Fushun Special Steel Co (SHSE:600399) E10: ¥0.17 (As of Mar. 2026)


SHSE:600399 Fushun Special Steel Co Ltd SHSE:600399
45 GF Score
Price ¥4.24
GF Value ¥6.48
Valuation Possible Value Trap
! 9 Warning Signs
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What is Fushun Special Steel Co E10?

Fushun Special Steel Co SHSE:600399 +0.71% 45 E10 is ¥0.17 as of Mar. 2026. GuruFocus rates SHSE:600399 with a GF Score™ of 45/100 and a GF Value™ of ¥6.48 (Possible Value Trap). The stock has 9 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.

Fushun Special Steel Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.075. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fushun Special Steel Co's average E10 Growth Rate was -26.10% per year. During the past 3 years, the average E10 Growth Rate was -6.50% per year. During the past 5 years, the average E10 Growth Rate was 2.20% 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 Fushun Special Steel Co was 51.80% per year. The lowest was -6.50% per year. And the median was 16.30% per year.

As of today (2026-07-05), Fushun Special Steel Co's current stock price is ¥4.24. Fushun Special Steel Co's E10 for the quarter that ended in Mar. 2026 was ¥0.17. Fushun Special Steel Co's Shiller PE Ratio of today is 24.94.

During the past 13 years, the highest Shiller PE Ratio of Fushun Special Steel Co was 200.75. The lowest was 18.77. And the median was 42.36.


Fushun Special Steel Co  (SHSE:600399) 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.

Fushun Special Steel Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.24/0.17
=24.94

* 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 Fushun Special Steel Co was 200.75. The lowest was 18.77. And the median was 42.36.


Be Aware

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


Fushun Special Steel Co E10 Related Terms


Fushun Special Steel Co E10 Historical Data

* Premium members only.

The historical data trend for Fushun Special Steel 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.

Fushun Special Steel Co E10 Chart

Fushun Special Steel 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 0.21 0.22 0.24 0.24 0.18

Fushun Special Steel 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 0.23 0.21 0.19 0.18 0.17

SHSE:600399 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Fushun Special Steel 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.


Fushun Special Steel Co Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Fushun Special Steel Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:600399
45GF Score
Fushun Special Steel Co Ltd SHSE:600399
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fushun Special Steel 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, Fushun Special Steel 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)
=-0.075/116.3000*116.3000
=-0.075

Current CPI (Mar. 2026) = 116.3000.

Fushun Special Steel Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.042 101.400 0.048
201609 0.022 102.400 0.025
201612 -0.132 102.600 -0.150
201703 0.020 103.200 0.023
201706 0.025 103.100 0.028
201709 0.006 104.100 0.007
201712 -1.082 104.500 -1.204
201803 -0.017 105.300 -0.019
201806 -0.036 104.900 -0.040
201809 -0.044 106.600 -0.048
201812 2.107 106.500 2.301
201903 0.026 107.700 0.028
201906 0.038 107.700 0.041
201909 0.025 109.800 0.026
201912 0.062 111.200 0.065
202003 0.041 112.300 0.042
202006 0.052 110.400 0.055
202009 0.112 111.700 0.117
202012 0.075 111.500 0.078
202103 0.088 112.662 0.091
202106 0.132 111.769 0.137
202109 0.127 112.215 0.132
202112 0.053 113.108 0.054
202203 0.043 114.335 0.044
202206 0.047 114.558 0.048
202209 0.062 115.339 0.063
202212 -0.052 115.116 -0.053
202303 0.031 115.116 0.031
202306 0.049 114.558 0.050
202309 0.064 115.339 0.065
202312 0.037 114.781 0.037
202403 0.058 115.227 0.059
202406 0.058 114.781 0.059
202409 0.045 115.785 0.045
202412 -0.100 114.893 -0.101
202503 -0.064 115.116 -0.065
202506 -0.078 114.907 -0.079
202509 -0.139 115.470 -0.140
202512 -0.130 115.830 -0.131
202603 -0.075 116.300 -0.075

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 ¥0.17 mean?
Fushun Special Steel Co (SHSE:600399) has a E10 of ¥0.17 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fushun Special Steel Co and its competitors.
Is Fushun Special Steel Co's E10 too high?
Fushun Special Steel Co's current E10 is ¥0.17. Overall, Fushun Special Steel Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fushun Special Steel Co's E10 compare to NUE and STLD?
Fushun Special Steel Co's E10 of ¥0.17 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Fushun Special Steel Co and its competitors. Fushun Special Steel Co's current E10 is ¥0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fushun Special Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Fushun Special Steel Co (SHSE:600399) is currently considered Possible Value Trap. The stock's GF Value™ is ¥6.48, compared to a current price of ¥4.24 — trading 34.6% below its estimated fair value. The current E10 is ¥0.17. Fushun Special Steel Co's overall GF Score™ is 45/100 with 9 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 Fushun Special Steel Co (SHSE:600399), the current E10 is ¥0.17 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 Fushun Special Steel Co (SHSE:600399) Overvalued in 2026?

Based on GuruFocus' analysis, Fushun Special Steel Co stock appears to be undervalued. The current stock price of ¥4.24 is trading 34.6% below its estimated GF Value™ of ¥6.48. GuruFocus considers Fushun Special Steel Co to be Possible Value Trap.

Key valuation signals for SHSE:600399:

  • E10: ¥0.17
  • GF Value™: ¥6.48 vs. price of ¥4.24 (34.6% below fair value)
  • GF Score™: 45/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fushun Special Steel Co Business Description

Address No. 8 Anshan Road, East Section, Wanghua District, Fushun, Liaoning, CHN, 113001
Fushun Special Steel Co Ltd is a China-based company engaged in the smelting and processing of special steel products and its materials. Its products include special alloys, tool steel, high strength steel, high-temperature, and corrosion-resistant alloys, titanium, and alloy structural steel. Its products are used in the aviation, aerospace, marine, nuclear, petroleum, chemical, electronics, machinery and other fields.
45GF Score

Get the complete analysis for SHSE:600399

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

¥4.24
Price
¥6.48
GF Value