1844 Resources (TSXV:EFF) E10: C$-0.03 (As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is 1844 Resources E10?

1844 Resources TSXV:EFF E10 is C$-0.03 as of Apr. 2026. The stock has 2 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.

1844 Resources's adjusted earnings per share data for the three months ended in Apr. 2026 was C$-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.03 for the trailing ten years ended in Apr. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of 1844 Resources was 23.70% per year. The lowest was 9.10% per year. And the median was 16.40% per year.

As of today (2026-09-17), 1844 Resources's current stock price is C$0.03. 1844 Resources's E10 for the quarter that ended in Apr. 2026 was C$-0.03. 1844 Resources's Shiller PE Ratio of today is .


1844 Resources  (TSXV:EFF) 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.


1844 Resources E10 Related Terms


1844 Resources E10 Historical Data

* Premium members only.

The historical data trend for 1844 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.

1844 Resources E10 Chart

1844 Resources Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.06 -0.07 -0.06 -0.03

1844 Resources 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 -0.06 -0.06 -0.06 -0.06 -0.03

1844 Resources E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, 1844 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.


1844 Resources Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 1844 Resources's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where 1844 Resources's Shiller PE Ratio falls into.



1844 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, 1844 Resources'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)
=-0.0027/132.7364*132.7364
=-0.003

Current CPI (Apr. 2026) = 132.7364.

1844 Resources Quarterly Data

per share eps CPI Adj_EPS
201607 -0.001 101.844 -0.002
201610 -0.001 102.002 -0.001
201701 -0.000 102.318 -0.000
201704 -0.150 103.029 -0.193
201707 -0.002 103.029 -0.002
201710 -0.001 103.424 -0.001
201801 -0.000 104.056 -0.001
201804 -0.005 105.320 -0.007
201807 -0.001 106.110 -0.001
201810 -0.001 105.952 -0.001
201901 -0.001 105.557 -0.001
201904 0.002 107.453 0.002
201907 -0.001 108.243 -0.001
201910 -0.001 107.927 -0.001
202001 -0.003 108.085 -0.004
202004 -0.002 107.216 -0.003
202007 -0.012 108.401 -0.014
202010 -0.003 108.638 -0.004
202101 -0.002 109.192 -0.003
202104 0.000 110.851 0.000
202107 -0.006 112.431 -0.007
202110 -0.002 113.695 -0.002
202201 -0.002 114.801 -0.002
202204 -0.003 118.357 -0.004
202207 -0.002 120.964 -0.002
202210 -0.002 121.517 -0.002
202301 -0.004 121.596 -0.004
202304 -0.003 123.571 -0.003
202307 -0.002 124.914 -0.002
202310 -0.002 125.310 -0.002
202401 -0.002 125.072 -0.002
202404 -0.004 126.890 -0.004
202407 -0.001 128.075 -0.001
202410 -0.001 127.838 -0.001
202501 -0.001 127.443 -0.001
202504 -0.010 129.102 -0.010
202507 -0.001 130.290 -0.001
202510 0.003 130.603 0.003
202601 -0.001 130.366 -0.001
202604 -0.003 132.736 -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$-0.03 mean?
1844 Resources (TSXV:EFF) has a E10 of C$-0.03 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on 1844 Resources and its competitors.
Is 1844 Resources' E10 too high?
1844 Resources' current E10 is C$-0.03.
How does 1844 Resources' E10 compare to competitors?
1844 Resources' E10 of C$-0.03 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 1844 Resources and its competitors. 1844 Resources's current E10 is C$-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1844 Resources stock overvalued right now?
1844 Resources (TSXV:EFF) has a current E10 of C$-0.03. The current E10 is C$-0.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For 1844 Resources (TSXV:EFF), the current E10 is C$-0.03 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.

1844 Resources Business Description

Address 224 - 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
1844 Resources Inc is engaged in the business of identification and exploration of mineral properties. Its projects are Hawk Ridge, Vortex, and Native Copper.