Cogeco Communications (FRA:COG) E10: €3.49 (As of May. 2026)

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FRA:COG Cogeco Communications Inc FRA:COG
80 GF Score
Price €37.40
GF Value €38.77
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Cogeco Communications E10?

Cogeco Communications FRA:COG +1.08% 80 E10 is €3.49 as of May. 2026. GuruFocus rates FRA:COG with a GF Score™ of 80/100 and a GF Value™ of €38.77 (Fairly Valued). The stock has 8 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.

Cogeco Communications's adjusted earnings per share data for the three months ended in May. 2026 was €-20.144. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.49 for the trailing ten years ended in May. 2026.

During the past 12 months, Cogeco Communications's average E10 Growth Rate was -24.90% per year. During the past 3 years, the average E10 Growth Rate was 6.20% per year. During the past 5 years, the average E10 Growth Rate was 10.80% per year. During the past 10 years, the average E10 Growth Rate was 17.70% 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 Cogeco Communications was 49.80% per year. The lowest was -25.50% per year. And the median was 16.30% per year.

As of today (2026-08-09), Cogeco Communications's current stock price is €37.40. Cogeco Communications's E10 for the quarter that ended in May. 2026 was €3.49. Cogeco Communications's Shiller PE Ratio of today is 10.72.

During the past 13 years, the highest Shiller PE Ratio of Cogeco Communications was 45.23. The lowest was 7.05. And the median was 20.87.


Cogeco Communications  (FRA:COG) 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.

Cogeco Communications's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.40/3.49
=10.72

* 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 Cogeco Communications was 45.23. The lowest was 7.05. And the median was 20.87.


Be Aware

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


Cogeco Communications E10 Related Terms


Cogeco Communications E10 Historical Data

* Premium members only.

The historical data trend for Cogeco Communications'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.

Cogeco Communications E10 Chart

Cogeco Communications Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 4.84 4.59 4.86 4.69

Cogeco Communications Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 4.76 4.69 4.64 4.79 3.49

FRA:COG vs VZ, TMUS, T: E10 Comparison

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cogeco Communications's Shiller PE Ratio falls into.


FRA:COG
80GF Score
Cogeco Communications Inc FRA:COG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cogeco Communications 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, Cogeco Communications's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=-20.144/134.0005*134.0005
=-20.144

Current CPI (May. 2026) = 134.0005.

Cogeco Communications Quarterly Data

per share eps CPI Adj_EPS
201608 1.043 101.686 1.374
201611 1.049 101.607 1.383
201702 1.110 102.476 1.451
201705 1.024 103.108 1.331
201708 0.961 103.108 1.249
201711 1.021 103.740 1.319
201802 1.821 104.688 2.331
201805 0.815 105.399 1.036
201808 0.963 106.031 1.217
201811 0.940 105.478 1.194
201902 1.020 106.268 1.286
201905 2.384 107.927 2.960
201908 1.226 108.085 1.520
201911 1.162 107.769 1.445
202002 1.532 108.559 1.891
202005 1.227 107.532 1.529
202008 1.207 108.243 1.494
202011 1.437 108.796 1.770
202102 1.394 109.745 1.702
202105 1.364 111.404 1.641
202108 1.376 112.668 1.637
202111 1.582 113.932 1.861
202202 1.650 115.986 1.906
202205 1.589 120.016 1.774
202208 1.742 120.569 1.936
202211 1.779 121.675 1.959
202302 1.520 122.070 1.669
202305 1.470 124.045 1.588
202308 1.327 125.389 1.418
202311 1.355 125.468 1.447
202402 1.511 125.468 1.614
202405 1.130 127.601 1.187
202408 1.289 127.838 1.351
202411 1.604 127.838 1.681
202502 1.182 128.786 1.230
202505 1.049 129.813 1.083
202508 1.133 130.208 1.166
202511 1.286 130.682 1.319
202602 1.172 131.077 1.198
202605 -20.144 134.001 -20.144

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 €3.49 mean?
Cogeco Communications (FRA:COG) has a E10 of €3.49 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cogeco Communications and its competitors.
Is Cogeco Communications' E10 too high?
Cogeco Communications' current E10 is €3.49. Overall, Cogeco Communications has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco Communications' E10 compare to VZ and TMUS?
Cogeco Communications' E10 of €3.49 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good E10 depends on the Telecommunication Services 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 Cogeco Communications and its competitors. Cogeco Communications's current E10 is €3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco Communications stock overvalued right now?
Based on GuruFocus' analysis, Cogeco Communications (FRA:COG) is currently considered Fairly Valued. The stock's GF Value™ is €38.77, compared to a current price of €37.40 — trading 3.5% below its estimated fair value. The current E10 is €3.49. Cogeco Communications' overall GF Score™ is 80/100 with 8 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 Cogeco Communications (FRA:COG), the current E10 is €3.49 as of May. 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 Cogeco Communications (FRA:COG) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco Communications stock appears to be undervalued. The current stock price of €37.40 is trading 3.5% below its estimated GF Value™ of €38.77. GuruFocus considers Cogeco Communications to be Fairly Valued.

Key valuation signals for FRA:COG:

  • E10: €3.49
  • GF Value™: €38.77 vs. price of €37.40 (3.5% below fair value)
  • GF Score™: 80/100 with 8 warning signs

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


Cogeco Communications Business Description

Address 1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications is a telecom service provider in Canada and the US, specifically in rural and suburban geographies. It offers wireline services such as broadband internet, TV, and landline phone services. In Canada, the firm operates under its Cogeco Connexion and Oxio brands, reaching roughly 2.1 million homes and businesses throughout Ontario and Quebec. In the US, Cogeco operates under its Breezeline brand throughout the East Coast, Pennsylvania, and Ohio, reaching 1.8 million homes and businesses. Cogeco is expanding its offerings to include consumer wireless services, operating as a mobile virtual network operator.
80GF Score

Get the complete analysis for FRA:COG

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

€37.40
Price
€38.77
GF Value