Sk Shu Paint Co (SHSE:603737) E10: ¥0.35 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603737 Sk Shu Paint Co Ltd SHSE:603737
67 GF Score
Price ¥20.53
GF Value ¥31.49
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sk Shu Paint Co E10?

Sk Shu Paint Co SHSE:603737 -0.92% 67 E10 is ¥0.35 as of Jun. 2026. GuruFocus rates SHSE:603737 with a GF Score™ of 67/100 and a GF Value™ of ¥31.49 (Significantly 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.

Sk Shu Paint Co's adjusted earnings per share data for the three months ended in Jun. 2026 was ¥0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.35 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Sk Shu Paint Co's average E10 Growth Rate was 20.70% 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.

As of today (2026-09-15), Sk Shu Paint Co's current stock price is ¥20.53. Sk Shu Paint Co's E10 for the quarter that ended in Jun. 2026 was ¥0.35. Sk Shu Paint Co's Shiller PE Ratio of today is 59.34.

During the past 13 years, the highest Shiller PE Ratio of Sk Shu Paint Co was 170.31. The lowest was 58.63. And the median was 104.22.


Sk Shu Paint Co  (SHSE:603737) 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.

Sk Shu Paint Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.53/0.346
=59.34

* 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 Sk Shu Paint Co was 170.31. The lowest was 58.63. And the median was 104.22.


Be Aware

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


Sk Shu Paint Co E10 Related Terms


Sk Shu Paint Co E10 Historical Data

* Premium members only.

The historical data trend for Sk Shu Paint 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.

Sk Shu Paint Co E10 Chart

Sk Shu Paint 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 0.21 0.22 0.24 0.31

Sk Shu Paint Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.24 0.31 0.31 0.35

SHSE:603737 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Sk Shu Paint 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.


Sk Shu Paint Co Shiller PE Ratio vs Chemicals Industry

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

* The bar in red indicates where Sk Shu Paint Co's Shiller PE Ratio falls into.


SHSE:603737
67GF Score
Sk Shu Paint Co Ltd SHSE:603737
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sk Shu Paint 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, Sk Shu Paint Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.2196/116.0564*116.0564
=0.220

Current CPI (Jun. 2026) = 116.0564.

Sk Shu Paint Co Quarterly Data

per share eps CPI Adj_EPS
201609 0.021 102.400 0.024
201612 0.097 102.600 0.109
201703 -0.016 103.200 -0.017
201706 0.063 103.100 0.071
201709 0.060 104.100 0.066
201712 0.103 104.500 0.114
201803 -0.010 105.300 -0.010
201806 0.080 104.900 0.088
201809 0.084 106.600 0.091
201812 0.110 106.500 0.120
201903 -0.002 107.700 -0.002
201906 0.142 107.700 0.153
201909 0.183 109.800 0.193
201912 0.157 111.200 0.164
202003 -0.148 112.300 -0.152
202006 0.276 110.400 0.291
202009 0.246 111.700 0.256
202012 0.200 111.500 0.208
202103 0.009 112.662 0.009
202106 0.119 111.769 0.123
202109 -0.055 112.215 -0.057
202112 -0.543 113.108 -0.557
202203 -0.044 114.335 -0.044
202206 0.152 114.558 0.154
202209 0.231 115.339 0.233
202212 0.033 115.116 0.033
202303 0.030 115.116 0.030
202306 0.321 114.558 0.325
202309 0.276 115.339 0.277
202312 -0.430 114.781 -0.435
202403 0.053 115.227 0.054
202406 0.184 114.781 0.186
202409 0.226 115.785 0.227
202412 -0.089 114.893 -0.089
202503 0.119 115.116 0.120
202506 0.374 114.907 0.377
202509 0.348 115.471 0.349
202512 0.035 115.832 0.035
202603 0.121 116.303 0.120
202606 0.220 116.056 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 ¥0.35 mean?
Sk Shu Paint Co (SHSE:603737) has a E10 of ¥0.35 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sk Shu Paint Co and its competitors.
Is Sk Shu Paint Co's E10 too high?
Sk Shu Paint Co's current E10 is ¥0.35. Overall, Sk Shu Paint Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sk Shu Paint Co's E10 compare to LIN and SHW?
Sk Shu Paint Co's E10 of ¥0.35 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 Sk Shu Paint Co and its competitors. Sk Shu Paint Co's current E10 is ¥0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sk Shu Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Sk Shu Paint Co (SHSE:603737) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥31.49, compared to a current price of ¥20.53 — trading 34.8% below its estimated fair value. The current E10 is ¥0.35. Sk Shu Paint Co's overall GF Score™ is 67/100 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 Sk Shu Paint Co (SHSE:603737), the current E10 is ¥0.35 as of Jun. 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 Sk Shu Paint Co (SHSE:603737) Overvalued in 2026?

Based on GuruFocus' analysis, Sk Shu Paint Co stock appears to be undervalued. The current stock price of ¥20.53 is trading 34.8% below its estimated GF Value™ of ¥31.49. GuruFocus considers Sk Shu Paint Co to be Significantly Undervalued.

Key valuation signals for SHSE:603737:

  • E10: ¥0.35
  • GF Value™: ¥31.49 vs. price of ¥20.53 (34.8% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sk Shu Paint Co Business Description

Address No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100
Sk Shu Paint Co Ltd is engaged in the Research and development, production and sales of architectural coatings (wall coatings), wood coatings and adhesives.
67GF Score

Get the complete analysis for SHSE:603737

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

¥20.53
Price
¥31.49
GF Value