Asante Gold (XGHA:ASG) E10: GHS-1.55 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

XGHA:ASG Asante Gold Corp XGHA:ASG
27 GF Score
Price GHS8.89
! 5 Warning Signs
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What is Asante Gold E10?

Asante Gold XGHA:ASG 27 E10 is GHS-1.55 as of Mar. 2026. GuruFocus rates XGHA:ASG with a GF Score™ of 27/100. The stock has 5 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.

Asante Gold's adjusted earnings per share data for the three months ended in Mar. 2026 was GHS-0.109. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is GHS-1.55 for the trailing ten years ended in Mar. 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.

As of today (2026-08-14), Asante Gold's current stock price is GHS8.89. Asante Gold's E10 for the quarter that ended in Mar. 2026 was GHS-1.55. Asante Gold's Shiller PE Ratio of today is .


Asante Gold  (XGHA:ASG) 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.


Asante Gold E10 Related Terms


Asante Gold E10 Historical Data

* Premium members only.

The historical data trend for Asante Gold'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.

Asante Gold E10 Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.41 -0.65

Asante Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 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 -1.16 -1.09 -0.88 -0.85 -1.55

XGHA:ASG vs NEM, AU: E10 Comparison

For the Gold subindustry, Asante Gold'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.


Asante Gold Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Asante Gold's Shiller PE Ratio falls into.


XGHA:ASG
27GF Score
Asante Gold Corp XGHA:ASG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Asante Gold 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, Asante Gold'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)
=-0.109/132.2623*132.2623
=-0.109

Current CPI (Mar. 2026) = 132.2623.

Asante Gold Quarterly Data

per share eps CPI Adj_EPS
201604 -0.087 101.370 -0.114
201607 -0.084 101.844 -0.109
201610 -0.082 102.002 -0.106
201701 0.078 102.318 0.101
201704 -0.052 103.029 -0.067
201707 -0.088 103.029 -0.113
201710 -0.038 103.424 -0.049
201801 0.082 104.056 0.104
201804 -0.023 105.320 -0.029
201807 -0.051 106.110 -0.064
201810 -0.083 105.952 -0.104
201901 -0.026 105.557 -0.033
201904 -0.022 107.453 -0.027
201907 -0.031 108.243 -0.038
201910 -0.083 107.927 -0.102
202001 0.000 108.085 0.000
202004 -0.012 107.216 -0.015
202007 -0.018 108.401 -0.022
202010 -0.018 108.638 -0.022
202101 -0.003 109.192 -0.004
202104 -0.089 110.851 -0.106
202107 -0.029 112.431 -0.034
202110 -0.265 113.695 -0.308
202201 0.013 114.801 0.015
202204 -0.592 118.357 -0.662
202207 -0.422 120.964 -0.461
202210 -1.528 121.517 -1.663
202301 -1.680 121.596 -1.827
202304 -1.423 123.571 -1.523
202307 -1.204 124.914 -1.275
202310 -0.876 125.310 -0.925
202401 0.876 125.072 0.926
202404 -0.438 126.890 -0.457
202407 -0.547 128.075 -0.565
202410 -0.438 127.838 -0.453
202501 -0.328 127.443 -0.340
202504 -0.219 129.102 -0.224
202507 -1.313 130.290 -1.333
202510 -3.283 130.603 -3.325
202603 -0.109 132.262 -0.109

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 GHS-1.55 mean?
Asante Gold (XGHA:ASG) has a E10 of GHS-1.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Asante Gold and its competitors.
Is Asante Gold's E10 too high?
Asante Gold's current E10 is GHS-1.55. Overall, Asante Gold has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's E10 compare to NEM and AU?
Asante Gold's E10 of GHS-1.55 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 Asante Gold and its competitors. Asante Gold's current E10 is GHS-1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Asante Gold (XGHA:ASG) has a current E10 of GHS-1.55. The current E10 is GHS-1.55. Asante Gold's overall GF Score™ is 27/100 with 5 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 Asante Gold (XGHA:ASG), the current E10 is GHS-1.55 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.

Asante Gold Business Description

Address 800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
27GF Score

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

GHS8.89
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