Imperial Metals (TSX:III) E10: C$0.22 (As of Mar. 2026)


TSX:III Imperial Metals Corp TSX:III
68 GF Score
Price C$6.23
GF Value C$4.61
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Imperial Metals E10?

Imperial Metals TSX:III -0.64% 68 E10 is C$0.22 as of Mar. 2026. GuruFocus rates TSX:III with a GF Score™ of 68/100 and a GF Value™ of C$4.61 (Significantly Overvalued). The stock has 2 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.

Imperial Metals's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Imperial Metals's average E10 Growth Rate was 214.30% 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 Imperial Metals was 104.10% per year. The lowest was -41.90% per year. And the median was 12.35% per year.

As of today (2026-06-27), Imperial Metals's current stock price is C$6.23. Imperial Metals's E10 for the quarter that ended in Mar. 2026 was C$0.22. Imperial Metals's Shiller PE Ratio of today is 28.32.

During the past 13 years, the highest Shiller PE Ratio of Imperial Metals was 290.00. The lowest was 5.19. And the median was 34.00.


Imperial Metals  (TSX:III) 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.

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

Shiller PE Ratio=Share Price/E10
=6.23/0.22
=28.32

* 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 Imperial Metals was 290.00. The lowest was 5.19. And the median was 34.00.


Be Aware

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


Imperial Metals E10 Related Terms


Imperial Metals E10 Historical Data

* Premium members only.

The historical data trend for Imperial Metals'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.

Imperial Metals E10 Chart

Imperial Metals 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 0.06 -0.04 -0.14 -0.01 0.24

Imperial Metals 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 0.07 0.09 0.16 0.24 0.22

TSX:III vs SCCO, FCX: E10 Comparison

For the Copper subindustry, Imperial Metals'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.


Imperial Metals Shiller PE Ratio vs Metals & Mining Industry

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

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


TSX:III
68GF Score
Imperial Metals Corp TSX:III
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Metals 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, Imperial Metals'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)
=0.08/132.2623*132.2623
=0.080

Current CPI (Mar. 2026) = 132.2623.

Imperial Metals Quarterly Data

per share eps CPI Adj_EPS
201606 -0.049 102.002 -0.064
201609 -0.245 101.765 -0.318
201612 -0.565 101.449 -0.737
201703 -0.198 102.634 -0.255
201706 1.049 103.029 1.347
201709 -0.020 103.345 -0.026
201712 -0.030 103.345 -0.038
201803 -0.139 105.004 -0.175
201806 -0.307 105.557 -0.385
201809 -0.238 105.636 -0.298
201812 -0.366 105.399 -0.459
201903 -0.020 106.979 -0.025
201906 -0.059 107.690 -0.072
201909 2.673 107.611 3.285
201912 -0.119 107.769 -0.146
202003 -0.049 107.927 -0.060
202006 -0.001 108.401 -0.001
202009 0.050 108.164 0.061
202012 -0.040 108.559 -0.049
202103 -0.020 110.298 -0.024
202106 -0.040 111.720 -0.047
202109 -0.030 112.905 -0.035
202112 -0.100 113.774 -0.116
202203 -0.050 117.646 -0.056
202206 -0.210 120.806 -0.230
202209 -0.180 120.648 -0.197
202212 -0.070 120.964 -0.077
202303 -0.050 122.702 -0.054
202306 -0.100 124.203 -0.106
202309 -0.020 125.230 -0.021
202312 -0.060 125.072 -0.063
202403 -0.060 126.258 -0.063
202406 0.130 127.522 0.135
202409 0.200 127.285 0.208
202412 0.380 127.364 0.395
202503 0.250 129.181 0.256
202506 0.250 129.892 0.255
202509 0.220 130.287 0.223
202512 0.170 130.366 0.172
202603 0.080 132.262 0.080

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$0.22 mean?
Imperial Metals (TSX:III) has a E10 of C$0.22 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Imperial Metals and its competitors.
Is Imperial Metals' E10 too high?
Imperial Metals' current E10 is C$0.22. Overall, Imperial Metals has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Metals' E10 compare to SCCO and FCX?
Imperial Metals' E10 of C$0.22 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 Imperial Metals and its competitors. Imperial Metals's current E10 is C$0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Metals stock overvalued right now?
Based on GuruFocus' analysis, Imperial Metals (TSX:III) is currently considered Significantly Overvalued. The stock's GF Value™ is C$4.61, compared to a current price of C$6.23 — trading 35.1% above its estimated fair value. The current E10 is C$0.22. Imperial Metals' overall GF Score™ is 68/100 with 2 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 Imperial Metals (TSX:III), the current E10 is C$0.22 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 Imperial Metals (TSX:III) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Metals stock appears to be overvalued. The current stock price of C$6.23 is trading 35.1% above its estimated GF Value™ of C$4.61. GuruFocus considers Imperial Metals to be Significantly Overvalued.

Key valuation signals for TSX:III:

  • E10: C$0.22
  • GF Value™: C$4.61 vs. price of C$6.23 (35.1% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Imperial Metals Business Description

Other Exchanges IPMLF:USAL7D:Germany
Address 580 Hornby Street, Suite 900, Vancouver, BC, CAN, V6C 3B6
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. The Company has four reportable segments, Red Chris, including related exploration and development activities, Mount Polley, including related exploration and development activities, Huckleberry, including related exploration and development activities, and Corporate, including Sterling and all other properties and related exploration and development activities. The maximum of the company's revenue is generated from the Mount Polley segment. Geographically, it derives maximum revenue from its customers in Switzerland, followed by China, USA, Singapore, etc.
68GF Score

Get the complete analysis for TSX:III

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

C$6.23
Price
C$4.61
GF Value