Badlands Resources (FRA:2KV) E10: €-1.14 (As of Dec. 2025)


FRA:2KV Badlands Resources Inc FRA:2KV
31 GF Score
Price €0.18
! 3 Warning Signs
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What is Badlands Resources E10?

Badlands Resources FRA:2KV -6.19% 31 E10 is €-1.14 as of Dec. 2025. GuruFocus rates FRA:2KV with a GF Score™ of 31/100. The stock has 3 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.

Badlands Resources's adjusted earnings per share data for the three months ended in Dec. 2025 was €-0.065. 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 Dec. 2025.

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 Badlands Resources was 28.30% per year. The lowest was 28.30% per year. And the median was 28.30% per year.

As of today (2026-07-02), Badlands Resources's current stock price is €0.182. Badlands Resources's E10 for the quarter that ended in Dec. 2025 was €-1.14. Badlands Resources's Shiller PE Ratio of today is .


Badlands Resources  (FRA:2KV) 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.


Badlands Resources E10 Related Terms


Badlands Resources E10 Historical Data

* Premium members only.

The historical data trend for Badlands Resources'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.

Badlands Resources E10 Chart

Badlands Resources 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 0.00 0.00 -2.08 -1.54 -1.24

Badlands Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -1.10 -1.24 -1.29 -1.21 -1.14

FRA:2KV vs NEM, AU: E10 Comparison

For the Gold subindustry, Badlands Resources'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.


Badlands Resources Shiller PE Ratio vs Metals & Mining Industry

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

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


FRA:2KV
31GF Score
Badlands Resources Inc FRA:2KV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Badlands Resources 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, Badlands Resources's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.065/130.3661*130.3661
=-0.065

Current CPI (Dec. 2025) = 130.3661.

Badlands Resources Quarterly Data

per share eps CPI Adj_EPS
201603 -0.238 101.054 -0.307
201606 -0.725 102.002 -0.927
201609 -4.520 101.765 -5.790
201612 -0.081 101.449 -0.104
201703 0.000 102.634 0.000
201706 -0.082 103.029 -0.104
201709 -0.120 103.345 -0.151
201712 -0.232 103.345 -0.293
201803 -0.439 105.004 -0.545
201806 -0.228 105.557 -0.282
201809 -0.077 105.636 -0.095
201812 -0.066 105.399 -0.082
201903 -0.463 106.979 -0.564
201906 -0.082 107.690 -0.099
201909 -0.063 107.611 -0.076
201912 -0.158 107.769 -0.191
202003 -0.227 107.927 -0.274
202006 -0.057 108.401 -0.069
202009 -0.045 108.164 -0.054
202012 -0.049 108.559 -0.059
202103 0.000 110.298 0.000
202106 -0.047 111.720 -0.055
202109 -0.050 112.905 -0.058
202112 -0.049 113.774 -0.056
202203 0.000 117.646 0.000
202206 0.000 120.806 0.000
202209 -0.052 120.648 -0.056
202212 -0.049 120.964 -0.053
202303 -0.096 122.702 -0.102
202306 -0.024 124.203 -0.025
202309 -0.041 125.230 -0.043
202312 -0.048 125.072 -0.050
202403 -0.048 126.258 -0.050
202406 -0.047 127.522 -0.048
202409 -0.047 127.285 -0.048
202412 -0.070 127.364 -0.072
202503 -2.188 129.181 -2.208
202506 -0.044 129.892 -0.044
202509 -0.065 130.287 -0.065
202512 -0.065 130.366 -0.065

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 €-1.14 mean?
Badlands Resources (FRA:2KV) has a E10 of €-1.14 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Badlands Resources and its competitors.
Is Badlands Resources' E10 too high?
Badlands Resources' current E10 is €-1.14. Overall, Badlands Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Badlands Resources' E10 compare to NEM and AU?
Badlands Resources' E10 of €-1.14 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 Badlands Resources and its competitors. Badlands Resources's current E10 is €-1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badlands Resources stock overvalued right now?
Badlands Resources (FRA:2KV) has a current E10 of €-1.14. The current E10 is €-1.14. Badlands Resources' overall GF Score™ is 31/100 with 3 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 Badlands Resources (FRA:2KV), the current E10 is €-1.14 as of Dec. 2025. 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.

Badlands Resources Business Description

Other Exchanges BDLND:USABLDS:Canada
Address 200 Burrard Street, Suite 1615, Vancouver, BC, CAN, V6C 3L6
Badlands Resources Inc is an exploration-stage company. It is an advanced explorer with a focus on the development of the high-grade Rochford Gold Project in the Black Hills of South Dakota, United States.
31GF Score

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

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