Anglogold Ashanti (XGHA:AGA) E10: GHS0.92 (As of Jun. 2026)

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XGHA:AGA Anglogold Ashanti PLC XGHA:AGA
81 GF Score
Price GHS37.00
GF Value GHS26.63
! 2 Warning Signs
View Full Analysis

What is Anglogold Ashanti E10?

Anglogold Ashanti XGHA:AGA 81 E10 is GHS0.92 as of Jun. 2026. GuruFocus rates XGHA:AGA with a GF Score™ of 81/100 and a GF Value™ of GHS26.63. The stock has 2 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.

Anglogold Ashanti's adjusted earnings per share data for the three months ended in Jun. 2026 was GHS22.954. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is GHS0.92 for the trailing ten years ended in Jun. 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 Anglogold Ashanti was 30.70% per year. The lowest was -97.40% per year. And the median was -51.70% per year.

As of today (2026-08-04), Anglogold Ashanti's current stock price is GHS37.00. Anglogold Ashanti's E10 for the quarter that ended in Jun. 2026 was GHS0.92. Anglogold Ashanti's Shiller PE Ratio of today is 40.22.

During the past 13 years, the highest Shiller PE Ratio of Anglogold Ashanti was 2005.00. The lowest was 38.19. And the median was 101.41.


Anglogold Ashanti  (XGHA:AGA) 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.

Anglogold Ashanti's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.00/0.92
=40.22

* 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 Anglogold Ashanti was 2005.00. The lowest was 38.19. And the median was 101.41.


Be Aware

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


Anglogold Ashanti E10 Related Terms


Anglogold Ashanti E10 Historical Data

* Premium members only.

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti E10 Chart

Anglogold Ashanti 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 0.00 0.00 -0.28 -0.77 0.52

Anglogold Ashanti Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 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 -0.20 -0.07 0.52 0.60 0.92

XGHA:AGA vs RGLD, CDE, AUGO: E10 Comparison

For the Gold subindustry, Anglogold Ashanti'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.


Anglogold Ashanti Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Anglogold Ashanti's Shiller PE Ratio falls into.


XGHA:AGA
81GF Score
Anglogold Ashanti PLC XGHA:AGA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anglogold Ashanti 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, Anglogold Ashanti'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)
=22.954/333.9520*333.9520
=22.954

Current CPI (Jun. 2026) = 333.9520.

Anglogold Ashanti Quarterly Data

per share eps CPI Adj_EPS
201403 1.171 236.293 1.655
201406 -2.342 238.343 -3.281
201409 1.171 238.031 1.643
201412 -1.640 234.812 -2.332
201503 0.000 236.119 0.000
201506 -4.099 238.638 -5.736
201509 -2.108 237.945 -2.959
201512 1.874 236.525 2.646
201606 0.000 241.018 0.000
201612 0.000 241.432 0.000
201706 0.000 244.955 0.000
201712 0.000 246.524 0.000
201806 0.000 251.989 0.000
201812 0.000 251.233 0.000
201903 1.405 254.202 1.846
201906 1.757 256.143 2.291
201912 0.000 256.974 0.000
202003 4.684 258.115 6.060
202006 7.027 257.797 9.103
202012 0.000 260.474 0.000
202103 5.621 264.877 7.087
202106 4.450 271.696 5.470
202112 0.000 278.802 0.000
202203 4.919 287.504 5.714
202206 3.513 296.311 3.959
202212 0.000 296.797 0.000
202303 1.874 301.836 2.073
202306 -2.342 305.109 -2.563
202309 -6.207 307.789 -6.735
202312 0.703 306.746 0.765
202403 1.640 312.332 1.754
202406 7.027 314.175 7.469
202409 6.207 315.301 6.574
202412 12.063 315.605 12.764
202503 10.306 319.799 10.762
202506 15.459 322.561 16.005
202509 15.342 324.800 15.774
202512 19.675 324.054 20.276
202603 29.395 330.213 29.728
202606 22.954 333.952 22.954

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 GHS0.92 mean?
Anglogold Ashanti (XGHA:AGA) has a E10 of GHS0.92 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Anglogold Ashanti and its competitors.
Is Anglogold Ashanti's E10 too high?
Anglogold Ashanti's current E10 is GHS0.92. Overall, Anglogold Ashanti has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Anglogold Ashanti's E10 compare to RGLD and CDE?
Anglogold Ashanti's E10 of GHS0.92 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 Anglogold Ashanti and its competitors. Anglogold Ashanti's current E10 is GHS0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglogold Ashanti stock overvalued right now?
Anglogold Ashanti (XGHA:AGA) has a current E10 of GHS0.92. The stock's GF Value™ is GHS26.63, compared to a current price of GHS37.00 — trading 38.9% above its estimated fair value. The current E10 is GHS0.92. Anglogold Ashanti's overall GF Score™ is 81/100 with 2 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 Anglogold Ashanti (XGHA:AGA), the current E10 is GHS0.92 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.

Is Anglogold Ashanti (XGHA:AGA) Overvalued in 2026?

Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued. The current stock price of GHS37.00 is trading 38.9% above its estimated GF Value™ of GHS26.63.

Key valuation signals for XGHA:AGA:

  • E10: GHS0.92
  • GF Value™: GHS26.63 vs. price of GHS37.00 (38.9% above fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Anglogold Ashanti Business Description

Address 6363 S Fiddlers Green Circle, Suite 1000, Greenwood Village, Denver, CO, USA, 80111
Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia. The company's main product is gold, which once mined, is processed into dore (unrefined gold bars) on site and then dispatched to precious metals refineries. Geographically, Anglogold generates maximum revenue from its operations in Africa (comprising operations at Kibali, Iduapriem, Obuasi, Siguiri, Geita, and Sukari mines), followed by Australia (including Sunrise Dam and Tropicana), and the Americas (comprising Cerro Vanguardia, AngloGold Ashanti Mineracao, and Serra Grande operations).
81GF Score

Get the complete analysis for XGHA:AGA

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

GHS37.00
Price
GHS26.63
GF Value