NRT (North European Oil Royalty Trust) Shiller PE Ratio: 8.39 (As of Sep. 11, 2026) — 106% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NRT North European Oil Royalty Trust NRT
71 GF Score
Price $9.14
GF Value $7.65
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is North European Oil Royalty Trust Shiller PE Ratio?

North European Oil Royalty Trust NRT -0.33% 71 Shiller PE Ratio is 8.39 as of Sep. 11, 2026, which is 106% above its 10-year median of 4.08. GuruFocus rates NRT with a GF Score™ of 71/100 and a GF Value™ of $7.65 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 436 Oil & Gas companies, North European Oil Royalty Trust ranks better than 83.03% on this metric.

As of today (2026-09-11), North European Oil Royalty Trust's current share price is $9.14. North European Oil Royalty Trust's E10 for the quarter that ended in Apr. 2026 was $1.09. North European Oil Royalty Trust's Shiller PE Ratio for today is 8.39.

The historical rank and industry rank for North European Oil Royalty Trust's Shiller PE Ratio or its related term are showing as below:

NRT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.45   Med: 4.08   Max: 15.15
Current: 8.36

During the past years, North European Oil Royalty Trust's highest Shiller PE Ratio was 15.15. The lowest was 1.45. And the median was 4.08.

NRT's Shiller PE Ratio is ranked better than
83.03% of 436 companies
in the Oil & Gas industry
Industry Median: 18.23 vs NRT: 8.36

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.

North European Oil Royalty Trust's adjusted earnings per share data for the three months ended in Apr. 2026 was $0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.09 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


North European Oil Royalty Trust  (NYSE:NRT) 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.


North European Oil Royalty Trust Shiller PE Ratio Related Terms


North European Oil Royalty Trust Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for North European Oil Royalty Trust'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.

North European Oil Royalty Trust Shiller PE Ratio Chart

North European Oil Royalty Trust Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.75 11.72 8.37 4.53 5.87

North European Oil Royalty Trust Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 4.31 4.64 5.87 8.10 7.56

NRT vs BSIN, BATL, PROP: Shiller PE Ratio Comparison

For the Oil & Gas E&P subindustry, North European Oil Royalty Trust'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.


North European Oil Royalty Trust Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North European Oil Royalty Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where North European Oil Royalty Trust's Shiller PE Ratio falls into.


NRT
71GF Score
North European Oil Royalty Trust NRT
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North European Oil Royalty Trust 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.

North European Oil Royalty Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.14/1.09
=8.39

* 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.

North European Oil Royalty Trust's E10 for the quarter that ended in Apr. 2026 is calculated as:

For example, North European Oil Royalty Trust's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.22/333.0200*333.0200
=0.220

Current CPI (Apr. 2026) = 333.0200.

North European Oil Royalty Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201607 0.150 240.628 0.208
201610 0.117 241.729 0.161
201701 0.160 242.839 0.219
201704 0.180 244.524 0.245
201707 0.200 244.786 0.272
201710 0.210 246.663 0.284
201801 0.160 247.867 0.215
201804 0.200 250.546 0.266
201807 0.190 252.006 0.251
201810 0.144 252.885 0.190
201901 0.220 251.712 0.291
201904 0.220 255.548 0.287
201907 0.220 256.571 0.286
201910 0.160 257.346 0.207
202001 0.080 257.971 0.103
202004 0.110 256.389 0.143
202007 0.140 259.101 0.180
202010 0.024 260.388 0.031
202101 0.010 261.582 0.013
202104 0.130 267.054 0.162
202107 0.150 273.003 0.183
202110 0.140 276.589 0.169
202201 0.260 281.148 0.308
202204 0.390 289.109 0.449
202207 0.470 296.276 0.528
202210 0.749 298.012 0.837
202301 1.040 299.170 1.158
202304 1.030 303.363 1.131
202307 0.250 305.691 0.272
202310 -0.020 307.671 -0.022
202401 0.020 308.417 0.022
202404 0.220 313.548 0.234
202407 0.250 314.540 0.265
202410 0.057 315.664 0.060
202501 0.030 317.671 0.031
202504 0.250 320.795 0.260
202507 0.270 323.048 0.278
202510 0.319 0.000
202601 0.210 325.252 0.215
202604 0.220 333.020 0.220

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 8.39 mean?
North European Oil Royalty Trust (NRT) has a Shiller PE Ratio of 8.39 as of Sep. 11, 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 North European Oil Royalty Trust and its competitors. This is 106% above median its historical median of 4.08. Over the past decade, North European Oil Royalty Trust's Shiller PE Ratio has ranged from 1.45 to 15.15. According to the industry distribution chart, North European Oil Royalty Trust ranks #74 out of 436 companies in the Oil & Gas industry, placing it in the top 17%.
Is North European Oil Royalty Trust's Shiller PE Ratio too high?
North European Oil Royalty Trust's current Shiller PE Ratio of 8.39 is 106% above median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 15.15. The Oil & Gas industry median Shiller PE Ratio is 18.23. North European Oil Royalty Trust's value of 8.39 is 54% below this industry median. Based on the distribution chart, North European Oil Royalty Trust ranks #74 out of 436 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, North European Oil Royalty Trust has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North European Oil Royalty Trust's Shiller PE Ratio compare to BSIN and BATL?
According to the Oil & Gas industry distribution chart, North European Oil Royalty Trust ranks #74 out of 436 companies for Shiller PE Ratio. This places North European Oil Royalty Trust in the top 17% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 18.23. North European Oil Royalty Trust's value of 8.39 is 54% below this benchmark. Historically, North European Oil Royalty Trust's own Shiller PE Ratio has ranged from 1.45 to 15.15 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 18.23, North European Oil Royalty Trust 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 18.23, based on 436 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. North European Oil Royalty Trust's current Shiller PE Ratio of 8.39 is 54% 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 North European Oil Royalty Trust and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 18.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North European Oil Royalty Trust's current Shiller PE Ratio is 8.39, which is 106% above median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North European Oil Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, North European Oil Royalty Trust (NRT) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.65, compared to a current price of $9.14 — trading 19.5% above its estimated fair value. The current Shiller PE Ratio is 8.39, which is 106% above median its 10-year median of 4.08 and 54% below the Oil & Gas industry median of 18.23. North European Oil Royalty Trust's overall GF Score™ is 71/100 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 North European Oil Royalty Trust (NRT), the current Shiller PE Ratio is 8.39 as of Sep. 11, 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 North European Oil Royalty Trust (NRT) Overvalued in 2026?

Based on GuruFocus' analysis, North European Oil Royalty Trust stock appears to be overvalued. The current stock price of $9.14 is trading 19.5% above its estimated GF Value™ of $7.65. GuruFocus considers North European Oil Royalty Trust to be Modestly Overvalued.

Key valuation signals for NRT:

  • Shiller PE Ratio: 8.39 (106% above median its 10-year median of 4.08)
  • GF Value™: $7.65 vs. price of $9.14 (19.5% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 54% below the Oil & Gas median (#74 of 436)

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


North European Oil Royalty Trust Business Description

Industry EnergyOil & Gas
Address 5 N. Lincoln Street, P.O. Box 187, Keene, NH, USA, 03431
North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.
71GF Score

Get the complete analysis for NRT

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

$9.14
Price
$7.65
GF Value