protector Forsikring ASA OSL:PROT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Protector Forsikring 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, Protector Forsikring 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)
=1.8/139.1000*139.1000
=1.800

Current CPI (Mar. 2026) = 139.1000.

Protector Forsikring ASA Quarterly Data

per share eps CPI Adj_EPS
201606 2.600 103.800 3.484
201609 1.660 104.200 2.216
201612 0.800 104.400 1.066
201703 0.810 105.000 1.073
201706 1.700 105.800 2.235
201709 1.460 105.900 1.918
201712 1.560 106.100 2.045
201803 0.020 107.300 0.026
201806 0.840 108.500 1.077
201809 -0.840 109.500 -1.067
201812 -3.590 109.800 -4.548
201903 1.130 110.400 1.424
201906 -1.560 110.600 -1.962
201909 -0.070 111.100 -0.088
201912 0.452 111.300 0.565
202003 -4.800 111.200 -6.004
202006 7.100 112.100 8.810
202009 4.240 112.900 5.224
202012 5.406 112.900 6.661
202103 7.020 114.600 8.521
202106 3.180 115.300 3.836
202109 1.560 117.500 1.847
202112 2.860 118.900 3.346
202203 2.500 119.800 2.903
202206 2.400 122.600 2.723
202209 4.300 125.600 4.762
202212 7.400 125.900 8.176
202303 7.600 127.600 8.285
202306 2.700 130.400 2.880
202309 -0.100 129.800 -0.107
202312 8.200 131.900 8.648
202403 5.500 132.600 5.770
202406 3.100 133.800 3.223
202409 7.100 133.700 7.387
202412 3.000 134.800 3.096
202503 9.000 136.100 9.198
202506 8.700 137.800 8.782
202509 5.600 138.500 5.624
202512 8.500 139.100 8.500
202603 1.800 139.100 1.800

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 kr13.34 mean?
Protector Forsikring ASA (OSL:PROT) has a E10 of kr13.34 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Protector Forsikring ASA and its competitors.
Is Protector Forsikring ASA's E10 too high?
Protector Forsikring ASA's current E10 is kr13.34. Overall, Protector Forsikring ASA has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Protector Forsikring ASA's E10 compare to FNF and AXS?
Protector Forsikring ASA's E10 of kr13.34 can be compared against companies in the Insurance 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 Insurance company?
A good E10 depends on the Insurance 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 Protector Forsikring ASA and its competitors. Protector Forsikring ASA's current E10 is kr13.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Protector Forsikring ASA stock overvalued right now?
Based on GuruFocus' analysis, Protector Forsikring ASA (OSL:PROT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr351.05, compared to a current price of kr477.20 — trading 35.9% above its estimated fair value. The current E10 is kr13.34. Protector Forsikring ASA's overall GF Score™ is 65/100 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 Protector Forsikring ASA (OSL:PROT), the current E10 is kr13.34 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 Protector Forsikring ASA (OSL:PROT) Overvalued in 2026?

Based on GuruFocus' analysis, Protector Forsikring ASA stock appears to be overvalued. The current stock price of kr477.20 is trading 35.9% above its estimated GF Value™ of kr351.05. GuruFocus considers Protector Forsikring ASA to be Significantly Overvalued.

Key valuation signals for OSL:PROT:

  • E10: kr13.34
  • GF Value™: kr351.05 vs. price of kr477.20 (35.9% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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


Protector Forsikring ASA Business Description

Address Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA developer of a general P&C and employee benefits insurance provider designed to deliver cost and quality leadership in the insurance industry. The company offers standardized insurance products, all core systems insourced and developed in-house, enabling brokers and businesses across multiple countries to access competitive pricing and a value-based performance culture.
65GF Score

Get the complete analysis for OSL:PROT

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

kr477.20
Price
kr351.05
GF Value