TWIRF (Tree Island Steel) E10: $0.38 (As of Mar. 2026)


TWIRF Tree Island Steel Ltd TWIRF
53 GF Score
Price $1.64
GF Value $1.41
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Tree Island Steel E10?

Tree Island Steel TWIRF 53 E10 is $0.38 as of Mar. 2026. GuruFocus rates TWIRF with a GF Score™ of 53/100 and a GF Value™ of $1.41 (Modestly Overvalued). The stock has 4 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.

Tree Island Steel's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.036. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.38 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -1.20% 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 Tree Island Steel was 79.50% per year. The lowest was -346.50% per year. And the median was 11.50% per year.

As of today (2026-06-26), Tree Island Steel's current stock price is $1.6435. Tree Island Steel's E10 for the quarter that ended in Mar. 2026 was $0.38. Tree Island Steel's Shiller PE Ratio of today is 4.33.

During the past 13 years, the highest Shiller PE Ratio of Tree Island Steel was 197.00. The lowest was 3.98. And the median was 5.40.


Tree Island Steel  (OTCPK:TWIRF) 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.

Tree Island Steel's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.6435/0.38
=4.33

* 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 Tree Island Steel was 197.00. The lowest was 3.98. And the median was 5.40.


Be Aware

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


Tree Island Steel E10 Related Terms


Tree Island Steel E10 Historical Data

* Premium members only.

The historical data trend for Tree Island Steel'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.

Tree Island Steel E10 Chart

Tree Island Steel 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 0.32 0.43 0.48 0.41 0.37

Tree Island Steel 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 0.00 0.00 0.44 0.37 0.38

TWIRF vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tree Island Steel's Shiller PE Ratio falls into.


TWIRF
53GF Score
Tree Island Steel Ltd TWIRF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tree Island Steel 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, Tree Island Steel'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)
=-0.036/132.2623*132.2623
=-0.036

Current CPI (Mar. 2026) = 132.2623.

Tree Island Steel Quarterly Data

per share eps CPI Adj_EPS
201606 0.155 102.002 0.201
201609 0.069 101.765 0.090
201612 -0.017 101.449 -0.022
201703 0.045 102.634 0.058
201706 0.015 103.029 0.019
201709 -0.057 103.345 -0.073
201712 -0.052 103.345 -0.067
201803 0.031 105.004 0.039
201806 0.069 105.557 0.086
201809 0.023 105.636 0.029
201812 -0.060 105.399 -0.075
201903 -0.030 106.979 -0.037
201906 -0.015 107.690 -0.018
201909 -0.008 107.611 -0.010
201912 -0.084 107.769 -0.103
202003 0.043 107.927 0.053
202006 0.030 108.401 0.037
202009 0.015 108.164 0.018
202012 0.046 108.559 0.056
202103 0.175 110.298 0.210
202106 0.262 111.720 0.310
202109 0.371 112.905 0.435
202112 1.617 113.774 1.880
202203 0.355 117.646 0.399
202206 0.359 120.806 0.393
202209 0.210 120.648 0.230
202212 -0.020 120.964 -0.022
202303 0.153 122.702 0.165
202306 0.045 124.203 0.048
202309 0.052 125.230 0.055
202312 -0.052 125.072 -0.055
202403 0.015 126.258 0.016
202406 0.015 127.522 0.016
202409 -0.052 127.285 -0.054
202412 -0.091 127.364 -0.094
202503 0.000 129.181 0.000
202506 0.000 129.892 0.000
202509 -0.058 130.287 -0.059
202512 -0.094 130.366 -0.095
202603 -0.036 132.262 -0.036

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 $0.38 mean?
Tree Island Steel (TWIRF) has a E10 of $0.38 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tree Island Steel and its competitors.
Is Tree Island Steel's E10 too high?
Tree Island Steel's current E10 is $0.38. Overall, Tree Island Steel has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's E10 compare to NUE and STLD?
Tree Island Steel's E10 of $0.38 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Tree Island Steel and its competitors. Tree Island Steel's current E10 is $0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Based on GuruFocus' analysis, Tree Island Steel (TWIRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.41, compared to a current price of $1.64 — trading 16.6% above its estimated fair value. The current E10 is $0.38. Tree Island Steel's overall GF Score™ is 53/100 with 4 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 Tree Island Steel (TWIRF), the current E10 is $0.38 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 Tree Island Steel (TWIRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued. The current stock price of $1.64 is trading 16.6% above its estimated GF Value™ of $1.41. GuruFocus considers Tree Island Steel to be Modestly Overvalued.

Key valuation signals for TWIRF:

  • E10: $0.38
  • GF Value™: $1.41 vs. price of $1.64 (16.6% above fair value)
  • GF Score™: 53/100 with 4 warning signs

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


Tree Island Steel Business Description

Other Exchanges TSL:Canada
Address 3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
53GF Score

Get the complete analysis for TWIRF

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

$1.64
Price
$1.41
GF Value