ADD Industry (Zhejiang) (SHSE:603089) E10: ¥0.40 (As of Mar. 2026)

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SHSE:603089 ADD Industry (Zhejiang) Corp Ltd SHSE:603089
67 GF Score
Price ¥8.21
GF Value ¥13.66
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is ADD Industry (Zhejiang) E10?

ADD Industry (Zhejiang) SHSE:603089 -3.18% 67 E10 is ¥0.40 as of Mar. 2026. GuruFocus rates SHSE:603089 with a GF Score™ of 67/100 and a GF Value™ of ¥13.66 (Possible Value Trap). 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.

ADD Industry (Zhejiang)'s adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ADD Industry (Zhejiang)'s average E10 Growth Rate was -4.80% 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.

As of today (2026-07-19), ADD Industry (Zhejiang)'s current stock price is ¥8.21. ADD Industry (Zhejiang)'s E10 for the quarter that ended in Mar. 2026 was ¥0.40. ADD Industry (Zhejiang)'s Shiller PE Ratio of today is 20.53.

During the past 13 years, the highest Shiller PE Ratio of ADD Industry (Zhejiang) was 37.20. The lowest was 20.42. And the median was 29.32.


ADD Industry (Zhejiang)  (SHSE:603089) 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.

ADD Industry (Zhejiang)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.21/0.40
=20.53

* 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 ADD Industry (Zhejiang) was 37.20. The lowest was 20.42. And the median was 29.32.


Be Aware

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


ADD Industry (Zhejiang) E10 Related Terms


ADD Industry (Zhejiang) E10 Historical Data

* Premium members only.

The historical data trend for ADD Industry (Zhejiang)'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.

ADD Industry (Zhejiang) E10 Chart

ADD Industry (Zhejiang) 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 0.00 0.42 0.42

ADD Industry (Zhejiang) 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 0.42 0.45 0.44 0.42 0.40

SHSE:603089 vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, ADD Industry (Zhejiang)'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.


ADD Industry (Zhejiang) Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ADD Industry (Zhejiang)'s Shiller PE Ratio falls into.


SHSE:603089
67GF Score
ADD Industry (Zhejiang) Corp Ltd SHSE:603089
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADD Industry (Zhejiang) 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, ADD Industry (Zhejiang)'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)
=-0.07/116.3033*116.3033
=-0.070

Current CPI (Mar. 2026) = 116.3033.

ADD Industry (Zhejiang) Quarterly Data

per share eps CPI Adj_EPS
201606 0.163 101.400 0.187
201609 0.128 102.400 0.145
201612 0.128 102.600 0.145
201703 0.112 103.200 0.126
201706 0.107 103.100 0.121
201709 0.077 104.100 0.086
201712 0.056 104.500 0.062
201803 0.010 105.300 0.011
201806 0.093 104.900 0.103
201809 0.200 106.600 0.218
201812 0.178 106.500 0.194
201903 0.141 107.700 0.152
201906 0.109 107.700 0.118
201909 0.120 109.800 0.127
201912 0.000 111.200 0.000
202003 0.020 112.300 0.021
202006 0.090 110.400 0.095
202009 0.060 111.700 0.062
202012 0.346 111.500 0.361
202103 0.230 112.662 0.237
202106 -0.020 111.769 -0.021
202109 0.060 112.215 0.062
202112 0.010 113.108 0.010
202203 0.050 114.335 0.051
202206 0.130 114.558 0.132
202209 0.180 115.339 0.182
202212 -0.040 115.116 -0.040
202303 -0.040 115.116 -0.040
202306 0.180 114.558 0.183
202309 0.160 115.339 0.161
202312 -0.040 114.781 -0.041
202403 0.070 115.227 0.071
202406 0.030 114.781 0.030
202409 0.110 115.785 0.110
202412 0.110 114.893 0.111
202503 0.140 115.116 0.141
202506 0.390 114.907 0.395
202509 0.050 115.471 0.050
202512 -0.130 115.832 -0.131
202603 -0.070 116.303 -0.070

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 ¥0.40 mean?
ADD Industry (Zhejiang) (SHSE:603089) has a E10 of ¥0.40 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ADD Industry (Zhejiang) and its competitors.
Is ADD Industry (Zhejiang)'s E10 too high?
ADD Industry (Zhejiang)'s current E10 is ¥0.40. Overall, ADD Industry (Zhejiang) has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ADD Industry (Zhejiang)'s E10 compare to ORLY and AZO?
ADD Industry (Zhejiang)'s E10 of ¥0.40 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 ADD Industry (Zhejiang) and its competitors. ADD Industry (Zhejiang)'s current E10 is ¥0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADD Industry (Zhejiang) stock overvalued right now?
Based on GuruFocus' analysis, ADD Industry (Zhejiang) (SHSE:603089) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.66, compared to a current price of ¥8.21 — trading 39.9% below its estimated fair value. The current E10 is ¥0.40. ADD Industry (Zhejiang)'s overall GF Score™ is 67/100 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 ADD Industry (Zhejiang) (SHSE:603089), the current E10 is ¥0.40 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 ADD Industry (Zhejiang) (SHSE:603089) Overvalued in 2026?

Based on GuruFocus' analysis, ADD Industry (Zhejiang) stock appears to be undervalued. The current stock price of ¥8.21 is trading 39.9% below its estimated GF Value™ of ¥13.66. GuruFocus considers ADD Industry (Zhejiang) to be Possible Value Trap.

Key valuation signals for SHSE:603089:

  • E10: ¥0.40
  • GF Value™: ¥13.66 vs. price of ¥8.21 (39.9% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADD Industry (Zhejiang) Business Description

Address No. 1, Zhengyu Road, Economic Development Zone, Zhejiang Province, Yuhuan, CHN, 317607
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
67GF Score

Get the complete analysis for SHSE:603089

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

¥8.21
Price
¥13.66
GF Value