Orkla ASA (OSL:ORK) Shiller PE Ratio: 14.91 (As of Sep. 08, 2026) — 42% Below 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.

OSL:ORK Orkla ASA OSL:ORK
88 GF Score
Price kr92.30
GF Value kr104.79
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Orkla ASA Shiller PE Ratio?

Orkla ASA OSL:ORK -1.02% 88 Shiller PE Ratio is 14.91 as of Sep. 08, 2026, which is 42% below its 10-year median of 25.63. GuruFocus rates OSL:ORK with a GF Score™ of 88/100 and a GF Value™ of kr104.79 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,127 Consumer Packaged Goods companies, Orkla ASA ranks better than 58.21% on this metric.

As of today (2026-09-08), Orkla ASA's current share price is kr92.30. Orkla ASA's E10 for the quarter that ended in Jun. 2026 was kr6.19. Orkla ASA's Shiller PE Ratio for today is 14.91.

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

OSL:ORK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.04   Med: 25.63   Max: 56.58
Current: 15.06

During the past years, Orkla ASA's highest Shiller PE Ratio was 56.58. The lowest was 15.04. And the median was 25.63.

OSL:ORK's Shiller PE Ratio is ranked better than
58.21% of 1127 companies
in the Consumer Packaged Goods industry
Industry Median: 17.75 vs OSL:ORK: 15.06

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.

Orkla ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was kr1.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr6.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orkla ASA  (OSL:ORK) 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.


Orkla ASA Shiller PE Ratio Related Terms


Orkla ASA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Orkla 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.

Orkla ASA Shiller PE Ratio Chart

Orkla 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 24.94 17.52 16.89 19.07 18.66

Orkla 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 18.77 17.62 18.66 19.84 16.83

OSL:ORK vs KHC, GIS, MKC: Shiller PE Ratio Comparison

For the Packaged Foods subindustry, Orkla 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.


Orkla ASA Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Shiller PE Ratio distribution charts can be found below:

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


OSL:ORK
88GF Score
Orkla ASA OSL:ORK
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orkla 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.

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

Shiller PE Ratio=Share Price/ E10
=92.30/6.19
=14.91

* 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.

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

For example, Orkla 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)
=1.7/141.5800*141.5800
=1.700

Current CPI (Jun. 2026) = 141.5800.

Orkla ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.050 104.200 1.427
201612 1.100 104.400 1.492
201703 1.080 105.000 1.456
201706 1.010 105.800 1.352
201709 0.980 105.900 1.310
201712 1.000 106.100 1.334
201803 0.680 107.300 0.897
201806 0.820 108.500 1.070
201809 1.010 109.500 1.306
201812 0.740 109.800 0.954
201903 0.740 110.400 0.949
201906 0.900 110.600 1.152
201909 0.920 111.100 1.172
201912 1.280 111.300 1.628
202003 0.920 111.200 1.171
202006 0.950 112.100 1.200
202009 1.360 112.900 1.705
202012 1.140 112.900 1.430
202103 1.150 114.600 1.421
202106 1.040 115.300 1.277
202109 1.310 117.500 1.578
202112 1.320 118.900 1.572
202203 1.090 119.800 1.288
202206 1.280 122.600 1.478
202209 1.500 125.600 1.691
202212 1.160 125.900 1.304
202303 1.280 127.600 1.420
202306 1.380 130.400 1.498
202309 1.560 129.800 1.702
202312 1.000 131.900 1.073
202403 1.470 132.600 1.570
202406 2.040 133.800 2.159
202409 1.180 133.700 1.250
202412 1.360 134.800 1.428
202503 1.790 136.100 1.862
202506 6.220 137.800 6.391
202509 1.570 138.500 1.605
202512 1.890 139.100 1.924
202603 1.710 141.030 1.717
202606 1.700 141.580 1.700

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 14.91 mean?
Orkla ASA (OSL:ORK) has a Shiller PE Ratio of 14.91 as of Sep. 08, 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 Orkla ASA and its competitors. This is 42% below median its historical median of 25.63. Over the past decade, Orkla ASA's Shiller PE Ratio has ranged from 15.04 to 56.58. According to the industry distribution chart, Orkla ASA ranks #471 out of 1127 companies in the Consumer Packaged Goods industry, placing it in the top 41.8%.
Is Orkla ASA's Shiller PE Ratio too high?
Orkla ASA's current Shiller PE Ratio of 14.91 is 42% below median its 10-year median of 25.63. Over the past 10 years, this metric has ranged from a low of 15.04 to a high of 56.58. The Consumer Packaged Goods industry median Shiller PE Ratio is 17.75. Orkla ASA's value of 14.91 is 16% below this industry median. Based on the distribution chart, Orkla ASA ranks #471 out of 1127 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Orkla ASA has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orkla ASA's Shiller PE Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Orkla ASA ranks #471 out of 1127 companies for Shiller PE Ratio. This puts Orkla ASA in the upper half of its industry. The industry median Shiller PE Ratio is 17.75. Orkla ASA's value of 14.91 is 16% below this benchmark. Historically, Orkla ASA's own Shiller PE Ratio has ranged from 15.04 to 56.58 over the past decade. While the company's 10-year median is 25.63 vs. the industry median of 17.75, Orkla 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 a Consumer Packaged Goods company?
The median Shiller PE Ratio among Consumer Packaged Goods companies is 17.75, based on 1,127 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. Orkla ASA's current Shiller PE Ratio of 14.91 is 16% 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 Orkla ASA and its competitors. For the Consumer Packaged Goods industry, the median Shiller PE Ratio is 17.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orkla ASA's current Shiller PE Ratio is 14.91, which is 42% below median its own 10-year median of 25.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orkla ASA stock overvalued right now?
Based on GuruFocus' analysis, Orkla ASA (OSL:ORK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr104.79, compared to a current price of kr92.30 — trading 11.9% below its estimated fair value. The current Shiller PE Ratio is 14.91, which is 42% below median its 10-year median of 25.63 and 16% below the Consumer Packaged Goods industry median of 17.75. Orkla ASA's overall GF Score™ is 88/100 with 2 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 Orkla ASA (OSL:ORK), the current Shiller PE Ratio is 14.91 as of Sep. 08, 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 Orkla ASA (OSL:ORK) Overvalued in 2026?

Based on GuruFocus' analysis, Orkla ASA stock appears to be undervalued. The current stock price of kr92.30 is trading 11.9% below its estimated GF Value™ of kr104.79. GuruFocus considers Orkla ASA to be Modestly Undervalued.

Key valuation signals for OSL:ORK:

  • Shiller PE Ratio: 14.91 (42% below median its 10-year median of 25.63)
  • GF Value™: kr104.79 vs. price of kr92.30 (11.9% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 16% below the Consumer Packaged Goods median (#471 of 1127)

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


Orkla ASA Business Description

Address Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its segments include Orkla Foods, Orkla Food Ingredients, Orkla Snacks, Orkla Health, Orkla India, Orkla Home & Personal Care, The European Pizza, Orkla House Care, Health and Sports Nutrition Group, Pierre Robert Group, and Lilleborg. It generates the majority of its revenue from Norway.
88GF Score

Get the complete analysis for OSL:ORK

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

kr92.30
Price
kr104.79
GF Value