Pason Systems (TSX:PSI) E10: C$0.78 (As of Jun. 2026)

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TSX:PSI Pason Systems Inc TSX:PSI
94 GF Score
Price C$14.71
GF Value C$14.30
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Pason Systems E10?

Pason Systems TSX:PSI +0.82% 94 E10 is C$0.78 as of Jun. 2026. GuruFocus rates TSX:PSI with a GF Score™ of 94/100 and a GF Value™ of C$14.30 (Fairly Valued). The stock has 7 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.

Pason Systems's adjusted earnings per share data for the three months ended in Jun. 2026 was C$0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.78 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Pason Systems's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 11.30% per year. During the past 5 years, the average E10 Growth Rate was 10.10% per year. During the past 10 years, the average E10 Growth Rate was 2.50% 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 Pason Systems was 13.80% per year. The lowest was -14.20% per year. And the median was 7.30% per year.

As of today (2026-08-14), Pason Systems's current stock price is C$14.71. Pason Systems's E10 for the quarter that ended in Jun. 2026 was C$0.78. Pason Systems's Shiller PE Ratio of today is 18.86.

During the past 13 years, the highest Shiller PE Ratio of Pason Systems was 54.71. The lowest was 10.70. And the median was 25.67.


Pason Systems  (TSX:PSI) 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.

Pason Systems's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.71/0.78
=18.86

* 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 Pason Systems was 54.71. The lowest was 10.70. And the median was 25.67.


Be Aware

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


Pason Systems E10 Related Terms


Pason Systems E10 Historical Data

* Premium members only.

The historical data trend for Pason Systems'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.

Pason Systems E10 Chart

Pason Systems 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 0.40 0.50 0.60 0.59 0.69

Pason Systems 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 0.63 0.68 0.69 0.74 0.78

TSX:PSI vs SLB, BKR, FTI: E10 Comparison

For the Oil & Gas Equipment & Services subindustry, Pason Systems'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.


Pason Systems Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Pason Systems's Shiller PE Ratio falls into.


TSX:PSI
94GF Score
Pason Systems Inc TSX:PSI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pason Systems 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, Pason Systems'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)
=0.18/133.5265*133.5265
=0.180

Current CPI (Jun. 2026) = 133.5265.

Pason Systems Quarterly Data

per share eps CPI Adj_EPS
201609 -0.080 101.765 -0.105
201612 -0.140 101.449 -0.184
201703 0.080 102.634 0.104
201706 0.070 103.029 0.091
201709 0.080 103.345 0.103
201712 0.060 103.345 0.078
201803 0.140 105.004 0.178
201806 0.060 105.557 0.076
201809 0.280 105.636 0.354
201812 0.240 105.399 0.304
201903 0.220 106.979 0.275
201906 0.110 107.690 0.136
201909 0.180 107.611 0.223
201912 0.120 107.769 0.149
202003 0.200 107.927 0.247
202006 -0.050 108.401 -0.062
202009 -0.040 108.164 -0.049
202012 -0.020 108.559 -0.025
202103 0.050 110.298 0.061
202106 0.060 111.720 0.072
202109 0.160 112.905 0.189
202112 0.140 113.774 0.164
202203 0.230 117.646 0.261
202206 0.220 120.806 0.243
202209 0.410 120.648 0.454
202212 0.440 120.964 0.486
202303 0.440 122.702 0.479
202306 0.320 124.203 0.344
202309 0.350 125.230 0.373
202312 0.110 125.072 0.117
202403 0.870 126.258 0.920
202406 0.140 127.522 0.147
202409 0.300 127.285 0.315
202412 0.210 127.364 0.220
202503 0.250 129.181 0.258
202506 0.160 129.892 0.164
202509 0.160 130.287 0.164
202512 0.110 130.366 0.113
202603 0.170 132.262 0.172
202606 0.180 133.527 0.180

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$0.78 mean?
Pason Systems (TSX:PSI) has a E10 of C$0.78 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Pason Systems and its competitors.
Is Pason Systems' E10 too high?
Pason Systems' current E10 is C$0.78. Overall, Pason Systems has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pason Systems' E10 compare to SLB and BKR?
Pason Systems' E10 of C$0.78 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 Pason Systems and its competitors. Pason Systems's current E10 is C$0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pason Systems stock overvalued right now?
Based on GuruFocus' analysis, Pason Systems (TSX:PSI) is currently considered Fairly Valued. The stock's GF Value™ is C$14.30, compared to a current price of C$14.71 — trading 2.9% above its estimated fair value. The current E10 is C$0.78. Pason Systems' overall GF Score™ is 94/100 with 7 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 Pason Systems (TSX:PSI), the current E10 is C$0.78 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.

Is Pason Systems (TSX:PSI) Overvalued in 2026?

Based on GuruFocus' analysis, Pason Systems stock appears to be overvalued. The current stock price of C$14.71 is trading 2.9% above its estimated GF Value™ of C$14.30. GuruFocus considers Pason Systems to be Fairly Valued.

Key valuation signals for TSX:PSI:

  • E10: C$0.78
  • GF Value™: C$14.30 vs. price of C$14.71 (2.9% above fair value)
  • GF Score™: 94/100 with 7 warning signs

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


Pason Systems Business Description

Industry EnergyOil & Gas
Other Exchanges PSYTF:USA3PS:Germany
Address 6130 3rd Street SE, Calgary, AB, CAN, T2H 1K4
Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on four strategic business units: The North American Drilling (Canada and the United States) and International Drilling (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) and completions business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.
94GF Score

Get the complete analysis for TSX:PSI

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

C$14.71
Price
C$14.30
GF Value