New East New Materials Co (SHSE:603110) E10: ¥0.22 (As of Mar. 2026)

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SHSE:603110 New East New Materials Co Ltd SHSE:603110
67 GF Score
Price ¥25.54
GF Value ¥15.87
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is New East New Materials Co E10?

New East New Materials Co SHSE:603110 +2.65% 67 E10 is ¥0.22 as of Mar. 2026. GuruFocus rates SHSE:603110 with a GF Score™ of 67/100 and a GF Value™ of ¥15.87 (Significantly Overvalued). The stock has 5 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.

New East New Materials Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, New East New Materials Co's average E10 Growth Rate was -8.30% 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.

As of today (2026-08-09), New East New Materials Co's current stock price is ¥25.54. New East New Materials Co's E10 for the quarter that ended in Mar. 2026 was ¥0.22. New East New Materials Co's Shiller PE Ratio of today is 116.09.

During the past 13 years, the highest Shiller PE Ratio of New East New Materials Co was 116.32. The lowest was 59.88. And the median was 74.04.


New East New Materials Co  (SHSE:603110) 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.

New East New Materials Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.54/0.22
=116.09

* 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 New East New Materials Co was 116.32. The lowest was 59.88. And the median was 74.04.


Be Aware

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


New East New Materials Co E10 Related Terms


New East New Materials Co E10 Historical Data

* Premium members only.

The historical data trend for New East New Materials 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.

New East New Materials Co E10 Chart

New East New Materials 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 0.00 0.00 0.22

New East New Materials 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 0.24 0.23 0.23 0.22 0.22

SHSE:603110 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, New East New Materials 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.


New East New Materials Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, New East New Materials Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where New East New Materials Co's Shiller PE Ratio falls into.


SHSE:603110
67GF Score
New East New Materials Co Ltd SHSE:603110
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New East New Materials 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, New East New Materials 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)
=0.05/116.3033*116.3033
=0.050

Current CPI (Mar. 2026) = 116.3033.

New East New Materials Co Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 100.600 0.000
201609 0.102 102.400 0.116
201612 0.133 102.600 0.151
201703 0.051 103.200 0.057
201706 0.092 103.100 0.104
201709 0.150 104.100 0.168
201712 0.050 104.500 0.056
201803 0.043 105.300 0.047
201806 0.043 104.900 0.048
201809 0.057 106.600 0.062
201812 0.021 106.500 0.023
201903 0.057 107.700 0.062
201906 0.064 107.700 0.069
201909 0.079 109.800 0.084
201912 0.064 111.200 0.067
202003 0.050 112.300 0.052
202006 0.093 110.400 0.098
202009 0.071 111.700 0.074
202012 0.033 111.500 0.034
202103 0.090 112.662 0.093
202106 0.193 111.769 0.201
202109 0.040 112.215 0.041
202112 -0.020 113.108 -0.021
202203 0.010 114.335 0.010
202206 0.042 114.558 0.043
202209 0.030 115.339 0.030
202212 0.020 115.116 0.020
202303 0.020 115.116 0.020
202306 0.020 114.558 0.020
202309 0.030 115.339 0.030
202312 0.190 114.781 0.193
202403 0.010 115.227 0.010
202406 0.015 114.781 0.015
202409 0.030 115.785 0.030
202412 0.010 114.893 0.010
202503 0.010 115.116 0.010
202506 -0.011 114.907 -0.011
202509 0.013 115.471 0.013
202512 -0.046 115.832 -0.046
202603 0.050 116.303 0.050

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 ¥0.22 mean?
New East New Materials Co (SHSE:603110) has a E10 of ¥0.22 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on New East New Materials Co and its competitors.
Is New East New Materials Co's E10 too high?
New East New Materials Co's current E10 is ¥0.22. Overall, New East New Materials Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New East New Materials Co's E10 compare to LIN and SHW?
New East New Materials Co's E10 of ¥0.22 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 New East New Materials Co and its competitors. New East New Materials Co's current E10 is ¥0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New East New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, New East New Materials Co (SHSE:603110) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.87, compared to a current price of ¥25.54 — trading 60.9% above its estimated fair value. The current E10 is ¥0.22. New East New Materials Co's overall GF Score™ is 67/100 with 5 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 New East New Materials Co (SHSE:603110), the current E10 is ¥0.22 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 New East New Materials Co (SHSE:603110) Overvalued in 2026?

Based on GuruFocus' analysis, New East New Materials Co stock appears to be overvalued. The current stock price of ¥25.54 is trading 60.9% above its estimated GF Value™ of ¥15.87. GuruFocus considers New East New Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603110:

  • E10: ¥0.22
  • GF Value™: ¥15.87 vs. price of ¥25.54 (60.9% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New East New Materials Co Business Description

Address No. 101, Huangjiao Road, Huangyan, Taizhou, CHN, 318020
New East New Materials Co Ltd is a chemical products manufacturer. Its activities include manufacturing and sales of ink and adhesive products.
67GF Score

Get the complete analysis for SHSE:603110

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

¥25.54
Price
¥15.87
GF Value