Aris Mining (FRA:ZP1) E10: €-0.21 (As of Mar. 2026)


FRA:ZP1 Aris Mining Corp FRA:ZP1
79 GF Score
Price €13.20
GF Value €7.15
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Aris Mining E10?

Aris Mining FRA:ZP1 -3.65% 79 E10 is €-0.21 as of Mar. 2026. GuruFocus rates FRA:ZP1 with a GF Score™ of 79/100 and a GF Value™ of €7.15 (Significantly Overvalued). The stock has 4 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.

Aris Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.407. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.21 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 90.50% per year. During the past 5 years, the average E10 Growth Rate was 74.40% per year. During the past 10 years, the average E10 Growth Rate was 44.00% 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 Aris Mining was 90.50% per year. The lowest was -8.20% per year. And the median was 12.00% per year.

As of today (2026-06-25), Aris Mining's current stock price is €13.20. Aris Mining's E10 for the quarter that ended in Mar. 2026 was €-0.21. Aris Mining's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Aris Mining was 8.90. The lowest was 6.95. And the median was 7.64.


Aris Mining  (FRA:ZP1) 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 Aris Mining was 8.90. The lowest was 6.95. And the median was 7.64.


Be Aware

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


Aris Mining E10 Related Terms


Aris Mining E10 Historical Data

* Premium members only.

The historical data trend for Aris Mining'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.

Aris Mining E10 Chart

Aris Mining 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 -17.11 -15.98 -1.38 -1.02 -0.01

Aris Mining 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 -0.76 -0.95 -1.37 -0.01 -0.21

FRA:ZP1 vs NEM, AU: E10 Comparison

For the Gold subindustry, Aris Mining'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.


Aris Mining Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Aris Mining's Shiller PE Ratio falls into.


FRA:ZP1
79GF Score
Aris Mining Corp FRA:ZP1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aris Mining 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, Aris Mining'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)
=0.407/132.2623*132.2623
=0.407

Current CPI (Mar. 2026) = 132.2623.

Aris Mining Quarterly Data

per share eps CPI Adj_EPS
201606 0.009 102.002 0.012
201609 0.463 101.765 0.602
201612 -1.441 101.449 -1.879
201703 -0.037 102.634 -0.048
201706 0.347 103.029 0.445
201709 -0.042 103.345 -0.054
201712 0.093 103.345 0.119
201803 0.097 105.004 0.122
201806 -0.933 105.557 -1.169
201809 0.197 105.636 0.247
201812 0.246 105.399 0.309
201903 0.142 106.979 0.176
201906 0.018 107.690 0.022
201909 0.163 107.611 0.200
201912 -2.709 107.769 -3.325
202003 0.145 107.927 0.178
202006 -0.240 108.401 -0.293
202009 0.144 108.164 0.176
202012 -0.501 108.559 -0.610
202103 1.075 110.298 1.289
202106 0.232 111.720 0.275
202109 0.170 112.905 0.199
202112 -0.062 113.774 -0.072
202203 0.045 117.646 0.051
202206 0.142 120.806 0.155
202209 -0.485 120.648 -0.532
202212 -0.047 120.964 -0.051
202303 -0.047 122.702 -0.051
202306 0.018 124.203 0.019
202309 0.094 125.230 0.099
202312 -0.037 125.072 -0.039
202403 -0.009 126.258 -0.009
202406 0.037 127.522 0.038
202409 -0.009 127.285 -0.009
202412 0.115 127.364 0.119
202503 0.009 129.181 0.009
202506 -0.078 129.892 -0.079
202509 0.179 130.287 0.182
202512 0.213 130.366 0.216
202603 0.407 132.262 0.407

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 €-0.21 mean?
Aris Mining (FRA:ZP1) has a E10 of €-0.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aris Mining and its competitors.
Is Aris Mining's E10 too high?
Aris Mining's current E10 is €-0.21. Overall, Aris Mining has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aris Mining's E10 compare to NEM and AU?
Aris Mining's E10 of €-0.21 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 Aris Mining and its competitors. Aris Mining's current E10 is €-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aris Mining stock overvalued right now?
Based on GuruFocus' analysis, Aris Mining (FRA:ZP1) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.15, compared to a current price of €13.20 — trading 84.6% above its estimated fair value. The current E10 is €-0.21. Aris Mining's overall GF Score™ is 79/100 with 4 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 Aris Mining (FRA:ZP1), the current E10 is €-0.21 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 Aris Mining (FRA:ZP1) Overvalued in 2026?

Based on GuruFocus' analysis, Aris Mining stock appears to be overvalued. The current stock price of €13.20 is trading 84.6% above its estimated GF Value™ of €7.15. GuruFocus considers Aris Mining to be Significantly Overvalued.

Key valuation signals for FRA:ZP1:

  • E10: €-0.21
  • GF Value™: €7.15 vs. price of €13.20 (84.6% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the FRA:ZP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aris Mining Business Description

Address 1021 W Hastings Street, Suite 2400, Vancouver, BC, CAN, V6E 0C3
Aris Mining Corp is a Canadian gold mining company focused on South America. It is mainly engaged in the acquisition, exploration, development, and operation of gold properties in Colombia and Guyana. Aris Mining operates the Segovia and Marmato Mines and the Soto Norte Project in Colombia. Additionally, it owns the Toroparu Project in Guyana. The company considers its Segovia and Marmato Mines in Colombia, its Toroparu Project in Guyana, its Soto Norte Project in Colombia, and its corporate functions in Canada and other corporate entities as its reportable segments. The majority of its revenue is generated from operations at the Segovia mines in Colombia.
79GF Score

Get the complete analysis for FRA:ZP1

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

€13.20
Price
€7.15
GF Value