Emerging Towns & Cities Singapore (SGX:1C0) E10: S$-0.01 (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.

What is Emerging Towns & Cities Singapore E10?

Emerging Towns & Cities Singapore SGX:1C0 +7.14% E10 is S$-0.01 as of Mar. 2026. 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.

Emerging Towns & Cities Singapore's adjusted earnings per share data for the three months ended in Mar. 2026 was S$-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is S$-0.01 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-04), Emerging Towns & Cities Singapore's current stock price is S$0.015. Emerging Towns & Cities Singapore's E10 for the quarter that ended in Mar. 2026 was S$-0.01. Emerging Towns & Cities Singapore's Shiller PE Ratio of today is .


Emerging Towns & Cities Singapore  (SGX:1C0) 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.


Be Aware

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


Emerging Towns & Cities Singapore E10 Related Terms


Emerging Towns & Cities Singapore E10 Historical Data

* Premium members only.

The historical data trend for Emerging Towns & Cities Singapore'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.

Emerging Towns & Cities Singapore E10 Chart

Emerging Towns & Cities Singapore 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 -0.01 -0.01 -0.02 -0.04 -0.01

Emerging Towns & Cities Singapore 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 -0.04 -0.04 0.00 -0.01 -0.01

Emerging Towns & Cities Singapore E10 Competitor Comparison

For the Real Estate - Development subindustry, Emerging Towns & Cities Singapore'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.


Emerging Towns & Cities Singapore Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emerging Towns & Cities Singapore's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Emerging Towns & Cities Singapore's Shiller PE Ratio falls into.



Emerging Towns & Cities Singapore 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, Emerging Towns & Cities Singapore'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)
=-0.001/330.2130*330.2130
=-0.001

Current CPI (Mar. 2026) = 330.2130.

Emerging Towns & Cities Singapore Quarterly Data

per share eps CPI Adj_EPS
201509 -0.002 237.945 -0.003
201512 0.008 236.525 0.011
201603 -0.002 238.132 -0.003
201606 0.000 241.018 0.000
201609 0.001 241.428 0.001
201612 0.030 241.432 0.041
201703 0.001 243.801 0.001
201706 -0.003 244.955 -0.004
201709 0.001 246.819 0.001
201712 -0.002 246.524 -0.003
201803 0.000 249.554 0.000
201806 -0.001 251.989 -0.001
201809 0.000 252.439 0.000
201812 0.004 251.233 0.005
201903 0.000 254.202 0.000
201906 0.003 256.143 0.004
201909 0.000 256.759 0.000
201912 0.003 256.974 0.004
202006 0.000 257.797 0.000
202012 0.000 260.474 0.000
202106 0.000 271.696 0.000
202109 -0.002 274.310 -0.002
202112 -0.006 278.802 -0.007
202203 -0.004 287.504 -0.005
202206 -0.004 296.311 -0.004
202209 -0.004 296.808 -0.004
202212 -0.009 296.797 -0.010
202303 -0.002 301.836 -0.002
202306 -0.003 305.109 -0.003
202309 -0.005 307.789 -0.005
202312 -0.003 306.746 -0.003
202403 -0.002 312.332 -0.002
202406 -0.001 314.175 -0.001
202409 -0.067 315.301 -0.070
202412 0.012 315.605 0.013
202503 -0.003 319.799 -0.003
202506 0.001 322.561 0.001
202509 0.000 324.800 0.000
202512 0.001 324.054 0.001
202603 -0.001 330.213 -0.001

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 S$-0.01 mean?
Emerging Towns & Cities Singapore (SGX:1C0) has a E10 of S$-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 Emerging Towns & Cities Singapore and its competitors.
Is Emerging Towns & Cities Singapore's E10 too high?
Emerging Towns & Cities Singapore's current E10 is S$-0.01.
How does Emerging Towns & Cities Singapore's E10 compare to competitors?
Emerging Towns & Cities Singapore's E10 of S$-0.01 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Emerging Towns & Cities Singapore and its competitors. Emerging Towns & Cities Singapore's current E10 is S$-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerging Towns & Cities Singapore stock overvalued right now?
Based on GuruFocus' analysis, Emerging Towns & Cities Singapore (SGX:1C0) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.04, compared to a current price of S$0.02 — trading 62.5% below its estimated fair value. The current E10 is S$-0.01. 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 Emerging Towns & Cities Singapore (SGX:1C0), the current E10 is S$-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.

Emerging Towns & Cities Singapore Business Description

Address 10 Anson Road, No. 05-01, Singapore, SGP, 079903
Emerging Towns & Cities Singapore Ltd is a Singapore-based company. It operates in the following segments: Sale of goods segment, which relates to the sale of consumer products in the People's Republic of China; and Corporate segment comprises the corporate office in Singapore, which incurs general corporate expenses and the dormant or inactive entities in the Group. It generates the majority of its revenue from the Sale of goods segment.