Raisecom Technology Co (SHSE:603803) E10: ¥-0.04 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:603803 Raisecom Technology Co Ltd SHSE:603803
59 GF Score
Price ¥11.14
GF Value ¥6.56
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Raisecom Technology Co E10?

Raisecom Technology Co SHSE:603803 +3.63% 59 E10 is ¥-0.04 as of Mar. 2026. GuruFocus rates SHSE:603803 with a GF Score™ of 59/100 and a GF Value™ of ¥6.56 (Significantly Overvalued). The stock has 1 warning sign 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.

Raisecom Technology Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.04 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 (2026-08-14), Raisecom Technology Co's current stock price is ¥11.14. Raisecom Technology Co's E10 for the quarter that ended in Mar. 2026 was ¥-0.04. Raisecom Technology Co's Shiller PE Ratio of today is .


Raisecom Technology Co  (SHSE:603803) 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.


Be Aware

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


Raisecom Technology Co E10 Related Terms


Raisecom Technology Co E10 Historical Data

* Premium members only.

The historical data trend for Raisecom Technology 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.

Raisecom Technology Co E10 Chart

Raisecom Technology 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 -0.01 -0.02

Raisecom Technology 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 -0.02 -0.02 -0.02 -0.02 -0.04

SHSE:603803 vs CSCO, MSI, HPE: E10 Comparison

For the Communication Equipment subindustry, Raisecom Technology 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.


Raisecom Technology Co Shiller PE Ratio vs Hardware Industry

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

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


SHSE:603803
59GF Score
Raisecom Technology Co Ltd SHSE:603803
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raisecom Technology 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, Raisecom Technology 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)
=0.02/116.3033*116.3033
=0.020

Current CPI (Mar. 2026) = 116.3033.

Raisecom Technology Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.170 101.400 0.195
201609 0.190 102.400 0.216
201612 0.180 102.600 0.204
201703 0.160 103.200 0.180
201706 0.050 103.100 0.056
201709 0.110 104.100 0.123
201712 0.180 104.500 0.200
201803 0.090 105.300 0.099
201806 0.010 104.900 0.011
201809 0.090 106.600 0.098
201812 0.110 106.500 0.120
201903 0.100 107.700 0.108
201906 0.020 107.700 0.022
201909 0.120 109.800 0.127
201912 0.180 111.200 0.188
202003 -0.110 112.300 -0.114
202006 0.140 110.400 0.147
202009 0.110 111.700 0.115
202012 0.190 111.500 0.198
202103 -0.020 112.662 -0.021
202106 -1.818 111.769 -1.892
202109 0.110 112.215 0.114
202112 -0.200 113.108 -0.206
202203 0.070 114.335 0.071
202206 0.000 114.558 0.000
202209 0.040 115.339 0.040
202212 0.080 115.116 0.081
202303 -0.060 115.116 -0.061
202306 -0.030 114.558 -0.030
202309 -0.080 115.339 -0.081
202312 -0.300 114.781 -0.304
202403 0.050 115.227 0.050
202406 -0.140 114.781 -0.142
202409 -0.060 115.785 -0.060
202412 -0.130 114.893 -0.132
202503 -0.050 115.116 -0.051
202506 -0.050 114.907 -0.051
202509 -0.010 115.471 -0.010
202512 0.010 115.832 0.010
202603 0.020 116.303 0.020

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 ¥-0.04 mean?
Raisecom Technology Co (SHSE:603803) has a E10 of ¥-0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Raisecom Technology Co and its competitors.
Is Raisecom Technology Co's E10 too high?
Raisecom Technology Co's current E10 is ¥-0.04. Overall, Raisecom Technology Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raisecom Technology Co's E10 compare to CSCO and MSI?
Raisecom Technology Co's E10 of ¥-0.04 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 Raisecom Technology Co and its competitors. Raisecom Technology Co's current E10 is ¥-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raisecom Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Raisecom Technology Co (SHSE:603803) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.56, compared to a current price of ¥11.14 — trading 69.8% above its estimated fair value. The current E10 is ¥-0.04. Raisecom Technology Co's overall GF Score™ is 59/100 with 1 warning sign 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 Raisecom Technology Co (SHSE:603803), the current E10 is ¥-0.04 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 Raisecom Technology Co (SHSE:603803) Overvalued in 2026?

Based on GuruFocus' analysis, Raisecom Technology Co stock appears to be overvalued. The current stock price of ¥11.14 is trading 69.8% above its estimated GF Value™ of ¥6.56. GuruFocus considers Raisecom Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603803:

  • E10: ¥-0.04
  • GF Value™: ¥6.56 vs. price of ¥11.14 (69.8% above fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raisecom Technology Co Business Description

Address No. 10, West Wangdong Road, 1st to 5th floor, Building 11, East Building, Haidian District, Beijing, CHN, 100094
Raisecom Technology Co Ltd is a Chinese provider of access solutions and network devices. Its product lines consist carrier ethernet, IP MPLS, optical transport network, packet transport network, xPON, SME routers, industrial switch, PCM for SCADA, ethernet over everything, multi-service last mile access and network management system. In addition, the company also offers tailored solutions for access scenarios focusing on service providers, mobile backhaul and front haul, broadband access, mission critical networks, enterprise and government communications services.
59GF Score

Get the complete analysis for SHSE:603803

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

¥11.14
Price
¥6.56
GF Value