Baytex Energy (FRA:B5X) E10: €-0.25 (As of Jun. 2026)

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FRA:B5X Baytex Energy Corp FRA:B5X
39 GF Score
Price €3.54
GF Value €0.91
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Baytex Energy E10?

Baytex Energy FRA:B5X +1.40% 39 E10 is €-0.25 as of Jun. 2026. GuruFocus rates FRA:B5X with a GF Score™ of 39/100 and a GF Value™ of €0.91 (Significantly Overvalued). The stock has 5 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.

Baytex Energy's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.148. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.25 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 22.50% per year. During the past 5 years, the average E10 Growth Rate was 5.50% 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 Baytex Energy was 79.50% per year. The lowest was -110.50% per year. And the median was 2.00% per year.

As of today (2026-08-08), Baytex Energy's current stock price is €3.542. Baytex Energy's E10 for the quarter that ended in Jun. 2026 was €-0.25. Baytex Energy's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Baytex Energy was 369.00. The lowest was 6.97. And the median was 11.30.


Baytex Energy  (FRA:B5X) 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.

During the past 13 years, the highest Shiller P/E Ratio of Baytex Energy was 369.00. The lowest was 6.97. And the median was 11.30.


Be Aware

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


Baytex Energy E10 Related Terms


Baytex Energy E10 Historical Data

* Premium members only.

The historical data trend for Baytex 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.

Baytex Energy E10 Chart

Baytex Energy 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 -0.58 -0.68 -0.86 -0.69 -0.28

Baytex Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.61 -0.40 -0.28 -0.31 -0.25

FRA:B5X vs COP, EOG, FANG: E10 Comparison

For the Oil & Gas E&P subindustry, Baytex 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.


Baytex Energy Shiller PE Ratio vs Oil & Gas Industry

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

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


FRA:B5X
39GF Score
Baytex Energy Corp FRA:B5X
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baytex 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, Baytex Energy's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.148/133.5265*133.5265
=0.148

Current CPI (Jun. 2026) = 133.5265.

Baytex Energy Quarterly Data

per share eps CPI Adj_EPS
201609 -0.129 101.765 -0.169
201612 -1.201 101.449 -1.581
201703 0.035 102.634 0.046
201706 0.027 103.029 0.035
201709 -0.027 103.345 -0.035
201712 0.212 103.345 0.274
201803 -0.169 105.004 -0.215
201806 -0.163 105.557 -0.206
201809 0.046 105.636 0.058
201812 -0.273 105.399 -0.346
201903 0.013 106.979 0.016
201906 0.093 107.690 0.115
201909 0.021 107.611 0.026
201912 -0.144 107.769 -0.178
202003 -2.891 107.927 -3.577
202006 -0.164 108.401 -0.202
202009 -0.026 108.164 -0.032
202012 0.257 108.559 0.316
202103 -0.040 110.298 -0.048
202106 1.257 111.720 1.502
202109 0.040 112.905 0.047
202112 0.678 113.774 0.796
202203 0.072 117.646 0.082
202206 0.236 120.806 0.261
202209 0.356 120.648 0.394
202212 0.438 120.964 0.483
202303 0.061 122.702 0.066
202306 0.250 124.203 0.269
202309 0.104 125.230 0.111
202312 -0.629 125.072 -0.672
202403 -0.014 126.258 -0.015
202406 0.088 127.522 0.092
202409 0.153 127.285 0.161
202412 -0.034 127.364 -0.036
202503 0.058 129.181 0.060
202506 0.127 129.892 0.131
202509 0.025 130.287 0.026
202512 -0.687 130.366 -0.704
202603 -0.057 132.262 -0.058
202606 0.148 133.527 0.148

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 €-0.25 mean?
Baytex Energy (FRA:B5X) has a E10 of €-0.25 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Baytex Energy and its competitors.
Is Baytex Energy's E10 too high?
Baytex Energy's current E10 is €-0.25. Overall, Baytex Energy has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baytex Energy's E10 compare to COP and EOG?
Baytex Energy's E10 of €-0.25 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 Baytex Energy and its competitors. Baytex Energy's current E10 is €-0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baytex Energy stock overvalued right now?
Based on GuruFocus' analysis, Baytex Energy (FRA:B5X) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.91, compared to a current price of €3.54 — trading 289.2% above its estimated fair value. The current E10 is €-0.25. Baytex Energy's overall GF Score™ is 39/100 with 5 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 Baytex Energy (FRA:B5X), the current E10 is €-0.25 as of Jun. 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 Baytex Energy (FRA:B5X) Overvalued in 2026?

Based on GuruFocus' analysis, Baytex Energy stock appears to be overvalued. The current stock price of €3.54 is trading 289.2% above its estimated GF Value™ of €0.91. GuruFocus considers Baytex Energy to be Significantly Overvalued.

Key valuation signals for FRA:B5X:

  • E10: €-0.25
  • GF Value™: €0.91 vs. price of €3.54 (289.2% above fair value)
  • GF Score™: 39/100 with 5 warning signs

No single metric tells the full story. See the FRA:B5X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baytex Energy Business Description

Industry EnergyOil & Gas
Other Exchanges BTE:USABTE:Canada
Address 2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3
Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.
39GF Score

Get the complete analysis for FRA:B5X

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

€3.54
Price
€0.91
GF Value