CIIHY (CITIC Securities Co) E10: $1.55 (As of Mar. 2026)


CIIHY CITIC Securities Co Ltd CIIHY
75 GF Score
Price $32.65
GF Value $36.64
Valuation Modestly Undervalued
! 2 Warning Signs
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What is CITIC Securities Co E10?

CITIC Securities Co CIIHY 75 E10 is $1.55 as of Mar. 2026. GuruFocus rates CIIHY with a GF Score™ of 75/100 and a GF Value™ of $36.64 (Modestly Undervalued). 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.

CITIC Securities Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.972. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CITIC Securities Co's average E10 Growth Rate was 5.60% per year. During the past 3 years, the average E10 Growth Rate was 3.40% per year. During the past 5 years, the average E10 Growth Rate was 5.50% per year. During the past 10 years, the average E10 Growth Rate was 2.40% 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 CITIC Securities Co was 13.80% per year. The lowest was -2.50% per year. And the median was 4.65% per year.

As of today (2026-06-26), CITIC Securities Co's current stock price is $32.65. CITIC Securities Co's E10 for the quarter that ended in Mar. 2026 was $1.55. CITIC Securities Co's Shiller PE Ratio of today is 21.06.

During the past 13 years, the highest Shiller PE Ratio of CITIC Securities Co was 29.00. The lowest was 13.54. And the median was 19.43.


CITIC Securities Co  (OTCPK:CIIHY) 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.

CITIC Securities Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.65/1.55
=21.06

* 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 CITIC Securities Co was 29.00. The lowest was 13.54. And the median was 19.43.


Be Aware

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


CITIC Securities Co E10 Related Terms


CITIC Securities Co E10 Historical Data

* Premium members only.

The historical data trend for CITIC Securities Co'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.

CITIC Securities Co E10 Chart

CITIC Securities Co 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 1.06 1.15 1.27 1.17 1.53

CITIC Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 1.21 1.24 1.48 1.53 1.55

CIIHY vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, CITIC Securities Co'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.


CITIC Securities Co Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CITIC Securities Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CITIC Securities Co's Shiller PE Ratio falls into.


CIIHY
75GF Score
CITIC Securities Co Ltd CIIHY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CITIC Securities Co 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, CITIC Securities Co'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)
=0.972/116.3033*116.3033
=0.972

Current CPI (Mar. 2026) = 116.3033.

CITIC Securities Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.415 101.400 0.476
201609 0.325 102.400 0.369
201612 0.272 102.600 0.308
201703 0.260 103.200 0.293
201706 0.305 103.100 0.344
201709 0.344 104.100 0.384
201712 0.415 104.500 0.462
201803 0.328 105.300 0.362
201806 0.350 104.900 0.388
201809 0.193 106.600 0.211
201812 0.233 106.500 0.254
201903 0.492 107.700 0.531
201906 0.246 107.700 0.266
201909 0.451 109.800 0.478
201912 0.188 111.200 0.197
202003 0.430 112.300 0.445
202006 0.506 110.400 0.533
202009 0.401 111.700 0.418
202012 0.245 111.500 0.256
202103 0.614 112.662 0.634
202106 0.840 111.769 0.874
202109 0.651 112.215 0.675
202112 0.518 113.108 0.533
202203 0.567 114.335 0.577
202206 0.597 114.558 0.606
202209 0.484 115.339 0.488
202212 0.459 115.116 0.464
202303 0.522 115.116 0.527
202306 0.545 114.558 0.553
202309 0.452 115.339 0.456
202312 0.308 114.781 0.312
202403 0.444 115.227 0.448
202406 0.510 114.781 0.517
202409 0.565 115.785 0.568
202412 0.440 114.893 0.445
202503 0.593 115.116 0.599
202506 0.641 114.907 0.649
202509 0.870 115.471 0.876
202512 0.639 115.832 0.642
202603 0.972 116.303 0.972

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 $1.55 mean?
CITIC Securities Co (CIIHY) has a E10 of $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 CITIC Securities Co and its competitors.
Is CITIC Securities Co's E10 too high?
CITIC Securities Co's current E10 is $1.55. Overall, CITIC Securities Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CITIC Securities Co's E10 compare to MS and GS?
CITIC Securities Co's E10 of $1.55 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 CITIC Securities Co and its competitors. CITIC Securities Co's current E10 is $1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CITIC Securities Co stock overvalued right now?
Based on GuruFocus' analysis, CITIC Securities Co (CIIHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.64, compared to a current price of $32.65 — trading 10.9% below its estimated fair value. The current E10 is $1.55. CITIC Securities Co's overall GF Score™ is 75/100 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 CITIC Securities Co (CIIHY), the current E10 is $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.

Is CITIC Securities Co (CIIHY) Overvalued in 2026?

Based on GuruFocus' analysis, CITIC Securities Co stock appears to be undervalued. The current stock price of $32.65 is trading 10.9% below its estimated GF Value™ of $36.64. GuruFocus considers CITIC Securities Co to be Modestly Undervalued.

Key valuation signals for CIIHY:

  • E10: $1.55
  • GF Value™: $36.64 vs. price of $32.65 (10.9% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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


CITIC Securities Co Business Description

Other Exchanges 06030:Hong Kong600030:China
Address No.48 Liangmaqiao Road, 10th Floor, CITIC Securities Tower, Chaoyang District, Beijing, CHN, 100026
CITIC Securities Co Ltd is a brokerage and investment group that provides brokerage, underwriting and sponsoring, proprietary trading, investment banking, asset management, investment advisory, Margin financing and securities lending, Stock option market-making, and other services. The company has five reportable segments, namely Investment Banking, Brokerage, Trading, Asset Management, and Others. The company derives maximum revenue from the Trading segment.
75GF Score

Get the complete analysis for CIIHY

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

$32.65
Price
$36.64
GF Value