Shanghai Shibei Hi-Tech Co (SHSE:600604) E10: ¥0.04 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600604 Shanghai Shibei Hi-Tech Co Ltd SHSE:600604
56 GF Score
Price ¥4.28
GF Value ¥4.12
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Shanghai Shibei Hi-Tech Co E10?

Shanghai Shibei Hi-Tech Co SHSE:600604 +2.15% 56 E10 is ¥0.04 as of Mar. 2026. GuruFocus rates SHSE:600604 with a GF Score™ of 56/100 and a GF Value™ of ¥4.12 (Fairly Valued). The stock has 8 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.

Shanghai Shibei Hi-Tech Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.041. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shanghai Shibei Hi-Tech Co's average E10 Growth Rate was -42.90% per year. During the past 3 years, the average E10 Growth Rate was -20.60% per year. During the past 5 years, the average E10 Growth Rate was -15.70% 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 Shanghai Shibei Hi-Tech Co was 115.40% per year. The lowest was -71.00% per year. And the median was 7.20% per year.

As of today (2026-07-14), Shanghai Shibei Hi-Tech Co's current stock price is ¥4.28. Shanghai Shibei Hi-Tech Co's E10 for the quarter that ended in Mar. 2026 was ¥0.04. Shanghai Shibei Hi-Tech Co's Shiller PE Ratio of today is 107.00.

During the past 13 years, the highest Shiller PE Ratio of Shanghai Shibei Hi-Tech Co was 1073.00. The lowest was 40.92. And the median was 72.71.


Shanghai Shibei Hi-Tech Co  (SHSE:600604) 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.

Shanghai Shibei Hi-Tech Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.28/0.04
=107.00

* 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 Shanghai Shibei Hi-Tech Co was 1073.00. The lowest was 40.92. And the median was 72.71.


Be Aware

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


Shanghai Shibei Hi-Tech Co E10 Related Terms


Shanghai Shibei Hi-Tech Co E10 Historical Data

* Premium members only.

The historical data trend for Shanghai Shibei Hi-Tech 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.

Shanghai Shibei Hi-Tech Co E10 Chart

Shanghai Shibei Hi-Tech 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 0.11 0.10 0.08 0.07 0.05

Shanghai Shibei Hi-Tech 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 0.07 0.07 0.07 0.05 0.04

SHSE:600604 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Shanghai Shibei Hi-Tech 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.


Shanghai Shibei Hi-Tech Co Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Shibei Hi-Tech Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Shibei Hi-Tech Co's Shiller PE Ratio falls into.


SHSE:600604
56GF Score
Shanghai Shibei Hi-Tech Co Ltd SHSE:600604
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Shibei Hi-Tech 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, Shanghai Shibei Hi-Tech 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)
=-0.041/116.3033*116.3033
=-0.041

Current CPI (Mar. 2026) = 116.3033.

Shanghai Shibei Hi-Tech Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.035 101.400 0.040
201609 0.057 102.400 0.065
201612 -0.015 102.600 -0.017
201703 -0.008 103.200 -0.009
201706 0.048 103.100 0.054
201709 0.007 104.100 0.008
201712 0.076 104.500 0.085
201803 0.001 105.300 0.001
201806 0.026 104.900 0.029
201809 0.004 106.600 0.004
201812 0.099 106.500 0.108
201903 0.006 107.700 0.006
201906 -0.003 107.700 -0.003
201909 0.008 109.800 0.008
201912 0.099 111.200 0.104
202003 0.088 112.300 0.091
202006 -0.037 110.400 -0.039
202009 -0.021 111.700 -0.022
202012 0.060 111.500 0.063
202103 -0.033 112.662 -0.034
202106 -0.008 111.769 -0.008
202109 -0.022 112.215 -0.023
202112 0.123 113.108 0.126
202203 0.041 114.335 0.042
202206 -0.039 114.558 -0.040
202209 0.000 115.339 0.000
202212 0.038 115.116 0.038
202303 -0.021 115.116 -0.021
202306 0.007 114.558 0.007
202309 -0.017 115.339 -0.017
202312 -0.059 114.781 -0.060
202403 -0.034 115.227 -0.034
202406 -0.036 114.781 -0.036
202409 0.020 115.785 0.020
202412 0.068 114.893 0.069
202503 -0.021 115.116 -0.021
202506 -0.059 114.907 -0.060
202509 -0.020 115.471 -0.020
202512 -0.070 115.832 -0.070
202603 -0.041 116.303 -0.041

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 ¥0.04 mean?
Shanghai Shibei Hi-Tech Co (SHSE:600604) has a E10 of ¥0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shanghai Shibei Hi-Tech Co and its competitors.
Is Shanghai Shibei Hi-Tech Co's E10 too high?
Shanghai Shibei Hi-Tech Co's current E10 is ¥0.04. Overall, Shanghai Shibei Hi-Tech Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Shibei Hi-Tech Co's E10 compare to CBRE and BEKE?
Shanghai Shibei Hi-Tech Co's E10 of ¥0.04 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Shanghai Shibei Hi-Tech Co and its competitors. Shanghai Shibei Hi-Tech Co's current E10 is ¥0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Shibei Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Shibei Hi-Tech Co (SHSE:600604) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.12, compared to a current price of ¥4.28 — trading 3.9% above its estimated fair value. The current E10 is ¥0.04. Shanghai Shibei Hi-Tech Co's overall GF Score™ is 56/100 with 8 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 Shanghai Shibei Hi-Tech Co (SHSE:600604), the current E10 is ¥0.04 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 Shanghai Shibei Hi-Tech Co (SHSE:600604) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Shibei Hi-Tech Co stock appears to be overvalued. The current stock price of ¥4.28 is trading 3.9% above its estimated GF Value™ of ¥4.12. GuruFocus considers Shanghai Shibei Hi-Tech Co to be Fairly Valued.

Key valuation signals for SHSE:600604:

  • E10: ¥0.04
  • GF Value™: ¥4.12 vs. price of ¥4.28 (3.9% above fair value)
  • GF Score™: 56/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Shibei Hi-Tech Co Business Description

Other Exchanges 900902:China
Address No. 286, Jiangchang Third Road, 2nd Floor, Shanghai, CHN, 200436
Shanghai Shibei Hi-Tech Co Ltd is engaged in the business of Industrial real estate development and operation, industrial investment incubation, and integrated industrial services.
56GF Score

Get the complete analysis for SHSE:600604

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

¥4.28
Price
¥4.12
GF Value