Black Iron (TSX:BKI) E10: C$0.00 (As of Mar. 2026)


TSX:BKI Black Iron Inc TSX:BKI
24 GF Score
Price C$0.12
! 3 Warning Signs
View Full Analysis

What is Black Iron E10?

Black Iron TSX:BKI -8.00% 24 E10 is C$0.00 as of Mar. 2026. GuruFocus rates TSX:BKI with a GF Score™ of 24/100. The stock has 3 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.

Black Iron's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.00 for the trailing ten years ended in Mar. 2026.

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 Black Iron was 9.10% per year. The lowest was 5.00% per year. And the median was 7.05% per year.

As of today (2026-06-28), Black Iron's current stock price is C$0.115. Black Iron's E10 for the quarter that ended in Mar. 2026 was C$0.00. Black Iron's Shiller PE Ratio of today is .


Black Iron  (TSX:BKI) 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.


Black Iron E10 Related Terms


Black Iron E10 Historical Data

* Premium members only.

The historical data trend for Black Iron'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.

Black Iron E10 Chart

Black Iron 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 -0.07 0.00 -0.06 -0.06 0.00

Black Iron 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 0.00 0.00 0.00 0.00 0.00

Black Iron E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Iron'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.


Black Iron Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Black Iron's Shiller PE Ratio falls into.


TSX:BKI
24GF Score
Black Iron Inc TSX:BKI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Iron 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, Black Iron'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)
=0/132.2623*132.2623
=0.000

Current CPI (Mar. 2026) = 132.2623.

Black Iron Quarterly Data

per share eps CPI Adj_EPS
201606 0.001 102.002 0.001
201609 -0.013 101.765 -0.017
201612 0.000 101.449 0.000
201703 -0.006 102.634 -0.008
201706 -0.006 103.029 -0.008
201709 -0.004 103.345 -0.005
201712 -0.013 103.345 -0.017
201803 -0.005 105.004 -0.006
201806 -0.005 105.557 -0.006
201809 -0.003 105.636 -0.004
201812 0.000 105.399 0.000
201903 -0.006 106.979 -0.007
201906 -0.006 107.690 -0.007
201909 -0.006 107.611 -0.007
201912 -0.013 107.769 -0.016
202003 -0.002 107.927 -0.002
202006 -0.014 108.401 -0.017
202009 -0.006 108.164 -0.007
202012 -0.026 108.559 -0.032
202103 -0.003 110.298 -0.004
202106 -0.004 111.720 -0.005
202109 -0.013 112.905 -0.015
202112 -0.013 113.774 -0.015
202203 -0.013 117.646 -0.015
202206 -0.002 120.806 -0.002
202209 -0.002 120.648 -0.002
202212 0.000 120.964 0.000
202303 -0.003 122.702 -0.003
202306 -0.001 124.203 -0.001
202309 -0.001 125.230 -0.001
202312 -0.008 125.072 -0.008
202403 0.000 126.258 0.000
202406 0.000 127.522 0.000
202409 0.000 127.285 0.000
202412 -0.014 127.364 -0.015
202503 0.000 129.181 0.000
202506 0.000 129.892 0.000
202509 0.000 130.287 0.000
202512 0.000 130.366 0.000
202603 0.000 132.262 0.000

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$0.00 mean?
Black Iron (TSX:BKI) has a E10 of C$0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Black Iron and its competitors.
Is Black Iron's E10 too high?
Black Iron's current E10 is C$0.00. Overall, Black Iron has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Black Iron's E10 compare to competitors?
Black Iron's E10 of C$0.00 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 Black Iron and its competitors. Black Iron's current E10 is C$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Iron stock overvalued right now?
Black Iron (TSX:BKI) has a current E10 of C$0.00. The current E10 is C$0.00. Black Iron's overall GF Score™ is 24/100 with 3 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 Black Iron (TSX:BKI), the current E10 is C$0.00 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.

Black Iron Business Description

Other Exchanges BKIRF:USA0ULQ:UKBIN:Germany
Address 198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Black Iron Inc is engaged in the exploration and development of ferrous metals in Ukraine, namely the Shymanivske iron ore project located in Kryvyi Rih, Ukraine. The Shymanivske project is surrounded by five operating iron ore mines, including several owned by Metinvest and ArcelorMittal's iron ore complex.
24GF Score

Get the complete analysis for TSX:BKI

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

C$0.12
Price