Ningbo Boway Alloy Material Co (SHSE:601137) E10: ¥0.69 (As of Mar. 2026)

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SHSE:601137 Ningbo Boway Alloy Material Co Ltd SHSE:601137
83 GF Score
Price ¥16.19
GF Value ¥19.08
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Ningbo Boway Alloy Material Co E10?

Ningbo Boway Alloy Material Co SHSE:601137 -5.71% 83 E10 is ¥0.69 as of Mar. 2026. GuruFocus rates SHSE:601137 with a GF Score™ of 83/100 and a GF Value™ of ¥19.08 (Modestly Undervalued). 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.

Ningbo Boway Alloy Material Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ningbo Boway Alloy Material Co's average E10 Growth Rate was -9.20% per year. During the past 3 years, the average E10 Growth Rate was 14.70% per year. During the past 5 years, the average E10 Growth Rate was 13.80% 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 Ningbo Boway Alloy Material Co was 20.20% per year. The lowest was 4.70% per year. And the median was 13.35% per year.

As of today (2026-07-20), Ningbo Boway Alloy Material Co's current stock price is ¥16.19. Ningbo Boway Alloy Material Co's E10 for the quarter that ended in Mar. 2026 was ¥0.69. Ningbo Boway Alloy Material Co's Shiller PE Ratio of today is 23.46.

During the past 13 years, the highest Shiller PE Ratio of Ningbo Boway Alloy Material Co was 58.31. The lowest was 19.44. And the median was 28.43.


Ningbo Boway Alloy Material Co  (SHSE:601137) 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.

Ningbo Boway Alloy Material Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.19/0.69
=23.46

* 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 Ningbo Boway Alloy Material Co was 58.31. The lowest was 19.44. And the median was 28.43.


Be Aware

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


Ningbo Boway Alloy Material Co E10 Related Terms


Ningbo Boway Alloy Material Co E10 Historical Data

* Premium members only.

The historical data trend for Ningbo Boway Alloy Material 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.

Ningbo Boway Alloy Material Co E10 Chart

Ningbo Boway Alloy Material 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 0.42 0.47 0.59 0.73 0.71

Ningbo Boway Alloy Material 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 0.76 0.79 0.81 0.71 0.69

SHSE:601137 vs SCCO, FCX: E10 Comparison

For the Copper subindustry, Ningbo Boway Alloy Material 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.


Ningbo Boway Alloy Material Co Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Boway Alloy Material Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Boway Alloy Material Co's Shiller PE Ratio falls into.


SHSE:601137
83GF Score
Ningbo Boway Alloy Material Co Ltd SHSE:601137
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Boway Alloy Material 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, Ningbo Boway Alloy Material 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)
=-0.1/116.3033*116.3033
=-0.100

Current CPI (Mar. 2026) = 116.3033.

Ningbo Boway Alloy Material Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.110 101.400 0.126
201609 0.080 102.400 0.091
201612 0.070 102.600 0.079
201703 0.090 103.200 0.101
201706 0.140 103.100 0.158
201709 0.140 104.100 0.156
201712 0.120 104.500 0.134
201803 0.110 105.300 0.121
201806 0.190 104.900 0.211
201809 0.189 106.600 0.206
201812 0.145 106.500 0.158
201903 0.140 107.700 0.151
201906 0.190 107.700 0.205
201909 0.150 109.800 0.159
201912 0.160 111.200 0.167
202003 0.150 112.300 0.155
202006 0.180 110.400 0.190
202009 0.190 111.700 0.198
202012 0.050 111.500 0.052
202103 0.150 112.662 0.155
202106 0.060 111.769 0.062
202109 0.120 112.215 0.124
202112 0.060 113.108 0.062
202203 0.170 114.335 0.173
202206 0.180 114.558 0.183
202209 0.180 115.339 0.182
202212 0.150 115.116 0.152
202303 0.240 115.116 0.242
202306 0.340 114.558 0.345
202309 0.420 115.339 0.424
202312 0.430 114.781 0.436
202403 0.340 115.227 0.343
202406 0.480 114.781 0.486
202409 0.580 115.785 0.583
202412 0.170 114.893 0.172
202503 0.360 115.116 0.364
202506 0.410 114.907 0.415
202509 0.230 115.471 0.232
202512 -0.940 115.832 -0.944
202603 -0.100 116.303 -0.100

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 ¥0.69 mean?
Ningbo Boway Alloy Material Co (SHSE:601137) has a E10 of ¥0.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ningbo Boway Alloy Material Co and its competitors.
Is Ningbo Boway Alloy Material Co's E10 too high?
Ningbo Boway Alloy Material Co's current E10 is ¥0.69. Overall, Ningbo Boway Alloy Material Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Boway Alloy Material Co's E10 compare to SCCO and FCX?
Ningbo Boway Alloy Material Co's E10 of ¥0.69 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Ningbo Boway Alloy Material Co and its competitors. Ningbo Boway Alloy Material Co's current E10 is ¥0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Boway Alloy Material Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co (SHSE:601137) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.08, compared to a current price of ¥16.19 — trading 15.1% below its estimated fair value. The current E10 is ¥0.69. Ningbo Boway Alloy Material Co's overall GF Score™ is 83/100 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 Ningbo Boway Alloy Material Co (SHSE:601137), the current E10 is ¥0.69 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 Ningbo Boway Alloy Material Co (SHSE:601137) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co stock appears to be undervalued. The current stock price of ¥16.19 is trading 15.1% below its estimated GF Value™ of ¥19.08. GuruFocus considers Ningbo Boway Alloy Material Co to be Modestly Undervalued.

Key valuation signals for SHSE:601137:

  • E10: ¥0.69
  • GF Value™: ¥19.08 vs. price of ¥16.19 (15.1% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the SHSE:601137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Boway Alloy Material Co Business Description

Address Taiping Bridge, Yunlong Town, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315135
Ningbo Boway Alloy Material Co Ltd is engaged in researching, developing, producing and selling non-ferrous alloy materials in China and internationally. It offers environmental, high conductivity, special, bronze, nickel-silver, and brass alloy materials, as well as copper alloys; and high precision copper alloy strips. The company also offers copper-titanium-zirconium- zinc alloy materials; and energy products, such as monocrystalline black components, polycrystalline, and solar modules.
83GF Score

Get the complete analysis for SHSE:601137

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

¥16.19
Price
¥19.08
GF Value