BMTLF (BeMetals) E10: $-0.33 (As of Mar. 2026)


BMTLF BeMetals Corp BMTLF
35 GF Score
Price $0.38
! 2 Warning Signs
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What is BeMetals E10?

BeMetals BMTLF 35 E10 is $-0.33 as of Mar. 2026. GuruFocus rates BMTLF with a GF Score™ of 35/100. The stock has 2 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.

BeMetals's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.073. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.33 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -9.50% 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 BeMetals was 20.20% per year. The lowest was -9.50% per year. And the median was -7.00% per year.

As of today (2026-06-26), BeMetals's current stock price is $0.3799. BeMetals's E10 for the quarter that ended in Mar. 2026 was $-0.33. BeMetals's Shiller PE Ratio of today is .


BeMetals  (OTCPK:BMTLF) 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.


Be Aware

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


BeMetals E10 Related Terms


BeMetals E10 Historical Data

* Premium members only.

The historical data trend for BeMetals'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.

BeMetals E10 Chart

BeMetals Annual Data
Trend Jan16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.26 0.00 -0.34 -0.39

BeMetals 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 -0.23 -0.34 0.00 -0.39 -0.33

BeMetals E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, BeMetals'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.


BeMetals Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BeMetals's Shiller PE Ratio distribution charts can be found below:

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


BMTLF
35GF Score
BeMetals Corp BMTLF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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BeMetals 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, BeMetals'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)
=-0.073/132.2623*132.2623
=-0.073

Current CPI (Mar. 2026) = 132.2623.

BeMetals Quarterly Data

per share eps CPI Adj_EPS
201604 -0.006 101.370 -0.008
201607 -0.003 101.844 -0.004
201610 -0.008 102.002 -0.010
201703 -0.075 102.634 -0.097
201706 -0.150 103.029 -0.193
201709 -0.005 103.345 -0.006
201712 0.000 103.345 0.000
201803 -0.024 105.004 -0.030
201806 -0.076 105.557 -0.095
201809 -0.012 105.636 -0.015
201812 -0.074 105.399 -0.093
201903 -0.018 106.979 -0.022
201906 -0.019 107.690 -0.023
201909 -0.017 107.611 -0.021
201912 0.000 107.769 0.000
202003 -0.040 107.927 -0.049
202006 -0.008 108.401 -0.010
202009 -0.020 108.164 -0.024
202012 0.000 108.559 0.000
202103 -0.016 110.298 -0.019
202106 -0.082 111.720 -0.097
202109 -0.030 112.905 -0.035
202112 -0.078 113.774 -0.091
202203 -0.029 117.646 -0.033
202206 0.000 120.806 0.000
202209 -0.022 120.648 -0.024
202212 -0.515 120.964 -0.563
202303 -0.023 122.702 -0.025
202306 -0.022 124.203 -0.023
202309 -0.012 125.230 -0.013
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000
202406 0.000 127.522 0.000
202409 0.000 127.285 0.000
202412 -0.028 127.364 -0.029
202503 -0.139 129.181 -0.142
202506 -0.585 129.892 -0.596
202509 0.000 130.287 0.000
202512 -0.217 130.366 -0.220
202603 -0.073 132.262 -0.073

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 $-0.33 mean?
BeMetals (BMTLF) has a E10 of $-0.33 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BeMetals and its competitors.
Is BeMetals' E10 too high?
BeMetals' current E10 is $-0.33. Overall, BeMetals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does BeMetals' E10 compare to competitors?
BeMetals' E10 of $-0.33 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 BeMetals and its competitors. BeMetals's current E10 is $-0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BeMetals stock overvalued right now?
BeMetals (BMTLF) has a current E10 of $-0.33. The current E10 is $-0.33. BeMetals' overall GF Score™ is 35/100 with 2 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 BeMetals (BMTLF), the current E10 is $-0.33 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.

BeMetals Business Description

Other Exchanges 1OI0:GermanyBMET:Canada
Address 666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
BeMetals Corp is a base and precious metals exploration and development company. The company holds option agreements to acquire up to a 72% interest in the Pangeni Copper Project on the western extension of the Zambian Copperbelt and up to a 100% interest in the Savant Gold Project in northwestern Ontario, Canada. In addition, the company owns the Kazan Gold Projects, a portfolio of four gold exploration projects in Japan, on which it has granted an option which allows the option holder to earn up to an 80% interest in these projects. The Company operates in one segment, being exploration and evaluation of mineral properties, in Canada, Zambia and Japan.
35GF Score

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