MNSAF (Mineros) E10: $0.23 (As of Mar. 2026)


MNSAF Mineros SA MNSAF
69 GF Score
Price $4.58
GF Value $1.87
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Mineros E10?

Mineros MNSAF +1.74% 69 E10 is $0.23 as of Mar. 2026. GuruFocus rates MNSAF with a GF Score™ of 69/100 and a GF Value™ of $1.87 (Significantly Overvalued). 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.

Mineros's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.23 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-26), Mineros's current stock price is $4.5785. Mineros's E10 for the quarter that ended in Mar. 2026 was $0.23. Mineros's Shiller PE Ratio of today is 19.91.

During the past 13 years, the highest Shiller PE Ratio of Mineros was 26.81. The lowest was 15.31. And the median was 18.84.


Mineros  (OTCPK:MNSAF) 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.

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

Shiller PE Ratio=Share Price/E10
=4.5785/0.23
=19.91

* 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 Mineros was 26.81. The lowest was 15.31. And the median was 18.84.


Be Aware

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


Mineros E10 Related Terms


Mineros E10 Historical Data

* Premium members only.

The historical data trend for Mineros'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.

Mineros E10 Chart

Mineros 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 0.20

Mineros 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 0.00 0.00 0.29 0.20 0.23

MNSAF vs NEM, AU, CDE: E10 Comparison

For the Gold subindustry, Mineros'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.


Mineros Shiller PE Ratio vs Metals & Mining Industry

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

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


MNSAF
69GF Score
Mineros SA MNSAF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mineros 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, Mineros'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)
=0.29/330.2130*330.2130
=0.290

Current CPI (Mar. 2026) = 330.2130.

Mineros Quarterly Data

per share eps CPI Adj_EPS
201112 0.000 225.672 0.000
201212 0.000 229.601 0.000
201312 0.000 233.049 0.000
201412 -0.016 234.812 -0.023
201503 0.053 236.119 0.074
201506 0.019 238.638 0.026
201509 -0.026 237.945 -0.036
201512 0.029 236.525 0.040
201603 0.055 238.132 0.076
201612 0.000 241.432 0.000
201706 0.054 244.955 0.073
201712 0.000 246.524 0.000
201806 0.025 251.989 0.033
201812 0.000 251.233 0.000
201906 0.009 256.143 0.012
201912 0.000 256.974 0.000
202006 0.037 257.797 0.047
202009 0.090 260.280 0.114
202012 0.050 260.474 0.063
202103 0.050 264.877 0.062
202106 0.040 271.696 0.049
202109 0.030 274.310 0.036
202112 0.040 278.802 0.047
202203 0.030 287.504 0.034
202206 0.040 296.311 0.045
202209 0.010 296.808 0.011
202212 -0.070 296.797 -0.078
202303 0.050 301.836 0.055
202306 0.070 305.109 0.076
202309 -0.110 307.789 -0.118
202312 0.080 306.746 0.086
202403 0.060 312.332 0.063
202406 0.060 314.175 0.063
202409 0.100 315.301 0.105
202412 0.080 315.605 0.084
202503 0.130 319.799 0.134
202506 0.150 322.561 0.154
202509 0.180 324.800 0.183
202512 0.040 324.054 0.041
202603 0.290 330.213 0.290

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 $0.23 mean?
Mineros (MNSAF) has a E10 of $0.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mineros and its competitors.
Is Mineros' E10 too high?
Mineros' current E10 is $0.23. Overall, Mineros has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mineros' E10 compare to NEM and AU?
Mineros' E10 of $0.23 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 Mineros and its competitors. Mineros's current E10 is $0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineros stock overvalued right now?
Based on GuruFocus' analysis, Mineros (MNSAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.87, compared to a current price of $4.58 — trading 144.8% above its estimated fair value. The current E10 is $0.23. Mineros' overall GF Score™ is 69/100 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 Mineros (MNSAF), the current E10 is $0.23 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 Mineros (MNSAF) Overvalued in 2026?

Based on GuruFocus' analysis, Mineros stock appears to be overvalued. The current stock price of $4.58 is trading 144.8% above its estimated GF Value™ of $1.87. GuruFocus considers Mineros to be Significantly Overvalued.

Key valuation signals for MNSAF:

  • E10: $0.23
  • GF Value™: $1.87 vs. price of $4.58 (144.8% above fair value)
  • GF Score™: 69/100 with 1 warning sign

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


Mineros Business Description

Other Exchanges MINEROS:ColombiaMSA:Canada
Address Carrera 43 A No 14-109, Nova Tempo Building, 6th floor, Medellin, COL
Mineros SA is a precious metals producer with gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects, including the La Pepa project in Chile, included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).
69GF Score

Get the complete analysis for MNSAF

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

$4.58
Price
$1.87
GF Value