Advantage Energy (TSX:AAV) E10: C$0.41 (As of Mar. 2026)


TSX:AAV Advantage Energy Ltd TSX:AAV
84 GF Score
Price C$10.15
GF Value C$12.36
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Advantage Energy E10?

Advantage Energy TSX:AAV +2.32% 84 E10 is C$0.41 as of Mar. 2026. GuruFocus rates TSX:AAV with a GF Score™ of 84/100 and a GF Value™ of C$12.36 (Modestly Undervalued). The stock has 6 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.

Advantage Energy's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Advantage Energy's average E10 Growth Rate was 17.10% per year. During the past 3 years, the average E10 Growth Rate was 11.30% 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 Advantage Energy was 109.90% per year. The lowest was -51.90% per year. And the median was -2.60% per year.

As of today (2026-06-28), Advantage Energy's current stock price is C$10.15. Advantage Energy's E10 for the quarter that ended in Mar. 2026 was C$0.41. Advantage Energy's Shiller PE Ratio of today is 24.76.

During the past 13 years, the highest Shiller PE Ratio of Advantage Energy was 211.00. The lowest was 21.23. And the median was 27.76.


Advantage Energy  (TSX:AAV) 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.

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

Shiller PE Ratio=Share Price/E10
=10.15/0.41
=24.76

* 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 Advantage Energy was 211.00. The lowest was 21.23. And the median was 27.76.


Be Aware

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


Advantage Energy E10 Related Terms


Advantage Energy E10 Historical Data

* Premium members only.

The historical data trend for Advantage 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.

Advantage Energy E10 Chart

Advantage 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 0.04 0.29 0.36 0.37 0.40

Advantage 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 0.35 0.40 0.00 0.40 0.41

TSX:AAV vs COP, EOG, OXY: E10 Comparison

For the Oil & Gas E&P subindustry, Advantage 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.


Advantage Energy Shiller PE Ratio vs Oil & Gas Industry

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

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


TSX:AAV
84GF Score
Advantage Energy Ltd TSX:AAV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advantage 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, Advantage 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)
=0.17/132.2623*132.2623
=0.170

Current CPI (Mar. 2026) = 132.2623.

Advantage Energy Quarterly Data

per share eps CPI Adj_EPS
201606 -0.160 102.002 -0.207
201609 0.040 101.765 0.052
201612 -0.050 101.449 -0.065
201703 0.220 102.634 0.284
201706 0.100 103.029 0.128
201709 0.070 103.345 0.090
201712 0.110 103.345 0.141
201803 0.050 105.004 0.063
201806 -0.080 105.557 -0.100
201809 -0.050 105.636 -0.063
201812 0.140 105.399 0.176
201903 0.004 106.979 0.005
201906 0.020 107.690 0.025
201909 -0.140 107.611 -0.172
201912 -0.010 107.769 -0.012
202003 -1.430 107.927 -1.752
202006 -0.110 108.401 -0.134
202009 -0.110 108.164 -0.135
202012 0.130 108.559 0.158
202103 -0.002 110.298 -0.002
202106 0.040 111.720 0.047
202109 0.220 112.905 0.258
202112 1.810 113.774 2.104
202203 0.100 117.646 0.112
202206 0.830 120.806 0.909
202209 0.210 120.648 0.230
202212 0.600 120.964 0.656
202303 0.170 122.702 0.183
202306 0.020 124.203 0.021
202309 0.160 125.230 0.169
202312 0.240 125.072 0.254
202403 0.140 126.258 0.147
202406 -0.070 127.522 -0.073
202409 -0.040 127.285 -0.042
202412 0.100 127.364 0.104
202503 -0.170 129.181 -0.174
202506 0.410 129.892 0.417
202509 0.000 130.287 0.000
202512 0.060 130.366 0.061
202603 0.170 132.262 0.170

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 C$0.41 mean?
Advantage Energy (TSX:AAV) has a E10 of C$0.41 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Advantage Energy and its competitors.
Is Advantage Energy's E10 too high?
Advantage Energy's current E10 is C$0.41. Overall, Advantage Energy has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advantage Energy's E10 compare to COP and EOG?
Advantage Energy's E10 of C$0.41 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 Advantage Energy and its competitors. Advantage Energy's current E10 is C$0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Energy stock overvalued right now?
Based on GuruFocus' analysis, Advantage Energy (TSX:AAV) is currently considered Modestly Undervalued. The stock's GF Value™ is C$12.36, compared to a current price of C$10.15 — trading 17.9% below its estimated fair value. The current E10 is C$0.41. Advantage Energy's overall GF Score™ is 84/100 with 6 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 Advantage Energy (TSX:AAV), the current E10 is C$0.41 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 Advantage Energy (TSX:AAV) Overvalued in 2026?

Based on GuruFocus' analysis, Advantage Energy stock appears to be undervalued. The current stock price of C$10.15 is trading 17.9% below its estimated GF Value™ of C$12.36. GuruFocus considers Advantage Energy to be Modestly Undervalued.

Key valuation signals for TSX:AAV:

  • E10: C$0.41
  • GF Value™: C$12.36 vs. price of C$10.15 (17.9% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Advantage Energy Business Description

Industry EnergyOil & Gas
Other Exchanges AAVVF:USA9SA0:Germany
Address 440 - 2nd Avenue SW, Millennium Tower, Suite 2200, Calgary, AB, CAN, T2P 5E9
Advantage Energy Ltd is an energy producer with a position in the Western Canadian Sedimentary Basin. Additionally, it provides carbon capture and storage (CCS) solutions to emitters of carbon dioxide through its subsidiary. Its segments include Advantage (natural gas and liquids producer) engaged in the business of natural gas, crude oil and liquids production from its Montney and Charlie Lake resource plays in Alberta and B.C.; and Entropy (carbon capture and storage) provides carbon capture and storage solutions to emitters of carbon dioxide. Entropy captures and sequesters carbon at Advantage's Glacier Gas Plant.
84GF Score

Get the complete analysis for TSX:AAV

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

C$10.15
Price
C$12.36
GF Value