Alphamin Resources (JSE:APH) E10: R0.75 (As of Mar. 2026)


JSE:APH Alphamin Resources Corp JSE:APH
95 GF Score
Price R16.70
GF Value R26.27
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Alphamin Resources E10?

Alphamin Resources JSE:APH 95 E10 is R0.75 as of Mar. 2026. GuruFocus rates JSE:APH with a GF Score™ of 95/100 and a GF Value™ of R26.27 (Significantly Undervalued). 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.

Alphamin Resources's adjusted earnings per share data for the three months ended in Mar. 2026 was R0.839. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R0.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alphamin Resources's average E10 Growth Rate was 100.00% 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 Alphamin Resources was 20.60% per year. The lowest was -7.70% per year. And the median was 0.00% per year.

As of today (2026-07-12), Alphamin Resources's current stock price is R16.70. Alphamin Resources's E10 for the quarter that ended in Mar. 2026 was R0.75. Alphamin Resources's Shiller PE Ratio of today is 22.27.

During the past 13 years, the highest Shiller PE Ratio of Alphamin Resources was 121.00. The lowest was 15.00. And the median was 30.67.


Alphamin Resources  (JSE:APH) 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.

Alphamin Resources's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.70/0.75
=22.27

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Alphamin Resources was 121.00. The lowest was 15.00. And the median was 30.67.


Be Aware

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


Alphamin Resources E10 Related Terms


Alphamin Resources E10 Historical Data

* Premium members only.

The historical data trend for Alphamin Resources'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.

Alphamin Resources E10 Chart

Alphamin Resources 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 -0.26 0.00 0.14 0.38 0.62

Alphamin Resources 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 0.48 0.49 0.48 0.62 0.75

Alphamin Resources E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Alphamin Resources'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.


Alphamin Resources Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Alphamin Resources's Shiller PE Ratio falls into.


JSE:APH
95GF Score
Alphamin Resources Corp JSE:APH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Alphamin Resources 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, Alphamin Resources'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)
=0.839/330.2130*330.2130
=0.839

Current CPI (Mar. 2026) = 330.2130.

Alphamin Resources Quarterly Data

per share eps CPI Adj_EPS
201606 -0.050 241.018 -0.069
201609 -0.045 241.428 -0.062
201612 0.000 241.432 0.000
201703 -0.045 243.801 -0.061
201706 -0.050 244.955 -0.067
201709 -0.021 246.819 -0.028
201712 0.000 246.524 0.000
201803 -0.018 249.554 -0.024
201806 -0.005 251.989 -0.007
201809 0.022 252.439 0.029
201812 -0.022 251.233 -0.029
201903 -0.013 254.202 -0.017
201906 -0.064 256.143 -0.083
201909 0.009 256.759 0.012
201912 0.149 256.974 0.191
202003 -0.062 258.115 -0.079
202006 0.014 257.797 0.018
202009 -0.010 260.280 -0.013
202012 -0.079 260.474 -0.100
202103 0.091 264.877 0.113
202106 0.025 271.696 0.030
202109 0.236 274.310 0.284
202112 0.210 278.802 0.249
202203 0.491 287.504 0.564
202206 0.367 296.311 0.409
202209 0.282 296.808 0.314
202212 0.107 296.797 0.119
202303 0.234 301.836 0.256
202306 0.214 305.109 0.232
202309 0.218 307.789 0.234
202312 0.020 306.746 0.022
202403 0.303 312.332 0.320
202406 0.258 314.175 0.271
202409 0.450 315.301 0.471
202412 0.408 315.605 0.427
202503 0.336 319.799 0.347
202506 0.440 322.561 0.450
202509 0.476 324.800 0.484
202512 0.749 324.054 0.763
202603 0.839 330.213 0.839

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 R0.75 mean?
Alphamin Resources (JSE:APH) has a E10 of R0.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Alphamin Resources and its competitors.
Is Alphamin Resources' E10 too high?
Alphamin Resources' current E10 is R0.75. Overall, Alphamin Resources has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alphamin Resources' E10 compare to competitors?
Alphamin Resources' E10 of R0.75 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 Alphamin Resources and its competitors. Alphamin Resources's current E10 is R0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphamin Resources stock overvalued right now?
Based on GuruFocus' analysis, Alphamin Resources (JSE:APH) is currently considered Significantly Undervalued. The stock's GF Value™ is R26.27, compared to a current price of R16.70 — trading 36.4% below its estimated fair value. The current E10 is R0.75. Alphamin Resources' overall GF Score™ is 95/100 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 Alphamin Resources (JSE:APH), the current E10 is R0.75 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 Alphamin Resources (JSE:APH) Overvalued in 2026?

Based on GuruFocus' analysis, Alphamin Resources stock appears to be undervalued. The current stock price of R16.70 is trading 36.4% below its estimated GF Value™ of R26.27. GuruFocus considers Alphamin Resources to be Significantly Undervalued.

Key valuation signals for JSE:APH:

  • E10: R0.75
  • GF Value™: R26.27 vs. price of R16.70 (36.4% below fair value)
  • GF Score™: 95/100 with 1 warning sign

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


Alphamin Resources Business Description

Address C/o Adansonia Management Services Limited, Suite 1, Perrieri Office Suites, C2-302, Level 3, La Croisette, Office Block C, Grand Baie, MUS, 30517
Alphamin Resources Corp is engaged in the business of the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, being the production and sale of tin from its Bisie tin mine.
95GF Score

Get the complete analysis for JSE:APH

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

R16.70
Price
R26.27
GF Value