Gibson Energy (TSX:GEI) E10: C$0.87 (As of Mar. 2026)


TSX:GEI Gibson Energy Inc TSX:GEI
69 GF Score
Price C$29.25
GF Value C$20.20
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Gibson Energy E10?

Gibson Energy TSX:GEI -2.63% 69 E10 is C$0.87 as of Mar. 2026. GuruFocus rates TSX:GEI with a GF Score™ of 69/100 and a GF Value™ of C$20.20 (Significantly Overvalued). The stock has 10 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.

Gibson Energy'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$0.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gibson Energy's average E10 Growth Rate was 64.20% per year. During the past 3 years, the average E10 Growth Rate was 28.90% per year. During the past 5 years, the average E10 Growth Rate was 33.50% 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 Gibson Energy was 49.70% per year. The lowest was 8.10% per year. And the median was 28.90% per year.

As of today (2026-06-29), Gibson Energy's current stock price is C$29.25. Gibson Energy's E10 for the quarter that ended in Mar. 2026 was C$0.87. Gibson Energy's Shiller PE Ratio of today is 33.62.

During the past 13 years, the highest Shiller PE Ratio of Gibson Energy was 250.22. The lowest was 27.79. And the median was 51.37.


Gibson Energy  (TSX:GEI) 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.

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

Shiller PE Ratio=Share Price/E10
=29.25/0.87
=33.62

* 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 Gibson Energy was 250.22. The lowest was 27.79. And the median was 51.37.


Be Aware

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


Gibson Energy E10 Related Terms


Gibson Energy E10 Historical Data

* Premium members only.

The historical data trend for Gibson Energy'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.

Gibson Energy E10 Chart

Gibson Energy 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 0.38 0.42 0.47 0.48 0.90

Gibson Energy 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 0.53 0.58 0.65 0.90 0.87

TSX:GEI vs WMB, EPD, KMI: E10 Comparison

For the Oil & Gas Midstream subindustry, Gibson Energy'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.


Gibson Energy Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gibson Energy's Shiller PE Ratio distribution charts can be found below:

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


TSX:GEI
69GF Score
Gibson Energy Inc TSX:GEI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gibson Energy 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, Gibson Energy'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.

Gibson Energy Quarterly Data

per share eps CPI Adj_EPS
201606 -1.020 102.002 -1.323
201609 -0.230 101.765 -0.299
201612 -0.280 101.449 -0.365
201703 1.020 102.634 1.314
201706 -0.040 103.029 -0.051
201709 -0.080 103.345 -0.102
201712 -0.610 103.345 -0.781
201803 -0.040 105.004 -0.050
201806 0.940 105.557 1.178
201809 0.020 105.636 0.025
201812 0.100 105.399 0.125
201903 0.420 106.979 0.519
201906 0.250 107.690 0.307
201909 0.320 107.611 0.393
201912 0.240 107.769 0.295
202003 0.340 107.927 0.417
202006 0.280 108.401 0.342
202009 0.110 108.164 0.135
202012 0.090 108.559 0.110
202103 0.220 110.298 0.264
202106 0.220 111.720 0.260
202109 0.240 112.905 0.281
202112 0.290 113.774 0.337
202203 0.350 117.646 0.393
202206 0.240 120.806 0.263
202209 0.480 120.648 0.526
202212 0.430 120.964 0.470
202303 0.610 122.702 0.658
202306 0.370 124.203 0.394
202309 0.110 125.230 0.116
202312 0.320 125.072 0.338
202403 0.250 126.258 0.262
202406 0.380 127.522 0.394
202409 0.330 127.285 0.343
202412 -0.030 127.364 -0.031
202503 0.300 129.181 0.307
202506 0.370 129.892 0.377
202509 0.280 130.287 0.284
202512 0.250 130.366 0.254
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$0.87 mean?
Gibson Energy (TSX:GEI) has a E10 of C$0.87 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gibson Energy and its competitors.
Is Gibson Energy's E10 too high?
Gibson Energy's current E10 is C$0.87. Overall, Gibson Energy has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gibson Energy's E10 compare to WMB and EPD?
Gibson Energy's E10 of C$0.87 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Gibson Energy and its competitors. Gibson Energy's current E10 is C$0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gibson Energy stock overvalued right now?
Based on GuruFocus' analysis, Gibson Energy (TSX:GEI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$20.20, compared to a current price of C$29.25 — trading 44.8% above its estimated fair value. The current E10 is C$0.87. Gibson Energy's overall GF Score™ is 69/100 with 10 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 Gibson Energy (TSX:GEI), the current E10 is C$0.87 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 Gibson Energy (TSX:GEI) Overvalued in 2026?

Based on GuruFocus' analysis, Gibson Energy stock appears to be overvalued. The current stock price of C$29.25 is trading 44.8% above its estimated GF Value™ of C$20.20. GuruFocus considers Gibson Energy to be Significantly Overvalued.

Key valuation signals for TSX:GEI:

  • E10: C$0.87
  • GF Value™: C$20.20 vs. price of C$29.25 (44.8% above fair value)
  • GF Score™: 69/100 with 10 warning signs

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


Gibson Energy Business Description

Industry EnergyOil & Gas
Other Exchanges GBNXF:USA8GB:Germany
Address 440 - 2nd Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc is an oil infrastructure company engaged in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. The company's reportable segments are: Infrastructure and Marketing. The majority of its revenue is generated from the Marketing segment, which is involved in the purchasing, selling, storing, and optimizing of hydrocarbon products (such as crude oil, natural gas liquids, road asphalt, etc.) and marketing its refined products. The Marketing segment sources the majority of its hydrocarbon products from Western Canada as well as the Permian Basin and markets those products throughout Canada and the United States. Geographically, the company generates maximum revenue from Canada.
69GF Score

Get the complete analysis for TSX:GEI

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

C$29.25
Price
C$20.20
GF Value