Phu Nhuan Jewelry JSC (STC:PNJ) E10: ₫3,559.52 (As of Jun. 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.

STC:PNJ Phu Nhuan Jewelry JSC STC:PNJ
96 GF Score
Price ₫37,900.00
GF Value ₫76,647.05
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Phu Nhuan Jewelry JSC E10?

Phu Nhuan Jewelry JSC STC:PNJ +6.91% 96 E10 is ₫3,559.52 as of Jun. 2026. GuruFocus rates STC:PNJ with a GF Score™ of 96/100 and a GF Value™ of ₫76,647.05 (Significantly Undervalued). The stock has 4 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.

Phu Nhuan Jewelry JSC's adjusted earnings per share data for the three months ended in Jun. 2026 was ₫-664.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫3,559.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Phu Nhuan Jewelry JSC's average E10 Growth Rate was 19.00% per year. During the past 3 years, the average E10 Growth Rate was 19.10% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Phu Nhuan Jewelry JSC was 20.50% per year. The lowest was 19.10% per year. And the median was 19.80% per year.

As of today (2026-08-06), Phu Nhuan Jewelry JSC's current stock price is ₫37900.00. Phu Nhuan Jewelry JSC's E10 for the quarter that ended in Jun. 2026 was ₫3,559.52. Phu Nhuan Jewelry JSC's Shiller PE Ratio of today is 10.65.

During the past 13 years, the highest Shiller PE Ratio of Phu Nhuan Jewelry JSC was 37.09. The lowest was 8.64. And the median was 24.83.


Phu Nhuan Jewelry JSC  (STC:PNJ) 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.

Phu Nhuan Jewelry JSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37900.00/3559.52
=10.65

* 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 Phu Nhuan Jewelry JSC was 37.09. The lowest was 8.64. And the median was 24.83.


Be Aware

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


Phu Nhuan Jewelry JSC E10 Related Terms


Phu Nhuan Jewelry JSC E10 Historical Data

* Premium members only.

The historical data trend for Phu Nhuan Jewelry JSC'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.

Phu Nhuan Jewelry JSC E10 Chart

Phu Nhuan Jewelry JSC 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 1,556.32 1,977.82 2,334.54 2,723.89 3,342.17

Phu Nhuan Jewelry JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2,991.80 3,091.24 3,342.17 3,629.82 3,559.52

STC:PNJ vs TPR, SIG: E10 Comparison

For the Luxury Goods subindustry, Phu Nhuan Jewelry JSC'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.


Phu Nhuan Jewelry JSC Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Phu Nhuan Jewelry JSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Phu Nhuan Jewelry JSC's Shiller PE Ratio falls into.


STC:PNJ
96GF Score
Phu Nhuan Jewelry JSC STC:PNJ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phu Nhuan Jewelry JSC 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, Phu Nhuan Jewelry JSC's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-664/333.9520*333.9520
=-664.000

Current CPI (Jun. 2026) = 333.9520.

Phu Nhuan Jewelry JSC Quarterly Data

per share eps CPI Adj_EPS
201609 283.000 241.428 391.456
201612 190.733 241.432 263.824
201703 632.750 243.801 866.724
201706 328.000 244.955 447.169
201709 291.500 246.819 394.406
201712 443.500 246.524 600.784
201803 583.313 249.554 780.587
201806 1,555.500 251.989 2,061.448
201809 411.000 252.439 543.713
201812 437.987 251.233 582.195
201903 962.625 254.202 1,264.626
201906 380.000 256.143 495.433
201909 467.000 256.759 607.401
201912 638.500 256.974 829.766
202003 906.000 258.115 1,172.193
202006 70.298 257.797 91.065
202009 448.500 260.280 575.447
202012 729.000 260.474 934.646
202103 609.500 264.877 768.446
202106 464.500 271.696 570.935
202109 -328.500 274.310 -399.924
202112 856.549 278.802 1,025.983
202203 1,983.333 287.504 2,303.752
202206 729.333 296.311 821.982
202209 647.333 296.808 728.343
202212 672.538 296.797 756.731
202303 1,476.667 301.836 1,633.788
202306 625.333 305.109 684.448
202309 482.667 307.789 523.695
202312 1,161.333 306.746 1,264.334
202403 1,376.000 312.332 1,471.248
202406 788.667 314.175 838.313
202409 430.000 315.301 455.436
202412 1,337.333 315.605 1,415.076
202503 1,236.000 319.799 1,290.700
202506 1,204.000 322.561 1,246.518
202509 913.333 324.800 939.068
202512 2,240.667 324.054 2,309.107
202603 2,678.000 330.213 2,708.323
202606 -664.000 333.952 -664.000

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 ₫3,559.52 mean?
Phu Nhuan Jewelry JSC (STC:PNJ) has a E10 of ₫3,559.52 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Phu Nhuan Jewelry JSC and its competitors.
Is Phu Nhuan Jewelry JSC's E10 too high?
Phu Nhuan Jewelry JSC's current E10 is ₫3,559.52. Overall, Phu Nhuan Jewelry JSC has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phu Nhuan Jewelry JSC's E10 compare to TPR and SIG?
Phu Nhuan Jewelry JSC's E10 of ₫3,559.52 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Phu Nhuan Jewelry JSC and its competitors. Phu Nhuan Jewelry JSC's current E10 is ₫3,559.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phu Nhuan Jewelry JSC stock overvalued right now?
Based on GuruFocus' analysis, Phu Nhuan Jewelry JSC (STC:PNJ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫76,647.05, compared to a current price of ₫37,900.00 — trading 50.6% below its estimated fair value. The current E10 is ₫3,559.52. Phu Nhuan Jewelry JSC's overall GF Score™ is 96/100 with 4 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 Phu Nhuan Jewelry JSC (STC:PNJ), the current E10 is ₫3,559.52 as of Jun. 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 Phu Nhuan Jewelry JSC (STC:PNJ) Overvalued in 2026?

Based on GuruFocus' analysis, Phu Nhuan Jewelry JSC stock appears to be undervalued. The current stock price of ₫37,900.00 is trading 50.6% below its estimated GF Value™ of ₫76,647.05. GuruFocus considers Phu Nhuan Jewelry JSC to be Significantly Undervalued.

Key valuation signals for STC:PNJ:

  • E10: ₫3,559.52
  • GF Value™: ₫76,647.05 vs. price of ₫37,900.00 (50.6% below fair value)
  • GF Score™: 96/100 with 4 warning signs

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


Phu Nhuan Jewelry JSC Business Description

Address 170E Phan Dang Luu Street, Ward 4, Phu Nhuan District, Ho Chi Minh, VNM
Phu Nhuan Jewelry JSC is engaged in the manufacturing and trading of gold, silver, jewelry, and gemstones, and imports and exports jewelry in gold, silver, and gemstones. The other activities are mainly trading accessories and jewelry inspection services. It offers products such as rings, earrings, bracelets, pendants, necklaces, etc., under different brands such as CAO Fine Jewellery, Mancode by PNJ, Style by PNJ, PNJArt, PNJ Silver and Accessories, and others. Geographically, the company conducts its operations only in Vietnam.
96GF Score

Get the complete analysis for STC:PNJ

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

₫37,900.00
Price
₫76,647.05
GF Value