Awale Resources (TSXV:ARIC) E10: C$0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TSXV:ARIC Awale Resources Ltd TSXV:ARIC
36 GF Score
Price C$0.83
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What is Awale Resources E10?

Awale Resources TSXV:ARIC 36 E10 is C$0.00 as of Mar. 2026. GuruFocus rates TSXV:ARIC with a GF Score™ of 36/100.

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.

Awale Resources's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.00 for the trailing ten years ended in Mar. 2026.

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 (2026-08-02), Awale Resources's current stock price is C$0.83. Awale Resources's E10 for the quarter that ended in Mar. 2026 was C$0.00. Awale Resources's Shiller PE Ratio of today is .


Awale Resources  (TSXV:ARIC) 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.


Awale Resources E10 Related Terms


Awale Resources E10 Historical Data

* Premium members only.

The historical data trend for Awale 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.

Awale Resources E10 Chart

Awale 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 0.00 0.00 0.00 0.00 0.00

Awale Resources 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 -0.35 -0.22 0.00 0.00

TSXV:ARIC vs NEM, AU: E10 Comparison

For the Gold subindustry, Awale 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.


Awale Resources Shiller PE Ratio vs Metals & Mining Industry

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

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


TSXV:ARIC
36GF Score
Awale Resources Ltd TSXV:ARIC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Awale 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, Awale Resources'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)
=0/132.2623*132.2623
=0.000

Current CPI (Mar. 2026) = 132.2623.

Awale Resources Quarterly Data

per share eps CPI Adj_EPS
201606 -0.024 102.002 -0.031
201609 -0.005 101.765 -0.006
201612 -0.023 101.449 -0.030
201703 -0.009 102.634 -0.012
201706 -0.018 103.029 -0.023
201709 -0.037 103.345 -0.047
201712 -0.139 103.345 -0.178
201803 -0.103 105.004 -0.130
201806 -0.210 105.557 -0.263
201809 -0.104 105.636 -0.130
201812 0.000 105.399 0.000
201903 -0.107 106.979 -0.132
201906 -0.041 107.690 -0.050
201909 -0.029 107.611 -0.036
201912 0.000 107.769 0.000
202003 -0.020 107.927 -0.025
202006 -0.019 108.401 -0.023
202009 -0.020 108.164 -0.024
202012 -0.021 108.559 -0.026
202103 -0.025 110.298 -0.030
202106 -0.029 111.720 -0.034
202109 -0.039 112.905 -0.046
202112 -0.026 113.774 -0.030
202203 -0.013 117.646 -0.015
202206 -0.013 120.806 -0.014
202209 -0.013 120.648 -0.014
202212 -0.367 120.964 -0.401
202303 -0.014 122.702 -0.015
202306 -0.013 124.203 -0.014
202309 0.002 125.230 0.002
202312 0.000 125.072 0.000
202403 -0.014 126.258 -0.015
202406 0.000 127.522 0.000
202409 -0.027 127.285 -0.028
202412 0.000 127.364 0.000
202503 0.000 129.181 0.000
202506 -0.014 129.892 -0.014
202509 -0.014 130.287 -0.014
202512 0.000 130.366 0.000
202603 0.000 132.262 0.000

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$0.00 mean?
Awale Resources (TSXV:ARIC) has a E10 of C$0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Awale Resources and its competitors.
Is Awale Resources' E10 too high?
Awale Resources' current E10 is C$0.00. Overall, Awale Resources has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Awale Resources' E10 compare to NEM and AU?
Awale Resources' E10 of C$0.00 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 Awale Resources and its competitors. Awale Resources's current E10 is C$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Awale Resources stock overvalued right now?
Awale Resources (TSXV:ARIC) has a current E10 of C$0.00. The current E10 is C$0.00. Awale Resources' overall GF Score™ is 36/100. 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 Awale Resources (TSXV:ARIC), the current E10 is C$0.00 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.

Awale Resources Business Description

Other Exchanges AWLRF:USA2F60:Germany
Address 141 Adelaide Street West, Suite 1102, Toronto, ON, CAN
Awale Resources Ltd are involved in mineral exploration in Cote d'Ivoire. The Company operates in one business and geographical segment being gold exploration in Cote d'Ivoire.
36GF Score

Get the complete analysis for TSXV:ARIC

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

C$0.83
Price