GRAPF (First Canadian Graphite) E10: $-2.07 (As of Nov. 2025)


GRAPF First Canadian Graphite Inc GRAPF
22 GF Score
Price $0.18
! 1 Warning Sign
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What is First Canadian Graphite E10?

First Canadian Graphite GRAPF +1.56% 22 E10 is $-2.07 as of Nov. 2025. GuruFocus rates GRAPF with a GF Score™ of 22/100. The stock has 1 warning sign 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.

First Canadian Graphite's adjusted earnings per share data for the three months ended in Nov. 2025 was $-0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-2.07 for the trailing ten years ended in Nov. 2025.

During the past 3 years, the average E10 Growth Rate was 15.10% per year. During the past 5 years, the average E10 Growth Rate was 20.30% per year. During the past 10 years, the average E10 Growth Rate was 28.10% 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 First Canadian Graphite was 34.70% per year. The lowest was 15.00% per year. And the median was 28.50% per year.

As of today (2026-06-24), First Canadian Graphite's current stock price is $0.18. First Canadian Graphite's E10 for the quarter that ended in Nov. 2025 was $-2.07. First Canadian Graphite's Shiller PE Ratio of today is .


First Canadian Graphite  (OTCPK:GRAPF) 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.


First Canadian Graphite E10 Related Terms


First Canadian Graphite E10 Historical Data

* Premium members only.

The historical data trend for First Canadian Graphite'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.

First Canadian Graphite E10 Chart

First Canadian Graphite Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.20 -5.18 -3.92 -3.67 -3.46

First Canadian Graphite Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 -3.19 -3.46 -2.71 -2.22 -2.07

First Canadian Graphite E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Canadian Graphite'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.


First Canadian Graphite Shiller PE Ratio vs Metals & Mining Industry

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

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


GRAPF
22GF Score
First Canadian Graphite Inc GRAPF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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First Canadian Graphite 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, First Canadian Graphite's adjusted earnings per share data for the three months ended in Nov. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2025 (Change)*Current CPI (Nov. 2025)
=-0.007/130.6821*130.6821
=-0.007

Current CPI (Nov. 2025) = 130.6821.

First Canadian Graphite Quarterly Data

per share eps CPI Adj_EPS
201602 -0.290 100.421 -0.377
201605 -0.309 101.765 -0.397
201608 -0.308 101.686 -0.396
201611 -2.084 101.607 -2.680
201702 -3.356 102.476 -4.280
201705 -1.176 103.108 -1.491
201708 -2.221 103.108 -2.815
201711 -2.505 103.740 -3.156
201802 -1.150 104.688 -1.436
201805 -0.622 105.399 -0.771
201808 -0.307 106.031 -0.378
201811 -0.303 105.478 -0.375
201902 -0.606 106.268 -0.745
201905 -0.297 107.927 -0.360
201908 -0.301 108.085 -0.364
201911 -0.227 107.769 -0.275
202002 -0.828 108.559 -0.997
202005 -0.072 107.532 -0.088
202008 -0.076 108.243 -0.092
202011 -0.076 108.796 -0.091
202102 -0.372 109.745 -0.443
202105 -0.165 111.404 -0.194
202108 -0.079 112.668 -0.092
202111 -0.080 113.932 -0.092
202202 -0.079 115.986 -0.089
202205 -0.156 120.016 -0.170
202208 -0.774 120.569 -0.839
202211 -0.149 121.675 -0.160
202302 -0.074 122.070 -0.079
202305 -0.054 124.045 -0.057
202308 -0.074 125.389 -0.077
202311 -0.036 125.468 -0.037
202402 -0.030 125.468 -0.031
202405 -0.015 127.601 -0.015
202408 -0.015 127.838 -0.015
202411 -0.021 127.838 -0.021
202502 -0.045 128.786 -0.046
202505 -0.007 129.813 -0.007
202508 -0.007 130.208 -0.007
202511 -0.007 130.682 -0.007

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 $-2.07 mean?
First Canadian Graphite (GRAPF) has a E10 of $-2.07 as of Nov. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on First Canadian Graphite and its competitors.
Is First Canadian Graphite's E10 too high?
First Canadian Graphite's current E10 is $-2.07. Overall, First Canadian Graphite has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does First Canadian Graphite's E10 compare to competitors?
First Canadian Graphite's E10 of $-2.07 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 First Canadian Graphite and its competitors. First Canadian Graphite's current E10 is $-2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Canadian Graphite stock overvalued right now?
First Canadian Graphite (GRAPF) has a current E10 of $-2.07. The current E10 is $-2.07. First Canadian Graphite's overall GF Score™ is 22/100 with 1 warning sign 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 First Canadian Graphite (GRAPF), the current E10 is $-2.07 as of Nov. 2025. 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.

First Canadian Graphite Business Description

Other Exchanges BR2:GermanyFCI:Canada
Address 1100 - 1111 Melville Street, Thomas Yingling, Vancouver, BC, CAN, V6E 3V6
First Canadian Graphite Inc is engaged in an exploration and development mining company. The company is focused on graphite projects in Quebec to fulfill the growing demand for locally sourced critical minerals. The projects of the company include the Berkwood Graphite Project and the Jupiter Project in Quebec, and the Stallion Project in British Columbia.
22GF Score

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

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