Henan Dayou Energy Co (SHSE:600403) E10: ¥-0.10 (As of Mar. 2026)


SHSE:600403 Henan Dayou Energy Co Ltd SHSE:600403
36 GF Score
Price ¥5.57
GF Value ¥2.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Henan Dayou Energy Co E10?

Henan Dayou Energy Co SHSE:600403 +1.46% 36 E10 is ¥-0.10 as of Mar. 2026. GuruFocus rates SHSE:600403 with a GF Score™ of 36/100 and a GF Value™ of ¥2.38 (Significantly Overvalued). 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.

Henan Dayou Energy Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.154. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.10 for the trailing ten years ended in Mar. 2026.

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 Dayou Energy Co was 5.10% per year. The lowest was -44.30% per year. And the median was -10.50% per year.

As of today (2026-06-29), Henan Dayou Energy Co's current stock price is ¥5.57. Henan Dayou Energy Co's E10 for the quarter that ended in Mar. 2026 was ¥-0.10. Henan Dayou Energy Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Henan Dayou Energy Co was 435.00. The lowest was 11.90. And the median was 19.56.


Henan Dayou Energy Co  (SHSE:600403) 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.

During the past 13 years, the highest Shiller P/E Ratio of Henan Dayou Energy Co was 435.00. The lowest was 11.90. And the median was 19.56.


Be Aware

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


Henan Dayou Energy Co E10 Related Terms


Henan Dayou Energy Co E10 Historical Data

* Premium members only.

The historical data trend for Henan Dayou Energy 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 Dayou Energy Co E10 Chart

Henan Dayou Energy 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 0.07 0.05 -0.03 -0.08 -0.11

Henan Dayou Energy 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 -0.09 -0.11 -0.10 -0.11 -0.10

Henan Dayou Energy Co E10 Competitor Comparison

For the Thermal Coal subindustry, Henan Dayou Energy 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 Dayou Energy Co Shiller PE Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Henan Dayou Energy Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:600403
36GF Score
Henan Dayou Energy Co Ltd SHSE:600403
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Dayou Energy 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 Dayou Energy 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)
=-0.154/116.3033*116.3033
=-0.154

Current CPI (Mar. 2026) = 116.3033.

Henan Dayou Energy Co Quarterly Data

per share eps CPI Adj_EPS
201606 -0.204 101.400 -0.234
201609 -0.137 102.400 -0.156
201612 -0.282 102.600 -0.320
201703 0.060 103.200 0.068
201706 0.061 103.100 0.069
201709 0.052 104.100 0.058
201712 0.028 104.500 0.031
201803 0.120 105.300 0.133
201806 0.068 104.900 0.075
201809 0.094 106.600 0.103
201812 -0.009 106.500 -0.010
201903 0.060 107.700 0.065
201906 -0.014 107.700 -0.015
201909 0.018 109.800 0.019
201912 -0.034 111.200 -0.036
202003 0.012 112.300 0.012
202006 0.029 110.400 0.031
202009 0.014 111.700 0.015
202012 -0.448 111.500 -0.467
202103 0.055 112.662 0.057
202106 0.042 111.769 0.044
202109 0.134 112.215 0.139
202112 0.310 113.108 0.319
202203 0.101 114.335 0.103
202206 0.243 114.558 0.247
202209 0.226 115.339 0.228
202212 0.080 115.116 0.081
202303 0.132 115.116 0.133
202306 -0.042 114.558 -0.043
202309 -0.007 115.339 -0.007
202312 -0.285 114.781 -0.289
202403 -0.113 115.227 -0.114
202406 -0.087 114.781 -0.088
202409 -0.129 115.785 -0.130
202412 -0.128 114.893 -0.130
202503 -0.129 115.116 -0.130
202506 -0.227 114.907 -0.230
202509 -0.113 115.471 -0.114
202512 -0.374 115.832 -0.376
202603 -0.154 116.303 -0.154

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 ¥-0.10 mean?
Henan Dayou Energy Co (SHSE:600403) has a E10 of ¥-0.10 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Henan Dayou Energy Co and its competitors.
Is Henan Dayou Energy Co's E10 too high?
Henan Dayou Energy Co's current E10 is ¥-0.10. Overall, Henan Dayou Energy Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Henan Dayou Energy Co's E10 compare to competitors?
Henan Dayou Energy Co's E10 of ¥-0.10 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good E10 depends on the Other Energy Sources 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 Dayou Energy Co and its competitors. Henan Dayou Energy Co's current E10 is ¥-0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Dayou Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Dayou Energy Co (SHSE:600403) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.38, compared to a current price of ¥5.57 — trading 134% above its estimated fair value. The current E10 is ¥-0.10. Henan Dayou Energy Co's overall GF Score™ is 36/100 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 Henan Dayou Energy Co (SHSE:600403), the current E10 is ¥-0.10 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 Dayou Energy Co (SHSE:600403) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Dayou Energy Co stock appears to be overvalued. The current stock price of ¥5.57 is trading 134% above its estimated GF Value™ of ¥2.38. GuruFocus considers Henan Dayou Energy Co to be Significantly Overvalued.

Key valuation signals for SHSE:600403:

  • E10: ¥-0.10
  • GF Value™: ¥2.38 vs. price of ¥5.57 (134% above fair value)
  • GF Score™: 36/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Dayou Energy Co Business Description

Address No. 9 Shanghai Road, Water Logistics Service Center, 6th Floor, Jiangsu, Nanjing, CHN, 210061
Henan Dayou Energy Co Ltd produces high-quality kennel coal, coking coal, meagre coal, clean coal, which are widely used in various industries, such as power generation, gasification, industrial boilers, coking, building materials in China.
36GF Score

Get the complete analysis for SHSE:600403

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

¥5.57
Price
¥2.38
GF Value