Tieliu Co (SHSE:603926) E10: ¥0.60 (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:603926 Tieliu Co Ltd SHSE:603926
74 GF Score
Price ¥15.79
GF Value ¥11.40
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tieliu Co E10?

Tieliu Co SHSE:603926 -1.07% 74 E10 is ¥0.60 as of Mar. 2026. GuruFocus rates SHSE:603926 with a GF Score™ of 74/100 and a GF Value™ of ¥11.40 (Significantly Overvalued). The stock has 5 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.

Tieliu Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tieliu Co's average E10 Growth Rate was -1.60% 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 (2026-08-07), Tieliu Co's current stock price is ¥15.79. Tieliu Co's E10 for the quarter that ended in Mar. 2026 was ¥0.60. Tieliu Co's Shiller PE Ratio of today is 26.32.

During the past 13 years, the highest Shiller PE Ratio of Tieliu Co was 42.17. The lowest was 13.74. And the median was 24.57.


Tieliu Co  (SHSE:603926) 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.

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

Shiller PE Ratio=Share Price/E10
=15.79/0.60
=26.32

* 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 Tieliu Co was 42.17. The lowest was 13.74. And the median was 24.57.


Be Aware

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


Tieliu Co E10 Related Terms


Tieliu Co E10 Historical Data

* Premium members only.

The historical data trend for Tieliu 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.

Tieliu Co E10 Chart

Tieliu 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 0.61 0.00

Tieliu 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 0.61 0.60 0.60 0.00 0.60

SHSE:603926 vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Tieliu 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.


Tieliu Co Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tieliu Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:603926
74GF Score
Tieliu Co Ltd SHSE:603926
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tieliu 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, Tieliu 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)
=0.13/116.3033*116.3033
=0.130

Current CPI (Mar. 2026) = 116.3033.

Tieliu Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.195 101.400 0.224
201609 0.183 102.400 0.208
201612 0.201 102.600 0.228
201703 0.178 103.200 0.201
201706 0.160 103.100 0.180
201709 0.172 104.100 0.192
201712 0.095 104.500 0.106
201803 0.112 105.300 0.124
201806 0.111 104.900 0.123
201809 0.092 106.600 0.100
201812 0.131 106.500 0.143
201903 0.131 107.700 0.141
201906 0.154 107.700 0.166
201909 0.100 109.800 0.106
201912 0.208 111.200 0.218
202003 0.108 112.300 0.112
202006 0.177 110.400 0.186
202009 0.146 111.700 0.152
202012 0.354 111.500 0.369
202103 0.254 112.662 0.262
202106 0.266 111.769 0.277
202109 0.200 112.215 0.207
202112 0.100 113.108 0.103
202203 0.120 114.335 0.122
202206 0.120 114.558 0.122
202209 0.060 115.339 0.061
202212 0.060 115.116 0.061
202303 0.100 115.116 0.101
202306 0.160 114.558 0.162
202309 0.090 115.339 0.091
202312 0.080 114.781 0.081
202403 0.120 115.227 0.121
202406 0.130 114.781 0.132
202409 0.090 115.785 0.090
202412 0.110 114.893 0.111
202503 0.120 115.116 0.121
202506 0.090 114.907 0.091
202509 0.120 115.471 0.121
202512 0.000 115.832 0.000
202603 0.130 116.303 0.130

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 ¥0.60 mean?
Tieliu Co (SHSE:603926) has a E10 of ¥0.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tieliu Co and its competitors.
Is Tieliu Co's E10 too high?
Tieliu Co's current E10 is ¥0.60. Overall, Tieliu Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tieliu Co's E10 compare to ORLY and AZO?
Tieliu Co's E10 of ¥0.60 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Tieliu Co and its competitors. Tieliu Co's current E10 is ¥0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tieliu Co stock overvalued right now?
Based on GuruFocus' analysis, Tieliu Co (SHSE:603926) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.40, compared to a current price of ¥15.79 — trading 38.5% above its estimated fair value. The current E10 is ¥0.60. Tieliu Co's overall GF Score™ is 74/100 with 5 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 Tieliu Co (SHSE:603926), the current E10 is ¥0.60 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 Tieliu Co (SHSE:603926) Overvalued in 2026?

Based on GuruFocus' analysis, Tieliu Co stock appears to be overvalued. The current stock price of ¥15.79 is trading 38.5% above its estimated GF Value™ of ¥11.40. GuruFocus considers Tieliu Co to be Significantly Overvalued.

Key valuation signals for SHSE:603926:

  • E10: ¥0.60
  • GF Value™: ¥11.40 vs. price of ¥15.79 (38.5% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tieliu Co Business Description

Address No. 398, Xingguo Road, Linping Street, Linping District, Zhejiang Province, Hangzhou, CHN, 311100
Tieliu Co Ltd is engaged in research & development, production, and sales of automotive clutches. The company's core products are clutches for automobiles, agricultural machinery, and construction machinery.
74GF Score

Get the complete analysis for SHSE:603926

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

¥15.79
Price
¥11.40
GF Value