ARXCY (ARC Resources) E10: $1.08 (As of Jun. 2026)

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.

ARXCY ARC Resources Ltd ARXCY
58 GF Score
Price $22.91
GF Value $22.58
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is ARC Resources E10?

ARC Resources ARXCY 58 E10 is $1.08 as of Jun. 2026. GuruFocus rates ARXCY with a GF Score™ of 58/100 and a GF Value™ of $22.58 (Fairly Valued). The stock has 8 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.

ARC Resources's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.442. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.08 for the trailing ten years ended in Jun. 2026.

During the past 12 months, ARC Resources's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 23.30% per year. During the past 5 years, the average E10 Growth Rate was 31.50% per year. During the past 10 years, the average E10 Growth Rate was -0.50% 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 ARC Resources was 37.00% per year. The lowest was -27.30% per year. And the median was -3.00% per year.

As of today (2026-08-02), ARC Resources's current stock price is $22.91. ARC Resources's E10 for the quarter that ended in Jun. 2026 was $1.08. ARC Resources's Shiller PE Ratio of today is 21.21.

During the past 13 years, the highest Shiller PE Ratio of ARC Resources was 55.87. The lowest was 5.13. And the median was 21.54.


ARC Resources  (OTCPK:ARXCY) 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.

ARC Resources's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.91/1.08
=21.21

* 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.

During the past 13 years, the highest Shiller P/E Ratio of ARC Resources was 55.87. The lowest was 5.13. And the median was 21.54.


Be Aware

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


ARC Resources E10 Related Terms


ARC Resources E10 Historical Data

* Premium members only.

The historical data trend for ARC Resources'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.

ARC Resources E10 Chart

ARC Resources 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 0.00 0.00 0.00 0.00 1.03

ARC Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 1.03 1.02 1.08

ARXCY vs COP, EOG, FANG: E10 Comparison

For the Oil & Gas E&P subindustry, ARC Resources'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.


ARC Resources Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where ARC Resources's Shiller PE Ratio falls into.


ARXCY
58GF Score
ARC Resources Ltd ARXCY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ARC Resources 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, ARC Resources'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)
=0.442/133.5265*133.5265
=0.442

Current CPI (Jun. 2026) = 133.5265.

ARC Resources Quarterly Data

per share eps CPI Adj_EPS
201609 0.061 101.765 0.080
201612 0.352 101.449 0.463
201703 0.299 102.634 0.389
201706 0.263 103.029 0.341
201709 0.114 103.345 0.147
201712 0.164 103.345 0.212
201803 0.124 105.004 0.158
201806 -0.099 105.557 -0.125
201809 0.100 105.636 0.126
201812 0.335 105.399 0.424
201903 -0.112 106.979 -0.140
201906 0.203 107.690 0.252
201909 -0.121 107.611 -0.150
201912 -0.023 107.769 -0.028
202003 -1.132 107.927 -1.400
202006 -0.089 108.401 -0.110
202009 -0.144 108.164 -0.178
202012 0.265 108.559 0.326
202103 0.398 110.298 0.482
202106 -0.139 111.720 -0.166
202109 0.055 112.905 0.065
202112 0.836 113.774 0.981
202203 -0.079 117.646 -0.090
202206 0.883 120.806 0.976
202209 0.990 120.648 1.096
202212 0.847 120.964 0.935
202303 0.680 122.702 0.740
202306 0.346 124.203 0.372
202309 0.288 125.230 0.307
202312 0.626 125.072 0.668
202403 0.229 126.258 0.242
202406 0.292 127.522 0.306
202409 0.406 127.285 0.426
202412 0.435 127.364 0.456
202503 0.481 129.181 0.497
202506 0.498 129.892 0.512
202509 0.267 130.287 0.274
202512 0.326 130.366 0.334
202603 0.751 132.262 0.758
202606 0.442 133.527 0.442

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 $1.08 mean?
ARC Resources (ARXCY) has a E10 of $1.08 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ARC Resources and its competitors.
Is ARC Resources' E10 too high?
ARC Resources' current E10 is $1.08. Overall, ARC Resources has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ARC Resources' E10 compare to COP and EOG?
ARC Resources' E10 of $1.08 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 ARC Resources and its competitors. ARC Resources's current E10 is $1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARC Resources stock overvalued right now?
Based on GuruFocus' analysis, ARC Resources (ARXCY) is currently considered Fairly Valued. The stock's GF Value™ is $22.58, compared to a current price of $22.91 — trading 1.5% above its estimated fair value. The current E10 is $1.08. ARC Resources' overall GF Score™ is 58/100 with 8 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 ARC Resources (ARXCY), the current E10 is $1.08 as of Jun. 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 ARC Resources (ARXCY) Overvalued in 2026?

Based on GuruFocus' analysis, ARC Resources stock appears to be overvalued. The current stock price of $22.91 is trading 1.5% above its estimated GF Value™ of $22.58. GuruFocus considers ARC Resources to be Fairly Valued.

Key valuation signals for ARXCY:

  • E10: $1.08
  • GF Value™: $22.58 vs. price of $22.91 (1.5% above fair value)
  • GF Score™: 58/100 with 8 warning signs

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


ARC Resources Business Description

Industry EnergyOil & Gas
Address 308 - 4th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 0H7
Arc Resources is a natural gas and condensate-focused producer in the Western Canada Sedimentary Basin. Its most valuable product by revenue, condensate, is a necessary feedstock for the oil industry. Natural gas is the largest product by volume, and the firm actively markets it through pipeline and liquefied natural gas agreements, seeking to limit in-basin pricing. It also operates its own processing assets. In 2024, production was 348 thousand barrels of oil equivalent per day.
58GF Score

Get the complete analysis for ARXCY

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

$22.91
Price
$22.58
GF Value