Sinopec Shanghai Petrochemical Co (SHSE:600688) E10: ¥0.17 (As of Mar. 2026)

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SHSE:600688 Sinopec Shanghai Petrochemical Co Ltd SHSE:600688
69 GF Score
Price ¥2.76
GF Value ¥2.39
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sinopec Shanghai Petrochemical Co E10?

Sinopec Shanghai Petrochemical Co SHSE:600688 -0.36% 69 E10 is ¥0.17 as of Mar. 2026. GuruFocus rates SHSE:600688 with a GF Score™ of 69/100 and a GF Value™ of ¥2.39 (Modestly Overvalued). The stock has 4 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.

Sinopec Shanghai Petrochemical Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.039. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sinopec Shanghai Petrochemical Co's average E10 Growth Rate was -22.70% per year. During the past 3 years, the average E10 Growth Rate was -10.40% per year. During the past 5 years, the average E10 Growth Rate was -5.90% per year. During the past 10 years, the average E10 Growth Rate was 11.90% 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 Sinopec Shanghai Petrochemical Co was 81.70% per year. The lowest was -27.90% per year. And the median was -0.65% per year.

As of today (2026-07-28), Sinopec Shanghai Petrochemical Co's current stock price is ¥2.76. Sinopec Shanghai Petrochemical Co's E10 for the quarter that ended in Mar. 2026 was ¥0.17. Sinopec Shanghai Petrochemical Co's Shiller PE Ratio of today is 16.24.

During the past 13 years, the highest Shiller PE Ratio of Sinopec Shanghai Petrochemical Co was 89.86. The lowest was 11.46. And the median was 15.36.


Sinopec Shanghai Petrochemical Co  (SHSE:600688) 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.

Sinopec Shanghai Petrochemical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.76/0.17
=16.24

* 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 Sinopec Shanghai Petrochemical Co was 89.86. The lowest was 11.46. And the median was 15.36.


Be Aware

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


Sinopec Shanghai Petrochemical Co E10 Related Terms


Sinopec Shanghai Petrochemical Co E10 Historical Data

* Premium members only.

The historical data trend for Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co E10 Chart

Sinopec Shanghai Petrochemical 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 0.26 0.25 0.21 0.22 0.18

Sinopec Shanghai Petrochemical 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 0.22 0.20 0.20 0.18 0.17

SHSE:600688 vs MPC, VLO, PSX: E10 Comparison

For the Oil & Gas Refining & Marketing subindustry, Sinopec Shanghai Petrochemical 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.


Sinopec Shanghai Petrochemical Co Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Shanghai Petrochemical Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:600688
69GF Score
Sinopec Shanghai Petrochemical Co Ltd SHSE:600688
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinopec Shanghai Petrochemical 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, Sinopec Shanghai Petrochemical 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)
=0.039/116.3033*116.3033
=0.039

Current CPI (Mar. 2026) = 116.3033.

Sinopec Shanghai Petrochemical Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.181 101.400 0.208
201609 0.096 102.400 0.109
201612 0.169 102.600 0.192
201703 0.178 103.200 0.201
201706 0.059 103.100 0.067
201709 0.142 104.100 0.159
201712 0.187 104.500 0.208
201803 0.164 105.300 0.181
201806 0.162 104.900 0.180
201809 0.105 106.600 0.115
201812 0.057 106.500 0.062
201903 0.056 107.700 0.060
201906 0.049 107.700 0.053
201909 0.039 109.800 0.041
201912 0.061 111.200 0.064
202003 -0.111 112.300 -0.115
202006 -0.048 110.400 -0.051
202009 0.099 111.700 0.103
202012 0.117 111.500 0.122
202103 0.108 112.662 0.111
202106 0.007 111.769 0.007
202109 0.067 112.215 0.069
202112 0.003 113.108 0.003
202203 0.020 114.335 0.020
202206 -0.060 114.558 -0.061
202209 -0.145 115.339 -0.146
202212 -0.080 115.116 -0.081
202303 -0.015 115.116 -0.015
202306 -0.077 114.558 -0.078
202309 0.025 115.339 0.025
202312 -0.063 114.781 -0.064
202403 0.008 115.227 0.008
202406 -0.005 114.781 -0.005
202409 0.001 115.785 0.001
202412 0.027 114.893 0.027
202503 -0.008 115.116 -0.008
202506 -0.036 114.907 -0.036
202509 0.003 115.471 0.003
202512 -0.095 115.832 -0.095
202603 0.039 116.303 0.039

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 ¥0.17 mean?
Sinopec Shanghai Petrochemical Co (SHSE:600688) has a E10 of ¥0.17 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sinopec Shanghai Petrochemical Co and its competitors.
Is Sinopec Shanghai Petrochemical Co's E10 too high?
Sinopec Shanghai Petrochemical Co's current E10 is ¥0.17. Overall, Sinopec Shanghai Petrochemical Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Shanghai Petrochemical Co's E10 compare to MPC and VLO?
Sinopec Shanghai Petrochemical Co's E10 of ¥0.17 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Sinopec Shanghai Petrochemical Co and its competitors. Sinopec Shanghai Petrochemical Co's current E10 is ¥0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Shanghai Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co (SHSE:600688) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.39, compared to a current price of ¥2.76 — trading 15.5% above its estimated fair value. The current E10 is ¥0.17. Sinopec Shanghai Petrochemical Co's overall GF Score™ is 69/100 with 4 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 Sinopec Shanghai Petrochemical Co (SHSE:600688), the current E10 is ¥0.17 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 Sinopec Shanghai Petrochemical Co (SHSE:600688) Overvalued in 2026?

Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co stock appears to be overvalued. The current stock price of ¥2.76 is trading 15.5% above its estimated GF Value™ of ¥2.39. GuruFocus considers Sinopec Shanghai Petrochemical Co to be Modestly Overvalued.

Key valuation signals for SHSE:600688:

  • E10: ¥0.17
  • GF Value™: ¥2.39 vs. price of ¥2.76 (15.5% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600688 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinopec Shanghai Petrochemical Co Business Description

Industry EnergyOil & Gas
Address No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Sinopec Shanghai Petrochemical Co Ltd is an integrated Chinese petrochemical company that mainly produces a broad range of petroleum products and chemical products through crude oil processing. The Group's reportable segments are: Petroleum products, Chemical products, Trading of petrochemical products, and Others. The majority of its revenue is generated from the Petroleum products segment, which is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas, and provides raw materials for the Group's downstream petrochemical processing facilities. Geographically, the Group derives maximum revenue from its business in the People's Republic of China (PRC).
69GF Score

Get the complete analysis for SHSE:600688

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

¥2.76
Price
¥2.39
GF Value