Karnalyte Resources (TSX:KRN) E10: C$-0.09 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:KRN Karnalyte Resources Inc TSX:KRN
23 GF Score
Price C$0.29
! 1 Warning Sign
View Full Analysis

What is Karnalyte Resources E10?

Karnalyte Resources TSX:KRN -3.33% 23 E10 is C$-0.09 as of Jun. 2026. GuruFocus rates TSX:KRN with a GF Score™ of 23/100. The stock has 1 warning sign 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.

Karnalyte Resources's adjusted earnings per share data for the three months ended in Jun. 2026 was C$0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.09 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 35.60% per year. During the past 5 years, the average E10 Growth Rate was 23.90% 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 Karnalyte Resources was 35.60% per year. The lowest was 0.70% per year. And the median was 27.70% per year.

As of today (2026-09-11), Karnalyte Resources's current stock price is C$0.29. Karnalyte Resources's E10 for the quarter that ended in Jun. 2026 was C$-0.09. Karnalyte Resources's Shiller PE Ratio of today is .


Karnalyte Resources  (TSX:KRN) 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.


Be Aware

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


Karnalyte Resources E10 Related Terms


Karnalyte Resources E10 Historical Data

* Premium members only.

The historical data trend for Karnalyte Resources'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.

Karnalyte Resources E10 Chart

Karnalyte Resources 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 -0.45 -0.45 -0.44 -0.17 -0.12

Karnalyte Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.13 -0.12 -0.12 -0.11 -0.09

TSX:KRN vs CTVA, CF, MOS: E10 Comparison

For the Agricultural Inputs subindustry, Karnalyte Resources'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.


Karnalyte Resources Shiller PE Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Karnalyte Resources's Shiller PE Ratio distribution charts can be found below:

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


TSX:KRN
23GF Score
Karnalyte Resources Inc TSX:KRN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karnalyte Resources 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, Karnalyte Resources's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.01/133.5265*133.5265
=0.010

Current CPI (Jun. 2026) = 133.5265.

Karnalyte Resources Quarterly Data

per share eps CPI Adj_EPS
201609 -0.067 101.765 -0.088
201612 -0.034 101.449 -0.045
201703 0.000 102.634 0.000
201706 -0.050 103.029 -0.065
201709 -0.042 103.345 -0.054
201712 -0.017 103.345 -0.022
201803 -0.025 105.004 -0.032
201806 -0.034 105.557 -0.043
201809 -0.046 105.636 -0.058
201812 -0.084 105.399 -0.106
201903 -0.028 106.979 -0.035
201906 -0.028 107.690 -0.035
201909 -0.019 107.611 -0.024
201912 0.000 107.769 0.000
202003 -0.009 107.927 -0.011
202006 -0.019 108.401 -0.023
202009 -0.019 108.164 -0.023
202012 -0.028 108.559 -0.034
202103 -0.009 110.298 -0.011
202106 -0.020 111.720 -0.024
202109 -0.010 112.905 -0.012
202112 -0.010 113.774 -0.012
202203 -0.010 117.646 -0.011
202206 -0.010 120.806 -0.011
202209 -0.010 120.648 -0.011
202212 -0.010 120.964 -0.011
202303 -0.010 122.702 -0.011
202306 -0.010 124.203 -0.011
202309 -0.004 125.230 -0.004
202312 -0.010 125.072 -0.011
202403 -0.010 126.258 -0.011
202406 -0.010 127.522 -0.010
202409 -0.010 127.285 -0.010
202412 -0.010 127.364 -0.010
202503 -0.010 129.181 -0.010
202506 0.010 129.892 0.010
202509 -0.010 130.287 -0.010
202512 -0.010 130.366 -0.010
202603 -0.010 132.262 -0.010
202606 0.010 133.527 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$-0.09 mean?
Karnalyte Resources (TSX:KRN) has a E10 of C$-0.09 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Karnalyte Resources and its competitors.
Is Karnalyte Resources' E10 too high?
Karnalyte Resources' current E10 is C$-0.09. Overall, Karnalyte Resources has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Karnalyte Resources' E10 compare to CTVA and CF?
Karnalyte Resources' E10 of C$-0.09 can be compared against companies in the Agriculture 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 Agriculture company?
A good E10 depends on the Agriculture 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 Karnalyte Resources and its competitors. Karnalyte Resources's current E10 is C$-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnalyte Resources stock overvalued right now?
Karnalyte Resources (TSX:KRN) has a current E10 of C$-0.09. The current E10 is C$-0.09. Karnalyte Resources' overall GF Score™ is 23/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Karnalyte Resources (TSX:KRN), the current E10 is C$-0.09 as of Jun. 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.

Karnalyte Resources Business Description

Other Exchanges KRLTF:USA
Address 409 3rd Avenue S, Suite 1201, Saskatoon, SK, CAN, S7K 5R5
Karnalyte Resources Inc is focused on the development of potash and magnesium operations in Saskatchewan, Canada. Its potash project in Wynyard, Saskatchewan (the Wynyard Project) is a proposed potash mine utilizing conventional solution mining methods for the production of white granular potash product (KCl 97) with low sodium content. The company has also done a preliminary feasibility study for the production of Hydromagnesite and MgCl2 brine.
23GF Score

Get the complete analysis for TSX:KRN

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

C$0.29
Price