Manho Rope & Wire (XKRX:001080) E10: ₩-106.60 (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.

XKRX:001080 Manho Rope & Wire Ltd XKRX:001080
57 GF Score
Price ₩3,980.00
GF Value ₩2,593.13
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Manho Rope & Wire E10?

Manho Rope & Wire XKRX:001080 -1.85% 57 E10 is ₩-106.60 as of Mar. 2026. GuruFocus rates XKRX:001080 with a GF Score™ of 57/100 and a GF Value™ of ₩2,593.13 (Significantly Overvalued). 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.

Manho Rope & Wire's adjusted earnings per share data for the three months ended in Mar. 2026 was ₩8.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩-106.60 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 Manho Rope & Wire was -14.30% per year. The lowest was -20.10% per year. And the median was -16.00% per year.

As of today (2026-09-02), Manho Rope & Wire's current stock price is ₩3980.00. Manho Rope & Wire's E10 for the quarter that ended in Mar. 2026 was ₩-106.60. Manho Rope & Wire's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Manho Rope & Wire was 533.37. The lowest was 5.59. And the median was 9.07.


Manho Rope & Wire  (XKRX:001080) 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.

During the past 13 years, the highest Shiller P/E Ratio of Manho Rope & Wire was 533.37. The lowest was 5.59. And the median was 9.07.


Be Aware

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


Manho Rope & Wire E10 Related Terms


Manho Rope & Wire E10 Historical Data

* Premium members only.

The historical data trend for Manho Rope & Wire'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.

Manho Rope & Wire E10 Chart

Manho Rope & Wire Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.96 133.14 101.08 -68.64 -106.05

Manho Rope & Wire 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 -101.13 -106.05 -86.67 -105.74 -106.60

XKRX:001080 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Manho Rope & Wire'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.


Manho Rope & Wire Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Manho Rope & Wire's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Manho Rope & Wire's Shiller PE Ratio falls into.


XKRX:001080
57GF Score
Manho Rope & Wire Ltd XKRX:001080
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manho Rope & Wire 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, Manho Rope & Wire'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)
=8/125.2360*125.2360
=8.000

Current CPI (Mar. 2026) = 125.2360.

Manho Rope & Wire Quarterly Data

per share eps CPI Adj_EPS
201606 56.000 100.791 69.582
201609 22.300 101.461 27.525
201612 2.000 101.561 2.466
201703 8.000 102.851 9.741
201706 96.800 102.611 118.143
201709 59.400 103.491 71.881
201712 -12.700 102.991 -15.443
201803 26.900 104.101 32.361
201806 13.400 104.130 16.116
201809 1.400 105.651 1.660
201812 2.400 104.351 2.880
201903 3.100 104.491 3.715
201906 28.100 104.881 33.554
201909 20.900 105.200 24.880
201912 -18.000 105.121 -21.444
202003 35.200 105.354 41.843
202006 3.900 105.112 4.647
202009 4.300 106.198 5.071
202012 -6.300 105.765 -7.460
202103 -2.100 107.357 -2.450
202106 33.100 107.579 38.533
202109 65.100 108.759 74.963
202112 6.300 109.676 7.194
202203 199.800 111.848 223.716
202206 -87.700 114.072 -96.283
202209 23.800 114.715 25.983
202212 -17.400 115.179 -18.919
202303 289.900 116.507 311.619
202306 -456.800 117.182 -488.196
202309 -193.100 118.964 -203.281
202312 -682.600 118.837 -719.355
202403 -131.700 120.123 -137.306
202406 -503.400 120.007 -525.333
202409 156.200 120.861 161.854
202412 -99.900 121.135 -103.282
202503 -148.500 122.590 -151.705
202506 7.442 122.611 7.601
202509 224.200 123.402 227.533
202512 -127.300 123.939 -128.632
202603 8.000 125.236 8.000

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 ₩-106.60 mean?
Manho Rope & Wire (XKRX:001080) has a E10 of ₩-106.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Manho Rope & Wire and its competitors.
Is Manho Rope & Wire's E10 too high?
Manho Rope & Wire's current E10 is ₩-106.60. Overall, Manho Rope & Wire has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manho Rope & Wire's E10 compare to NUE and STLD?
Manho Rope & Wire's E10 of ₩-106.60 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Manho Rope & Wire and its competitors. Manho Rope & Wire's current E10 is ₩-106.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manho Rope & Wire stock overvalued right now?
Based on GuruFocus' analysis, Manho Rope & Wire (XKRX:001080) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩2,593.13, compared to a current price of ₩3,980.00 — trading 53.5% above its estimated fair value. The current E10 is ₩-106.60. Manho Rope & Wire's overall GF Score™ is 57/100 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 Manho Rope & Wire (XKRX:001080), the current E10 is ₩-106.60 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 Manho Rope & Wire (XKRX:001080) Overvalued in 2026?

Based on GuruFocus' analysis, Manho Rope & Wire stock appears to be overvalued. The current stock price of ₩3,980.00 is trading 53.5% above its estimated GF Value™ of ₩2,593.13. GuruFocus considers Manho Rope & Wire to be Significantly Overvalued.

Key valuation signals for XKRX:001080:

  • E10: ₩-106.60
  • GF Value™: ₩2,593.13 vs. price of ₩3,980.00 (53.5% above fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the XKRX:001080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manho Rope & Wire Business Description

Address Jungang-Daero 116 Beon-Gi, 6th and 7th Floor, No. 14, L, JUNG-GU, ,9/FAX 82, Jung-Gu, Busan, KOR, 618-270
Manho Rope & Wire Ltd is a Korea-based company engaged in the manufacturing of ropes. Its products include fiber ropes, wire ropes, stainless wires, stainless cables, hard drawn steel wires, piano wires, pre-stressed concrete (PC) wires, PC strands, elevator ropes, fiber ropes and others, which are used in shipbuilding, mining, elevator, spring manufacturing, bridge construction and other industries.
57GF Score

Get the complete analysis for XKRX:001080

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

₩3,980.00
Price
₩2,593.13
GF Value