Minfeng Special Paper Co (SHSE:600235) E10: ¥0.09 (As of Mar. 2026)

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SHSE:600235 Minfeng Special Paper Co Ltd SHSE:600235
48 GF Score
Price ¥4.89
GF Value ¥4.98
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Minfeng Special Paper Co E10?

Minfeng Special Paper Co SHSE:600235 -2.40% 48 E10 is ¥0.09 as of Mar. 2026. GuruFocus rates SHSE:600235 with a GF Score™ of 48/100 and a GF Value™ of ¥4.98 (Fairly Valued). The stock has 8 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.

Minfeng Special Paper Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Minfeng Special Paper Co's average E10 Growth Rate was 125.00% per year. During the past 3 years, the average E10 Growth Rate was 108.00% 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 Minfeng Special Paper Co was 108.00% per year. The lowest was -47.70% per year. And the median was -16.40% per year.

As of today (2026-07-21), Minfeng Special Paper Co's current stock price is ¥4.89. Minfeng Special Paper Co's E10 for the quarter that ended in Mar. 2026 was ¥0.09. Minfeng Special Paper Co's Shiller PE Ratio of today is 54.33.

During the past 13 years, the highest Shiller PE Ratio of Minfeng Special Paper Co was 686.00. The lowest was 54.11. And the median was 151.14.


Minfeng Special Paper Co  (SHSE:600235) 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.

Minfeng Special Paper Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.89/0.09
=54.33

* 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 Minfeng Special Paper Co was 686.00. The lowest was 54.11. And the median was 151.14.


Be Aware

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


Minfeng Special Paper Co E10 Related Terms


Minfeng Special Paper Co E10 Historical Data

* Premium members only.

The historical data trend for Minfeng Special Paper 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.

Minfeng Special Paper Co E10 Chart

Minfeng Special Paper 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 0.01 0.01 0.02 0.04 0.09

Minfeng Special Paper 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 0.04 0.04 0.05 0.09 0.09

Minfeng Special Paper Co E10 Competitor Comparison

For the Paper & Paper Products subindustry, Minfeng Special Paper 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.


Minfeng Special Paper Co Shiller PE Ratio vs Forest Products Industry

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

* The bar in red indicates where Minfeng Special Paper Co's Shiller PE Ratio falls into.


SHSE:600235
48GF Score
Minfeng Special Paper Co Ltd SHSE:600235
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minfeng Special Paper 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, Minfeng Special Paper 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)
=-0.003/116.3033*116.3033
=-0.003

Current CPI (Mar. 2026) = 116.3033.

Minfeng Special Paper Co Quarterly Data

per share eps CPI Adj_EPS
201606 -0.001 101.400 -0.001
201609 0.020 102.400 0.023
201612 0.017 102.600 0.019
201703 0.020 103.200 0.023
201706 0.010 103.100 0.011
201709 0.015 104.100 0.017
201712 0.005 104.500 0.006
201803 0.019 105.300 0.021
201806 0.019 104.900 0.021
201809 0.016 106.600 0.017
201812 -0.024 106.500 -0.026
201903 0.005 107.700 0.005
201906 0.001 107.700 0.001
201909 0.010 109.800 0.011
201912 0.021 111.200 0.022
202003 0.022 112.300 0.023
202006 0.050 110.400 0.053
202009 0.060 111.700 0.062
202012 0.011 111.500 0.011
202103 0.044 112.662 0.045
202106 0.046 111.769 0.048
202109 0.067 112.215 0.069
202112 0.013 113.108 0.013
202203 0.045 114.335 0.046
202206 0.012 114.558 0.012
202209 -0.011 115.339 -0.011
202212 -0.006 115.116 -0.006
202303 0.010 115.116 0.010
202306 0.034 114.558 0.035
202309 0.034 115.339 0.034
202312 0.052 114.781 0.053
202403 0.092 115.227 0.093
202406 0.046 114.781 0.047
202409 0.036 115.785 0.036
202412 0.026 114.893 0.026
202503 0.015 115.116 0.015
202506 0.028 114.907 0.028
202509 0.010 115.471 0.010
202512 -0.003 115.832 -0.003
202603 -0.003 116.303 -0.003

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 ¥0.09 mean?
Minfeng Special Paper Co (SHSE:600235) has a E10 of ¥0.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Minfeng Special Paper Co and its competitors.
Is Minfeng Special Paper Co's E10 too high?
Minfeng Special Paper Co's current E10 is ¥0.09. Overall, Minfeng Special Paper Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minfeng Special Paper Co's E10 compare to competitors?
Minfeng Special Paper Co's E10 of ¥0.09 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 Minfeng Special Paper Co and its competitors. Minfeng Special Paper Co's current E10 is ¥0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minfeng Special Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Minfeng Special Paper Co (SHSE:600235) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.98, compared to a current price of ¥4.89 — trading 1.8% below its estimated fair value. The current E10 is ¥0.09. Minfeng Special Paper Co's overall GF Score™ is 48/100 with 8 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 Minfeng Special Paper Co (SHSE:600235), the current E10 is ¥0.09 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 Minfeng Special Paper Co (SHSE:600235) Overvalued in 2026?

Based on GuruFocus' analysis, Minfeng Special Paper Co stock appears to be undervalued. The current stock price of ¥4.89 is trading 1.8% below its estimated GF Value™ of ¥4.98. GuruFocus considers Minfeng Special Paper Co to be Fairly Valued.

Key valuation signals for SHSE:600235:

  • E10: ¥0.09
  • GF Value™: ¥4.98 vs. price of ¥4.89 (1.8% below fair value)
  • GF Score™: 48/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minfeng Special Paper Co Business Description

Address No. 70, Luli Street, Zhejiang Province, Jiaxing, CHN, 314000
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.
48GF Score

Get the complete analysis for SHSE:600235

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

¥4.89
Price
¥4.98
GF Value