CESDF (CES Energy Solutions) E10: $0.18 (As of Mar. 2026)

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CESDF CES Energy Solutions Corp CESDF
70 GF Score
Price $13.50
GF Value $6.73
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is CES Energy Solutions E10?

CES Energy Solutions CESDF +15.19% 70 E10 is $0.18 as of Mar. 2026. GuruFocus rates CESDF with a GF Score™ of 70/100 and a GF Value™ of $6.73 (Significantly Overvalued). The stock has 1 warning sign 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.

CES Energy Solutions's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.175. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CES Energy Solutions's average E10 Growth Rate was 212.50% 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 CES Energy Solutions was 4.00% per year. The lowest was 3.60% per year. And the median was 3.80% per year.

As of today (2026-08-08), CES Energy Solutions's current stock price is $13.50. CES Energy Solutions's E10 for the quarter that ended in Mar. 2026 was $0.18. CES Energy Solutions's Shiller PE Ratio of today is 75.00.

During the past 13 years, the highest Shiller PE Ratio of CES Energy Solutions was 387.00. The lowest was 5.80. And the median was 72.44.


CES Energy Solutions  (OTCPK:CESDF) 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.

CES Energy Solutions's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.50/0.18
=75.00

* 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 CES Energy Solutions was 387.00. The lowest was 5.80. And the median was 72.44.


Be Aware

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


CES Energy Solutions E10 Related Terms


CES Energy Solutions E10 Historical Data

* Premium members only.

The historical data trend for CES Energy Solutions'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.

CES Energy Solutions E10 Chart

CES Energy Solutions 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 -0.02 -0.01 0.02 0.05 0.15

CES Energy Solutions 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 0.07 0.08 0.15 0.18

CESDF vs SLB, BKR, FTI: E10 Comparison

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions'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.


CES Energy Solutions Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where CES Energy Solutions's Shiller PE Ratio falls into.


CESDF
70GF Score
CES Energy Solutions Corp CESDF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CES Energy Solutions 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, CES Energy Solutions'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)
=0.175/132.2623*132.2623
=0.175

Current CPI (Mar. 2026) = 132.2623.

CES Energy Solutions Quarterly Data

per share eps CPI Adj_EPS
201606 -0.085 102.002 -0.110
201609 -0.031 101.765 -0.040
201612 -0.007 101.449 -0.009
201703 0.022 102.634 0.028
201706 0.015 103.029 0.019
201709 0.057 103.345 0.073
201712 0.008 103.345 0.010
201803 0.039 105.004 0.049
201806 0.038 105.557 0.048
201809 0.015 105.636 0.019
201812 0.037 105.399 0.046
201903 0.007 106.979 0.009
201906 0.023 107.690 0.028
201909 0.023 107.611 0.028
201912 0.030 107.769 0.037
202003 -0.616 107.927 -0.755
202006 -0.066 108.401 -0.081
202009 -0.038 108.164 -0.046
202012 0.117 108.559 0.143
202103 0.016 110.298 0.019
202106 0.025 111.720 0.030
202109 0.039 112.905 0.046
202112 0.070 113.774 0.081
202203 0.032 117.646 0.036
202206 0.062 120.806 0.068
202209 0.067 120.648 0.073
202212 0.110 120.964 0.120
202303 0.095 122.702 0.102
202306 0.098 124.203 0.104
202309 0.111 125.230 0.117
202312 0.149 125.072 0.158
202403 0.170 126.258 0.178
202406 0.146 127.522 0.151
202409 0.148 127.285 0.154
202412 0.126 127.364 0.131
202503 0.132 129.181 0.135
202506 0.168 129.892 0.171
202509 0.130 130.287 0.132
202512 0.225 130.366 0.228
202603 0.175 132.262 0.175

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 $0.18 mean?
CES Energy Solutions (CESDF) has a E10 of $0.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CES Energy Solutions and its competitors.
Is CES Energy Solutions' E10 too high?
CES Energy Solutions' current E10 is $0.18. Overall, CES Energy Solutions has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CES Energy Solutions' E10 compare to SLB and BKR?
CES Energy Solutions' E10 of $0.18 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 CES Energy Solutions and its competitors. CES Energy Solutions's current E10 is $0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, CES Energy Solutions (CESDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.73, compared to a current price of $13.50 — trading 100.6% above its estimated fair value. The current E10 is $0.18. CES Energy Solutions' overall GF Score™ is 70/100 with 1 warning sign 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 CES Energy Solutions (CESDF), the current E10 is $0.18 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 CES Energy Solutions (CESDF) Overvalued in 2026?

Based on GuruFocus' analysis, CES Energy Solutions stock appears to be overvalued. The current stock price of $13.50 is trading 100.6% above its estimated GF Value™ of $6.73. GuruFocus considers CES Energy Solutions to be Significantly Overvalued.

Key valuation signals for CESDF:

  • E10: $0.18
  • GF Value™: $6.73 vs. price of $13.50 (100.6% above fair value)
  • GF Score™: 70/100 with 1 warning sign

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


CES Energy Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges 7C4:GermanyCEU:Canada
Address 332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2
CES Energy Solutions Corp business is to design, implement, and manufacture consumable fluids and specialty chemicals for the North American oil and gas industry. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.
70GF Score

Get the complete analysis for CESDF

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

$13.50
Price
$6.73
GF Value