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North Energy ASAOSL:NORTH -3.53%50 Shiller PE Ratio is 35.14 as of Sep. 02, 2026, which is 50% above its 10-year median of 23.50. GuruFocus rates OSL:NORTH with a GF Score™ of 50/100 and a GF Value™ of kr4.96 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 785 Asset Management companies, North Energy ASA ranks worse than 90.32% on this metric.
As of today (2026-09-02), North Energy ASA's current share price is kr2.46. North Energy ASA's E10 for the quarter that ended in Jun. 2026 was kr0.07. North Energy ASA's Shiller PE Ratio for today is 35.14.
The historical rank and industry rank for North Energy ASA's Shiller PE Ratio or its related term are showing as below:
OSL:NORTH'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.3 Med: 23.5 Max: 93.33
Current: 35.07
During the past years, North Energy ASA's highest Shiller PE Ratio was 93.33. The lowest was 12.30. And the median was 23.50.
OSL:NORTH's Shiller PE Ratio is ranked worse than 90.32% of 785
companies
in the Asset Management industry
Industry Median: 13.06
vs OSL:NORTH: 35.07
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 Energy ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was kr0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr0.07 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
North Energy ASA (OSL:NORTH) 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 Energy ASA Shiller PE Ratio Related Terms
North Energy ASA Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for North Energy 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.
OSL:NORTH vs BLK, BX, KKR: Shiller PE Ratio Comparison
For the Asset Management subindustry, North Energy 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.
North Energy ASA Shiller PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, North Energy ASA's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where North Energy ASA's Shiller PE Ratio falls into.
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.
* 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 Energy ASA's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, North Energy ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
North Energy ASA (OSL:NORTH) has a Shiller PE Ratio of 35.14 as of Sep. 02, 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 Energy ASA and its competitors. This is 50% above median its historical median of 23.50. Over the past decade, North Energy ASA's Shiller PE Ratio has ranged from 12.30 to 93.33. According to the industry distribution chart, North Energy ASA ranks #709 out of 785 companies in the Asset Management industry, placing it in the top 90.3%.
Is North Energy ASA's Shiller PE Ratio too high?
North Energy ASA's current Shiller PE Ratio of 35.14 is 50% above median its 10-year median of 23.50. Over the past 10 years, this metric has ranged from a low of 12.30 to a high of 93.33. The Asset Management industry median Shiller PE Ratio is 13.06. North Energy ASA's value of 35.14 is 169.1% above this industry median. Based on the distribution chart, North Energy ASA ranks #709 out of 785 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, North Energy ASA has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North Energy ASA's Shiller PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, North Energy ASA ranks #709 out of 785 companies for Shiller PE Ratio. This places North Energy ASA in the lower half of its industry. The industry median Shiller PE Ratio is 13.06. North Energy ASA's value of 35.14 is 169.1% above this benchmark. Historically, North Energy ASA's own Shiller PE Ratio has ranged from 12.30 to 93.33 over the past decade. While the company's 10-year median is 23.50 vs. the industry median of 13.06, North Energy ASA has consistently been above 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 Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 13.06, based on 785 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 Energy ASA's current Shiller PE Ratio of 35.14 is 169.1% above 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 Energy ASA and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 13.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Energy ASA's current Shiller PE Ratio is 35.14, which is 50% above median its own 10-year median of 23.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Energy ASA stock overvalued right now?
Based on GuruFocus' analysis, North Energy ASA (OSL:NORTH) is currently considered Possible Value Trap. The stock's GF Value™ is kr4.96, compared to a current price of kr2.46 — trading 50.4% below its estimated fair value. The current Shiller PE Ratio is 35.14, which is 50% above median its 10-year median of 23.50 and 169.1% above the Asset Management industry median of 13.06. North Energy ASA's overall GF Score™ is 50/100 with 9 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 Energy ASA (OSL:NORTH), the current Shiller PE Ratio is 35.14 as of Sep. 02, 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 Energy ASA (OSL:NORTH) Overvalued in 2026?
Based on GuruFocus' analysis, North Energy ASA stock appears to be undervalued.
The current stock price of kr2.46 is trading 50.4% below its estimated GF Value™ of kr4.96.
GuruFocus considers North Energy ASA to be Possible Value Trap.
Key valuation signals for OSL:NORTH:
Shiller PE Ratio: 35.14 (50% above median its 10-year median of 23.50)
GF Value™: kr4.96 vs. price of kr2.46 (50.4% below fair value)
Industry Position: 169.1% above the Asset Management median (#709 of 785)
No single metric tells the full story. See the OSL:NORTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Energy ASA is an industrial holding company with a portfolio of independent investments, both listed and unlisted. The Group reports only one business segment, the investment activities. The Company evaluates companies both within the traditional energy industry, as well as emerging sectors such as renewable energy production and related activities.
50GF Score
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