Heilongjiang Agriculture Co (SHSE:600598) E10: ¥0.58 (As of Mar. 2026)

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SHSE:600598 Heilongjiang Agriculture Co Ltd SHSE:600598
70 GF Score
Price ¥12.20
GF Value ¥14.97
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Heilongjiang Agriculture Co E10?

Heilongjiang Agriculture Co SHSE:600598 +2.09% 70 E10 is ¥0.58 as of Mar. 2026. GuruFocus rates SHSE:600598 with a GF Score™ of 70/100 and a GF Value™ of ¥14.97 (Modestly Undervalued). 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.

Heilongjiang Agriculture Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.327. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Heilongjiang Agriculture Co's average E10 Growth Rate was 5.50% per year. During the past 3 years, the average E10 Growth Rate was 8.60% per year. During the past 5 years, the average E10 Growth Rate was 11.30% per year. During the past 10 years, the average E10 Growth Rate was 9.40% 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 Heilongjiang Agriculture Co was 15.20% per year. The lowest was -6.60% per year. And the median was 6.00% per year.

As of today (2026-07-29), Heilongjiang Agriculture Co's current stock price is ¥12.20. Heilongjiang Agriculture Co's E10 for the quarter that ended in Mar. 2026 was ¥0.58. Heilongjiang Agriculture Co's Shiller PE Ratio of today is 21.03.

During the past 13 years, the highest Shiller PE Ratio of Heilongjiang Agriculture Co was 62.26. The lowest was 18.60. And the median was 34.61.


Heilongjiang Agriculture Co  (SHSE:600598) 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.

Heilongjiang Agriculture Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.20/0.58
=21.03

* 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 Heilongjiang Agriculture Co was 62.26. The lowest was 18.60. And the median was 34.61.


Be Aware

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


Heilongjiang Agriculture Co E10 Related Terms


Heilongjiang Agriculture Co E10 Historical Data

* Premium members only.

The historical data trend for Heilongjiang Agriculture 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.

Heilongjiang Agriculture Co E10 Chart

Heilongjiang Agriculture 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 0.36 0.43 0.52 0.53 0.55

Heilongjiang Agriculture 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 0.55 0.54 0.55 0.55 0.58

SHSE:600598 vs ADM, BG, TSN: E10 Comparison

For the Farm Products subindustry, Heilongjiang Agriculture 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.


Heilongjiang Agriculture Co Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Heilongjiang Agriculture Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:600598
70GF Score
Heilongjiang Agriculture Co Ltd SHSE:600598
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heilongjiang Agriculture 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, Heilongjiang Agriculture 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)
=0.327/116.3033*116.3033
=0.327

Current CPI (Mar. 2026) = 116.3033.

Heilongjiang Agriculture Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.285 101.400 0.327
201609 0.115 102.400 0.131
201612 -0.034 102.600 -0.039
201703 0.137 103.200 0.154
201706 0.158 103.100 0.178
201709 0.133 104.100 0.149
201712 0.011 104.500 0.012
201803 0.162 105.300 0.179
201806 0.242 104.900 0.268
201809 0.144 106.600 0.157
201812 0.001 106.500 0.001
201903 0.153 107.700 0.165
201906 0.243 107.700 0.262
201909 0.151 109.800 0.160
201912 -0.070 111.200 -0.073
202003 0.212 112.300 0.220
202006 0.235 110.400 0.248
202009 0.137 111.700 0.143
202012 -0.027 111.500 -0.028
202103 0.211 112.662 0.218
202106 0.222 111.769 0.231
202109 0.046 112.215 0.048
202112 -0.046 113.108 -0.047
202203 0.248 114.335 0.252
202206 0.276 114.558 0.280
202209 0.201 115.339 0.203
202212 -0.176 115.116 -0.178
202303 0.301 115.116 0.304
202306 0.239 114.558 0.243
202309 0.188 115.339 0.190
202312 -0.130 114.781 -0.132
202403 0.312 115.227 0.315
202406 0.241 114.781 0.244
202409 0.205 115.785 0.206
202412 -0.146 114.893 -0.148
202503 0.303 115.116 0.306
202506 0.251 114.907 0.254
202509 0.209 115.471 0.211
202512 -0.107 115.832 -0.107
202603 0.327 116.303 0.327

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 ¥0.58 mean?
Heilongjiang Agriculture Co (SHSE:600598) has a E10 of ¥0.58 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Heilongjiang Agriculture Co and its competitors.
Is Heilongjiang Agriculture Co's E10 too high?
Heilongjiang Agriculture Co's current E10 is ¥0.58. Overall, Heilongjiang Agriculture Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Agriculture Co's E10 compare to ADM and BG?
Heilongjiang Agriculture Co's E10 of ¥0.58 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Heilongjiang Agriculture Co and its competitors. Heilongjiang Agriculture Co's current E10 is ¥0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Agriculture Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Agriculture Co (SHSE:600598) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.97, compared to a current price of ¥12.20 — trading 18.5% below its estimated fair value. The current E10 is ¥0.58. Heilongjiang Agriculture Co's overall GF Score™ is 70/100 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 Heilongjiang Agriculture Co (SHSE:600598), the current E10 is ¥0.58 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 Heilongjiang Agriculture Co (SHSE:600598) Overvalued in 2026?

Based on GuruFocus' analysis, Heilongjiang Agriculture Co stock appears to be undervalued. The current stock price of ¥12.20 is trading 18.5% below its estimated GF Value™ of ¥14.97. GuruFocus considers Heilongjiang Agriculture Co to be Modestly Undervalued.

Key valuation signals for SHSE:600598:

  • E10: ¥0.58
  • GF Value™: ¥14.97 vs. price of ¥12.20 (18.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heilongjiang Agriculture Co Business Description

Address No. 263, Hanshui Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150090
Heilongjiang Agriculture Co Ltd is an agricultural company. It is engaged in the contracting and operating of cultivated land; production and sale of food crops such as rice and corn; technology, information, and services related to crop production; retail of fertilizers (only branches can operate these businesses); and real estate development and sales.
70GF Score

Get the complete analysis for SHSE:600598

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

¥12.20
Price
¥14.97
GF Value