Whitecap Resources (TSX:WCP) E10: C$0.45 (As of Jun. 2026)

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TSX:WCP Whitecap Resources Inc TSX:WCP
72 GF Score
Price C$18.03
GF Value C$10.28
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Whitecap Resources E10?

Whitecap Resources TSX:WCP -0.61% 72 E10 is C$0.45 as of Jun. 2026. GuruFocus rates TSX:WCP with a GF Score™ of 72/100 and a GF Value™ of C$10.28 (Significantly Overvalued). 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.

Whitecap Resources's adjusted earnings per share data for the three months ended in Jun. 2026 was C$0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.45 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Whitecap Resources's average E10 Growth Rate was 309.10% per year. During the past 3 years, the average E10 Growth Rate was 159.60% 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 Whitecap Resources was 159.60% per year. The lowest was -37.00% per year. And the median was -1.30% per year.

As of today (2026-08-25), Whitecap Resources's current stock price is C$18.03. Whitecap Resources's E10 for the quarter that ended in Jun. 2026 was C$0.45. Whitecap Resources's Shiller PE Ratio of today is 40.07.

During the past 13 years, the highest Shiller PE Ratio of Whitecap Resources was 568.50. The lowest was 11.25. And the median was 72.11.


Whitecap Resources  (TSX:WCP) 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.

Whitecap Resources's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.03/0.45
=40.07

* 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 Whitecap Resources was 568.50. The lowest was 11.25. And the median was 72.11.


Be Aware

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


Whitecap Resources E10 Related Terms


Whitecap Resources E10 Historical Data

* Premium members only.

The historical data trend for Whitecap 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.

Whitecap Resources E10 Chart

Whitecap 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 -0.10 0.02 0.13 0.03 0.35

Whitecap 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 0.11 0.29 0.35 0.36 0.45

TSX:WCP vs COP, EOG, FANG: E10 Comparison

For the Oil & Gas E&P subindustry, Whitecap 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.


Whitecap Resources Shiller PE Ratio vs Oil & Gas Industry

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

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


TSX:WCP
72GF Score
Whitecap Resources Inc TSX:WCP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Whitecap 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, Whitecap 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)
=0.73/133.5265*133.5265
=0.730

Current CPI (Jun. 2026) = 133.5265.

Whitecap Resources Quarterly Data

per share eps CPI Adj_EPS
201609 0.020 101.765 0.026
201612 0.560 101.449 0.737
201703 0.160 102.634 0.208
201706 0.120 103.029 0.156
201709 0.010 103.345 0.013
201712 -0.620 103.345 -0.801
201803 -0.020 105.004 -0.025
201806 -0.010 105.557 -0.013
201809 0.170 105.636 0.215
201812 0.010 105.399 0.013
201903 -0.130 106.979 -0.162
201906 0.140 107.690 0.174
201909 0.100 107.611 0.124
201912 -0.500 107.769 -0.620
202003 -5.170 107.927 -6.396
202006 -0.190 108.401 -0.234
202009 0.030 108.164 0.037
202012 0.810 108.559 0.996
202103 0.040 110.298 0.048
202106 0.030 111.720 0.036
202109 2.370 112.905 2.803
202112 0.330 113.774 0.387
202203 0.080 117.646 0.091
202206 0.610 120.806 0.674
202209 0.530 120.648 0.587
202212 0.530 120.964 0.585
202303 0.430 122.702 0.468
202306 0.290 124.203 0.312
202309 0.250 125.230 0.267
202312 0.490 125.072 0.523
202403 0.100 126.258 0.106
202406 0.410 127.522 0.429
202409 0.460 127.285 0.483
202412 0.400 127.364 0.419
202503 0.270 129.181 0.279
202506 0.330 129.892 0.339
202509 0.170 130.287 0.174
202512 0.250 130.366 0.256
202603 0.020 132.262 0.020
202606 0.730 133.527 0.730

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$0.45 mean?
Whitecap Resources (TSX:WCP) has a E10 of C$0.45 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Whitecap Resources and its competitors.
Is Whitecap Resources' E10 too high?
Whitecap Resources' current E10 is C$0.45. Overall, Whitecap Resources has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Whitecap Resources' E10 compare to COP and EOG?
Whitecap Resources' E10 of C$0.45 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 Whitecap Resources and its competitors. Whitecap Resources's current E10 is C$0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitecap Resources stock overvalued right now?
Based on GuruFocus' analysis, Whitecap Resources (TSX:WCP) is currently considered Significantly Overvalued. The stock's GF Value™ is C$10.28, compared to a current price of C$18.03 — trading 75.4% above its estimated fair value. The current E10 is C$0.45. Whitecap Resources' overall GF Score™ is 72/100 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 Whitecap Resources (TSX:WCP), the current E10 is C$0.45 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 Whitecap Resources (TSX:WCP) Overvalued in 2026?

Based on GuruFocus' analysis, Whitecap Resources stock appears to be overvalued. The current stock price of C$18.03 is trading 75.4% above its estimated GF Value™ of C$10.28. GuruFocus considers Whitecap Resources to be Significantly Overvalued.

Key valuation signals for TSX:WCP:

  • E10: C$0.45
  • GF Value™: C$10.28 vs. price of C$18.03 (75.4% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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


Whitecap Resources Business Description

Industry EnergyOil & Gas
Address 525 - 8th Avenue South West, Suite 3800, Calgary, AB, CAN, T2P 1G1
Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets.
72GF Score

Get the complete analysis for TSX:WCP

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

C$18.03
Price
C$10.28
GF Value