ACDVF (Air Canada) E10: $-0.42 (As of Mar. 2026)


ACDVF Air Canada ACDVF
83 GF Score
Price $17.20
GF Value $16.96
Valuation Fairly Valued
! 4 Warning Signs
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What is Air Canada E10?

Air Canada ACDVF +0.94% 83 E10 is $-0.42 as of Mar. 2026. GuruFocus rates ACDVF with a GF Score™ of 83/100 and a GF Value™ of $16.96 (Fairly Valued). The stock has 4 warning signs investors should review.

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

Air Canada's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.117. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.42 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 29.00% per year. During the past 5 years, the average E10 Growth Rate was -42.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Air Canada was 47.70% per year. The lowest was -219.70% per year. And the median was 22.30% per year.

As of today (2026-06-24), Air Canada's current stock price is $17.20. Air Canada's E10 for the quarter that ended in Mar. 2026 was $-0.42. Air Canada's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Air Canada was 516.40. The lowest was 7.76. And the median was 28.86.


Air Canada  (OTCPK:ACDVF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

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

During the past 13 years, the highest Shiller P/E Ratio of Air Canada was 516.40. The lowest was 7.76. And the median was 28.86.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Air Canada E10 Related Terms


Air Canada E10 Historical Data

* Premium members only.

The historical data trend for Air Canada's E10 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.

Air Canada E10 Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.78 -1.12 -0.74 -0.41 -0.39

Air Canada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 -0.35 -0.43 -0.50 -0.39 -0.42

ACDVF vs DAL, UAL, LUV: E10 Comparison

For the Airlines subindustry, Air Canada'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.


Air Canada Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Air Canada's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Air Canada's Shiller PE Ratio falls into.


ACDVF
83GF Score
Air Canada ACDVF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Air Canada's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.117/132.2623*132.2623
=0.117

Current CPI (Mar. 2026) = 132.2623.

Air Canada Quarterly Data

per share eps CPI Adj_EPS
201606 0.512 102.002 0.664
201609 2.090 101.765 2.716
201612 -0.472 101.449 -0.615
201703 -0.037 102.634 -0.048
201706 0.850 103.029 1.091
201709 5.066 103.345 6.484
201712 0.008 103.345 0.010
201803 -0.572 105.004 -0.720
201806 -0.282 105.557 -0.353
201809 1.956 105.636 2.449
201812 -0.982 105.399 -1.232
201903 0.942 106.979 1.165
201906 0.948 107.690 1.164
201909 1.775 107.611 2.182
201912 0.440 107.769 0.540
202003 -2.865 107.927 -3.511
202006 -4.752 108.401 -5.798
202009 -1.746 108.164 -2.135
202012 -3.037 108.559 -3.700
202103 -3.103 110.298 -3.721
202106 -2.709 111.720 -3.207
202109 -1.413 112.905 -1.655
202112 -1.055 113.774 -1.226
202203 -2.148 117.646 -2.415
202206 -1.250 120.806 -1.369
202209 -1.065 120.648 -1.168
202212 0.346 120.964 0.378
202303 -0.022 122.702 -0.024
202306 1.761 124.203 1.875
202309 2.276 125.230 2.404
202312 0.306 125.072 0.324
202403 -0.163 126.258 -0.171
202406 0.759 127.522 0.787
202409 3.972 127.285 4.127
202412 -1.256 127.364 -1.304
202503 -0.279 129.181 -0.286
202506 0.373 129.892 0.380
202509 0.636 130.287 0.646
202512 0.696 130.366 0.706
202603 0.117 132.262 0.117

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $-0.42 mean?
Air Canada (ACDVF) has a E10 of $-0.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Air Canada and its competitors.
Is Air Canada's E10 too high?
Air Canada's current E10 is $-0.42. Overall, Air Canada has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's E10 compare to DAL and UAL?
Air Canada's E10 of $-0.42 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Transportation company?
A good E10 depends on the Transportation industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Air Canada and its competitors. Air Canada's current E10 is $-0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Based on GuruFocus' analysis, Air Canada (ACDVF) is currently considered Fairly Valued. The stock's GF Value™ is $16.96, compared to a current price of $17.20 — trading 1.4% above its estimated fair value. The current E10 is $-0.42. Air Canada's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Air Canada (ACDVF), the current E10 is $-0.42 as of Mar. 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 Air Canada (ACDVF) Overvalued in 2026?

Based on GuruFocus' analysis, Air Canada stock appears to be overvalued. The current stock price of $17.20 is trading 1.4% above its estimated GF Value™ of $16.96. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for ACDVF:

  • E10: $-0.42
  • GF Value™: $16.96 vs. price of $17.20 (1.4% above fair value)
  • GF Score™: 83/100 with 4 warning signs

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


Air Canada Business Description

Address 7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, Montreal, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
83GF Score

Get the complete analysis for ACDVF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.20
Price
$16.96
GF Value