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FMST (Foremost Clean Energy) E10 : $-1.14 (As of Mar. 2025)


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What is Foremost Clean Energy E10?

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.

Foremost Clean Energy's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.132. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.14 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was 5.30% 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 Foremost Clean Energy was 6.50% per year. The lowest was 5.30% per year. And the median was 5.90% per year.

As of today (2025-06-28), Foremost Clean Energy's current stock price is $3.33. Foremost Clean Energy's E10 for the quarter that ended in Mar. 2025 was $-1.14. Foremost Clean Energy's Shiller PE Ratio of today is .


Foremost Clean Energy E10 Historical Data

The historical data trend for Foremost Clean Energy'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.

* Premium members only.

Foremost Clean Energy E10 Chart

Foremost Clean Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.54 -1.63 -1.38 -1.26 -1.14

Foremost Clean Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -1.26 -1.26 -1.29 -1.16 -1.14

Competitive Comparison of Foremost Clean Energy's E10

For the Other Industrial Metals & Mining subindustry, Foremost Clean Energy'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.


Foremost Clean Energy's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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


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Foremost Clean Energy 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, Foremost Clean Energy's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.132/129.1809*129.1809
=0.132

Current CPI (Mar. 2025) = 129.1809.

Foremost Clean Energy Quarterly Data

per share eps CPI Adj_EPS
201506 -0.070 100.500 -0.090
201509 -0.028 100.421 -0.036
201512 -0.089 99.947 -0.115
201603 -0.227 101.054 -0.290
201606 -0.236 102.002 -0.299
201609 -0.381 101.765 -0.484
201612 -0.375 101.449 -0.478
201703 -0.373 102.634 -0.469
201706 -0.376 103.029 -0.471
201709 -0.407 103.345 -0.509
201712 -2.741 103.345 -3.426
201803 -0.773 105.004 -0.951
201806 -0.381 105.557 -0.466
201809 -0.162 105.636 -0.198
201812 0.035 105.399 0.043
201903 -0.748 106.979 -0.903
201906 -0.187 107.690 -0.224
201909 -0.088 107.611 -0.106
201912 -0.175 107.769 -0.210
202003 -0.358 107.927 -0.428
202006 -0.141 108.401 -0.168
202009 -0.033 108.164 -0.039
202012 -0.188 108.559 -0.224
202103 -0.398 110.298 -0.466
202106 -0.064 111.720 -0.074
202109 -0.031 112.905 -0.035
202112 -0.178 113.774 -0.202
202203 -0.608 117.646 -0.668
202206 -0.164 120.806 -0.175
202209 -0.150 120.648 -0.161
202212 0.368 120.964 0.393
202303 0.057 122.702 0.060
202306 -0.113 124.203 -0.118
202309 -0.288 125.230 -0.297
202312 -0.104 125.072 -0.107
202403 -0.229 126.258 -0.234
202406 -0.117 127.522 -0.119
202409 -0.207 127.285 -0.210
202412 -0.161 127.364 -0.163
202503 0.132 129.181 0.132

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


Foremost Clean Energy  (NAS:FMST) 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.


Foremost Clean Energy E10 Related Terms

Thank you for viewing the detailed overview of Foremost Clean Energy's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Foremost Clean Energy Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Foremost Clean Energy Ltd is an emerging North American uranium and lithium exploration company. Its uranium portfolio consists of projects at different stages of exploration from grassroots, to those with significant historical exploration and drill-ready targets. It also maintains a secondary portfolio of lithium projects at different stages of development spanning 50,000-plus acres across Manitoba and Quebec.