AM Resources (TSXV:AMR.H) E10: C$-0.21 (As of Sep. 2023)


What is AM Resources E10?

AM Resources TSXV:AMR.H E10 is C$-0.21 as of Sep. 2023.

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.

AM Resources's adjusted earnings per share data for the three months ended in Sep. 2023 was C$-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.21 for the trailing ten years ended in Sep. 2023.

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.

As of today (2026-07-06), AM Resources's current stock price is C$0.035. AM Resources's E10 for the quarter that ended in Sep. 2023 was C$-0.21. AM Resources's Shiller PE Ratio of today is .


AM Resources  (TSXV:AMR.H) 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.


AM Resources E10 Related Terms


AM Resources E10 Historical Data

* Premium members only.

The historical data trend for AM 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.

AM Resources E10 Chart

AM Resources Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.69 0.00 -0.40 -0.28 -0.24

AM Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.24 0.00 -0.21 -0.21

AM Resources E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, AM 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.


AM Resources Shiller PE Ratio vs Metals & Mining Industry

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

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



AM 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, AM Resources's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.003/125.2304*125.2304
=-0.003

Current CPI (Sep. 2023) = 125.2304.

AM Resources Quarterly Data

per share eps CPI Adj_EPS
201311 -0.700 97.182 -0.902
201402 -0.040 98.051 -0.051
201405 -0.050 99.394 -0.063
201408 -0.050 99.315 -0.063
201411 0.000 99.078 0.000
201502 -0.050 99.078 -0.063
201505 -0.050 100.263 -0.062
201508 -0.021 100.579 -0.026
201511 -0.350 100.421 -0.436
201602 -0.050 100.421 -0.062
201605 -0.025 101.765 -0.031
201608 -0.020 101.686 -0.025
201611 -0.050 101.607 -0.062
201702 -0.050 102.476 -0.061
201705 -0.050 103.108 -0.061
201708 -0.050 103.108 -0.061
201711 -0.150 103.740 -0.181
201802 0.450 104.688 0.538
201806 -0.090 105.557 -0.107
201809 -0.010 105.636 -0.012
201812 0.005 105.399 0.006
201903 -0.010 106.979 -0.012
201906 -0.007 107.690 -0.008
201909 -0.006 107.611 -0.007
201912 0.000 107.769 0.000
202003 -0.009 107.927 -0.010
202006 -0.001 108.401 -0.001
202009 -0.004 108.164 -0.005
202012 0.006 108.559 0.007
202103 -0.007 110.298 -0.008
202106 0.004 111.720 0.004
202109 -0.006 112.905 -0.007
202112 -0.022 113.774 -0.024
202203 -0.002 117.646 -0.002
202206 -0.003 120.806 -0.003
202209 0.000 120.648 0.000
202212 -0.007 120.964 -0.007
202303 0.000 122.702 0.000
202306 -0.001 124.203 -0.001
202309 -0.003 125.230 -0.003

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$-0.21 mean?
AM Resources (TSXV:AMR.H) has a E10 of C$-0.21 as of Sep. 2023. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AM Resources and its competitors.
Is AM Resources' E10 too high?
AM Resources' current E10 is C$-0.21.
How does AM Resources' E10 compare to competitors?
AM Resources' E10 of C$-0.21 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 AM Resources and its competitors. AM Resources's current E10 is C$-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AM Resources stock overvalued right now?
AM Resources (TSXV:AMR.H) has a current E10 of C$-0.21. The current E10 is C$-0.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For AM Resources (TSXV:AMR.H), the current E10 is C$-0.21 as of Sep. 2023. 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.

AM Resources Business Description

Address 410 Rue St-Nicolas, Suite 236, Montreal, QC, CAN, H2Y 2P5
AM Resources Corp is a mining company engaged in the exploration of coal, hydrocarbons, and gold mining sites located in Colombia. Its main project is the Mina Luz property, a 40-hectare coal-producing project southwest of Popayan and 150 km southwest of Cali in which it has an approximately 80% interest. It also holds interests in the Rio Negro asphaltite, Esperanza Property, and Mico gold projects. Geographically, it derives a majority of revenue from United States.