Caitong Securities Co (SHSE:601108) E10: ¥0.50 (As of Mar. 2026)

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SHSE:601108 Caitong Securities Co Ltd SHSE:601108
65 GF Score
Price ¥8.32
GF Value ¥10.10
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Caitong Securities Co E10?

Caitong Securities Co SHSE:601108 -1.07% 65 E10 is ¥0.50 as of Mar. 2026. GuruFocus rates SHSE:601108 with a GF Score™ of 65/100 and a GF Value™ of ¥10.10 (Modestly Undervalued). 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.

Caitong Securities Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Caitong Securities Co's average E10 Growth Rate was -7.40% per year. During the past 3 years, the average E10 Growth Rate was -3.70% per year. During the past 5 years, the average E10 Growth Rate was -2.50% 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 Caitong Securities Co was -1.20% per year. The lowest was -3.70% per year. And the median was -2.30% per year.

As of today (2026-08-11), Caitong Securities Co's current stock price is ¥8.32. Caitong Securities Co's E10 for the quarter that ended in Mar. 2026 was ¥0.50. Caitong Securities Co's Shiller PE Ratio of today is 16.64.

During the past 13 years, the highest Shiller PE Ratio of Caitong Securities Co was 21.18. The lowest was 11.86. And the median was 14.71.


Caitong Securities Co  (SHSE:601108) 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.

Caitong Securities Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.32/0.50
=16.64

* 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 Caitong Securities Co was 21.18. The lowest was 11.86. And the median was 14.71.


Be Aware

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


Caitong Securities Co E10 Related Terms


Caitong Securities Co E10 Historical Data

* Premium members only.

The historical data trend for Caitong Securities 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.

Caitong Securities Co E10 Chart

Caitong Securities 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 0.59 0.56 0.55 0.55 0.50

Caitong Securities 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 0.54 0.53 0.53 0.50 0.50

SHSE:601108 vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Caitong Securities 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.


Caitong Securities Co Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Caitong Securities Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:601108
65GF Score
Caitong Securities Co Ltd SHSE:601108
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caitong Securities 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, Caitong Securities 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)
=0.13/116.3033*116.3033
=0.130

Current CPI (Mar. 2026) = 116.3033.

Caitong Securities Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.119 101.400 0.136
201609 0.153 102.400 0.174
201612 0.115 102.600 0.130
201703 0.105 103.200 0.118
201706 0.134 103.100 0.151
201709 0.115 104.100 0.128
201712 0.076 104.500 0.085
201803 0.086 105.300 0.095
201806 0.067 104.900 0.074
201809 0.019 106.600 0.021
201812 0.038 106.500 0.041
201903 0.095 107.700 0.103
201906 0.095 107.700 0.103
201909 0.067 109.800 0.071
201912 0.239 111.200 0.250
202003 0.048 112.300 0.050
202006 0.162 110.400 0.171
202009 0.191 111.700 0.199
202012 0.200 111.500 0.209
202103 0.115 112.662 0.119
202106 0.145 111.769 0.151
202109 0.150 112.215 0.155
202112 0.240 113.108 0.247
202203 0.040 114.335 0.041
202206 0.110 114.558 0.112
202209 0.100 115.339 0.101
202212 0.090 115.116 0.091
202303 0.100 115.116 0.101
202306 0.110 114.558 0.112
202309 0.100 115.339 0.101
202312 0.150 114.781 0.152
202403 0.100 115.227 0.101
202406 0.100 114.781 0.101
202409 0.110 115.785 0.110
202412 0.180 114.893 0.182
202503 0.060 115.116 0.061
202506 0.170 114.907 0.172
202509 0.190 115.471 0.191
202512 0.130 115.832 0.131
202603 0.130 116.303 0.130

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 ¥0.50 mean?
Caitong Securities Co (SHSE:601108) has a E10 of ¥0.50 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Caitong Securities Co and its competitors.
Is Caitong Securities Co's E10 too high?
Caitong Securities Co's current E10 is ¥0.50. Overall, Caitong Securities Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caitong Securities Co's E10 compare to BLK and BX?
Caitong Securities Co's E10 of ¥0.50 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Caitong Securities Co and its competitors. Caitong Securities Co's current E10 is ¥0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caitong Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Caitong Securities Co (SHSE:601108) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.10, compared to a current price of ¥8.32 — trading 17.6% below its estimated fair value. The current E10 is ¥0.50. Caitong Securities Co's overall GF Score™ is 65/100 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 Caitong Securities Co (SHSE:601108), the current E10 is ¥0.50 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 Caitong Securities Co (SHSE:601108) Overvalued in 2026?

Based on GuruFocus' analysis, Caitong Securities Co stock appears to be undervalued. The current stock price of ¥8.32 is trading 17.6% below its estimated GF Value™ of ¥10.10. GuruFocus considers Caitong Securities Co to be Modestly Undervalued.

Key valuation signals for SHSE:601108:

  • E10: ¥0.50
  • GF Value™: ¥10.10 vs. price of ¥8.32 (17.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the SHSE:601108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caitong Securities Co Business Description

Address No. 198, Tianmushan Road, West Tower, Caitong Shuangguan Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310011
Caitong Securities Co Ltd is an investment company. It is engaged in wealth management, asset management, an investment bank, futures business, fund business, private equity fund, and others. Geographically, the activities are carried out in China.
65GF Score

Get the complete analysis for SHSE:601108

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

¥8.32
Price
¥10.10
GF Value