Henan Pinggao Electric Co (SHSE:600312) E10: ¥0.47 (As of Mar. 2026)


SHSE:600312 Henan Pinggao Electric Co Ltd SHSE:600312
87 GF Score
Price ¥16.97
GF Value ¥16.93
Valuation Fairly Valued
! 1 Warning Sign
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What is Henan Pinggao Electric Co E10?

Henan Pinggao Electric Co SHSE:600312 -3.80% 87 E10 is ¥0.47 as of Mar. 2026. GuruFocus rates SHSE:600312 with a GF Score™ of 87/100 and a GF Value™ of ¥16.93 (Fairly Valued). The stock has 1 warning sign 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.

Henan Pinggao Electric Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.306. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.47 for the trailing ten years ended in Mar. 2026.

During the past 5 years, the average E10 Growth Rate was 0.70% per year. During the past 10 years, the average E10 Growth Rate was 2.50% 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 Henan Pinggao Electric Co was 28.70% per year. The lowest was 0.00% per year. And the median was 2.50% per year.

As of today (2026-07-07), Henan Pinggao Electric Co's current stock price is ¥16.97. Henan Pinggao Electric Co's E10 for the quarter that ended in Mar. 2026 was ¥0.47. Henan Pinggao Electric Co's Shiller PE Ratio of today is 36.11.

During the past 13 years, the highest Shiller PE Ratio of Henan Pinggao Electric Co was 55.60. The lowest was 12.53. And the median was 21.93.


Henan Pinggao Electric Co  (SHSE:600312) 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.

Henan Pinggao Electric Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.97/0.47
=36.11

* 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 Henan Pinggao Electric Co was 55.60. The lowest was 12.53. And the median was 21.93.


Be Aware

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


Henan Pinggao Electric Co E10 Related Terms


Henan Pinggao Electric Co E10 Historical Data

* Premium members only.

The historical data trend for Henan Pinggao Electric 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.

Henan Pinggao Electric Co E10 Chart

Henan Pinggao Electric 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 0.44 0.45 0.45 0.44 0.45

Henan Pinggao Electric 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 0.47 0.46 0.47 0.45 0.47

SHSE:600312 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Henan Pinggao Electric 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.


Henan Pinggao Electric Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Henan Pinggao Electric Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Henan Pinggao Electric Co's Shiller PE Ratio falls into.


SHSE:600312
87GF Score
Henan Pinggao Electric Co Ltd SHSE:600312
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Henan Pinggao Electric 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, Henan Pinggao Electric 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)
=0.306/116.3033*116.3033
=0.306

Current CPI (Mar. 2026) = 116.3033.

Henan Pinggao Electric Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.330 101.400 0.379
201609 0.274 102.400 0.311
201612 0.241 102.600 0.273
201703 0.080 103.200 0.090
201706 0.178 103.100 0.201
201709 0.083 104.100 0.093
201712 0.124 104.500 0.138
201803 -0.020 105.300 -0.022
201806 -0.080 104.900 -0.089
201809 0.098 106.600 0.107
201812 0.209 106.500 0.228
201903 0.020 107.700 0.022
201906 0.020 107.700 0.022
201909 0.047 109.800 0.050
201912 0.082 111.200 0.086
202003 0.020 112.300 0.021
202006 0.020 110.400 0.021
202009 0.045 111.700 0.047
202012 0.008 111.500 0.008
202103 -0.028 112.662 -0.029
202106 0.068 111.769 0.071
202109 0.036 112.215 0.037
202112 -0.025 113.108 -0.026
202203 0.030 114.335 0.031
202206 0.061 114.558 0.062
202209 0.041 115.339 0.041
202212 0.025 115.116 0.025
202303 0.111 115.116 0.112
202306 0.135 114.558 0.137
202309 0.161 115.339 0.162
202312 0.194 114.781 0.197
202403 0.169 115.227 0.171
202406 0.224 114.781 0.227
202409 0.238 115.785 0.239
202412 0.122 114.893 0.123
202503 0.264 115.116 0.267
202506 0.226 114.907 0.229
202509 0.234 115.471 0.236
202512 0.101 115.832 0.101
202603 0.306 116.303 0.306

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 ¥0.47 mean?
Henan Pinggao Electric Co (SHSE:600312) has a E10 of ¥0.47 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Henan Pinggao Electric Co and its competitors.
Is Henan Pinggao Electric Co's E10 too high?
Henan Pinggao Electric Co's current E10 is ¥0.47. Overall, Henan Pinggao Electric Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henan Pinggao Electric Co's E10 compare to VRT and BE?
Henan Pinggao Electric Co's E10 of ¥0.47 can be compared against companies in the Industrial 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 an Industrial Products company?
A good E10 depends on the Industrial 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 Henan Pinggao Electric Co and its competitors. Henan Pinggao Electric Co's current E10 is ¥0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Pinggao Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Pinggao Electric Co (SHSE:600312) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.93, compared to a current price of ¥16.97 — trading 0.2% above its estimated fair value. The current E10 is ¥0.47. Henan Pinggao Electric Co's overall GF Score™ is 87/100 with 1 warning sign 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 Henan Pinggao Electric Co (SHSE:600312), the current E10 is ¥0.47 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 Henan Pinggao Electric Co (SHSE:600312) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Pinggao Electric Co stock appears to be overvalued. The current stock price of ¥16.97 is trading 0.2% above its estimated GF Value™ of ¥16.93. GuruFocus considers Henan Pinggao Electric Co to be Fairly Valued.

Key valuation signals for SHSE:600312:

  • E10: ¥0.47
  • GF Value™: ¥16.93 vs. price of ¥16.97 (0.2% above fair value)
  • GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the SHSE:600312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Pinggao Electric Co Business Description

Address No. 22 Nanhuan East Road, Henan Province, Pingtingshan, Henan, CHN, 467001
Henan Pinggao Electric Co Ltd is engaged in the manufacture of high and ultrahigh voltage switchgear. The company's products include 40.5~550 kV high voltage SF6 open circuit breakers, and 72.5~550 kV SF6 gas-insulated metal-enclosed switchgear.
87GF Score

Get the complete analysis for SHSE:600312

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

¥16.97
Price
¥16.93
GF Value