Imperial Equities (TSXV:IEI) E10: C$0.51 (As of Mar. 2026)

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TSXV:IEI Imperial Equities Inc TSXV:IEI
72 GF Score
Price C$4.50
GF Value C$3.84
Valuation Modestly Overvalued
! 13 Warning Signs
View Full Analysis

What is Imperial Equities E10?

Imperial Equities TSXV:IEI 72 E10 is C$0.51 as of Mar. 2026. GuruFocus rates TSXV:IEI with a GF Score™ of 72/100 and a GF Value™ of C$3.84 (Modestly Overvalued). The stock has 13 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.

Imperial Equities's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Imperial Equities's average E10 Growth Rate was -1.90% per year. During the past 3 years, the average E10 Growth Rate was -7.20% per year. During the past 5 years, the average E10 Growth Rate was -2.70% per year. During the past 10 years, the average E10 Growth Rate was 4.20% 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 Imperial Equities was 58.70% per year. The lowest was -7.20% per year. And the median was 10.25% per year.

As of today (2026-07-23), Imperial Equities's current stock price is C$4.50. Imperial Equities's E10 for the quarter that ended in Mar. 2026 was C$0.51. Imperial Equities's Shiller PE Ratio of today is 8.82.

During the past 13 years, the highest Shiller PE Ratio of Imperial Equities was 11.83. The lowest was 5.17. And the median was 7.10.


Imperial Equities  (TSXV:IEI) 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.

Imperial Equities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.50/0.51
=8.82

* 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 Imperial Equities was 11.83. The lowest was 5.17. And the median was 7.10.


Be Aware

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


Imperial Equities E10 Related Terms


Imperial Equities E10 Historical Data

* Premium members only.

The historical data trend for Imperial Equities'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.

Imperial Equities E10 Chart

Imperial Equities Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.65 0.68 0.55 0.52

Imperial Equities 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 0.52 0.53 0.52 0.51 0.51

TSXV:IEI vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Imperial Equities'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.


Imperial Equities Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Imperial Equities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Imperial Equities's Shiller PE Ratio falls into.


TSXV:IEI
72GF Score
Imperial Equities Inc TSXV:IEI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Equities 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, Imperial Equities'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)
=0.15/132.2623*132.2623
=0.150

Current CPI (Mar. 2026) = 132.2623.

Imperial Equities Quarterly Data

per share eps CPI Adj_EPS
201606 0.070 102.002 0.091
201609 0.170 101.765 0.221
201612 0.070 101.449 0.091
201703 0.160 102.634 0.206
201706 0.060 103.029 0.077
201709 0.190 103.345 0.243
201712 0.070 103.345 0.090
201803 0.150 105.004 0.189
201806 -0.330 105.557 -0.413
201809 0.350 105.636 0.438
201812 -0.090 105.399 -0.113
201903 0.150 106.979 0.185
201906 0.160 107.690 0.197
201909 0.460 107.611 0.565
201912 0.160 107.769 0.196
202003 -0.170 107.927 -0.208
202006 0.070 108.401 0.085
202009 0.090 108.164 0.110
202012 0.150 108.559 0.183
202103 0.130 110.298 0.156
202106 0.350 111.720 0.414
202109 0.090 112.905 0.105
202112 0.210 113.774 0.244
202203 0.200 117.646 0.225
202206 0.240 120.806 0.263
202209 0.170 120.648 0.186
202212 0.330 120.964 0.361
202303 0.140 122.702 0.151
202306 0.140 124.203 0.149
202309 0.120 125.230 0.127
202312 -0.160 125.072 -0.169
202403 -0.230 126.258 -0.241
202406 -0.150 127.522 -0.156
202409 0.090 127.285 0.094
202412 0.120 127.364 0.125
202503 0.210 129.181 0.215
202506 0.190 129.892 0.193
202509 -0.010 130.287 -0.010
202512 0.080 130.366 0.081
202603 0.150 132.262 0.150

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$0.51 mean?
Imperial Equities (TSXV:IEI) has a E10 of C$0.51 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Imperial Equities and its competitors.
Is Imperial Equities' E10 too high?
Imperial Equities' current E10 is C$0.51. Overall, Imperial Equities has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Equities' E10 compare to CBRE and BEKE?
Imperial Equities' E10 of C$0.51 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Imperial Equities and its competitors. Imperial Equities's current E10 is C$0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Equities stock overvalued right now?
Based on GuruFocus' analysis, Imperial Equities (TSXV:IEI) is currently considered Modestly Overvalued. The stock's GF Value™ is C$3.84, compared to a current price of C$4.50 — trading 17.2% above its estimated fair value. The current E10 is C$0.51. Imperial Equities' overall GF Score™ is 72/100 with 13 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 Imperial Equities (TSXV:IEI), the current E10 is C$0.51 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 Imperial Equities (TSXV:IEI) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Equities stock appears to be overvalued. The current stock price of C$4.50 is trading 17.2% above its estimated GF Value™ of C$3.84. GuruFocus considers Imperial Equities to be Modestly Overvalued.

Key valuation signals for TSXV:IEI:

  • E10: C$0.51
  • GF Value™: C$3.84 vs. price of C$4.50 (17.2% above fair value)
  • GF Score™: 72/100 with 13 warning signs

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


Imperial Equities Business Description

Address 10060 Jasper Avenue, Suite 2151, Rice Howard Place, Edmonton, AB, CAN, T5J 3R8
Imperial Equities Inc is engaged in the acquisition, development, and redevelopment of commercial, agricultural, and industrial properties in Edmonton and throughout Alberta and in British Columbia. The majority of the revenue is generated from Rental revenue from leases of commercial properties.
72GF Score

Get the complete analysis for TSXV:IEI

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

C$4.50
Price
C$3.84
GF Value