Angang Steel Co (FRA:GNV) E10: €0.01 (As of Mar. 2026)


FRA:GNV Angang Steel Co Ltd FRA:GNV
62 GF Score
Price €0.12
GF Value €0.13
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Angang Steel Co E10?

Angang Steel Co FRA:GNV +1.75% 62 E10 is €0.01 as of Mar. 2026. GuruFocus rates FRA:GNV with a GF Score™ of 62/100 and a GF Value™ of €0.13 (Modestly Undervalued). 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.

Angang Steel Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Angang Steel Co's average E10 Growth Rate was 7.70% per year. During the past 3 years, the average E10 Growth Rate was -18.80% per year. During the past 5 years, the average E10 Growth Rate was -1.20% per year. During the past 10 years, the average E10 Growth Rate was 5.40% 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 Angang Steel Co was 32.60% per year. The lowest was -19.40% per year. And the median was -7.20% per year.

As of today (2026-07-02), Angang Steel Co's current stock price is €0.116. Angang Steel Co's E10 for the quarter that ended in Mar. 2026 was €0.01. Angang Steel Co's Shiller PE Ratio of today is 11.60.

During the past 13 years, the highest Shiller PE Ratio of Angang Steel Co was 233.46. The lowest was 9.26. And the median was 22.73.


Angang Steel Co  (FRA:GNV) 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.

Angang Steel Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.116/0.01
=11.60

* 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 Angang Steel Co was 233.46. The lowest was 9.26. And the median was 22.73.


Be Aware

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


Angang Steel Co E10 Related Terms


Angang Steel Co E10 Historical Data

* Premium members only.

The historical data trend for Angang Steel 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.

Angang Steel Co E10 Chart

Angang Steel 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 0.02 0.03 0.02 0.01 0.01

Angang Steel 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 0.01 0.01 0.01 0.01 0.01

FRA:GNV vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Angang Steel 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.


Angang Steel Co Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Angang Steel Co's Shiller PE Ratio distribution charts can be found below:

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


FRA:GNV
62GF Score
Angang Steel Co Ltd FRA:GNV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Angang Steel 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, Angang Steel 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)
=-0.02/116.3000*116.3000
=-0.020

Current CPI (Mar. 2026) = 116.3000.

Angang Steel Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.013 101.400 0.015
201609 0.010 102.400 0.011
201612 0.009 102.600 0.010
201703 0.015 103.200 0.017
201706 0.010 103.100 0.011
201709 0.023 104.100 0.026
201712 0.039 104.500 0.043
201803 0.026 105.300 0.029
201806 0.035 104.900 0.039
201809 0.032 106.600 0.035
201812 0.015 106.500 0.016
201903 0.005 107.700 0.005
201906 0.013 107.700 0.014
201909 0.004 109.800 0.004
201912 0.001 111.200 0.001
202003 0.004 112.300 0.004
202006 0.003 110.400 0.003
202009 0.010 111.700 0.010
202012 0.008 111.500 0.008
202103 0.020 112.662 0.021
202106 0.050 111.769 0.052
202109 0.032 112.215 0.033
202112 -0.009 113.108 -0.009
202203 0.022 114.335 0.022
202206 0.003 114.558 0.003
202209 -0.023 115.339 -0.023
202212 -0.001 115.116 -0.001
202303 -0.002 115.116 -0.002
202306 -0.016 114.558 -0.016
202309 -0.011 115.339 -0.011
202312 -0.016 114.781 -0.016
202403 -0.022 115.227 -0.022
202406 -0.014 114.781 -0.014
202409 -0.032 115.785 -0.032
202412 -0.028 114.893 -0.028
202503 -0.008 115.116 -0.008
202506 -0.008 114.907 -0.008
202509 -0.011 115.470 -0.011
202512 -0.026 115.830 -0.026
202603 -0.020 116.300 -0.020

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 €0.01 mean?
Angang Steel Co (FRA:GNV) has a E10 of €0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Angang Steel Co and its competitors.
Is Angang Steel Co's E10 too high?
Angang Steel Co's current E10 is €0.01. Overall, Angang Steel Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Angang Steel Co's E10 compare to NUE and STLD?
Angang Steel Co's E10 of €0.01 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Angang Steel Co and its competitors. Angang Steel Co's current E10 is €0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Angang Steel Co (FRA:GNV) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.13, compared to a current price of €0.12 — trading 10.8% below its estimated fair value. The current E10 is €0.01. Angang Steel Co's overall GF Score™ is 62/100 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 Angang Steel Co (FRA:GNV), the current E10 is €0.01 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 Angang Steel Co (FRA:GNV) Overvalued in 2026?

Based on GuruFocus' analysis, Angang Steel Co stock appears to be undervalued. The current stock price of €0.12 is trading 10.8% below its estimated GF Value™ of €0.13. GuruFocus considers Angang Steel Co to be Modestly Undervalued.

Key valuation signals for FRA:GNV:

  • E10: €0.01
  • GF Value™: €0.13 vs. price of €0.12 (10.8% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


Angang Steel Co Business Description

Address Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the iron and steel manufacturing industry, and at the same time focuses on developing emerging industries related to its core iron and steel business, including steel processing and distribution, the chemical industry, green energy, and resource recycling and utilization. The company is classified into the following operating segments based on the type of business: production and sale of steel products. Its products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. Geographically, the company derives a majority of its revenue from China, and also exports its products to other regions.
62GF Score

Get the complete analysis for FRA:GNV

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

€0.12
Price
€0.13
GF Value