Fujian Qingshan Paper Industry Co (SHSE:600103) E10: ¥0.06 (As of Mar. 2026)


SHSE:600103 Fujian Qingshan Paper Industry Co Ltd SHSE:600103
65 GF Score
Price ¥3.12
GF Value ¥2.08
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fujian Qingshan Paper Industry Co E10?

Fujian Qingshan Paper Industry Co SHSE:600103 +1.63% 65 E10 is ¥0.06 as of Mar. 2026. GuruFocus rates SHSE:600103 with a GF Score™ of 65/100 and a GF Value™ of ¥2.08 (Significantly Overvalued). The stock has 3 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.

Fujian Qingshan Paper Industry Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fujian Qingshan Paper Industry Co's average E10 Growth Rate was 20.00% per year. During the past 3 years, the average E10 Growth Rate was 14.50% 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 Fujian Qingshan Paper Industry Co was 37.00% per year. The lowest was -44.20% per year. And the median was -0.50% per year.

As of today (2026-07-01), Fujian Qingshan Paper Industry Co's current stock price is ¥3.12. Fujian Qingshan Paper Industry Co's E10 for the quarter that ended in Mar. 2026 was ¥0.06. Fujian Qingshan Paper Industry Co's Shiller PE Ratio of today is 52.00.

During the past 13 years, the highest Shiller PE Ratio of Fujian Qingshan Paper Industry Co was 257.00. The lowest was 41.40. And the median was 61.25.


Fujian Qingshan Paper Industry Co  (SHSE:600103) 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.

Fujian Qingshan Paper Industry Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.12/0.06
=52.00

* 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 Fujian Qingshan Paper Industry Co was 257.00. The lowest was 41.40. And the median was 61.25.


Be Aware

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


Fujian Qingshan Paper Industry Co E10 Related Terms


Fujian Qingshan Paper Industry Co E10 Historical Data

* Premium members only.

The historical data trend for Fujian Qingshan Paper Industry 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.

Fujian Qingshan Paper Industry Co E10 Chart

Fujian Qingshan Paper Industry 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 0.00 0.04 0.04 0.04 0.06

Fujian Qingshan Paper Industry 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 0.05 0.05 0.05 0.06 0.06

Fujian Qingshan Paper Industry Co E10 Competitor Comparison

For the Paper & Paper Products subindustry, Fujian Qingshan Paper Industry 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.


Fujian Qingshan Paper Industry Co Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fujian Qingshan Paper Industry Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fujian Qingshan Paper Industry Co's Shiller PE Ratio falls into.


SHSE:600103
65GF Score
Fujian Qingshan Paper Industry Co Ltd SHSE:600103
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Qingshan Paper Industry 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, Fujian Qingshan Paper Industry 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)
=0.007/116.3033*116.3033
=0.007

Current CPI (Mar. 2026) = 116.3033.

Fujian Qingshan Paper Industry Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.019 101.400 0.022
201609 0.024 102.400 0.027
201612 0.002 102.600 0.002
201703 0.010 103.200 0.011
201706 0.018 103.100 0.020
201709 0.016 104.100 0.018
201712 0.002 104.500 0.002
201803 0.022 105.300 0.024
201806 0.033 104.900 0.037
201809 0.020 106.600 0.022
201812 -0.008 106.500 -0.009
201903 0.024 107.700 0.026
201906 0.017 107.700 0.018
201909 0.009 109.800 0.010
201912 0.006 111.200 0.006
202003 -0.008 112.300 -0.008
202006 0.001 110.400 0.001
202009 0.003 111.700 0.003
202012 0.036 111.500 0.038
202103 0.027 112.662 0.028
202106 0.023 111.769 0.024
202109 0.019 112.215 0.020
202112 0.017 113.108 0.017
202203 0.029 114.335 0.029
202206 0.029 114.558 0.029
202209 0.021 115.339 0.021
202212 0.014 115.116 0.014
202303 0.027 115.116 0.027
202306 0.008 114.558 0.008
202309 0.006 115.339 0.006
202312 0.014 114.781 0.014
202403 0.010 115.227 0.010
202406 0.015 114.781 0.015
202409 0.014 115.785 0.014
202412 -0.001 114.893 -0.001
202503 0.014 115.116 0.014
202506 0.011 114.907 0.011
202509 0.004 115.471 0.004
202512 -0.005 115.832 -0.005
202603 0.007 116.303 0.007

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 ¥0.06 mean?
Fujian Qingshan Paper Industry Co (SHSE:600103) has a E10 of ¥0.06 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fujian Qingshan Paper Industry Co and its competitors.
Is Fujian Qingshan Paper Industry Co's E10 too high?
Fujian Qingshan Paper Industry Co's current E10 is ¥0.06. Overall, Fujian Qingshan Paper Industry Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Qingshan Paper Industry Co's E10 compare to competitors?
Fujian Qingshan Paper Industry Co's E10 of ¥0.06 can be compared against companies in the Forest Products 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 Forest Products company?
A good E10 depends on the Forest Products 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 Fujian Qingshan Paper Industry Co and its competitors. Fujian Qingshan Paper Industry Co's current E10 is ¥0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Qingshan Paper Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co (SHSE:600103) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.08, compared to a current price of ¥3.12 — trading 50% above its estimated fair value. The current E10 is ¥0.06. Fujian Qingshan Paper Industry Co's overall GF Score™ is 65/100 with 3 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 Fujian Qingshan Paper Industry Co (SHSE:600103), the current E10 is ¥0.06 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 Fujian Qingshan Paper Industry Co (SHSE:600103) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co stock appears to be overvalued. The current stock price of ¥3.12 is trading 50% above its estimated GF Value™ of ¥2.08. GuruFocus considers Fujian Qingshan Paper Industry Co to be Significantly Overvalued.

Key valuation signals for SHSE:600103:

  • E10: ¥0.06
  • GF Value™: ¥2.08 vs. price of ¥3.12 (50% above fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Qingshan Paper Industry Co Business Description

Address No. 1 Qingshan Road, Qingshan Paper Industry, Qingzhou Town, Shaxian County, Fujian Province, Sanming, CHN, 365056
Fujian Qingshan Paper Industry Co Ltd is a China-based company engaged in the production and sales of paper products. Its principal products cover paper bags, pulp board, paperboard and corrugated paper products, paper products, optoelectronic products and forest products. The company distributes its products in domestic and overseas markets.
65GF Score

Get the complete analysis for SHSE:600103

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

¥3.12
Price
¥2.08
GF Value