Tande Co (SHSE:600665) E10: ¥-0.04 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600665 Tande Co Ltd SHSE:600665
55 GF Score
Price ¥2.67
GF Value ¥2.59
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Tande Co E10?

Tande Co SHSE:600665 -3.61% 55 E10 is ¥-0.04 as of Mar. 2026. GuruFocus rates SHSE:600665 with a GF Score™ of 55/100 and a GF Value™ of ¥2.59 (Fairly Valued). The stock has 7 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.

Tande Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.182. 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, Tande Co's average E10 Growth Rate was -126.70% 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 Tande Co was 22.40% per year. The lowest was -25.70% per year. And the median was 11.50% per year.

As of today (2026-07-26), Tande Co's current stock price is ¥2.67. Tande Co's E10 for the quarter that ended in Mar. 2026 was ¥-0.04. Tande Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Tande Co was 29.15. The lowest was 6.87. And the median was 10.56.


Tande Co  (SHSE:600665) 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 Tande Co was 29.15. The lowest was 6.87. And the median was 10.56.


Be Aware

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


Tande Co E10 Related Terms


Tande Co E10 Historical Data

* Premium members only.

The historical data trend for Tande 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.

Tande Co E10 Chart

Tande 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 0.39 0.40 0.32 0.16 -0.02

Tande 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 0.15 0.14 0.13 -0.02 -0.04

SHSE:600665 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Tande 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.


Tande Co Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tande Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:600665
55GF Score
Tande Co Ltd SHSE:600665
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tande 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, Tande 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)
=-0.182/116.3033*116.3033
=-0.182

Current CPI (Mar. 2026) = 116.3033.

Tande Co Quarterly Data

per share eps CPI Adj_EPS
201606 -0.051 101.400 -0.058
201609 -0.130 102.400 -0.148
201612 0.464 102.600 0.526
201703 0.010 103.200 0.011
201706 0.111 103.100 0.125
201709 0.072 104.100 0.080
201712 0.101 104.500 0.112
201803 0.100 105.300 0.110
201806 0.160 104.900 0.177
201809 0.149 106.600 0.163
201812 0.078 106.500 0.085
201903 0.180 107.700 0.194
201906 0.022 107.700 0.024
201909 0.087 109.800 0.092
201912 0.202 111.200 0.211
202003 0.044 112.300 0.046
202006 0.031 110.400 0.033
202009 0.079 111.700 0.082
202012 0.228 111.500 0.238
202103 -0.040 112.662 -0.041
202106 0.351 111.769 0.365
202109 0.020 112.215 0.021
202112 0.105 113.108 0.108
202203 -0.031 114.335 -0.032
202206 0.041 114.558 0.042
202209 0.068 115.339 0.069
202212 0.318 115.116 0.321
202303 0.018 115.116 0.018
202306 0.014 114.558 0.014
202309 -0.028 115.339 -0.028
202312 -0.456 114.781 -0.462
202403 -0.094 115.227 -0.095
202406 0.061 114.781 0.062
202409 0.149 115.785 0.150
202412 -1.296 114.893 -1.312
202503 -0.072 115.116 -0.073
202506 -0.072 114.907 -0.073
202509 -0.110 115.471 -0.111
202512 -1.252 115.832 -1.257
202603 -0.182 116.303 -0.182

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?
Tande Co (SHSE:600665) 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 Tande Co and its competitors.
Is Tande Co's E10 too high?
Tande Co's current E10 is ¥-0.04. Overall, Tande Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tande Co's E10 compare to CBRE and BEKE?
Tande 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 Tande Co and its competitors. Tande 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 Tande Co stock overvalued right now?
Based on GuruFocus' analysis, Tande Co (SHSE:600665) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.59, compared to a current price of ¥2.67 — trading 3.1% above its estimated fair value. The current E10 is ¥-0.04. Tande Co's overall GF Score™ is 55/100 with 7 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 Tande Co (SHSE:600665), 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 Tande Co (SHSE:600665) Overvalued in 2026?

Based on GuruFocus' analysis, Tande Co stock appears to be overvalued. The current stock price of ¥2.67 is trading 3.1% above its estimated GF Value™ of ¥2.59. GuruFocus considers Tande Co to be Fairly Valued.

Key valuation signals for SHSE:600665:

  • E10: ¥-0.04
  • GF Value™: ¥2.59 vs. price of ¥2.67 (3.1% above fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tande Co Business Description

Address No. 33, Keji Road, 34th Floor, Digital Building, Gaoxin International Business Center, Gaoxin District, Shaanxi Province, Xi'an, CHN, 710075
Tande Co Ltd is engaged in Real estate business development and operation.
55GF Score

Get the complete analysis for SHSE:600665

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

¥2.67
Price
¥2.59
GF Value