Bolt Metals (XCNQ:BOLT) E10: C$-36.35 (As of Dec. 2025)

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.

XCNQ:BOLT Bolt Metals Corp XCNQ:BOLT
36 GF Score
Price C$0.37
! 1 Warning Sign
View Full Analysis

What is Bolt Metals E10?

Bolt Metals XCNQ:BOLT 36 E10 is C$-36.35 as of Dec. 2025. GuruFocus rates XCNQ:BOLT with a GF Score™ of 36/100. 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.

Bolt Metals's adjusted earnings per share data for the three months ended in Dec. 2025 was C$-0.048. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-36.35 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was 2.00% per year. During the past 5 years, the average E10 Growth Rate was 3.10% 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 Bolt Metals was 7.70% per year. The lowest was 2.00% per year. And the median was 4.30% per year.

As of today (2026-08-01), Bolt Metals's current stock price is C$0.37. Bolt Metals's E10 for the quarter that ended in Dec. 2025 was C$-36.35. Bolt Metals's Shiller PE Ratio of today is .


Bolt Metals  (XCNQ:BOLT) 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.


Bolt Metals E10 Related Terms


Bolt Metals E10 Historical Data

* Premium members only.

The historical data trend for Bolt Metals'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.

Bolt Metals E10 Chart

Bolt Metals 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 -40.12 -38.68 -36.40 -35.53 -36.35

Bolt Metals Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -35.53 0.00 -36.89 -36.96 -36.35

Bolt Metals E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bolt Metals'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.


Bolt Metals Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Bolt Metals's Shiller PE Ratio falls into.


XCNQ:BOLT
36GF Score
Bolt Metals Corp XCNQ:BOLT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bolt Metals 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, Bolt Metals's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.048/130.3661*130.3661
=-0.048

Current CPI (Dec. 2025) = 130.3661.

Bolt Metals Quarterly Data

per share eps CPI Adj_EPS
201603 -1.451 101.054 -1.872
201606 -1.040 102.002 -1.329
201609 -2.929 101.765 -3.752
201612 -2.107 101.449 -2.708
201703 -1.533 102.634 -1.947
201706 -8.125 103.029 -10.281
201709 -24.375 103.345 -30.748
201712 -60.229 103.345 -75.977
201803 -32.500 105.004 -40.350
201806 -32.500 105.557 -40.138
201809 -16.250 105.636 -20.054
201812 -8.125 105.399 -10.050
201903 -16.250 106.979 -19.802
201906 -8.125 107.690 -9.836
201909 -8.750 107.611 -10.600
201912 -10.000 107.769 -12.097
202003 -17.500 107.927 -21.138
202006 -3.750 108.401 -4.510
202009 -2.500 108.164 -3.013
202012 -2.500 108.559 -3.002
202103 -1.250 110.298 -1.477
202106 -2.500 111.720 -2.917
202109 -1.250 112.905 -1.443
202112 -7.750 113.774 -8.880
202203 -1.500 117.646 -1.662
202206 -1.500 120.806 -1.619
202209 -1.625 120.648 -1.756
202212 -1.875 120.964 -2.021
202303 -1.250 122.702 -1.328
202306 -0.875 124.203 -0.918
202309 -1.000 125.230 -1.041
202312 -0.875 125.072 -0.912
202403 -0.750 126.258 -0.774
202406 -1.250 127.522 -1.278
202409 -0.870 127.285 -0.891
202412 -0.957 127.364 -0.980
202503 0.000 129.181 0.000
202506 -0.250 129.892 -0.251
202509 -1.010 130.287 -1.011
202512 -0.048 130.366 -0.048

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$-36.35 mean?
Bolt Metals (XCNQ:BOLT) has a E10 of C$-36.35 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bolt Metals and its competitors.
Is Bolt Metals' E10 too high?
Bolt Metals' current E10 is C$-36.35. Overall, Bolt Metals has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Bolt Metals' E10 compare to competitors?
Bolt Metals' E10 of C$-36.35 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 Bolt Metals and its competitors. Bolt Metals's current E10 is C$-36.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolt Metals stock overvalued right now?
Bolt Metals (XCNQ:BOLT) has a current E10 of C$-36.35. The current E10 is C$-36.35. Bolt Metals' overall GF Score™ is 36/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Bolt Metals (XCNQ:BOLT), the current E10 is C$-36.35 as of Dec. 2025. 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.

Bolt Metals Business Description

Other Exchanges PCRCF:USA646:Germany
Address 200 Granville Street, Suite 1245, Vancouver, BC, CAN, V6C 1S4
Bolt Metals Corp is engaged in the acquisition and exploration of mineral exploration and evaluation assets in the United States, Brazil and Canada. The Company operates in a single reportable operating segment being the acquisition and exploration of exploration and evaluation assets.
36GF Score

Get the complete analysis for XCNQ:BOLT

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

C$0.37
Price