IBC Advanced Alloys (TSXV:IB) E10: C$-0.09 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:IB IBC Advanced Alloys Corp TSXV:IB
36 GF Score
Price C$0.17
GF Value C$0.06
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is IBC Advanced Alloys E10?

IBC Advanced Alloys TSXV:IB +6.45% 36 E10 is C$-0.09 as of Mar. 2026. GuruFocus rates TSXV:IB with a GF Score™ of 36/100 and a GF Value™ of C$0.06 (Significantly Overvalued). The stock has 8 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.

IBC Advanced Alloys's adjusted earnings per share data for the three months ended in Mar. 2026 was C$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.09 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 31.70% 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 IBC Advanced Alloys was 32.70% per year. The lowest was 14.60% per year. And the median was 26.90% per year.

As of today (2026-07-14), IBC Advanced Alloys's current stock price is C$0.165. IBC Advanced Alloys's E10 for the quarter that ended in Mar. 2026 was C$-0.09. IBC Advanced Alloys's Shiller PE Ratio of today is .


IBC Advanced Alloys  (TSXV:IB) 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.


IBC Advanced Alloys E10 Related Terms


IBC Advanced Alloys E10 Historical Data

* Premium members only.

The historical data trend for IBC Advanced Alloys'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.

IBC Advanced Alloys E10 Chart

IBC Advanced Alloys Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.44 -0.25 -0.20 -0.14

IBC Advanced Alloys 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 -0.16 -0.14 -0.13 0.00 -0.09

TSXV:IB vs CRS, ATI, MLI: E10 Comparison

For the Metal Fabrication subindustry, IBC Advanced Alloys'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.


IBC Advanced Alloys Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, IBC Advanced Alloys's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IBC Advanced Alloys's Shiller PE Ratio falls into.


TSXV:IB
36GF Score
IBC Advanced Alloys Corp TSXV:IB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IBC Advanced Alloys 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, IBC Advanced Alloys'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)
=-0.01/330.2130*330.2130
=-0.010

Current CPI (Mar. 2026) = 330.2130.

IBC Advanced Alloys Quarterly Data

per share eps CPI Adj_EPS
201606 -0.049 241.018 -0.067
201609 -0.066 241.428 -0.090
201612 -0.040 241.432 -0.055
201703 -0.027 243.801 -0.037
201706 -0.106 244.955 -0.143
201709 -0.025 246.819 -0.033
201712 -0.013 246.524 -0.017
201803 0.002 249.554 0.003
201806 0.013 251.989 0.017
201809 -0.026 252.439 -0.034
201812 -0.040 251.233 -0.053
201903 -0.027 254.202 -0.035
201906 -0.053 256.143 -0.068
201909 -0.013 256.759 -0.017
201912 -0.026 256.974 -0.033
202003 0.004 258.115 0.005
202006 0.000 257.797 0.000
202009 -0.026 260.280 -0.033
202012 -0.006 260.474 -0.008
202103 0.003 264.877 0.004
202106 0.000 271.696 0.000
202109 -0.013 274.310 -0.016
202112 0.005 278.802 0.006
202203 0.004 287.504 0.005
202206 -0.014 296.311 -0.016
202209 -0.027 296.808 -0.030
202212 -0.006 296.797 -0.007
202303 -0.014 301.836 -0.015
202306 -0.040 305.109 -0.043
202309 -0.014 307.789 -0.015
202312 0.013 306.746 0.014
202403 0.018 312.332 0.019
202406 0.012 314.175 0.013
202409 -0.014 315.301 -0.015
202412 -0.014 315.605 -0.015
202503 -0.009 319.799 -0.009
202506 -0.001 322.561 -0.001
202509 -0.014 324.800 -0.014
202512 0.000 324.054 0.000
202603 -0.010 330.213 -0.010

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$-0.09 mean?
IBC Advanced Alloys (TSXV:IB) has a E10 of C$-0.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IBC Advanced Alloys and its competitors.
Is IBC Advanced Alloys' E10 too high?
IBC Advanced Alloys' current E10 is C$-0.09. Overall, IBC Advanced Alloys has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IBC Advanced Alloys' E10 compare to CRS and ATI?
IBC Advanced Alloys' E10 of C$-0.09 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 IBC Advanced Alloys and its competitors. IBC Advanced Alloys's current E10 is C$-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IBC Advanced Alloys stock overvalued right now?
Based on GuruFocus' analysis, IBC Advanced Alloys (TSXV:IB) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.06, compared to a current price of C$0.17 — trading 175% above its estimated fair value. The current E10 is C$-0.09. IBC Advanced Alloys' overall GF Score™ is 36/100 with 8 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 IBC Advanced Alloys (TSXV:IB), the current E10 is C$-0.09 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.

Is IBC Advanced Alloys (TSXV:IB) Overvalued in 2026?

Based on GuruFocus' analysis, IBC Advanced Alloys stock appears to be overvalued. The current stock price of C$0.17 is trading 175% above its estimated GF Value™ of C$0.06. GuruFocus considers IBC Advanced Alloys to be Significantly Overvalued.

Key valuation signals for TSXV:IB:

  • E10: C$-0.09
  • GF Value™: C$0.06 vs. price of C$0.17 (175% above fair value)
  • GF Score™: 36/100 with 8 warning signs

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


IBC Advanced Alloys Business Description

Other Exchanges IAALF:USA
Address 401 Arvin Road, Franklin, IN, USA, 46131-1549
IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its product profile includes Beryllium Products, Beryllium Master Alloys, Thermal Mold Super, Copper Alloy Products, Copper Alloy Fabricated Shapes and Tolling Services, and Metallurgical Consulting. It operates through two reportable segments namely Copper Alloys and Corporate. The company generates the majority of its revenue from Copper Alloys.
36GF Score

Get the complete analysis for TSXV:IB

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

C$0.17
Price
C$0.06
GF Value