SU (Suncor Energy) E10: $2.41 (As of Mar. 2026)


SU Suncor Energy Inc SU
65 GF Score
Price $54.08
GF Value $41.71
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Suncor Energy E10?

Suncor Energy SU -0.52% 65 E10 is $2.41 as of Mar. 2026. GuruFocus rates SU with a GF Score™ of 65/100 and a GF Value™ of $41.71 (Modestly Overvalued). 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.

Suncor Energy's adjusted earnings per share data for the three months ended in Mar. 2026 was $1.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Suncor Energy's average E10 Growth Rate was 27.30% per year. 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 21.30% per year. During the past 10 years, the average E10 Growth Rate was 4.70% 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 Suncor Energy was 47.40% per year. The lowest was -9.00% per year. And the median was 15.90% per year.

As of today (2026-06-26), Suncor Energy's current stock price is $54.08. Suncor Energy's E10 for the quarter that ended in Mar. 2026 was $2.41. Suncor Energy's Shiller PE Ratio of today is 22.44.

During the past 13 years, the highest Shiller PE Ratio of Suncor Energy was 37.17. The lowest was 8.88. And the median was 23.04.


Suncor Energy  (NYSE:SU) 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.

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

Shiller PE Ratio=Share Price/E10
=54.08/2.41
=22.44

* 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 Suncor Energy was 37.17. The lowest was 8.88. And the median was 23.04.


Be Aware

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


Suncor Energy E10 Related Terms


Suncor Energy E10 Historical Data

* Premium members only.

The historical data trend for Suncor Energy'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.

Suncor Energy E10 Chart

Suncor Energy 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 1.01 1.33 1.63 1.70 2.30

Suncor Energy 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 1.83 1.97 2.05 2.30 2.41

SU vs XOM, CVX: E10 Comparison

For the Oil & Gas Integrated subindustry, Suncor Energy'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.


Suncor Energy Shiller PE Ratio vs Oil & Gas Industry

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

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


SU
65GF Score
Suncor Energy Inc SU
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Suncor Energy 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, Suncor Energy'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)
=1.29/132.2623*132.2623
=1.290

Current CPI (Mar. 2026) = 132.2623.

Suncor Energy Quarterly Data

per share eps CPI Adj_EPS
201606 -0.357 102.002 -0.463
201609 0.183 101.765 0.238
201612 0.240 101.449 0.313
201703 0.605 102.634 0.780
201706 0.196 103.029 0.252
201709 0.635 103.345 0.813
201712 0.658 103.345 0.842
201803 0.371 105.004 0.467
201806 0.450 105.557 0.564
201809 0.852 105.636 1.067
201812 -0.134 105.399 -0.168
201903 0.696 106.979 0.860
201906 1.309 107.690 1.608
201909 0.506 107.611 0.622
201912 -1.154 107.769 -1.416
202003 -1.655 107.927 -2.028
202006 -0.295 108.401 -0.360
202009 -0.008 108.164 -0.010
202012 -0.086 108.559 -0.105
202103 0.430 110.298 0.516
202106 0.475 111.720 0.562
202109 0.466 112.905 0.546
202112 0.836 113.774 0.972
202203 1.627 117.646 1.829
202206 2.210 120.806 2.420
202209 -0.337 120.648 -0.369
202212 1.494 120.964 1.634
202303 1.125 122.702 1.213
202306 1.076 124.203 1.146
202309 0.879 125.230 0.928
202312 1.625 125.072 1.718
202403 0.923 126.258 0.967
202406 0.890 127.522 0.923
202409 1.174 127.285 1.220
202412 0.456 127.364 0.474
202503 0.947 129.181 0.970
202506 0.680 129.892 0.692
202509 0.969 130.287 0.984
202512 0.892 130.366 0.905
202603 1.290 132.262 1.290

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 $2.41 mean?
Suncor Energy (SU) has a E10 of $2.41 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Suncor Energy and its competitors.
Is Suncor Energy's E10 too high?
Suncor Energy's current E10 is $2.41. Overall, Suncor Energy has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suncor Energy's E10 compare to XOM and CVX?
Suncor Energy's E10 of $2.41 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 Suncor Energy and its competitors. Suncor Energy's current E10 is $2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncor Energy stock overvalued right now?
Based on GuruFocus' analysis, Suncor Energy (SU) is currently considered Modestly Overvalued. The stock's GF Value™ is $41.71, compared to a current price of $54.08 — trading 29.7% above its estimated fair value. The current E10 is $2.41. Suncor Energy's overall GF Score™ is 65/100 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 Suncor Energy (SU), the current E10 is $2.41 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 Suncor Energy (SU) Overvalued in 2026?

Based on GuruFocus' analysis, Suncor Energy stock appears to be overvalued. The current stock price of $54.08 is trading 29.7% above its estimated GF Value™ of $41.71. GuruFocus considers Suncor Energy to be Modestly Overvalued.

Key valuation signals for SU:

  • E10: $2.41
  • GF Value™: $41.71 vs. price of $54.08 (29.7% above fair value)
  • GF Score™: 65/100 with 2 warning signs

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


Suncor Energy Business Description

Industry EnergyOil & Gas
Address 150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Suncor Energy Inc is an integrated energy company. The company's operations span the full energy value chain, including oil sands mining and in situ operations, upgrading, offshore production, petroleum refining in Canada and the U.S., marketing and trading, and nationwide PetroCanada retail and wholesale networks delivering reliable energy that fuels economic growth and meets the needs of customers across Canada and globally. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products, & power. The company's operating segments include Oil Sands, Exploration & Production, Refining & Marketing (R&M), & Corporate & eliminations. Geographically, the company generates a majority of its revenue from Canada.
65GF Score

Get the complete analysis for SU

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

$54.08
Price
$41.71
GF Value