China Automotive Engineering Research Institute Co (SHSE:601965) E10: ¥0.67 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601965 China Automotive Engineering Research Institute Co Ltd SHSE:601965
77 GF Score
Price ¥12.65
GF Value ¥20.59
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is China Automotive Engineering Research Institute Co E10?

China Automotive Engineering Research Institute Co SHSE:601965 -1.71% 77 E10 is ¥0.67 as of Mar. 2026. GuruFocus rates SHSE:601965 with a GF Score™ of 77/100 and a GF Value™ of ¥20.59 (Significantly 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.

China Automotive Engineering Research Institute Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, China Automotive Engineering Research Institute Co's average E10 Growth Rate was 11.70% per year. During the past 3 years, the average E10 Growth Rate was 6.90% per year. During the past 5 years, the average E10 Growth Rate was 6.50% 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 China Automotive Engineering Research Institute Co was 6.90% per year. The lowest was 5.00% per year. And the median was 6.60% per year.

As of today (2026-07-17), China Automotive Engineering Research Institute Co's current stock price is ¥12.65. China Automotive Engineering Research Institute Co's E10 for the quarter that ended in Mar. 2026 was ¥0.67. China Automotive Engineering Research Institute Co's Shiller PE Ratio of today is 18.88.

During the past 13 years, the highest Shiller PE Ratio of China Automotive Engineering Research Institute Co was 46.91. The lowest was 17.43. And the median was 31.62.


China Automotive Engineering Research Institute Co  (SHSE:601965) 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 Automotive Engineering Research Institute Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.65/0.67
=18.88

* 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 Automotive Engineering Research Institute Co was 46.91. The lowest was 17.43. And the median was 31.62.


Be Aware

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


China Automotive Engineering Research Institute Co E10 Related Terms


China Automotive Engineering Research Institute Co E10 Historical Data

* Premium members only.

The historical data trend for China Automotive Engineering Research Institute 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 Automotive Engineering Research Institute Co E10 Chart

China Automotive Engineering Research Institute 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 0.51 0.54 0.57 0.59 0.66

China Automotive Engineering Research Institute 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 0.60 0.62 0.64 0.66 0.67

SHSE:601965 vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, China Automotive Engineering Research Institute 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 Automotive Engineering Research Institute Co Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Engineering Research Institute Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Automotive Engineering Research Institute Co's Shiller PE Ratio falls into.


SHSE:601965
77GF Score
China Automotive Engineering Research Institute Co Ltd SHSE:601965
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Automotive Engineering Research Institute 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 Automotive Engineering Research Institute 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)
=0.16/116.3033*116.3033
=0.160

Current CPI (Mar. 2026) = 116.3033.

China Automotive Engineering Research Institute Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.060 101.400 0.069
201609 0.090 102.400 0.102
201612 0.140 102.600 0.159
201703 0.080 103.200 0.090
201706 0.060 103.100 0.068
201709 0.080 104.100 0.089
201712 0.160 104.500 0.178
201803 0.090 105.300 0.099
201806 0.090 104.900 0.100
201809 0.090 106.600 0.098
201812 0.150 106.500 0.164
201903 0.100 107.700 0.108
201906 0.100 107.700 0.108
201909 0.100 109.800 0.106
201912 0.180 111.200 0.188
202003 0.060 112.300 0.062
202006 0.140 110.400 0.147
202009 0.140 111.700 0.146
202012 0.220 111.500 0.229
202103 0.120 112.662 0.124
202106 0.150 111.769 0.156
202109 0.240 112.215 0.249
202112 0.190 113.108 0.195
202203 0.130 114.335 0.132
202206 0.180 114.558 0.183
202209 0.190 115.339 0.192
202212 0.200 115.116 0.202
202303 0.150 115.116 0.152
202306 0.200 114.558 0.203
202309 0.220 115.339 0.222
202312 0.270 114.781 0.274
202403 0.170 115.227 0.172
202406 0.240 114.781 0.243
202409 0.260 115.785 0.261
202412 0.240 114.893 0.243
202503 0.170 115.116 0.172
202506 0.240 114.907 0.243
202509 0.260 115.471 0.262
202512 0.390 115.832 0.392
202603 0.160 116.303 0.160

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 ¥0.67 mean?
China Automotive Engineering Research Institute Co (SHSE:601965) has a E10 of ¥0.67 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on China Automotive Engineering Research Institute Co and its competitors.
Is China Automotive Engineering Research Institute Co's E10 too high?
China Automotive Engineering Research Institute Co's current E10 is ¥0.67. Overall, China Automotive Engineering Research Institute Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Automotive Engineering Research Institute Co's E10 compare to TSLA and GM?
China Automotive Engineering Research Institute Co's E10 of ¥0.67 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Automotive Engineering Research Institute Co and its competitors. China Automotive Engineering Research Institute Co's current E10 is ¥0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Automotive Engineering Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, China Automotive Engineering Research Institute Co (SHSE:601965) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.59, compared to a current price of ¥12.65 — trading 38.6% below its estimated fair value. The current E10 is ¥0.67. China Automotive Engineering Research Institute Co's overall GF Score™ is 77/100 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 China Automotive Engineering Research Institute Co (SHSE:601965), the current E10 is ¥0.67 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 Automotive Engineering Research Institute Co (SHSE:601965) Overvalued in 2026?

Based on GuruFocus' analysis, China Automotive Engineering Research Institute Co stock appears to be undervalued. The current stock price of ¥12.65 is trading 38.6% below its estimated GF Value™ of ¥20.59. GuruFocus considers China Automotive Engineering Research Institute Co to be Significantly Undervalued.

Key valuation signals for SHSE:601965:

  • E10: ¥0.67
  • GF Value™: ¥20.59 vs. price of ¥12.65 (38.6% below fair value)
  • GF Score™: 77/100 with 4 warning signs

No single metric tells the full story. See the SHSE:601965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Automotive Engineering Research Institute Co Business Description

Address No.9, Jin Yu Avenue, North District, Economic Development Zone, Chongqing, CHN
China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.
77GF Score

Get the complete analysis for SHSE:601965

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

¥12.65
Price
¥20.59
GF Value