Azimut Exploration (TSXV:AZM) E10: C$0.00 (As of Feb. 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:AZM Azimut Exploration Inc TSXV:AZM
42 GF Score
Price C$0.58
GF Value C$0.65
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Azimut Exploration E10?

Azimut Exploration TSXV:AZM 42 E10 is C$0.00 as of Feb. 2026. GuruFocus rates TSXV:AZM with a GF Score™ of 42/100 and a GF Value™ of C$0.65 (Modestly Undervalued). The stock has 4 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.

Azimut Exploration's adjusted earnings per share data for the three months ended in Feb. 2026 was C$0.101. 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 Feb. 2026.

During the past 3 years, the average E10 Growth Rate was 20.60% 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 Azimut Exploration was 20.60% per year. The lowest was -5.30% per year. And the median was 0.00% per year.

As of today (2026-07-23), Azimut Exploration's current stock price is C$0.58. Azimut Exploration's E10 for the quarter that ended in Feb. 2026 was C$0.00. Azimut Exploration's Shiller PE Ratio of today is .


Azimut Exploration  (TSXV:AZM) 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.


Azimut Exploration E10 Related Terms


Azimut Exploration E10 Historical Data

* Premium members only.

The historical data trend for Azimut Exploration'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.

Azimut Exploration E10 Chart

Azimut Exploration Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.04 -0.04 -0.03 -0.02

Azimut Exploration Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -0.03 -0.02 -0.02 -0.01 0.00

Azimut Exploration E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Azimut Exploration'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.


Azimut Exploration Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Azimut Exploration's Shiller PE Ratio falls into.


TSXV:AZM
42GF Score
Azimut Exploration Inc TSXV:AZM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azimut Exploration 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, Azimut Exploration's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.101/131.0772*131.0772
=0.101

Current CPI (Feb. 2026) = 131.0772.

Azimut Exploration Quarterly Data

per share eps CPI Adj_EPS
201605 0.003 101.765 0.004
201608 -0.010 101.686 -0.013
201611 -0.005 101.607 -0.006
201702 -0.002 102.476 -0.003
201705 0.000 103.108 0.000
201708 -0.032 103.108 -0.041
201711 0.002 103.740 0.003
201802 0.000 104.688 0.000
201805 -0.003 105.399 -0.004
201808 0.000 106.031 0.000
201811 -0.001 105.478 -0.001
201902 -0.002 106.268 -0.002
201905 -0.002 107.927 -0.002
201908 -0.015 108.085 -0.018
201911 0.000 107.769 0.000
202002 0.000 108.559 0.000
202005 -0.005 107.532 -0.006
202008 0.001 108.243 0.001
202011 0.003 108.796 0.004
202102 0.003 109.745 0.004
202105 -0.015 111.404 -0.018
202108 0.000 112.668 0.000
202111 0.006 113.932 0.007
202202 0.014 115.986 0.016
202205 0.012 120.016 0.013
202208 -0.014 120.569 -0.015
202211 0.003 121.675 0.003
202302 0.000 122.070 0.000
202305 -0.015 124.045 -0.016
202308 -0.003 125.389 -0.003
202311 -0.003 125.468 -0.003
202402 -0.003 125.468 -0.003
202405 0.024 127.601 0.025
202408 -0.019 127.838 -0.019
202411 -0.001 127.838 -0.001
202502 -0.009 128.786 -0.009
202505 -0.002 129.813 -0.002
202508 -0.017 130.208 -0.017
202511 0.006 130.682 0.006
202602 0.101 131.077 0.101

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?
Azimut Exploration (TSXV:AZM) has a E10 of C$0.00 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Azimut Exploration and its competitors.
Is Azimut Exploration's E10 too high?
Azimut Exploration's current E10 is C$0.00. Overall, Azimut Exploration has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azimut Exploration's E10 compare to competitors?
Azimut Exploration's 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 Azimut Exploration and its competitors. Azimut Exploration'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 Azimut Exploration stock overvalued right now?
Based on GuruFocus' analysis, Azimut Exploration (TSXV:AZM) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.65, compared to a current price of C$0.58 — trading 10.8% below its estimated fair value. The current E10 is C$0.00. Azimut Exploration's overall GF Score™ is 42/100 with 4 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 Azimut Exploration (TSXV:AZM), the current E10 is C$0.00 as of Feb. 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 Azimut Exploration (TSXV:AZM) Overvalued in 2026?

Based on GuruFocus' analysis, Azimut Exploration stock appears to be undervalued. The current stock price of C$0.58 is trading 10.8% below its estimated GF Value™ of C$0.65. GuruFocus considers Azimut Exploration to be Modestly Undervalued.

Key valuation signals for TSXV:AZM:

  • E10: C$0.00
  • GF Value™: C$0.65 vs. price of C$0.58 (10.8% below fair value)
  • GF Score™: 42/100 with 4 warning signs

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


Azimut Exploration Business Description

Other Exchanges AZMTF:USA
Address 110 Rue De La Barre, Suite 224, Longueuil, QC, CAN, J4K 1A3
Azimut Exploration Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. The Company holds the mineral exploration portfolio in the mining-friendly province of Quebec, Canada, with an exploration focus on large-scale gold, copper, nickel and lithium targets. The group is dedicated to advancing its flagship Elmer gold-copper and Wabamisk gold-antimony projects in parallel with a pipeline of additional exploration opportunities with existing and potential partners.
42GF Score

Get the complete analysis for TSXV:AZM

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

C$0.58
Price
C$0.65
GF Value