Maple Gold Mines (TSXV:MGM) E10: C$-0.42 (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:MGM Maple Gold Mines Ltd TSXV:MGM
29 GF Score
Price C$2.67
! 1 Warning Sign
View Full Analysis

What is Maple Gold Mines E10?

Maple Gold Mines TSXV:MGM +4.30% 29 E10 is C$-0.42 as of Mar. 2026. GuruFocus rates TSXV:MGM with a GF Score™ of 29/100. The stock has 1 warning sign 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.

Maple Gold Mines's adjusted earnings per share data for the three months ended in Mar. 2026 was C$-0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.42 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -8.60% 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 Maple Gold Mines was -8.60% per year. The lowest was -10.40% per year. And the median was -9.50% per year.

As of today (2026-07-28), Maple Gold Mines's current stock price is C$2.67. Maple Gold Mines's E10 for the quarter that ended in Mar. 2026 was C$-0.42. Maple Gold Mines's Shiller PE Ratio of today is .


Maple Gold Mines  (TSXV:MGM) 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.


Maple Gold Mines E10 Related Terms


Maple Gold Mines E10 Historical Data

* Premium members only.

The historical data trend for Maple Gold Mines'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.

Maple Gold Mines E10 Chart

Maple Gold Mines 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 -0.29 -0.32 0.00 -0.39 -0.41

Maple Gold Mines 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 -0.39 0.00 -0.40 -0.41 -0.42

TSXV:MGM vs NEM, AU: E10 Comparison

For the Gold subindustry, Maple Gold Mines'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.


Maple Gold Mines Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Maple Gold Mines's Shiller PE Ratio falls into.


TSXV:MGM
29GF Score
Maple Gold Mines Ltd TSXV:MGM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maple Gold Mines 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, Maple Gold Mines'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)
=-0.09/132.2623*132.2623
=-0.090

Current CPI (Mar. 2026) = 132.2623.

Maple Gold Mines Quarterly Data

per share eps CPI Adj_EPS
201606 -0.070 102.002 -0.091
201609 -0.100 101.765 -0.130
201612 -0.200 101.449 -0.261
201703 -0.300 102.634 -0.387
201706 -0.200 103.029 -0.257
201709 -0.100 103.345 -0.128
201712 -0.200 103.345 -0.256
201803 -0.200 105.004 -0.252
201806 -0.100 105.557 -0.125
201809 -0.037 105.636 -0.046
201812 0.000 105.399 0.000
201903 -0.100 106.979 -0.124
201906 -0.100 107.690 -0.123
201909 -0.030 107.611 -0.037
201912 0.000 107.769 0.000
202003 -0.047 107.927 -0.058
202006 -0.040 108.401 -0.049
202009 -0.033 108.164 -0.040
202012 -0.100 108.559 -0.122
202103 -0.046 110.298 -0.055
202106 0.000 111.720 0.000
202109 -0.029 112.905 -0.034
202112 -0.100 113.774 -0.116
202203 0.100 117.646 0.112
202206 -0.100 120.806 -0.109
202209 -0.100 120.648 -0.110
202212 -0.100 120.964 -0.109
202303 -0.100 122.702 -0.108
202306 -0.100 124.203 -0.106
202309 -0.033 125.230 -0.035
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000
202406 0.000 127.522 0.000
202409 -0.040 127.285 -0.042
202412 -0.030 127.364 -0.031
202503 -0.030 129.181 -0.031
202506 0.000 129.892 0.000
202509 -0.040 130.287 -0.041
202512 -0.100 130.366 -0.101
202603 -0.090 132.262 -0.090

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$-0.42 mean?
Maple Gold Mines (TSXV:MGM) has a E10 of C$-0.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Maple Gold Mines and its competitors.
Is Maple Gold Mines' E10 too high?
Maple Gold Mines' current E10 is C$-0.42. Overall, Maple Gold Mines has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Maple Gold Mines' E10 compare to NEM and AU?
Maple Gold Mines' E10 of C$-0.42 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 Maple Gold Mines and its competitors. Maple Gold Mines's current E10 is C$-0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maple Gold Mines stock overvalued right now?
Maple Gold Mines (TSXV:MGM) has a current E10 of C$-0.42. The current E10 is C$-0.42. Maple Gold Mines' overall GF Score™ is 29/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Maple Gold Mines (TSXV:MGM), the current E10 is C$-0.42 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.

Maple Gold Mines Business Description

Address 600 - 1111 West Hastings Street, 6th Floor, Vancouver, BC, CAN, V6E 2J3
Maple Gold Mines Ltd is an exploration-stage company, predominantly involved in the exploration of mineral properties in Quebec, Canada. It is focused on advancing the district-scale Douay and Joutel gold projects located in the prolific Abitibi Greenstone Gold Belt of Quebec, Canada. In addition, the company holds full ownership of the Morris project in the Matagami mining district and holds an exclusive option to acquire Eagle Mine property and PAT Project.
29GF Score

Get the complete analysis for TSXV:MGM

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

C$2.67
Price