Aurora Cannabis (HAM:21P) E10: €-36.51 (As of Mar. 2026)


HAM:21P Aurora Cannabis Inc HAM:21P
49 GF Score
Price €2.46
GF Value €3.64
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Aurora Cannabis E10?

Aurora Cannabis HAM:21P -0.16% 49 E10 is €-36.51 as of Mar. 2026. GuruFocus rates HAM:21P with a GF Score™ of 49/100 and a GF Value™ of €3.64 (Possible Value Trap). 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.

Aurora Cannabis's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.624. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-36.51 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 0.30% per year. During the past 5 years, the average E10 Growth Rate was -4.90% 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 Aurora Cannabis was 0.30% per year. The lowest was -120.20% per year. And the median was -45.25% per year.

As of today (2026-06-28), Aurora Cannabis's current stock price is €2.462. Aurora Cannabis's E10 for the quarter that ended in Mar. 2026 was €-36.51. Aurora Cannabis's Shiller PE Ratio of today is .


Aurora Cannabis  (HAM:21P) 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.


Aurora Cannabis E10 Related Terms


Aurora Cannabis E10 Historical Data

* Premium members only.

The historical data trend for Aurora Cannabis'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.

Aurora Cannabis E10 Chart

Aurora Cannabis Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.15 -46.25 -47.77 -37.84 -36.51

Aurora Cannabis 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 -37.84 -36.50 -34.38 -37.03 -36.51

HAM:21P vs ZTS: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aurora Cannabis'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.


Aurora Cannabis Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aurora Cannabis's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aurora Cannabis's Shiller PE Ratio falls into.


HAM:21P
49GF Score
Aurora Cannabis Inc HAM:21P
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aurora Cannabis 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, Aurora Cannabis'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)
=-0.624/132.2623*132.2623
=-0.624

Current CPI (Mar. 2026) = 132.2623.

Aurora Cannabis Quarterly Data

per share eps CPI Adj_EPS
201606 -4.141 102.002 -5.370
201609 -2.447 101.765 -3.180
201612 -0.853 101.449 -1.112
201703 0.038 102.634 0.049
201706 -1.607 103.029 -2.063
201709 0.820 103.345 1.049
201712 1.588 103.345 2.032
201803 -3.010 105.004 -3.791
201806 13.305 105.557 16.671
201809 9.468 105.636 11.854
201812 -19.626 105.399 -24.628
201903 -12.505 106.979 -15.460
201906 0.257 107.690 0.316
201909 0.823 107.611 1.012
201912 -97.388 107.769 -119.522
202003 -9.076 107.927 -11.122
202006 -120.960 108.401 -147.585
202009 -5.455 108.164 -6.670
202012 -11.359 108.559 -13.839
202103 -5.547 110.298 -6.652
202106 -4.075 111.720 -4.824
202109 -0.402 112.905 -0.471
202112 -2.627 113.774 -3.054
202203 -33.853 117.646 -38.059
202206 -19.136 120.806 -20.951
202209 -1.287 120.648 -1.411
202212 -1.390 120.964 -1.520
202303 -1.659 122.702 -1.788
202306 -0.528 124.203 -0.562
202309 -0.007 125.230 -0.007
202312 -0.246 125.072 -0.260
202403 -0.285 126.258 -0.299
202406 0.068 127.522 0.071
202409 -0.153 127.285 -0.159
202412 0.342 127.364 0.355
202503 -0.226 129.181 -0.231
202506 -0.171 129.892 -0.174
202509 -0.560 130.287 -0.568
202512 0.019 130.366 0.019
202603 -0.624 132.262 -0.624

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 €-36.51 mean?
Aurora Cannabis (HAM:21P) has a E10 of €-36.51 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aurora Cannabis and its competitors.
Is Aurora Cannabis' E10 too high?
Aurora Cannabis' current E10 is €-36.51. Overall, Aurora Cannabis has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aurora Cannabis' E10 compare to ZTS?
Aurora Cannabis' E10 of €-36.51 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Aurora Cannabis and its competitors. Aurora Cannabis's current E10 is €-36.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurora Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Aurora Cannabis (HAM:21P) is currently considered Possible Value Trap. The stock's GF Value™ is €3.64, compared to a current price of €2.46 — trading 32.4% below its estimated fair value. The current E10 is €-36.51. Aurora Cannabis' overall GF Score™ is 49/100 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 Aurora Cannabis (HAM:21P), the current E10 is €-36.51 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 Aurora Cannabis (HAM:21P) Overvalued in 2026?

Based on GuruFocus' analysis, Aurora Cannabis stock appears to be undervalued. The current stock price of €2.46 is trading 32.4% below its estimated GF Value™ of €3.64. GuruFocus considers Aurora Cannabis to be Possible Value Trap.

Key valuation signals for HAM:21P:

  • E10: €-36.51
  • GF Value™: €3.64 vs. price of €2.46 (32.4% below fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the HAM:21P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aurora Cannabis Business Description

Address 90B Street SW, Suite 2207, Edmonton, AB, CAN, T6X 1V8
Aurora Cannabis Inc is focused on the production, distribution, and sale of cannabis products in Canada and internationally. The Company conducts the production, distribution, and sale of medical cannabis products and, on a very limited basis, consumer cannabis products in Canada pursuant to the Cannabis Act; the production and distribution of wholesale medical cannabis in the European Union pursuant to the German Medicinal Products Act and German Narcotic Drugs Act; and the distribution of wholesale medical cannabis in various international markets, including Australia and New Zealand. Its segments are Canadian Cannabis CGU, European Cannabis CGU, Australia Cannabis CGU, and New Zealand Cannabis CGU, with Canada generating majority revenue.
49GF Score

Get the complete analysis for HAM:21P

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

€2.46
Price
€3.64
GF Value