QCX Gold (TSXV:QCX) E10: C$-0.59 (As of Jun. 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:QCX QCX Gold Corp TSXV:QCX
37 GF Score
Price C$0.28
! 1 Warning Sign
View Full Analysis

What is QCX Gold E10?

QCX Gold TSXV:QCX 37 E10 is C$-0.59 as of Jun. 2026. GuruFocus rates TSXV:QCX with a GF Score™ of 37/100. 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.

QCX Gold's adjusted earnings per share data for the three months ended in Jun. 2026 was C$-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.59 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 30.40% 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 QCX Gold was 30.40% per year. The lowest was 9.70% per year. And the median was 21.00% per year.

As of today (2026-09-16), QCX Gold's current stock price is C$0.28. QCX Gold's E10 for the quarter that ended in Jun. 2026 was C$-0.59. QCX Gold's Shiller PE Ratio of today is .


QCX Gold  (TSXV:QCX) 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.


QCX Gold E10 Related Terms


QCX Gold E10 Historical Data

* Premium members only.

The historical data trend for QCX Gold'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.

QCX Gold E10 Chart

QCX Gold 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 -1.86 -1.85 -1.79 -0.66 -0.55

QCX Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.63 -0.62 -0.59 -0.59 -0.59

TSXV:QCX vs NEM, AU: E10 Comparison

For the Gold subindustry, QCX Gold'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.


QCX Gold Shiller PE Ratio vs Metals & Mining Industry

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

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


TSXV:QCX
37GF Score
QCX Gold Corp TSXV:QCX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QCX Gold 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, QCX Gold's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.0026/133.5265*133.5265
=-0.003

Current CPI (Jun. 2026) = 133.5265.

QCX Gold Quarterly Data

per share eps CPI Adj_EPS
201609 -0.078 101.765 -0.102
201612 -0.122 101.449 -0.161
201703 -0.160 102.634 -0.208
201706 -0.067 103.029 -0.087
201709 -0.147 103.345 -0.190
201712 -0.128 103.345 -0.165
201803 -0.161 105.004 -0.205
201806 -1.000 105.557 -1.265
201809 -0.061 105.636 -0.077
201812 -2.040 105.399 -2.584
201903 -0.148 106.979 -0.185
201906 -0.078 107.690 -0.097
201909 -0.111 107.611 -0.137
201912 0.043 107.769 0.054
202003 -0.008 107.927 -0.010
202006 -0.193 108.401 -0.238
202009 -0.052 108.164 -0.064
202012 0.014 108.559 0.017
202103 -0.011 110.298 -0.014
202106 -0.010 111.720 -0.012
202109 -0.010 112.905 -0.011
202112 0.005 113.774 0.006
202203 -0.006 117.646 -0.007
202206 -0.007 120.806 -0.008
202209 -0.006 120.648 -0.007
202212 -0.005 120.964 -0.005
202303 -0.007 122.702 -0.007
202306 -0.006 124.203 -0.006
202309 -0.004 125.230 -0.005
202312 -0.003 125.072 -0.003
202403 -0.006 126.258 -0.006
202406 -0.006 127.522 -0.006
202409 -0.006 127.285 -0.006
202412 -0.006 127.364 -0.006
202503 -0.004 129.181 -0.004
202506 -0.006 129.892 -0.006
202509 -0.031 130.287 -0.032
202512 -0.003 130.366 -0.003
202603 -0.002 132.262 -0.002
202606 -0.003 133.527 -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$-0.59 mean?
QCX Gold (TSXV:QCX) has a E10 of C$-0.59 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on QCX Gold and its competitors.
Is QCX Gold's E10 too high?
QCX Gold's current E10 is C$-0.59. Overall, QCX Gold has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does QCX Gold's E10 compare to NEM and AU?
QCX Gold's E10 of C$-0.59 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 QCX Gold and its competitors. QCX Gold's current E10 is C$-0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QCX Gold stock overvalued right now?
QCX Gold (TSXV:QCX) has a current E10 of C$-0.59. The current E10 is C$-0.59. QCX Gold's overall GF Score™ is 37/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For QCX Gold (TSXV:QCX), the current E10 is C$-0.59 as of Jun. 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.

QCX Gold Business Description

Other Exchanges QCXGF:USA
Address 5th Floor - 410 West Georgia Street, Vancouver, BC, CAN, V6B 1Z3
QCX Gold Corp is engaged principally in the acquisition, exploration, and development of mineral properties. It is exploring for gold and VMS-style mineralization on its prospective and well-located properties in Quebec, Canada. The Golden Giant Project is located in James Bay. The Company is in the process of exploring and evaluating its exploration and evaluation assets. The project includes The Kali Project, which is comprised of the Kali West property, Fernet Property, and Batchewana Property.
37GF Score

Get the complete analysis for TSXV:QCX

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

C$0.28
Price