Semiconductor Manufacturing International (HKSE:00981) E10: HK$0.84 (As of Jun. 2026)

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HKSE:00981 Semiconductor Manufacturing International Corp HKSE:00981
87 GF Score
Price HK$62.25
GF Value HK$53.36
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Semiconductor Manufacturing International E10?

Semiconductor Manufacturing International HKSE:00981 -1.89% 87 E10 is HK$0.84 as of Jun. 2026. GuruFocus rates HKSE:00981 with a GF Score™ of 87/100 and a GF Value™ of HK$53.36 (Modestly Overvalued). 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.

Semiconductor Manufacturing International's adjusted earnings per share data for the three months ended in Jun. 2026 was HK$0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.84 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Semiconductor Manufacturing International's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was 3.10% 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 Semiconductor Manufacturing International was 3.10% per year. The lowest was 3.10% per year. And the median was 3.10% per year.

As of today (2026-09-10), Semiconductor Manufacturing International's current stock price is HK$62.25. Semiconductor Manufacturing International's E10 for the quarter that ended in Jun. 2026 was HK$0.84. Semiconductor Manufacturing International's Shiller PE Ratio of today is 74.11.

During the past 13 years, the highest Shiller PE Ratio of Semiconductor Manufacturing International was 115.06. The lowest was 18.05. And the median was 27.60.


Semiconductor Manufacturing International  (HKSE:00981) 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.

Semiconductor Manufacturing International's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=62.25/0.84
=74.11

* 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 Semiconductor Manufacturing International was 115.06. The lowest was 18.05. And the median was 27.60.


Be Aware

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


Semiconductor Manufacturing International E10 Related Terms


Semiconductor Manufacturing International E10 Historical Data

* Premium members only.

The historical data trend for Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International E10 Chart

Semiconductor Manufacturing International 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 0.74 0.78 0.79 0.81

Semiconductor Manufacturing International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 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 0.79 0.79 0.81 0.82 0.84

HKSE:00981 vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, Semiconductor Manufacturing International'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.


Semiconductor Manufacturing International Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Semiconductor Manufacturing International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Semiconductor Manufacturing International's Shiller PE Ratio falls into.


HKSE:00981
87GF Score
Semiconductor Manufacturing International Corp HKSE:00981
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semiconductor Manufacturing International 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, Semiconductor Manufacturing International'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)
=0.47/116.0564*116.0564
=0.470

Current CPI (Jun. 2026) = 116.0564.

Semiconductor Manufacturing International Quarterly Data

per share eps CPI Adj_EPS
201609 0.175 102.400 0.198
201612 0.155 102.600 0.175
201703 0.078 103.200 0.088
201706 0.078 103.100 0.088
201709 0.078 104.100 0.087
201712 0.078 104.500 0.087
201803 0.078 105.300 0.086
201806 0.078 104.900 0.086
201809 0.157 106.600 0.171
201812 0.041 106.500 0.045
201903 0.015 107.700 0.016
201906 0.024 107.700 0.026
201909 0.157 109.800 0.166
201912 0.156 111.200 0.163
202003 0.078 112.300 0.081
202006 0.155 110.400 0.163
202009 0.232 111.700 0.241
202012 0.233 111.500 0.243
202103 0.155 112.662 0.160
202106 0.699 111.769 0.726
202109 0.311 112.215 0.322
202112 0.546 113.108 0.560
202203 0.469 114.335 0.476
202206 0.471 114.558 0.477
202209 0.471 115.339 0.474
202212 0.380 115.116 0.383
202303 0.235 115.116 0.237
202306 0.392 114.558 0.397
202309 0.078 115.339 0.078
202312 0.142 114.781 0.144
202403 0.078 115.227 0.079
202406 0.156 114.781 0.158
202409 0.156 115.785 0.156
202412 0.078 114.893 0.079
202503 0.155 115.116 0.156
202506 0.157 114.907 0.159
202509 0.156 115.471 0.157
202512 0.233 115.832 0.233
202603 0.157 116.303 0.157
202606 0.470 116.056 0.470

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 HK$0.84 mean?
Semiconductor Manufacturing International (HKSE:00981) has a E10 of HK$0.84 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Semiconductor Manufacturing International and its competitors.
Is Semiconductor Manufacturing International's E10 too high?
Semiconductor Manufacturing International's current E10 is HK$0.84. Overall, Semiconductor Manufacturing International has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semiconductor Manufacturing International's E10 compare to NVDA and AVGO?
Semiconductor Manufacturing International's E10 of HK$0.84 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Semiconductor Manufacturing International and its competitors. Semiconductor Manufacturing International's current E10 is HK$0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semiconductor Manufacturing International stock overvalued right now?
Based on GuruFocus' analysis, Semiconductor Manufacturing International (HKSE:00981) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$53.36, compared to a current price of HK$62.25 — trading 16.7% above its estimated fair value. The current E10 is HK$0.84. Semiconductor Manufacturing International's overall GF Score™ is 87/100 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 Semiconductor Manufacturing International (HKSE:00981), the current E10 is HK$0.84 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 Semiconductor Manufacturing International (HKSE:00981) Overvalued in 2026?

Based on GuruFocus' analysis, Semiconductor Manufacturing International stock appears to be overvalued. The current stock price of HK$62.25 is trading 16.7% above its estimated GF Value™ of HK$53.36. GuruFocus considers Semiconductor Manufacturing International to be Modestly Overvalued.

Key valuation signals for HKSE:00981:

  • E10: HK$0.84
  • GF Value™: HK$53.36 vs. price of HK$62.25 (16.7% above fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Semiconductor Manufacturing International Business Description

Address No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corporation is the largest foundry in China and the third-largest globally after TSMC and Samsung Electronics, overtaking GlobalFoundries and United Microelectronics in 2024. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen, and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs 19,952 people as of Dec. 31, 2025.
87GF Score

Get the complete analysis for HKSE:00981

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

HK$62.25
Price
HK$53.36
GF Value