Canadian Utilities (FRA:CUD) E10: €1.29 (As of Mar. 2026)

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FRA:CUD Canadian Utilities Ltd FRA:CUD
78 GF Score
Price €32.58
GF Value €23.14
Valuation Significantly Overvalued
! 14 Warning Signs
View Full Analysis

What is Canadian Utilities E10?

Canadian Utilities FRA:CUD -0.67% 78 E10 is €1.29 as of Mar. 2026. GuruFocus rates FRA:CUD with a GF Score™ of 78/100 and a GF Value™ of €23.14 (Significantly Overvalued). The stock has 14 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.

Canadian Utilities's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.473. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Canadian Utilities's average E10 Growth Rate was -4.10% per year. During the past 3 years, the average E10 Growth Rate was -2.60% per year. During the past 5 years, the average E10 Growth Rate was -0.50% per year. During the past 10 years, the average E10 Growth Rate was 1.30% 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 Canadian Utilities was 8.00% per year. The lowest was -2.60% per year. And the median was 4.90% per year.

As of today (2026-07-13), Canadian Utilities's current stock price is €32.58. Canadian Utilities's E10 for the quarter that ended in Mar. 2026 was €1.29. Canadian Utilities's Shiller PE Ratio of today is 25.26.

During the past 13 years, the highest Shiller PE Ratio of Canadian Utilities was 25.63. The lowest was 12.61. And the median was 16.81.


Canadian Utilities  (FRA:CUD) 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.

Canadian Utilities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.58/1.29
=25.26

* 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 Canadian Utilities was 25.63. The lowest was 12.61. And the median was 16.81.


Be Aware

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


Canadian Utilities E10 Related Terms


Canadian Utilities E10 Historical Data

* Premium members only.

The historical data trend for Canadian Utilities'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.

Canadian Utilities E10 Chart

Canadian Utilities 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 1.46 1.56 1.54 1.42 1.27

Canadian Utilities 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 1.39 1.36 1.33 1.27 1.29

FRA:CUD vs SRE, AES: E10 Comparison

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Utilities's Shiller PE Ratio falls into.


FRA:CUD
78GF Score
Canadian Utilities Ltd FRA:CUD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Utilities 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, Canadian Utilities'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)
=0.473/132.2623*132.2623
=0.473

Current CPI (Mar. 2026) = 132.2623.

Canadian Utilities Quarterly Data

per share eps CPI Adj_EPS
201606 0.235 102.002 0.305
201609 0.272 101.765 0.354
201612 0.476 101.449 0.621
201703 0.545 102.634 0.702
201706 0.181 103.029 0.232
201709 0.198 103.345 0.253
201712 0.212 103.345 0.271
201803 0.376 105.004 0.474
201806 -0.046 105.557 -0.058
201809 0.447 105.636 0.560
201812 0.569 105.399 0.714
201903 0.483 106.979 0.597
201906 0.686 107.690 0.843
201909 0.679 107.611 0.835
201912 0.335 107.769 0.411
202003 0.337 107.927 0.413
202006 0.138 108.401 0.168
202009 0.173 108.164 0.212
202012 0.205 108.559 0.250
202103 0.307 110.298 0.368
202106 -0.027 111.720 -0.032
202109 0.134 112.905 0.157
202112 0.408 113.774 0.474
202203 0.559 117.646 0.628
202206 0.369 120.806 0.404
202209 0.242 120.648 0.265
202212 0.320 120.964 0.350
202303 0.689 122.702 0.743
202306 0.222 124.203 0.236
202309 0.270 125.230 0.285
202312 0.417 125.072 0.441
202403 0.557 126.258 0.583
202406 0.108 127.522 0.112
202409 -0.020 127.285 -0.021
202412 0.355 127.364 0.369
202503 0.515 129.181 0.527
202506 0.216 129.892 0.220
202509 0.179 130.287 0.182
202512 -0.792 130.366 -0.804
202603 0.473 132.262 0.473

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 €1.29 mean?
Canadian Utilities (FRA:CUD) has a E10 of €1.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Canadian Utilities and its competitors.
Is Canadian Utilities' E10 too high?
Canadian Utilities' current E10 is €1.29. Overall, Canadian Utilities has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' E10 compare to SRE and AES?
Canadian Utilities' E10 of €1.29 can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Canadian Utilities and its competitors. Canadian Utilities's current E10 is €1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (FRA:CUD) is currently considered Significantly Overvalued. The stock's GF Value™ is €23.14, compared to a current price of €32.58 — trading 40.8% above its estimated fair value. The current E10 is €1.29. Canadian Utilities' overall GF Score™ is 78/100 with 14 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 Canadian Utilities (FRA:CUD), the current E10 is €1.29 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 Canadian Utilities (FRA:CUD) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued. The current stock price of €32.58 is trading 40.8% above its estimated GF Value™ of €23.14. GuruFocus considers Canadian Utilities to be Significantly Overvalued.

Key valuation signals for FRA:CUD:

  • E10: €1.29
  • GF Value™: €23.14 vs. price of €32.58 (40.8% above fair value)
  • GF Score™: 78/100 with 14 warning signs

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


Canadian Utilities Business Description

Address 5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
78GF Score

Get the complete analysis for FRA:CUD

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

€32.58
Price
€23.14
GF Value