Tangshan Sunfar Silicon Industries Co (SHSE:603938) E10: ¥0.55 (As of Mar. 2026)

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SHSE:603938 Tangshan Sunfar Silicon Industries Co Ltd SHSE:603938
65 GF Score
Price ¥43.11
GF Value ¥16.17
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tangshan Sunfar Silicon Industries Co E10?

Tangshan Sunfar Silicon Industries Co SHSE:603938 +4.31% 65 E10 is ¥0.55 as of Mar. 2026. GuruFocus rates SHSE:603938 with a GF Score™ of 65/100 and a GF Value™ of ¥16.17 (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.

Tangshan Sunfar Silicon Industries Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tangshan Sunfar Silicon Industries Co's average E10 Growth Rate was -3.50% 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), Tangshan Sunfar Silicon Industries Co's current stock price is ¥43.11. Tangshan Sunfar Silicon Industries Co's E10 for the quarter that ended in Mar. 2026 was ¥0.55. Tangshan Sunfar Silicon Industries Co's Shiller PE Ratio of today is 78.38.

During the past 13 years, the highest Shiller PE Ratio of Tangshan Sunfar Silicon Industries Co was 137.84. The lowest was 17.36. And the median was 26.50.


Tangshan Sunfar Silicon Industries Co  (SHSE:603938) 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.

Tangshan Sunfar Silicon Industries Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=43.11/0.55
=78.38

* 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 Tangshan Sunfar Silicon Industries Co was 137.84. The lowest was 17.36. And the median was 26.50.


Be Aware

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


Tangshan Sunfar Silicon Industries Co E10 Related Terms


Tangshan Sunfar Silicon Industries Co E10 Historical Data

* Premium members only.

The historical data trend for Tangshan Sunfar Silicon Industries 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.

Tangshan Sunfar Silicon Industries Co E10 Chart

Tangshan Sunfar Silicon Industries 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 0.58 0.55

Tangshan Sunfar Silicon Industries 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 0.57 0.56 0.56 0.55 0.55

SHSE:603938 vs DOW: E10 Comparison

For the Chemicals subindustry, Tangshan Sunfar Silicon Industries 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.


Tangshan Sunfar Silicon Industries Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tangshan Sunfar Silicon Industries Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tangshan Sunfar Silicon Industries Co's Shiller PE Ratio falls into.


SHSE:603938
65GF Score
Tangshan Sunfar Silicon Industries Co Ltd SHSE:603938
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tangshan Sunfar Silicon Industries 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, Tangshan Sunfar Silicon Industries 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)
=0.1/116.3033*116.3033
=0.100

Current CPI (Mar. 2026) = 116.3033.

Tangshan Sunfar Silicon Industries Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.059 101.400 0.068
201609 0.051 102.400 0.058
201612 0.094 102.600 0.107
201703 0.126 103.200 0.142
201706 0.094 103.100 0.106
201709 0.082 104.100 0.092
201712 0.133 104.500 0.148
201803 0.114 105.300 0.126
201806 0.078 104.900 0.086
201809 0.035 106.600 0.038
201812 0.067 106.500 0.073
201903 0.075 107.700 0.081
201906 0.086 107.700 0.093
201909 0.067 109.800 0.071
201912 0.055 111.200 0.058
202003 0.031 112.300 0.032
202006 0.066 110.400 0.070
202009 0.078 111.700 0.081
202012 0.082 111.500 0.086
202103 0.138 112.662 0.142
202106 0.248 111.769 0.258
202109 0.257 112.215 0.266
202112 0.236 113.108 0.243
202203 0.393 114.335 0.400
202206 0.667 114.558 0.677
202209 0.570 115.339 0.575
202212 0.320 115.116 0.323
202303 0.260 115.116 0.263
202306 0.280 114.558 0.284
202309 -0.080 115.339 -0.081
202312 0.050 114.781 0.051
202403 0.030 115.227 0.030
202406 0.080 114.781 0.081
202409 0.020 115.785 0.020
202412 0.040 114.893 0.040
202503 0.070 115.116 0.071
202506 0.030 114.907 0.030
202509 0.070 115.471 0.071
202512 0.040 115.832 0.040
202603 0.100 116.303 0.100

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 ¥0.55 mean?
Tangshan Sunfar Silicon Industries Co (SHSE:603938) has a E10 of ¥0.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tangshan Sunfar Silicon Industries Co and its competitors.
Is Tangshan Sunfar Silicon Industries Co's E10 too high?
Tangshan Sunfar Silicon Industries Co's current E10 is ¥0.55. Overall, Tangshan Sunfar Silicon Industries Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tangshan Sunfar Silicon Industries Co's E10 compare to DOW?
Tangshan Sunfar Silicon Industries Co's E10 of ¥0.55 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 Tangshan Sunfar Silicon Industries Co and its competitors. Tangshan Sunfar Silicon Industries Co's current E10 is ¥0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tangshan Sunfar Silicon Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tangshan Sunfar Silicon Industries Co (SHSE:603938) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.17, compared to a current price of ¥43.11 — trading 166.6% above its estimated fair value. The current E10 is ¥0.55. Tangshan Sunfar Silicon Industries Co's overall GF Score™ is 65/100 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 Tangshan Sunfar Silicon Industries Co (SHSE:603938), the current E10 is ¥0.55 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 Tangshan Sunfar Silicon Industries Co (SHSE:603938) Overvalued in 2026?

Based on GuruFocus' analysis, Tangshan Sunfar Silicon Industries Co stock appears to be overvalued. The current stock price of ¥43.11 is trading 166.6% above its estimated GF Value™ of ¥16.17. GuruFocus considers Tangshan Sunfar Silicon Industries Co to be Significantly Overvalued.

Key valuation signals for SHSE:603938:

  • E10: ¥0.55
  • GF Value™: ¥16.17 vs. price of ¥43.11 (166.6% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tangshan Sunfar Silicon Industries Co Business Description

Address Tangshan New and Hi-Tech Developing Zone, Romm 0701 Building C, Oriental Plaza, Hebei Province, Tangshan City, CHN, 063305
Tangshan Sunfar Silicon Industries Co Ltd produces and sells trichlorosilane, potassium hydroxide and silicon tetrachloride. The company's products are sold to Japan, South Korea, Taiwan, South Africa, India, Malaysia, Indonesia and Australia.
65GF Score

Get the complete analysis for SHSE:603938

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

¥43.11
Price
¥16.17
GF Value