UE Furniture Co (SHSE:603600) E10: ¥0.72 (As of Mar. 2026)

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SHSE:603600 UE Furniture Co Ltd SHSE:603600
79 GF Score
Price ¥9.53
GF Value ¥13.39
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is UE Furniture Co E10?

UE Furniture Co SHSE:603600 -1.04% 79 E10 is ¥0.72 as of Mar. 2026. GuruFocus rates SHSE:603600 with a GF Score™ of 79/100 and a GF Value™ of ¥13.39 (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.

UE Furniture Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, UE Furniture Co's average E10 Growth Rate was 4.30% 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 (2026-08-05), UE Furniture Co's current stock price is ¥9.53. UE Furniture Co's E10 for the quarter that ended in Mar. 2026 was ¥0.72. UE Furniture Co's Shiller PE Ratio of today is 13.24.

During the past 13 years, the highest Shiller PE Ratio of UE Furniture Co was 20.25. The lowest was 12.32. And the median was 16.27.


UE Furniture Co  (SHSE:603600) 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.

UE Furniture Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.53/0.72
=13.24

* 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 UE Furniture Co was 20.25. The lowest was 12.32. And the median was 16.27.


Be Aware

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


UE Furniture Co E10 Related Terms


UE Furniture Co E10 Historical Data

* Premium members only.

The historical data trend for UE Furniture 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.

UE Furniture Co E10 Chart

UE Furniture 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 0.62 0.68 0.71

UE Furniture 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 0.69 0.70 0.70 0.71 0.72

SHSE:603600 vs SN, SGI, MHK: E10 Comparison

For the Furnishings, Fixtures & Appliances subindustry, UE Furniture 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.


UE Furniture Co Shiller PE Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, UE Furniture Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:603600
79GF Score
UE Furniture Co Ltd SHSE:603600
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UE Furniture 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, UE Furniture 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)
=0.22/116.3033*116.3033
=0.220

Current CPI (Mar. 2026) = 116.3033.

UE Furniture Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.118 101.400 0.135
201609 0.114 102.400 0.129
201612 0.140 102.600 0.159
201703 0.100 103.200 0.113
201706 0.160 103.100 0.180
201709 0.090 104.100 0.101
201712 0.050 104.500 0.056
201803 0.100 105.300 0.110
201806 0.080 104.900 0.089
201809 0.090 106.600 0.098
201812 0.090 106.500 0.098
201903 0.130 107.700 0.140
201906 0.170 107.700 0.184
201909 0.170 109.800 0.180
201912 0.120 111.200 0.126
202003 0.100 112.300 0.104
202006 0.250 110.400 0.263
202009 0.340 111.700 0.354
202012 0.080 111.500 0.083
202103 0.180 112.662 0.186
202106 0.200 111.769 0.208
202109 0.150 112.215 0.155
202112 0.070 113.108 0.072
202203 0.160 114.335 0.163
202206 0.290 114.558 0.294
202209 0.500 115.339 0.504
202212 0.160 115.116 0.162
202303 0.170 115.116 0.172
202306 0.300 114.558 0.305
202309 0.210 115.339 0.212
202312 0.270 114.781 0.274
202403 0.130 115.227 0.131
202406 0.250 114.781 0.253
202409 0.300 115.785 0.301
202412 0.210 114.893 0.213
202503 0.170 115.116 0.172
202506 0.230 114.907 0.233
202509 0.180 115.471 0.181
202512 0.120 115.832 0.120
202603 0.220 116.303 0.220

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 ¥0.72 mean?
UE Furniture Co (SHSE:603600) has a E10 of ¥0.72 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on UE Furniture Co and its competitors.
Is UE Furniture Co's E10 too high?
UE Furniture Co's current E10 is ¥0.72. Overall, UE Furniture Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UE Furniture Co's E10 compare to SN and SGI?
UE Furniture Co's E10 of ¥0.72 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good E10 depends on the Furnishings, Fixtures & Appliances 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 UE Furniture Co and its competitors. UE Furniture Co's current E10 is ¥0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UE Furniture Co stock overvalued right now?
Based on GuruFocus' analysis, UE Furniture Co (SHSE:603600) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.39, compared to a current price of ¥9.53 — trading 28.8% below its estimated fair value. The current E10 is ¥0.72. UE Furniture Co's overall GF Score™ is 79/100 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 UE Furniture Co (SHSE:603600), the current E10 is ¥0.72 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 UE Furniture Co (SHSE:603600) Overvalued in 2026?

Based on GuruFocus' analysis, UE Furniture Co stock appears to be undervalued. The current stock price of ¥9.53 is trading 28.8% below its estimated GF Value™ of ¥13.39. GuruFocus considers UE Furniture Co to be Modestly Undervalued.

Key valuation signals for SHSE:603600:

  • E10: ¥0.72
  • GF Value™: ¥13.39 vs. price of ¥9.53 (28.8% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UE Furniture Co Business Description

Address No.1, Yongyi West Road, Dipu Town, Zhejiang Province, Huzhou, Anji County, CHN, 313300
UE Furniture Co Ltd is specialized in the research, development, production, and sales of seats. Its products involve office chairs and training, Training chairs, massage chairs, leisure chairs, children's chairs, partly functional seating metal parts sofas and functional seat accessories.
79GF Score

Get the complete analysis for SHSE:603600

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

¥9.53
Price
¥13.39
GF Value