CF Energy (TSXV:CFY) E10: C$0.11 (As of Mar. 2026)


What is CF Energy E10?

CF Energy TSXV:CFY -5.00% E10 is C$0.11 as of Mar. 2026. 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.

CF Energy's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.022. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.11 for the trailing ten years ended in Mar. 2026.

During the past 5 years, the average E10 Growth Rate was 2.10% 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 CF Energy was 38.70% per year. The lowest was 0.00% per year. And the median was 11.20% per year.

As of today (2026-06-28), CF Energy's current stock price is C$0.095. CF Energy's E10 for the quarter that ended in Mar. 2026 was C$0.11. CF Energy's Shiller PE Ratio of today is 0.86.

During the past 13 years, the highest Shiller PE Ratio of CF Energy was 21.80. The lowest was 0.86. And the median was 4.73.


CF Energy  (TSXV:CFY) 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.

CF Energy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.095/0.11
=0.86

* 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 CF Energy was 21.80. The lowest was 0.86. And the median was 4.73.


Be Aware

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


CF Energy E10 Related Terms


CF Energy E10 Historical Data

* Premium members only.

The historical data trend for CF Energy'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.

CF Energy E10 Chart

CF Energy 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 0.11 0.11 0.11 0.12 0.11

CF Energy 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 0.11 0.11 0.11 0.11 0.11

TSXV:CFY vs ATO, NI, UGI: E10 Comparison

For the Utilities - Regulated Gas subindustry, CF Energy'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.


CF Energy Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CF Energy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CF Energy's Shiller PE Ratio falls into.



CF Energy 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, CF Energy'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)
=0.022/132.2623*132.2623
=0.022

Current CPI (Mar. 2026) = 132.2623.

CF Energy Quarterly Data

per share eps CPI Adj_EPS
201606 -0.004 102.002 -0.005
201609 0.022 101.765 0.029
201612 0.013 101.449 0.017
201703 0.033 102.634 0.043
201706 0.021 103.029 0.027
201709 0.047 103.345 0.060
201712 -0.029 103.345 -0.037
201803 0.109 105.004 0.137
201806 0.039 105.557 0.049
201809 0.038 105.636 0.048
201812 -0.012 105.399 -0.015
201903 0.016 106.979 0.020
201906 0.033 107.690 0.041
201909 0.037 107.611 0.045
201912 0.049 107.769 0.060
202003 0.052 107.927 0.064
202006 -0.008 108.401 -0.010
202009 0.109 108.164 0.133
202012 0.078 108.559 0.095
202103 0.008 110.298 0.010
202106 0.038 111.720 0.045
202109 0.027 112.905 0.032
202112 -0.014 113.774 -0.016
202203 0.042 117.646 0.047
202206 0.008 120.806 0.009
202209 0.006 120.648 0.007
202212 -0.006 120.964 -0.007
202303 0.018 122.702 0.019
202306 0.050 124.203 0.053
202309 0.030 125.230 0.032
202312 -0.096 125.072 -0.102
202403 0.032 126.258 0.034
202406 -0.017 127.522 -0.018
202409 0.019 127.285 0.020
202412 0.037 127.364 0.038
202503 0.010 129.181 0.010
202506 0.008 129.892 0.008
202509 0.014 130.287 0.014
202512 0.029 130.366 0.029
202603 0.022 132.262 0.022

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$0.11 mean?
CF Energy (TSXV:CFY) has a E10 of C$0.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CF Energy and its competitors.
Is CF Energy's E10 too high?
CF Energy's current E10 is C$0.11.
How does CF Energy's E10 compare to ATO and NI?
CF Energy's E10 of C$0.11 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 CF Energy and its competitors. CF Energy's current E10 is C$0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF Energy stock overvalued right now?
Based on GuruFocus' analysis, CF Energy (TSXV:CFY) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.18, compared to a current price of C$0.10 — trading 47.2% below its estimated fair value. The current E10 is C$0.11. 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 CF Energy (TSXV:CFY), the current E10 is C$0.11 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.

CF Energy Business Description

Address 15 Allstate Parkway, Room 602, 6th Floor, Markham, ON, CAN, L3R 5B4
CF Energy Corp is an investment holding company. Along with its subsidiaries, it is engaged in the distribution of natural gas and sustainable energy utilization for industrial, commercial, and residential users, as well as the electric vehicle battery swap business in China (PRC). The company has three reportable operating segments: the Gas distribution utility segment includes gas sales, pipeline installation, and connection services; the Integrated smart energy segment uses multiple clean energy sources to supply cooling, heating, as well as hot water, and supplies heat and power through its pipeline networks; and the Smart mobility segment operates an electric vehicle battery swap business. A majority of its revenue is generated from the Gas distribution utility segment.