Orvana Minerals (TSX:ORV) E10: C$-0.07 (As of Mar. 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:ORV Orvana Minerals Corp TSX:ORV
41 GF Score
Price C$2.00
GF Value C$0.46
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Orvana Minerals E10?

Orvana Minerals TSX:ORV -2.91% 41 E10 is C$-0.07 as of Mar. 2026. GuruFocus rates TSX:ORV with a GF Score™ of 41/100 and a GF Value™ of C$0.46 (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.

Orvana Minerals's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.192. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.07 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -4.00% per year. During the past 5 years, the average E10 Growth Rate was -6.30% 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 Orvana Minerals was 37.00% per year. The lowest was -58.70% per year. And the median was 0.00% per year.

As of today (2026-07-14), Orvana Minerals's current stock price is C$2.00. Orvana Minerals's E10 for the quarter that ended in Mar. 2026 was C$-0.07. Orvana Minerals's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Orvana Minerals was 24.50. The lowest was 7.00. And the median was 9.59.


Orvana Minerals  (TSX:ORV) 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.

During the past 13 years, the highest Shiller P/E Ratio of Orvana Minerals was 24.50. The lowest was 7.00. And the median was 9.59.


Be Aware

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


Orvana Minerals E10 Related Terms


Orvana Minerals E10 Historical Data

* Premium members only.

The historical data trend for Orvana Minerals'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.

Orvana Minerals E10 Chart

Orvana Minerals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.08 -0.11 -0.09 -0.09

Orvana Minerals 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 -0.08 -0.09 -0.09 -0.07

TSX:ORV vs HL: E10 Comparison

For the Other Precious Metals & Mining subindustry, Orvana Minerals'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.


Orvana Minerals Shiller PE Ratio vs Metals & Mining Industry

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

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


TSX:ORV
41GF Score
Orvana Minerals Corp TSX:ORV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orvana Minerals 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, Orvana Minerals'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)
=0.192/132.2623*132.2623
=0.192

Current CPI (Mar. 2026) = 132.2623.

Orvana Minerals Quarterly Data

per share eps CPI Adj_EPS
201606 -0.013 102.002 -0.017
201609 -0.013 101.765 -0.017
201612 -0.080 101.449 -0.104
201703 -0.027 102.634 -0.035
201706 -0.040 103.029 -0.051
201709 -0.012 103.345 -0.015
201712 -0.026 103.345 -0.033
201803 -0.039 105.004 -0.049
201806 -0.026 105.557 -0.033
201809 -0.013 105.636 -0.016
201812 -0.013 105.399 -0.016
201903 0.027 106.979 0.033
201906 -0.040 107.690 -0.049
201909 -0.040 107.611 -0.049
201912 -0.026 107.769 -0.032
202003 -0.028 107.927 -0.034
202006 -0.041 108.401 -0.050
202009 0.079 108.164 0.097
202012 0.013 108.559 0.016
202103 -0.013 110.298 -0.016
202106 -0.012 111.720 -0.014
202109 0.011 112.905 0.013
202112 0.004 113.774 0.005
202203 -0.063 117.646 -0.071
202206 -0.013 120.806 -0.014
202209 -0.053 120.648 -0.058
202212 0.001 120.964 0.001
202303 -0.005 122.702 -0.005
202306 -0.001 124.203 -0.001
202309 0.031 125.230 0.033
202312 -0.067 125.072 -0.071
202403 0.014 126.258 0.015
202406 0.027 127.522 0.028
202409 -0.027 127.285 -0.028
202412 0.014 127.364 0.015
202503 0.000 129.181 0.000
202506 -0.027 129.892 -0.027
202509 -0.125 130.287 -0.127
202512 -0.069 130.366 -0.070
202603 0.192 132.262 0.192

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$-0.07 mean?
Orvana Minerals (TSX:ORV) has a E10 of C$-0.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Orvana Minerals and its competitors.
Is Orvana Minerals' E10 too high?
Orvana Minerals' current E10 is C$-0.07. Overall, Orvana Minerals has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orvana Minerals' E10 compare to HL?
Orvana Minerals' E10 of C$-0.07 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 Orvana Minerals and its competitors. Orvana Minerals's current E10 is C$-0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orvana Minerals stock overvalued right now?
Based on GuruFocus' analysis, Orvana Minerals (TSX:ORV) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.46, compared to a current price of C$2.00 — trading 334.8% above its estimated fair value. The current E10 is C$-0.07. Orvana Minerals' overall GF Score™ is 41/100 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 Orvana Minerals (TSX:ORV), the current E10 is C$-0.07 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 Orvana Minerals (TSX:ORV) Overvalued in 2026?

Based on GuruFocus' analysis, Orvana Minerals stock appears to be overvalued. The current stock price of C$2.00 is trading 334.8% above its estimated GF Value™ of C$0.46. GuruFocus considers Orvana Minerals to be Significantly Overvalued.

Key valuation signals for TSX:ORV:

  • E10: C$-0.07
  • GF Value™: C$0.46 vs. price of C$2.00 (334.8% above fair value)
  • GF Score™: 41/100 with 3 warning signs

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


Orvana Minerals Business Description

Other Exchanges ORVMF:USAO6M:Germany
Address 70 York Street, Suite 1710, Toronto, ON, CAN, M5J 1S9
Orvana Minerals Corp is a Canadian mining and exploration company that is involved in the evaluation, development, and mining of precious and base metal deposits. The company predominantly operates in the gold and copper mining industry and its majority of the products are gold dore and gold/copper concentrates. Its properties include El Valle and Carles mines and the El Valle processing plant (collectively, El Valle), producer of copper concentrate and dore, Don Mario Operation and Taguas Property. The company's segments include Orovalle, which operates El Valle Mine in Spain, EMIPA which operates Don Mario Mine in Bolivia, Orvana Argentina and Corporate. Majority of the revenue for the company is generated from its Orovalle segment.
41GF Score

Get the complete analysis for TSX:ORV

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

C$2.00
Price
C$0.46
GF Value