Webstep ASA (OSL:WSTEP) E10: kr1.81 (As of Mar. 2026)


OSL:WSTEP Webstep ASA OSL:WSTEP
59 GF Score
Price kr13.50
GF Value kr22.73
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Webstep ASA E10?

Webstep ASA OSL:WSTEP +1.50% 59 E10 is kr1.81 as of Mar. 2026. GuruFocus rates OSL:WSTEP with a GF Score™ of 59/100 and a GF Value™ of kr22.73 (Significantly Undervalued). The stock has 4 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.

Webstep ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was kr0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr1.81 for the trailing ten years ended in Mar. 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.

As of today (2026-06-25), Webstep ASA's current stock price is kr13.50. Webstep ASA's E10 for the quarter that ended in Mar. 2026 was kr1.81. Webstep ASA's Shiller PE Ratio of today is 7.46.

During the past 13 years, the highest Shiller PE Ratio of Webstep ASA was 13.51. The lowest was 7.40. And the median was 10.22.


Webstep ASA  (OSL:WSTEP) 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.

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

Shiller PE Ratio=Share Price/E10
=13.50/1.81
=7.46

* 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 Webstep ASA was 13.51. The lowest was 7.40. And the median was 10.22.


Be Aware

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


Webstep ASA E10 Related Terms


Webstep ASA E10 Historical Data

* Premium members only.

The historical data trend for Webstep 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.

Webstep ASA E10 Chart

Webstep 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 0.00 0.00 0.00 0.00 1.81

Webstep 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 0.00 1.85 1.82 1.81 1.81

OSL:WSTEP vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Webstep 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.


Webstep ASA Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Webstep ASA's Shiller PE Ratio distribution charts can be found below:

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


OSL:WSTEP
59GF Score
Webstep ASA OSL:WSTEP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Webstep 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, Webstep 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)
=0.43/139.1000*139.1000
=0.430

Current CPI (Mar. 2026) = 139.1000.

Webstep ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.769 103.800 1.031
201609 0.120 104.200 0.160
201612 0.680 104.400 0.906
201703 0.763 105.000 1.011
201706 0.560 105.800 0.736
201709 0.110 105.900 0.144
201712 0.120 106.100 0.157
201803 0.670 107.300 0.869
201806 0.790 108.500 1.013
201809 0.220 109.500 0.279
201812 0.440 109.800 0.557
201903 0.580 110.400 0.731
201906 0.560 110.600 0.704
201909 0.020 111.100 0.025
201912 0.200 111.300 0.250
202003 0.360 111.200 0.450
202006 0.470 112.100 0.583
202009 0.250 112.900 0.308
202012 0.300 112.900 0.370
202103 0.500 114.600 0.607
202106 0.540 115.300 0.651
202109 0.240 117.500 0.284
202112 0.480 118.900 0.562
202203 0.650 119.800 0.755
202206 0.350 122.600 0.397
202209 0.120 125.600 0.133
202212 0.270 125.900 0.298
202303 0.670 127.600 0.730
202306 0.460 130.400 0.491
202309 0.010 129.800 0.011
202312 -0.990 131.900 -1.044
202403 0.570 132.600 0.598
202406 0.500 133.800 0.520
202409 0.260 133.700 0.271
202412 0.490 134.800 0.506
202503 0.630 136.100 0.644
202506 0.570 137.800 0.575
202509 0.130 138.500 0.131
202512 0.220 139.100 0.220
202603 0.430 139.100 0.430

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 kr1.81 mean?
Webstep ASA (OSL:WSTEP) has a E10 of kr1.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Webstep ASA and its competitors.
Is Webstep ASA's E10 too high?
Webstep ASA's current E10 is kr1.81. Overall, Webstep ASA has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Webstep ASA's E10 compare to IBM and ACN?
Webstep ASA's E10 of kr1.81 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Webstep ASA and its competitors. Webstep ASA's current E10 is kr1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Webstep ASA (OSL:WSTEP) is currently considered Significantly Undervalued. The stock's GF Value™ is kr22.73, compared to a current price of kr13.50 — trading 40.6% below its estimated fair value. The current E10 is kr1.81. Webstep ASA's overall GF Score™ is 59/100 with 4 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 Webstep ASA (OSL:WSTEP), the current E10 is kr1.81 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 Webstep ASA (OSL:WSTEP) Overvalued in 2026?

Based on GuruFocus' analysis, Webstep ASA stock appears to be undervalued. The current stock price of kr13.50 is trading 40.6% below its estimated GF Value™ of kr22.73. GuruFocus considers Webstep ASA to be Significantly Undervalued.

Key valuation signals for OSL:WSTEP:

  • E10: kr1.81
  • GF Value™: kr22.73 vs. price of kr13.50 (40.6% below fair value)
  • GF Score™: 59/100 with 4 warning signs

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


Webstep ASA Business Description

Address Universitetsgata 2, Rebel, Oslo, NOR, NO-0164
Webstep ASA is engaged in the provision of information technology (IT) consultancy services. Its core digitalization offerings include digitalization, cloud migration, and integration. In addition, it also focused on the Internet of Things (IoT), machine learning, and analytics. The group has cross-functional expertise in cloud services and infrastructure, security, mobility, analytics, and AI. It operates in Sweden.
59GF Score

Get the complete analysis for OSL:WSTEP

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

kr13.50
Price
kr22.73
GF Value