Boryung (XKRX:003850) E10: ₩631.56 (As of Jun. 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.

XKRX:003850 Boryung XKRX:003850
84 GF Score
Price ₩9,000.00
GF Value ₩9,393.61
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Boryung E10?

Boryung XKRX:003850 +0.67% 84 E10 is ₩631.56 as of Jun. 2026. GuruFocus rates XKRX:003850 with a GF Score™ of 84/100 and a GF Value™ of ₩9,393.61 (Fairly Valued). 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.

Boryung's adjusted earnings per share data for the three months ended in Jun. 2026 was ₩287.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩631.56 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Boryung's average E10 Growth Rate was 23.00% per year. During the past 3 years, the average E10 Growth Rate was 11.80% per year. During the past 5 years, the average E10 Growth Rate was 15.10% 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 Boryung was 17.60% per year. The lowest was 9.90% per year. And the median was 14.90% per year.

As of today (2026-08-25), Boryung's current stock price is ₩9000.00. Boryung's E10 for the quarter that ended in Jun. 2026 was ₩631.56. Boryung's Shiller PE Ratio of today is 14.25.

During the past 13 years, the highest Shiller PE Ratio of Boryung was 71.33. The lowest was 12.97. And the median was 34.15.


Boryung  (XKRX:003850) 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.

Boryung's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9000.00/631.56
=14.25

* 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 Boryung was 71.33. The lowest was 12.97. And the median was 34.15.


Be Aware

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


Boryung E10 Related Terms


Boryung E10 Historical Data

* Premium members only.

The historical data trend for Boryung'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.

Boryung E10 Chart

Boryung 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 342.02 405.15 450.42 518.23 566.20

Boryung 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 513.36 545.47 566.20 614.88 631.56

XKRX:003850 vs ZTS: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Boryung'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.


Boryung Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Boryung's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Boryung's Shiller PE Ratio falls into.


XKRX:003850
84GF Score
Boryung XKRX:003850
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boryung 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, Boryung'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)
=287/126.4904*126.4904
=287.000

Current CPI (Jun. 2026) = 126.4904.

Boryung Quarterly Data

per share eps CPI Adj_EPS
201609 56.150 101.461 70.001
201612 -174.544 101.561 -217.387
201703 9.065 102.851 11.149
201706 2.378 102.611 2.931
201709 10.551 103.491 12.896
201712 176.241 102.991 216.454
201803 22.439 104.101 27.265
201806 54.239 104.130 65.886
201809 84.702 105.651 101.410
201812 107.736 104.351 130.594
201903 156.774 104.491 189.781
201906 179.064 104.881 215.958
201909 138.942 105.200 167.061
201912 43.837 105.121 52.748
202003 133.741 105.354 160.572
202006 83.216 105.112 100.141
202009 95.105 106.198 113.278
202012 87.665 105.765 104.843
202103 326.032 107.357 384.137
202106 -42.500 107.579 -49.971
202109 316.000 108.759 367.518
202112 76.000 109.676 87.651
202203 170.000 111.848 192.255
202206 229.000 114.072 253.929
202209 333.000 114.715 367.181
202212 -96.000 115.179 -105.428
202303 172.000 116.507 186.738
202306 172.000 117.182 185.663
202309 181.000 118.964 192.452
202312 85.000 118.837 90.474
202403 355.000 120.123 373.817
202406 359.000 120.007 378.394
202409 142.000 120.861 148.614
202412 162.000 121.135 169.162
202503 4.000 122.590 4.127
202506 106.000 122.611 109.354
202509 405.000 123.402 415.137
202512 251.000 123.939 256.166
202603 493.000 125.236 497.938
202606 287.000 126.490 287.000

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 ₩631.56 mean?
Boryung (XKRX:003850) has a E10 of ₩631.56 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Boryung and its competitors.
Is Boryung's E10 too high?
Boryung's current E10 is ₩631.56. Overall, Boryung has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boryung's E10 compare to ZTS?
Boryung's E10 of ₩631.56 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Boryung and its competitors. Boryung's current E10 is ₩631.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boryung stock overvalued right now?
Based on GuruFocus' analysis, Boryung (XKRX:003850) is currently considered Fairly Valued. The stock's GF Value™ is ₩9,393.61, compared to a current price of ₩9,000.00 — trading 4.2% below its estimated fair value. The current E10 is ₩631.56. Boryung's overall GF Score™ is 84/100 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 Boryung (XKRX:003850), the current E10 is ₩631.56 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 Boryung (XKRX:003850) Overvalued in 2026?

Based on GuruFocus' analysis, Boryung stock appears to be undervalued. The current stock price of ₩9,000.00 is trading 4.2% below its estimated GF Value™ of ₩9,393.61. GuruFocus considers Boryung to be Fairly Valued.

Key valuation signals for XKRX:003850:

  • E10: ₩631.56
  • GF Value™: ₩9,393.61 vs. price of ₩9,000.00 (4.2% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the XKRX:003850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boryung Business Description

Address 136, Changgyeonggung-ro, Boryeong Building, Jongno-gu, Seoul, KOR, 110-750
Boryung is part of the healthcare sector. The company's business involves the manufacture and marketing of pharmaceutical products. It manufactures a suite of drugs to address various areas such as blood circulation, gastrointestinal, and hypertension. Boryung markets its products globally through over 100 partners.
84GF Score

Get the complete analysis for XKRX:003850

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

₩9,000.00
Price
₩9,393.61
GF Value