MMMPF (Mermaid Maritime PCL) E10: $-0.01 (As of Mar. 2026)


MMMPF Mermaid Maritime PCL MMMPF
48 GF Score
Price $0.08
GF Value $0.06
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Mermaid Maritime PCL E10?

Mermaid Maritime PCL MMMPF +2.56% 48 E10 is $-0.01 as of Mar. 2026. GuruFocus rates MMMPF with a GF Score™ of 48/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 7 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.

Mermaid Maritime PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.01 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 20.60% per year. During the past 5 years, the average E10 Growth Rate was 3.80% 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 Mermaid Maritime PCL was 20.60% per year. The lowest was -44.20% per year. And the median was -10.10% per year.

As of today (2026-07-12), Mermaid Maritime PCL's current stock price is $0.08. Mermaid Maritime PCL's E10 for the quarter that ended in Mar. 2026 was $-0.01. Mermaid Maritime PCL's Shiller PE Ratio of today is .


Mermaid Maritime PCL  (OTCPK:MMMPF) 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.


Be Aware

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


Mermaid Maritime PCL E10 Related Terms


Mermaid Maritime PCL E10 Historical Data

* Premium members only.

The historical data trend for Mermaid Maritime PCL'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.

Mermaid Maritime PCL E10 Chart

Mermaid Maritime PCL 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 -0.06 -0.01

Mermaid Maritime PCL 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 -0.06 -0.04 -0.03 -0.01 -0.01

MMMPF vs SLB, BKR, HAL: E10 Comparison

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.


Mermaid Maritime PCL Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mermaid Maritime PCL's Shiller PE Ratio falls into.


MMMPF
48GF Score
Mermaid Maritime PCL MMMPF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mermaid Maritime PCL 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, Mermaid Maritime PCL'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)
=-0.001/330.2130*330.2130
=-0.001

Current CPI (Mar. 2026) = 330.2130.

Mermaid Maritime PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.006 241.018 0.008
201609 0.005 241.428 0.007
201612 0.000 241.432 0.000
201703 0.001 243.801 0.001
201706 0.003 244.955 0.004
201709 -0.001 246.819 -0.001
201712 0.001 246.524 0.001
201803 -0.004 249.554 -0.005
201806 -0.006 251.989 -0.008
201809 -0.001 252.439 -0.001
201812 -0.008 251.233 -0.011
201903 -0.003 254.202 -0.004
201906 -0.004 256.143 -0.005
201909 -0.004 256.759 -0.005
201912 -0.006 256.974 -0.008
202003 -0.007 258.115 -0.009
202006 -0.007 257.797 -0.009
202009 -0.060 260.280 -0.076
202012 -0.004 260.474 -0.005
202103 -0.003 264.877 -0.004
202106 -0.002 271.696 -0.002
202109 -0.003 274.310 -0.004
202112 -0.003 278.802 -0.004
202203 -0.006 287.504 -0.007
202206 0.002 296.311 0.002
202209 0.002 296.808 0.002
202212 0.002 296.797 0.002
202303 -0.003 301.836 -0.003
202306 0.002 305.109 0.002
202309 0.005 307.789 0.005
202312 0.003 306.746 0.003
202403 0.000 312.332 0.000
202406 0.002 314.175 0.002
202409 0.001 315.301 0.001
202412 0.007 315.605 0.007
202503 -0.006 319.799 -0.006
202506 -0.006 322.561 -0.006
202509 0.009 324.800 0.009
202512 0.003 324.054 0.003
202603 -0.001 330.213 -0.001

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 $-0.01 mean?
Mermaid Maritime PCL (MMMPF) has a E10 of $-0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mermaid Maritime PCL and its competitors.
Is Mermaid Maritime PCL's E10 too high?
Mermaid Maritime PCL's current E10 is $-0.01. Overall, Mermaid Maritime PCL has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mermaid Maritime PCL's E10 compare to SLB and BKR?
Mermaid Maritime PCL's E10 of $-0.01 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Mermaid Maritime PCL and its competitors. Mermaid Maritime PCL's current E10 is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.3% above its estimated fair value. The current E10 is $-0.01. Mermaid Maritime PCL's overall GF Score™ is 48/100 with 7 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 Mermaid Maritime PCL (MMMPF), the current E10 is $-0.01 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 Mermaid Maritime PCL (MMMPF) Overvalued in 2026?

Based on GuruFocus' analysis, Mermaid Maritime PCL stock appears to be overvalued. The current stock price of $0.08 is trading 33.3% above its estimated GF Value™ of $0.06. GuruFocus considers Mermaid Maritime PCL to be Significantly Overvalued.

Key valuation signals for MMMPF:

  • E10: $-0.01
  • GF Value™: $0.06 vs. price of $0.08 (33.3% above fair value)
  • GF Score™: 48/100 with 7 warning signs

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


Mermaid Maritime PCL Business Description

Industry EnergyOil & Gas
Other Exchanges DU4:Singapore
Address Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.
48GF Score

Get the complete analysis for MMMPF

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

$0.08
Price
$0.06
GF Value