GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barrick Mining Corp (MEX:BN) » Definitions » E10

Barrick Mining (MEX:BN) E10 : MXN10.23 (As of Mar. 2025)


View and export this data going back to 2012. Start your Free Trial

What is Barrick Mining E10?

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.

Barrick Mining's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN5.524. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN10.23 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Barrick Mining's average E10 Growth Rate was 380.00% 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 Barrick Mining was 47.70% per year. The lowest was -82.80% per year. And the median was 10.50% per year.

As of today (2025-06-29), Barrick Mining's current stock price is MXN386.50. Barrick Mining's E10 for the quarter that ended in Mar. 2025 was MXN10.23. Barrick Mining's Shiller PE Ratio of today is 37.78.

During the past 13 years, the highest Shiller PE Ratio of Barrick Mining was 168.86. The lowest was 33.38. And the median was 114.20.


Barrick Mining E10 Historical Data

The historical data trend for Barrick Mining'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.

* Premium members only.

Barrick Mining E10 Chart

Barrick Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.48 -21.24 -18.28 1.82 9.74

Barrick Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.79 2.86 3.40 9.74 10.23

Competitive Comparison of Barrick Mining's E10

For the Gold subindustry, Barrick Mining'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.


Barrick Mining's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Barrick Mining's Shiller PE Ratio falls into.


;
;

Barrick Mining 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, Barrick Mining's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.524/129.1809*129.1809
=5.524

Current CPI (Mar. 2025) = 129.1809.

Barrick Mining Quarterly Data

per share eps CPI Adj_EPS
201506 -0.157 100.500 -0.202
201509 -3.887 100.421 -5.000
201512 -38.689 99.947 -50.005
201603 -1.205 101.054 -1.540
201606 2.219 102.002 2.810
201609 2.900 101.765 3.681
201612 7.422 101.449 9.451
201703 10.921 102.634 13.746
201706 16.811 103.029 21.078
201709 -0.181 103.345 -0.226
201712 -5.303 103.345 -6.629
201803 2.543 105.004 3.129
201806 -1.572 105.557 -1.924
201809 -6.547 105.636 -8.006
201812 -20.028 105.399 -24.547
201903 1.164 106.979 1.406
201906 2.113 107.690 2.535
201909 25.665 107.611 30.809
201912 14.899 107.769 17.859
202003 5.159 107.927 6.175
202006 4.616 108.401 5.501
202009 11.046 108.164 13.192
202012 7.758 108.559 9.232
202103 6.132 110.298 7.182
202106 4.578 111.720 5.294
202109 4.112 112.905 4.705
202112 8.411 113.774 9.550
202203 4.978 117.646 5.466
202206 5.432 120.806 5.809
202209 2.816 120.648 3.015
202212 -8.188 120.964 -8.744
202303 1.262 122.702 1.329
202306 2.914 124.203 3.031
202309 3.658 125.230 3.773
202312 4.583 125.072 4.734
202403 2.821 126.258 2.886
202406 3.847 127.522 3.897
202409 5.513 127.285 5.595
202412 11.888 127.364 12.058
202503 5.524 129.181 5.524

Add all the adjusted EPS together and divide 10 will get our e10.


Barrick Mining  (MEX:BN) 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.

Barrick Mining's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=386.50/10.23
=37.78

* 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 Barrick Mining was 168.86. The lowest was 33.38. And the median was 114.20.


Be Aware

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


Barrick Mining E10 Related Terms

Thank you for viewing the detailed overview of Barrick Mining's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Barrick Mining Business Description

Address
161 Bay Street, Brookfield Place, TD Canada Trust Tower, Suite 3700, P.O. Box 212, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2024, the firm produced nearly 3.9 million attributable ounces of gold and about 430 million pounds of copper. At year-end 2024, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.