Ningxia Buliding Materials Group Co (SHSE:600449) E10: ¥1.03 (As of Mar. 2026)

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SHSE:600449 Ningxia Buliding Materials Group Co Ltd SHSE:600449
64 GF Score
Price ¥11.83
GF Value ¥7.34
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ningxia Buliding Materials Group Co E10?

Ningxia Buliding Materials Group Co SHSE:600449 -0.08% 64 E10 is ¥1.03 as of Mar. 2026. GuruFocus rates SHSE:600449 with a GF Score™ of 64/100 and a GF Value™ of ¥7.34 (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.

Ningxia Buliding Materials Group Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ningxia Buliding Materials Group Co's average E10 Growth Rate was 2.00% per year. During the past 3 years, the average E10 Growth Rate was -0.30% per year. During the past 5 years, the average E10 Growth Rate was 3.10% 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 Ningxia Buliding Materials Group Co was 5.90% per year. The lowest was -0.30% per year. And the median was 3.30% per year.

As of today (2026-07-28), Ningxia Buliding Materials Group Co's current stock price is ¥11.83. Ningxia Buliding Materials Group Co's E10 for the quarter that ended in Mar. 2026 was ¥1.03. Ningxia Buliding Materials Group Co's Shiller PE Ratio of today is 11.49.

During the past 13 years, the highest Shiller PE Ratio of Ningxia Buliding Materials Group Co was 21.79. The lowest was 8.88. And the median was 13.50.


Ningxia Buliding Materials Group Co  (SHSE:600449) 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.

Ningxia Buliding Materials Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.83/1.03
=11.49

* 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 Ningxia Buliding Materials Group Co was 21.79. The lowest was 8.88. And the median was 13.50.


Be Aware

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


Ningxia Buliding Materials Group Co E10 Related Terms


Ningxia Buliding Materials Group Co E10 Historical Data

* Premium members only.

The historical data trend for Ningxia Buliding Materials Group 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.

Ningxia Buliding Materials Group Co E10 Chart

Ningxia Buliding Materials Group 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 0.89 1.02 1.01 0.99 1.01

Ningxia Buliding Materials Group 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 1.01 1.02 1.04 1.01 1.03

SHSE:600449 vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Ningxia Buliding Materials Group 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.


Ningxia Buliding Materials Group Co Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ningxia Buliding Materials Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ningxia Buliding Materials Group Co's Shiller PE Ratio falls into.


SHSE:600449
64GF Score
Ningxia Buliding Materials Group Co Ltd SHSE:600449
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningxia Buliding Materials Group 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, Ningxia Buliding Materials Group 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)
=-0.01/116.3033*116.3033
=-0.010

Current CPI (Mar. 2026) = 116.3033.

Ningxia Buliding Materials Group Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.100 101.400 0.115
201609 0.270 102.400 0.307
201612 -0.070 102.600 -0.079
201703 -0.120 103.200 -0.135
201706 0.360 103.100 0.406
201709 0.360 104.100 0.402
201712 0.110 104.500 0.122
201803 -0.180 105.300 -0.199
201806 0.480 104.900 0.532
201809 0.430 106.600 0.469
201812 0.170 106.500 0.186
201903 -0.120 107.700 -0.130
201906 0.690 107.700 0.745
201909 0.700 109.800 0.741
201912 0.340 111.200 0.356
202003 -0.036 112.300 -0.037
202006 0.926 110.400 0.976
202009 0.830 111.700 0.864
202012 0.300 111.500 0.313
202103 0.004 112.662 0.004
202106 0.806 111.769 0.839
202109 0.640 112.215 0.663
202112 0.230 113.108 0.236
202203 0.030 114.335 0.031
202206 0.770 114.558 0.782
202209 0.450 115.339 0.454
202212 -0.140 115.116 -0.141
202303 0.010 115.116 0.010
202306 0.303 114.558 0.308
202309 0.290 115.339 0.292
202312 0.010 114.781 0.010
202403 -0.030 115.227 -0.030
202406 0.140 114.781 0.142
202409 0.250 115.785 0.251
202412 0.140 114.893 0.142
202503 -0.020 115.116 -0.020
202506 0.240 114.907 0.243
202509 0.240 115.471 0.242
202512 -0.080 115.832 -0.080
202603 -0.010 116.303 -0.010

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 ¥1.03 mean?
Ningxia Buliding Materials Group Co (SHSE:600449) has a E10 of ¥1.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ningxia Buliding Materials Group Co and its competitors.
Is Ningxia Buliding Materials Group Co's E10 too high?
Ningxia Buliding Materials Group Co's current E10 is ¥1.03. Overall, Ningxia Buliding Materials Group Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Buliding Materials Group Co's E10 compare to CRH and VMC?
Ningxia Buliding Materials Group Co's E10 of ¥1.03 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Ningxia Buliding Materials Group Co and its competitors. Ningxia Buliding Materials Group Co's current E10 is ¥1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Buliding Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Buliding Materials Group Co (SHSE:600449) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.34, compared to a current price of ¥11.83 — trading 61.2% above its estimated fair value. The current E10 is ¥1.03. Ningxia Buliding Materials Group Co's overall GF Score™ is 64/100 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 Ningxia Buliding Materials Group Co (SHSE:600449), the current E10 is ¥1.03 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 Ningxia Buliding Materials Group Co (SHSE:600449) Overvalued in 2026?

Based on GuruFocus' analysis, Ningxia Buliding Materials Group Co stock appears to be overvalued. The current stock price of ¥11.83 is trading 61.2% above its estimated GF Value™ of ¥7.34. GuruFocus considers Ningxia Buliding Materials Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600449:

  • E10: ¥1.03
  • GF Value™: ¥7.34 vs. price of ¥11.83 (61.2% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningxia Buliding Materials Group Co Business Description

Address 2 kilometers from Xinxiao Line, Ningxia Hui Autonomous Region, Xixia District, Yinchuan, CHN, 750021
Ningxia Buliding Materials Group Co Ltd is engaged in research and development, production, sales, technical services and management services of cement, cement products, cement clinker, commercial concrete and related products. The company also engaged in import and export business of building materials products and related technology import and export business Production and sales of fly ash.
64GF Score

Get the complete analysis for SHSE:600449

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

¥11.83
Price
¥7.34
GF Value