International Petroleum (TSX:IPCO) E10: C$0.99 (As of Mar. 2026)


TSX:IPCO International Petroleum Corp TSX:IPCO
81 GF Score
Price C$31.30
GF Value C$18.38
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is International Petroleum E10?

International Petroleum TSX:IPCO -0.06% 81 E10 is C$0.99 as of Mar. 2026. GuruFocus rates TSX:IPCO with a GF Score™ of 81/100 and a GF Value™ of C$18.38 (Significantly Overvalued). The stock has 3 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.

International Petroleum's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.151. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.99 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-27), International Petroleum's current stock price is C$31.30. International Petroleum's E10 for the quarter that ended in Mar. 2026 was C$0.99. International Petroleum's Shiller PE Ratio of today is 31.62.

During the past 12 years, the highest Shiller PE Ratio of International Petroleum was 42.43. The lowest was 23.32. And the median was 32.89.


International Petroleum  (TSX:IPCO) 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.

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

Shiller PE Ratio=Share Price/E10
=31.30/0.99
=31.62

* 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 12 years, the highest Shiller P/E Ratio of International Petroleum was 42.43. The lowest was 23.32. And the median was 32.89.


Be Aware

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


International Petroleum E10 Related Terms


International Petroleum E10 Historical Data

* Premium members only.

The historical data trend for International Petroleum'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.

International Petroleum E10 Chart

International Petroleum 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 0.00 0.00 0.00 0.00 0.88

International Petroleum 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 0.00 0.00 0.91 0.88 0.99

TSX:IPCO vs COP, EOG, OXY: E10 Comparison

For the Oil & Gas E&P subindustry, International Petroleum'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.


International Petroleum Shiller PE Ratio vs Oil & Gas Industry

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

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


TSX:IPCO
81GF Score
International Petroleum Corp TSX:IPCO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Petroleum 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, International Petroleum'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)
=0.151/132.2623*132.2623
=0.151

Current CPI (Mar. 2026) = 132.2623.

International Petroleum Quarterly Data

per share eps CPI Adj_EPS
201606 0.335 102.002 0.434
201609 0.052 101.765 0.068
201612 -0.894 101.449 -1.166
201703 0.054 102.634 0.070
201706 0.093 103.029 0.119
201709 0.025 103.345 0.032
201712 0.128 103.345 0.164
201803 0.388 105.004 0.489
201806 0.302 105.557 0.378
201809 0.378 105.636 0.473
201812 0.390 105.399 0.489
201903 0.267 106.979 0.330
201906 0.199 107.690 0.244
201909 0.053 107.611 0.065
201912 0.290 107.769 0.356
202003 -0.349 107.927 -0.428
202006 -0.014 108.401 -0.017
202009 0.079 108.164 0.097
202012 -0.371 108.559 -0.452
202103 0.214 110.298 0.257
202106 0.171 111.720 0.202
202109 0.241 112.905 0.282
202112 0.538 113.774 0.625
202203 0.646 117.646 0.726
202206 0.871 120.806 0.954
202209 0.827 120.648 0.907
202212 0.611 120.964 0.668
202303 0.383 122.702 0.413
202306 0.319 124.203 0.340
202309 0.731 125.230 0.772
202312 0.309 125.072 0.327
202403 0.352 126.258 0.369
202406 0.493 127.522 0.511
202409 0.244 127.285 0.254
202412 0.014 127.364 0.015
202503 0.187 129.181 0.191
202506 0.164 129.892 0.167
202509 0.042 130.287 0.043
202512 -0.061 130.366 -0.062
202603 0.151 132.262 0.151

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$0.99 mean?
International Petroleum (TSX:IPCO) has a E10 of C$0.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on International Petroleum and its competitors.
Is International Petroleum's E10 too high?
International Petroleum's current E10 is C$0.99. Overall, International Petroleum has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Petroleum's E10 compare to COP and EOG?
International Petroleum's E10 of C$0.99 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 International Petroleum and its competitors. International Petroleum's current E10 is C$0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Petroleum stock overvalued right now?
Based on GuruFocus' analysis, International Petroleum (TSX:IPCO) is currently considered Significantly Overvalued. The stock's GF Value™ is C$18.38, compared to a current price of C$31.30 — trading 70.3% above its estimated fair value. The current E10 is C$0.99. International Petroleum's overall GF Score™ is 81/100 with 3 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 International Petroleum (TSX:IPCO), the current E10 is C$0.99 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 International Petroleum (TSX:IPCO) Overvalued in 2026?

Based on GuruFocus' analysis, International Petroleum stock appears to be overvalued. The current stock price of C$31.30 is trading 70.3% above its estimated GF Value™ of C$18.38. GuruFocus considers International Petroleum to be Significantly Overvalued.

Key valuation signals for TSX:IPCO:

  • E10: C$0.99
  • GF Value™: C$18.38 vs. price of C$31.30 (70.3% above fair value)
  • GF Score™: 81/100 with 3 warning signs

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


International Petroleum Business Description

Industry EnergyOil & Gas
Address 1055 Dunsmuir Street, Suite 2800, Vancouver, BC, CAN, V7X 1L2
International Petroleum Corp is an international oil and gas exploration and production company. It is engaged in the exploration, development, and production of oil and gas. Geographically, the company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. It is based in Canada and derives revenue from the sales of gas, crude oil, and natural gas liquids, of which key revenue is derived from the sales of crude oil.
81GF Score

Get the complete analysis for TSX:IPCO

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

C$31.30
Price
C$18.38
GF Value