CanXGold Mining (CanXGold Mining) E10 : $-0.66 (As of May. 2023)

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What is CanXGold Mining E10?

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.

CanXGold Mining's adjusted earnings per share data for the three months ended in May. 2023 was $-0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.66 for the trailing ten years ended in May. 2023.

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.

As of today (2024-06-20), CanXGold Mining's current stock price is $0.0037. CanXGold Mining's E10 for the quarter that ended in May. 2023 was $-0.66. CanXGold Mining's Shiller PE Ratio of today is .

CanXGold Mining E10 Historical Data

The historical data trend for CanXGold 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.

* Premium members only.

CanXGold Mining E10 Chart

CanXGold Mining Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

E10

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-1.84

-1.42

-1.00

-0.75

CanXGold Mining Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
E10	Get a 7-Day Free Trial															-1.14	-0.53	-0.75	-0.59	-0.66

Competitive Comparison of CanXGold Mining's E10

For the Other Industrial Metals & Mining subindustry, CanXGold 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.

CanXGold Mining's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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

CanXGold 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, CanXGold Mining's adjusted earnings per share data for the three months ended in May. 2023 was:

Adj_EPS	=	Earnings per Share (Diluted)	/	CPI of May. 2023 (Change)	*	Current CPI (May. 2023)
	=	-0.007	/	124.0453	*	124.0453
	=	-0.007

Current CPI (May. 2023) = 124.0453.

CanXGold Mining Quarterly Data

	per share eps	CPI	Adj_EPS
201308	-0.096	97.261	-0.122
201311	-1.144	97.182	-1.460
201402	-0.090	98.051	-0.114
201405	-0.092	99.394	-0.115
201408	-0.045	99.315	-0.056
201411	-1.766	99.078	-2.211
201502	0.160	99.078	0.200
201505	-0.329	100.263	-0.407
201508	-0.076	100.579	-0.094
201511	-0.151	100.421	-0.187
201602	-0.145	100.421	-0.179
201605	-0.077	101.765	-0.094
201608	-0.077	101.686	-0.094
201611	-0.166	101.607	-0.203
201702	-0.076	102.476	-0.092
201705	-0.073	103.108	-0.088
201708	-0.159	103.108	-0.191
201711	-0.039	103.740	-0.047
201802	-0.040	104.688	-0.047
201805	-0.117	105.399	-0.138
201808	-0.077	106.031	-0.090
201811	-0.507	105.478	-0.596
201902	-0.030	106.268	-0.035
201905	-0.052	107.927	-0.060
201908	-0.045	108.085	-0.052
201911	-0.068	107.769	-0.078
202002	-0.030	108.559	-0.034
202005	-0.014	107.532	-0.016
202008	-0.015	108.243	-0.017
202011	-0.023	108.796	-0.026
202102	-0.016	109.745	-0.018
202105	0.006	111.404	0.007
202108	-0.024	112.668	-0.026
202111	-0.008	113.932	-0.009
202202	-0.016	115.986	-0.017
202205	-0.016	120.016	-0.017
202208	-0.015	120.569	-0.015
202211	-0.007	121.675	-0.007
202302	-0.007	122.070	-0.007
202305	-0.007	124.045	-0.007

Add all the adjusted EPS together and divide 10 will get our e10.

CanXGold Mining (OTCPK:GDMRF) 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.

Be Aware

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

CanXGold Mining E10 Related Terms

Thank you for viewing the detailed overview of CanXGold Mining's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.

CanXGold Mining (CanXGold Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CanXGold Mining Corp (OTCPK:GDMRF) » Definitions » E10

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4

Website

https://www.goldendawnminerals.com

CanXGold Mining Corp is a Canada-based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. All the company's mineral properties are in the exploration stages.