Barrick Mining (TSX:ABX) E10: C$1.70 (As of Mar. 2026)


TSX:ABX Barrick Mining Corp TSX:ABX
90 GF Score
Price C$52.90
GF Value C$44.95
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Barrick Mining E10?

Barrick Mining TSX:ABX +1.56% 90 E10 is C$1.70 as of Mar. 2026. GuruFocus rates TSX:ABX with a GF Score™ of 90/100 and a GF Value™ of C$44.95 (Modestly 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.

Barrick Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was C$1.317. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Barrick Mining's average E10 Growth Rate was 136.10% 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 Barrick Mining was 47.70% per year. The lowest was -82.80% per year. And the median was 9.50% per year.

As of today (2026-06-27), Barrick Mining's current stock price is C$52.90. Barrick Mining's E10 for the quarter that ended in Mar. 2026 was C$1.70. Barrick Mining's Shiller PE Ratio of today is 31.12.

During the past 13 years, the highest Shiller PE Ratio of Barrick Mining was 168.86. The lowest was 31.03. And the median was 49.56.


Barrick Mining  (TSX:ABX) 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.

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

Shiller PE Ratio=Share Price/E10
=52.90/1.70
=31.12

* 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 Barrick Mining was 168.86. The lowest was 31.03. And the median was 49.56.


Be Aware

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


Barrick Mining E10 Related Terms


Barrick Mining E10 Historical Data

* Premium members only.

The historical data trend for Barrick 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.

Barrick Mining E10 Chart

Barrick 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 -1.29 -1.27 0.14 0.68 1.54

Barrick 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 0.72 0.79 0.94 1.54 1.70

TSX:ABX vs NEM, AU, CDE: E10 Comparison

For the Gold subindustry, Barrick 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.


Barrick Mining Shiller PE Ratio vs Metals & Mining Industry

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

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


TSX:ABX
90GF Score
Barrick Mining Corp TSX:ABX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Barrick 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, Barrick 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)
=1.317/132.2623*132.2623
=1.317

Current CPI (Mar. 2026) = 132.2623.

Barrick Mining Quarterly Data

per share eps CPI Adj_EPS
201606 0.155 102.002 0.201
201609 0.197 101.765 0.256
201612 0.480 101.449 0.626
201703 0.776 102.634 1.000
201706 1.236 103.029 1.587
201709 -0.012 103.345 -0.015
201712 -0.345 103.345 -0.442
201803 0.181 105.004 0.228
201806 -0.105 105.557 -0.132
201809 -0.456 105.636 -0.571
201812 -1.370 105.399 -1.719
201903 0.080 106.979 0.099
201906 0.146 107.690 0.179
201909 1.721 107.611 2.115
201912 1.040 107.769 1.276
202003 0.307 107.927 0.376
202006 0.271 108.401 0.331
202009 0.662 108.164 0.809
202012 0.500 108.559 0.609
202103 0.377 110.298 0.452
202106 0.281 111.720 0.333
202109 0.253 112.905 0.296
202112 0.525 113.774 0.610
202203 0.316 117.646 0.355
202206 0.346 120.806 0.379
202209 0.187 120.648 0.205
202212 -0.571 120.964 -0.624
202303 0.096 122.702 0.103
202306 0.226 124.203 0.241
202309 0.284 125.230 0.300
202312 0.362 125.072 0.383
202403 0.230 126.258 0.241
202406 0.288 127.522 0.299
202409 0.379 127.285 0.394
202412 0.812 127.364 0.843
202503 0.388 129.181 0.397
202506 0.642 129.892 0.654
202509 1.051 130.287 1.067
202512 1.959 130.366 1.987
202603 1.317 132.262 1.317

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$1.70 mean?
Barrick Mining (TSX:ABX) has a E10 of C$1.70 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Barrick Mining and its competitors.
Is Barrick Mining's E10 too high?
Barrick Mining's current E10 is C$1.70. Overall, Barrick Mining has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's E10 compare to NEM and AU?
Barrick Mining's E10 of C$1.70 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 Barrick Mining and its competitors. Barrick Mining's current E10 is C$1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrick Mining stock overvalued right now?
Based on GuruFocus' analysis, Barrick Mining (TSX:ABX) is currently considered Modestly Overvalued. The stock's GF Value™ is C$44.95, compared to a current price of C$52.90 — trading 17.7% above its estimated fair value. The current E10 is C$1.70. Barrick Mining's overall GF Score™ is 90/100 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 Barrick Mining (TSX:ABX), the current E10 is C$1.70 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 Barrick Mining (TSX:ABX) Overvalued in 2026?

Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued. The current stock price of C$52.90 is trading 17.7% above its estimated GF Value™ of C$44.95. GuruFocus considers Barrick Mining to be Modestly Overvalued.

Key valuation signals for TSX:ABX:

  • E10: C$1.70
  • GF Value™: C$44.95 vs. price of C$52.90 (17.7% above fair value)
  • GF Score™: 90/100 with 1 warning sign

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


Barrick Mining Business Description

Address 161 Bay Street, Suite 3700, P.O. Box 212, Brookfield Place, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.
90GF Score

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

C$52.90
Price
C$44.95
GF Value