GoldMining (MEX:GOLD1N N) E10: MXN0.01 (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:GOLD1N N GoldMining Inc MEX:GOLD1N N
35 GF Score
Price MXN17.80
! 1 Warning Sign
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What is GoldMining E10?

GoldMining MEX:GOLD1N N 35 E10 is MXN0.01 as of May. 2026. GuruFocus rates MEX:GOLD1N N with a GF Score™ of 35/100. 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.

GoldMining's adjusted earnings per share data for the three months ended in May. 2026 was MXN-0.504. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN0.01 for the trailing ten years ended in May. 2026.

During the past 5 years, the average E10 Growth Rate was 25.70% 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 GoldMining was 50.00% per year. The lowest was 0.00% per year. And the median was 0.00% per year.

As of today (2026-09-17), GoldMining's current stock price is MXN17.80. GoldMining's E10 for the quarter that ended in May. 2026 was MXN0.01. GoldMining's Shiller PE Ratio of today is 1,483.33.


GoldMining  (MEX:GOLD1N N) 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.

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

Shiller PE Ratio=Share Price/E10
=17.80/0.012
=1,483.33

* 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.


Be Aware

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


GoldMining E10 Related Terms


GoldMining E10 Historical Data

* Premium members only.

The historical data trend for GoldMining'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.

GoldMining E10 Chart

GoldMining Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.09 0.08 0.01 -0.00

GoldMining Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.04 0.06 0.05 0.03 0.01

MEX:GOLD1N N vs NEM, AU: E10 Comparison

For the Gold subindustry, GoldMining'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.


GoldMining Shiller PE Ratio vs Metals & Mining Industry

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

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


MEX:GOLD1N N
35GF Score
GoldMining Inc MEX:GOLD1N N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoldMining 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, GoldMining's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=-0.5038/134.0005*134.0005
=-0.504

Current CPI (May. 2026) = 134.0005.

GoldMining Quarterly Data

per share eps CPI Adj_EPS
201608 -0.286 101.686 -0.377
201611 -0.439 101.607 -0.579
201702 -0.157 102.476 -0.205
201705 -0.140 103.108 -0.182
201708 -0.279 103.108 -0.362
201711 -0.295 103.740 -0.381
201802 -0.150 104.688 -0.192
201805 -0.147 105.399 -0.187
201808 -0.148 106.031 -0.187
201811 -0.229 105.478 -0.291
201902 -0.167 106.268 -0.210
201905 -0.129 107.927 -0.160
201908 -0.168 108.085 -0.208
201911 -0.194 107.769 -0.241
202002 -0.187 108.559 -0.230
202005 -0.218 107.532 -0.271
202008 -0.366 108.243 -0.452
202011 -0.442 108.796 -0.544
202102 -0.302 109.745 -0.369
202105 11.169 111.404 13.435
202108 -0.751 112.668 -0.894
202111 0.642 113.932 0.754
202202 -0.332 115.986 -0.384
202205 -0.299 120.016 -0.334
202208 -0.291 120.569 -0.324
202211 -0.394 121.675 -0.434
202302 -0.518 122.070 -0.569
202305 -0.547 124.045 -0.591
202308 -0.668 125.389 -0.714
202311 -0.468 125.468 -0.500
202402 -0.179 125.468 -0.191
202405 -0.362 127.601 -0.381
202408 -0.612 127.838 -0.642
202411 -0.642 127.838 -0.673
202502 -0.333 128.786 -0.346
202505 -0.125 129.813 -0.129
202508 0.026 130.208 0.026
202511 -0.438 130.682 -0.450
202602 -0.403 131.077 -0.412
202605 -0.504 134.001 -0.504

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 MXN0.01 mean?
GoldMining (MEX:GOLD1N N) has a E10 of MXN0.01 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GoldMining and its competitors.
Is GoldMining's E10 too high?
GoldMining's current E10 is MXN0.01. Overall, GoldMining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does GoldMining's E10 compare to NEM and AU?
GoldMining's E10 of MXN0.01 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 GoldMining and its competitors. GoldMining's current E10 is MXN0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoldMining stock overvalued right now?
GoldMining (MEX:GOLD1N N) has a current E10 of MXN0.01. The current E10 is MXN0.01. GoldMining's overall GF Score™ is 35/100 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 GoldMining (MEX:GOLD1N N), the current E10 is MXN0.01 as of May. 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.

GoldMining Business Description

Address 1188 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 4A2
GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and Peru. Its principal projects are the La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia; the Sao Jorge Gold Project, located in Brazil; and its interest in the Whistler Gold-Copper Project, located in Alaska, United States. Additionally, the company has several other projects in its portfolio, such as the Yellowknife Gold Project, Cachoeira Gold Project, Surubim Gold Project, Yarumalito Gold Project, Rea Uranium Project, etc. The firm has two operating segments, with U.S. GoldMining as one distinct operating segment and all other subsidiaries, or Others, being the second operating segment.
35GF Score

Get the complete analysis for MEX:GOLD1N N

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

MXN17.80
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