OUTFF (Outokumpu Oyj) E10: $0.53 (As of Mar. 2026)


OUTFF Outokumpu Oyj OUTFF
59 GF Score
Price $6.46
GF Value $3.56
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Outokumpu Oyj E10?

Outokumpu Oyj OUTFF 59 E10 is $0.53 as of Mar. 2026. GuruFocus rates OUTFF with a GF Score™ of 59/100 and a GF Value™ of $3.56 (Significantly Overvalued). The stock has 9 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.

Outokumpu Oyj's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Outokumpu Oyj's average E10 Growth Rate was -11.30% 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 Outokumpu Oyj was 31.30% per year. The lowest was 12.70% per year. And the median was 16.40% per year.

As of today (2026-06-24), Outokumpu Oyj's current stock price is $6.46. Outokumpu Oyj's E10 for the quarter that ended in Mar. 2026 was $0.53. Outokumpu Oyj's Shiller PE Ratio of today is 12.19.

During the past 13 years, the highest Shiller PE Ratio of Outokumpu Oyj was 32.14. The lowest was 5.47. And the median was 7.41.


Outokumpu Oyj  (OTCPK:OUTFF) 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.

Outokumpu Oyj's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.46/0.53
=12.19

* 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 Outokumpu Oyj was 32.14. The lowest was 5.47. And the median was 7.41.


Be Aware

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


Outokumpu Oyj E10 Related Terms


Outokumpu Oyj E10 Historical Data

* Premium members only.

The historical data trend for Outokumpu Oyj'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.

Outokumpu Oyj E10 Chart

Outokumpu Oyj 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 -1.10 -0.35 0.25 0.52 0.50

Outokumpu Oyj 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 0.46 0.46 0.67 0.50 0.53

OUTFF vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Outokumpu Oyj'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.


Outokumpu Oyj Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Outokumpu Oyj's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Outokumpu Oyj's Shiller PE Ratio falls into.


OUTFF
59GF Score
Outokumpu Oyj OUTFF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Outokumpu Oyj 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, Outokumpu Oyj'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)
=-0.012/122.6700*122.6700
=-0.012

Current CPI (Mar. 2026) = 122.6700.

Outokumpu Oyj Quarterly Data

per share eps CPI Adj_EPS
201606 -0.056 100.390 -0.068
201609 0.034 100.540 0.041
201612 0.485 101.020 0.589
201703 0.449 100.910 0.546
201706 0.281 101.140 0.341
201709 -0.083 101.320 -0.100
201712 0.343 101.510 0.414
201803 0.148 101.730 0.178
201806 0.070 102.320 0.084
201809 0.082 102.600 0.098
201812 0.080 102.710 0.096
201903 -0.102 102.870 -0.122
201906 0.011 103.360 0.013
201909 -0.066 103.540 -0.078
201912 -0.044 103.650 -0.052
202003 0.055 103.490 0.065
202006 -0.101 103.320 -0.120
202009 -0.177 103.710 -0.209
202012 -0.109 103.890 -0.129
202103 0.226 104.870 0.264
202106 0.337 105.360 0.392
202109 0.435 106.290 0.502
202112 0.373 107.490 0.426
202203 0.562 110.950 0.621
202206 0.825 113.570 0.891
202209 0.386 114.920 0.412
202212 0.742 117.320 0.776
202303 0.236 119.750 0.242
202306 0.206 120.690 0.209
202309 -0.139 121.280 -0.141
202312 -0.611 121.540 -0.617
202403 -0.054 122.360 -0.054
202406 -0.011 122.230 -0.011
202409 0.055 122.260 0.055
202412 -0.073 122.390 -0.073
202503 -0.043 123.010 -0.043
202506 -0.046 122.530 -0.046
202509 -0.082 122.880 -0.082
202512 -0.164 122.670 -0.164
202603 -0.012 122.670 -0.012

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 $0.53 mean?
Outokumpu Oyj (OUTFF) has a E10 of $0.53 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Outokumpu Oyj and its competitors.
Is Outokumpu Oyj's E10 too high?
Outokumpu Oyj's current E10 is $0.53. Overall, Outokumpu Oyj has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Outokumpu Oyj's E10 compare to NUE and STLD?
Outokumpu Oyj's E10 of $0.53 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Outokumpu Oyj and its competitors. Outokumpu Oyj's current E10 is $0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outokumpu Oyj stock overvalued right now?
Based on GuruFocus' analysis, Outokumpu Oyj (OUTFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.56, compared to a current price of $6.46 — trading 81.5% above its estimated fair value. The current E10 is $0.53. Outokumpu Oyj's overall GF Score™ is 59/100 with 9 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 Outokumpu Oyj (OUTFF), the current E10 is $0.53 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 Outokumpu Oyj (OUTFF) Overvalued in 2026?

Based on GuruFocus' analysis, Outokumpu Oyj stock appears to be overvalued. The current stock price of $6.46 is trading 81.5% above its estimated GF Value™ of $3.56. GuruFocus considers Outokumpu Oyj to be Significantly Overvalued.

Key valuation signals for OUTFF:

  • E10: $0.53
  • GF Value™: $3.56 vs. price of $6.46 (81.5% above fair value)
  • GF Score™: 59/100 with 9 warning signs

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


Outokumpu Oyj Business Description

Address Salmisaarenranta 11, Helsinki, FIN, FI-00180
Outokumpu Oyj is a steel and alloys maker. Its business is divided into three business areas, which are Europe, the Americas, and Ferrochrome. Europe derives the key revenue, which consists of both coil and plate operations. The high-volume and tailored standard stainless-steel grades are used, for example, in architecture, building and construction, transportation, catering and appliances, chemical, petrochemical and energy sectors, as well as other process industries. The Americas produces standard austenitic and ferritic grades as well as tailored products. Ferrochrome produces charge grade of ferrochrome and runs the chrome mine in Kemi and the ferrochrome smelter in Tornio, Finland. The company generates the majority of its revenue from Europe.
59GF Score

Get the complete analysis for OUTFF

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

$6.46
Price
$3.56
GF Value