Anhui Conch Cement Co (STU:AQE) E10: €0.39 (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.

STU:AQE Anhui Conch Cement Co Ltd STU:AQE
69 GF Score
Price €2.01
GF Value €1.96
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Anhui Conch Cement Co E10?

Anhui Conch Cement Co STU:AQE +0.60% 69 E10 is €0.39 as of Mar. 2026. GuruFocus rates STU:AQE with a GF Score™ of 69/100 and a GF Value™ of €1.96 (Fairly Valued). The stock has 6 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.

Anhui Conch Cement Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.035. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Anhui Conch Cement Co's average E10 Growth Rate was 1.00% per year. During the past 3 years, the average E10 Growth Rate was -0.80% per year. During the past 5 years, the average E10 Growth Rate was 2.40% per year. During the past 10 years, the average E10 Growth Rate was 13.20% 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 Anhui Conch Cement Co was 26.30% per year. The lowest was -0.80% per year. And the median was 15.70% per year.

As of today (2026-07-29), Anhui Conch Cement Co's current stock price is €2.008. Anhui Conch Cement Co's E10 for the quarter that ended in Mar. 2026 was €0.39. Anhui Conch Cement Co's Shiller PE Ratio of today is 5.15.

During the past 13 years, the highest Shiller PE Ratio of Anhui Conch Cement Co was 21.84. The lowest was 4.32. And the median was 11.59.


Anhui Conch Cement Co  (STU:AQE) 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.

Anhui Conch Cement Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.008/0.39
=5.15

* 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 Anhui Conch Cement Co was 21.84. The lowest was 4.32. And the median was 11.59.


Be Aware

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


Anhui Conch Cement Co E10 Related Terms


Anhui Conch Cement Co E10 Historical Data

* Premium members only.

The historical data trend for Anhui Conch Cement 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.

Anhui Conch Cement Co E10 Chart

Anhui Conch Cement 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 0.41 0.48 0.36 0.39 0.43

Anhui Conch Cement 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 0.41 0.39 0.42 0.43 0.39

STU:AQE vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Anhui Conch Cement 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.


Anhui Conch Cement Co Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's Shiller PE Ratio distribution charts can be found below:

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


STU:AQE
69GF Score
Anhui Conch Cement Co Ltd STU:AQE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anhui Conch Cement 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, Anhui Conch Cement 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)
=0.035/116.3033*116.3033
=0.035

Current CPI (Mar. 2026) = 116.3033.

Anhui Conch Cement Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.055 101.400 0.063
201609 0.065 102.400 0.074
201612 0.066 102.600 0.075
201703 0.056 103.200 0.063
201706 0.112 103.100 0.126
201709 0.074 104.100 0.083
201712 0.146 104.500 0.162
201803 0.116 105.300 0.128
201806 0.204 104.900 0.226
201809 0.184 106.600 0.201
201812 0.220 106.500 0.240
201903 0.152 107.700 0.164
201906 0.222 107.700 0.240
201909 0.206 109.800 0.218
201912 0.237 111.200 0.248
202003 0.120 112.300 0.124
202006 0.263 110.400 0.277
202009 0.203 111.700 0.211
202012 0.246 111.500 0.257
202103 0.142 112.662 0.147
202106 0.222 111.769 0.231
202109 0.184 112.215 0.191
202112 0.286 113.108 0.294
202203 0.133 114.335 0.135
202206 0.131 114.558 0.133
202209 0.069 115.339 0.070
202212 0.084 115.116 0.085
202303 0.065 115.116 0.066
202306 0.095 114.558 0.096
202309 0.054 115.339 0.054
202312 0.042 114.781 0.043
202403 0.036 115.227 0.036
202406 0.045 114.781 0.046
202409 0.046 115.785 0.046
202412 0.062 114.893 0.063
202503 0.043 115.116 0.043
202506 0.059 114.907 0.060
202509 0.043 115.471 0.043
202512 0.042 115.832 0.042
202603 0.035 116.303 0.035

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 €0.39 mean?
Anhui Conch Cement Co (STU:AQE) has a E10 of €0.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Anhui Conch Cement Co and its competitors.
Is Anhui Conch Cement Co's E10 too high?
Anhui Conch Cement Co's current E10 is €0.39. Overall, Anhui Conch Cement Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Conch Cement Co's E10 compare to CRH and VMC?
Anhui Conch Cement Co's E10 of €0.39 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Anhui Conch Cement Co and its competitors. Anhui Conch Cement Co's current E10 is €0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Conch Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Conch Cement Co (STU:AQE) is currently considered Fairly Valued. The stock's GF Value™ is €1.96, compared to a current price of €2.01 — trading 2.4% above its estimated fair value. The current E10 is €0.39. Anhui Conch Cement Co's overall GF Score™ is 69/100 with 6 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 Anhui Conch Cement Co (STU:AQE), the current E10 is €0.39 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 Anhui Conch Cement Co (STU:AQE) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Conch Cement Co stock appears to be overvalued. The current stock price of €2.01 is trading 2.4% above its estimated GF Value™ of €1.96. GuruFocus considers Anhui Conch Cement Co to be Fairly Valued.

Key valuation signals for STU:AQE:

  • E10: €0.39
  • GF Value™: €1.96 vs. price of €2.01 (2.4% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Anhui Conch Cement Co Business Description

Address No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement mainly engages in the production and sale of cement, clinker, and concrete in China. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of over 400 million metric tons in 2025, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contribute to about 80% of its revenue, with the remainder mainly from the trading business and service income.
69GF Score

Get the complete analysis for STU:AQE

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

€2.01
Price
€1.96
GF Value