MECPF (Mustang Energy) E10: $-0.14 (As of Mar. 2026)


What is Mustang Energy E10?

Mustang Energy MECPF E10 is $-0.14 as of Mar. 2026. 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.

Mustang Energy's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.14 for the trailing ten years ended in Mar. 2026.

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 (2026-06-24), Mustang Energy's current stock price is $0.0244. Mustang Energy's E10 for the quarter that ended in Mar. 2026 was $-0.14. Mustang Energy's Shiller PE Ratio of today is .


Mustang Energy  (OTCPK:MECPF) 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.


Mustang Energy E10 Related Terms


Mustang Energy E10 Historical Data

* Premium members only.

The historical data trend for Mustang Energy'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.

Mustang Energy E10 Chart

Mustang Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mustang Energy 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 0.00 0.00 0.00 0.00 -0.14

MECPF vs UEC, LEU: E10 Comparison

For the Uranium subindustry, Mustang Energy'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.


Mustang Energy Shiller PE Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mustang Energy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mustang Energy's Shiller PE Ratio falls into.



Mustang Energy 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, Mustang Energy'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)
=-0.007/132.2623*132.2623
=-0.007

Current CPI (Mar. 2026) = 132.2623.

Mustang Energy Quarterly Data

per share eps CPI Adj_EPS
201606 -0.035 102.002 -0.045
201609 -0.068 101.765 -0.088
201612 -0.106 101.449 -0.138
201703 -0.105 102.634 -0.135
201706 -0.105 103.029 -0.135
201709 -0.114 103.345 -0.146
201712 -0.110 103.345 -0.141
201803 -0.108 105.004 -0.136
201806 -0.107 105.557 -0.134
201809 -0.107 105.636 -0.134
201812 -0.104 105.399 -0.131
201903 -0.105 106.979 -0.130
201906 -0.053 107.690 -0.065
201909 0.008 107.611 0.010
201912 0.068 107.769 0.083
202003 -0.007 107.927 -0.009
202006 -0.007 108.401 -0.009
202009 -0.002 108.164 -0.002
202012 -0.002 108.559 -0.002
202103 -0.002 110.298 -0.002
202106 -0.002 111.720 -0.002
202109 -0.001 112.905 -0.001
202112 -0.004 113.774 -0.005
202203 -0.003 117.646 -0.003
202206 -0.008 120.806 -0.009
202209 -0.007 120.648 -0.008
202212 -0.007 120.964 -0.008
202303 -0.007 122.702 -0.008
202306 -0.008 124.203 -0.009
202309 -0.007 125.230 -0.007
202312 0.030 125.072 0.032
202403 -0.007 126.258 -0.007
202406 -0.007 127.522 -0.007
202409 -0.007 127.285 -0.007
202412 -0.017 127.364 -0.018
202503 -0.021 129.181 -0.022
202506 -0.007 129.892 -0.007
202509 -0.007 130.287 -0.007
202512 -0.014 130.366 -0.014
202603 -0.007 132.262 -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 $-0.14 mean?
Mustang Energy (MECPF) has a E10 of $-0.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mustang Energy and its competitors.
Is Mustang Energy's E10 too high?
Mustang Energy's current E10 is $-0.14.
How does Mustang Energy's E10 compare to UEC and LEU?
Mustang Energy's E10 of $-0.14 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good E10 depends on the Other Energy Sources 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 Mustang Energy and its competitors. Mustang Energy's current E10 is $-0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustang Energy stock overvalued right now?
Mustang Energy (MECPF) has a current E10 of $-0.14. The current E10 is $-0.14. 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 Mustang Energy (MECPF), the current E10 is $-0.14 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.

Mustang Energy Business Description

Other Exchanges 92T0:GermanyMEC:Canada
Address 789 West Pender Street, Suite 480, Vancouver, BC, CAN
Mustang Energy Corp is a mineral exploration and development company. The Company currently conducts its operations in Canada, in one business segment, being the exploration of resource properties. The company's projects are Dutton Project, Yellowstone Project, Konigsstuhl Project, Spur Project, Yellowstone East Project, 914W Project.