Baiksan Co (XKRX:035150) E10: ₩ (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:035150 Baiksan Co Ltd XKRX:035150
82 GF Score
Price ₩10,600.00
GF Value ₩15,571.14
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Baiksan Co E10?

Baiksan Co XKRX:035150 -0.66% 82 E10 is ₩ as of Jun. 2026. GuruFocus rates XKRX:035150 with a GF Score™ of 82/100 and a GF Value™ of ₩15,571.14 (Significantly Undervalued). The stock has 2 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.

Baiksan Co's adjusted earnings per share data for the three months ended in Jun. 2026 was ₩454.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, Baiksan Co's average E10 Growth Rate was 13.30% per year. During the past 3 years, the average E10 Growth Rate was 26.20% per year. During the past 5 years, the average E10 Growth Rate was 29.60% 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 Baiksan Co was 36.50% per year. The lowest was -3.40% per year. And the median was 26.20% per year.

As of today (2026-09-21), Baiksan Co's current stock price is ₩10600.00. Baiksan Co's E10 for the quarter that ended in Jun. 2026 was . Baiksan Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Baiksan Co was 54.47. The lowest was 8.00. And the median was 15.97.


Baiksan Co  (XKRX:035150) 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 Baiksan Co was 54.47. The lowest was 8.00. And the median was 15.97.


Be Aware

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


Baiksan Co E10 Related Terms


Baiksan Co E10 Historical Data

* Premium members only.

The historical data trend for Baiksan 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.

Baiksan Co E10 Chart

Baiksan 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 - - - - -

Baiksan Co 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 - - - - -

XKRX:035150 vs NKE, DECK, ONON: E10 Comparison

For the Footwear & Accessories subindustry, Baiksan 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.


Baiksan Co Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


XKRX:035150
82GF Score
Baiksan Co Ltd XKRX:035150
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baiksan 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, Baiksan Co'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)
=454.0064/126.4904*126.4904
=454.006

Current CPI (Jun. 2026) = 126.4904.

Baiksan Co Quarterly Data

per share eps CPI Adj_EPS
201609 271.000 101.461 337.852
201612 193.000 101.561 240.374
201703 236.000 102.851 290.244
201706 90.000 102.611 110.944
201709 273.000 103.491 333.672
201712 -214.000 102.991 -262.829
201803 120.000 104.101 145.809
201806 147.000 104.130 178.566
201809 238.000 105.651 284.946
201812 141.000 104.351 170.915
201903 360.116 104.491 435.935
201906 -137.072 104.881 -165.314
201909 454.243 105.200 546.172
201912 -388.950 105.121 -468.016
202003 504.103 105.354 605.236
202006 -949.688 105.112 -1,142.844
202009 121.082 106.198 144.219
202012 -340.531 105.765 -407.259
202103 425.669 107.357 501.531
202106 267.370 107.579 314.372
202109 6.730 108.759 7.827
202112 101.106 109.676 116.606
202203 552.428 111.848 624.749
202206 419.717 114.072 465.408
202209 878.960 114.715 969.182
202212 5.970 115.179 6.557
202303 473.847 116.507 514.448
202306 327.220 117.182 353.213
202309 733.090 118.964 779.473
202312 267.570 118.837 284.802
202403 809.053 120.123 851.937
202406 571.052 120.007 601.901
202409 623.446 120.861 652.484
202412 765.408 121.135 799.245
202503 620.201 122.590 639.934
202506 318.802 122.611 328.889
202509 423.225 123.402 433.818
202512 209.373 123.939 213.682
202603 636.666 125.236 643.043
202606 454.006 126.490 454.006

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 ₩ mean?
Baiksan Co (XKRX:035150) has a E10 of ₩ as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Baiksan Co and its competitors.
Is Baiksan Co's E10 too high?
Baiksan Co's current E10 is ₩. Overall, Baiksan Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baiksan Co's E10 compare to NKE and DECK?
Baiksan Co's E10 of ₩ 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 Baiksan Co and its competitors. Baiksan Co's current E10 is ₩. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baiksan Co stock overvalued right now?
Based on GuruFocus' analysis, Baiksan Co (XKRX:035150) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩15,571.14, compared to a current price of ₩10,600.00 — trading 31.9% below its estimated fair value. The current E10 is ₩. Baiksan Co's overall GF Score™ is 82/100 with 2 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 Baiksan Co (XKRX:035150), the current E10 is ₩ 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 Baiksan Co (XKRX:035150) Overvalued in 2026?

Based on GuruFocus' analysis, Baiksan Co stock appears to be undervalued. The current stock price of ₩10,600.00 is trading 31.9% below its estimated GF Value™ of ₩15,571.14. GuruFocus considers Baiksan Co to be Significantly Undervalued.

Key valuation signals for XKRX:035150:

  • E10:
  • GF Value™: ₩15,571.14 vs. price of ₩10,600.00 (31.9% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the XKRX:035150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baiksan Co Business Description

Address 47, Gongdan 1-daero 27beongil, Gyeonggi-do, Siheung-si, KOR, 429-450
Baiksan Co Ltd is a South Korea-based company engaged in the industry of artificial leather manufacturing, finance, trade, and clothing production and export. Along with subsiidary the company manufactures and sells synthetic leather using polyurethane synthetic resin and non-woven fabric as foaming agents. The main uses of polyurethane synthetic leather are diverse, ranging from shoes, clothing, and bags to balls, sporting goods, electronic product cases, furniture, automobile interior materials, and miscellaneous goods, and the demand continues to increase as the use develops.
82GF Score

Get the complete analysis for XKRX:035150

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

₩10,600.00
Price
₩15,571.14
GF Value