Clarke (TSX:CKI) E10: C$1.15 (As of Mar. 2026)


TSX:CKI Clarke Inc TSX:CKI
57 GF Score
Price C$21.99
GF Value C$27.83
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Clarke E10?

Clarke TSX:CKI +0.64% 57 E10 is C$1.15 as of Mar. 2026. GuruFocus rates TSX:CKI with a GF Score™ of 57/100 and a GF Value™ of C$27.83 (Modestly Undervalued). The stock has 4 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.

Clarke's adjusted earnings per share data for the three months ended in Mar. 2026 was C$1.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Clarke's average E10 Growth Rate was 55.40% per year. During the past 3 years, the average E10 Growth Rate was -8.40% per year. During the past 5 years, the average E10 Growth Rate was -3.90% per year. During the past 10 years, the average E10 Growth Rate was 10.00% 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 Clarke was 37.60% per year. The lowest was -12.50% per year. And the median was 1.60% per year.

As of today (2026-06-28), Clarke's current stock price is C$21.99. Clarke's E10 for the quarter that ended in Mar. 2026 was C$1.15. Clarke's Shiller PE Ratio of today is 19.12.

During the past 13 years, the highest Shiller PE Ratio of Clarke was 47.76. The lowest was 3.46. And the median was 10.69.


Clarke  (TSX:CKI) 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.

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

Shiller PE Ratio=Share Price/E10
=21.99/1.15
=19.12

* 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 Clarke was 47.76. The lowest was 3.46. And the median was 10.69.


Be Aware

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


Clarke E10 Related Terms


Clarke E10 Historical Data

* Premium members only.

The historical data trend for Clarke'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.

Clarke E10 Chart

Clarke 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 1.15 1.29 1.06 0.77 0.99

Clarke 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 0.74 0.76 1.04 0.99 1.15

TSX:CKI vs MAR, HLT, H: E10 Comparison

For the Lodging subindustry, Clarke'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.


Clarke Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarke's Shiller PE Ratio distribution charts can be found below:

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


TSX:CKI
57GF Score
Clarke Inc TSX:CKI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clarke 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, Clarke'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)
=1.07/132.2623*132.2623
=1.070

Current CPI (Mar. 2026) = 132.2623.

Clarke Quarterly Data

per share eps CPI Adj_EPS
201606 0.410 102.002 0.532
201609 0.930 101.765 1.209
201612 0.630 101.449 0.821
201703 0.280 102.634 0.361
201706 0.000 103.029 0.000
201709 -0.002 103.345 -0.003
201712 -0.040 103.345 -0.051
201803 0.160 105.004 0.202
201806 0.070 105.557 0.088
201809 0.490 105.636 0.614
201812 -0.760 105.399 -0.954
201903 3.040 106.979 3.758
201906 -0.130 107.690 -0.160
201909 -0.240 107.611 -0.295
201912 0.220 107.769 0.270
202003 -3.260 107.927 -3.995
202006 0.380 108.401 0.464
202009 0.670 108.164 0.819
202012 0.890 108.559 1.084
202103 0.250 110.298 0.300
202106 0.200 111.720 0.237
202109 0.160 112.905 0.187
202112 0.350 113.774 0.407
202203 -0.100 117.646 -0.112
202206 -0.040 120.806 -0.044
202209 0.250 120.648 0.274
202212 0.100 120.964 0.109
202303 -0.120 122.702 -0.129
202306 -0.030 124.203 -0.032
202309 -0.130 125.230 -0.137
202312 0.530 125.072 0.560
202403 0.170 126.258 0.178
202406 0.130 127.522 0.135
202409 0.870 127.285 0.904
202412 1.540 127.364 1.599
202503 -0.170 129.181 -0.174
202506 -0.010 129.892 -0.010
202509 1.160 130.287 1.178
202512 -0.020 130.366 -0.020
202603 1.070 132.262 1.070

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$1.15 mean?
Clarke (TSX:CKI) has a E10 of C$1.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Clarke and its competitors.
Is Clarke's E10 too high?
Clarke's current E10 is C$1.15. Overall, Clarke has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clarke's E10 compare to MAR and HLT?
Clarke's E10 of C$1.15 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Clarke and its competitors. Clarke's current E10 is C$1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clarke stock overvalued right now?
Based on GuruFocus' analysis, Clarke (TSX:CKI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$27.83, compared to a current price of C$21.99 — trading 21% below its estimated fair value. The current E10 is C$1.15. Clarke's overall GF Score™ is 57/100 with 4 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 Clarke (TSX:CKI), the current E10 is C$1.15 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 Clarke (TSX:CKI) Overvalued in 2026?

Based on GuruFocus' analysis, Clarke stock appears to be undervalued. The current stock price of C$21.99 is trading 21% below its estimated GF Value™ of C$27.83. GuruFocus considers Clarke to be Modestly Undervalued.

Key valuation signals for TSX:CKI:

  • E10: C$1.15
  • GF Value™: C$27.83 vs. price of C$21.99 (21% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Clarke Business Description

Other Exchanges CLKFF:USA
Address 168 Hobsons Lake Drive, Suite 300, Beechville, NS, CAN, B3S 0G4
Clarke Inc is an investment holding company and real estate company that invests in a diversified group of businesses and across real estate sectors, operating predominantly in Canada. The company operates in two segments namely, Investment and Hospitality. The Investment segment represents the Companies investment properties, loan receivable and ferry business. The Hospitality segment consists of the Companies ownership, management and operation of hotels. The maximum revenue for the company is generated from the Hospitality Segment.
57GF Score

Get the complete analysis for TSX:CKI

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

C$21.99
Price
C$27.83
GF Value