RoadMainT Co (SHSE:603860) E10: ¥0.76 (As of Mar. 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:603860 RoadMainT Co Ltd SHSE:603860
74 GF Score
Price ¥24.00
GF Value ¥31.39
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is RoadMainT Co E10?

RoadMainT Co SHSE:603860 +2.56% 74 E10 is ¥0.76 as of Mar. 2026. GuruFocus rates SHSE:603860 with a GF Score™ of 74/100 and a GF Value™ of ¥31.39 (Modestly Undervalued). 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.

RoadMainT Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.76 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 (2026-07-29), RoadMainT Co's current stock price is ¥24.00. RoadMainT Co's E10 for the quarter that ended in Mar. 2026 was ¥0.76. RoadMainT Co's Shiller PE Ratio of today is 31.58.

During the past 13 years, the highest Shiller PE Ratio of RoadMainT Co was 47.34. The lowest was 29.67. And the median was 40.62.


RoadMainT Co  (SHSE:603860) 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.

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

Shiller PE Ratio=Share Price/E10
=24.00/0.76
=31.58

* 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 RoadMainT Co was 47.34. The lowest was 29.67. And the median was 40.62.


Be Aware

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


RoadMainT Co E10 Related Terms


RoadMainT Co E10 Historical Data

* Premium members only.

The historical data trend for RoadMainT 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.

RoadMainT Co E10 Chart

RoadMainT 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 0.78 0.76

RoadMainT 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 0.76 0.74 0.72 0.76 0.76

RoadMainT Co E10 Competitor Comparison

For the Infrastructure Operations subindustry, RoadMainT 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.


RoadMainT Co Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, RoadMainT Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:603860
74GF Score
RoadMainT Co Ltd SHSE:603860
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RoadMainT 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, RoadMainT 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)
=0.01/116.3033*116.3033
=0.010

Current CPI (Mar. 2026) = 116.3033.

RoadMainT Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.190 101.400 0.218
201609 0.184 102.400 0.209
201612 0.680 102.600 0.771
201703 0.040 103.200 0.045
201706 0.210 103.100 0.237
201709 0.064 104.100 0.072
201712 0.510 104.500 0.568
201803 0.030 105.300 0.033
201806 0.070 104.900 0.078
201809 0.122 106.600 0.133
201812 0.500 106.500 0.546
201903 0.040 107.700 0.043
201906 0.060 107.700 0.065
201909 0.122 109.800 0.129
201912 0.600 111.200 0.628
202003 -0.160 112.300 -0.166
202006 -0.010 110.400 -0.011
202009 0.150 111.700 0.156
202012 0.550 111.500 0.574
202103 -0.090 112.662 -0.093
202106 -0.040 111.769 -0.042
202109 0.107 112.215 0.111
202112 0.590 113.108 0.607
202203 -0.060 114.335 -0.061
202206 0.020 114.558 0.020
202209 0.090 115.339 0.091
202212 0.530 115.116 0.535
202303 0.060 115.116 0.061
202306 -0.010 114.558 -0.010
202309 0.130 115.339 0.131
202312 0.590 114.781 0.598
202403 -0.070 115.227 -0.071
202406 -0.010 114.781 -0.010
202409 0.160 115.785 0.161
202412 0.590 114.893 0.597
202503 -0.010 115.116 -0.010
202506 0.001 114.907 0.001
202509 0.078 115.471 0.079
202512 0.610 115.832 0.612
202603 0.010 116.303 0.010

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 ¥0.76 mean?
RoadMainT Co (SHSE:603860) has a E10 of ¥0.76 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on RoadMainT Co and its competitors.
Is RoadMainT Co's E10 too high?
RoadMainT Co's current E10 is ¥0.76. Overall, RoadMainT Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RoadMainT Co's E10 compare to competitors?
RoadMainT Co's E10 of ¥0.76 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 RoadMainT Co and its competitors. RoadMainT Co's current E10 is ¥0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RoadMainT Co stock overvalued right now?
Based on GuruFocus' analysis, RoadMainT Co (SHSE:603860) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥31.39, compared to a current price of ¥24.00 — trading 23.5% below its estimated fair value. The current E10 is ¥0.76. RoadMainT Co's overall GF Score™ is 74/100 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 RoadMainT Co (SHSE:603860), the current E10 is ¥0.76 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 RoadMainT Co (SHSE:603860) Overvalued in 2026?

Based on GuruFocus' analysis, RoadMainT Co stock appears to be undervalued. The current stock price of ¥24.00 is trading 23.5% below its estimated GF Value™ of ¥31.39. GuruFocus considers RoadMainT Co to be Modestly Undervalued.

Key valuation signals for SHSE:603860:

  • E10: ¥0.76
  • GF Value™: ¥31.39 vs. price of ¥24.00 (23.5% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RoadMainT Co Business Description

Address Beijing to Kam Road 9, Building 4, Haidian District, Beijing, CHN, 100095
RoadMainT Co Ltd provides service for the highway maintenance industry. It develops road maintenance testing devices such as road damage identification systems.
74GF Score

Get the complete analysis for SHSE:603860

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

¥24.00
Price
¥31.39
GF Value