Micromem Technologies (XCNQ:MRM) E10: C$ (As of Apr. 2026)

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What is Micromem Technologies E10?

Micromem Technologies XCNQ:MRM E10 is C$ as of Apr. 2026. 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.

Micromem Technologies's adjusted earnings per share data for the three months ended in Apr. 2026 was C$-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$ for the trailing ten years ended in Apr. 2026.

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 Micromem Technologies was 20.60% per year. The lowest was 0.00% per year. And the median was 11.80% per year.

As of today (2026-09-21), Micromem Technologies's current stock price is C$0.025. Micromem Technologies's E10 for the quarter that ended in Apr. 2026 was C$. Micromem Technologies's Shiller PE Ratio of today is .


Micromem Technologies  (XCNQ:MRM) 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.


Micromem Technologies E10 Related Terms


Micromem Technologies E10 Historical Data

* Premium members only.

The historical data trend for Micromem Technologies'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.

Micromem Technologies E10 Chart

Micromem Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
E10
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Micromem Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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XCNQ:MRM vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, Micromem Technologies'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.


Micromem Technologies Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micromem Technologies's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Micromem Technologies's Shiller PE Ratio falls into.



Micromem Technologies 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, Micromem Technologies's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-0.0008/132.7364*132.7364
=-0.001

Current CPI (Apr. 2026) = 132.7364.

Micromem Technologies Quarterly Data

per share eps CPI Adj_EPS
201607 -0.026 101.844 -0.034
201610 -0.005 102.002 -0.007
201701 -0.013 102.318 -0.017
201704 0.001 103.029 0.001
201707 -0.003 103.029 -0.003
201710 -0.013 103.424 -0.016
201801 -0.013 104.056 -0.016
201804 0.001 105.320 0.001
201807 0.000 106.110 0.000
201810 -0.002 105.952 -0.002
201901 -0.006 105.557 -0.007
201904 -0.000 107.453 -0.000
201907 -0.003 108.243 -0.003
201910 -0.005 107.927 -0.006
202001 -0.006 108.085 -0.008
202004 0.004 107.216 0.005
202007 -0.001 108.401 -0.001
202010 -0.001 108.638 -0.001
202101 -0.004 109.192 -0.005
202104 -0.009 110.851 -0.011
202107 0.006 112.431 0.007
202110 0.004 113.695 0.004
202201 -0.004 114.801 -0.005
202204 0.000 118.357 0.000
202207 -0.004 120.964 -0.004
202210 0.001 121.517 0.001
202301 -0.001 121.596 -0.001
202304 -0.011 123.571 -0.012
202307 0.000 124.914 0.000
202310 0.003 125.310 0.004
202401 -0.004 125.072 -0.004
202404 0.003 126.890 0.003
202407 -0.002 128.075 -0.002
202410 -0.006 127.838 -0.006
202501 0.001 127.443 0.001
202504 -0.002 129.102 -0.002
202507 -0.002 130.290 -0.002
202510 0.001 130.603 0.001
202601 -0.001 130.366 -0.001
202604 -0.001 132.736 -0.001

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$ mean?
Micromem Technologies (XCNQ:MRM) has a E10 of C$ as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Micromem Technologies and its competitors.
Is Micromem Technologies' E10 too high?
Micromem Technologies' current E10 is C$.
How does Micromem Technologies' E10 compare to NVDA and AVGO?
Micromem Technologies' E10 of C$ can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Micromem Technologies and its competitors. Micromem Technologies's current E10 is C$. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micromem Technologies stock overvalued right now?
Micromem Technologies (XCNQ:MRM) has a current E10 of C$. The current E10 is C$. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Micromem Technologies (XCNQ:MRM), the current E10 is C$ as of Apr. 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.

Micromem Technologies Business Description

Other Exchanges MMTIF:USA
Address 121 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2K1
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.