Serabi Gold (TSX:SBI) E10: C$0.26 (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.
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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:SBI Serabi Gold PLC TSX:SBI
95 GF Score
Price C$5.28
GF Value C$4.06
Valuation Modestly Overvalued
View Full Analysis

What is Serabi Gold E10?

Serabi Gold TSX:SBI +2.92% 95 E10 is C$0.26 as of Mar. 2026. GuruFocus rates TSX:SBI with a GF Score™ of 95/100 and a GF Value™ of C$4.06 (Modestly Overvalued).

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.

Serabi Gold's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Serabi Gold's average E10 Growth Rate was 100.00% 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 Serabi Gold was -9.50% per year. The lowest was -9.50% per year. And the median was -9.50% per year.

As of today (2026-07-15), Serabi Gold's current stock price is C$5.28. Serabi Gold's E10 for the quarter that ended in Mar. 2026 was C$0.26. Serabi Gold's Shiller PE Ratio of today is 20.31.

During the past 13 years, the highest Shiller PE Ratio of Serabi Gold was 31.06. The lowest was 0.29. And the median was 1.14.


Serabi Gold  (TSX:SBI) 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.

Serabi Gold's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.28/0.26
=20.31

* 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 Serabi Gold was 31.06. The lowest was 0.29. And the median was 1.14.


Be Aware

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


Serabi Gold E10 Related Terms


Serabi Gold E10 Historical Data

* Premium members only.

The historical data trend for Serabi Gold'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.

Serabi Gold E10 Chart

Serabi Gold 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 -0.13 0.00 0.05 0.11 0.23

Serabi Gold 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 0.13 0.16 0.19 0.23 0.26

TSX:SBI vs NEM, AU: E10 Comparison

For the Gold subindustry, Serabi Gold'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.


Serabi Gold Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Serabi Gold's Shiller PE Ratio falls into.


TSX:SBI
95GF Score
Serabi Gold PLC TSX:SBI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Serabi Gold 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, Serabi Gold'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)
=0.38/140.8000*140.8000
=0.380

Current CPI (Mar. 2026) = 140.8000.

Serabi Gold Quarterly Data

per share eps CPI Adj_EPS
201606 -0.013 101.000 -0.018
201609 0.016 101.500 0.022
201612 0.107 102.200 0.147
201703 -0.004 102.700 -0.005
201706 -0.035 103.500 -0.048
201709 0.008 104.300 0.011
201712 -0.059 105.000 -0.079
201803 0.000 105.100 0.000
201806 -0.012 105.900 -0.016
201809 -0.050 106.600 -0.066
201812 -0.075 107.100 -0.099
201903 0.033 107.000 0.043
201906 0.004 107.900 0.005
201909 0.024 108.400 0.031
201912 0.021 108.500 0.027
202003 0.018 108.600 0.023
202006 0.075 108.800 0.097
202009 0.079 109.200 0.102
202012 -0.008 109.400 -0.010
202103 0.036 109.700 0.046
202106 0.075 111.400 0.095
202109 0.021 112.400 0.026
202112 0.038 114.700 0.047
202203 0.027 116.500 0.033
202206 0.006 120.500 0.007
202209 -0.052 122.300 -0.060
202212 -0.002 125.300 -0.002
202303 0.025 126.800 0.028
202306 0.062 129.400 0.067
202309 -0.006 130.100 -0.006
202312 0.035 130.500 0.038
202403 0.065 131.600 0.070
202406 0.101 133.000 0.107
202409 0.154 133.500 0.162
202412 0.188 135.100 0.196
202503 0.166 136.100 0.172
202506 0.183 138.400 0.186
202509 0.292 138.900 0.296
202512 0.346 139.900 0.348
202603 0.380 140.800 0.380

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$0.26 mean?
Serabi Gold (TSX:SBI) has a E10 of C$0.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Serabi Gold and its competitors.
Is Serabi Gold's E10 too high?
Serabi Gold's current E10 is C$0.26. Overall, Serabi Gold has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Serabi Gold's E10 compare to NEM and AU?
Serabi Gold's E10 of C$0.26 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 Serabi Gold and its competitors. Serabi Gold's current E10 is C$0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serabi Gold stock overvalued right now?
Based on GuruFocus' analysis, Serabi Gold (TSX:SBI) is currently considered Modestly Overvalued. The stock's GF Value™ is C$4.06, compared to a current price of C$5.28 — trading 30% above its estimated fair value. The current E10 is C$0.26. Serabi Gold's overall GF Score™ is 95/100. 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 Serabi Gold (TSX:SBI), the current E10 is C$0.26 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 Serabi Gold (TSX:SBI) Overvalued in 2026?

Based on GuruFocus' analysis, Serabi Gold stock appears to be overvalued. The current stock price of C$5.28 is trading 30% above its estimated GF Value™ of C$4.06. GuruFocus considers Serabi Gold to be Modestly Overvalued.

Key valuation signals for TSX:SBI:

  • E10: C$0.26
  • GF Value™: C$4.06 vs. price of C$5.28 (30% above fair value)
  • GF Score™: 95/100

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


Serabi Gold Business Description

Other Exchanges SRBIF:USASRB:UKB9O2:Germany
Address Cobham Park Road, The Long Barn, Downside, Surrey, GBR, KT11 3NE
Serabi Gold PLC is a holding and gold sales company and a provider of support and management services to its operating subsidiaries. Together with its subsidiaries it is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil. The company has only one primary business activity namely the conduct of gold mining and exploration in Brazil. It has two separate segments, Brazil and UK. Copper/ gold concentrate is produced in Brazil and sales routed through the UK, whilst sales of gold bullion are conducted directly from Brazil.
95GF Score

Get the complete analysis for TSX:SBI

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

C$5.28
Price
C$4.06
GF Value