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Taiwan Semiconductor Manufacturing Co (MIC:TSM-RM) E10 : €0.00 (As of Jun. 2025)


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What is Taiwan Semiconductor Manufacturing Co E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Taiwan Semiconductor Manufacturing Co's adjusted earnings per share data for the three months ended in Jun. 2025 was €2.248. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Jun. 2025.

During the past 12 months, Taiwan Semiconductor Manufacturing Co's average E10 Growth Rate was 18.10% per year. During the past 3 years, the average E10 Growth Rate was 20.40% per year. During the past 5 years, the average E10 Growth Rate was 20.00% per year. During the past 10 years, the average E10 Growth Rate was 16.20% 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 Taiwan Semiconductor Manufacturing Co was 21.60% per year. The lowest was 8.90% per year. And the median was 13.25% per year.

As of today (2025-07-19), Taiwan Semiconductor Manufacturing Co's current stock price is €0.00. Taiwan Semiconductor Manufacturing Co's E10 for the quarter that ended in Jun. 2025 was €0.00. Taiwan Semiconductor Manufacturing Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Taiwan Semiconductor Manufacturing Co was 54.42. The lowest was 19.55. And the median was 28.17.


Taiwan Semiconductor Manufacturing Co E10 Historical Data

The historical data trend for Taiwan Semiconductor Manufacturing 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.

* Premium members only.

Taiwan Semiconductor Manufacturing Co E10 Chart

Taiwan Semiconductor Manufacturing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
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Taiwan Semiconductor Manufacturing Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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Competitive Comparison of Taiwan Semiconductor Manufacturing Co's E10

For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing 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.


Taiwan Semiconductor Manufacturing Co's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Semiconductor Manufacturing Co's Shiller PE Ratio distribution charts can be found below:

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


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Taiwan Semiconductor Manufacturing 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, Taiwan Semiconductor Manufacturing Co's adjusted earnings per share data for the three months ended in Jun. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=2.248/135.3468*135.3468
=2.248

Current CPI (Jun. 2025) = 135.3468.

Taiwan Semiconductor Manufacturing Co Quarterly Data

per share eps CPI Adj_EPS
201509 0.397 100.392 0.535
201512 0.374 99.792 0.507
201603 0.344 100.470 0.463
201606 0.386 101.688 0.514
201609 0.528 101.861 0.702
201612 0.557 101.863 0.740
201703 0.516 102.862 0.679
201706 0.376 103.349 0.492
201709 0.483 104.136 0.628
201712 0.550 104.011 0.716
201803 0.481 105.290 0.618
201806 0.397 106.317 0.505
201809 0.480 106.507 0.610
201812 0.551 105.998 0.704
201903 0.340 107.251 0.429
201906 0.363 108.070 0.455
201909 0.570 108.329 0.712
201912 0.665 108.420 0.830
202003 0.677 108.902 0.841
202006 0.698 108.767 0.869
202009 0.771 109.815 0.950
202012 0.762 109.897 0.938
202103 0.801 111.754 0.970
202106 0.774 114.631 0.914
202109 0.924 115.734 1.081
202112 0.997 117.630 1.147
202203 1.249 121.301 1.394
202206 1.460 125.017 1.581
202209 1.749 125.227 1.890
202212 1.757 125.222 1.899
202303 1.220 127.348 1.297
202306 1.049 128.729 1.103
202309 1.190 129.860 1.240
202312 1.351 129.419 1.413
202403 1.263 131.776 1.297
202406 1.372 132.554 1.401
202409 1.768 133.029 1.799
202412 2.033 133.157 2.066
202503 1.955 134.927 1.961
202506 2.248 135.347 2.248

Add all the adjusted EPS together and divide 10 will get our e10.


Taiwan Semiconductor Manufacturing Co  (MIC:TSM-RM) 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 Taiwan Semiconductor Manufacturing Co was 54.42. The lowest was 19.55. And the median was 28.17.


Be Aware

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


Taiwan Semiconductor Manufacturing Co E10 Related Terms

Thank you for viewing the detailed overview of Taiwan Semiconductor Manufacturing Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiwan Semiconductor Manufacturing Co Business Description

Address
No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, TWN, 300-096
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with mid-60s market share in 2024. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public in Taiwan in 1994 and as an ADR in the US in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.

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