GWNCF (Goldwin) E10: $0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

GWNCF Goldwin Inc GWNCF
75 GF Score
Price $15.08
GF Value $19.46
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Goldwin E10?

Goldwin GWNCF 75 E10 is $0.00 as of Mar. 2026. GuruFocus rates GWNCF with a GF Score™ of 75/100 and a GF Value™ of $19.46 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Goldwin's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.407. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Goldwin's average E10 Growth Rate was 16.20% per year. During the past 3 years, the average E10 Growth Rate was 21.90% per year. During the past 5 years, the average E10 Growth Rate was 24.60% 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 Goldwin was 26.80% per year. The lowest was 21.90% per year. And the median was 23.60% per year.

As of today (2026-07-17), Goldwin's current stock price is $15.08. Goldwin's E10 for the quarter that ended in Mar. 2026 was $0.00. Goldwin's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Goldwin was 111.93. The lowest was 17.95. And the median was 51.89.


Goldwin  (OTCPK:GWNCF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Goldwin was 111.93. The lowest was 17.95. And the median was 51.89.


Be Aware

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


Goldwin E10 Related Terms


Goldwin E10 Historical Data

* Premium members only.

The historical data trend for Goldwin'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.

Goldwin E10 Chart

Goldwin Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Goldwin 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 0.00 0.00 0.00 0.00 0.00

GWNCF vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, Goldwin'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.


Goldwin Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goldwin's Shiller PE Ratio distribution charts can be found below:

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


GWNCF
75GF Score
Goldwin Inc GWNCF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldwin 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, Goldwin'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)
=0.407/112.7000*112.7000
=0.407

Current CPI (Mar. 2026) = 112.7000.

Goldwin Quarterly Data

per share eps CPI Adj_EPS
201606 -0.004 98.100 -0.005
201609 0.047 98.000 0.054
201612 0.149 98.400 0.171
201703 0.029 98.100 0.033
201706 0.027 98.500 0.031
201709 0.043 98.800 0.049
201712 0.231 99.400 0.262
201803 0.039 99.200 0.044
201806 0.039 99.200 0.044
201809 0.063 99.900 0.071
201812 0.391 99.700 0.442
201903 0.108 99.700 0.122
201906 0.094 99.800 0.106
201909 0.152 100.100 0.171
201912 0.530 100.500 0.594
202003 -0.047 100.300 -0.053
202006 -0.020 99.900 -0.023
202009 0.063 99.900 0.071
202012 0.610 99.300 0.692
202103 0.101 99.900 0.114
202106 0.082 99.500 0.093
202109 0.093 100.100 0.105
202112 0.526 100.100 0.592
202203 0.221 101.100 0.246
202206 0.144 101.800 0.159
202209 0.167 103.100 0.183
202212 0.572 104.100 0.619
202303 0.261 104.400 0.282
202306 0.175 105.200 0.187
202309 0.199 106.200 0.211
202312 0.526 106.800 0.555
202403 0.332 107.200 0.349
202406 0.172 108.200 0.179
202409 0.218 108.900 0.226
202412 0.475 110.700 0.484
202503 0.339 111.100 0.344
202506 0.161 111.700 0.162
202509 0.177 112.000 0.178
202512 0.395 113.000 0.394
202603 0.407 112.700 0.407

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 $0.00 mean?
Goldwin (GWNCF) has a E10 of $0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Goldwin and its competitors.
Is Goldwin's E10 too high?
Goldwin's current E10 is $0.00. Overall, Goldwin has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldwin's E10 compare to RL and LEVI?
Goldwin's E10 of $0.00 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Goldwin and its competitors. Goldwin's current E10 is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldwin stock overvalued right now?
Based on GuruFocus' analysis, Goldwin (GWNCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.46, compared to a current price of $15.08 — trading 22.5% below its estimated fair value. The current E10 is $0.00. Goldwin's overall GF Score™ is 75/100 with 1 warning sign 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 Goldwin (GWNCF), the current E10 is $0.00 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 Goldwin (GWNCF) Overvalued in 2026?

Based on GuruFocus' analysis, Goldwin stock appears to be undervalued. The current stock price of $15.08 is trading 22.5% below its estimated GF Value™ of $19.46. GuruFocus considers Goldwin to be Modestly Undervalued.

Key valuation signals for GWNCF:

  • E10: $0.00
  • GF Value™: $19.46 vs. price of $15.08 (22.5% below fair value)
  • GF Score™: 75/100 with 1 warning sign

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


Goldwin Business Description

Other Exchanges 8111:Japan
Address 210 Kiyosawa, Toyama Prefecture, Oyabe, JPN, 932-0193
Goldwin Inc is involved in the business of manufacturing and selling sports products in Japan. It sells brands such as Goldwin, C3fit, Mxp, Speedo, Ellesse, Danskin, Canterbury, Black and white sport, the North Face, Helly Hansen, Macpac, Alite, Icebreaker, and Fischer.
75GF Score

Get the complete analysis for GWNCF

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

$15.08
Price
$19.46
GF Value