Ningbo Construction Co (SHSE:601789) E10: ¥0.28 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:601789 Ningbo Construction Co Ltd SHSE:601789
57 GF Score
Price ¥4.01
GF Value ¥4.50
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Ningbo Construction Co E10?

Ningbo Construction Co SHSE:601789 -4.30% 57 E10 is ¥0.28 as of Mar. 2026. GuruFocus rates SHSE:601789 with a GF Score™ of 57/100 and a GF Value™ of ¥4.50 (Modestly Undervalued). The stock has 8 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 Construction Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.134. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.28 for the trailing ten years ended in Mar. 2026.

During the past 5 years, the average E10 Growth Rate was 2.30% 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 Construction Co was 5.50% per year. The lowest was 0.00% per year. And the median was 3.25% per year.

As of today (2026-07-24), Ningbo Construction Co's current stock price is ¥4.01. Ningbo Construction Co's E10 for the quarter that ended in Mar. 2026 was ¥0.28. Ningbo Construction Co's Shiller PE Ratio of today is 14.32.

During the past 13 years, the highest Shiller PE Ratio of Ningbo Construction Co was 31.73. The lowest was 12.52. And the median was 17.44.


Ningbo Construction Co  (SHSE:601789) 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 Construction Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.01/0.28
=14.32

* 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 Construction Co was 31.73. The lowest was 12.52. And the median was 17.44.


Be Aware

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


Ningbo Construction Co E10 Related Terms


Ningbo Construction Co E10 Historical Data

* Premium members only.

The historical data trend for Ningbo Construction 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 Construction Co E10 Chart

Ningbo Construction 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 0.27 0.27 0.28 0.27

Ningbo Construction 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 0.28 0.28 0.27 0.27 0.28

SHSE:601789 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Ningbo Construction 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 Construction Co Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ningbo Construction Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:601789
57GF Score
Ningbo Construction Co Ltd SHSE:601789
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Construction 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 Construction 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)
=0.134/116.3033*116.3033
=0.134

Current CPI (Mar. 2026) = 116.3033.

Ningbo Construction Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.041 101.400 0.047
201609 0.041 102.400 0.047
201612 0.065 102.600 0.074
201703 0.054 103.200 0.061
201706 0.048 103.100 0.054
201709 0.043 104.100 0.048
201712 0.075 104.500 0.083
201803 0.067 105.300 0.074
201806 0.047 104.900 0.052
201809 0.042 106.600 0.046
201812 0.069 106.500 0.075
201903 0.075 107.700 0.081
201906 0.045 107.700 0.049
201909 0.041 109.800 0.043
201912 0.086 111.200 0.090
202003 0.058 112.300 0.060
202006 0.058 110.400 0.061
202009 0.048 111.700 0.050
202012 0.092 111.500 0.096
202103 0.081 112.662 0.084
202106 0.134 111.769 0.139
202109 0.053 112.215 0.055
202112 0.122 113.108 0.125
202203 0.095 114.335 0.097
202206 0.056 114.558 0.057
202209 0.043 115.339 0.043
202212 0.104 115.116 0.105
202303 0.081 115.116 0.082
202306 0.067 114.558 0.068
202309 0.053 115.339 0.053
202312 0.081 114.781 0.082
202403 0.074 115.227 0.075
202406 0.051 114.781 0.052
202409 0.066 115.785 0.066
202412 0.078 114.893 0.079
202503 0.092 115.116 0.093
202506 0.019 114.907 0.019
202509 0.044 115.471 0.044
202512 0.051 115.832 0.051
202603 0.134 116.303 0.134

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 ¥0.28 mean?
Ningbo Construction Co (SHSE:601789) has a E10 of ¥0.28 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ningbo Construction Co and its competitors.
Is Ningbo Construction Co's E10 too high?
Ningbo Construction Co's current E10 is ¥0.28. Overall, Ningbo Construction Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Construction Co's E10 compare to PWR and FIX?
Ningbo Construction Co's E10 of ¥0.28 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Construction Co and its competitors. Ningbo Construction Co's current E10 is ¥0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Construction Co (SHSE:601789) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.50, compared to a current price of ¥4.01 — trading 10.9% below its estimated fair value. The current E10 is ¥0.28. Ningbo Construction Co's overall GF Score™ is 57/100 with 8 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 Construction Co (SHSE:601789), the current E10 is ¥0.28 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 Construction Co (SHSE:601789) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Construction Co stock appears to be undervalued. The current stock price of ¥4.01 is trading 10.9% below its estimated GF Value™ of ¥4.50. GuruFocus considers Ningbo Construction Co to be Modestly Undervalued.

Key valuation signals for SHSE:601789:

  • E10: ¥0.28
  • GF Value™: ¥4.50 vs. price of ¥4.01 (10.9% below fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the SHSE:601789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Construction Co Business Description

Address No.538, Ningtong Road, Yinzhou District, Ningbo, CHN, 315040
Ningbo Construction Co Ltd is a China-based construction company. It is engaged in the housing construction and general construction business. In addition, the company is also involved in the operation of civil engineering, engineering design, municipal garden, equipment installation and equipment leasing. Its business scope covers engineering survey, architectural design, housing construction and municipal general contracting, rail transit, mechanical and electrical equipment installation, decoration and decoration, steel structure, commercial concrete and prefabricated components. The business segments of the company are the Survey and design section, General contracting sector, and Industrial building sector.
57GF Score

Get the complete analysis for SHSE:601789

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

¥4.01
Price
¥4.50
GF Value