Ningbo Orient Wires & Cables Co (SHSE:603606) E10: ¥0.92 (As of Mar. 2026)

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SHSE:603606 Ningbo Orient Wires & Cables Co Ltd SHSE:603606
91 GF Score
Price ¥39.06
GF Value ¥62.17
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ningbo Orient Wires & Cables Co E10?

Ningbo Orient Wires & Cables Co SHSE:603606 -0.48% 91 E10 is ¥0.92 as of Mar. 2026. GuruFocus rates SHSE:603606 with a GF Score™ of 91/100 and a GF Value™ of ¥62.17 (Significantly 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.

Ningbo Orient Wires & Cables Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ningbo Orient Wires & Cables Co's average E10 Growth Rate was 22.70% per year. During the past 3 years, the average E10 Growth Rate was 18.70% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ningbo Orient Wires & Cables Co was 18.70% per year. The lowest was 18.70% per year. And the median was 18.70% per year.

As of today (2026-07-27), Ningbo Orient Wires & Cables Co's current stock price is ¥39.06. Ningbo Orient Wires & Cables Co's E10 for the quarter that ended in Mar. 2026 was ¥0.92. Ningbo Orient Wires & Cables Co's Shiller PE Ratio of today is 42.46.

During the past 13 years, the highest Shiller PE Ratio of Ningbo Orient Wires & Cables Co was 112.10. The lowest was 41.02. And the median was 59.22.


Ningbo Orient Wires & Cables Co  (SHSE:603606) 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.

Ningbo Orient Wires & Cables Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=39.06/0.92
=42.46

* 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 Ningbo Orient Wires & Cables Co was 112.10. The lowest was 41.02. And the median was 59.22.


Be Aware

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


Ningbo Orient Wires & Cables Co E10 Related Terms


Ningbo Orient Wires & Cables Co E10 Historical Data

* Premium members only.

The historical data trend for Ningbo Orient Wires & Cables 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.

Ningbo Orient Wires & Cables Co E10 Chart

Ningbo Orient Wires & Cables 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 0.52 0.61 0.72 0.87

Ningbo Orient Wires & Cables 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 0.75 0.77 0.83 0.87 0.92

SHSE:603606 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Orient Wires & Cables 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.


Ningbo Orient Wires & Cables Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Orient Wires & Cables Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Orient Wires & Cables Co's Shiller PE Ratio falls into.


SHSE:603606
91GF Score
Ningbo Orient Wires & Cables Co Ltd SHSE:603606
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Orient Wires & Cables 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, Ningbo Orient Wires & Cables 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)
=0.45/116.3033*116.3033
=0.450

Current CPI (Mar. 2026) = 116.3033.

Ningbo Orient Wires & Cables Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.024 101.400 0.028
201609 0.009 102.400 0.010
201612 0.038 102.600 0.043
201703 0.014 103.200 0.016
201706 0.031 103.100 0.035
201709 0.013 104.100 0.015
201712 0.019 104.500 0.021
201803 0.026 105.300 0.029
201806 0.049 104.900 0.054
201809 0.075 106.600 0.082
201812 0.067 106.500 0.073
201903 0.067 107.700 0.072
201906 0.166 107.700 0.179
201909 0.158 109.800 0.167
201912 0.192 111.200 0.201
202003 0.100 112.300 0.104
202006 0.367 110.400 0.387
202009 0.317 111.700 0.330
202012 0.333 111.500 0.347
202103 0.342 112.662 0.353
202106 0.433 111.769 0.451
202109 0.383 112.215 0.397
202112 0.283 113.108 0.291
202203 0.333 114.335 0.339
202206 0.300 114.558 0.305
202209 0.258 115.339 0.260
202212 0.125 115.116 0.126
202303 0.308 115.116 0.311
202306 0.442 114.558 0.449
202309 0.250 115.339 0.252
202312 0.208 114.781 0.211
202403 0.317 115.227 0.320
202406 0.467 114.781 0.473
202409 0.350 115.785 0.352
202412 0.092 114.893 0.093
202503 0.342 115.116 0.346
202506 0.233 114.907 0.236
202509 0.533 115.471 0.537
202512 0.433 115.832 0.435
202603 0.450 116.303 0.450

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 ¥0.92 mean?
Ningbo Orient Wires & Cables Co (SHSE:603606) has a E10 of ¥0.92 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ningbo Orient Wires & Cables Co and its competitors.
Is Ningbo Orient Wires & Cables Co's E10 too high?
Ningbo Orient Wires & Cables Co's current E10 is ¥0.92. Overall, Ningbo Orient Wires & Cables Co has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Orient Wires & Cables Co's E10 compare to VRT and BE?
Ningbo Orient Wires & Cables Co's E10 of ¥0.92 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Ningbo Orient Wires & Cables Co and its competitors. Ningbo Orient Wires & Cables Co's current E10 is ¥0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Orient Wires & Cables Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Orient Wires & Cables Co (SHSE:603606) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥62.17, compared to a current price of ¥39.06 — trading 37.2% below its estimated fair value. The current E10 is ¥0.92. Ningbo Orient Wires & Cables Co's overall GF Score™ is 91/100 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 Ningbo Orient Wires & Cables Co (SHSE:603606), the current E10 is ¥0.92 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 Ningbo Orient Wires & Cables Co (SHSE:603606) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Orient Wires & Cables Co stock appears to be undervalued. The current stock price of ¥39.06 is trading 37.2% below its estimated GF Value™ of ¥62.17. GuruFocus considers Ningbo Orient Wires & Cables Co to be Significantly Undervalued.

Key valuation signals for SHSE:603606:

  • E10: ¥0.92
  • GF Value™: ¥62.17 vs. price of ¥39.06 (37.2% below fair value)
  • GF Score™: 91/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Orient Wires & Cables Co Business Description

Address No. 1800, Zhongshan East Road, 49-50 Floor, Guohua Financial Center, Beilun District, Zhejiang Province, Ningbo, CHN, 315100
Ningbo Orient Wires & Cables Co Ltd is engaged in the research & development, production, and sales of wires and cables; providing customized services for customers of cables for marine engineering.
91GF Score

Get the complete analysis for SHSE:603606

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

¥39.06
Price
¥62.17
GF Value