OceanaGold (MEX:OGCN) E10: MXN13.38 (As of Jun. 2026)

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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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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:OGCN OceanaGold Corp MEX:OGCN
84 GF Score
Price MXN466.16
GF Value MXN345.93
View Full Analysis

What is OceanaGold E10?

OceanaGold MEX:OGCN 84 E10 is MXN13.38 as of Jun. 2026. GuruFocus rates MEX:OGCN with a GF Score™ of 84/100 and a GF Value™ of MXN345.93.

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.

OceanaGold's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN17.275. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN13.38 for the trailing ten years ended in Jun. 2026.

During the past 12 months, OceanaGold's average E10 Growth Rate was 82.10% per year. During the past 3 years, the average E10 Growth Rate was 27.70% per year. During the past 5 years, the average E10 Growth Rate was 16.60% 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 OceanaGold was 35.30% per year. The lowest was -21.10% per year. And the median was 10.80% per year.

As of today (2026-08-28), OceanaGold's current stock price is MXN466.16. OceanaGold's E10 for the quarter that ended in Jun. 2026 was MXN13.38. OceanaGold's Shiller PE Ratio of today is 34.84.

During the past 13 years, the highest Shiller PE Ratio of OceanaGold was 82.41. The lowest was 7.21. And the median was 21.70.


OceanaGold  (MEX:OGCN) 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.

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

Shiller PE Ratio=Share Price/E10
=466.16/13.38
=34.84

* 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 OceanaGold was 82.41. The lowest was 7.21. And the median was 21.70.


Be Aware

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


OceanaGold E10 Related Terms


OceanaGold E10 Historical Data

* Premium members only.

The historical data trend for OceanaGold'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.

OceanaGold E10 Chart

OceanaGold 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 9.23

OceanaGold 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 0.00 6.39 9.23 9.57 13.38

MEX:OGCN vs NEM, AU: E10 Comparison

For the Gold subindustry, OceanaGold'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.


OceanaGold Shiller PE Ratio vs Metals & Mining Industry

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

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


MEX:OGCN
84GF Score
OceanaGold Corp MEX:OGCN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OceanaGold 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, OceanaGold'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)
=17.275/133.5265*133.5265
=17.275

Current CPI (Jun. 2026) = 133.5265.

OceanaGold Quarterly Data

per share eps CPI Adj_EPS
201609 2.900 101.765 3.805
201612 4.330 101.449 5.699
201703 3.389 102.634 4.409
201706 2.169 103.029 2.811
201709 1.633 103.345 2.110
201712 8.249 103.345 10.658
201803 3.815 105.004 4.851
201806 4.126 105.557 5.219
201809 1.683 105.636 2.127
201812 -4.712 105.399 -5.969
201903 1.164 106.979 1.453
201906 1.153 107.690 1.430
201909 -2.369 107.611 -2.940
201912 0.566 107.769 0.701
202003 -2.814 107.927 -3.481
202006 -3.462 108.401 -4.264
202009 -10.604 108.164 -13.090
202012 0.597 108.559 0.734
202103 1.226 110.298 1.484
202106 2.389 111.720 2.855
202109 3.701 112.905 4.377
202112 -8.616 113.774 -10.112
202203 6.571 117.646 7.458
202206 1.811 120.806 2.002
202209 -0.603 120.648 -0.667
202212 2.924 120.964 3.228
202303 2.704 122.702 2.943
202306 4.629 124.203 4.976
202309 -0.523 125.230 -0.558
202312 -1.018 125.072 -1.087
202403 -0.498 126.258 -0.527
202406 2.382 127.522 2.494
202409 4.923 127.285 5.164
202412 8.968 127.364 9.402
202503 8.592 129.181 8.881
202506 9.226 129.892 9.484
202509 6.787 130.287 6.956
202512 25.388 130.366 26.003
202603 18.213 132.262 18.387
202606 17.275 133.527 17.275

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 MXN13.38 mean?
OceanaGold (MEX:OGCN) has a E10 of MXN13.38 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on OceanaGold and its competitors.
Is OceanaGold's E10 too high?
OceanaGold's current E10 is MXN13.38. Overall, OceanaGold has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does OceanaGold's E10 compare to NEM and AU?
OceanaGold's E10 of MXN13.38 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 OceanaGold and its competitors. OceanaGold's current E10 is MXN13.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OceanaGold stock overvalued right now?
OceanaGold (MEX:OGCN) has a current E10 of MXN13.38. The stock's GF Value™ is MXN345.93, compared to a current price of MXN466.16 — trading 34.8% above its estimated fair value. The current E10 is MXN13.38. OceanaGold's overall GF Score™ is 84/100. 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 OceanaGold (MEX:OGCN), the current E10 is MXN13.38 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 OceanaGold (MEX:OGCN) Overvalued in 2026?

Based on GuruFocus' analysis, OceanaGold stock appears to be overvalued. The current stock price of MXN466.16 is trading 34.8% above its estimated GF Value™ of MXN345.93.

Key valuation signals for MEX:OGCN:

  • E10: MXN13.38
  • GF Value™: MXN345.93 vs. price of MXN466.16 (34.8% above fair value)
  • GF Score™: 84/100

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


OceanaGold Business Description

Address 400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering robust returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The company generates key revenue from Haile mines.
84GF Score

Get the complete analysis for MEX:OGCN

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

MXN466.16
Price
MXN345.93
GF Value