Guizhou Gas Group (SHSE:600903) E10: ¥0.13 (As of Mar. 2026)

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SHSE:600903 Guizhou Gas Group Corp Ltd SHSE:600903
74 GF Score
Price ¥5.96
GF Value ¥7.06
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Guizhou Gas Group E10?

Guizhou Gas Group SHSE:600903 -0.17% 74 E10 is ¥0.13 as of Mar. 2026. GuruFocus rates SHSE:600903 with a GF Score™ of 74/100 and a GF Value™ of ¥7.06 (Modestly Undervalued). The stock has 9 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.

Guizhou Gas Group's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.13 for the trailing ten years ended in Mar. 2026.

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 Guizhou Gas Group was -8.60% per year. The lowest was -8.60% per year. And the median was -8.60% per year.

As of today (2026-07-27), Guizhou Gas Group's current stock price is ¥5.96. Guizhou Gas Group's E10 for the quarter that ended in Mar. 2026 was ¥0.13. Guizhou Gas Group's Shiller PE Ratio of today is 45.85.

During the past 13 years, the highest Shiller PE Ratio of Guizhou Gas Group was 80.15. The lowest was 41.00. And the median was 53.31.


Guizhou Gas Group  (SHSE:600903) 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.

Guizhou Gas Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.96/0.13
=45.85

* 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 Guizhou Gas Group was 80.15. The lowest was 41.00. And the median was 53.31.


Be Aware

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


Guizhou Gas Group E10 Related Terms


Guizhou Gas Group E10 Historical Data

* Premium members only.

The historical data trend for Guizhou Gas Group'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.

Guizhou Gas Group E10 Chart

Guizhou Gas Group 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 0.17 0.15 0.14 0.13 0.00

Guizhou Gas Group 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 0.13 0.12 0.13 0.00 0.13

SHSE:600903 vs ATO, NI: E10 Comparison

For the Utilities - Regulated Gas subindustry, Guizhou Gas Group'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.


Guizhou Gas Group Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Guizhou Gas Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Guizhou Gas Group's Shiller PE Ratio falls into.


SHSE:600903
74GF Score
Guizhou Gas Group Corp Ltd SHSE:600903
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guizhou Gas Group 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, Guizhou Gas Group'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)
=0.09/116.3033*116.3033
=0.090

Current CPI (Mar. 2026) = 116.3033.

Guizhou Gas Group Quarterly Data

per share eps CPI Adj_EPS
201606 0.000 101.400 0.000
201609 0.021 102.400 0.024
201612 0.050 102.600 0.057
201703 0.029 103.200 0.033
201706 0.064 103.100 0.072
201709 0.014 104.100 0.016
201712 0.036 104.500 0.040
201803 0.029 105.300 0.032
201806 0.081 104.900 0.090
201809 -0.010 106.600 -0.011
201812 0.050 106.500 0.055
201903 0.040 107.700 0.043
201906 0.080 107.700 0.086
201909 0.030 109.800 0.032
201912 0.020 111.200 0.021
202003 0.020 112.300 0.021
202006 0.080 110.400 0.084
202009 0.050 111.700 0.052
202012 0.030 111.500 0.031
202103 0.020 112.662 0.021
202106 0.097 111.769 0.101
202109 0.030 112.215 0.031
202112 0.010 113.108 0.010
202203 -0.050 114.335 -0.051
202206 -0.020 114.558 -0.020
202209 -0.020 115.339 -0.020
202212 0.110 115.116 0.111
202303 0.080 115.116 0.081
202306 0.050 114.558 0.051
202309 0.020 115.339 0.020
202312 -0.080 114.781 -0.081
202403 0.090 115.227 0.091
202406 0.050 114.781 0.051
202409 -0.030 115.785 -0.030
202412 -0.060 114.893 -0.061
202503 0.060 115.116 0.061
202506 0.020 114.907 0.020
202509 -0.040 115.471 -0.040
202512 0.000 115.832 0.000
202603 0.090 116.303 0.090

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 ¥0.13 mean?
Guizhou Gas Group (SHSE:600903) has a E10 of ¥0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Guizhou Gas Group and its competitors.
Is Guizhou Gas Group's E10 too high?
Guizhou Gas Group's current E10 is ¥0.13. Overall, Guizhou Gas Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Gas Group's E10 compare to ATO and NI?
Guizhou Gas Group's E10 of ¥0.13 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Guizhou Gas Group and its competitors. Guizhou Gas Group's current E10 is ¥0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Gas Group (SHSE:600903) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.06, compared to a current price of ¥5.96 — trading 15.6% below its estimated fair value. The current E10 is ¥0.13. Guizhou Gas Group's overall GF Score™ is 74/100 with 9 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 Guizhou Gas Group (SHSE:600903), the current E10 is ¥0.13 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 Guizhou Gas Group (SHSE:600903) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Gas Group stock appears to be undervalued. The current stock price of ¥5.96 is trading 15.6% below its estimated GF Value™ of ¥7.06. GuruFocus considers Guizhou Gas Group to be Modestly Undervalued.

Key valuation signals for SHSE:600903:

  • E10: ¥0.13
  • GF Value™: ¥7.06 vs. price of ¥5.96 (15.6% below fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Gas Group Business Description

Address 298 South Xintian Avenue, Yunyan District, Guiyang Shi, CHN, 550004
Guizhou Gas Group Corp Ltd is a urban gas enterprise in Guizhou Province. The company is engaged in the supply, sales, service, transmission, and distribution of gas.
74GF Score

Get the complete analysis for SHSE:600903

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

¥5.96
Price
¥7.06
GF Value