Ningbo Techmation Co (SHSE:603015) E10: ¥0.16 (As of Mar. 2026)

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SHSE:603015 Ningbo Techmation Co Ltd SHSE:603015
73 GF Score
Price ¥10.55
GF Value ¥12.03
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ningbo Techmation Co E10?

Ningbo Techmation Co SHSE:603015 -1.12% 73 E10 is ¥0.16 as of Mar. 2026. GuruFocus rates SHSE:603015 with a GF Score™ of 73/100 and a GF Value™ of ¥12.03 (Modestly Undervalued). The stock has 3 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 Techmation Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ningbo Techmation Co's average E10 Growth Rate was -5.90% 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.

As of today (2026-08-06), Ningbo Techmation Co's current stock price is ¥10.55. Ningbo Techmation Co's E10 for the quarter that ended in Mar. 2026 was ¥0.16. Ningbo Techmation Co's Shiller PE Ratio of today is 65.94.

During the past 13 years, the highest Shiller PE Ratio of Ningbo Techmation Co was 106.94. The lowest was 30.53. And the median was 58.22.


Ningbo Techmation Co  (SHSE:603015) 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 Techmation Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.55/0.16
=65.94

* 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 Techmation Co was 106.94. The lowest was 30.53. And the median was 58.22.


Be Aware

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


Ningbo Techmation Co E10 Related Terms


Ningbo Techmation Co E10 Historical Data

* Premium members only.

The historical data trend for Ningbo Techmation 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 Techmation Co E10 Chart

Ningbo Techmation 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 0.00 0.00 0.19 0.17 0.16

Ningbo Techmation 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 0.17 0.16 0.16 0.16 0.16

SHSE:603015 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Ningbo Techmation 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 Techmation Co Shiller PE Ratio vs Industrial Products Industry

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

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


SHSE:603015
73GF Score
Ningbo Techmation Co Ltd SHSE:603015
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Techmation 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 Techmation 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)
=0.02/116.3033*116.3033
=0.020

Current CPI (Mar. 2026) = 116.3033.

Ningbo Techmation Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.040 101.400 0.046
201609 0.020 102.400 0.023
201612 0.040 102.600 0.045
201703 0.050 103.200 0.056
201706 0.060 103.100 0.068
201709 0.030 104.100 0.034
201712 0.070 104.500 0.078
201803 0.060 105.300 0.066
201806 0.060 104.900 0.067
201809 0.010 106.600 0.011
201812 0.010 106.500 0.011
201903 0.020 107.700 0.022
201906 0.018 107.700 0.019
201909 0.006 109.800 0.006
201912 0.040 111.200 0.042
202003 0.020 112.300 0.021
202006 0.050 110.400 0.053
202009 0.050 111.700 0.052
202012 0.030 111.500 0.031
202103 0.070 112.662 0.072
202106 0.080 111.769 0.083
202109 0.050 112.215 0.052
202112 0.020 113.108 0.021
202203 0.040 114.335 0.041
202206 0.050 114.558 0.051
202209 0.020 115.339 0.020
202212 0.010 115.116 0.010
202303 0.020 115.116 0.020
202306 0.040 114.558 0.041
202309 0.020 115.339 0.020
202312 0.080 114.781 0.081
202403 0.040 115.227 0.040
202406 0.050 114.781 0.051
202409 0.030 115.785 0.030
202412 0.040 114.893 0.040
202503 0.060 115.116 0.061
202506 0.010 114.907 0.010
202509 0.010 115.471 0.010
202512 0.030 115.832 0.030
202603 0.020 116.303 0.020

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 ¥0.16 mean?
Ningbo Techmation Co (SHSE:603015) has a E10 of ¥0.16 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ningbo Techmation Co and its competitors.
Is Ningbo Techmation Co's E10 too high?
Ningbo Techmation Co's current E10 is ¥0.16. Overall, Ningbo Techmation Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Techmation Co's E10 compare to GEV and ETN?
Ningbo Techmation Co's E10 of ¥0.16 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Techmation Co and its competitors. Ningbo Techmation Co's current E10 is ¥0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Techmation Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Techmation Co (SHSE:603015) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.03, compared to a current price of ¥10.55 — trading 12.3% below its estimated fair value. The current E10 is ¥0.16. Ningbo Techmation Co's overall GF Score™ is 73/100 with 3 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 Techmation Co (SHSE:603015), the current E10 is ¥0.16 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 Techmation Co (SHSE:603015) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Techmation Co stock appears to be undervalued. The current stock price of ¥10.55 is trading 12.3% below its estimated GF Value™ of ¥12.03. GuruFocus considers Ningbo Techmation Co to be Modestly Undervalued.

Key valuation signals for SHSE:603015:

  • E10: ¥0.16
  • GF Value™: ¥12.03 vs. price of ¥10.55 (12.3% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Techmation Co Business Description

Address No. 88 Dagang Fifth Road, Beilun, Ningbo, CHN
Ningbo Techmation Co Ltd supplies automation system integration in the plastics processing industry. It provides high-quality automation system solutions for medium and high-end plastic machinery manufacturers. Its products include iNet, a plastic machinery control system, an energy-saving servo system, and other automated products and system solutions.
73GF Score

Get the complete analysis for SHSE:603015

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

¥10.55
Price
¥12.03
GF Value