Gold Resource (FRA:GIH) E10: €-0.02 (As of Mar. 2026)


FRA:GIH Gold Resource Corp FRA:GIH
46 GF Score
Price €1.16
GF Value €0.33
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Gold Resource E10?

Gold Resource FRA:GIH +4.33% 46 E10 is €-0.02 as of Mar. 2026. GuruFocus rates FRA:GIH with a GF Score™ of 46/100 and a GF Value™ of €0.33 (Significantly Overvalued). The stock has 2 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.

Gold Resource's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.026. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.02 for the trailing ten years ended in Mar. 2026.

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 Gold Resource was 207.20% per year. The lowest was -34.90% per year. And the median was 20.00% per year.

As of today (2026-06-27), Gold Resource's current stock price is €1.156. Gold Resource's E10 for the quarter that ended in Mar. 2026 was €-0.02. Gold Resource's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Gold Resource was 483.00. The lowest was 2.94. And the median was 12.06.


Gold Resource  (FRA:GIH) 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 Gold Resource was 483.00. The lowest was 2.94. And the median was 12.06.


Be Aware

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


Gold Resource E10 Related Terms


Gold Resource E10 Historical Data

* Premium members only.

The historical data trend for Gold Resource'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.

Gold Resource E10 Chart

Gold Resource 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 0.17 0.10 0.07 -0.02 -0.03

Gold Resource 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 -0.04 -0.04 -0.04 -0.03 -0.02

FRA:GIH vs LODE, THMG, ACRG: E10 Comparison

For the Other Precious Metals & Mining subindustry, Gold Resource'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.


Gold Resource Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Gold Resource's Shiller PE Ratio falls into.


FRA:GIH
46GF Score
Gold Resource Corp FRA:GIH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Resource 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, Gold Resource'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)
=0.026/330.2130*330.2130
=0.026

Current CPI (Mar. 2026) = 330.2130.

Gold Resource Quarterly Data

per share eps CPI Adj_EPS
201606 0.089 241.018 0.122
201609 0.027 241.428 0.037
201612 -0.066 241.432 -0.090
201703 0.075 243.801 0.102
201706 0.018 244.955 0.024
201709 0.067 246.819 0.090
201712 -0.084 246.524 -0.113
201803 0.073 249.554 0.097
201806 0.051 251.989 0.067
201809 -0.009 252.439 -0.012
201812 0.018 251.233 0.024
201903 0.009 254.202 0.012
201906 0.027 256.143 0.035
201909 0.045 256.759 0.058
201912 0.000 256.974 0.000
202003 -0.045 258.115 -0.058
202006 -0.027 257.797 -0.035
202009 0.059 260.280 0.075
202012 0.049 260.474 0.062
202103 0.025 264.877 0.031
202106 0.017 271.696 0.021
202109 0.017 274.310 0.020
202112 0.035 278.802 0.041
202203 0.045 287.504 0.052
202206 0.028 296.311 0.031
202209 -0.111 296.808 -0.123
202212 -0.038 296.797 -0.042
202303 -0.009 301.836 -0.010
202306 -0.046 305.109 -0.050
202309 -0.075 307.789 -0.080
202312 -0.110 306.746 -0.118
202403 -0.055 312.332 -0.058
202406 -0.279 314.175 -0.293
202409 -0.126 315.301 -0.132
202412 -0.105 315.605 -0.110
202503 -0.065 319.799 -0.067
202506 -0.078 322.561 -0.080
202509 -0.026 324.800 -0.026
202512 0.120 324.054 0.122
202603 0.026 330.213 0.026

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 €-0.02 mean?
Gold Resource (FRA:GIH) has a E10 of €-0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gold Resource and its competitors.
Is Gold Resource's E10 too high?
Gold Resource's current E10 is €-0.02. Overall, Gold Resource has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Resource's E10 compare to LODE and THMG?
Gold Resource's E10 of €-0.02 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 Gold Resource and its competitors. Gold Resource's current E10 is €-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Resource stock overvalued right now?
Based on GuruFocus' analysis, Gold Resource (FRA:GIH) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.33, compared to a current price of €1.16 — trading 250.3% above its estimated fair value. The current E10 is €-0.02. Gold Resource's overall GF Score™ is 46/100 with 2 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 Gold Resource (FRA:GIH), the current E10 is €-0.02 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 Gold Resource (FRA:GIH) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Resource stock appears to be overvalued. The current stock price of €1.16 is trading 250.3% above its estimated GF Value™ of €0.33. GuruFocus considers Gold Resource to be Significantly Overvalued.

Key valuation signals for FRA:GIH:

  • E10: €-0.02
  • GF Value™: €0.33 vs. price of €1.16 (250.3% above fair value)
  • GF Score™: 46/100 with 2 warning signs

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


Gold Resource Business Description

Other Exchanges GORO:USA0IYS:UKGIH:Germany
Address 7900 East Union Avenue, Suite 320, Denver, CO, USA, 80237
Gold Resource Corp is a producer of metal concentrates that contain gold, silver, copper, lead, and zinc in Oaxaca, Mexico. . It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America. The Company has two reporting segments, based on geographic regions. Oaxaca, Mexico represents the Companies only operating segment with a production stage property. The Companies other reporting segment is Michigan, U.S.A., with an exploration stage property.
46GF Score

Get the complete analysis for FRA:GIH

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

€1.16
Price
€0.33
GF Value