Wencan Group Co (SHSE:603348) E10: ¥0.32 (As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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SHSE:603348 Wencan Group Co Ltd SHSE:603348
64 GF Score
Price ¥13.12
GF Value ¥24.82
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Wencan Group Co E10?

Wencan Group Co SHSE:603348 +0.77% 64 E10 is ¥0.32 as of Mar. 2026. GuruFocus rates SHSE:603348 with a GF Score™ of 64/100 and a GF Value™ of ¥24.82 (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.

Wencan Group Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥-0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Wencan Group Co's average E10 Growth Rate was -39.60% 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 (2026-07-28), Wencan Group Co's current stock price is ¥13.12. Wencan Group Co's E10 for the quarter that ended in Mar. 2026 was ¥0.32. Wencan Group Co's Shiller PE Ratio of today is 41.00.

During the past 13 years, the highest Shiller PE Ratio of Wencan Group Co was 64.06. The lowest was 37.79. And the median was 43.26.


Wencan Group Co  (SHSE:603348) 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.

Wencan Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.12/0.32
=41.00

* 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 Wencan Group Co was 64.06. The lowest was 37.79. And the median was 43.26.


Be Aware

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


Wencan Group Co E10 Related Terms


Wencan Group Co E10 Historical Data

* Premium members only.

The historical data trend for Wencan Group 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.

Wencan Group Co E10 Chart

Wencan Group 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 0.36

Wencan Group 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 0.53 0.51 0.50 0.36 0.32

SHSE:603348 vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Wencan Group 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.


Wencan Group Co Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wencan Group Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:603348
64GF Score
Wencan Group Co Ltd SHSE:603348
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wencan Group 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, Wencan Group 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)
=-0.25/116.3033*116.3033
=-0.250

Current CPI (Mar. 2026) = 116.3033.

Wencan Group Co Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201703 0.205 103.200 0.231
201706 0.225 103.100 0.254
201709 0.150 104.100 0.168
201712 0.360 104.500 0.401
201803 0.253 105.300 0.279
201806 0.077 104.900 0.085
201809 0.210 106.600 0.229
201812 0.080 106.500 0.087
201903 0.157 107.700 0.170
201906 0.013 107.700 0.014
201909 0.040 109.800 0.042
201912 0.110 111.200 0.115
202003 0.046 112.300 0.048
202006 0.104 110.400 0.110
202009 0.150 111.700 0.156
202012 0.030 111.500 0.031
202103 0.190 112.662 0.196
202106 0.090 111.769 0.094
202109 -0.022 112.215 -0.023
202112 0.112 113.108 0.115
202203 0.290 114.335 0.295
202206 0.220 114.558 0.223
202209 0.406 115.339 0.409
202212 -0.070 115.116 -0.071
202303 0.010 115.116 0.010
202306 0.040 114.558 0.041
202309 0.130 115.339 0.131
202312 0.000 114.781 0.000
202403 0.230 115.227 0.232
202406 0.070 114.781 0.071
202409 0.040 115.785 0.040
202412 0.060 114.893 0.061
202503 0.012 115.116 0.012
202506 0.028 114.907 0.028
202509 -0.034 115.471 -0.034
202512 -1.114 115.832 -1.119
202603 -0.250 116.303 -0.250

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 ¥0.32 mean?
Wencan Group Co (SHSE:603348) has a E10 of ¥0.32 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Wencan Group Co and its competitors.
Is Wencan Group Co's E10 too high?
Wencan Group Co's current E10 is ¥0.32. Overall, Wencan Group Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wencan Group Co's E10 compare to ORLY and AZO?
Wencan Group Co's E10 of ¥0.32 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 Wencan Group Co and its competitors. Wencan Group Co's current E10 is ¥0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wencan Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wencan Group Co (SHSE:603348) is currently considered Possible Value Trap. The stock's GF Value™ is ¥24.82, compared to a current price of ¥13.12 — trading 47.1% below its estimated fair value. The current E10 is ¥0.32. Wencan Group Co's overall GF Score™ is 64/100 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 Wencan Group Co (SHSE:603348), the current E10 is ¥0.32 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 Wencan Group Co (SHSE:603348) Overvalued in 2026?

Based on GuruFocus' analysis, Wencan Group Co stock appears to be undervalued. The current stock price of ¥13.12 is trading 47.1% below its estimated GF Value™ of ¥24.82. GuruFocus considers Wencan Group Co to be Possible Value Trap.

Key valuation signals for SHSE:603348:

  • E10: ¥0.32
  • GF Value™: ¥24.82 vs. price of ¥13.12 (47.1% below fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wencan Group Co Business Description

Address 125 Heshun Avenue, Lishui Town, Nanhai District, Guangdong Province, Foshan, CHN, 528241
Wencan Group Co Ltd is engaged in the research, development, production and sales of automobile aluminum alloy precision die castings. The products are mainly used in engine systems, gearbox systems, and chassis systems in mid- to high-end automobiles, brake system, body structure parts and other auto parts.
64GF Score

Get the complete analysis for SHSE:603348

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

¥13.12
Price
¥24.82
GF Value