OR Royalties (STU:OM40) E10: € (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:OM40 OR Royalties Inc STU:OM40
85 GF Score
Price €31.49
GF Value €35.56
Valuation Modestly Undervalued
! 2 Warning Signs
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What is OR Royalties E10?

OR Royalties STU:OM40 -1.09% 85 E10 is € as of Jun. 2026. GuruFocus rates STU:OM40 with a GF Score™ of 85/100 and a GF Value™ of €35.56 (Modestly Undervalued). The stock has 2 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.

OR Royalties's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 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 (2026-09-22), OR Royalties's current stock price is €31.49. OR Royalties's E10 for the quarter that ended in Jun. 2026 was . OR Royalties's Shiller PE Ratio of today is .

During the past 12 years, the highest Shiller PE Ratio of OR Royalties was 7.94. The lowest was 3.72. And the median was 4.73.


OR Royalties  (STU:OM40) 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.

During the past 12 years, the highest Shiller P/E Ratio of OR Royalties was 7.94. The lowest was 3.72. And the median was 4.73.


Be Aware

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


OR Royalties E10 Related Terms


OR Royalties E10 Historical Data

* Premium members only.

The historical data trend for OR Royalties'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.

OR Royalties E10 Chart

OR Royalties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
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OR Royalties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

STU:OM40 vs NEM, AU: E10 Comparison

For the Gold subindustry, OR Royalties'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.


OR Royalties Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, OR Royalties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where OR Royalties's Shiller PE Ratio falls into.


STU:OM40
85GF Score
OR Royalties Inc STU:OM40
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OR Royalties 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, OR Royalties's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.2799/133.5265*133.5265
=0.280

Current CPI (Jun. 2026) = 133.5265.

OR Royalties Quarterly Data

per share eps CPI Adj_EPS
201609 0.117 101.765 0.153
201612 0.056 101.449 0.073
201703 0.028 102.634 0.037
201706 0.068 103.029 0.088
201709 0.034 103.345 0.044
201712 -0.274 103.345 -0.354
201803 0.009 105.004 0.012
201806 0.002 105.557 0.003
201809 0.023 105.636 0.029
201812 -0.483 105.399 -0.612
201903 -0.113 106.979 -0.142
201906 -0.028 107.690 -0.035
201909 -0.217 107.611 -0.269
201912 -0.708 107.769 -0.878
202003 -0.058 107.927 -0.072
202006 0.052 108.401 0.064
202009 0.048 108.164 0.060
202012 0.018 108.559 0.022
202103 0.042 110.298 0.050
202106 -0.059 111.720 -0.071
202109 0.007 112.905 0.009
202112 -0.088 113.774 -0.104
202203 0.001 117.646 0.002
202206 0.068 120.806 0.075
202209 -0.073 120.648 -0.081
202212 0.088 120.964 0.097
202303 0.078 122.702 0.084
202306 0.066 124.203 0.071
202309 -0.074 125.230 -0.079
202312 -0.247 125.072 -0.264
202403 0.055 126.258 0.058
202406 -0.077 127.522 -0.081
202409 0.065 127.285 0.068
202412 0.035 127.364 0.037
202503 0.129 129.181 0.134
202506 0.151 129.892 0.155
202509 0.374 130.287 0.383
202512 0.296 130.366 0.303
202603 0.333 132.262 0.336
202606 0.280 133.527 0.280

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 € mean?
OR Royalties (STU:OM40) has a E10 of € as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on OR Royalties and its competitors.
Is OR Royalties' E10 too high?
OR Royalties' current E10 is €. Overall, OR Royalties has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OR Royalties' E10 compare to NEM and AU?
OR Royalties' E10 of € can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 OR Royalties and its competitors. OR Royalties's current E10 is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OR Royalties stock overvalued right now?
Based on GuruFocus' analysis, OR Royalties (STU:OM40) is currently considered Modestly Undervalued. The stock's GF Value™ is €35.56, compared to a current price of €31.49 — trading 11.4% below its estimated fair value. The current E10 is €. OR Royalties' overall GF Score™ is 85/100 with 2 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 OR Royalties (STU:OM40), the current E10 is € as of Jun. 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 OR Royalties (STU:OM40) Overvalued in 2026?

Based on GuruFocus' analysis, OR Royalties stock appears to be undervalued. The current stock price of €31.49 is trading 11.4% below its estimated GF Value™ of €35.56. GuruFocus considers OR Royalties to be Modestly Undervalued.

Key valuation signals for STU:OM40:

  • E10:
  • GF Value™: €35.56 vs. price of €31.49 (11.4% below fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the STU:OM40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OR Royalties Business Description

Other Exchanges OR:USA0VBE:UKOR:Canada
Address 1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2
OR Royalties Inc is engaged in the business of acquiring and managing precious metal and other high-quality royalties, streams and similar interests. The Company owns a portfolio of royalties, streams, offtakes, options on royalty/stream financings and exclusive rights to participate in future royalty/stream financings on various projects. Geographically, it generates majority of its income from North America and also generates some portions of income from South America, Australia, Africa and Europe.
85GF Score

Get the complete analysis for STU:OM40

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

€31.49
Price
€35.56
GF Value