Belo Sun Mining (TSX:BSX) E10: C$-0.04 (As of Mar. 2026)


TSX:BSX Belo Sun Mining Corp TSX:BSX
34 GF Score
Price C$0.99
! 1 Warning Sign
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What is Belo Sun Mining E10?

Belo Sun Mining TSX:BSX -2.94% 34 E10 is C$-0.04 as of Mar. 2026. GuruFocus rates TSX:BSX with a GF Score™ of 34/100. 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.

Belo Sun Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was C$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.04 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 Belo Sun Mining was 14.50% per year. The lowest was -17.00% per year. And the median was -4.00% per year.

As of today (2026-06-29), Belo Sun Mining's current stock price is C$0.99. Belo Sun Mining's E10 for the quarter that ended in Mar. 2026 was C$-0.04. Belo Sun Mining's Shiller PE Ratio of today is .


Belo Sun Mining  (TSX:BSX) 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.


Belo Sun Mining E10 Related Terms


Belo Sun Mining E10 Historical Data

* Premium members only.

The historical data trend for Belo Sun 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.

Belo Sun Mining E10 Chart

Belo Sun 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 0.00 0.00 -0.04 -0.03 -0.04

Belo Sun 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 -0.03 -0.03 0.00 -0.04 -0.04

TSX:BSX vs NEM, AU: E10 Comparison

For the Gold subindustry, Belo Sun 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.


Belo Sun Mining Shiller PE Ratio vs Metals & Mining Industry

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

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


TSX:BSX
34GF Score
Belo Sun Mining Corp TSX:BSX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Belo Sun 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, Belo Sun 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)
=-0.01/132.2623*132.2623
=-0.010

Current CPI (Mar. 2026) = 132.2623.

Belo Sun Mining Quarterly Data

per share eps CPI Adj_EPS
201606 -0.020 102.002 -0.026
201609 -0.010 101.765 -0.013
201612 -0.010 101.449 -0.013
201703 -0.020 102.634 -0.026
201706 -0.001 103.029 -0.001
201709 -0.010 103.345 -0.013
201712 0.000 103.345 0.000
201803 -0.004 105.004 -0.005
201806 -0.004 105.557 -0.005
201809 -0.004 105.636 -0.005
201812 -0.010 105.399 -0.013
201903 -0.004 106.979 -0.005
201906 -0.010 107.690 -0.012
201909 -0.004 107.611 -0.005
201912 -0.010 107.769 -0.012
202003 -0.002 107.927 -0.002
202006 -0.002 108.401 -0.002
202009 -0.003 108.164 -0.004
202012 0.000 108.559 0.000
202103 -0.004 110.298 -0.005
202106 -0.010 111.720 -0.012
202109 -0.004 112.905 -0.005
202112 0.000 113.774 0.000
202203 -0.004 117.646 -0.004
202206 -0.004 120.806 -0.004
202209 -0.020 120.648 -0.022
202212 0.000 120.964 0.000
202303 -0.002 122.702 -0.002
202306 -0.003 124.203 -0.003
202309 -0.003 125.230 -0.003
202312 -0.010 125.072 -0.011
202403 0.000 126.258 0.000
202406 -0.010 127.522 -0.010
202409 0.000 127.285 0.000
202412 -0.010 127.364 -0.010
202503 -0.010 129.181 -0.010
202506 -0.010 129.892 -0.010
202509 0.000 130.287 0.000
202512 -0.010 130.366 -0.010
202603 -0.010 132.262 -0.010

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$-0.04 mean?
Belo Sun Mining (TSX:BSX) has a E10 of C$-0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Belo Sun Mining and its competitors.
Is Belo Sun Mining's E10 too high?
Belo Sun Mining's current E10 is C$-0.04. Overall, Belo Sun Mining has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Belo Sun Mining's E10 compare to NEM and AU?
Belo Sun Mining's E10 of C$-0.04 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 Belo Sun Mining and its competitors. Belo Sun Mining's current E10 is C$-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belo Sun Mining stock overvalued right now?
Belo Sun Mining (TSX:BSX) has a current E10 of C$-0.04. The current E10 is C$-0.04. Belo Sun Mining's overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Belo Sun Mining (TSX:BSX), the current E10 is C$-0.04 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.

Belo Sun Mining Business Description

Other Exchanges BSXGF:USAVE7:Germany
Address 198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Belo Sun Mining Corp is a Canada-based gold exploration and development company. It operates in Canada where its head office is located and in Brazil where its exploration and development properties are located. It owns and operates the Volta Grande Gold Project.
34GF Score

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

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