China Merchants Energy Shipping Co (SHSE:601872) E10: ¥0.47 (As of Mar. 2026)

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SHSE:601872 China Merchants Energy Shipping Co Ltd SHSE:601872
63 GF Score
Price ¥15.70
GF Value ¥8.60
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is China Merchants Energy Shipping Co E10?

China Merchants Energy Shipping Co SHSE:601872 -1.07% 63 E10 is ¥0.47 as of Mar. 2026. GuruFocus rates SHSE:601872 with a GF Score™ of 63/100 and a GF Value™ of ¥8.60 (Significantly Overvalued). The stock has 2 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.

China Merchants Energy Shipping Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, China Merchants Energy Shipping Co's average E10 Growth Rate was 20.50% per year. During the past 3 years, the average E10 Growth Rate was 26.00% per year. During the past 5 years, the average E10 Growth Rate was 31.50% per year. During the past 10 years, the average E10 Growth Rate was 18.70% 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 China Merchants Energy Shipping Co was 40.10% per year. The lowest was -9.10% per year. And the median was 26.00% per year.

As of today (2026-07-25), China Merchants Energy Shipping Co's current stock price is ¥15.70. China Merchants Energy Shipping Co's E10 for the quarter that ended in Mar. 2026 was ¥0.47. China Merchants Energy Shipping Co's Shiller PE Ratio of today is 33.40.

During the past 13 years, the highest Shiller PE Ratio of China Merchants Energy Shipping Co was 79.58. The lowest was 15.00. And the median was 34.54.


China Merchants Energy Shipping Co  (SHSE:601872) 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.

China Merchants Energy Shipping Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.70/0.47
=33.40

* 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 China Merchants Energy Shipping Co was 79.58. The lowest was 15.00. And the median was 34.54.


Be Aware

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


China Merchants Energy Shipping Co E10 Related Terms


China Merchants Energy Shipping Co E10 Historical Data

* Premium members only.

The historical data trend for China Merchants Energy Shipping 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.

China Merchants Energy Shipping Co E10 Chart

China Merchants Energy Shipping 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 0.16 0.22 0.33 0.39 0.44

China Merchants Energy Shipping 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 0.39 0.40 0.40 0.44 0.47

SHSE:601872 vs WMB, EPD, KMI: E10 Comparison

For the Oil & Gas Midstream subindustry, China Merchants Energy Shipping 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.


China Merchants Energy Shipping Co Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Merchants Energy Shipping Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Merchants Energy Shipping Co's Shiller PE Ratio falls into.


SHSE:601872
63GF Score
China Merchants Energy Shipping Co Ltd SHSE:601872
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Energy Shipping 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, China Merchants Energy Shipping 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)
=0.34/116.3033*116.3033
=0.340

Current CPI (Mar. 2026) = 116.3033.

China Merchants Energy Shipping Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.181 101.400 0.208
201609 0.031 102.400 0.035
201612 -0.006 102.600 -0.007
201703 0.050 103.200 0.056
201706 0.031 103.100 0.035
201709 0.042 104.100 0.047
201712 -0.018 104.500 -0.020
201803 0.017 105.300 0.019
201806 0.026 104.900 0.029
201809 0.019 106.600 0.021
201812 0.091 106.500 0.099
201903 0.050 107.700 0.054
201906 0.033 107.700 0.036
201909 0.067 109.800 0.071
201912 0.117 111.200 0.122
202003 0.150 112.300 0.155
202006 0.292 110.400 0.308
202009 0.117 111.700 0.122
202012 -0.140 111.500 -0.146
202103 0.090 112.662 0.093
202106 0.120 111.769 0.125
202109 0.140 112.215 0.145
202112 0.130 113.108 0.134
202203 0.160 114.335 0.163
202206 0.200 114.558 0.203
202209 0.120 115.339 0.121
202212 0.130 115.116 0.131
202303 0.140 115.116 0.141
202306 0.200 114.558 0.203
202309 0.120 115.339 0.121
202312 0.140 114.781 0.142
202403 0.170 115.227 0.172
202406 0.140 114.781 0.142
202409 0.100 115.785 0.100
202412 0.220 114.893 0.223
202503 0.110 115.116 0.111
202506 0.150 114.907 0.152
202509 0.150 115.471 0.151
202512 0.330 115.832 0.331
202603 0.340 116.303 0.340

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 ¥0.47 mean?
China Merchants Energy Shipping Co (SHSE:601872) has a E10 of ¥0.47 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on China Merchants Energy Shipping Co and its competitors.
Is China Merchants Energy Shipping Co's E10 too high?
China Merchants Energy Shipping Co's current E10 is ¥0.47. Overall, China Merchants Energy Shipping Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Energy Shipping Co's E10 compare to WMB and EPD?
China Merchants Energy Shipping Co's E10 of ¥0.47 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 China Merchants Energy Shipping Co and its competitors. China Merchants Energy Shipping Co's current E10 is ¥0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Energy Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Energy Shipping Co (SHSE:601872) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.60, compared to a current price of ¥15.70 — trading 82.6% above its estimated fair value. The current E10 is ¥0.47. China Merchants Energy Shipping Co's overall GF Score™ is 63/100 with 2 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 China Merchants Energy Shipping Co (SHSE:601872), the current E10 is ¥0.47 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 China Merchants Energy Shipping Co (SHSE:601872) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Energy Shipping Co stock appears to be overvalued. The current stock price of ¥15.70 is trading 82.6% above its estimated GF Value™ of ¥8.60. GuruFocus considers China Merchants Energy Shipping Co to be Significantly Overvalued.

Key valuation signals for SHSE:601872:

  • E10: ¥0.47
  • GF Value™: ¥8.60 vs. price of ¥15.70 (82.6% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the SHSE:601872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Merchants Energy Shipping Co Business Description

Industry EnergyOil & Gas
Address No. 9, Zhongshan East Road, China Merchants Building, Shanghai, CHN, 200126
China Merchants Energy Shipping Co Ltd is a China-based company that engages in tanker transportation, bulk cargo vessel transportation, and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to customers from China, Japan, Korea, Southeast Asia, the United States, and other countries.
63GF Score

Get the complete analysis for SHSE:601872

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

¥15.70
Price
¥8.60
GF Value