A.Plus Group Holdings (HKSE:01841) E10: HK$0.05 (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.
Reviewed by: Charlie Tian Charlie Tian
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.

HKSE:01841 A.Plus Group Holdings Ltd HKSE:01841
57 GF Score
Price HK$0.48
GF Value HK$0.22
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is A.Plus Group Holdings E10?

A.Plus Group Holdings HKSE:01841 +13.10% 57 E10 is HK$0.05 as of Mar. 2026. GuruFocus rates HKSE:01841 with a GF Score™ of 57/100 and a GF Value™ of HK$0.22 (Significantly Overvalued). 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.

A.Plus Group Holdings's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was HK$0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, A.Plus Group Holdings's average E10 Growth Rate was -16.70% per year. During the past 3 years, the average E10 Growth Rate was -5.90% 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 A.Plus Group Holdings was -5.90% per year. The lowest was -5.90% per year. And the median was -5.90% per year.

As of today (2026-08-28), A.Plus Group Holdings's current stock price is HK$ 0.475. A.Plus Group Holdings's E10 for the fiscal year that ended in Mar. 2026 was HK$0.05. A.Plus Group Holdings's Shiller PE Ratio of today is 9.50.

During the past 13 years, the highest Shiller PE Ratio of A.Plus Group Holdings was 10.00. The lowest was 2.14. And the median was 3.67.


A.Plus Group Holdings  (HKSE:01841) 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.

A.Plus Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.475/0.05
=9.50

* 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 A.Plus Group Holdings was 10.00. The lowest was 2.14. And the median was 3.67.


Be Aware

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


A.Plus Group Holdings E10 Related Terms


A.Plus Group Holdings E10 Historical Data

* Premium members only.

The historical data trend for A.Plus Group Holdings'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.

A.Plus Group Holdings E10 Chart

A.Plus Group Holdings 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 0.06 0.07 0.06 0.05

A.Plus Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.07 0.00 0.06 0.00 0.05

HKSE:01841 vs CTAS, CPRT, GPN: E10 Comparison

For the Specialty Business Services subindustry, A.Plus Group Holdings'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.


A.Plus Group Holdings Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, A.Plus Group Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where A.Plus Group Holdings's Shiller PE Ratio falls into.


HKSE:01841
57GF Score
A.Plus Group Holdings Ltd HKSE:01841
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

A.Plus Group Holdings 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, A.Plus Group Holdings's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.009/121.4731*121.4731
=0.009

Current CPI (Mar. 2026) = 121.4731.

A.Plus Group Holdings Annual Data

per_share_eps CPI Adj_EPS
201703 0.070 103.335 0.082
201803 0.102 105.973 0.117
201903 0.069 108.172 0.077
202003 0.065 110.920 0.071
202103 0.069 111.579 0.075
202203 0.029 113.558 0.031
202303 0.050 115.427 0.053
202403 0.022 117.735 0.023
202503 -0.004 119.384 -0.004
202603 0.009 121.473 0.009

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$0.05 mean?
A.Plus Group Holdings (HKSE:01841) has a E10 of HK$0.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on A.Plus Group Holdings and its competitors.
Is A.Plus Group Holdings' E10 too high?
A.Plus Group Holdings' current E10 is HK$0.05. Overall, A.Plus Group Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A.Plus Group Holdings' E10 compare to CTAS and CPRT?
A.Plus Group Holdings' E10 of HK$0.05 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 A.Plus Group Holdings and its competitors. A.Plus Group Holdings's current E10 is HK$0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A.Plus Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, A.Plus Group Holdings (HKSE:01841) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.48 — trading 115.9% above its estimated fair value. The current E10 is HK$0.05. A.Plus Group Holdings' overall GF Score™ is 57/100 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 A.Plus Group Holdings (HKSE:01841), the current E10 is HK$0.05 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 A.Plus Group Holdings (HKSE:01841) Overvalued in 2026?

Based on GuruFocus' analysis, A.Plus Group Holdings stock appears to be overvalued. The current stock price of HK$0.48 is trading 115.9% above its estimated GF Value™ of HK$0.22. GuruFocus considers A.Plus Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01841:

  • E10: HK$0.05
  • GF Value™: HK$0.22 vs. price of HK$0.48 (115.9% above fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A.Plus Group Holdings Business Description

Address 35-45B Bonham Strand, 2nd Floor, Sheung Wan, Hong Kong, HKG
A.Plus Group Holdings Ltd is a Hong Kong-based investment holding company. It is principally engaged in the provision of financial printing services. Geographically, it derives revenue from Hong Kong. The company provides typesetting, design, translation, printing and delivery services in relation to financial reports, company announcements, shareholders circulars, debt offering documents, IPO prospectuses, and other documents.
57GF Score

Get the complete analysis for HKSE:01841

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

HK$0.48
Price
HK$0.22
GF Value