Shanghai Material Trading Co (SHSE:900927) E10: $0.01 (As of Mar. 2026)

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Vera Yuan
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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.
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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:900927 Shanghai Material Trading Co Ltd SHSE:900927
41 GF Score
Price $0.33
GF Value $0.21
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Shanghai Material Trading Co E10?

Shanghai Material Trading Co SHSE:900927 -0.30% 41 E10 is $0.01 as of Mar. 2026. GuruFocus rates SHSE:900927 with a GF Score™ of 41/100 and a GF Value™ of $0.21 (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.

Shanghai Material Trading Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.01 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Shanghai Material Trading Co was 17.50% per year. The lowest was -43.30% per year. And the median was -4.45% per year.

As of today (2026-08-04), Shanghai Material Trading Co's current stock price is $0.329. Shanghai Material Trading Co's E10 for the quarter that ended in Mar. 2026 was $0.01. Shanghai Material Trading Co's Shiller PE Ratio of today is 32.90.

During the past 13 years, the highest Shiller PE Ratio of Shanghai Material Trading Co was 85.07. The lowest was 31.40. And the median was 70.93.


Shanghai Material Trading Co  (SHSE:900927) 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.

Shanghai Material Trading Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.329/0.01
=32.90

* 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 Shanghai Material Trading Co was 85.07. The lowest was 31.40. And the median was 70.93.


Be Aware

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


Shanghai Material Trading Co E10 Related Terms


Shanghai Material Trading Co E10 Historical Data

* Premium members only.

The historical data trend for Shanghai Material Trading 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.

Shanghai Material Trading Co E10 Chart

Shanghai Material Trading 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 -0.02 -0.01 -0.01 -0.01 0.01

Shanghai Material Trading 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 -0.01 -0.01 0.00 0.01 0.01

SHSE:900927 vs MMM, HON: E10 Comparison

For the Conglomerates subindustry, Shanghai Material Trading 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.


Shanghai Material Trading Co Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's Shiller PE Ratio distribution charts can be found below:

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


SHSE:900927
41GF Score
Shanghai Material Trading Co Ltd SHSE:900927
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Material Trading 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, Shanghai Material Trading 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)
=0.002/116.3033*116.3033
=0.002

Current CPI (Mar. 2026) = 116.3033.

Shanghai Material Trading Co Quarterly Data

per share eps CPI Adj_EPS
201606 -0.002 101.400 -0.002
201609 0.004 102.400 0.005
201612 -0.001 102.600 -0.001
201703 0.003 103.200 0.003
201706 0.000 103.100 0.000
201709 0.003 104.100 0.003
201712 0.003 104.500 0.003
201803 0.005 105.300 0.006
201806 0.005 104.900 0.006
201809 0.003 106.600 0.003
201812 0.001 106.500 0.001
201903 0.005 107.700 0.005
201906 0.004 107.700 0.004
201909 0.005 109.800 0.005
201912 0.003 111.200 0.003
202003 -0.001 112.300 -0.001
202006 0.006 110.400 0.006
202009 0.006 111.700 0.006
202012 0.023 111.500 0.024
202103 0.003 112.662 0.003
202106 0.008 111.769 0.008
202109 0.035 112.215 0.036
202112 0.001 113.108 0.001
202203 0.002 114.335 0.002
202206 -0.009 114.558 -0.009
202209 0.013 115.339 0.013
202212 0.010 115.116 0.010
202303 0.041 115.116 0.041
202306 0.005 114.558 0.005
202309 -0.008 115.339 -0.008
202312 0.003 114.781 0.003
202403 0.001 115.227 0.001
202406 0.006 114.781 0.006
202409 0.005 115.785 0.005
202412 0.001 114.893 0.001
202503 0.002 115.116 0.002
202506 0.002 114.907 0.002
202509 0.001 115.471 0.001
202512 0.003 115.832 0.003
202603 0.002 116.303 0.002

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 $0.01 mean?
Shanghai Material Trading Co (SHSE:900927) has a E10 of $0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shanghai Material Trading Co and its competitors.
Is Shanghai Material Trading Co's E10 too high?
Shanghai Material Trading Co's current E10 is $0.01. Overall, Shanghai Material Trading Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's E10 compare to MMM and HON?
Shanghai Material Trading Co's E10 of $0.01 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Shanghai Material Trading Co and its competitors. Shanghai Material Trading Co's current E10 is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:900927) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.21, compared to a current price of $0.33 — trading 56.7% above its estimated fair value. The current E10 is $0.01. Shanghai Material Trading Co's overall GF Score™ is 41/100 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 Shanghai Material Trading Co (SHSE:900927), the current E10 is $0.01 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 Shanghai Material Trading Co (SHSE:900927) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued. The current stock price of $0.33 is trading 56.7% above its estimated GF Value™ of $0.21. GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.

Key valuation signals for SHSE:900927:

  • E10: $0.01
  • GF Value™: $0.21 vs. price of $0.33 (56.7% above fair value)
  • GF Score™: 41/100 with 1 warning sign

No single metric tells the full story. See the SHSE:900927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Material Trading Co Business Description

Other Exchanges 600822:China
Address No. 325 South Suzhou Road, 4th Floor, Shanghai, Shanghai, CHN, 200002
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
41GF Score

Get the complete analysis for SHSE:900927

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

$0.33
Price
$0.21
GF Value