BIRMF (Biorem) E10: $0.07 (As of Mar. 2026)


BIRMF Biorem Inc BIRMF
88 GF Score
Price $2.19
GF Value $1.93
Valuation Modestly Overvalued
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What is Biorem E10?

Biorem BIRMF +0.39% 88 E10 is $0.07 as of Mar. 2026. GuruFocus rates BIRMF with a GF Score™ of 88/100 and a GF Value™ of $1.93 (Modestly Overvalued).

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.

Biorem's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Biorem's average E10 Growth Rate was 25.00% per year. During the past 3 years, the average E10 Growth Rate was 49.40% 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 Biorem was 100.00% per year. The lowest was 16.40% per year. And the median was 38.65% per year.

As of today (2026-07-03), Biorem's current stock price is $2.19. Biorem's E10 for the quarter that ended in Mar. 2026 was $0.07. Biorem's Shiller PE Ratio of today is 31.29.

During the past 13 years, the highest Shiller PE Ratio of Biorem was 95.00. The lowest was 22.25. And the median was 31.67.


Biorem  (OTCPK:BIRMF) 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.

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

Shiller PE Ratio=Share Price/E10
=2.19/0.07
=31.29

* 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 Biorem was 95.00. The lowest was 22.25. And the median was 31.67.


Be Aware

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


Biorem E10 Related Terms


Biorem E10 Historical Data

* Premium members only.

The historical data trend for Biorem'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.

Biorem E10 Chart

Biorem 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 0.01 0.02 0.03 0.06 0.07

Biorem 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 0.06 0.06 0.06 0.07 0.07

BIRMF vs VLTO, ZWS, CECO: E10 Comparison

For the Pollution & Treatment Controls subindustry, Biorem'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.


Biorem Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Biorem's Shiller PE Ratio distribution charts can be found below:

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


BIRMF
88GF Score
Biorem Inc BIRMF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Biorem 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, Biorem'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)
=0.008/132.2600*132.2600
=0.008

Current CPI (Mar. 2026) = 132.2600.

Biorem Quarterly Data

per share eps CPI Adj_EPS
201606 -0.008 102.002 -0.010
201609 0.008 101.765 0.010
201612 0.000 101.449 0.000
201703 0.001 102.634 0.001
201706 -0.001 103.029 -0.001
201709 0.008 103.345 0.010
201712 0.023 103.345 0.029
201803 -0.003 105.004 -0.004
201806 0.005 105.557 0.006
201809 0.008 105.636 0.010
201812 0.082 105.399 0.103
201903 -0.002 106.979 -0.002
201906 0.005 107.690 0.006
201909 0.015 107.611 0.018
201912 -0.038 107.769 -0.047
202003 0.007 107.927 0.009
202006 0.007 108.401 0.009
202009 0.003 108.164 0.004
202012 0.020 108.559 0.024
202103 -0.008 110.298 -0.010
202106 0.006 111.720 0.007
202109 -0.002 112.905 -0.002
202112 0.037 113.774 0.043
202203 -0.006 117.646 -0.007
202206 0.008 120.806 0.009
202209 0.030 120.648 0.033
202212 0.037 120.964 0.040
202303 -0.026 122.702 -0.028
202306 -0.005 124.203 -0.005
202309 0.022 125.230 0.023
202312 0.104 125.072 0.110
202403 0.014 126.258 0.015
202406 0.013 127.522 0.013
202409 0.087 127.285 0.090
202412 0.004 127.364 0.004
202503 0.001 129.181 0.001
202506 0.029 129.892 0.030
202509 0.045 130.290 0.046
202512 0.113 130.370 0.115
202603 0.008 132.260 0.008

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 $0.07 mean?
Biorem (BIRMF) has a E10 of $0.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Biorem and its competitors.
Is Biorem's E10 too high?
Biorem's current E10 is $0.07. Overall, Biorem has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Biorem's E10 compare to VLTO and ZWS?
Biorem's E10 of $0.07 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Biorem and its competitors. Biorem's current E10 is $0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biorem stock overvalued right now?
Based on GuruFocus' analysis, Biorem (BIRMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.93, compared to a current price of $2.19 — trading 13.5% above its estimated fair value. The current E10 is $0.07. Biorem's overall GF Score™ is 88/100. 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 Biorem (BIRMF), the current E10 is $0.07 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 Biorem (BIRMF) Overvalued in 2026?

Based on GuruFocus' analysis, Biorem stock appears to be overvalued. The current stock price of $2.19 is trading 13.5% above its estimated GF Value™ of $1.93. GuruFocus considers Biorem to be Modestly Overvalued.

Key valuation signals for BIRMF:

  • E10: $0.07
  • GF Value™: $1.93 vs. price of $2.19 (13.5% above fair value)
  • GF Score™: 88/100

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


Biorem Business Description

Other Exchanges R6D:GermanyBRM:Canada
Address 7496 Wellington Road 34, RR Number 3, Puslinch, Guelph, ON, CAN, N1H 6H9
Biorem Inc is an environmental biotechnology company. It is involved in the manufacturing of a comprehensive line of high efficiency air pollution control systems that are used to eliminate odorous and harmful contaminants. The company's products include Biofilters, Biogas Solutions, Multi-Stage Systems, Biotrickling filters, and services such as Media Sampling and Analysis, Biological processes and testing, Media replacements and Spare parts, and other related services. The company derives revenues from the sale of standard products, construction projects for specialized products, and services for repairs and maintenance. The group has a business presence in Canada, the United States, China and others, of which key revenue is derived from the United States.
88GF Score

Get the complete analysis for BIRMF

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

$2.19
Price
$1.93
GF Value