Capital Power (FRA:2CP) E10: €1.32 (As of Mar. 2026)


FRA:2CP Capital Power Corp FRA:2CP
70 GF Score
Price €46.00
GF Value €24.77
Valuation Significantly Overvalued
! 15 Warning Signs
View Full Analysis

What is Capital Power E10?

Capital Power FRA:2CP +1.77% 70 E10 is €1.32 as of Mar. 2026. GuruFocus rates FRA:2CP with a GF Score™ of 70/100 and a GF Value™ of €24.77 (Significantly Overvalued). The stock has 15 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.

Capital Power's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.025. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Capital Power's average E10 Growth Rate was 0.50% per year. During the past 3 years, the average E10 Growth Rate was 21.40% per year. During the past 5 years, the average E10 Growth Rate was 16.30% 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 Capital Power was 23.80% per year. The lowest was 3.60% per year. And the median was 16.20% per year.

As of today (2026-06-24), Capital Power's current stock price is €46.00. Capital Power's E10 for the quarter that ended in Mar. 2026 was €1.32. Capital Power's Shiller PE Ratio of today is 34.85.

During the past 13 years, the highest Shiller PE Ratio of Capital Power was 40.32. The lowest was 20.60. And the median was 29.39.


Capital Power  (FRA:2CP) 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.

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

Shiller PE Ratio=Share Price/E10
=46.00/1.32
=34.85

* 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 Capital Power was 40.32. The lowest was 20.60. And the median was 29.39.


Be Aware

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


Capital Power E10 Related Terms


Capital Power E10 Historical Data

* Premium members only.

The historical data trend for Capital Power'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.

Capital Power E10 Chart

Capital Power 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 0.75 0.82 1.05 1.38 1.32

Capital Power 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 1.37 1.34 1.30 1.32 1.32

FRA:2CP vs CEG, VST, NRG: E10 Comparison

For the Utilities - Independent Power Producers subindustry, Capital Power'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.


Capital Power Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's Shiller PE Ratio distribution charts can be found below:

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


FRA:2CP
70GF Score
Capital Power Corp FRA:2CP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Power 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, Capital Power'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)
=0.025/132.2623*132.2623
=0.025

Current CPI (Mar. 2026) = 132.2623.

Capital Power Quarterly Data

per share eps CPI Adj_EPS
201606 0.131 102.002 0.170
201609 0.428 101.765 0.556
201612 0.142 101.449 0.185
201703 0.300 102.634 0.387
201706 0.690 103.029 0.886
201709 -0.089 103.345 -0.114
201712 -0.152 103.345 -0.195
201803 0.188 105.004 0.237
201806 0.359 105.557 0.450
201809 0.053 105.636 0.066
201812 0.805 105.399 1.010
201903 0.324 106.979 0.401
201906 0.613 107.690 0.753
201909 -1.543 107.611 -1.896
201912 1.107 107.769 1.359
202003 -0.071 107.927 -0.087
202006 0.059 108.401 0.072
202009 0.571 108.164 0.698
202012 -0.064 108.559 -0.078
202103 0.555 110.298 0.666
202106 0.034 111.720 0.040
202109 0.154 112.905 0.180
202112 -0.491 113.774 -0.571
202203 0.689 117.646 0.775
202206 0.436 120.806 0.477
202209 0.151 120.648 0.166
202212 -0.632 120.964 -0.691
202303 1.625 122.702 1.752
202306 0.465 124.203 0.495
202309 1.565 125.230 1.653
202312 0.499 125.072 0.528
202403 1.067 126.258 1.118
202406 0.346 127.522 0.359
202409 0.878 127.285 0.912
202412 1.186 127.364 1.232
202503 0.664 129.181 0.680
202506 -0.584 129.892 -0.595
202509 0.579 130.287 0.588
202512 -0.074 130.366 -0.075
202603 0.025 132.262 0.025

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 €1.32 mean?
Capital Power (FRA:2CP) has a E10 of €1.32 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Capital Power and its competitors.
Is Capital Power's E10 too high?
Capital Power's current E10 is €1.32. Overall, Capital Power has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Power's E10 compare to CEG and VST?
Capital Power's E10 of €1.32 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Capital Power and its competitors. Capital Power's current E10 is €1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Power stock overvalued right now?
Based on GuruFocus' analysis, Capital Power (FRA:2CP) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.77, compared to a current price of €46.00 — trading 85.7% above its estimated fair value. The current E10 is €1.32. Capital Power's overall GF Score™ is 70/100 with 15 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 Capital Power (FRA:2CP), the current E10 is €1.32 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 Capital Power (FRA:2CP) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Power stock appears to be overvalued. The current stock price of €46.00 is trading 85.7% above its estimated GF Value™ of €24.77. GuruFocus considers Capital Power to be Significantly Overvalued.

Key valuation signals for FRA:2CP:

  • E10: €1.32
  • GF Value™: €24.77 vs. price of €46.00 (85.7% above fair value)
  • GF Score™: 70/100 with 15 warning signs

No single metric tells the full story. See the FRA:2CP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capital Power Business Description

Address 10423 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for its electric capacity and cash flow production. The company generates the vast majority of its revenue from sale of electricity and natural gas. The company's customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.
70GF Score

Get the complete analysis for FRA:2CP

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

€46.00
Price
€24.77
GF Value