Agnico Eagle Mines (MEX:AEMN) E10: MXN56.95 (As of Jun. 2026)

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MEX:AEMN Agnico Eagle Mines Ltd MEX:AEMN
89 GF Score
Price MXN3,045.70
GF Value MXN2,951.33
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Agnico Eagle Mines E10?

Agnico Eagle Mines MEX:AEMN +9.36% 89 E10 is MXN56.95 as of Jun. 2026. GuruFocus rates MEX:AEMN with a GF Score™ of 89/100 and a GF Value™ of MXN2,951.33 (Fairly Valued). 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.

Agnico Eagle Mines's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN55.313. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN56.95 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Agnico Eagle Mines's average E10 Growth Rate was 59.00% per year. During the past 3 years, the average E10 Growth Rate was 56.00% per year. During the past 5 years, the average E10 Growth Rate was 67.10% 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 Agnico Eagle Mines was 109.90% per year. The lowest was -53.40% per year. And the median was 2.10% per year.

As of today (2026-08-09), Agnico Eagle Mines's current stock price is MXN3045.70. Agnico Eagle Mines's E10 for the quarter that ended in Jun. 2026 was MXN56.95. Agnico Eagle Mines's Shiller PE Ratio of today is 53.48.

During the past 13 years, the highest Shiller PE Ratio of Agnico Eagle Mines was 4032.00. The lowest was 33.90. And the median was 144.40.


Agnico Eagle Mines  (MEX:AEMN) 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.

Agnico Eagle Mines's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3045.70/56.95
=53.48

* 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 Agnico Eagle Mines was 4032.00. The lowest was 33.90. And the median was 144.40.


Be Aware

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


Agnico Eagle Mines E10 Related Terms


Agnico Eagle Mines E10 Historical Data

* Premium members only.

The historical data trend for Agnico Eagle Mines'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.

Agnico Eagle Mines E10 Chart

Agnico Eagle Mines 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 15.71 13.87 23.19 35.37 47.30

Agnico Eagle Mines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 40.47 41.53 47.30 51.96 56.95

MEX:AEMN vs NEM, AU, RGLD: E10 Comparison

For the Gold subindustry, Agnico Eagle Mines'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.


Agnico Eagle Mines Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Agnico Eagle Mines's Shiller PE Ratio falls into.


MEX:AEMN
89GF Score
Agnico Eagle Mines Ltd MEX:AEMN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Agnico Eagle Mines 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, Agnico Eagle Mines's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=55.313/133.5265*133.5265
=55.313

Current CPI (Jun. 2026) = 133.5265.

Agnico Eagle Mines Quarterly Data

per share eps CPI Adj_EPS
201609 4.254 101.765 5.582
201612 5.773 101.449 7.598
201703 6.214 102.634 8.084
201706 4.157 103.029 5.388
201709 5.626 103.345 7.269
201712 2.946 103.345 3.806
201803 3.452 105.004 4.390
201806 0.393 105.557 0.497
201809 1.309 105.636 1.655
201812 -32.987 105.399 -41.790
201903 3.104 106.979 3.874
201906 2.305 107.690 2.858
201909 6.317 107.611 7.838
201912 26.027 107.769 32.248
202003 -2.110 107.927 -2.610
202006 9.925 108.401 12.225
202009 20.103 108.164 24.817
202012 16.709 108.559 20.552
202103 12.060 110.298 14.600
202106 15.925 111.720 19.033
202109 10.075 112.905 11.915
202112 8.411 113.774 9.871
202203 6.172 117.646 7.005
202206 12.674 120.806 14.009
202209 3.017 120.648 3.339
202212 8.773 120.964 9.684
202303 69.576 122.702 75.714
202306 11.144 124.203 11.981
202309 6.097 125.230 6.501
202312 -13.070 125.072 -13.953
202403 11.617 126.258 12.286
202406 17.221 127.522 18.032
202409 22.250 127.285 23.341
202412 21.064 127.364 22.083
202503 33.142 129.181 34.257
202506 39.918 129.892 41.035
202509 38.523 130.287 39.481
202512 54.737 130.366 56.064
202603 60.951 132.262 61.534
202606 55.313 133.527 55.313

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 MXN56.95 mean?
Agnico Eagle Mines (MEX:AEMN) has a E10 of MXN56.95 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Agnico Eagle Mines and its competitors.
Is Agnico Eagle Mines' E10 too high?
Agnico Eagle Mines' current E10 is MXN56.95. Overall, Agnico Eagle Mines has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agnico Eagle Mines' E10 compare to NEM and AU?
Agnico Eagle Mines' E10 of MXN56.95 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 Agnico Eagle Mines and its competitors. Agnico Eagle Mines's current E10 is MXN56.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agnico Eagle Mines stock overvalued right now?
Based on GuruFocus' analysis, Agnico Eagle Mines (MEX:AEMN) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,951.33, compared to a current price of MXN3,045.70 — trading 3.2% above its estimated fair value. The current E10 is MXN56.95. Agnico Eagle Mines' overall GF Score™ is 89/100 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 Agnico Eagle Mines (MEX:AEMN), the current E10 is MXN56.95 as of Jun. 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 Agnico Eagle Mines (MEX:AEMN) Overvalued in 2026?

Based on GuruFocus' analysis, Agnico Eagle Mines stock appears to be overvalued. The current stock price of MXN3,045.70 is trading 3.2% above its estimated GF Value™ of MXN2,951.33. GuruFocus considers Agnico Eagle Mines to be Fairly Valued.

Key valuation signals for MEX:AEMN:

  • E10: MXN56.95
  • GF Value™: MXN2,951.33 vs. price of MXN3,045.70 (3.2% above fair value)
  • GF Score™: 89/100 with 1 warning sign

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


Agnico Eagle Mines Business Description

Address 145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
89GF Score

Get the complete analysis for MEX:AEMN

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

MXN3,045.70
Price
MXN2,951.33
GF Value