Quectel Wireless Solutions Co (SHSE:603236) E10: ¥1.11 (As of Mar. 2026)


SHSE:603236 Quectel Wireless Solutions Co Ltd SHSE:603236
83 GF Score
Price ¥49.86
GF Value ¥67.38
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Quectel Wireless Solutions Co E10?

Quectel Wireless Solutions Co SHSE:603236 -3.75% 83 E10 is ¥1.11 as of Mar. 2026. GuruFocus rates SHSE:603236 with a GF Score™ of 83/100 and a GF Value™ of ¥67.38 (Modestly Undervalued). 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.

Quectel Wireless Solutions Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.11 for the trailing ten years ended in Mar. 2026.

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 (2026-07-06), Quectel Wireless Solutions Co's current stock price is ¥49.86. Quectel Wireless Solutions Co's E10 for the quarter that ended in Mar. 2026 was ¥1.11. Quectel Wireless Solutions Co's Shiller PE Ratio of today is 44.92.

During the past 13 years, the highest Shiller PE Ratio of Quectel Wireless Solutions Co was 65.14. The lowest was 41.96. And the median was 48.53.


Quectel Wireless Solutions Co  (SHSE:603236) 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.

Quectel Wireless Solutions Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=49.86/1.11
=44.92

* 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 Quectel Wireless Solutions Co was 65.14. The lowest was 41.96. And the median was 48.53.


Be Aware

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


Quectel Wireless Solutions Co E10 Related Terms


Quectel Wireless Solutions Co E10 Historical Data

* Premium members only.

The historical data trend for Quectel Wireless Solutions 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.

Quectel Wireless Solutions Co E10 Chart

Quectel Wireless Solutions 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 0.00

Quectel Wireless Solutions 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 0.00 0.00 0.00 0.00 1.11

SHSE:603236 vs CSCO, CIEN, MSI: E10 Comparison

For the Communication Equipment subindustry, Quectel Wireless Solutions 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.


Quectel Wireless Solutions Co Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Quectel Wireless Solutions Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Quectel Wireless Solutions Co's Shiller PE Ratio falls into.


SHSE:603236
83GF Score
Quectel Wireless Solutions Co Ltd SHSE:603236
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quectel Wireless Solutions 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, Quectel Wireless Solutions 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)
=0.35/116.3000*116.3000
=0.350

Current CPI (Mar. 2026) = 116.3000.

Quectel Wireless Solutions Co Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201706 0.000 103.100 0.000
201712 0.000 104.500 0.000
201803 0.106 105.300 0.117
201806 0.131 104.900 0.145
201809 0.179 106.600 0.195
201812 0.264 106.500 0.288
201903 0.164 107.700 0.177
201906 0.131 107.700 0.141
201909 0.042 109.800 0.044
201912 0.226 111.200 0.236
202003 0.094 112.300 0.097
202006 0.095 110.400 0.100
202009 0.157 111.700 0.163
202012 0.192 111.500 0.200
202103 0.220 112.662 0.227
202106 0.197 111.769 0.205
202109 0.276 112.215 0.286
202112 0.342 113.108 0.352
202203 0.332 114.335 0.338
202206 0.418 114.558 0.424
202209 0.421 115.339 0.425
202212 0.507 115.116 0.512
202303 -0.364 115.116 -0.368
202306 0.050 114.558 0.051
202309 0.264 115.339 0.266
202312 0.293 114.781 0.297
202403 0.150 115.227 0.151
202406 0.421 114.781 0.427
202409 0.400 115.785 0.402
202412 0.621 114.893 0.629
202503 0.579 115.116 0.585
202506 0.707 114.907 0.716
202509 0.714 115.470 0.719
202512 0.286 115.830 0.287
202603 0.350 116.300 0.350

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 ¥1.11 mean?
Quectel Wireless Solutions Co (SHSE:603236) has a E10 of ¥1.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Quectel Wireless Solutions Co and its competitors.
Is Quectel Wireless Solutions Co's E10 too high?
Quectel Wireless Solutions Co's current E10 is ¥1.11. Overall, Quectel Wireless Solutions Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quectel Wireless Solutions Co's E10 compare to CSCO and CIEN?
Quectel Wireless Solutions Co's E10 of ¥1.11 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Quectel Wireless Solutions Co and its competitors. Quectel Wireless Solutions Co's current E10 is ¥1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quectel Wireless Solutions Co stock overvalued right now?
Based on GuruFocus' analysis, Quectel Wireless Solutions Co (SHSE:603236) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥67.38, compared to a current price of ¥49.86 — trading 26% below its estimated fair value. The current E10 is ¥1.11. Quectel Wireless Solutions Co's overall GF Score™ is 83/100 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 Quectel Wireless Solutions Co (SHSE:603236), the current E10 is ¥1.11 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 Quectel Wireless Solutions Co (SHSE:603236) Overvalued in 2026?

Based on GuruFocus' analysis, Quectel Wireless Solutions Co stock appears to be undervalued. The current stock price of ¥49.86 is trading 26% below its estimated GF Value™ of ¥67.38. GuruFocus considers Quectel Wireless Solutions Co to be Modestly Undervalued.

Key valuation signals for SHSE:603236:

  • E10: ¥1.11
  • GF Value™: ¥67.38 vs. price of ¥49.86 (26% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quectel Wireless Solutions Co Business Description

Address No.1016 Tianlin Road, Building 5, Shanghai Business Park, Minhang District, Shanghai, CHN, 200233
Quectel Wireless Solutions Co Ltd is engaged in the design, development of cellular communication modules. It primarily supplies 5G, LTE, LTE-A, LPWA, Smart Module, C-V2X, GSM/GPRS and GNSS modules.
83GF Score

Get the complete analysis for SHSE:603236

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

¥49.86
Price
¥67.38
GF Value