TGSNF (TGS ASA) Shiller PE Ratio: 41.89 (As of Aug. 20, 2026) — 67% Above Median

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TGSNF TGS ASA TGSNF
79 GF Score
Price $15.50
GF Value $11.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is TGS ASA Shiller PE Ratio?

TGS ASA TGSNF 79 Shiller PE Ratio is 41.89 as of Aug. 20, 2026, which is 67% above its 10-year median of 25.09. GuruFocus rates TGSNF with a GF Score™ of 79/100 and a GF Value™ of $11.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 435 Oil & Gas companies, TGS ASA ranks worse than 82.3% on this metric.

As of today (2026-08-20), TGS ASA's current share price is $15.4988. TGS ASA's E10 for the quarter that ended in Jun. 2026 was $0.37. TGS ASA's Shiller PE Ratio for today is 41.89.

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

TGSNF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.73   Med: 25.09   Max: 48.45
Current: 43.05

During the past years, TGS ASA's highest Shiller PE Ratio was 48.45. The lowest was 10.73. And the median was 25.09.

TGSNF's Shiller PE Ratio is ranked worse than
82.3% of 435 companies
in the Oil & Gas industry
Industry Median: 17.78 vs TGSNF: 43.05

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.

TGS ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TGS ASA  (OTCPK:TGSNF) 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.


TGS ASA Shiller PE Ratio Related Terms


TGS ASA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for TGS 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.

TGS ASA Shiller PE Ratio Chart

TGS 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 13.11 23.86 34.11 40.49 27.09

TGS 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 42.02 38.35 27.09 36.33 35.11

TGSNF vs SLB, BKR, FTI: Shiller PE Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, TGS 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.


TGS ASA Shiller PE Ratio vs Oil & Gas Industry

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

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


TGSNF
79GF Score
TGS ASA TGSNF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TGS 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.

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

Shiller PE Ratio=Share Price/ E10
=15.4988/0.37
=41.89

* 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.

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

For example, TGS 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)
=0.2/333.9520*333.9520
=0.200

Current CPI (Jun. 2026) = 333.9520.

TGS ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.020 241.428 0.028
201612 0.294 241.432 0.407
201703 0.020 243.801 0.027
201706 0.090 244.955 0.123
201709 0.090 246.819 0.122
201712 0.530 246.524 0.718
201803 -0.040 249.554 -0.054
201806 0.230 251.989 0.305
201809 0.320 252.439 0.423
201812 1.210 251.233 1.608
201903 0.040 254.202 0.053
201906 -0.020 256.143 -0.026
201909 0.360 256.759 0.468
201912 0.630 256.974 0.819
202003 -0.260 258.115 -0.336
202006 -0.670 257.797 -0.868
202009 -0.600 260.280 -0.770
202012 0.100 260.474 0.128
202103 0.110 264.877 0.139
202106 -0.140 271.696 -0.172
202109 0.030 274.310 0.037
202112 -0.660 278.802 -0.791
202203 0.180 287.504 0.209
202206 0.220 296.311 0.248
202209 -0.020 296.808 -0.023
202212 0.360 296.797 0.405
202303 -0.070 301.836 -0.077
202306 0.180 305.109 0.197
202309 0.130 307.789 0.141
202312 -0.070 306.746 -0.076
202403 -0.130 312.332 -0.139
202406 0.270 314.175 0.287
202409 0.190 315.301 0.201
202412 0.190 315.605 0.201
202503 0.050 319.799 0.052
202506 -0.310 322.561 -0.321
202509 0.310 324.800 0.319
202512 0.030 324.054 0.031
202603 -0.050 330.213 -0.051
202606 0.200 333.952 0.200

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 41.89 mean?
TGS ASA (TGSNF) has a Shiller PE Ratio of 41.89 as of Aug. 20, 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 TGS ASA and its competitors. This is 67% above median its historical median of 25.09. Over the past decade, TGS ASA's Shiller PE Ratio has ranged from 10.73 to 48.45. According to the industry distribution chart, TGS ASA ranks #358 out of 435 companies in the Oil & Gas industry, placing it in the top 82.3%.
Is TGS ASA's Shiller PE Ratio too high?
TGS ASA's current Shiller PE Ratio of 41.89 is 67% above median its 10-year median of 25.09. Over the past 10 years, this metric has ranged from a low of 10.73 to a high of 48.45. The Oil & Gas industry median Shiller PE Ratio is 17.78. TGS ASA's value of 41.89 is 135.6% above this industry median. Based on the distribution chart, TGS ASA ranks #358 out of 435 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TGS ASA has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS ASA's Shiller PE Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, TGS ASA ranks #358 out of 435 companies for Shiller PE Ratio. This places TGS ASA in the lower half of its industry. The industry median Shiller PE Ratio is 17.78. TGS ASA's value of 41.89 is 135.6% above this benchmark. Historically, TGS ASA's own Shiller PE Ratio has ranged from 10.73 to 48.45 over the past decade. While the company's 10-year median is 25.09 vs. the industry median of 17.78, TGS 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 Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 17.78, based on 435 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. TGS ASA's current Shiller PE Ratio of 41.89 is 135.6% 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 TGS ASA and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 17.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGS ASA's current Shiller PE Ratio is 41.89, which is 67% above median its own 10-year median of 25.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGS ASA stock overvalued right now?
Based on GuruFocus' analysis, TGS ASA (TGSNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.10, compared to a current price of $15.50 — trading 39.6% above its estimated fair value. The current Shiller PE Ratio is 41.89, which is 67% above median its 10-year median of 25.09 and 135.6% above the Oil & Gas industry median of 17.78. TGS ASA's overall GF Score™ is 79/100 with 7 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 TGS ASA (TGSNF), the current Shiller PE Ratio is 41.89 as of Aug. 20, 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 TGS ASA (TGSNF) Overvalued in 2026?

Based on GuruFocus' analysis, TGS ASA stock appears to be overvalued. The current stock price of $15.50 is trading 39.6% above its estimated GF Value™ of $11.10. GuruFocus considers TGS ASA to be Significantly Overvalued.

Key valuation signals for TGSNF:

  • Shiller PE Ratio: 41.89 (67% above median its 10-year median of 25.09)
  • GF Value™: $11.10 vs. price of $15.50 (39.6% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 135.6% above the Oil & Gas median (#358 of 435)

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


TGS ASA Business Description

Industry EnergyOil & Gas
Address 10451 Clay Road, Houston, TX, USA, 77041
TGS ASA provides energy data and related services, offering technology and solutions that support decision-making across the energy value chain, including exploration and production activities. The company's business activities are organized in the following segments: Multi-client, Marine Data Acquisition (MDA), Imaging, New Energy Solutions (NES), and Shared Services. The majority of the company's revenue is derived from the Multi-client sales segment, which initiates, acquires, processes, markets and sells energy data to multiple customers on a non-exclusive basis. Geographically, it generates the maximum revenue from Africa and the Middle East.
79GF Score

Get the complete analysis for TGSNF

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

$15.50
Price
$11.10
GF Value