Blackrock Silver (TSXV:BRC) E10: C$-0.10 (As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TSXV:BRC Blackrock Silver Corp TSXV:BRC
32 GF Score
Price C$0.92
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What is Blackrock Silver E10?

Blackrock Silver TSXV:BRC -1.08% 32 E10 is C$-0.10 as of Apr. 2026. GuruFocus rates TSXV:BRC with a GF Score™ of 32/100.

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.

Blackrock Silver's adjusted earnings per share data for the three months ended in Apr. 2026 was C$-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.10 for the trailing ten years ended in Apr. 2026.

During the past 3 years, the average E10 Growth Rate was -3.60% 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 Blackrock Silver was 5.00% per year. The lowest was -32.60% per year. And the median was -9.80% per year.

As of today (2026-08-01), Blackrock Silver's current stock price is C$0.92. Blackrock Silver's E10 for the quarter that ended in Apr. 2026 was C$-0.10. Blackrock Silver's Shiller PE Ratio of today is .


Blackrock Silver  (TSXV:BRC) 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.


Blackrock Silver E10 Related Terms


Blackrock Silver E10 Historical Data

* Premium members only.

The historical data trend for Blackrock Silver'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.

Blackrock Silver E10 Chart

Blackrock Silver Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.09 0.00 -0.10 -0.10

Blackrock Silver Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.10 -0.10 -0.10 -0.10 -0.10

TSXV:BRC vs HL: E10 Comparison

For the Other Precious Metals & Mining subindustry, Blackrock Silver'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.


Blackrock Silver Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Blackrock Silver's Shiller PE Ratio falls into.


TSXV:BRC
32GF Score
Blackrock Silver Corp TSXV:BRC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Silver 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, Blackrock Silver's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-0.03/132.7364*132.7364
=-0.030

Current CPI (Apr. 2026) = 132.7364.

Blackrock Silver Quarterly Data

per share eps CPI Adj_EPS
201607 -0.020 101.844 -0.026
201610 -0.027 102.002 -0.035
201701 -0.020 102.318 -0.026
201704 0.040 103.029 0.052
201707 -0.004 103.029 -0.005
201710 -0.060 103.424 -0.077
201801 -0.004 104.056 -0.005
201804 -0.010 105.320 -0.013
201807 -0.010 106.110 -0.013
201810 -0.010 105.952 -0.013
201901 -0.010 105.557 -0.013
201904 -0.003 107.453 -0.004
201907 -0.007 108.243 -0.009
201910 -0.040 107.927 -0.049
202001 -0.010 108.085 -0.012
202004 -0.010 107.216 -0.012
202007 -0.020 108.401 -0.024
202010 -0.100 108.638 -0.122
202101 -0.040 109.192 -0.049
202104 -0.080 110.851 -0.096
202107 -0.060 112.431 -0.071
202110 -0.030 113.695 -0.035
202201 -0.020 114.801 -0.023
202204 -0.030 118.357 -0.034
202207 -0.020 120.964 -0.022
202210 -0.030 121.517 -0.033
202301 -0.010 121.596 -0.011
202304 -0.005 123.571 -0.005
202307 -0.010 124.914 -0.011
202310 0.000 125.310 0.000
202401 -0.010 125.072 -0.011
202404 0.000 126.890 0.000
202407 -0.010 128.075 -0.010
202410 -0.030 127.838 -0.031
202501 -0.020 127.443 -0.021
202504 -0.020 129.102 -0.021
202507 -0.010 130.290 -0.010
202510 -0.020 130.603 -0.020
202601 -0.010 130.366 -0.010
202604 -0.030 132.736 -0.030

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$-0.10 mean?
Blackrock Silver (TSXV:BRC) has a E10 of C$-0.10 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Blackrock Silver and its competitors.
Is Blackrock Silver's E10 too high?
Blackrock Silver's current E10 is C$-0.10. Overall, Blackrock Silver has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Silver's E10 compare to HL?
Blackrock Silver's E10 of C$-0.10 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 Blackrock Silver and its competitors. Blackrock Silver's current E10 is C$-0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Silver stock overvalued right now?
Blackrock Silver (TSXV:BRC) has a current E10 of C$-0.10. The current E10 is C$-0.10. Blackrock Silver's overall GF Score™ is 32/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Blackrock Silver (TSXV:BRC), the current E10 is C$-0.10 as of Apr. 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.

Blackrock Silver Business Description

Other Exchanges BKRRF:USAAHZ0:Germany
Address 200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
Blackrock Silver Corp is engaged in the acquisition, exploration, and development of mineral properties located in Canada and the United States. The company is focused on its Nevada portfolio of properties consisting of low-sulphidation epithermal gold and silver projects located along the established Northern Nevada Rift in Nevada and the Walker Lane trend in Western Nevada. Its project portfolio comprises the Tonopah West and the Silver Cloud projects.
32GF Score

Get the complete analysis for TSXV:BRC

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

C$0.92
Price