Centerra Gold (TSX:CG) E10: C$0.63 (As of Mar. 2026)


TSX:CG Centerra Gold Inc TSX:CG
91 GF Score
Price C$22.97
GF Value C$14.24
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Centerra Gold E10?

Centerra Gold TSX:CG +2.23% 91 E10 is C$0.63 as of Mar. 2026. GuruFocus rates TSX:CG with a GF Score™ of 91/100 and a GF Value™ of C$14.24 (Significantly 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.

Centerra Gold's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.535. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Centerra Gold's average E10 Growth Rate was 215.00% per year. During the past 3 years, the average E10 Growth Rate was 30.70% per year. During the past 5 years, the average E10 Growth Rate was -2.00% per year. During the past 10 years, the average E10 Growth Rate was -7.50% 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 Centerra Gold was 30.70% per year. The lowest was -38.20% per year. And the median was -3.00% per year.

As of today (2026-06-27), Centerra Gold's current stock price is C$22.97. Centerra Gold's E10 for the quarter that ended in Mar. 2026 was C$0.63. Centerra Gold's Shiller PE Ratio of today is 36.46.

During the past 13 years, the highest Shiller PE Ratio of Centerra Gold was 67.50. The lowest was 8.20. And the median was 25.92.


Centerra Gold  (TSX:CG) 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.

Centerra Gold's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.97/0.63
=36.46

* 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 Centerra Gold was 67.50. The lowest was 8.20. And the median was 25.92.


Be Aware

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


Centerra Gold E10 Related Terms


Centerra Gold E10 Historical Data

* Premium members only.

The historical data trend for Centerra Gold'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.

Centerra Gold E10 Chart

Centerra Gold 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 0.23 0.26 0.13 0.21 0.58

Centerra Gold 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 0.20 0.23 0.44 0.58 0.63

TSX:CG vs NEM, AU: E10 Comparison

For the Gold subindustry, Centerra Gold'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.


Centerra Gold Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Centerra Gold's Shiller PE Ratio falls into.


TSX:CG
91GF Score
Centerra Gold Inc TSX:CG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Centerra Gold 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, Centerra Gold'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)
=0.535/132.2623*132.2623
=0.535

Current CPI (Mar. 2026) = 132.2623.

Centerra Gold Quarterly Data

per share eps CPI Adj_EPS
201606 0.005 102.002 0.006
201609 0.367 101.765 0.477
201612 0.320 101.449 0.417
201703 0.268 102.634 0.345
201706 0.106 103.029 0.136
201709 -0.025 103.345 -0.032
201712 0.575 103.345 0.736
201803 0.039 105.004 0.049
201806 0.236 105.557 0.296
201809 0.013 105.636 0.016
201812 0.202 105.399 0.253
201903 0.227 106.979 0.281
201906 0.146 107.690 0.179
201909 -0.741 107.611 -0.911
201912 -0.053 107.769 -0.065
202003 0.084 107.927 0.103
202006 0.366 108.401 0.447
202009 0.900 108.164 1.101
202012 0.410 108.559 0.500
202103 0.691 110.298 0.829
202106 -3.507 111.720 -4.152
202109 0.114 112.905 0.134
202112 1.178 113.774 1.369
202203 0.380 117.646 0.427
202206 -0.013 120.806 -0.014
202209 -0.200 120.648 -0.219
202212 -0.802 120.964 -0.877
202303 -0.465 122.702 -0.501
202306 -0.239 124.203 -0.255
202309 0.365 125.230 0.385
202312 -0.174 125.072 -0.184
202403 0.406 126.258 0.425
202406 0.247 127.522 0.256
202409 0.176 127.285 0.183
202412 -0.370 127.364 -0.384
202503 0.187 129.181 0.191
202506 0.437 129.892 0.445
202509 1.978 130.287 2.008
202512 1.311 130.366 1.330
202603 0.535 132.262 0.535

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$0.63 mean?
Centerra Gold (TSX:CG) has a E10 of C$0.63 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Centerra Gold and its competitors.
Is Centerra Gold's E10 too high?
Centerra Gold's current E10 is C$0.63. Overall, Centerra Gold has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centerra Gold's E10 compare to NEM and AU?
Centerra Gold's E10 of C$0.63 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 Centerra Gold and its competitors. Centerra Gold's current E10 is C$0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerra Gold stock overvalued right now?
Based on GuruFocus' analysis, Centerra Gold (TSX:CG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.24, compared to a current price of C$22.97 — trading 61.3% above its estimated fair value. The current E10 is C$0.63. Centerra Gold's overall GF Score™ is 91/100 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 Centerra Gold (TSX:CG), the current E10 is C$0.63 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 Centerra Gold (TSX:CG) Overvalued in 2026?

Based on GuruFocus' analysis, Centerra Gold stock appears to be overvalued. The current stock price of C$22.97 is trading 61.3% above its estimated GF Value™ of C$14.24. GuruFocus considers Centerra Gold to be Significantly Overvalued.

Key valuation signals for TSX:CG:

  • E10: C$0.63
  • GF Value™: C$14.24 vs. price of C$22.97 (61.3% above fair value)
  • GF Score™: 91/100 with 1 warning sign

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


Centerra Gold Business Description

Other Exchanges CGAU:USA0UP5:UKGOU:Germany
Address 1 University Avenue, Suite 1800, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc is principally focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets world-wide. The company reportable operating segments are Oksut; Mount Milligan; and Molybdenum. It derives maximum revenue from Mount Milligan segment. Geographically, it operates in Turkey, United States, and Canada.
91GF Score

Get the complete analysis for TSX:CG

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

C$22.97
Price
C$14.24
GF Value