Grandblue Environment Co (SHSE:600323) E10: ¥1.54 (As of Mar. 2026)


SHSE:600323 Grandblue Environment Co Ltd SHSE:600323
90 GF Score
Price ¥28.15
GF Value ¥27.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Grandblue Environment Co E10?

Grandblue Environment Co SHSE:600323 +1.99% 90 E10 is ¥1.54 as of Mar. 2026. GuruFocus rates SHSE:600323 with a GF Score™ of 90/100 and a GF Value™ of ¥27.43 (Fairly Valued). The stock has 6 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.

Grandblue Environment Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Grandblue Environment Co's average E10 Growth Rate was 15.80% per year. During the past 3 years, the average E10 Growth Rate was 13.20% per year. During the past 5 years, the average E10 Growth Rate was 13.00% per year. During the past 10 years, the average E10 Growth Rate was 12.30% 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 Grandblue Environment Co was 16.50% per year. The lowest was 8.20% per year. And the median was 11.50% per year.

As of today (2026-07-02), Grandblue Environment Co's current stock price is ¥28.15. Grandblue Environment Co's E10 for the quarter that ended in Mar. 2026 was ¥1.54. Grandblue Environment Co's Shiller PE Ratio of today is 18.28.

During the past 13 years, the highest Shiller PE Ratio of Grandblue Environment Co was 36.84. The lowest was 13.14. And the median was 22.42.


Grandblue Environment Co  (SHSE:600323) 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.

Grandblue Environment Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.15/1.54
=18.28

* 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 Grandblue Environment Co was 36.84. The lowest was 13.14. And the median was 22.42.


Be Aware

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


Grandblue Environment Co E10 Related Terms


Grandblue Environment Co E10 Historical Data

* Premium members only.

The historical data trend for Grandblue Environment 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.

Grandblue Environment Co E10 Chart

Grandblue Environment 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 0.91 1.02 1.14 1.28 1.48

Grandblue Environment 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 1.33 1.37 1.44 1.48 1.54

SHSE:600323 vs AWK, WTRG, AWR: E10 Comparison

For the Utilities - Regulated Water subindustry, Grandblue Environment 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.


Grandblue Environment Co Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grandblue Environment Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Grandblue Environment Co's Shiller PE Ratio falls into.


SHSE:600323
90GF Score
Grandblue Environment Co Ltd SHSE:600323
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grandblue Environment 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, Grandblue Environment 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)
=0.71/116.3033*116.3033
=0.710

Current CPI (Mar. 2026) = 116.3033.

Grandblue Environment Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.200 101.400 0.229
201609 0.223 102.400 0.253
201612 0.100 102.600 0.113
201703 0.170 103.200 0.192
201706 0.240 103.100 0.271
201709 0.302 104.100 0.337
201712 0.140 104.500 0.156
201803 0.400 105.300 0.442
201806 0.250 104.900 0.277
201809 0.320 106.600 0.349
201812 0.170 106.500 0.186
201903 0.250 107.700 0.270
201906 0.350 107.700 0.378
201909 0.360 109.800 0.381
201912 0.230 111.200 0.241
202003 0.180 112.300 0.186
202006 0.420 110.400 0.442
202009 0.390 111.700 0.406
202012 0.360 111.500 0.376
202103 0.310 112.662 0.320
202106 0.480 111.769 0.499
202109 0.350 112.215 0.363
202112 0.300 113.108 0.308
202203 0.200 114.335 0.203
202206 0.470 114.558 0.477
202209 0.390 115.339 0.393
202212 0.340 115.116 0.344
202303 0.380 115.116 0.384
202306 0.470 114.558 0.477
202309 0.580 115.339 0.585
202312 0.320 114.781 0.324
202403 0.470 115.227 0.474
202406 0.620 114.781 0.628
202409 0.610 115.785 0.613
202412 0.340 114.893 0.344
202503 0.520 115.116 0.525
202506 0.670 114.907 0.678
202509 0.780 115.471 0.786
202512 0.450 115.832 0.452
202603 0.710 116.303 0.710

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 ¥1.54 mean?
Grandblue Environment Co (SHSE:600323) has a E10 of ¥1.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grandblue Environment Co and its competitors.
Is Grandblue Environment Co's E10 too high?
Grandblue Environment Co's current E10 is ¥1.54. Overall, Grandblue Environment Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grandblue Environment Co's E10 compare to AWK and WTRG?
Grandblue Environment Co's E10 of ¥1.54 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Grandblue Environment Co and its competitors. Grandblue Environment Co's current E10 is ¥1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandblue Environment Co stock overvalued right now?
Based on GuruFocus' analysis, Grandblue Environment Co (SHSE:600323) is currently considered Fairly Valued. The stock's GF Value™ is ¥27.43, compared to a current price of ¥28.15 — trading 2.6% above its estimated fair value. The current E10 is ¥1.54. Grandblue Environment Co's overall GF Score™ is 90/100 with 6 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 Grandblue Environment Co (SHSE:600323), the current E10 is ¥1.54 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 Grandblue Environment Co (SHSE:600323) Overvalued in 2026?

Based on GuruFocus' analysis, Grandblue Environment Co stock appears to be overvalued. The current stock price of ¥28.15 is trading 2.6% above its estimated GF Value™ of ¥27.43. GuruFocus considers Grandblue Environment Co to be Fairly Valued.

Key valuation signals for SHSE:600323:

  • E10: ¥1.54
  • GF Value™: ¥27.43 vs. price of ¥28.15 (2.6% above fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grandblue Environment Co Business Description

Address Cailian Building, Nanhai Avenue, Guicheng, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Grandblue Environment Co Ltd is mainly engaged in urban water supply, sewage treatment, solid waste processing, and construction and operation of municipal infrastructure.
90GF Score

Get the complete analysis for SHSE:600323

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

¥28.15
Price
¥27.43
GF Value