MRRDF (Meridian Mining) E10: $-0.11 (As of Mar. 2026)


MRRDF Meridian Mining PLC MRRDF
22 GF Score
Price $1.11
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What is Meridian Mining E10?

Meridian Mining MRRDF -8.26% 22 E10 is $-0.11 as of Mar. 2026. GuruFocus rates MRRDF with a GF Score™ of 22/100.

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.

Meridian Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.11 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 3.90% per year. During the past 5 years, the average E10 Growth Rate was -3.50% per year. During the past 10 years, the average E10 Growth Rate was 6.90% 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 Meridian Mining was 34.10% per year. The lowest was -21.60% per year. And the median was 10.00% per year.

As of today (2026-06-24), Meridian Mining's current stock price is $1.11. Meridian Mining's E10 for the quarter that ended in Mar. 2026 was $-0.11. Meridian Mining's Shiller PE Ratio of today is .


Meridian Mining  (OTCPK:MRRDF) 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.


Meridian Mining E10 Related Terms


Meridian Mining E10 Historical Data

* Premium members only.

The historical data trend for Meridian Mining'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.

Meridian Mining E10 Chart

Meridian Mining 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 -0.13 -0.14 -0.14 -0.13 -0.12

Meridian Mining 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 -0.13 -0.13 -0.13 -0.12 -0.11

Meridian Mining E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Meridian Mining'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.


Meridian Mining Shiller PE Ratio vs Metals & Mining Industry

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

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


MRRDF
22GF Score
Meridian Mining PLC MRRDF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridian Mining 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, Meridian Mining'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)
=-0.02/140.8000*140.8000
=-0.020

Current CPI (Mar. 2026) = 140.8000.

Meridian Mining Quarterly Data

per share eps CPI Adj_EPS
201606 -0.020 101.000 -0.028
201609 -0.030 101.500 -0.042
201612 -0.030 102.200 -0.041
201703 -0.020 102.700 -0.027
201706 -0.030 103.500 -0.041
201709 -0.020 104.300 -0.027
201712 -0.030 105.000 -0.040
201803 -0.005 105.100 -0.007
201806 -0.010 105.900 -0.013
201809 -0.020 106.600 -0.026
201812 -0.060 107.100 -0.079
201903 -0.010 107.000 -0.013
201906 -0.010 107.900 -0.013
201909 -0.020 108.400 -0.026
201912 -0.070 108.500 -0.091
202003 -0.020 108.600 -0.026
202006 -0.001 108.800 -0.001
202009 -0.080 109.200 -0.103
202012 0.019 109.400 0.024
202103 -0.070 109.700 -0.090
202106 -0.080 111.400 -0.101
202109 -0.060 112.400 -0.075
202112 -0.100 114.700 -0.123
202203 0.010 116.500 0.012
202206 -0.020 120.500 -0.023
202209 -0.010 122.300 -0.012
202212 -0.010 125.300 -0.011
202303 -0.010 126.800 -0.011
202306 -0.010 129.400 -0.011
202309 -0.010 130.100 -0.011
202312 -0.010 130.500 -0.011
202403 -0.010 131.600 -0.011
202406 -0.010 133.000 -0.011
202409 -0.010 133.500 -0.011
202412 -0.030 135.100 -0.031
202503 -0.010 136.100 -0.010
202506 -0.010 138.400 -0.010
202509 -0.010 138.900 -0.010
202512 -0.020 139.900 -0.020
202603 -0.020 140.800 -0.020

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 $-0.11 mean?
Meridian Mining (MRRDF) has a E10 of $-0.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Meridian Mining and its competitors.
Is Meridian Mining's E10 too high?
Meridian Mining's current E10 is $-0.11. Overall, Meridian Mining has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Meridian Mining's E10 compare to competitors?
Meridian Mining's E10 of $-0.11 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 Meridian Mining and its competitors. Meridian Mining's current E10 is $-0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Mining stock overvalued right now?
Meridian Mining (MRRDF) has a current E10 of $-0.11. The current E10 is $-0.11. Meridian Mining's overall GF Score™ is 22/100. 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 Meridian Mining (MRRDF), the current E10 is $-0.11 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.

Meridian Mining Business Description

Address 4 More London Riverside, 8th Floor, London, GBR, SE1 2AU
Meridian Mining PLC is engaged in the exploration and development of mineral deposits in Brazil. The Company is currently focused on resource development of the Cabacal Project, the regional scale exploration of the Cabacal VMS belt and the exploration in the Santa Helena and Espigao.
22GF Score

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

$1.11
Price