DNO ASA (CHIX:DNOO) Shiller PE Ratio: 12.29 (As of Sep. 04, 2026) — 36% Below Median

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CHIX:DNOO DNO ASA CHIX:DNOO
82 GF Score
Price kr16.34
GF Value kr35.43
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is DNO ASA Shiller PE Ratio?

DNO ASA CHIX:DNOO 82 Shiller PE Ratio is 12.29 as of Sep. 04, 2026, which is 36% below its 10-year median of 19.19. GuruFocus rates CHIX:DNOO with a GF Score™ of 82/100 and a GF Value™ of kr35.43 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 437 Oil & Gas companies, DNO ASA ranks better than 67.05% on this metric.

As of today (2026-09-04), DNO ASA's current share price is kr16.34. DNO ASA's E10 for the quarter that ended in Jun. 2026 was kr1.33. DNO ASA's Shiller PE Ratio for today is 12.29.

The historical rank and industry rank for DNO ASA's Shiller PE Ratio or its related term are showing as below:

CHIX:DNOo' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.15   Med: 19.19   Max: 90.22
Current: 13.63

During the past years, DNO ASA's highest Shiller PE Ratio was 90.22. The lowest was 5.15. And the median was 19.19.

CHIX:DNOo's Shiller PE Ratio is ranked better than
67.05% of 437 companies
in the Oil & Gas industry
Industry Median: 18.22 vs CHIX:DNOo: 13.63

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

DNO ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was kr0.671. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr1.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DNO ASA  (CHIX:DNOo) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


DNO ASA Shiller PE Ratio Related Terms


DNO ASA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for DNO ASA's Shiller PE Ratio 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.

DNO ASA Shiller PE Ratio Chart

DNO ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.89 17.79 0.00 11.35 13.65

DNO ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 11.86 13.80 13.65 17.86 12.59

CHIX:DNOO vs COP, EOG, OXY: Shiller PE Ratio Comparison

For the Oil & Gas E&P subindustry, DNO 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.


DNO ASA Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DNO ASA's Shiller PE Ratio distribution charts can be found below:

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


CHIX:DNOO
82GF Score
DNO ASA CHIX:DNOO
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DNO ASA Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

DNO ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.34/1.33
=12.29

* 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.

DNO ASA's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, DNO ASA'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)
=0.671/141.5800*141.5800
=0.671

Current CPI (Jun. 2026) = 141.5800.

DNO ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.024 104.200 -0.033
201612 -0.248 104.400 -0.336
201703 0.085 105.000 0.115
201706 -0.085 105.800 -0.114
201709 3.370 105.900 4.505
201712 0.333 106.100 0.444
201803 0.155 107.300 0.205
201806 0.324 108.500 0.423
201809 0.495 109.500 0.640
201812 1.898 109.800 2.447
201903 0.430 110.400 0.551
201906 0.518 110.600 0.663
201909 -0.810 111.100 -1.032
201912 0.451 111.300 0.574
202003 -0.410 111.200 -0.522
202006 -0.667 112.100 -0.842
202009 -1.191 112.900 -1.494
202012 -0.522 112.900 -0.655
202103 0.426 114.600 0.526
202106 0.505 115.300 0.620
202109 0.260 117.500 0.313
202112 0.629 118.900 0.749
202203 1.237 119.800 1.462
202206 0.682 122.600 0.788
202209 1.339 125.600 1.509
202212 0.395 125.900 0.444
202303 0.948 127.600 1.052
202306 -0.216 130.400 -0.235
202309 -0.643 129.800 -0.701
202312 0.000 131.900 0.000
202403 0.212 132.600 0.226
202406 0.425 133.800 0.450
202409 0.212 133.700 0.224
202412 -1.122 134.800 -1.178
202503 0.000 136.100 0.000
202506 -0.101 137.800 -0.104
202509 0.099 138.500 0.101
202512 -0.505 139.100 -0.514
202603 0.386 141.030 0.388
202606 0.671 141.580 0.671

Add all the adjusted EPS together and divide 10 will get our 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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 12.29 mean?
DNO ASA (CHIX:DNOO) has a Shiller PE Ratio of 12.29 as of Sep. 04, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on DNO ASA and its competitors. This is 36% below median its historical median of 19.19. Over the past decade, DNO ASA's Shiller PE Ratio has ranged from 5.15 to 90.22. According to the industry distribution chart, DNO ASA ranks #144 out of 437 companies in the Oil & Gas industry, placing it in the top 33%.
Is DNO ASA's Shiller PE Ratio too high?
DNO ASA's current Shiller PE Ratio of 12.29 is 36% below median its 10-year median of 19.19. Over the past 10 years, this metric has ranged from a low of 5.15 to a high of 90.22. The Oil & Gas industry median Shiller PE Ratio is 18.22. DNO ASA's value of 12.29 is 32.5% below this industry median. Based on the distribution chart, DNO ASA ranks #144 out of 437 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, DNO ASA has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Shiller PE Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, DNO ASA ranks #144 out of 437 companies for Shiller PE Ratio. This puts DNO ASA in the upper half of its industry. The industry median Shiller PE Ratio is 18.22. DNO ASA's value of 12.29 is 32.5% below this benchmark. Historically, DNO ASA's own Shiller PE Ratio has ranged from 5.15 to 90.22 over the past decade. While the company's 10-year median is 19.19 vs. the industry median of 18.22, DNO ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 18.22, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DNO ASA's current Shiller PE Ratio of 12.29 is 32.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on DNO ASA and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 18.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNO ASA's current Shiller PE Ratio is 12.29, which is 36% below median its own 10-year median of 19.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNO ASA stock overvalued right now?
Based on GuruFocus' analysis, DNO ASA (CHIX:DNOO) is currently considered Possible Value Trap. The stock's GF Value™ is kr35.43, compared to a current price of kr16.34 — trading 53.9% below its estimated fair value. The current Shiller PE Ratio is 12.29, which is 36% below median its 10-year median of 19.19 and 32.5% below the Oil & Gas industry median of 18.22. DNO ASA's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For DNO ASA (CHIX:DNOO), the current Shiller PE Ratio is 12.29 as of Sep. 04, 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 DNO ASA (CHIX:DNOO) Overvalued in 2026?

Based on GuruFocus' analysis, DNO ASA stock appears to be undervalued. The current stock price of kr16.34 is trading 53.9% below its estimated GF Value™ of kr35.43. GuruFocus considers DNO ASA to be Possible Value Trap.

Key valuation signals for CHIX:DNOO:

  • Shiller PE Ratio: 12.29 (36% below median its 10-year median of 19.19)
  • GF Value™: kr35.43 vs. price of kr16.34 (53.9% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 32.5% below the Oil & Gas median (#144 of 437)

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


DNO ASA Business Description

Industry EnergyOil & Gas
Address Dokkveien 1, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea, which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.
82GF Score

Get the complete analysis for CHIX:DNOO

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

kr16.34
Price
kr35.43
GF Value