Chorus Aviation (TSX:CHR) E10: C$2.90 (As of Mar. 2026)

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TSX:CHR Chorus Aviation Inc TSX:CHR
78 GF Score
Price C$23.76
GF Value C$20.44
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Chorus Aviation E10?

Chorus Aviation TSX:CHR -1.08% 78 E10 is C$2.90 as of Mar. 2026. GuruFocus rates TSX:CHR with a GF Score™ of 78/100 and a GF Value™ of C$20.44 (Modestly Overvalued). The stock has 9 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.

Chorus Aviation's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$2.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chorus Aviation's average E10 Growth Rate was -13.20% per year. During the past 3 years, the average E10 Growth Rate was -7.10% per year. During the past 5 years, the average E10 Growth Rate was -7.90% per year. During the past 10 years, the average E10 Growth Rate was -1.10% 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 Chorus Aviation was 12.60% per year. The lowest was -11.10% per year. And the median was -3.90% per year.

As of today (2026-07-14), Chorus Aviation's current stock price is C$23.76. Chorus Aviation's E10 for the quarter that ended in Mar. 2026 was C$2.90. Chorus Aviation's Shiller PE Ratio of today is 8.19.

During the past 13 years, the highest Shiller PE Ratio of Chorus Aviation was 16.26. The lowest was 3.36. And the median was 6.86.


Chorus Aviation  (TSX:CHR) 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.

Chorus Aviation's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.76/2.90
=8.19

* 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 Chorus Aviation was 16.26. The lowest was 3.36. And the median was 6.86.


Be Aware

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


Chorus Aviation E10 Related Terms


Chorus Aviation E10 Historical Data

* Premium members only.

The historical data trend for Chorus Aviation'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.

Chorus Aviation E10 Chart

Chorus Aviation 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 4.31 4.04 3.99 3.03 3.24

Chorus Aviation 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 3.34 3.25 3.26 3.24 2.90

TSX:CHR vs JOBY: E10 Comparison

For the Airports & Air Services subindustry, Chorus Aviation'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.


Chorus Aviation Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Chorus Aviation's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chorus Aviation's Shiller PE Ratio falls into.


TSX:CHR
78GF Score
Chorus Aviation Inc TSX:CHR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chorus Aviation 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, Chorus Aviation'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)
=0.29/132.2623*132.2623
=0.290

Current CPI (Mar. 2026) = 132.2623.

Chorus Aviation Quarterly Data

per share eps CPI Adj_EPS
201606 1.330 102.002 1.725
201609 1.120 101.765 1.456
201612 0.700 101.449 0.913
201703 1.470 102.634 1.894
201706 2.310 103.029 2.965
201709 4.340 103.345 5.554
201712 1.120 103.345 1.433
201803 0.280 105.004 0.353
201806 0.770 105.557 0.965
201809 2.170 105.636 2.717
201812 0.070 105.399 0.088
201903 1.540 106.979 1.904
201906 1.680 107.690 2.063
201909 1.050 107.611 1.291
201912 1.610 107.769 1.976
202003 -0.770 107.927 -0.944
202006 1.260 108.401 1.537
202009 0.840 108.164 1.027
202012 0.350 108.559 0.426
202103 -1.680 110.298 -2.015
202106 0.840 111.720 0.994
202109 -0.560 112.905 -0.656
202112 0.420 113.774 0.488
202203 0.910 117.646 1.023
202206 -1.680 120.806 -1.839
202209 0.420 120.648 0.460
202212 1.260 120.964 1.378
202303 0.770 122.702 0.830
202306 0.350 124.203 0.373
202309 0.280 125.230 0.296
202312 0.890 125.072 0.941
202403 0.000 126.258 0.000
202406 -6.880 127.522 -7.136
202409 0.700 127.285 0.727
202412 -0.280 127.364 -0.291
202503 0.700 129.181 0.717
202506 1.230 129.892 1.252
202509 0.410 130.287 0.416
202512 0.670 130.366 0.680
202603 0.290 132.262 0.290

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$2.90 mean?
Chorus Aviation (TSX:CHR) has a E10 of C$2.90 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chorus Aviation and its competitors.
Is Chorus Aviation's E10 too high?
Chorus Aviation's current E10 is C$2.90. Overall, Chorus Aviation has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chorus Aviation's E10 compare to JOBY?
Chorus Aviation's E10 of C$2.90 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Chorus Aviation and its competitors. Chorus Aviation's current E10 is C$2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chorus Aviation stock overvalued right now?
Based on GuruFocus' analysis, Chorus Aviation (TSX:CHR) is currently considered Modestly Overvalued. The stock's GF Value™ is C$20.44, compared to a current price of C$23.76 — trading 16.2% above its estimated fair value. The current E10 is C$2.90. Chorus Aviation's overall GF Score™ is 78/100 with 9 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 Chorus Aviation (TSX:CHR), the current E10 is C$2.90 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 Chorus Aviation (TSX:CHR) Overvalued in 2026?

Based on GuruFocus' analysis, Chorus Aviation stock appears to be overvalued. The current stock price of C$23.76 is trading 16.2% above its estimated GF Value™ of C$20.44. GuruFocus considers Chorus Aviation to be Modestly Overvalued.

Key valuation signals for TSX:CHR:

  • E10: C$2.90
  • GF Value™: C$20.44 vs. price of C$23.76 (16.2% above fair value)
  • GF Score™: 78/100 with 9 warning signs

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


Chorus Aviation Business Description

Other Exchanges CHRRF:USA1H00:Germany
Address 3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8
Chorus Aviation Inc is a Canadian holding company. The company focuses on delivering regional aviation to the world through its businesses. The company specializes in contract flying, maintenance, pilot training, repair and overhaul, and aircraft leasing solutions.
78GF Score

Get the complete analysis for TSX:CHR

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

C$23.76
Price
C$20.44
GF Value