Torex Gold Resources (MEX:TXG1N) E10: MXN33.40 (As of Mar. 2026)

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MEX:TXG1N Torex Gold Resources Inc MEX:TXG1N
80 GF Score
Price MXN708.36
GF Value MXN645.89
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Torex Gold Resources E10?

Torex Gold Resources MEX:TXG1N 80 E10 is MXN33.40 as of Mar. 2026. GuruFocus rates MEX:TXG1N with a GF Score™ of 80/100 and a GF Value™ of MXN645.89 (Fairly Valued). The stock has 2 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.

Torex Gold Resources's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN38.951. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN33.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Torex Gold Resources's average E10 Growth Rate was 68.70% per year. During the past 3 years, the average E10 Growth Rate was 52.00% 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 Torex Gold Resources was 131.80% per year. The lowest was -27.40% per year. And the median was 1.10% per year.

As of today (2026-08-10), Torex Gold Resources's current stock price is MXN708.36. Torex Gold Resources's E10 for the quarter that ended in Mar. 2026 was MXN33.40. Torex Gold Resources's Shiller PE Ratio of today is 21.21.

During the past 13 years, the highest Shiller PE Ratio of Torex Gold Resources was 365.50. The lowest was 12.81. And the median was 26.65.


Torex Gold Resources  (MEX:TXG1N) 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.

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

Shiller PE Ratio=Share Price/E10
=708.36/33.40
=21.21

* 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 Torex Gold Resources was 365.50. The lowest was 12.81. And the median was 26.65.


Be Aware

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


Torex Gold Resources E10 Related Terms


Torex Gold Resources E10 Historical Data

* Premium members only.

The historical data trend for Torex Gold 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.

Torex Gold Resources E10 Chart

Torex Gold 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 1.72 6.62 18.50 20.25 27.16

Torex Gold 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 17.98 17.78 18.09 27.16 33.40

MEX:TXG1N vs NEM, AU: E10 Comparison

For the Gold subindustry, Torex Gold 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.


Torex Gold Resources Shiller PE Ratio vs Metals & Mining Industry

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

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


MEX:TXG1N
80GF Score
Torex Gold Resources Inc MEX:TXG1N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Torex Gold 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, Torex Gold 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)
=38.951/132.2623*132.2623
=38.951

Current CPI (Mar. 2026) = 132.2623.

Torex Gold Resources Quarterly Data

per share eps CPI Adj_EPS
201606 1.479 102.002 1.918
201609 5.801 101.765 7.539
201612 2.886 101.449 3.763
201703 2.071 102.634 2.669
201706 1.085 103.029 1.393
201709 -0.363 103.345 -0.465
201712 -6.285 103.345 -8.044
201803 2.180 105.004 2.746
201806 -2.751 105.557 -3.447
201809 5.237 105.636 6.557
201812 0.196 105.399 0.246
201903 -0.388 106.979 -0.480
201906 2.305 107.690 2.831
201909 6.317 107.611 7.764
201912 7.733 107.769 9.490
202003 -13.365 107.927 -16.378
202006 0.923 108.401 1.126
202009 15.243 108.164 18.639
202012 21.284 108.559 25.931
202103 12.673 110.298 15.197
202106 13.735 111.720 16.261
202109 8.430 112.905 9.875
202112 -0.205 113.774 -0.238
202203 9.159 117.646 10.297
202206 16.094 120.806 17.620
202209 10.259 120.648 11.247
202212 7.798 120.964 8.526
202303 14.240 122.702 15.349
202306 14.572 124.203 15.518
202309 1.568 125.230 1.656
202312 9.675 125.072 10.231
202403 8.298 126.258 8.693
202406 0.366 127.522 0.380
202409 6.695 127.285 6.957
202412 14.390 127.364 14.943
202503 9.206 129.181 9.426
202506 17.888 129.892 18.214
202509 24.031 130.287 24.395
202512 32.770 130.366 33.247
202603 38.951 132.262 38.951

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 MXN33.40 mean?
Torex Gold Resources (MEX:TXG1N) has a E10 of MXN33.40 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Torex Gold Resources and its competitors.
Is Torex Gold Resources' E10 too high?
Torex Gold Resources' current E10 is MXN33.40. Overall, Torex Gold Resources has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' E10 compare to NEM and AU?
Torex Gold Resources' E10 of MXN33.40 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 Torex Gold Resources and its competitors. Torex Gold Resources's current E10 is MXN33.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (MEX:TXG1N) is currently considered Fairly Valued. The stock's GF Value™ is MXN645.89, compared to a current price of MXN708.36 — trading 9.7% above its estimated fair value. The current E10 is MXN33.40. Torex Gold Resources' overall GF Score™ is 80/100 with 2 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 Torex Gold Resources (MEX:TXG1N), the current E10 is MXN33.40 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 Torex Gold Resources (MEX:TXG1N) Overvalued in 2026?

Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued. The current stock price of MXN708.36 is trading 9.7% above its estimated GF Value™ of MXN645.89. GuruFocus considers Torex Gold Resources to be Fairly Valued.

Key valuation signals for MEX:TXG1N:

  • E10: MXN33.40
  • GF Value™: MXN645.89 vs. price of MXN708.36 (9.7% above fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the MEX:TXG1N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Torex Gold Resources Business Description

Address 130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2
Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
80GF Score

Get the complete analysis for MEX:TXG1N

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

MXN708.36
Price
MXN645.89
GF Value