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TECK (Teck Resources) E10 : $1.81 (As of Mar. 2025)


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What is Teck Resources E10?

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.

Teck Resources's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.508. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.81 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Teck Resources's average E10 Growth Rate was 2.40% per year. During the past 3 years, the average E10 Growth Rate was 15.20% per year. During the past 5 years, the average E10 Growth Rate was 7.60% per year. During the past 10 years, the average E10 Growth Rate was -2.00% 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 Teck Resources was 69.70% per year. The lowest was -16.00% per year. And the median was 11.70% per year.

As of today (2025-07-12), Teck Resources's current stock price is $38.31. Teck Resources's E10 for the quarter that ended in Mar. 2025 was $1.81. Teck Resources's Shiller PE Ratio of today is 21.17.

During the past 13 years, the highest Shiller PE Ratio of Teck Resources was 32.33. The lowest was 1.63. And the median was 16.00.


Teck Resources E10 Historical Data

The historical data trend for Teck 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.

* Premium members only.

Teck Resources E10 Chart

Teck Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.31 1.59 1.87 1.75

Teck Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.88 1.92 1.83 1.75 1.81

Competitive Comparison of Teck Resources's E10

For the Other Industrial Metals & Mining subindustry, Teck 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.


Teck Resources's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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


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Teck 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, Teck Resources's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.508/129.1809*129.1809
=0.508

Current CPI (Mar. 2025) = 129.1809.

Teck Resources Quarterly Data

per share eps CPI Adj_EPS
201506 0.089 100.500 0.114
201509 -2.812 100.421 -3.617
201512 -0.583 99.947 -0.754
201603 0.121 101.054 0.155
201606 0.023 102.002 0.029
201609 0.305 101.765 0.387
201612 0.892 101.449 1.136
201703 0.710 102.634 0.894
201706 0.745 103.029 0.934
201709 0.806 103.345 1.008
201712 1.018 103.345 1.273
201803 1.005 105.004 1.236
201806 0.830 105.557 1.016
201809 1.688 105.636 2.064
201812 0.558 105.399 0.684
201903 0.823 106.979 0.994
201906 0.309 107.690 0.371
201909 0.498 107.611 0.598
201912 -1.230 107.769 -1.474
202003 -0.408 107.927 -0.488
202006 -0.207 108.401 -0.247
202009 0.083 108.164 0.099
202012 -0.679 108.559 -0.808
202103 0.453 110.298 0.531
202106 0.393 111.720 0.454
202109 1.192 112.905 1.364
202112 2.141 113.774 2.431
202203 2.267 117.646 2.489
202206 2.398 120.806 2.564
202209 -0.277 120.648 -0.297
202212 0.375 120.964 0.400
202303 1.593 122.702 1.677
202306 0.730 124.203 0.759
202309 0.384 125.230 0.396
202312 0.686 125.072 0.709
202403 0.480 126.258 0.491
202406 0.503 127.522 0.510
202409 -0.997 127.285 -1.012
202412 0.547 127.364 0.555
202503 0.508 129.181 0.508

Add all the adjusted EPS together and divide 10 will get our e10.


Teck Resources  (NYSE:TECK) 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.

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

Shiller PE Ratio=Share Price/E10
=38.31/1.81
=21.17

* 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 Teck Resources was 32.33. The lowest was 1.63. And the median was 16.00.


Be Aware

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


Teck Resources E10 Related Terms

Thank you for viewing the detailed overview of Teck Resources's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Teck Resources Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 75%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low-carbon metals such as copper. It sold its oil sands business in early 2023 and its coal business in mid-2024.