Shinwon (XKRX:009270) E10: ₩23.70 (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.
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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:009270 Shinwon Corp XKRX:009270
65 GF Score
Price ₩1,137.00
GF Value ₩1,534.46
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Shinwon E10?

Shinwon XKRX:009270 +1.25% 65 E10 is ₩23.70 as of Jun. 2026. GuruFocus rates XKRX:009270 with a GF Score™ of 65/100 and a GF Value™ of ₩1,534.46 (Modestly Undervalued). 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.

Shinwon's adjusted earnings per share data for the three months ended in Jun. 2026 was ₩-10.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩23.70 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Shinwon's average E10 Growth Rate was 95.70% per year. During the past 3 years, the average E10 Growth Rate was 39.00% 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 Shinwon was 43.00% per year. The lowest was 39.00% per year. And the median was 41.00% per year.

As of today (2026-09-01), Shinwon's current stock price is ₩1137.00. Shinwon's E10 for the quarter that ended in Jun. 2026 was ₩23.70. Shinwon's Shiller PE Ratio of today is 47.97.

During the past 13 years, the highest Shiller PE Ratio of Shinwon was 762.93. The lowest was 9.77. And the median was 80.51.


Shinwon  (XKRX:009270) 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.

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

Shiller PE Ratio=Share Price/E10
=1137.00/23.70
=47.97

* 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 Shinwon was 762.93. The lowest was 9.77. And the median was 80.51.


Be Aware

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


Shinwon E10 Related Terms


Shinwon E10 Historical Data

* Premium members only.

The historical data trend for Shinwon'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.

Shinwon E10 Chart

Shinwon 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 -39.41 -5.95 15.60 16.35 -1.35

Shinwon 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 12.11 2.32 -1.35 26.19 23.70

XKRX:009270 vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, Shinwon'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.


Shinwon Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinwon's Shiller PE Ratio distribution charts can be found below:

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


XKRX:009270
65GF Score
Shinwon Corp XKRX:009270
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinwon 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, Shinwon'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)
=-10/126.4904*126.4904
=-10.000

Current CPI (Jun. 2026) = 126.4904.

Shinwon Quarterly Data

per share eps CPI Adj_EPS
201609 47.000 101.461 58.594
201612 53.000 101.561 66.009
201703 -45.000 102.851 -55.343
201706 -97.000 102.611 -119.573
201709 39.000 103.491 47.667
201712 -68.000 102.991 -83.516
201803 -48.000 104.101 -58.324
201806 -71.000 104.130 -86.246
201809 -79.000 105.651 -94.583
201812 85.000 104.351 103.034
201903 7.000 104.491 8.474
201906 5.000 104.881 6.030
201909 21.000 105.200 25.250
201912 -13.000 105.121 -15.643
202003 -2.000 105.354 -2.401
202006 -65.000 105.112 -78.220
202009 31.000 106.198 36.924
202012 -68.000 105.765 -81.325
202103 69.000 107.357 81.297
202106 13.000 107.579 15.285
202109 35.000 108.759 40.706
202112 48.000 109.676 55.359
202203 102.000 111.848 115.353
202206 86.000 114.072 95.362
202209 97.000 114.715 106.957
202212 -66.000 115.179 -72.482
202303 69.000 116.507 74.912
202306 -13.000 117.182 -14.033
202309 47.000 118.964 49.974
202312 -42.000 118.837 -44.705
202403 43.000 120.123 45.279
202406 -24.000 120.007 -25.297
202409 -3.000 120.861 -3.140
202412 63.000 121.135 65.785
202503 -18.000 122.590 -18.573
202506 -62.000 122.611 -63.962
202509 -10.000 123.402 -10.250
202512 56.000 123.939 57.153
202603 19.000 125.236 19.190
202606 -10.000 126.490 -10.000

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 ₩23.70 mean?
Shinwon (XKRX:009270) has a E10 of ₩23.70 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shinwon and its competitors.
Is Shinwon's E10 too high?
Shinwon's current E10 is ₩23.70. Overall, Shinwon has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinwon's E10 compare to RL and LEVI?
Shinwon's E10 of ₩23.70 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Shinwon and its competitors. Shinwon's current E10 is ₩23.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwon stock overvalued right now?
Based on GuruFocus' analysis, Shinwon (XKRX:009270) is currently considered Modestly Undervalued. The stock's GF Value™ is ₩1,534.46, compared to a current price of ₩1,137.00 — trading 25.9% below its estimated fair value. The current E10 is ₩23.70. Shinwon's overall GF Score™ is 65/100 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 Shinwon (XKRX:009270), the current E10 is ₩23.70 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 Shinwon (XKRX:009270) Overvalued in 2026?

Based on GuruFocus' analysis, Shinwon stock appears to be undervalued. The current stock price of ₩1,137.00 is trading 25.9% below its estimated GF Value™ of ₩1,534.46. GuruFocus considers Shinwon to be Modestly Undervalued.

Key valuation signals for XKRX:009270:

  • E10: ₩23.70
  • GF Value™: ₩1,534.46 vs. price of ₩1,137.00 (25.9% below fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the XKRX:009270 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinwon Business Description

Address 328, Dokmak-ro Mapo-gu, Shinwon Building, Seoul, KOR, 121-040
Shinwon Corp engages in the manufacture and sale of garments and handbags. The company designs and markets branded and original equipment apparel and fashion accessories. Its products include men's wear, sportswear, women's wear, casual wear, and accessories. The company also exports knitted items, handbags, and sweaters. It sells its apparels under the brand names BESTI BELLI, SI, VIKI, ISABEY, SIEG, SIEG FAHRENHEIT, VANHART DI ALBAZAR, and BRIONI.
65GF Score

Get the complete analysis for XKRX:009270

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

₩1,137.00
Price
₩1,534.46
GF Value