Leef Brands (XCNQ:LEEF) E10: C$-0.32 (As of Mar. 2026)

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XCNQ:LEEF Leef Brands Inc XCNQ:LEEF
27 GF Score
Price C$0.28
GF Value C$0.17
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Leef Brands E10?

Leef Brands XCNQ:LEEF +5.77% 27 E10 is C$-0.32 as of Mar. 2026. GuruFocus rates XCNQ:LEEF with a GF Score™ of 27/100 and a GF Value™ of C$0.17 (Significantly Overvalued). The stock has 6 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.

Leef Brands's adjusted earnings per share data for the three months ended in Mar. 2026 was C$-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.32 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 67.50% 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 Leef Brands was 67.50% per year. The lowest was 67.50% per year. And the median was 67.50% per year.

As of today (2026-08-13), Leef Brands's current stock price is C$0.275. Leef Brands's E10 for the quarter that ended in Mar. 2026 was C$-0.32. Leef Brands's Shiller PE Ratio of today is .


Leef Brands  (XCNQ:LEEF) 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.


Leef Brands E10 Related Terms


Leef Brands E10 Historical Data

* Premium members only.

The historical data trend for Leef Brands'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.

Leef Brands E10 Chart

Leef Brands Annual Data
Trend Jul15 Jul16 Jul17 Jul19 Jul20 Jul21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -9.36 -8.28 -5.93 -0.32

Leef Brands Quarterly Data
Apr21 Jul21 Oct21 Jan22 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 -6.01 -6.03 -6.02 -0.32 -0.32

XCNQ:LEEF vs ZTS: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Leef Brands'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.


Leef Brands Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Leef Brands's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Leef Brands's Shiller PE Ratio falls into.


XCNQ:LEEF
27GF Score
Leef Brands Inc XCNQ:LEEF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leef Brands 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, Leef Brands'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)
=-0.003/132.2623*132.2623
=-0.003

Current CPI (Mar. 2026) = 132.2623.

Leef Brands Quarterly Data

per share eps CPI Adj_EPS
201601 -0.092 100.184 -0.121
201604 -0.055 101.370 -0.072
201607 -0.090 101.844 -0.117
201610 -0.005 102.002 -0.006
201701 -0.003 102.318 -0.004
201704 -0.030 103.029 -0.039
201707 -0.044 103.029 -0.056
201710 -0.032 103.424 -0.041
201801 -0.021 104.056 -0.027
201804 -0.034 105.320 -0.043
201810 -0.099 105.952 -0.124
201901 -0.101 105.557 -0.127
201904 -0.014 107.453 -0.017
201907 -0.278 108.243 -0.340
201910 -0.100 107.927 -0.123
202001 -0.099 108.085 -0.121
202004 0.202 107.216 0.249
202007 -0.500 108.401 -0.610
202010 -0.013 108.638 -0.016
202101 -0.023 109.192 -0.028
202104 0.009 110.851 0.011
202107 -0.199 112.431 -0.234
202110 0.003 113.695 0.003
202201 -0.027 114.801 -0.031
202206 -0.128 120.806 -0.140
202209 0.133 120.648 0.146
202212 -0.292 120.964 -0.319
202303 -0.018 122.702 -0.019
202306 -0.266 124.203 -0.283
202309 -0.023 125.230 -0.024
202312 -0.134 125.072 -0.142
202403 -0.027 126.258 -0.028
202406 -0.055 127.522 -0.057
202409 -0.081 127.285 -0.084
202412 -0.057 127.364 -0.059
202503 0.001 129.181 0.001
202506 -0.027 129.892 -0.027
202509 -0.028 130.287 -0.028
202512 -0.083 130.366 -0.084
202603 -0.003 132.262 -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$-0.32 mean?
Leef Brands (XCNQ:LEEF) has a E10 of C$-0.32 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Leef Brands and its competitors.
Is Leef Brands' E10 too high?
Leef Brands' current E10 is C$-0.32. Overall, Leef Brands has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leef Brands' E10 compare to ZTS?
Leef Brands' E10 of C$-0.32 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Leef Brands and its competitors. Leef Brands's current E10 is C$-0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leef Brands stock overvalued right now?
Based on GuruFocus' analysis, Leef Brands (XCNQ:LEEF) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.17, compared to a current price of C$0.28 — trading 61.8% above its estimated fair value. The current E10 is C$-0.32. Leef Brands' overall GF Score™ is 27/100 with 6 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 Leef Brands (XCNQ:LEEF), the current E10 is C$-0.32 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 Leef Brands (XCNQ:LEEF) Overvalued in 2026?

Based on GuruFocus' analysis, Leef Brands stock appears to be overvalued. The current stock price of C$0.28 is trading 61.8% above its estimated GF Value™ of C$0.17. GuruFocus considers Leef Brands to be Significantly Overvalued.

Key valuation signals for XCNQ:LEEF:

  • E10: C$-0.32
  • GF Value™: C$0.17 vs. price of C$0.28 (61.8% above fair value)
  • GF Score™: 27/100 with 6 warning signs

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


Leef Brands Business Description

Other Exchanges LEEEF:USAH3G:Germany
Address 666 Burrard Street, Suite 2500 Park Place, Vancouver, BC, CAN, V6C 2X8
Leef Brands Inc is a vertically integrated cannabis extraction and manufacturing operator based in California. The company operates in two reportable segments: Wholesale concentrates and Retail. The wholesale concentrate segment includes the propagation, nursery, flowering canopy, drying, processing, manufacturing and distribution of cannabis concentrates. The retail segment includes company owned and operated retail cannabis store in the state of California. It derives majority of the revenue from Wholesale concentrates segment.
27GF Score

Get the complete analysis for XCNQ:LEEF

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

C$0.28
Price
C$0.17
GF Value