METC (Ramaco Resources) E10: $0.56 (As of Mar. 2026)


METC Ramaco Resources Inc METC
84 GF Score
Price $12.57
GF Value $9.15
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Ramaco Resources E10?

Ramaco Resources METC -1.87% 84 E10 is $0.56 as of Mar. 2026. GuruFocus rates METC with a GF Score™ of 84/100 and a GF Value™ of $9.15 (Significantly Overvalued). The stock has 10 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.

Ramaco Resources's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.56 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 (2026-06-25), Ramaco Resources's current stock price is $12.57. Ramaco Resources's E10 for the quarter that ended in Mar. 2026 was $0.56. Ramaco Resources's Shiller PE Ratio of today is 22.45.

During the past 12 years, the highest Shiller PE Ratio of Ramaco Resources was 80.00. The lowest was 18.95. And the median was 29.48.


Ramaco Resources  (NAS:METC) 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.

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

Shiller PE Ratio=Share Price/E10
=12.57/0.56
=22.45

* 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 12 years, the highest Shiller P/E Ratio of Ramaco Resources was 80.00. The lowest was 18.95. And the median was 29.48.


Be Aware

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


Ramaco Resources E10 Related Terms


Ramaco Resources E10 Historical Data

* Premium members only.

The historical data trend for Ramaco 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.

Ramaco Resources E10 Chart

Ramaco 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 0.00 0.00 0.00 0.00 0.57

Ramaco 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 0.00 0.63 0.59 0.57 0.56

METC vs SXC, AREC, AMR: E10 Comparison

For the Coking Coal subindustry, Ramaco 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.


Ramaco Resources Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ramaco Resources's Shiller PE Ratio distribution charts can be found below:

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


METC
84GF Score
Ramaco Resources Inc METC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramaco 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, Ramaco 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)
=-0.3/330.2130*330.2130
=-0.300

Current CPI (Mar. 2026) = 330.2130.

Ramaco Resources Quarterly Data

per share eps CPI Adj_EPS
201606 -0.016 241.018 -0.022
201609 -0.039 241.428 -0.053
201612 -0.040 241.432 -0.055
201703 -0.100 243.801 -0.135
201706 -0.090 244.955 -0.121
201709 -0.160 246.819 -0.214
201712 -0.070 246.524 -0.094
201803 0.130 249.554 0.172
201806 0.250 251.989 0.328
201809 0.150 252.439 0.196
201812 0.080 251.233 0.105
201903 0.170 254.202 0.221
201906 0.260 256.143 0.335
201909 0.140 256.759 0.180
201912 0.050 256.974 0.064
202003 0.050 258.115 0.064
202006 0.060 257.797 0.077
202009 -0.110 260.280 -0.140
202012 -0.110 260.474 -0.139
202103 0.100 264.877 0.125
202106 0.230 271.696 0.280
202109 0.160 274.310 0.193
202112 0.420 278.802 0.497
202203 0.920 287.504 1.057
202206 0.740 296.311 0.825
202209 0.600 296.808 0.668
202212 0.320 296.797 0.356
202303 0.570 301.836 0.624
202306 0.170 305.109 0.184
202309 0.400 307.789 0.429
202312 0.600 306.746 0.646
202403 0.000 312.332 0.000
202406 0.080 314.175 0.084
202409 -0.030 315.301 -0.031
202412 0.060 315.605 0.063
202503 -0.190 319.799 -0.196
202506 -0.290 322.561 -0.297
202509 -0.250 324.800 -0.254
202512 -0.260 324.054 -0.265
202603 -0.300 330.213 -0.300

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 $0.56 mean?
Ramaco Resources (METC) has a E10 of $0.56 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ramaco Resources and its competitors.
Is Ramaco Resources' E10 too high?
Ramaco Resources' current E10 is $0.56. Overall, Ramaco Resources has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramaco Resources' E10 compare to SXC and AREC?
Ramaco Resources' E10 of $0.56 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Ramaco Resources and its competitors. Ramaco Resources's current E10 is $0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramaco Resources stock overvalued right now?
Based on GuruFocus' analysis, Ramaco Resources (METC) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.15, compared to a current price of $12.57 — trading 37.4% above its estimated fair value. The current E10 is $0.56. Ramaco Resources' overall GF Score™ is 84/100 with 10 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 Ramaco Resources (METC), the current E10 is $0.56 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 Ramaco Resources (METC) Overvalued in 2026?

Based on GuruFocus' analysis, Ramaco Resources stock appears to be overvalued. The current stock price of $12.57 is trading 37.4% above its estimated GF Value™ of $9.15. GuruFocus considers Ramaco Resources to be Significantly Overvalued.

Key valuation signals for METC:

  • E10: $0.56
  • GF Value™: $9.15 vs. price of $12.57 (37.4% above fair value)
  • GF Score™: 84/100 with 10 warning signs

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


Ramaco Resources Business Description

Other Exchanges METCB:USA5R02:Germany
Address 250 West Main Street, Suite 1900, Lexington, KY, USA, 40507
Ramaco Resources Inc is a United States-based company that operates as a pure-play metallurgical coal company with operations in southern West Virginia and southwestern Virginia. Its portfolio includes high-quality metallurgical coal reserves & resources, with a focus on properties such as Elk Creek, Berwind, Knox Creek, and Maben. These properties are strategically located to serve North American blast furnace steel mills and coke plants, as well as international metallurgical coal consumers. Additionally, the company controls mineral deposits in Sheridan, Wyoming, exploring potential opportunities in rare earth elements and coal-to-carbon-based products. The company's two operating segments are Metallurgical Coal segment; and Rare Earths and Critical Minerals.
84GF Score

Get the complete analysis for METC

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

$12.57
Price
$9.15
GF Value