Cargojet (TSX:CJT) E10: C$3.50 (As of Mar. 2026)


TSX:CJT Cargojet Inc TSX:CJT
86 GF Score
Price C$81.41
GF Value C$132.25
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Cargojet E10?

Cargojet TSX:CJT +1.34% 86 E10 is C$3.50 as of Mar. 2026. GuruFocus rates TSX:CJT with a GF Score™ of 86/100 and a GF Value™ of C$132.25 (Possible Value Trap). 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.

Cargojet's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$3.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cargojet's average E10 Growth Rate was 12.90% per year. During the past 3 years, the average E10 Growth Rate was 29.60% 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 Cargojet was 71.00% per year. The lowest was 21.30% per year. And the median was 37.50% per year.

As of today (2026-06-29), Cargojet's current stock price is C$81.41. Cargojet's E10 for the quarter that ended in Mar. 2026 was C$3.50. Cargojet's Shiller PE Ratio of today is 23.26.

During the past 13 years, the highest Shiller PE Ratio of Cargojet was 1733.33. The lowest was 21.14. And the median was 204.13.


Cargojet  (TSX:CJT) 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.

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

Shiller PE Ratio=Share Price/E10
=81.41/3.50
=23.26

* 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 Cargojet was 1733.33. The lowest was 21.14. And the median was 204.13.


Be Aware

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


Cargojet E10 Related Terms


Cargojet E10 Historical Data

* Premium members only.

The historical data trend for Cargojet'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.

Cargojet E10 Chart

Cargojet 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 0.66 1.60 1.80 2.65 3.48

Cargojet 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 3.10 3.18 3.28 3.48 3.50

TSX:CJT vs UPS, FDX, JBHT: E10 Comparison

For the Integrated Freight & Logistics subindustry, Cargojet'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.


Cargojet Shiller PE Ratio vs Transportation Industry

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

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


TSX:CJT
86GF Score
Cargojet Inc TSX:CJT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cargojet 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, Cargojet'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)
=0.27/132.2623*132.2623
=0.270

Current CPI (Mar. 2026) = 132.2623.

Cargojet Quarterly Data

per share eps CPI Adj_EPS
201606 0.360 102.002 0.467
201609 -0.460 101.765 -0.598
201612 -0.100 101.449 -0.130
201703 0.240 102.634 0.309
201706 0.390 103.029 0.501
201709 0.410 103.345 0.525
201712 0.870 103.345 1.113
201803 0.330 105.004 0.416
201806 0.350 105.557 0.439
201809 0.350 105.636 0.438
201812 0.470 105.399 0.590
201903 0.000 106.979 0.000
201906 0.320 107.690 0.393
201909 0.870 107.611 1.069
201912 -0.340 107.769 -0.417
202003 -0.120 107.927 -0.147
202006 -2.890 108.401 -3.526
202009 -1.310 108.164 -1.602
202012 -1.310 108.559 -1.596
202103 5.240 110.298 6.283
202106 -0.640 111.720 -0.758
202109 -0.740 112.905 -0.867
202112 5.780 113.774 6.719
202203 -3.260 117.646 -3.665
202206 8.200 120.806 8.978
202209 4.330 120.648 4.747
202212 0.180 120.964 0.197
202303 1.670 122.702 1.800
202306 1.680 124.203 1.789
202309 0.610 125.230 0.644
202312 -2.030 125.072 -2.147
202403 1.840 126.258 1.928
202406 -1.530 127.522 -1.587
202409 1.780 127.285 1.850
202412 4.410 127.364 4.580
202503 2.870 129.181 2.938
202506 -0.210 129.892 -0.214
202509 0.580 130.287 0.589
202512 1.760 130.366 1.786
202603 0.270 132.262 0.270

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$3.50 mean?
Cargojet (TSX:CJT) has a E10 of C$3.50 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cargojet and its competitors.
Is Cargojet's E10 too high?
Cargojet's current E10 is C$3.50. Overall, Cargojet has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cargojet's E10 compare to UPS and FDX?
Cargojet's E10 of C$3.50 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 Cargojet and its competitors. Cargojet's current E10 is C$3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cargojet stock overvalued right now?
Based on GuruFocus' analysis, Cargojet (TSX:CJT) is currently considered Possible Value Trap. The stock's GF Value™ is C$132.25, compared to a current price of C$81.41 — trading 38.4% below its estimated fair value. The current E10 is C$3.50. Cargojet's overall GF Score™ is 86/100 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 Cargojet (TSX:CJT), the current E10 is C$3.50 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 Cargojet (TSX:CJT) Overvalued in 2026?

Based on GuruFocus' analysis, Cargojet stock appears to be undervalued. The current stock price of C$81.41 is trading 38.4% below its estimated GF Value™ of C$132.25. GuruFocus considers Cargojet to be Possible Value Trap.

Key valuation signals for TSX:CJT:

  • E10: C$3.50
  • GF Value™: C$132.25 vs. price of C$81.41 (38.4% below fair value)
  • GF Score™: 86/100 with 9 warning signs

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


Cargojet Business Description

Other Exchanges CGJTF:USACJ8A:Germany
Address 2281 North Sheridan Way, Mississauga, ON, CAN, L5K 2S3
Cargojet Inc operates a domestic air cargo co-load network between several Canadian cities. The company also provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance, and Insurance basis, operating between points in Canada, the USA, South America, Europe, and Asia. In addition, it operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, the UK, and Germany, between Canada and Asia, and between Canada and Mexico.
86GF Score

Get the complete analysis for TSX:CJT

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

C$81.41
Price
C$132.25
GF Value